Overview

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Est.

2012

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Community Financial Credit Union (EIN: 38-1447620) is a state-chartered, not-for-profit, full-service financial institution dedicated to serving its members and communities in Michigan for over 70 years. With an operating budget of $73.4 million and total revenue of $106.7 million, the organization focuses on providing competitively priced savings and loan products, along with outstanding service. Community Financial does not rely on a single funder for 50% or more of its revenue, ensuring a diverse financial base to support its mission in the visual arts and community development. For more information, visit www.cfcu.org.

Mission Statement

STATE CHARTERED, NOT-FOR-PROFIT, FULL-SERVICE FINANCIAL INSTITUTION OWNED AND GOVERNED BY ITS MEMBERSHIP. AT COMMUNITY FINANCIAL, WE ARE COMMITTED TO OUR MEMBERS AND OUR COMMUNITIES. FOR OVER 70 YEARS. WE'VE PROVIDED OUR MICHIGAN MEMBERS COMPETITIVELY PRICED SAVINGS AND LOAN PRODUCTS, OUTSTANDING SERVICE AND SUPPORT TO THEIR NEIGHBORS.
Revenues
$106.7M
Expenses
$106.1M
Net Income:
+$544K
Assets
$1.6B
Liabilities
$1.4B
Net Assets:
+$149.6M
Operating Budget
$73.4M
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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Total No. of Grants
1
Median grant size
$6.5K
Largest grant received
$6.5K
T
Tansley Stearns
Board Member
D
Dan Herriman
Board Member
Y
Yasir Khogali
Board Member

Frequently Asked Questions

What is COMMUNITY FINANCIAL CREDIT UNION’s budget?
In 2024, COMMUNITY FINANCIAL CREDIT UNION reported an annual operating budget of around $73.4 million. More detailed financial information is available to registered users.
What causes does COMMUNITY FINANCIAL CREDIT UNION support?
COMMUNITY FINANCIAL CREDIT UNION supports work in Visual arts.
Where does COMMUNITY FINANCIAL CREDIT UNION operate?
COMMUNITY FINANCIAL CREDIT UNION is headquartered in Plymouth, MI.
Who funded COMMUNITY FINANCIAL CREDIT UNION recently?
In 2024, COMMUNITY FINANCIAL CREDIT UNION received grants from MANISTEE COUNTY COMMUNITY FOUNDATION and NATIONAL CREDIT UNION FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant COMMUNITY FINANCIAL CREDIT UNION received in 2024?
The largest grant to COMMUNITY FINANCIAL CREDIT UNION in 2024 exceeds $6,456.