Civic Intelligence

Michigan One Community Credit Union

EIN 38-1624824 • 501(c)14 • Ionia, MI

Profile

Provide financial services and products to members.

510 S Dexter StIonia, MI 48846

www.m1ccu.org

Siviq Scores

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

Liabilities / Assets

67th percentile

0.90x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

14.57x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Net Margin

61st percentile

15%

Higher net margin than 61% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

35th percentile

$202,991

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Asset Growth

74th percentile

5.7%

Faster asset growth than 74% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

24%

Faster revenue growth than 86% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$223,956,482

Up $12,080,908 (+5.7%) from 2023

Liabilities

Up

$202,500,442

Up $9,798,558 (+5.1%) from 2023

Net Assets

Up

$21,456,040

Up $2,282,350 (+12%) from 2023

Operations
Liabilities / Revenue44th percentileNet Margin61st percentile

Revenue

Up

$13,898,983

Up $2,653,718 (+24%) from 2023

Expenses

Up

$11,858,312

Up $1,891,080 (+19%) from 2023

Net Income

Up

$2,040,671

Up $762,638 (+60%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

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

$300M$200M$100M$0Assets 2010: $73,458,529Liabilities 2010: $67,191,526Net Assets 2010: $6,267,0032010Assets 2011: $77,744,922Liabilities 2011: $70,887,699Net Assets 2011: $6,857,2232011Assets 2012: $83,604,160Liabilities 2012: $76,187,125Net Assets 2012: $7,417,0352012Assets 2013: $86,188,712Liabilities 2013: $78,424,439Net Assets 2013: $7,764,2732013Assets 2014: $91,852,650Liabilities 2014: $83,686,850Net Assets 2014: $8,165,8002014Assets 2015: $97,287,868Liabilities 2015: $88,421,822Net Assets 2015: $8,866,0462015Assets 2016: $104,701,146Liabilities 2016: $95,231,162Net Assets 2016: $9,469,9842016Assets 2017: $111,749,494Liabilities 2017: $101,958,488Net Assets 2017: $9,791,0062017Assets 2018: $118,756,456Liabilities 2018: $107,608,847Net Assets 2018: $11,147,6092018Assets 2019: $134,226,165Liabilities 2019: $121,896,078Net Assets 2019: $12,330,0872019Assets 2020: $162,274,250Liabilities 2020: $148,272,280Net Assets 2020: $14,001,9702020Assets 2021: $185,078,724Liabilities 2021: $169,272,420Net Assets 2021: $15,806,3042021Assets 2022: $200,006,546Liabilities 2022: $181,934,724Net Assets 2022: $18,071,8222022Assets 2023: $211,875,574Liabilities 2023: $192,701,884Net Assets 2023: $19,173,6902023Assets 2024: $223,956,482Liabilities 2024: $202,500,442Net Assets 2024: $21,456,0402024

Highlighted filing

2024

Assets$223,956,482
Liabilities$202,500,442
Net Assets$21,456,040
Open 2024 Filing

Operations Trend

Revenue Growth86th percentile

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

$15M$10M$5.0M$0Expenses 2010: $3,990,5022010Expenses 2011: $3,981,2022011Revenue 2012: $4,317,027Expenses 2012: $3,743,100Net Income 2012: $573,9272012Revenue 2013: $4,163,485Expenses 2013: $3,860,570Net Income 2013: $302,9152013Revenue 2014: $4,454,689Expenses 2014: $4,307,244Net Income 2014: $147,4452014Revenue 2015: $5,013,219Expenses 2015: $4,288,039Net Income 2015: $725,1802015Revenue 2016: $5,940,052Expenses 2016: $5,056,825Net Income 2016: $883,2272016Revenue 2017: $6,310,596Expenses 2017: $5,778,821Net Income 2017: $531,7752017Revenue 2018: $7,540,525Expenses 2018: $6,224,061Net Income 2018: $1,316,4642018Revenue 2019: $8,336,794Expenses 2019: $7,159,629Net Income 2019: $1,177,1652019Revenue 2020: $8,171,302Expenses 2020: $6,800,618Net Income 2020: $1,370,6842020Revenue 2021: $8,784,579Expenses 2021: $6,624,709Net Income 2021: $2,159,8702021Revenue 2022: $9,672,809Expenses 2022: $7,454,860Net Income 2022: $2,217,9492022Revenue 2023: $11,245,265Expenses 2023: $9,967,232Net Income 2023: $1,278,0332023Revenue 2024: $13,898,983Expenses 2024: $11,858,312Net Income 2024: $2,040,6712024

Highlighted filing

2024

Revenue$13,898,983
Expenses$11,858,312
Net Income$2,040,671
Open 2024 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
$223,956,482
Liabilities
$202,500,442
Net assets
$21,456,040
Revenue
$13,898,983
Expenses
$11,858,312
Net income
$2,040,671
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$224$203$21.5$13.9$11.9$2.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$212$193$19.2$11.2$9.97$1.28
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$200$182$18.1$9.67$7.45$2.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$185$169$15.8$8.78$6.62$2.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$162$148$14.0$8.17$6.80$1.37
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$134$122$12.3$8.34$7.16$1.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$119$108$11.1$7.54$6.22$1.32
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$112$102$9.79$6.31$5.78$0.53
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$105$95.2$9.47$5.94$5.06$0.88
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$97.3$88.4$8.87$5.01$4.29$0.73
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.9$83.7$8.17$4.45$4.31$0.15
2013Detailed filing. Detailed filing data is available for this year.$86.2$78.4$7.76$4.16$3.86$0.30
2012Summary only. Only limited summary data is available for this year.$83.6$76.2$7.42$4.32$3.74$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$77.7$70.9$6.86$3.98
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.5$67.2$6.27$3.99
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 17, 2023
Return Version
2022v5.0
Gross Receipts
$9,672,809
Mission and Program Overview

Mission

Provide financial services and products to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$144,598,143$166,058,099▲ $21,459,956
Rtn Earn Endowment Incm Other Fnds$15,806,304$18,071,822▲ $2,265,518
Savings and Temporary Cash Investments$11,012,726$11,488,554▲ $475,828
Investments in Publicly Traded Securities$6,076,437$5,653,956▼ $422,481
Investments Other Securities$10,589,540$5,000,000▼ $5,589,540
Cash and Non-Interest-Bearing Accounts$3,623,000$4,151,582▲ $528,582
Land, Buildings, and Equipment, Net$4,005,428$3,878,840▼ $126,588
Accounts Receivable$703,959$708,474▲ $4,515
Prepaid Expenses and Deferred Charges$216,115$210,693▼ $5,422
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$185,078,724$200,006,546▲ $14,927,822
Other Assets Total$4,253,376$2,856,348▼ $1,397,028
Liabilities
Other Liabilities$165,518,239$179,259,672▲ $13,741,433
Accounts Payable and Accrued Expenses$3,754,181$2,675,052▼ $1,079,129
Total Liabilities$169,272,420$181,934,724▲ $12,662,304
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,806,304$18,071,822▲ $2,265,518
Total Liabilities and Net Assets / Fund Balance$185,078,724$200,006,546▲ $14,927,822

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,984,759$1,759,649$3,744,408
Land$1,552,727-$1,552,727
Other Land Buildings$95,505$602,142$697,647
Equipment$85,302$529,984$615,286
Leasehold Improvements$160,547$121,259$281,806
Compensation and Service Providers
Top Officer Pay35th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Timothy HemenwayFormer CEOFT$294,356$24,341$318,697
Hailie PattersonCEOFT$149,327$64,962$214,289
Jackie TheboCCOFT$123,098$29,980$153,078
Alisha VanHornCFOFT$98,705$15,578$114,283
Dawn KetchumAsst ExecutiveFT$105,949$7,847$113,796

Board Members and Trustees

NameTitle
Roger VandermolenChairperson
Michael WalczakVice Chair
Lon MacLachlanDirector
Mallory BowemanDirector
Rosemary ReamsDirector
Susan LehmanSecretary
Russell MisiakTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
FiservData Processing255 Fiserv Drive, Brookfield, WI 53045$972,639
The SBAM PlanEmployee Health InsurancePO BOX 88049, Chicago, IL 60680-1049$256,966
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,563,221
Investment Income
$109,588
Other Revenue
$0
Change in Net Assets
$2,217,949
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,730,261
Salaries, Compensation, and Employee Benefits$3,724,599
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,431,703
Current Officers, Directors, Trustees, and Key Employees---$878,284
Interest---$665,921
Office Expenses---$438,887
Advertising---$237,636
Occupancy---$224,233
Payroll Taxes---$218,118
Depreciation Depletion---$217,725
Other Employee Benefits---$196,494
All Other Expenses---$192,514
Information Technology---$178,367
Fees for Services Other---$98,491
Other Expenses---$64,870
Insurance---$44,730
Travel---$18,380
Total Functional Expenses$0$0$0$7,454,860
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 Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$179,259,672
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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

“Section 501c(14) Credit Union is composed of members.”

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

“Members vote on bylaw and charter changes. Members vote and elect Board at annual meeting.”

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

“Mergers are voted on by entire membership.”

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

“Management reviews tax return and forwards form 8879-EO to tax preparer. Board reviews filed tax returns at next scheduled meeting.”

Form 990, Part VI, Section B, Line 12C

“Employee loans are Management approved. Management loans are Board approved. Loans to Board members are approved by the Board minus the lendee.”

Form 990, Part VI, Section B, Line 15B

“Executive and employee salaries are Board reviewed and approved. Board of Directors are not compensated.”

Form 990, Part VI, Section C, Line 19

“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.”

Filing and Contact Details

Filer

Filer Name
Michigan One Community Credit Union
EIN
38-1624824
Phone
6165273900
Address
510 S Dexter St, Ionia, MI 48846

Signing Officer

Name
Hailie Patterson
Title
CEO
Signed
2023-04-17
Discuss with paid preparer
Yes

Organization Details

Formed
1954
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
70
Volunteers
10

Preparer

Firm
Financial Standards Group Inc
Address
6447 W HIGHWAY 146, CRESTWOOD, KY 40014
Preparer
Patrick Haughey
Phone
8005225820
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Other Comprehensive Income = $470048”

Raw XML AppendixShowing 400 of 475 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03754181
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02675052
IRS990/AccountsReceivableGrp/BOYAmt0703959
IRS990/AccountsReceivableGrp/EOYAmt0708474
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide financial services and products to members.
IRS990/AdvertisingGrp/TotalAmt0237636
IRS990/AllOtherExpensesGrp/TotalAmt0192514
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Timothy Hemenway
IRS990/BooksInCareOfDetail/PhoneNum06165273900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0510 S Dexter St
IRS990/BooksInCareOfDetail/USAddress/CityNm0Ionia
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048846
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03623000
IRS990/CashNonInterestBearingGrp/EOYAmt04151582
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0878284
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0972639
IRS990/ContractorCompensationGrp/CompensationAmt1256966
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0255 Fiserv Drive
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 88049
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Brookfield
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Chicago
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0WI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd053045
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd1606801049
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Fiserv
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1The SBAM Plan
IRS990/ContractorCompensationGrp/ServicesDesc0Data Processing
IRS990/ContractorCompensationGrp/ServicesDesc1Employee Health Insurance
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0109588
IRS990/CYOtherExpensesAmt03730261
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt09563221
IRS990/CYRevenuesLessExpensesAmt02217949
IRS990/CYSalariesCompEmpBnftPaidAmt03724599
IRS990/CYTotalExpensesAmt07454860
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09672809
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0217725
IRS990/Desc0The Credit Union provides several deposit account types to members including savings, checking, certificate and other. The total number of current members at 12/31/2022 was 19,098.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt070
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt098491
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt023549
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt126064
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt222866
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt315578
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt47847
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0Timothy Hemenway
IRS990/Form990PartVIISectionAGrp/PersonNm1Hailie Patterson
IRS990/Form990PartVIISectionAGrp/PersonNm2Jackie Thebo
IRS990/Form990PartVIISectionAGrp/PersonNm3Alisha VanHorn
IRS990/Form990PartVIISectionAGrp/PersonNm4Dawn Ketchum
IRS990/Form990PartVIISectionAGrp/PersonNm5Lon MacLachlan
IRS990/Form990PartVIISectionAGrp/PersonNm6Rosemary Reams
IRS990/Form990PartVIISectionAGrp/PersonNm7Susan Lehman
IRS990/Form990PartVIISectionAGrp/PersonNm8Russell Misiak
IRS990/Form990PartVIISectionAGrp/PersonNm9Roger Vandermolen
IRS990/Form990PartVIISectionAGrp/PersonNm10Michael Walczak
IRS990/Form990PartVIISectionAGrp/PersonNm11Mallory Boweman
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0295148
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1188225
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2130212
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt398705
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4105949
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0Former CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2CCO
IRS990/Form990PartVIISectionAGrp/TitleTxt3CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt4Asst Executive
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt9Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
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IRS990/Form990TFiledInd0true
IRS990/FormationYr01954
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt09672809
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IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0178367
IRS990/InsuranceGrp/TotalAmt044730
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt0665921
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0109588
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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt010589540
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05000000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06076437
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05653956
IRS990/IRPDocumentCnt01847
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03013034
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04005428
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03878840
IRS990/LandBldgEquipCostOrOtherBssAmt06891874
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide financial services and products to members.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt015806304
IRS990/NetAssetsOrFundBalancesEOYAmt018071822
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-422479
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0224233
IRS990/OfficeExpensesGrp/TotalAmt0438887
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04253376
IRS990/OtherAssetsTotalGrp/EOYAmt02856348
IRS990/OtherChangesInNetAssetsAmt0470048
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0196494
IRS990/OtherExpensesGrp/Desc0ATM, Debit, and Card Expense
IRS990/OtherExpensesGrp/Desc1Loan Servicing Expense
IRS990/OtherExpensesGrp/Desc2Loan and Overdraft Provision
IRS990/OtherExpensesGrp/Desc3Training
IRS990/OtherExpensesGrp/TotalAmt0945206
IRS990/OtherExpensesGrp/TotalAmt1312456
IRS990/OtherExpensesGrp/TotalAmt290845
IRS990/OtherExpensesGrp/TotalAmt364870
IRS990/OtherLiabilitiesGrp/BOYAmt0165518239
IRS990/OtherLiabilitiesGrp/EOYAmt0179259672
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt02431703
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0144598143
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0166058099
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0218118
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0216115
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0210693
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522220
IRS990/ProgramServiceRevenueGrp/BusinessCd4522100
IRS990/ProgramServiceRevenueGrp/Desc0Debit Card Income
IRS990/ProgramServiceRevenueGrp/Desc1Fees and Other Charges
IRS990/ProgramServiceRevenueGrp/Desc2Interest on Loans
IRS990/ProgramServiceRevenueGrp/Desc3Other Operating Income
IRS990/ProgramServiceRevenueGrp/Desc4VISA Interchange Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01260671
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12732870
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25343651
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt351393
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4101270
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01260671
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12732870
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25343651
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt351393
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4101270
IRS990/ProgSrvcAccomActy2Grp/Desc0the Credit Union provides a variety of loan types to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2022 was 9,972.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0148438
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03133059
IRS990/PYProgramServiceRevenueAmt08636141
IRS990/PYRevenuesLessExpensesAmt02159870
IRS990/PYSalariesCompEmpBnftPaidAmt03491650
IRS990/PYTotalExpensesAmt06624709
IRS990/PYTotalRevenueAmt08784579
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02217949
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt015806304
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt018071822
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011012726
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011488554
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01984759
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01759649
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03744408
IRS990ScheduleD/EquipmentGrp/BookValueAmt085302
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0529984
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0615286
IRS990ScheduleD/LandGrp/BookValueAmt01552727
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01552727
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0160547
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0121259
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0281806
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt095505
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0602142
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0697647
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0179259672
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03878840
IRS990ScheduleD/TotalLiabilityAmt0179259672
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0149327
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1123098
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2294356
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount016835
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount16835
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt011946
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt17848
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt223549
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt014118
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt115018
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt022063
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt1279
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt2792
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Hailie Patterson
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Jackie Thebo
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Timothy Hemenway
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CCO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Former CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0214289
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1153078
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2318697
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Section 501c(14) Credit Union is composed of members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members vote on bylaw and charter changes. Members vote and elect Board at annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mergers are voted on by entire membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Management reviews tax return and forwards form 8879-EO to tax preparer. Board reviews filed tax returns at next scheduled meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Employee loans are Management approved. Management loans are Board approved. Loans to Board members are approved by the Board minus the lendee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Executive and employee salaries are Board reviewed and approved. Board of Directors are not compensated.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Credit 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/SupplementalInformationDetail/ExplanationTxt7Other Comprehensive Income = $470048
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XI, Line 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

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