WPublic & Societal BenefitEIN: 381544138· Ruling Year: 1956

Credit Unions Chartered In The State Of Michigan

Grand Rapids, Michigan

B+Health Score
74B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 9 peers in Public & Societal Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.56×
Peer Median11.38×
💰
$13.3M
Total Revenue
📊
$10.1M
Total Expenses
🏦
$46.2M
Net Assets
📋
$207.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.2%
Year-over-year change (2022 → 2023)
Net Margin
+23.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.56
Net assets divided by total expenses
Liabilities-to-Assets
81.8%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$13,254,2868%$10,123,38410%$253,915,0687%
2022$12,249,80138%$9,180,84924%$272,614,21122%
2021$8,907,0217%$7,374,40010%$223,420,34212%
2020$8,305,2501%$6,733,8913%$198,676,27920%
2019$8,235,6743%$6,523,7992%$165,981,7691%
2018$8,002,589$6,367,381$164,915,909

Frequently Asked Questions

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

Credit Unions Chartered In The State Of Michigan is a public & societal benefit nonprofit organization based in Michigan. It is classified under NTEE code W61 and is registered as a 501(c) tax-exempt organization with the IRS.

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

Based on our 9-metric Financial Health Score model, Credit Unions Chartered In The State Of Michigan has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

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

Credit Unions Chartered In The State Of Michigan reports $14.4M in annual revenue and holds $252.3M in total assets, based on IRS filings.

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