Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.89x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
Up$48,825,326
Up $1,925,765 (+4.1%) from 2010
Net Assets
Up$5,183,324
Up $227,640 (+4.6%) from 2010
Liabilities
Up$43,642,002
Up $1,698,125 (+4.0%) from 2010
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
Down$2,427,683
Down $259,415 (-9.7%) from 2010
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2011 to Dec 31, 2011
- Signed
- Jun 1, 2012
- Return Version
- 2011v1.2
- Gross Receipts
- $2,711,066
Mission and Program Overview
Mission
To provide competitive deposit and loan products to the membership base according to the Michigan Credit Union act.
Major Activities
- Activity 2
- The Credit Union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2011 was 4,210.
Filing and Contact Details
Filer
- EIN
- 38-0592915
Raw XML AppendixShowing 400 of 440 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReview | 0 | false |
| IRS990/AccountsPayableAccruedExpenses/BOY | 0 | 512869 |
| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 45140 |
| IRS990/AccountsReceivable/EOY | 0 | 0 |
| IRS990/ActivitiesConductedPartnership | 0 | false |
| IRS990/Activity2/Description | 0 | The Credit Union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2011 was 4,210. |
| IRS990/ActivityOrMissionDescription | 0 | To provide competitive deposit and loan products to the membership base according to the Michigan Credit Union act. |
| IRS990/Advertising/Total | 0 | 77000 |
| IRS990/AllAffiliatesIncluded | 0 | false |
| IRS990/AllOtherExpenses/Total | 0 | 115552 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | true |
| IRS990/AuditCommittee | 0 | true |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BenefitsToMembers/Total | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | false |
| IRS990/BsnssRltnshpWithOrganization | 0 | false |
| IRS990/CashNonInterestBearing/BOY | 0 | 968795 |
| IRS990/CashNonInterestBearing/EOY | 0 | 849923 |
| IRS990/ChangesToOrganizingDocs | 0 | false |
| IRS990/CollectionsOfArt | 0 | false |
| IRS990/CompCurrentOfficersDirectors/Total | 0 | 196802 |
| IRS990/CompDisqualPersons/Total | 0 | 0 |
| IRS990/CompensationFromOtherSources | 0 | false |
| IRS990/CompensationProcessCEO | 0 | true |
| IRS990/CompensationProcessOther | 0 | true |
| IRS990/ComplianceWithBackupWitholding | 0 | true |
| IRS990/ConferencesMeetings/Total | 0 | 0 |
| IRS990/ConflictOfInterestPolicy | 0 | true |
| IRS990/ConservationEasements | 0 | false |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | false |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine1 | 0 | 600 28th Street SE |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City | 0 | Grand Rapids |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State | 0 | MI |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode | 0 | 48456 |
| IRS990/ContractorCompensation/Compensation | 0 | 190828 |
| IRS990/ContractorCompensation/DescriptionOfServices | 0 | Data Processing |
| IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine1 | 0 | CU Answers |
| IRS990/ContributionsGrantsCurrentYear | 0 | 0 |
| IRS990/CreditCounseling | 0 | false |
| IRS990/DecisionsSubjectToApproval | 0 | true |
| IRS990/DeductibleContributionsOfArt | 0 | false |
| IRS990/DeductibleNonCashContributions | 0 | false |
| IRS990/DelegationOfManagementDuties | 0 | false |
| IRS990/DepreciationDepletion/Total | 0 | 53031 |
| IRS990/DescribedIn501C3 | 0 | false |
| IRS990/Description | 0 | The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2011 was 7,250. |
| IRS990/DisregardedEntity | 0 | false |
| IRS990/DistributionToDonor | 0 | false |
| IRS990/DocumentRetentionPolicy | 0 | true |
| IRS990/DonorAdvisedFunds | 0 | false |
| IRS990/DoNotFollowSFAS117 | 0 | X |
| IRS990/ElectionOfBoardMembers | 0 | true |
| IRS990/EmploymentTaxReturnsFiled | 0 | true |
| IRS990/EscrowAccount | 0 | false |
| IRS990/ExcessBenefitTransaction | 0 | false |
| IRS990/ExcessBusinessHoldings | 0 | false |
| IRS990/FamilyOrBusinessRelationship | 0 | false |
| IRS990/FederalGrantAuditPerformed | 0 | false |
| IRS990/FederalGrantAuditRequired | 0 | false |
| IRS990/FeesForServicesAccounting/Total | 0 | 38161 |
| IRS990/FeesForServicesInvstMgmntFees/Total | 0 | 0 |
| IRS990/FeesForServicesLegal/Total | 0 | 0 |
| IRS990/FeesForServicesLobbying/Total | 0 | 0 |
| IRS990/FeesForServicesManagement/Total | 0 | 0 |
| IRS990/FeesForServicesOther/Total | 0 | 0 |
| IRS990/FeesForServicesProfFundraising/Total | 0 | 0 |
| IRS990/FiledLieu1041 | 0 | false |
| IRS990/FinancialStatementSeparate | 0 | X |
| IRS990/ForeignActivities | 0 | false |
| IRS990/ForeignFinancialAccount | 0 | false |
| IRS990/ForeignGrants/Total | 0 | 0 |
| IRS990/ForeignOffice | 0 | false |
| IRS990/Form720Filed | 0 | false |
| IRS990/Form8886TFiled | 0 | false |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 0 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 3 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 4 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 5 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 6 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 7 | 45.00 |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 0 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 2 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 3 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 4 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 5 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 6 | X |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | David Brock |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | Albert Provot |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | Edgar Hekman |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | Daniel Duba Jr |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | Richard Jackson |
| IRS990/Form990PartVIISectionA/NamePerson | 5 | Paul Tenbrock |
| IRS990/Form990PartVIISectionA/NamePerson | 6 | Robert Lancaster |
| IRS990/Form990PartVIISectionA/NamePerson | 7 | Anna Marie Zielinski |
| IRS990/Form990PartVIISectionA/Officer | 0 | X |
| IRS990/Form990PartVIISectionA/OtherCompensation | 0 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 2 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 3 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 4 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 5 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 6 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 7 | 4065 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 6 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 7 | 84136 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 6 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 7 | 0 |
| IRS990/Form990PartVIISectionA/Title | 0 | Treasurer |
| IRS990/Form990PartVIISectionA/Title | 1 | Director |
| IRS990/Form990PartVIISectionA/Title | 2 | Director |
| IRS990/Form990PartVIISectionA/Title | 3 | Vice Chairman |
| IRS990/Form990PartVIISectionA/Title | 4 | Secretary |
| IRS990/Form990PartVIISectionA/Title | 5 | Chairman |
| IRS990/Form990PartVIISectionA/Title | 6 | Director |
| IRS990/Form990PartVIISectionA/Title | 7 | President & CEO |
| IRS990/Form990ProvidedToGoverningBody | 0 | true |
| IRS990/Form990-TFiled | 0 | true |
| IRS990/FormersListed | 0 | false |
| IRS990/FSAudited | 0 | true |
| IRS990/FundraisingActivities | 0 | false |
| IRS990/Gaming | 0 | false |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 0 |
| IRS990/GrantsToDomesticIndividuals/Total | 0 | 0 |
| IRS990/GrantsToDomesticOrgs/Total | 0 | 0 |
| IRS990/GrantsToIndividuals | 0 | false |
| IRS990/GrantsToOrganizations | 0 | false |
| IRS990/GrantToRelatedPerson | 0 | false |
| IRS990/GrossReceipts | 0 | 2711066 |
| IRS990/GrossRents/Real | 0 | 42955 |
| IRS990/GroupReturnForAffiliates | 0 | false |
| IRS990/Hospital | 0 | false |
| IRS990/IncomeFromInvestBondProceeds/TotalRevenueColumn | 0 | 0 |
| IRS990/IndependentAuditFinancialStmt | 0 | true |
| IRS990/IndoorTanningServices | 0 | false |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/InformationTechnology/Total | 0 | 67998 |
| IRS990/Insurance/Total | 0 | 33181 |
| IRS990/IntangibleAssets/EOY | 0 | 0 |
| IRS990/Interest/Total | 0 | 367085 |
| IRS990/InventoriesForSaleOrUse/EOY | 0 | 0 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 311912 |
| IRS990/InvestmentIncomePriorYear | 0 | 385027 |
| IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome | 0 | 311912 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 311912 |
| IRS990/InvestmentInJointVenture | 0 | false |
| IRS990/InvestmentsOtherSecurities/BOY | 0 | 17871719 |
| IRS990/InvestmentsOtherSecurities/EOY | 0 | 9284611 |
| IRS990/InvestmentsProgramRelated/EOY | 0 | 0 |
| IRS990/InvestmentsPubTradedSecurities/EOY | 0 | 0 |
| IRS990/InvestTaxExemptBonds | 0 | false |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 1119877 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 2178345 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 1074964 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 1058468 |
| IRS990/LessRentalExpenses/Real | 0 | 55743 |
| IRS990/LicensedMoreThanOneState | 0 | false |
| IRS990/LoanToOfficerOrDQP | 0 | true |
| IRS990/LobbyingActivities | 0 | false |
| IRS990/LocalChapters | 0 | true |
| IRS990/MaterialDiversionOrMisuse | 0 | false |
| IRS990/MembersOrStockholders | 0 | true |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | true |
| IRS990/MinutesOfGoverningBody | 0 | true |
| IRS990/MissionDescription | 0 | To provide competitive deposit and loan products to the membership base according to the Michigan Credit Union act. |
| IRS990/MoreThan5000KToIndividuals | 0 | false |
| IRS990/MoreThan5000KToOrganizations | 0 | false |
| IRS990/NbrIndependentVotingMembers | 0 | 7 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 7 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 7 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 4955684 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 5183324 |
| IRS990/NetGainOrLossInvestments/TotalRevenueColumn | 0 | 0 |
| IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn | 0 | 0 |
| IRS990/NetIncomeFromGaming/TotalRevenueColumn | 0 | 0 |
| IRS990/NetIncomeOrLoss/TotalRevenueColumn | 0 | 0 |
| IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn | 0 | -12788 |
| IRS990/NetRentalIncomeOrLoss/UnrelatedBusinessRevenue | 0 | -12788 |
| IRS990/NonDeductibleContributions | 0 | false |
| IRS990/NonDeductibleDisclosure | 0 | false |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 1340 |
| IRS990/NumberIndependentVotingMembers | 0 | 7 |
| IRS990/NumberIndividualsGT100K | 0 | 0 |
| IRS990/NumberOfContractorsGT100K | 0 | 1 |
| IRS990/NumberOfEmployees | 0 | 27 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/Total | 0 | 108101 |
| IRS990/OfficeExpenses/Total | 0 | 131100 |
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| IRS990/OfficerMailingAddress | 0 | false |
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| IRS990/OtherEmployeeBenefits/Total | 0 | 69354 |
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| IRS990/OtherExpensesCurrentYear | 0 | 1867318 |
| IRS990/OtherExpenses/Description | 0 | Provision for Loan Losses |
| IRS990/OtherExpenses/Description | 1 | Other Mis Operating Expenses |
| IRS990/OtherExpenses/Description | 2 | NCUA Stabilization Expense |
| IRS990/OtherExpenses/Description | 3 | MasterCard Debit Card Expense |
| IRS990/OtherExpenses/Description | 4 | Loan Servicing Expenses |
| IRS990/OtherExpenses/Total | 0 | 146795 |
| IRS990/OtherExpenses/Total | 1 | 359384 |
| IRS990/OtherExpenses/Total | 2 | 108570 |
| IRS990/OtherExpenses/Total | 3 | 86982 |
| IRS990/OtherExpenses/Total | 4 | 169564 |
| IRS990/OtherLiabilities/BOY | 0 | 41431008 |
| IRS990/OtherLiabilities/EOY | 0 | 43596862 |
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| IRS990/OtherNotesLoansReceivableNet/EOY | 0 | 28343256 |
| IRS990/OtherRevenueCurrentYear | 0 | 25929 |
| IRS990/OtherRevenueMisc/BusinessCode | 0 | 525990 |
| IRS990/OtherRevenueMisc/BusinessCode | 1 | 525990 |
| IRS990/OtherRevenueMisc/BusinessCode | 2 | 524298 |
| IRS990/OtherRevenueMisc/Description | 0 | Non Member ATM Fees |
| IRS990/OtherRevenueMisc/Description | 1 | MRC Sales |
| IRS990/OtherRevenueMisc/Description | 2 | GAP Insurance |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 0 | 6215 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 1 | 950 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 2 | 31552 |
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| IRS990/OtherRevenueMisc/UnrelatedBusinessRevenue | 1 | 950 |
| IRS990/OtherRevenueMisc/UnrelatedBusinessRevenue | 2 | 31552 |
| IRS990/OtherRevenuePriorYear | 0 | 31353 |
| IRS990/OtherSalariesAndWages/Total | 0 | 205999 |
| IRS990/PartialLiquidation | 0 | false |
| IRS990/PaymentsToAffiliates/Total | 0 | 0 |
| IRS990/PayrollTaxes/Total | 0 | 66923 |
| IRS990/PensionPlanContributions/Total | 0 | 21287 |
| IRS990/PledgesAndGrantsReceivable/EOY | 0 | 0 |
| IRS990/PoliciesReferenceChapters | 0 | true |
| IRS990/PoliticalActivities | 0 | false |
| IRS990/PrepaidExpensesDeferredCharges/BOY | 0 | 130835 |
| IRS990/PrepaidExpensesDeferredCharges/EOY | 0 | 0 |
| IRS990/PriorExcessBenefitTransaction | 0 | false |
| IRS990/ProfessionalFundraising | 0 | false |
| IRS990/ProgramServiceRevenue/BusinessCode | 0 | 522100 |
| IRS990/ProgramServiceRevenue/BusinessCode | 1 | 522100 |
| IRS990/ProgramServiceRevenue/BusinessCode | 2 | 522100 |
| IRS990/ProgramServiceRevenue/BusinessCode | 3 | 522100 |
| IRS990/ProgramServiceRevenue/BusinessCode | 4 | 522100 |
| IRS990/ProgramServiceRevenueCY | 0 | 2317482 |
| IRS990/ProgramServiceRevenue/Description | 0 | Visa Interchange Income |
| IRS990/ProgramServiceRevenue/Description | 1 | Other Fees & Charges |
| IRS990/ProgramServiceRevenue/Description | 2 | Interest on Loans |
| IRS990/ProgramServiceRevenue/Description | 3 | Draft/ACH/Debit Card NSF |
| IRS990/ProgramServiceRevenue/Description | 4 | Debit Card Income |
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| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 0 | 62882 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 1 | 131362 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 2 | 1756376 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 3 | 204889 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 4 | 161973 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 0 | 62882 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 1 | 131362 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 2 | 1756376 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 3 | 204889 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 4 | 161973 |
| IRS990/ProhibitedTaxShelterTrans | 0 | false |
| IRS990/ReceivablesFromDisqualPersons/EOY | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtc/EOY | 0 | 0 |
| IRS990/ReconcilationRevenueExpenses | 0 | 227640 |
| IRS990/RegularMonitoringEnforcement | 0 | true |
| IRS990/RelatedEntity | 0 | false |
| IRS990/RelatedOrgControlledEntity | 0 | false |
| IRS990/RentalIncomeOrLoss/Real | 0 | -12788 |
| IRS990/ReportFin48Footnote | 0 | false |
| IRS990/ReportInvestOthSecurities | 0 | true |
| IRS990/ReportLandBldgEquip | 0 | true |
| IRS990/ReportOtherAssets | 0 | false |
| IRS990/ReportOtherLiabilities | 0 | true |
| IRS990/ReportProgRelInvest | 0 | false |
| IRS990/RetainedEarningsEndowmentEtc/BOY | 0 | 4955684 |
| IRS990/RetainedEarningsEndowmentEtc/EOY | 0 | 5183324 |
| IRS990/RevenuesLessExpensesCY | 0 | 227640 |
| IRS990/RevenuesLessExpensesPriorYear | 0 | 131287 |
| IRS990/RoyaltiesRevenue/TotalRevenueColumn | 0 | 0 |
| IRS990/Royalties/Total | 0 | 0 |
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| IRS990/SalariesEtcPriorYear | 0 | 848597 |
| IRS990/SavingsAndTempCashInvestments/BOY | 0 | 1032163 |
| IRS990/SavingsAndTempCashInvestments/EOY | 0 | 8638505 |
| IRS990/ScheduleBRequired | 0 | false |
| IRS990ScheduleD/Buildings/BookValue | 0 | 661408 |
| IRS990ScheduleD/Buildings/Depreciation | 0 | 428035 |
| IRS990ScheduleD/Buildings/OtherCostOrOtherBasis | 0 | 1089443 |
| IRS990ScheduleD/Equipment/BookValue | 0 | 70864 |
| IRS990ScheduleD/Equipment/Depreciation | 0 | 415709 |
| IRS990ScheduleD/Equipment/OtherCostOrOtherBasis | 0 | 486573 |
| IRS990ScheduleD/ExcessOrDeficitForYear | 0 | 227640 |
| IRS990ScheduleD/ExcessOrDeficitPerFS | 0 | 227640 |
| IRS990ScheduleD/ExpensesSubtotal | 0 | 2427683 |
| IRS990ScheduleD/Land/BookValue | 0 | 160000 |
| IRS990ScheduleD/Land/OtherCostOrOtherBasis | 0 | 160000 |
| IRS990ScheduleD/LeaseholdImprovements/BookValue | 0 | 166196 |
| IRS990ScheduleD/LeaseholdImprovements/Depreciation | 0 | 276133 |
| IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis | 0 | 442329 |
| IRS990ScheduleD/OtherLiabilities/Amount | 0 | 43596862 |
| IRS990ScheduleD/OtherLiabilities/Description | 0 | Member Shares |
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| IRS990ScheduleD/TotalExpenses | 0 | 2427683 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 2427683 |
| IRS990ScheduleD/TotalOfAmounts | 0 | 43596862 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 1058468 |
| IRS990ScheduleD/TotalOfBookValueSecurities | 0 | 9284611 |
| IRS990ScheduleD/TotalRevenue | 0 | 2655323 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 2655323 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 2427683 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 2655323 |
| IRS990/ScheduleJRequired | 0 | false |
| IRS990ScheduleL/LoanTable/ApprovedByBoard | 0 | true |
| IRS990ScheduleL/LoanTable/Default | 0 | false |
| IRS990ScheduleL/LoanTable/LoanFromOrganization | 0 | X |
| IRS990ScheduleL/LoanTable/NameBusiness/BusinessNameLine1 | 0 | No loans requiring reporting |
| IRS990ScheduleL/LoanTable/PurposeOfLoan | 0 | per 10/21/11 Instructions |
| IRS990ScheduleL/LoanTable/WrittenAgreement | 0 | true |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | Credit union bylaws and conflict of interest policy are available upon request at the credit union's main office. Quarterly financial statements are displayed in the lobby which is accessible to the general public. Quarterly financial performance (Call) reports are also available at www.ncua.gov for all federally insured credit unions. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | Executive and employee salaries are Board reviewed and approved. Board of directors are not compensated. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | Employee loans are Management approved. Management loans are Board approved. Loans to Board members are approved by the Board minus the lendee. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | Management reviews tax returns and forwards US Form 8879-EO to tax preparer. Board reviews filed tax returns at next scheduled meeting. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | Mergers are voted on by the entire membership. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | Members vote on bylaw and charter changes. Members vote and elect Board members at annual meeting. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | Section 501c(14) Credit Union is composed of members. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | Form 990, Part VI, Line 19 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | Form 990, Part VI, Line 15b |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | Form 990, Part VI, Line 12c |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | Form 990, Part VI, Line 11 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | Form 990, Part VI, Line 7b |
| IRS990ScheduleO/GeneralExplanation/Identifier | 5 | Form 990, Part VI, Line 7a |
| IRS990ScheduleO/GeneralExplanation/Identifier | 6 | Form 990, Part VI, Line 6 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | Form 990, Part VI, Line 11: Form 990 Review Process |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 6 | Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder |
| IRS990/ScheduleORequired | 0 | true |
| IRS990/School | 0 | false |
| IRS990/SignificantChange | 0 | false |
| IRS990/SignificantNewProgramServices | 0 | false |
| IRS990/StateLegalDomicile | 0 | MI |
| IRS990/SubjectToProxyTax | 0 | false |
| IRS990/TaxableDistributions | 0 | false |
| IRS990/TaxablePartyNotification | 0 | false |
| IRS990/TaxExemptBonds | 0 | false |
| IRS990/Terminated | 0 | false |
| IRS990/TermOrPermanentEndowments | 0 | false |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 150 Ann Street NW |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | Grand Rapids |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | MI |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 49505 |
| IRS990/TheBooksAreInCareOf/NamePerson | 0 | Clint Holshoe |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 6163647283 |
| IRS990/TotalAssets/BOY | 0 | 46899561 |
| IRS990/TotalAssetsBOY | 0 | 46899561 |
| IRS990/TotalAssets/EOY | 0 | 48825326 |
| IRS990/TotalAssetsEOY | 0 | 48825326 |
| IRS990/TotalCompGT150K | 0 | false |
| IRS990/TotalContributions | 0 | 0 |
| IRS990/TotalExpensesCurrentYear | 0 | 2427683 |
| IRS990/TotalExpensesPriorYear | 0 | 2687098 |
| IRS990/TotalFunctionalExpenses/Fundraising | 0 | 0 |
| IRS990/TotalFunctionalExpenses/ManagementAndGeneral | 0 | 0 |
| IRS990/TotalFunctionalExpenses/ProgramServices | 0 | 0 |
| IRS990/TotalFunctionalExpenses/Total | 0 | 2427683 |
| IRS990/TotalFundrsngExpCurrentYear | 0 | 0 |
| IRS990/TotalGrossUBI | 0 | 25929 |
| IRS990/TotalLiabilities/BOY | 0 | 41943877 |
| IRS990/TotalLiabilitiesBOY | 0 | 41943877 |
| IRS990/TotalLiabilities/EOY | 0 | 43642002 |
| IRS990/TotalLiabilitiesEOY | 0 | 43642002 |
| IRS990/TotalLiabNetAssetsFundBalances/BOY | 0 | 46899561 |
| IRS990/TotalLiabNetAssetsFundBalances/EOY | 0 | 48825326 |
| IRS990/TotalNbrEmployees | 0 | 27 |
| IRS990/TotalNbrVolunteers | 0 | 7 |
| IRS990/TotalNetAssetsFundBalances/BOY | 0 | 4955684 |
| IRS990/TotalNetAssetsFundBalances/EOY | 0 | 5183324 |
| IRS990/TotalOtherCompensation | 0 | 4065 |
| IRS990/TotalOtherRevenue | 0 | 38717 |
| IRS990/TotalProfFundrsngExpCY | 0 | 0 |
| IRS990/TotalProgramServiceRevenue | 0 | 2317482 |
| IRS990/TotalReportableCompFromOrg | 0 | 84136 |
| IRS990/TotalRevenueCurrentYear | 0 | 2655323 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $48,825,326
- Liabilities
- $43,642,002
- Net assets
- $5,183,324
- Revenue
- -
- Expenses
- $2,427,683
- Net income
- -