ZUnclassifiedEIN: 381438940· Ruling Year: 1956

Credit Unions Chartered In The State Of Michigan

Alpena, Michigan

B+Health Score
70B+

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.43×
Peer Median15.40×
💰
$1.3M
Total Revenue
📊
$1.1M
Total Expenses
🏦
$2.6M
Net Assets
📋
$29.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+29.1%
Year-over-year change (2022 → 2023)
Net Margin
+21.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.43
Net assets divided by total expenses
Liabilities-to-Assets
91.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,335,56829%$1,052,70512%$31,615,9474%
2022$1,034,6032%$937,5609%$30,369,9893%
2021$1,009,4111%$861,7762%$31,445,40912%
2020$1,001,3504%$844,3811%$28,012,64215%
2019$1,043,67113%$839,12911%$24,272,7635%
2018$923,6736%$753,9038%$23,026,4811%
2017$870,1191%$820,4691%$22,688,8795%
2016$863,2471%$829,8933%$23,863,3838%
2015$873,9675%$802,8036%$22,028,9739%
2014$831,3206%$757,2753%$20,173,075
2013$880,0142%$783,1275%$20,072,7971%
2012$898,8354%$822,7685%$19,943,5674%
2011$937,335$865,881$19,120,236

Frequently Asked Questions

What does Credit Unions Chartered In The State Of Michigan do?

Credit Unions Chartered In The State Of Michigan is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Credit Unions Chartered In The State Of Michigan financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Credit Unions Chartered In The State Of Michigan.

How much revenue does Credit Unions Chartered In The State Of Michigan generate?

Credit Unions Chartered In The State Of Michigan reports $2.1M in annual revenue and holds $32.6M in total assets, based on IRS filings.

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