Civic Intelligence

Michigan Credit Union Foundation

EIN 38-6066911 • 501(c)3 • Royal Oak, MI

Profile

To provide grants to Michigan credit unions for financial education and community reinvestment activities and to provide scholarships to michigan credit union staff for professional development opportunities.

PO Box 190Royal Oak, MI 48068

www.mcul.org/about-mcuf

Siviq Scores

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

Liabilities / Assets

29th percentile

0.01x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.02x

Higher debt load relative to revenue than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

74th percentile

21%

Higher net margin than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

92nd percentile

$243,281

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 61.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

58th percentile

6.4%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-8.3%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,366,786

Up $82,736 (+6.4%) from 2023

Liabilities

Down

$8,363

Down $1,872 (-18%) from 2023

Net Assets

Up

$1,358,423

Up $84,608 (+6.6%) from 2023

Revenue

Down

$396,924

Down $35,823 (-8.3%) from 2023

Expenses

Up

$312,316

Up $70,768 (+29%) from 2023

Net Income

Down

$84,608

Down $106,591 (-56%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $675,992Liabilities 2010: $5,799Net Assets 2010: $670,1932010Assets 2011: $639,438Liabilities 2011: $6,119Net Assets 2011: $633,3192011Assets 2012: $636,604Liabilities 2012: $6,572Net Assets 2012: $630,0322012Assets 2013: $634,516Liabilities 2013: $6,569Net Assets 2013: $627,9472013Assets 2014: $612,551Liabilities 2014: $5,069Net Assets 2014: $607,4822014Assets 2015: $616,966Liabilities 2015: $4,000Net Assets 2015: $612,9662015Assets 2016: $595,951Liabilities 2016: $4,180Net Assets 2016: $591,7712016Assets 2017: $595,411Liabilities 2017: $4,225Net Assets 2017: $591,1862017Assets 2018: $651,908Liabilities 2018: $12,228Net Assets 2018: $639,6802018Assets 2019: $686,028Liabilities 2019: $32,580Net Assets 2019: $653,4482019Assets 2020: $829,216Liabilities 2020: $5,412Net Assets 2020: $823,8042020Assets 2021: $994,961Liabilities 2021: $26,947Net Assets 2021: $968,0142021Assets 2022: $1,096,082Liabilities 2022: $13,466Net Assets 2022: $1,082,6162022Assets 2023: $1,284,050Liabilities 2023: $10,235Net Assets 2023: $1,273,8152023Assets 2024: $1,366,786Liabilities 2024: $8,363Net Assets 2024: $1,358,4232024

Highlighted filing

2024

Assets$1,366,786
Liabilities$8,363
Net Assets$1,358,423

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $92,9152010Revenue 2011: $84,805Expenses 2011: $121,679Net Income 2011: -$36,8742011Revenue 2012: $98,231Expenses 2012: $101,518Net Income 2012: -$3,2872012Revenue 2013: $117,305Expenses 2013: $119,390Net Income 2013: -$2,0852013Revenue 2014: $121,566Expenses 2014: $142,031Net Income 2014: -$20,4652014Revenue 2015: $141,904Expenses 2015: $136,420Net Income 2015: $5,4842015Revenue 2016: $148,056Expenses 2016: $169,251Net Income 2016: -$21,1952016Revenue 2017: $177,338Expenses 2017: $177,923Net Income 2017: -$5852017Revenue 2018: $235,007Expenses 2018: $186,513Net Income 2018: $48,4942018Revenue 2019: $256,230Expenses 2019: $242,462Net Income 2019: $13,7682019Revenue 2020: $611,348Expenses 2020: $440,992Net Income 2020: $170,3562020Revenue 2021: $309,432Expenses 2021: $165,222Net Income 2021: $144,2102021Revenue 2022: $347,118Expenses 2022: $232,516Net Income 2022: $114,6022022Revenue 2023: $432,747Expenses 2023: $241,548Net Income 2023: $191,1992023Revenue 2024: $396,924Expenses 2024: $312,316Net Income 2024: $84,6082024

Highlighted filing

2024

Revenue$396,924
Expenses$312,316
Net Income$84,608

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.01$1.36$0.40$0.31$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.01$1.27$0.43$0.24$0.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.01$1.08$0.35$0.23$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.03$0.97$0.31$0.17$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.01$0.82$0.61$0.44$0.17
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.69$0.03$0.65$0.26$0.24$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.01$0.64$0.24$0.19$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.00$0.59$0.18$0.18$0.00
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.00$0.59$0.15$0.17$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.00$0.61$0.14$0.14$0.01
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.01$0.61$0.12$0.14$0.02
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.63$0.01$0.63$0.12$0.12$0.00
2012Summary only. Only limited summary data is available for this year.$0.64$0.01$0.63$0.10$0.10$0.00
2011Summary only. Only limited summary data is available for this year.$0.64$0.01$0.63$0.08$0.12$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.01$0.67$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$396,924
Mission and Program Overview

Mission

To provide grants to michigan credit unions for financial education and community reinvestment activities and to provide scholarships to michigan credit union staff for professional development opportunities.

Cooperatively empowering credit unions to increase financial well-being by supporting community enrichment, financial education, and credit union development initiatives

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$692,881$844,232▲ $151,351
Investments Other Securities$500,000$500,000→ $0
Total Assets$1,284,050$1,366,786▲ $82,736
Other Assets Total$91,169$22,554▼ $68,615
Liabilities
Accounts Payable and Accrued Expenses$10,235$8,363▼ $1,872
Total Liabilities$10,235$8,363▼ $1,872
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,098,043$1,257,126▲ $159,083
Net Assets With Donor Restrictions$175,772$101,297▼ $74,475
Total Net Assets Fund Balance$1,273,815$1,358,423▲ $84,608
Total Liabilities and Net Assets / Fund Balance$1,284,050$1,366,786▲ $82,736

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$500,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Andrea TuckerExecutive DirectorPT$90,590$90,590
Beth TroostFoundation Project Manager Thru 9/24PT$37,287$37,287

Board Members and Trustees

NameTitle
Kyle GurzynskiPresident
Dave BrandtVice President
Bridget StaffilenoDirector
Debi SouthworthDirector
Deleanna AllenDirector
Jennifer MartinesDirector
Jennifer WatsonDirector
Kate HallDirector
Kieran MarionDirector
Brenda LippensDirector Until 12/2024
Chrissy SidersSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$331,855
Program Service Revenue
$0
Investment Income
$65,069
Other Revenue
$0
All Other Contributions
$302,105
Change in Net Assets
$84,608
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$201,151
Grants and Similar Amounts Paid$111,165
Total Fundraising Expense$15,343
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$111,165--$111,165
All Other Expenses$8,855$1,938-$10,793
Other Expenses$7,500$4,384$15,343$7,500
Travel$5,654$628-$6,282
Fees for Services Accounting-$5,560-$5,560
Fees for Services Other-$21-$21
Total Functional Expenses$284,442$12,531$15,343$312,316
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Metro West Chapter of Credit UnionsRoyal Oak, MI501(c)(6)Young Cu Professional Development Support$25,241
United Way of Northern New JerseyMorristown, NJ501(c)(14)Community Enrichment Grants$20,000
Elga Credit UnionGrand Blanc, MI501(c)(14)Community Enrichment Grants$15,000
Members First Credit UnionMidland, MI501(c)(14)Community Enrichment Grants$15,000
Public Service Credit UnionRomulus, MI501(c)(14)Community Enrichment Grants$10,000
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Other officer compensation reviewed
No
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 7A

Each member of the board of directors of a related nonprofit organization is a member of the foundation, but only so long as he or she shall hold office as a member of said board of directors. The foundation board members are elected by majority vote of the members.

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

The members of the foundation (the board of directors of the related nonprofit organization) elects the foundation board members. In addition, any changes to the foundation's bylaws or articles of incorporation must be approved by the members.

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

Form 990 is reviewed by the executive director of the foundation and the finance director and then filed with the irs.

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

All officers and board members are required to annually complete a conflict of interest statement. Any potential conflicts of interest that arise during the year are discussed at board meetings.

Form 990, Part VI, Section C, Line 19

The organization provides its governing documents, conflict of interest policy and financial statements upon request.

PART VI, SECTION B, LINE 15:

No compensation policy is in place since there are no compensated officers or key employees.

Filing and Contact Details

Filer

Filer Name
Michigan Credit Union Foundation
EIN
38-6066911
Phone
7347933420
Address
PO BOX 190, ROYAL OAK, MI 48068

Signing Officer

Name
Wendy Vadnais
Title
CFO
Phone
7347933403
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Tucker
Formed
1954
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Rehmann Robson LLC
Address
1500 W BIG BEAVER RD 2ND FLR, TROY, MI 48084
Preparer
Kathleen M Underhill CPA
Phone
2489525000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process for selecting and overseeing the work of the independent accountant has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The foundation has analyzed its income tax positions for 2021 through 2024, the years, which remain subject to examination by major tax jurisdictions as of december 31, 2024. The foundation concluded that there are no significant uncertain tax positions requiring recognition in the foundation's financial statements. The foundation does not expect the total amount of unrecognized tax benefits ("utb") (e.g. Tax deductions, exclusions, or credits claimed or expected to be claimed) to significantly change in the next twelve months. The foundation does not have any amounts accrued for interest and penalties related to utbs at december 31, 2024 and 2023, and it is not aware of any claims for such amounts by federal or state income tax authorities. The foundation also reports interest and penalties attributable to income taxes to the extent such amounts arise, as a component of its management and general expenses.

Raw XML AppendixShowing 400 of 544 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR UNTIL 12/2024
IRS990/Form990PartVIISectionAGrp/TitleTxt11FOUNDATION PROJECT MANAGER THRU 9/24
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IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0500000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0500000
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0COOPERATIVELY EMPOWERING CREDIT UNIONS TO INCREASE FINANCIAL WELL-BEING BY SUPPORTING COMMUNITY ENRICHMENT, FINANCIAL EDUCATION, AND CREDIT UNION DEVELOPMENT INITIATIVES
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01273815
IRS990/NetAssetsOrFundBalancesEOYAmt01358423
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01098043
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01257126
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt091169
IRS990/OtherAssetsTotalGrp/EOYAmt022554
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FINANCIAL EDUCATION AND
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/Desc2MARKETING MATERIALS
IRS990/OtherExpensesGrp/Desc3CU ASSISTANCE AND DEI P
IRS990/OtherExpensesGrp/FundraisingAmt015343
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04384
IRS990/OtherExpensesGrp/ProgramServicesAmt0101276
IRS990/OtherExpensesGrp/ProgramServicesAmt147800
IRS990/OtherExpensesGrp/ProgramServicesAmt22192
IRS990/OtherExpensesGrp/ProgramServicesAmt37500
IRS990/OtherExpensesGrp/TotalAmt0101276
IRS990/OtherExpensesGrp/TotalAmt147800
IRS990/OtherExpensesGrp/TotalAmt221919
IRS990/OtherExpensesGrp/TotalAmt37500
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANDREA TUCKER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0379720
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0208269
IRS990/PYInvestmentIncomeAmt053027
IRS990/PYOtherExpensesAmt033279
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0191199
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0241548
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0432747
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt084608
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt029750
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0692881
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0844232
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0331855
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0379720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0331224
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0308442
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0605464
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01956705
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt065069
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt053027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt015894
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0990
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05884
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0140864
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90760
IRS990ScheduleA/PublicSupportPY170Pct00.91500
IRS990ScheduleA/PublicSupportTotal170Amt01903808
IRS990ScheduleA/SubstantialContributorsTotAmt052897
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0331855
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0379720
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0331224
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0308442
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0605464
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01956705
IRS990ScheduleA/TotalSupportAmt02097569
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0500000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS ANALYZED ITS INCOME TAX POSITIONS FOR 2021 THROUGH 2024, THE YEARS, WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF DECEMBER 31, 2024. THE FOUNDATION CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE FOUNDATION DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT DECEMBER 31, 2024 AND 2023, AND IT IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES. THE FOUNDATION ALSO REPORTS INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES TO THE EXTENT SUCH AMOUNTS ARISE, AS A COMPONENT OF ITS MANAGEMENT AND GENERAL EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0500000
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt115000
IRS990ScheduleI/RecipientTable/CashGrantAmt215000
IRS990ScheduleI/RecipientTable/CashGrantAmt320000
IRS990ScheduleI/RecipientTable/CashGrantAmt425241
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(14)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(14)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(14)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(14)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(6)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0COMMUNITY ENRICHMENT GRANTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1COMMUNITY ENRICHMENT GRANTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2COMMUNITY ENRICHMENT GRANTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3COMMUNITY ENRICHMENT GRANTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4YOUNG CU PROFESSIONAL DEVELOPMENT SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PUBLIC SERVICE CREDIT UNION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ELGA CREDIT UNION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2MEMBERS FIRST CREDIT UNION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3UNITED WAY OF NORTHERN NEW JERSEY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4METRO WEST CHAPTER OF CREDIT UNIONS
IRS990ScheduleI/RecipientTable/RecipientEIN0381439781
IRS990ScheduleI/RecipientTable/RecipientEIN1381441242
IRS990ScheduleI/RecipientTable/RecipientEIN2381489454
IRS990ScheduleI/RecipientTable/RecipientEIN3221487247
IRS990ScheduleI/RecipientTable/RecipientEIN4380826778
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt07665 MERRIMAN
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt16065 GRAND POINTE BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 2165
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO BOX 1948
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4PO BOX 190
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ROMULUS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1GRAND BLANC
IRS990ScheduleI/RecipientTable/USAddress/CityNm2MIDLAND
IRS990ScheduleI/RecipientTable/USAddress/CityNm3MORRISTOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm4ROYAL OAK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048174
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd148439
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd248641
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd307927
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd448068
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTEES PROVIDE WRITTEN REPORTS TO THE FOUNDATION PERIODICALLY, AS WELL AS AT THE CONCLUSION OF THE GRANT FUNDED ACTIVITY, TO DOCUMENT HOW THE FUNDS WERE UTILIZED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt05
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0214229
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt010474
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt018578
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KIERAN MARION
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0243281
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR IS COMPENSATED BY A RELATED ORGANIZATION WITH SALARY DETERMINED BY THE RELATED ORGANIZATION'S POLICY AND REVIEW PROCEDURES.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH MEMBER OF THE BOARD OF DIRECTORS OF A RELATED NONPROFIT ORGANIZATION IS A MEMBER OF THE FOUNDATION, BUT ONLY SO LONG AS HE OR SHE SHALL HOLD OFFICE AS A MEMBER OF SAID BOARD OF DIRECTORS. THE FOUNDATION BOARD MEMBERS ARE ELECTED BY MAJORITY VOTE OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE FOUNDATION (THE BOARD OF DIRECTORS OF THE RELATED NONPROFIT ORGANIZATION) ELECTS THE FOUNDATION BOARD MEMBERS. IN ADDITION, ANY CHANGES TO THE FOUNDATION'S BYLAWS OR ARTICLES OF INCORPORATION MUST BE APPROVED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR OF THE FOUNDATION AND THE FINANCE DIRECTOR AND THEN FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OFFICERS AND BOARD MEMBERS ARE REQUIRED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST STATEMENT. ANY POTENTIAL CONFLICTS OF INTEREST THAT ARISE DURING THE YEAR ARE DISCUSSED AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST.

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