Totals
- Total revenue
- $96,964
- Total expenses
- $119,738
- Contributions and grants received
- $96,848
- Grants paid
- $119,638
- Program service revenue
- $0
- Investment income
- $116
- Other revenue
- $0
- Total assets, end of year
- $219,060
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $219,060
- Program services expenses (Part IX)
- $119,638
- Management and general expenses
- $100
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $119,638
Program services were 99.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$96,848
-
3 · Investment income
total $116 · excluded $116
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $19,638 · program services $19,638
-
2 · Grants to domestic individuals
total $100,000 · program services $100,000
-
24a · Other expenses: FUNDRAISING LICENSE
total $100 · management and general $100
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $241,834 · end of year $219,060
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $241,834 · end of year $219,060
Mission and programs · 2024
Mission
PROVIDING HIGHER LEARNING SCHOLARSHIPS FOR GRADUATING HIGH SCHOOL, CONTINUING EDUCATION, AND SKILLED TRADES TO MICHIGAN STUDENTS.
-
FIFTEEN SCHOLARSHIPS OF $5,000 AND TEN SCHOLARSHIPS OF $2,500 EACH WERE DISTRIBUTED TO GRADUATING HIGH SCHOOL, CONTINUING EDUCATION AND SKILLED TRADES STUDENTS IN THE STATE OF MICHIGAN.
Expenses $100,000 · Grants $100,000
-
TWENTY-ONE ORGANIZATIONS RECEIVED GRANTS THROUGH PAYROLL DEDUCTIONS BY TEAM MEMBERS.
Expenses $19,638 · Grants $19,638
As filed on the 2024 return.
Listed in Part VII
-
Robert BavaROBERT BAVA
PRESIDENT
- Total calculated
- $1,269,458
- From this org
- $0
- From related orgs
- $1,198,975
- Other
- $70,483
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $841,736 related
- Bonus
- $0 + $352,107 related
- Other
- $0 + $5,132 related
- Deferred
- $0 + $53,500 related
- Nontaxable benefits
- $0 + $16,983 related
- Filer's total
- $0 + $1,269,458 related
-
Daniel MunroDANIEL MUNRO
VICE PRESIDENT
- Total calculated
- $846,049
- From this org
- $0
- From related orgs
- $555,437
- Other
- $290,612
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $416,677 related
- Bonus
- $0 + $135,810 related
- Other
- $0 + $2,950 related
- Deferred
- $0 + $273,877 related
- Nontaxable benefits
- $0 + $16,735 related
- Filer's total
- $0 + $846,049 related
-
Donna SiejuttDONNA SIEJUTT
SECRETARY
- Total calculated
- $383,389
- From this org
- $0
- From related orgs
- $333,410
- Other
- $49,979
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $254,518 related
- Bonus
- $0 + $60,998 related
- Other
- $0 + $17,894 related
- Deferred
- $0 + $33,244 related
- Nontaxable benefits
- $0 + $16,735 related
- Filer's total
- $0 + $383,389 related
-
Kelli Wisner-FrankKELLI WISNER-FRANK
TREASURER
- Total calculated
- $465,176
- From this org
- $0
- From related orgs
- $408,491
- Other
- $56,685
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $320,344 related
- Bonus
- $0 + $79,447 related
- Other
- $0 + $8,700 related
- Deferred
- $0 + $39,950 related
- Nontaxable benefits
- $0 + $16,735 related
- Filer's total
- $0 + $465,176 related
-
Jennifer Lynn HurrenJENNIFER LYNN HURREN
TRUSTEE
- Total calculated
- $353,740
- From this org
- $0
- From related orgs
- $330,094
- Other
- $23,646
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $258,203 related
- Bonus
- $0 + $60,791 related
- Other
- $0 + $11,100 related
- Deferred
- $0 + $23,000 related
- Nontaxable benefits
- $0 + $646 related
- Filer's total
- $0 + $353,740 related
-
Teresa MayerTERESA MAYER
TRUSTEE
- Total calculated
- $414,531
- From this org
- $0
- From related orgs
- $407,133
- Other
- $7,398
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $314,348 related
- Bonus
- $0 + $56,650 related
- Other
- $0 + $36,135 related
- Deferred
- $0 + $6,806 related
- Nontaxable benefits
- $0 + $592 related
- Filer's total
- $0 + $414,531 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINES 4A-B
- TERESA MAYER: $266,240 THE FOLLOWING PARTICIPANTS PARTICIPATE IN A NON-QUALIFIED RETIREMENT PLAN: DANIEL MUNRO KELLI WISNER-FRANK ROBERT BAVA TERESA MAYER DONNA SIEJUTT DAN MUNRO, COO/EVP PARTICIPATES IN A 457F PLAN. THE ACCRUED BENEFIT LIABILITY AS OF DECEMBER 31, 2024 APPROXIMATED $556,000. COMMUNITY CHOICE CREDIT UNION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS TO THE CEO, ROBERT BAVA, THE CHRO, DONNA SIEJUTT, AND THE CFO, KELLI WISNER-FRANK, THROUGH AN ARRANGEMENT REFERRED TO AS A "COLLATERAL ASSIGNED SPLIT DOLLAR." AT SPECIFIED TIMES, THE PARTICIPANT MAY BORROW FUNDS FROM THE CASH SURRENDER VALUE OF THE UNDERLYING LIFE INSURANCE POLICY TO SUPPLEMENT RETIREMENT INCOME. THESE DRAWS ARE TAX FREE FOR THE PARTICIPANTS. UPON THE PARTICIPANT'S DEATH THE CREDIT UNION RECOVERS ITS PREMIUMS PLUS INTEREST, PLUS KEY-PERSON INSURANCE PROCEEDS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(14) · CREDIT UNION · MI
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543189349300504
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