87
Credit Unions Chartered In The State Of Michigan
Public Benefit · Grand Rapids, Michigan
1720 Michigan St Ne, Grand Rapids, MI 49503-2018
EIN: 381544138· Founded: Oct 1956· 70 years active· Filing Year: 2023
Annual Revenue
$13.3M
Total Expenses
$10.1M
Total Assets
$253.9M
Program Spending
97%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$833K
8.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$2.4M
Total Payroll
$3.2M
32% of total expenses
Where the Money Goes
97%
Programs: 97%
Payroll: 32%
Other overhead: 3%
Program Revenue$9.8M (74%)
Total Expenses$10.1M (76%)
Payroll$3.2M (32%)
Overhead (non-program)3%
Trust Score Breakdown
Program Spending Ratio
97% of expenses go to programs
Revenue & Stability
$13.3M annual revenue
Executive Compensation
$833K total officer comp (8.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$253.9M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.