CSCharityScored
87

Credit Unions Chartered In The State Of Michigan

Other · Grand Rapids, Michigan

3767 Sparks Dr Se, Grand Rapids, MI 49546-6141

EIN: 381878763· Founded: Oct 1956· 70 years active· Filing Year: 2023

Annual Revenue

$15.8M

Total Expenses

$13.0M

Total Assets

$268.5M

Program Spending

98%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$911K

7.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$3.3M

Total Payroll

$4.2M

33% of total expenses

Where the Money Goes

98%
Programs: 98%
Payroll: 33%
Other overhead: 2%
Program Revenue$12.7M (81%)
Total Expenses$13.0M (82%)
Payroll$4.2M (33%)
Overhead (non-program)2%

Trust Score Breakdown

Program Spending Ratio

98% of expenses go to programs

40%

Revenue & Stability

$15.8M annual revenue

15%

Executive Compensation

$911K total officer comp (7.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$268.5M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.