Overview

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Est.

1936

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

Mission Statement

COOPERATIVE FINANCIAL INSTITUTION - CREDIT UNION PROVIDING LOANS AND SAVINGS PRODUCTS AND SERVICES TO MEMBERS.
Revenues
$177.5M
Expenses
$69.5M
Net Income:
+$108M
Assets
$1.1B
Liabilities
$915.8M
Net Assets:
+$213.4M
Operating Budget
$64M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$5K
Largest grant received
$5K
P
Patrick Spyke
Board Member
L
Leslie Rorie
Board Member
M
Melvin Coleman
Board Member

Frequently Asked Questions

What is LAFCU’s budget?
In 2024, LAFCU reported an annual operating budget of around $64 million. More detailed financial information is available to registered users.
What causes does LAFCU support?
LAFCU supports work in Financial services.
Where does LAFCU operate?
LAFCU is headquartered in Lansing, MI.
Who funded LAFCU recently?
In 2020, LAFCU received grants from MICHIGAN CREDIT UNION FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LAFCU received in 2020?
The largest grant to LAFCU in 2020 exceeds $5,000.