Overview

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Est.

1942

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Michigan Educational Credit Union (EIN: 38-1305916) is a nonprofit organization dedicated to providing financial services to its member owners who share a common bond. With an operating budget of $35.4 million and total revenue of $39 million for the 2024 filing year, the credit union focuses on fostering financial well-being within its community. More information about their services can be found on their website at www.michedcu.org.

Mission Statement

To provide financial services to member owners with a common bond.
Revenues
$39M
Expenses
$35.4M
Net Income:
+$3.6M
Assets
$1B
Liabilities
$931.7M
Net Assets:
+$97.4M
Operating Budget
$35.4M
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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J
Jeffrey Cusmano
Board Member
W
William Wooster
Board Member
D
Deborah Elliston
Board Member

Frequently Asked Questions

What is MICHIGAN EDUCATIONAL CREDIT UNION’s budget?
In 2024, MICHIGAN EDUCATIONAL CREDIT UNION reported an annual operating budget of around $35.4 million. More detailed financial information is available to registered users.
What causes does MICHIGAN EDUCATIONAL CREDIT UNION support?
MICHIGAN EDUCATIONAL CREDIT UNION supports work in Credit unions.
Where does MICHIGAN EDUCATIONAL CREDIT UNION operate?
MICHIGAN EDUCATIONAL CREDIT UNION is headquartered in Plymouth, MI.