CSCharityScored
90

Credit Unions Chartered In The State Of Michigan

Other · Houghton Lake, Michigan

2665 Reserve Rd, Houghton Lake, MI 48629-7900

EIN: 381586641· Founded: Oct 1956· 70 years active· Filing Year: 2023

Annual Revenue

$14.2M

Total Expenses

$11.4M

Total Assets

$223.7M

Program Spending

105%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$478K

4.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.6M

Total Payroll

$3.1M

27% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 27%
Other overhead: -5%
Program Revenue$12.0M (84%)
Total Expenses$11.4M (80%)
Payroll$3.1M (27%)
Overhead (non-program)-5%

Trust Score Breakdown

Program Spending Ratio

105% of expenses go to programs

40%

Revenue & Stability

$14.2M annual revenue

15%

Executive Compensation

$478K total officer comp (4.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$223.7M 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.