CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN (EIN 38-1524325)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-10-13
IRS object ID: 202312869349302256
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule I
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-10-13T14:01:19-05:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	382492570	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DOEREN MAYHEW	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	305 W BIG BEAVER ROAD	AddressLine1Txt
City	TROY	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48084	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	381524325	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TLC COMMUNITY CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	TLCC	BusinessNameControlTxt
Phone	5174239120	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3030 S ADRIAN HWY	AddressLine1Txt
City	ADRIAN	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49221	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JEFF BREHMER	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	5174239120	PhoneNum
Signature	2023-08-28	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JEFF	PersonFirstNm
Person Last	BREHMER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JACK C TRACY	PreparerPersonNm
PTIN	P01974742	PTIN
Phone	2482443000	PhoneNum
Preparation	2023-08-28	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JEFF BREHMER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3030 S ADRIAN HWY	AddressLine1Txt
City	ADRIAN	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49221	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$27,771,198	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.TLCCU.ORG	WebsiteAddressTxt
Type Of Organization Other	Yes (X)	TypeOfOrganizationOtherInd
Other Organization Dsc	CREDIT UNION	OtherOrganizationDsc
Formation	1956	FormationYr
Legal Domicile State	MI	LegalDomicileStateCd
Activity Or Mission	PROVIDE FINANCIAL SERVICES TO MEMBER OWNERS WITH A COMMON BOND.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	159	TotalEmployeeCnt
Total Volunteers	11	TotalVolunteersCnt
Total Gross UBI	$73,729	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$27,958	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$21,334,153	PYProgramServiceRevenueAmt
CY Program Service Revenue	$21,767,103	CYProgramServiceRevenueAmt
PY Investment Income	$3,806,800	PYInvestmentIncomeAmt
CY Investment Income	$5,847,334	CYInvestmentIncomeAmt
PY Other Revenue	-$8,076	PYOtherRevenueAmt
CY Other Revenue	$3,814	CYOtherRevenueAmt
PY Total Revenue	$25,132,877	PYTotalRevenueAmt
CY Total Revenue	$27,618,251	CYTotalRevenueAmt
PY Grants And Similar Paid	$131,200	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$131,203	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$8,616,240	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$9,226,458	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$9,155,634	PYOtherExpensesAmt
CY Other Expenses	$10,213,319	CYOtherExpensesAmt
PY Total Expenses	$17,903,074	PYTotalExpensesAmt
CY Total Expenses	$19,570,980	CYTotalExpensesAmt
PY Revenues Less Expenses	$7,229,803	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$8,047,271	CYRevenuesLessExpensesAmt
Total Assets BOY	$694,874,887	TotalAssetsBOYAmt
Total Assets EOY	$686,921,237	TotalAssetsEOYAmt
Total Liabilities BOY	$603,182,930	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$624,812,253	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$91,691,957	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$62,108,984	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROMOTE THE PHILOSOPHY OF PEOPLE HELPING PEOPLE. STRIVING TO BE THE PRIMARY PROVIDER OF FINANCIAL SERVICES TO OUR MEMBERS AND THEIR FAMILIES BY PROVIDING THE OPPORTUNITY TO ACHIEVE FINANCIAL SECURITY AND WELL-BEING.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	PROVIDE 54,698 MEMBERS WITH SAVINGS, SHARE DRAFTS, CLUB, MONEY MARKET, BUSINESS, INDIVIDUAL RETIREMENT, AND CERTIFICATES OF DEPOSIT ACCOUNTS TOTALING 99,864.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	PROVIDE 15,009 NEW AND USED AUTO, UNSECURED, OVERDRAFT, COMMERCIAL, REAL ESTATE, HOME EQUITY, STUDENT AND CREDIT CARD LOANS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Desc	OFFER ATM, ON-LINE BANKING, AUDIO RESPONSE, ACH, SAFE DEPOSIT BOXES, OVERDRAFT PROTECTION, CHECK CASHING, TRAVEL CARDS, MOBILE BANKING, MOBILE DEPOSIT CAPTURE AND VARIOUS INSURANCE PROGRAMS TO ALL ELIGIBLE MEMBERS.	Desc

Field	Value	IRS element (for citing)
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	15676	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	159	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	Yes (1)	LocalChaptersInd
Policies Reference Chapters	Yes (1)	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TLC COMMUNITY CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	5174239120	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3030 S ADRIAN HWY	AddressLine1Txt
City	ADRIAN	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49221	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
MARK SPOHR
CHAIRPERSON	1.00	Yes (X)	$0	$0	$0
CHRIS LANE
SECRETARY	1.00	Yes (X)	$0	$0	$0
TROY BEVIER
DIRECTOR	1.00	Yes (X)	$0	$0	$0
RICHARD EGLI
VICE CHAIRPERSON	1.00	Yes (X)	$0	$0	$0
JOE MURPHY
TREASURER	1.00	Yes (X)	$0	$0	$0
MARK BRUGGEMAN
DIRECTOR	1.00	Yes (X)	$0	$0	$0
MEREDITH FRANCIS
DIRECTOR	1.00	Yes (X)	$0	$0	$0
JEFF BREHMER
EVP-CFO	40.00		$208,611	$0	$50,005	Yes (X)
RANDALL SMITH
CEO	40.00		$384,640	$0	$70,566	Yes (X)
MICHAEL ZARNECKI
SVP-OPERATIONS	40.00		$112,926	$0	$25,392		Yes (X)
PAUL CORAZZOL
SVP IT	40.00		$148,305	$0	$42,703		Yes (X)
LORIE EASTON
SVP CONSUMER LENDING	40.00		$148,095	$0	$18,426		Yes (X)
ALYCIA NICHOLS
EVP OPERATIONS & LENDING	40.00		$145,597	$0	$42,008		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,148,174	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$249,100	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	6	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
JACK HENRY & ASSOCIATES INC
PO BOX 609	MONETT	MO	65708	COMPUTER SERVICES	$1,212,803
DOXIM INC
PO BOX 933472	CLEVELAND	OH	44193	DOCUMENT PROCESSING	$293,689
ARCA TECH INC
1151 HOLMES ROAD	MEBANE	NC	27302	BANKING MACHINES	$184,081
INSIGHT
PO BOX 731069	DALLAS	TX	75373	COMPUTER SOFTWARE AND PERIPHERALS	$137,046
ADRIAN MECHANICAL SERVICES CO
953 WEST BEECHER STREET	ADRIAN	MI	49221	HVAC, PLUMBING, MECHANICAL SERVICES & RE	$134,437

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	9	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
LOAN INTEREST INCOME	522100	$12,760,786	$12,760,786
FEE AND OTHER INCOME	522100	$8,932,588	$8,932,588
FINANCE AND INSURANCE	520000	$73,729		$73,729

Field	Value	IRS element (for citing)
Total Program Service Revenue	$21,767,103	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,830,361	TotalRevenueColumnAmt
Related Or Exempt Func Income	$5,830,361	RelatedOrExemptFuncIncomeAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$81,600	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$77,786	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$3,814	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,814	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,814	RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$92,134	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$75,161	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	$16,973	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$16,973	TotalRevenueColumnAmt
Related Or Exempt Func Income	$16,973	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$27,618,251	TotalRevenueColumnAmt
Related Or Exempt Func Income	$27,544,522	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$73,729	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$116,122	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$15,081	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$713,822	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$6,340,735	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$779,741	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$862,738	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$529,422	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$18,087	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$167,364	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,598,177	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$230,092	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,494,002	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$322,368	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$731,377	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$104,636	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$1,837,840	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$629,691	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$97,699	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
990T EXPENSE	$7,900
LOAN SERVICING	$2,607,168
MISCELLANEOUS EXPENSE	$226,235
OPERATING FEES	$89,241

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$51,442	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$19,570,980	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$8,064,532	BOYAmt
EOY	$8,786,566	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$589,667	BOYAmt
EOY	$942,993	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$477,128	BOYAmt
EOY	$967,874	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$299,157,552	BOYAmt
EOY	$342,127,128	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$425,857	BOYAmt
EOY	$361,296	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$16,679,864	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$7,569,499	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$9,152,427	BOYAmt
EOY	$9,110,365	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$336,711,423	BOYAmt
EOY	$294,253,997	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$30,072,477	BOYAmt
EOY	$3,502,117	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$10,223,824	BOYAmt
EOY	$26,868,901	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$694,874,887	BOYAmt
EOY	$686,921,237	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$2,651,979	BOYAmt
EOY	$3,048,898	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$600,530,951	BOYAmt
EOY	$621,763,355	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$603,182,930	BOYAmt
EOY	$624,812,253	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$91,691,957	BOYAmt
EOY	$62,108,984	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$91,691,957	BOYAmt
EOY	$62,108,984	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$694,874,887	BOYAmt
EOY	$686,921,237	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$8,047,271	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$37,627,409	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$2,835	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,988,282	OtherCostOrOtherBasisAmt
Book Value	$2,988,282	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,568,537	OtherCostOrOtherBasisAmt
Depreciation	$3,596,457	DepreciationAmt
Book Value	$4,972,080	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$21,804	OtherCostOrOtherBasisAmt
Depreciation	$21,804	DepreciationAmt
Book Value	$0	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,101,241	OtherCostOrOtherBasisAmt
Depreciation	$3,951,238	DepreciationAmt
Book Value	$1,150,003	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$9,110,365	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
FEDERAL AGENCY SECURITIES	$293,052,197	F
FHLB STOCK	$1,201,800	C

Field	Value	IRS element (for citing)
Total Book Value Securities	$294,253,997	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	MEMBER SHARES	Desc
Amt	$621,763,355	Amt

Field	Value	IRS element (for citing)
Total Liability	$621,763,355	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$27,696,037	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$27,696,037	RevenueSubtotalAmt
Other Revenues Not Included	-$77,786	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$77,786	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$27,618,251	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$19,648,766	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$77,786	OtherExpensesIncludedAmt
Expenses Not Reported	$77,786	ExpensesNotReportedAmt
Expenses Subtotal	$19,570,980	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$19,570,980	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	TLC COMMUNITY CREDIT UNION IS EXEMPT, BY STATUTE, FROM FEDERAL INCOME TAXES ON INCOME RELATED TO THE EXEMPT PURPOSE OF THE CREDIT UNION. THE CREDIT UNION'S OPEN AUDIT PERIOD IS FOR THE THREE YEAR PERIOD ENDED DECEMBER 31, 2022.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	RENTAL EXPENSE IS REPORTED AS A REDUCTION OF RENTAL REVENUE ON FORM 990 BUT INCLUDED IN EXPENSES IN THE AUDITED FINANCIAL STATEMENTS -77,786.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	RENTAL EXPENSE IS REPORTED AS A REDUCTION OF RENTAL REVENUE ON FORM 990 BUT INCLUDED IN EXPENSES IN THE AUDITED FINANCIAL STATEMENTS 77,786.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ADRIAN PUBLIC SCHOOLS	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	785 RIVERSIDE AVE	AddressLine1Txt
City	ADRIAN	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49221	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	382760130	RecipientEIN
IRC Section	501(C)(3)	IRCSectionDesc
Cash Grant	$25,000	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Purpose Of Grant	CHARITABLE CONTRIBUTION	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS	GrantTypeTxt
Recipient	10	RecipientCnt
Cash Grant	$10,000	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	THE CREDIT UNION CHOOSES DONATION RECIPIENTS BASED ON CERTAIN CRITERIA AND RETAINS DOCUMENTS SUPPORTING THE CREDIT UNION'S DECISIONS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
RANDALL SMITH
CEO	$383,848	$0	$0	$0	$792	$0	$38,526	$0	$32,040	$0	$455,206	$0	$0	$0
JEFF BREHMER
EVP-CFO	$208,095	$0	$0	$0	$516	$0	$26,400	$0	$23,605	$0	$258,616	$0	$0	$0
PAUL CORAZZOL
SVP IT	$147,789	$0	$0	$0	$516	$0	$19,200	$0	$23,503	$0	$191,008	$0	$0	$0
ALYCIA NICHOLS
EVP OPERATIONS & LENDING	$145,477	$0	$0	$0	$120	$0	$19,469	$0	$22,539	$0	$187,605	$0	$0	$0
LORIE EASTON
SVP CONSUMER LENDING	$145,803	$0	$0	$0	$2,292	$0	$17,715	$0	$711	$0	$166,521	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 4B	FormAndLineReferenceDesc
Explanation	THE CREDIT UNION MAINTAINS A CREDIT UNION OWNED LIFE INSURANCE PLAN FOR THE CEO, RANDALL SMITH. THE CASH SURRENDER VALUE OF THIS PLAN AS OF DECEMBER 31, 2022, WAS $1,354,460. AS THE OWNER OF THE POLICY, THE CREDIT UNION IS THE BENEFICIARY OF THE CORRESPONDING FUTURE DEATH BENEFIT. THE CREDIT UNION ALSO CONTRIBUTES TO A POST RETIREMENT BENEFIT PLAN FOR THE CEO. THE BENEFIT LIABILITY AS OF DECEMBER 31, 2022, WAS $225,897. DURING 2022, THE CREDIT UNION PURCHASED CREDIT UNION OWNED LIFE INSURANCE PLANS FOR THE BELOW-LISTED EMPLOYEES. AS THE OWNER OF THE POLICIES, THE CREDIT UNION IS THE BENEFICIARY OF THE CORRESPONDING FUTURE DEATH BENEFITS. THE CASH SURRENDER VALUE OF EACH POLICY IS ALSO PROVIDED. JEFF BREHMER - $4,081,607 ALYCIA NICHOLS - $4,076,957 PAUL CORAZZOL - $4,081,240 MICHAEL ZARNECKI - $4,077,324	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS WITH EQUAL RIGHTS OF OWNERSHIP, GOVERNANCE AND VOTING.
FORM 990, PART VI, SECTION A, LINE 7A	BOARD MEMBERS ARE ELECTED BY THE MEMBERSHIP AT THE ANNUAL MEETING OF THE MEMBERSHIP FOR 3 YEAR TERMS.
FORM 990, PART VI, SECTION A, LINE 7B	THE MEMBERSHIP OF THE CREDIT UNION MUST APPROVE MERGERS, FIELD OF MEMBERSHIP CHANGES, BY-LAW CHANGES, AND CHARTER CHANGES.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 AND SCHEDULES ARE CAREFULLY REVIEWED BY THE SENIOR VICE PRESIDENT OF FINANCE. THE CEO ALSO REVIEWS IN SUMMARY. THE FORM 990 AND SCHEDULES ARE MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICTS OF INTEREST ARE MONITORED BY A SYSTEM OF DUAL CONTROLS.
FORM 990, PART VI, SECTION B, LINE 15	THE BOARD OF DIRECTORS DETERMINES CEO COMPENSATION THROUGH THE USE OF MULTIPLE SALARY SURVEYS AND THIRD PARTY APPRAISAL AND COMPENSATION SYSTEM. THE CEO USES THE SAME RESOURCES FOR DETERMINING VP COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19	MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE LOBBIES OF THE CREDIT UNION. OTHER DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST.
FORM 990, PART IX, LINE 11G	OTHER PROFESSIONAL SERVICES 122,976. INTERNET BANKING 510,593. NETWORK ADMINISTRATION 964,608.
FORM 990, PART IX, LINE 24E	PROVISION FOR LOAN LOSSES 51,442.
FORM 990, PART XI, LINE 9:	CHANGE IN ACTUARIAL VALUE OF POST-RETIREMENT BENEFITS -2,835.
FORM 990, PART XII, LINE 2C	THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.