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CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN
Pub 78
Sign up to claim this org
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN
Pub 78
Midland, MI, US
•
501(c)
•
EIN
38-1489454
•
WWW.MFCU.NET
•
Regional Funder
•
Subordinate Organization
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN
Pub 78
Sign up to claim this org
Midland, MI, US
•
501(c)
•
EIN
38-1489454
•
WWW.MFCU.NET
•
Regional Funder
•
Subordinate Organization
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Balance Sheet
Fiscal Year Start:
Jan 1
Assets in
2024
(Year End)
$850,578,095
Receivables (Non-Related)
74%
Investments
18%
Cash & Equivalents
4%
Property, Plant, & Equipment (net)
2%
Other Assets
2%
Prepaid Expenses
<1%
Related-Party Receivables
<1%
Inventories
0%
Liabilities in
2024
(Year End)
$784,694,457
Other Liabilities
92%
Notes Payable / Debt (Non-Related)
7%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$32,525,471
$34,109,105
+5%
Receivables (Non-Related)
$602,795,856
$627,479,658
+4%
Related-Party Receivables
$2,750,000
$3,336,905
+21%
Inventories
-
-
-
Prepaid Expenses
$4,935,583
$5,330,149
+8%
Investments
$157,250,041
$149,615,713
-5%
Property, Plant, & Equipment (net)
$14,530,625
$15,603,047
+7%
Other Assets
$12,910,287
$15,103,518
+17%
Total Assets
$827,697,863
$850,578,095
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$10,994,709
$7,346,747
-33%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$68,000,000
$57,500,000
-15%
Related-Party Payables
-
-
-
Other Liabilities
$687,002,946
$719,847,710
+5%
Total Liabilities
$765,997,655
$784,694,457
+2%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$61,700,208
+$65,883,638
+7%
Balance Sheet