CSCharityScored
82

Sovita Credit Union

Other · Flint, Michigan

Po Box 320830, Flint, MI 48532-0015

EIN: 380546210· Founded: Oct 1956· 70 years active· Filing Year: 2023

Annual Revenue

$18.3M

Total Expenses

$12.8M

Total Assets

$508.5M

Program Spending

68%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$584K

4.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$3.2M

Total Payroll

$3.8M

30% of total expenses

Where the Money Goes

68%
Programs: 68%
Payroll: 30%
Other overhead: 32%
Program Revenue$8.7M (48%)
Total Expenses$12.8M (70%)
Payroll$3.8M (30%)
Overhead (non-program)32%

Trust Score Breakdown

Program Spending Ratio

68% of expenses go to programs

40%

Revenue & Stability

$18.3M annual revenue

15%

Executive Compensation

$584K total officer comp (4.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$508.5M 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.