Civic Intelligence

Tri-Cities Credit Union

EIN 38-1559604 • 501(c)14 • Grand Haven, MI

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Profile

Provide financial services and products to members.

905 PennoyerGrand Haven, MI 49417

www.tricu.org

Siviq Scores

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

Liabilities / Assets

45th percentile

0.88x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

17.25x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Net Margin

66th percentile

16%

Higher net margin than 66% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

39th percentile

$144,464

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Asset Growth

75th percentile

5.5%

Faster asset growth than 75% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

17%

Faster revenue growth than 74% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets45th percentile

Using 2023 Form 990 data because the latest 2024 filing does not report standard financial totals.

Assets

Up

$48,034,282

Up $197,439 (+0.4%) from 2022

Liabilities

Down

$42,120,076

Down $72,141 (-0.2%) from 2022

Net Assets

Up

$5,914,206

Up $269,580 (+4.8%) from 2022

Operations
Liabilities / Revenue70th percentileNet Margin66th percentile

Revenue

Down

$2,204,309

Down $106,990 (-4.6%) from 2022

Expenses

Up

$1,745,982

Up $349,837 (+25%) from 2022

Net Income

Down

$458,327

Down $456,827 (-50%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth75th percentile

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

$60M$40M$20M$0Assets 2011: $25,028,947Liabilities 2011: $22,699,352Net Assets 2011: $2,329,5952011Assets 2012: $26,116,894Liabilities 2012: $23,656,886Net Assets 2012: $2,460,0082012Assets 2013: $28,524,641Liabilities 2013: $25,910,020Net Assets 2013: $2,614,6212013Assets 2014: $28,300,914Liabilities 2014: $25,564,542Net Assets 2014: $2,736,3722014Assets 2015: $30,439,791Liabilities 2015: $27,579,651Net Assets 2015: $2,860,1402015Assets 2016: $33,251,246Liabilities 2016: $30,161,008Net Assets 2016: $3,090,2382016Assets 2017: $31,920,668Liabilities 2017: $28,629,840Net Assets 2017: $3,290,8282017Assets 2018: $31,946,942Liabilities 2018: $28,225,037Net Assets 2018: $3,721,9052018Assets 2019: $33,861,433Liabilities 2019: $29,717,766Net Assets 2019: $4,143,6672019Assets 2020: $41,171,681Liabilities 2020: $36,774,013Net Assets 2020: $4,397,6682020Assets 2021: $48,237,871Liabilities 2021: $43,508,399Net Assets 2021: $4,729,4722021Assets 2022: $47,836,843Liabilities 2022: $42,192,217Net Assets 2022: $5,644,6262022Assets 2023: $48,034,282Liabilities 2023: $42,120,076Net Assets 2023: $5,914,2062023

Latest loaded filing

2023

Assets$48,034,282
Liabilities$42,120,076
Net Assets$5,914,206
Open 2023 Filing

Operations Trend

Revenue Growth74th percentile

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

$3.0M$2.0M$1.0M$0Expenses 2011: $1,023,9462011Expenses 2012: $941,0802012Revenue 2013: $1,055,971Expenses 2013: $901,358Net Income 2013: $154,6132013Revenue 2014: $1,077,517Expenses 2014: $955,766Net Income 2014: $121,7512014Revenue 2015: $1,080,114Expenses 2015: $956,346Net Income 2015: $123,7682015Revenue 2016: $1,117,011Expenses 2016: $886,913Net Income 2016: $230,0982016Revenue 2017: $1,204,953Expenses 2017: $1,004,363Net Income 2017: $200,5902017Revenue 2018: $1,419,949Expenses 2018: $988,872Net Income 2018: $431,0772018Revenue 2019: $1,621,090Expenses 2019: $1,199,328Net Income 2019: $421,7622019Revenue 2020: $1,590,033Expenses 2020: $1,336,032Net Income 2020: $254,0012020Revenue 2021: $1,601,833Expenses 2021: $1,270,029Net Income 2021: $331,8042021Revenue 2022: $2,311,299Expenses 2022: $1,396,145Net Income 2022: $915,1542022Revenue 2023: $2,204,309Expenses 2023: $1,745,982Net Income 2023: $458,3272023

Latest loaded filing

2023

Revenue$2,204,309
Expenses$1,745,982
Net Income$458,327
Open 2023 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
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Liabilities
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Net assets
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Revenue
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Expenses
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Net income
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Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.0$42.1$5.91$2.20$1.75$0.46
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.8$42.2$5.64$2.31$1.40$0.92
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.2$43.5$4.73$1.60$1.27$0.33
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.2$36.8$4.40$1.59$1.34$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.9$29.7$4.14$1.62$1.20$0.42
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.9$28.2$3.72$1.42$0.99$0.43
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$31.9$28.6$3.29$1.20$1.00$0.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.3$30.2$3.09$1.12$0.89$0.23
2015Detailed filing. Detailed filing data is available for this year.$30.4$27.6$2.86$1.08$0.96$0.12
2014Detailed filing. Detailed filing data is available for this year.$28.3$25.6$2.74$1.08$0.96$0.12
2013Detailed filing. Detailed filing data is available for this year.$28.5$25.9$2.61$1.06$0.90$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.1$23.7$2.46$0.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.0$22.7$2.33$1.02