Credit Unions Chartered In The State Of Michigan

Organization Overview

Credit Unions Chartered In The State Of Michigan is located in Jackson, MI. As of 12/2021, Credit Unions Chartered In The State Of Michigan employed 226 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Credit Unions Chartered In The State Of Michigan is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE LEGACY-DEFINING MOMENTS FOR THE PEOPLE AND PLACES WE SERVE FOR GENERATIONS TO COME.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TRUE COMMUNITY CREDIT UNION PROVIDES A SPECTRUM OF DEPOSIT AND LOAN PRODUCTS FOR OUR MEMBERS AND PROVIDES FINANCIAL EDUCATION FOR THE COMMUNITY TO CULTIVATE THE LEGACY-DEFINING MOMENTS FOR THOSE WE SERVE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jack Henry And Associates
Software Service
$582,258
Doxim Inc
Statement/marketing Materials
$336,166
Diebold Nixdorf Incorporated
Atm Installation/support
$391,758
Finastra Usa Corporation
Mobile App
$306,676
Glory Global Solutions Inc
Coin Dispenser
$235,794
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$29,335,301
Investment income $1,053,896
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$49,854
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $30,339,343

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Credit Unions Chartered In The State Of Michigan has recieved totaling $20,000.

Awarding OrganizationAmount
Michigan Credit Union Foundation

Plymouth, MI

PURPOSE: COMMUNITY ENRICHMENT GRANTS

$20,000
View Grant Recipient Profile

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