CSCharityScored
90

Ignite Credit Union

Other · Battle Creek, Michigan

115 Riverside Dr, Battle Creek, MI 49015-2529

EIN: 381480245· Founded: Oct 1956· 70 years active· Filing Year: 2023

Annual Revenue

$18.5M

Total Expenses

$15.3M

Total Assets

$224.3M

Program Spending

86%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$400K

2.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$4.1M

Total Payroll

$4.5M

29% of total expenses

Where the Money Goes

86%
Programs: 86%
Payroll: 29%
Other overhead: 14%
Program Revenue$13.2M (71%)
Total Expenses$15.3M (83%)
Payroll$4.5M (29%)
Overhead (non-program)14%

Trust Score Breakdown

Program Spending Ratio

86% of expenses go to programs

40%

Revenue & Stability

$18.5M annual revenue

15%

Executive Compensation

$400K total officer comp (2.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$224.3M 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.