Civic Intelligence

Kalsee Credit Union

EIN 38-1543701 • 501(c)14 • Portage, MI

Profile

To provide and promote a wide range of financial services to help our members gain personal financial success.

5220 Lovers LanePortage, MI 49002

www.kalsee.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.92x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

29th percentile

13.28x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Net Margin

37th percentile

6.5%

Higher net margin than 37% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

20th percentile

$315,894

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Asset Growth

32nd percentile

0.7%

Faster asset growth than 32% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

35th percentile

9.1%

Faster revenue growth than 35% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$277,482,700

Up $2,018,149 (+0.7%) from 2023

Liabilities

Down

$253,977,278

Down $892,343 (-0.4%) from 2023

Net Assets

Up

$23,505,422

Up $2,910,492 (+14%) from 2023

Revenue

Up

$19,119,292

Up $1,589,375 (+9.1%) from 2023

Expenses

Up

$17,884,799

Up $1,774,863 (+11%) from 2023

Net Income

Down

$1,234,493

Down $185,488 (-13%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300M$200M$100M$0Assets 2010: $118,159,760Liabilities 2010: $103,695,230Net Assets 2010: $14,464,5302010Assets 2011: $129,105,055Liabilities 2011: $114,160,563Net Assets 2011: $14,944,4922011Assets 2012: $135,589,233Liabilities 2012: $119,375,049Net Assets 2012: $16,214,1842012Assets 2013: $141,888,092Liabilities 2013: $125,921,829Net Assets 2013: $15,966,2632013Assets 2014: $146,568,018Liabilities 2014: $129,664,128Net Assets 2014: $16,903,8902014Assets 2015: $163,458,448Liabilities 2015: $145,437,515Net Assets 2015: $18,020,9332015Assets 2016: $167,146,802Liabilities 2016: $149,183,331Net Assets 2016: $17,963,4712016Assets 2017: $176,318,387Liabilities 2017: $156,978,932Net Assets 2017: $19,339,4552017Assets 2018: $186,031,636Liabilities 2018: $165,209,282Net Assets 2018: $20,822,3542018Assets 2019: $191,496,362Liabilities 2019: $169,534,182Net Assets 2019: $21,962,1802019Assets 2020: $232,510,221Liabilities 2020: $208,997,578Net Assets 2020: $23,512,6432020Assets 2021: $266,232,925Liabilities 2021: $242,344,344Net Assets 2021: $23,888,5812021Assets 2022: $264,926,490Liabilities 2022: $245,475,651Net Assets 2022: $19,450,8392022Assets 2023: $275,464,551Liabilities 2023: $254,869,621Net Assets 2023: $20,594,9302023Assets 2024: $277,482,700Liabilities 2024: $253,977,278Net Assets 2024: $23,505,4222024

Highlighted filing

2024

Assets$277,482,700
Liabilities$253,977,278
Net Assets$23,505,422

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $7,110,4792010Expenses 2011: $6,909,2382011Expenses 2012: $7,391,2002012Revenue 2013: $8,775,945Expenses 2013: $7,810,120Net Income 2013: $965,8252013Revenue 2014: $8,930,911Expenses 2014: $8,346,841Net Income 2014: $584,0702014Revenue 2015: $9,879,931Expenses 2015: $8,724,900Net Income 2015: $1,155,0312015Revenue 2016: $11,091,664Expenses 2016: $11,296,930Net Income 2016: -$205,2662016Revenue 2017: $11,787,191Expenses 2017: $10,715,405Net Income 2017: $1,071,7862017Revenue 2018: $12,089,796Expenses 2018: $10,491,508Net Income 2018: $1,598,2882018Revenue 2019: $12,410,914Expenses 2019: $11,379,048Net Income 2019: $1,031,8662019Revenue 2020: $12,917,654Expenses 2020: $11,472,354Net Income 2020: $1,445,3002020Revenue 2021: $13,287,278Expenses 2021: $11,991,465Net Income 2021: $1,295,8132021Revenue 2022: $14,420,939Expenses 2022: $12,816,575Net Income 2022: $1,604,3642022Revenue 2023: $17,529,917Expenses 2023: $16,109,936Net Income 2023: $1,419,9812023Revenue 2024: $19,119,292Expenses 2024: $17,884,799Net Income 2024: $1,234,4932024

Highlighted filing

2024

Revenue$19,119,292
Expenses$17,884,799
Net Income$1,234,493

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$277$254$23.5$19.1$17.9$1.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$275$255$20.6$17.5$16.1$1.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$265$245$19.5$14.4$12.8$1.60
2021Detailed filing. Detailed filing data is available for this year.$266$242$23.9$13.3$12.0$1.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$233$209$23.5$12.9$11.5$1.45
2019Detailed filing. Detailed filing data is available for this year.$191$170$22.0$12.4$11.4$1.03
2018Detailed filing. Detailed filing data is available for this year.$186$165$20.8$12.1$10.5$1.60
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$176$157$19.3$11.8$10.7$1.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$167$149$18.0$11.1$11.3$0.21
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$163$145$18.0$9.88$8.72$1.16
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$147$130$16.9$8.93$8.35$0.58
2013Detailed filing. Detailed filing data is available for this year.$142$126$16.0$8.78$7.81$0.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$136$119$16.2$7.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$129$114$14.9$6.91
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$118$104$14.5$7.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 19, 2025
Return Version
2024v5.2
Gross Receipts
$19,119,292
Mission and Program Overview

Mission

To build relationships and cultivate financial wellness, empowering people to focus on what matters.

Provide membership with savings, checking, club, money market, health savings, iras, certificates of deposit and a broad array of loans to satisfy our members' financial wellness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$196,450,953$206,487,236▲ $10,036,283
Investments in Publicly Traded Securities$43,035,607$39,888,401▼ $3,147,206
Rtn Earn Endowment Incm Other Fnds$20,616,902$23,505,422▲ $2,888,520
Land, Buildings, and Equipment, Net$11,763,864$11,354,247▼ $409,617
Cash and Non-Interest-Bearing Accounts$3,929,962$3,012,542▼ $917,420
Savings and Temporary Cash Investments$7,088,567$2,930,570▼ $4,157,997
Investments Other Securities$1,955,052$2,368,754▲ $413,702
Receivables From Officers Etc$1,595,681$1,667,196▲ $71,515
Prepaid Expenses and Deferred Charges$1,376,236$1,475,582▲ $99,346
Accounts Receivable$558,825$798,730▲ $239,905
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$275,464,551$277,482,700▲ $2,018,149
Other Assets Total$7,709,804$7,499,442▼ $210,362
Liabilities
Other Liabilities$245,210,040$245,960,271▲ $750,231
Mortgage Notes Payable Secured by Investment Property$6,000,000$6,000,000→ $0
Accounts Payable and Accrued Expenses$3,637,609$2,017,007▼ $1,620,602
Total Liabilities$254,847,649$253,977,278▼ $870,371
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,616,902$23,505,422▲ $2,888,520
Total Liabilities and Net Assets / Fund Balance$275,464,551$277,482,700▲ $2,018,149

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,558,149$1,014,720$7,572,869
Land$3,384,688-$3,384,688
Equipment$1,345,073$1,124,932$2,470,005
Leasehold Improvements$66,337$93,687$160,024
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew LahmanCEOFT$220,241$95,653$315,894
Sheldon FaworskiCOOFT$133,414$62,965$196,379
Steven ShunkwilerCFOFT$122,313$32,720$155,033
Richard BakerVP of LendingFT$119,853$32,801$152,654
Carrie BoisonaultVP Marketing & Business DeFT$118,992$9,844$128,836

Board Members and Trustees

NameTitle
David StuutBoard Chair
Joseph MartinVice Chairman
Erik NordAssociate Director
Jodi K MilksBoard Member
Michelle ShinevareBoard Secretary
Rudy CallenBoard Treasurer
Ben DanielsonDirector
Brian SackettDirector
Rodney MasonDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
PscuAtm/debit/credit Processing560 CARILLON PARKWAY, St Petersburg, FL 33716$662,823
Cu AnswersCore Data Processor6000 28TH ST SE STE 100, Grand Rapids, MI 49546$652,183
AunalyticsIt Infastructure460 STULL ST SUITE 200, South Bend, IN 46601$462,424
Visa InternationalCredit/debit Card BrandingPO BOX 742233, Los Angeles, CA 90074$234,325
CorneliusIt Infastructure1302 ANDERSON RD, Clawson, MI 48017$188,832
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$17,530,395
Investment Income
$1,243,411
Other Revenue
$345,486
Change in Net Assets
$1,234,493

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,119,292
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$19,119,292
Total Revenue per Form 990
$19,119,292
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,439,015
Salaries, Compensation, and Employee Benefits$6,445,784
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$4,256,739
Interest---$3,089,746
Information Technology---$1,388,668
Other Employee Benefits---$931,974
Office Expenses---$789,169
Current Officers, Directors, Trustees, and Key Employees---$667,306
All Other Expenses---$529,863
Other Expenses---$454,878
Depreciation Depletion---$382,321
Payroll Taxes---$377,201
Fees for Services Other---$373,616
Advertising---$336,957
Occupancy---$330,557
Pension Plan Contributions---$212,564
Travel---$106,836
Fees for Services Accounting---$98,567
Insurance---$60,668
Conferences and Meetings---$40,762
Payments to Affiliates---$18,001
Fees for Services Legal---$7,884
Total Functional Expenses$0$0$0$17,884,799

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$17,884,799
Total Expenses per Audited Statements$17,884,799
Total Expenses per Form 990$17,884,799
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$1,595,681$1,667,196▲ $71,515
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares$245,960,271
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The credit union has a single class of members with equal rights of ownership, governance and voting.

Form 990, Part VI, Section A, Line 7A

Board members are nominated and then elected by mail vote by the membership. Results of the mail vote are announced at the annual meeting. Each board member is elected for a 3 year term.

Form 990, Part VI, Section A, Line 7B

Members of the credit union have the right to approve the governing body's election and removal of members of the governing body, as well as other matters that are subject to the approval of members of the credit union as they occur.

Form 990, Part VI, Section B, Line 11B

Form 990 is thoroughly reviewed by the ceo and cfo prior to filing. Management provides the board of directors with a summary of the 990 completion process each year. A complete copy of the 990 is made available to the board of directors upon their request.

Form 990, Part VI, Section B, Line 15

The compensation committee is made up of selected members of the board of directors. The committee uses compensation surveys to approve compensation for the ceo. The last compensation review for the ceo was performed in 2024. Key employee compensation is determined by reviews conducted by the ceo and human resources and are approved by the board of directors. The last compensation review for key employees was performed in 2024.

Form 990, Part VI, Section C, Line 19

Monthly financial statements are posted in the credit union's lobbies. The governing documents and the conflict of interest policy are available upon request at the main office.

Filing and Contact Details

Filer

Filer Name
Kalsee Credit Union
EIN
38-1543701
Phone
2693827800
Address
5220 LOVERS LANE, PORTAGE, MI 49002

Signing Officer

Name
Steve Shunkwiler
Title
CFO
Phone
2693827807
Signed
2025-11-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Lahman
Formed
1954
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
123
Volunteers
8

Preparer

Firm
Doeren Mayhew
Address
8785 SW 165TH AVENUE SUITE 303, MIAMI, FL 33193
Preparer
Aubrey Clegg
Phone
3052328272
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Maintenance 438,070. Fraud/forgeries/overdraft losses 96,386. Miscellaneous -4,593.

FORM 990, PART XII, LINE 2B:

Audited financial statements are on a fiscal year end and tax reporting is required on a calendar year end. There are no revenue or expense items reported in the audited financial statements that are not reported in form 990.

Form 990, Part XII, Line 2C

There were no changes in the process of the committee that assumes responsibility of the oversight of the audit and selection of the independent auditor.

Financial Statement Notes

PART X, LINE 2:

The credit union is exempt, by statute (irc section 501(c)(14)), from federal and state income taxes.

Raw XML AppendixShowing 400 of 564 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/AccountantCompileOrReviewInd00
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE MEMBERSHIP WITH SAVINGS, CHECKING, CLUB, MONEY MARKET, HEALTH SAVINGS, IRAS, CERTIFICATES OF DEPOSIT AND A BROAD ARRAY OF LOANS TO SATISFY OUR MEMBERS' FINANCIAL WELLNESS.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt945635
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1040280
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1127622
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1211178
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt139844
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID STUUT
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSEPH MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm2JODI K MILKS
IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN SACKETT
IRS990/Form990PartVIISectionAGrp/PersonNm4BEN DANIELSON
IRS990/Form990PartVIISectionAGrp/PersonNm5RUDY CALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHELLE SHINEVARE
IRS990/Form990PartVIISectionAGrp/PersonNm7ERIK NORD
IRS990/Form990PartVIISectionAGrp/PersonNm8RODNEY MASON
IRS990/Form990PartVIISectionAGrp/PersonNm9MATTHEW LAHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10SHELDON FAWORSKI
IRS990/Form990PartVIISectionAGrp/PersonNm11STEVEN SHUNKWILER
IRS990/Form990PartVIISectionAGrp/PersonNm12RICHARD BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm13CARRIE BOISONAULT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9270259
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10156099
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11127411
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12141476
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13118992
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7ASSOCIATE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10COO
IRS990/Form990PartVIISectionAGrp/TitleTxt11CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP OF LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP MARKETING & BUSINESS DE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01954
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt019119292
IRS990/GroupExemptionNum01359
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01388668
IRS990/InsuranceGrp/TotalAmt060668
IRS990/InterestGrp/TotalAmt03089746
IRS990/InvestmentIncomeGrp/ExclusionAmt01243411
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01243411
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01955052
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02368754
IRS990/InvestmentsPubTradedSecGrp/BOYAmt043035607
IRS990/InvestmentsPubTradedSecGrp/EOYAmt039888401
IRS990/IRPDocumentCnt05053
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02233339
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011763864
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011354247
IRS990/LandBldgEquipCostOrOtherBssAmt013587586
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO BUILD RELATIONSHIPS AND CULTIVATE FINANCIAL WELLNESS, EMPOWERING PEOPLE TO FOCUS ON WHAT MATTERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06000000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06000000
IRS990/NetAssetsOrFundBalancesBOYAmt020616902
IRS990/NetAssetsOrFundBalancesEOYAmt023505422
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01889284
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0330557
IRS990/OfficeExpensesGrp/TotalAmt0789169
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07709804
IRS990/OtherAssetsTotalGrp/EOYAmt07499442
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0931974
IRS990/OtherExpensesGrp/Desc0LOAN SERVICING
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2ATM EXPENSE
IRS990/OtherExpensesGrp/Desc3VISA/PLASTIC CARD EXPEN
IRS990/OtherExpensesGrp/TotalAmt01448190
IRS990/OtherExpensesGrp/TotalAmt11346972
IRS990/OtherExpensesGrp/TotalAmt2635360
IRS990/OtherExpensesGrp/TotalAmt3454878
IRS990/OtherLiabilitiesGrp/BOYAmt0245210040
IRS990/OtherLiabilitiesGrp/EOYAmt0245960271
IRS990/OtherRevenueMiscGrp/BusinessCd0520000
IRS990/OtherRevenueMiscGrp/Desc0FINANCE AND INSURANCE
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0345486
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0345486
IRS990/OtherRevenueTotalAmt0345486
IRS990/OtherSalariesAndWagesGrp/TotalAmt04256739
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0196450953
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0206487236
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt018001
IRS990/PayrollTaxesGrp/TotalAmt0377201
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0212564
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01376236
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01475582
IRS990/PrincipalOfficerNm0MATT LAHMAN
IRS990/PriorPeriodAdjustmentsAmt0-235257
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1FEES/CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012342745
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15187650
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012342745
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15187650
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE MEMBERS WITH CREDIT CARD, VEHICLE, REAL ESTATE, UNSECURED, BUSINESS AND LINE OF CREDIT LOANS WITH AGGREGATE LOAN BALANCES THAT APPROXIMATED $197,833,000 AS OF DECEMBER 31, 2024.
IRS990/ProgSrvcAccomActy3Grp/Desc0OFFER ATM & DEBIT CARD, CHECK CASHING, WIRE TRANSFER, COURTESY PAY, MONEY ORDERS, CASHIER CHECKS, ELECTRONIC BANKING, FINANCIAL COUNSELING, INVESTMENT AND INSURANCE PROGRAMS TO ALL ELIGIBLE MEMBERS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01689068
IRS990/PYOtherExpensesAmt010077630
IRS990/PYOtherRevenueAmt0275463
IRS990/PYProgramServiceRevenueAmt015565386
IRS990/PYRevenuesLessExpensesAmt01419981
IRS990/PYSalariesCompEmpBnftPaidAmt06032306
IRS990/PYTotalExpensesAmt016109936
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt017529917
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt01595681
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt01667196
IRS990/ReconcilationRevenueExpnssAmt01234493
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt020616902
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt023505422
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07088567
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02930570
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt06558149
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01014720
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07572869
IRS990ScheduleD/EquipmentGrp/BookValueAmt01345073
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01124932
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02470005
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt017884799
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03384688
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03384688
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt066337
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt093687
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0160024
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0245960271
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt019119292
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS EXEMPT, BY STATUTE (IRC SECTION 501(C)(14)), FROM FEDERAL AND STATE INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011354247
IRS990ScheduleD/TotalExpensesPerForm990Amt017884799
IRS990ScheduleD/TotalLiabilityAmt0245960271
IRS990ScheduleD/TotalRevenuePerForm990Amt019119292
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt019119292
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt017884799
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0220241
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1133414
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2122313
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3119853
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount034562
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount116088
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount24822
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount313548
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30

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