Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Credit Unions Chartered in the State of Michigan Amalgamated Credit Union
990 • Fiscal year 2012 • EIN 38-1516865
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.90x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
11th percentile
Faster asset growth than 11% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Down$37,974,386
Down $2,561,318 (-6.3%) from 2011
Net Assets
Down$3,851,904
Down $1,220,697 (-24%) from 2011
Liabilities
Down$34,122,482
Down $1,340,621 (-3.8%) from 2011
Revenue And Expenses
Revenue
$1,365,001
No earlier filing loaded for comparison.
Expenses
Up$2,479,768
Up $209,845 (+9.2%) from 2011
Net Income
-$1,114,767
No earlier filing loaded for comparison.
Historical Trend
Filing Detail Status
This 2012 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2012 to Dec 31, 2012
Mission and Program Overview
Mission
To provide the best possible finanacial services to our members at competitive rates and to maintain the philosophy of members helping members. As a community chartered credit union, we support social and economic programs in the community.
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990Summary only. Only limited summary data is available for this year.
- Assets
- $37,974,386
- Liabilities
- $34,122,482
- Net assets
- $3,851,904
- Revenue
- $1,365,001
- Expenses
- $2,479,768
- Net income
- -$1,114,767