Overview

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Est.

1968

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Preferred Credit Union, a nonprofit organization with EIN 38-1878763, is dedicated to providing financial services and products to its members. With an operating budget of $15.7 million and total revenue of $18.5 million for the filing year 2024, it plays a significant role in the credit union sector. More information about their services can be found on their website at https://preferredcu.org/.

Mission Statement

PROVIDE FINANCIAL SERVICES AND PRODUCTS TO MEMBERS.
Revenues
$18.5M
Expenses
$15.7M
Net Income:
+$2.8M
Assets
$289.4M
Liabilities
$255.1M
Net Assets:
+$34.3M
Operating Budget
$15.7M
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
John Yeomans
Board Member
B
Bev Vander Well
Board Member
C
Christine Pratt
Board Member

Frequently Asked Questions

What is Preferred Credit Union’s budget?
In 2024, Preferred Credit Union reported an annual operating budget of around $15.7 million. More detailed financial information is available to registered users.
What causes does Preferred Credit Union support?
Preferred Credit Union supports work in Credit unions.
Where does Preferred Credit Union operate?
Preferred Credit Union is headquartered in GRAND RAPIDS, MI.