CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN
Pub 78

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN
Pub 78

Midland, MI, US
501(c)
EIN
38-1489454
Regional Funder
Subordinate Organization

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN
Pub 78

Midland, MI, US
501(c)
EIN
38-1489454
Regional Funder
Subordinate Organization

Overview

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Est.

1936

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN, with an EIN of 38-1489454, operates with a mission to encourage a better tomorrow through its members first credit union services. With an operating budget of $59.5 million and total revenue of $62.2 million for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.mfcu.net.

Mission Statement

THE MISSION OF MEMBERS FIRST CREDIT UNION IS TO ENCOURAGE A BETTER TOMORROW.
Revenues

$62.2M

Expenses

$59.8M

Net Income:
+$2.4M
Assets

$850.6M

Liabilities

$784.7M

Net Assets:
+$65.9M
Operating Budget

$59.5M

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
$15K
Largest grant received
$15K
C
Carrie Iafrate
Board Member
T
Tamara McGovern
Board Member
R
Robert Cooper
Board Member

Frequently Asked Questions

What is CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN’s budget?
In 2024, CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN reported an annual operating budget of around $59.5 million. More detailed financial information is available to registered users.
What causes does CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN support?
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN supports work in Credit unions.
Where does CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN operate?
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN is headquartered in Midland, MI.
Who funded CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN recently?
In 2024, CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN received grants from MICHIGAN CREDIT UNION FOUNDATION, MICHIGAN CREDIT UNION FOUNDATION, and MICHIGAN CREDIT UNION FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN received in 2024?
The largest grant to CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN in 2024 exceeds $15 thousand.
What is CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN’s reliance on government grants?
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN relied on government grants for less than 5% of their total revenue in 2024.
Overview
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