CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

As filed

Subsection

14

Classification

1000

Street

400 E 9 MILE RD

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 · 2022

• DURING 2022, CREDIT UNION ONE, A STATE CHARTERED CREDIT UNION LOCATED IN THE STATE OF MICHIGAN, PROVIDED FINANCIAL SERVICES TO MEBMERS WHO LIVE IN THE STATE OF MICHIGAN. CREDIT UNION ONE CONTINUED TO FULFILL ITS EXEMPT STATUS BY PROVIDING CREDIT AT FAIR AND REASONABLE RATES OF INTEREST, OFFERING COMPETITIVE SHARE DEPOSIT PRODUCTS, AND PROVIDING MEMBERS WITH THE OPPORTUNITY TO IMPROVE THE THEIR ECONOMIC CONDITION. IN 2022, THE CREDIT UNION SERVED 119,523 MEMBERS. THERE WERE 18,168 LOANS GRANTED TOTALING $572,535,595. DEPOSITS SHRUNK BY $51,279,734.

As filed on the 2022 return.

Officers and directors · 2022

As listed in Part VII of the 2022 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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

• 2022

  Revenue

  $70,267,649

  Expenses

  $59,536,329

  Contributions

  $0

  Grants paid

  $10,000

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

  $62,924,862

  Expenses

  $52,607,342

  Assets (EOY)

  $1,817,447,747

• 2020 · 990

  Revenue

  $68,185,799

  Expenses

  $60,665,251

  Assets (EOY)

  $1,659,764,690

• 2019 · 990

  Revenue

  $66,716,893

  Expenses

  $57,212,950

  Assets (EOY)

  $1,490,291,033

• 2018 · 990

  Revenue

  $59,114,786

  Expenses

  $48,315,101

  Assets (EOY)

  $1,190,826,264

• 2017 · 990

  Revenue

  $54,096,826

  Expenses

  $47,974,350

  Assets (EOY)

  $1,144,823,806

• 2016 · 990

  Revenue

  $54,769,057

  Expenses

  $51,797,880

  Assets (EOY)

  $1,089,661,350

• 2015 · 990

  Revenue

  $50,844,055

  Expenses

  $45,784,739

  Assets (EOY)

  $1,023,387,544

• 2014 · 990

  Revenue

  $46,793,924

  Expenses

  $37,927,984

  Assets (EOY)

  $850,302,557

• 2013 · 990

  Revenue

  $44,089,746

  Expenses

  $33,410,388

  Assets (EOY)

  $821,636,173

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $34,307,942

  Assets (EOY)

  $772,795,502

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

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

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.

Other IRS files