CSCharityScored
84

Credit Unions Chartered In The State Of Michigan

Other · Traverse City, Michigan

630 E Front St, Traverse City, MI 49686-2618

EIN: 381602298· Founded: Oct 1956· 70 years active· Filing Year: 2023

Annual Revenue

$17.8M

Total Expenses

$12.5M

Total Assets

$346.6M

Program Spending

118%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.3M

10.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$3.4M

Total Payroll

$4.7M

37% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 37%
Other overhead: -18%
Program Revenue$14.7M (83%)
Total Expenses$12.5M (70%)
Payroll$4.7M (37%)
Overhead (non-program)-18%

Trust Score Breakdown

Program Spending Ratio

118% of expenses go to programs

40%

Revenue & Stability

$17.8M annual revenue

15%

Executive Compensation

$1.3M total officer comp (10.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$346.6M 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.