- Revenue 2024
- $146,404,003
- Expenses 2024
- $135,151,985
As filed
- Subsection
- 14
- Classification
- 1000
- Street
- 4605 S OLD US HIGHWAY 23
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Group exemption
A subordinate covered by the group exemption of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN (EIN 38-6092097). matched by us
The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.
Mission and programs · 2024
Mission
MEMBERS WILL UNDERSTAND AND EXPERIENCE THE BENEFITS OF A CREDIT UNION RELATIONSHIP AT A COST JUSTIFIED BY THE RESULTS. MEMBERS HAVE THE CAPABILITY TO EXERCISE CONTROL OVER THEIR FINANCIAL LIVES WHILE SHARING IN THE SUCCESS OF THE ORGANIZATION. (CONT'D ON SCH. O)MEMBERS EXPERIENCE REWARDS OF A MUTUALLY BENEFICIAL RELATIONSHIP BASED ON ADVOCACY AND TRUST RESULTING IN TRUST AND LOYALTY. MEMBERS VALUE THE LINK BETWEEN THEIR BENEFITS AND THEIR OWNERSHIP.
Activities or mission (Part I)
MEMBERS WILL UNDERSTAND AND EXPERIENCE THE BENEFITS OF A CREDIT UNION (CONT'D ON SCH. O) RELATIONSHIP AT A COST JUSTIFIED BY THE RESULTS. MEMBERS HAVE THE CAPABILITY TO EXERCISE CONTROL OVER THEIR FINANCIAL LIVES WHILE SHARING IN THE SUCCESS OF THE ORGANIZATION. MEMBERS EXPERIENCE REWARDS OF A MUTUALLY BENEFICIAL RELATIONSHIP BASED ON ADVOCACY AND TRUST RESULTING IN TRUST AND LOYALTY. MEMBERS VALUE THE LINK BETWEEN THEIR BENEFITS AND THEIR OWNERSHIP.
-
PROMOTED THRIFT TO 180,188 MEMBERS BY OFFERING LOANS, DEPOSITS, AND OTHER FINANCIAL PRODUCTS.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Aaron SeybertAARON SEYBERT
DIRECTOR
- Total calculated
- $11,633
- From this org
- $11,633
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Kathryn RusakKATHRYN RUSAK
SECRETARY
- Total calculated
- $11,193
- From this org
- $11,193
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Jamie SchrinerJAMIE SCHRINER
DIRECTOR
- Total calculated
- $7,464
- From this org
- $7,464
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Shane LovelletteSHANE LOVELLETTE
DIRECTOR
- Total calculated
- $5,333
- From this org
- $5,333
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Monica MartinezMONICA MARTINEZ
DIRECTOR
- Total calculated
- $3,980
- From this org
- $3,980
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Philip SanterPHILIP SANTER
DIRECTOR
- Total calculated
- $3,810
- From this org
- $3,810
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Dennis TochmanDENNIS TOCHMAN
DIRECTOR
- Total calculated
- $1,890
- From this org
- $1,890
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
James BarnesJAMES BARNES
DIRECTOR
- Total calculated
- $1,596
- From this org
- $1,596
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Michael SoloMICHAEL SOLO
CHAIRPERSON
- Total calculated
- $1,115
- From this org
- $1,115
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Rick LaberRICK LABER
DIRECTOR
- Total calculated
- $675
- From this org
- $675
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Ray SeidlRAY SEIDL
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Julie Bonner-HeineJULIE BONNER-HEINE
VICE CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 4
-
David SnodgrassDAVID SNODGRASS
CEO AND PRESIDENT
- Total calculated
- $1,392,234
- From this org
- $1,002,892
- From related orgs
- $0
- Other
- $389,342
- Hours/week
- 40 + 0.5 related
Schedule J breakdown matched by us
- Base
- $799,592
- Bonus
- $177,000
- Other
- $26,300
- Deferred
- $365,353
- Nontaxable benefits
- $23,989
- Filer's total
- $1,392,234
-
Kara StueweKARA STUEWE
EVP CHIEF FINANCIAL OFFICER
- Total calculated
- $355,613
- From this org
- $316,280
- From related orgs
- $0
- Other
- $39,333
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $275,829
- Bonus
- $25,851
- Other
- $14,600
- Deferred
- $14,615
- Nontaxable benefits
- $24,718
- Filer's total
- $355,613
-
Omari BooneOMARI BOONE
EVP GENERAL COUNSEL CRO
- Total calculated
- $306,925
- From this org
- $266,569
- From related orgs
- $0
- Other
- $40,356
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $255,963
- Bonus
- $10,006
- Other
- $600
- Deferred
- $13,888
- Nontaxable benefits
- $26,468
- Filer's total
- $306,925
-
Razi QadriRAZI QADRI
EVP CHIEF INFO & OPS OFFICER
- Total calculated
- $323,267
- From this org
- $286,522
- From related orgs
- $0
- Other
- $36,745
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $280,643
- Bonus
- $4,604
- Other
- $1,275
- Deferred
- $14,701
- Nontaxable benefits
- $22,044
- Filer's total
- $323,267
-
Krassimir KassbovKRASSIMIR KASSBOV
EVP CHIEF STRATEGY OFFICER
- Total calculated
- $317,187
- From this org
- $296,649
- From related orgs
- $0
- Other
- $20,538
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $247,810
- Bonus
- $0
- Other
- $48,839
- Deferred
- $10,625
- Nontaxable benefits
- $9,913
- Filer's total
- $317,187
-
Theresa DubielTHERESA DUBIEL
EVP CHIEF MEMBER EXPERIENCE OFFICER
- Total calculated
- $293,204
- From this org
- $271,158
- From related orgs
- $0
- Other
- $22,046
- Hours/week
- 40 + 0.5 related
Schedule J breakdown matched by us
- Base
- $250,599
- Bonus
- $16,359
- Other
- $4,200
- Deferred
- $13,105
- Nontaxable benefits
- $8,941
- Filer's total
- $293,204
-
David MorganDAVID MORGAN
EVP CHIEF LENDING OFFICER
- Total calculated
- $286,000
- From this org
- $250,325
- From related orgs
- $0
- Other
- $35,675
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $247,660
- Bonus
- $1,765
- Other
- $900
- Deferred
- $12,930
- Nontaxable benefits
- $22,745
- Filer's total
- $286,000
-
Brandalynn Winchester-MiddlebrookBRANDALYNN WINCHESTER-MIDDLEBROOK
EVP CHIEF PEOPLE & PURPOSE OFFICER
- Total calculated
- $274,360
- From this org
- $252,042
- From related orgs
- $0
- Other
- $22,318
- Hours/week
- 40 + 4 related
Schedule J breakdown matched by us
- Base
- $227,132
- Bonus
- $24,010
- Other
- $900
- Deferred
- $12,045
- Nontaxable benefits
- $10,273
- Filer's total
- $274,360
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $146,404,003
- Expenses
- $135,151,985
- Contributions
- $1,894,661
- Grants paid
- $348,848
-
2023
- Revenue
- $121,931,528
- Expenses
- $111,804,935
- Contributions
- $1,154,622
- Grants paid
- $255,748
-
2022
- Revenue
- $102,003,770
- Expenses
- $89,545,899
- Contributions
- $625,000
- Grants paid
- $372,684
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $98,643,521
- Expenses
- $80,818,201
- Assets (EOY)
- $2,506,983,660
-
2020 · 990
- Revenue
- $96,956,061
- Expenses
- $86,955,594
- Assets (EOY)
- $2,241,849,498
-
2019 · 990
- Revenue
- $95,733,174
- Expenses
- $86,386,332
- Assets (EOY)
- $1,917,932,508
-
2018 · 990
- Revenue
- $89,909,737
- Expenses
- $79,005,224
- Assets (EOY)
- $1,860,352,431
-
2017 · 990
- Revenue
- $82,079,013
- Expenses
- $73,381,377
- Assets (EOY)
- $1,817,258,784
-
2016 · 990
- Revenue
- $78,981,048
- Expenses
- $73,986,685
- Assets (EOY)
- $1,775,026,639
-
2015 · 990
- Revenue
- $76,304,043
- Expenses
- $71,103,235
- Assets (EOY)
- $1,680,739,543
-
2014 · 990
- Revenue
- $78,507,378
- Expenses
- $69,624,734
- Assets (EOY)
- $1,589,835,396
-
2013 · 990
- Revenue
- $81,572,071
- Expenses
- $72,204,231
- Assets (EOY)
- $1,587,017,315
-
2012 · 990
- Revenue
- not reported
- Expenses
- $77,716,068
- Assets (EOY)
- $1,562,253,286
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
LAKE TRUST CREDIT UNION FOUNDATION
$114,173
2022 COMMUNITY ASSISTANCE LAKE TRUST EMPLOYEE ASSISTANCE
-
LAKE TRUST CREDIT UNION FOUNDATION
$100,000
2024 LAKE TRUST FOUNDATION ANNUAL DONATION
-
2023 COMMUNITY ASSISTANCE LAKE TRUST EMPLOYEE ASSISTANCE
-
DOWNTOWN LANSING INC
$42,175
2024 BIG RED BALL VITALITY, MIDDLE VILLAGE ANNUAL, & MACOTTA CLUB ACCELERATOR PROGRAM SPONSORSHIPS
-
WEINERS LTD
$41,844
2022 POWERED BY GOOD DAY HYGIENE KITS
-
$25,000
2022 LIVINGSTON COUNTY CAPITAL CAMPAIGN
-
$24,167
2022 SPONSORSHIP OF VARIOUS DOWNTOWN LANSING PROGRAMS & EVENTS
-
$20,000
2023 MISSION PARTNER
-
$18,073
2023 DONATION TO SPARTAN STRONG FUND
-
2024 SPONSORSHIPS: BRIGHTON STREET FAIR, LIVINGSTON CTY CHMBR CHAMPION SPONSOR
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
LAKE TRUST CREDIT UNION FOUNDATION
501(C)(3) · ECONOMIC AND COMMUNITY ENHANCEMENT THROUGH EDUCATION AND ENGAGEMENT · MI
Declared as related by
-
LAKE TRUST CREDIT UNION FOUNDATION
On its 2024 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
MEMBERS FINANCIAL SERVICES LLC
INSURANCE AND FINANCIAL SERVICES · MI · income $10,298 · assets $231,878
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.