CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN (EIN 38-6064790)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2025-09-02
IRS object ID: 202522459349300442
Schema version: 2023v6.0
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	2025-09-02T18:54:57-05:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	994260840	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 WEST 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	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	386064790	EIN

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Business Name Control	FILE	BusinessNameControlTxt
Phone	2317233400	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 375	AddressLine1Txt
City	MANISTEE	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49660	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KYLE GURZYNSKI	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	2317233400	PhoneNum
Signature	2025-08-29	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

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

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	AUBREY CLEGG	PreparerPersonNm
PTIN	P01076395	PTIN
Phone	2482443000	PhoneNum
Preparation	2025-08-29	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Amended Return	Yes (X)	AmendedReturnInd
Principal Officer	KYLE GURZYNSKI	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1117 28TH STREET	AddressLine1Txt
City	MANISTEE	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49660	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$10,019,493	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Group Exemption	1359	GroupExemptionNum
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.FILERCU.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1951	FormationYr
Legal Domicile State	MI	LegalDomicileStateCd
Activity Or Mission	BUILDING MEMBER-OWNED, LIFE-LONG RELATIONSHIPS, ONE MEMBER AT A TIME.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	47	TotalEmployeeCnt
Total Volunteers	11	TotalVolunteersCnt
Total Gross UBI	$14,288	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$5,447,197	PYProgramServiceRevenueAmt
CY Program Service Revenue	$6,984,560	CYProgramServiceRevenueAmt
PY Investment Income	$1,751,454	PYInvestmentIncomeAmt
CY Investment Income	$2,193,830	CYInvestmentIncomeAmt
PY Other Revenue	$610,868	PYOtherRevenueAmt
CY Other Revenue	$841,103	CYOtherRevenueAmt
PY Total Revenue	$7,809,519	PYTotalRevenueAmt
CY Total Revenue	$10,019,493	CYTotalRevenueAmt
PY Grants And Similar Paid	$20,000	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$40,125	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$2,021,119	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$2,514,965	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$3,106,536	PYOtherExpensesAmt
CY Other Expenses	$5,673,502	CYOtherExpensesAmt
PY Total Expenses	$5,147,655	PYTotalExpensesAmt
CY Total Expenses	$8,228,592	CYTotalExpensesAmt
PY Revenues Less Expenses	$2,661,864	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,790,901	CYRevenuesLessExpensesAmt
Total Assets BOY	$221,697,993	TotalAssetsBOYAmt
Total Assets EOY	$232,607,925	TotalAssetsEOYAmt
Total Liabilities BOY	$204,428,462	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$213,461,800	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$17,269,531	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$19,146,125	NetAssetsOrFundBalancesEOYAmt
Mission	BUILDING MEMBER-OWNED, LIFE-LONG RELATIONSHIPS, ONE MEMBER AT A TIME.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING SAVINGS, CHECKING, CERTIFICATES, AND OTHER.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS INCLUDING REAL ESTATE, CREDIT CARD, VEHICLE, AND OTHER.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Desc	THE CREDIT UNION PROVIDES A VARIETY OF ONLINE SERVICES FOR MEMBERS TO USE IN MANAGING THEIR FINANCES INCLUDING ONLINE BANKING, BILL PAY, P2P, BUDGETING, ETC.	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	0	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	0	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	5177	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	47	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	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	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	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	0	RegularMonitoringEnfrcInd
Whistleblower Policy	0	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

Field	Value	IRS element (for citing)
Person	KACI KAMALOSKI	PersonNm
Phone	2317942508	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1117 28TH STREET	AddressLine1Txt
City	MANISTEE	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49660	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
RICHARD TETSWORTH
BOD PRESIDENT	1.00	Yes (X)	$0	$0	$0
CONSTANCE WATSON
BOD VICE PRESIDENT	1.00	Yes (X)	$0	$0	$0
BONNIE COTE
BOD SECRETARY/TREASURER	1.00	Yes (X)	$0	$0	$0
THOMAS MATERNOWSKI
DIRECTOR	1.00	Yes (X)	$0	$0	$0
JAMES SIBLEY
DIRECTOR	1.00	Yes (X)	$0	$0	$0
JEAN SOLTES
DIRECTOR	1.00	Yes (X)	$0	$0	$0
ZACHARY BIALIK
DIRECTOR	1.00	Yes (X)	$0	$0	$0
CYNTHIA WANGBICHLER
DIRECTOR	1.00	Yes (X)	$0	$0	$0
BRIAN KRUS
DIRECTOR	1.00	Yes (X)	$0	$0	$0
KYLE GURZYNSKI
CEO	40.00		$160,587	$0	$33,689	Yes (X)
KACI KAMALOSKI
CFO	40.00		$110,079	$0	$31,838	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$270,666	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$65,527	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	2	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
FIS
PO BOX 4535	CAROL STREAM	IL	60197	CARD PROCESSING	$656,880
CU ANSWERS
6000 28TH STE SE100	GRAND RAPIDS	MI	49546	CORE PROCESSOR	$497,152
THE CASE GROUP
28175 HAGGERTY ROAD	NOVI	MI	48377	NEW BRANCH BUILD	$350,889
INFORMA BUSINESS SYSTEMS
5170 HARTSHORN DR	FLUSHING	MI	48433	ATMS, DRIVE-THRU TUBES SALES & SERVICE	$164,251

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	4	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
INCOME ON MEMBER LOANS	522100	$6,172,232	$6,172,232
FEES AND CHARGES	522100	$798,040	$798,040
NON-MEMBER ATM FEE INCOME	520000	$14,288		$14,288

Field	Value	IRS element (for citing)
Total Program Service Revenue	$6,984,560	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,193,830	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,193,830	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER OPERATING INCOME	Desc
Business	522100	BusinessCd
Total Revenue Column	$841,103	TotalRevenueColumnAmt
Related Or Exempt Func Income	$841,103	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$841,103	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$10,019,493	TotalRevenueColumnAmt
Related Or Exempt Func Income	$10,005,205	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$14,288	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	$18,125	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$22,000	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$336,193	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,620,972	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$130,511	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$280,125	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$147,164	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$145,481	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$159,208	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$280,299	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$413,903	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$116,975	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$11,088	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,399,391	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$11,689	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$147,938	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
ATM FEES	$713,077
PROVISION FOR LOAN LOSS	$459,387
LOAN SERVICING EXPENSE	$324,398
VISA EXPENSES	$255,155

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$235,513	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$8,228,592	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$3,284,119	BOYAmt
EOY	$2,562,622	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$12,490,643	BOYAmt
EOY	$10,904,310	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$125,825,010	BOYAmt
EOY	$136,662,523	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$60,314	BOYAmt
EOY	$180,149	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$4,520,191	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,919,407	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$2,098,991	BOYAmt
EOY	$2,600,784	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$73,342,251	BOYAmt
EOY	$73,025,230	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$974,962	BOYAmt
EOY	$1,973,962	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$3,621,703	BOYAmt
EOY	$4,698,345	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$221,697,993	BOYAmt
EOY	$232,607,925	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,326,997	BOYAmt
EOY	$2,063,443	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$203,101,465	BOYAmt
EOY	$211,398,357	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$204,428,462	BOYAmt
EOY	$213,461,800	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	$17,269,531	BOYAmt
EOY	$19,146,125	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$17,269,531	BOYAmt
EOY	$19,146,125	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$221,697,993	BOYAmt
EOY	$232,607,925	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$1,790,901	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$808,278	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$722,585	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	$660,601	OtherCostOrOtherBasisAmt
Book Value	$660,601	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,052,554	OtherCostOrOtherBasisAmt
Depreciation	$1,287,414	DepreciationAmt
Book Value	$1,765,140	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$807,036	OtherCostOrOtherBasisAmt
Depreciation	$631,993	DepreciationAmt
Book Value	$175,043	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$2,600,784	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	MEMBER SHARES	Desc
Amt	$211,398,357	Amt

Field	Value	IRS element (for citing)
Total Liability	$211,398,357	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$10,019,493	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$10,019,493	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$10,019,493	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$8,228,592	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$8,228,592	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$8,228,592	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	THE CREDIT UNION IS EXEMPT, BY STATUTE, FROM FEDERAL TAXES ON INCOME RELATED TO THE EXEMPT PURPOSE OF THE CREDIT UNION.	ExplanationTxt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS	GrantTypeTxt
Recipient	22	RecipientCnt
Cash Grant	$22,000	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	SCHOLARSHIPS: ALL SCHOLARSHIP APPLICATIONS ARE REVIEWED BY A COMMITTEE OF 5 AND SCORED BASED ON THEIR COMMUNITY ACTIVITIES, EXTRACURRICULAR ACTIVITIES/JOBS, FUTURE PLANS, AND GOALS. APPLICANTS MUST BE ENROLLED FULL TIME IN A COLLEGE OR UNIVERSITY AND HAVE AT LEAST A 2.0 GRADE POINT AVERAGE. ALL PERSONAL INFORMATION WITHIN THE APPLICATION IS CONCEALED ENSURING AN UNBIASED SELECTION PROCESS. THE TOP RANKED APPLICANTS RECEIVE THE SCHOLARSHIP. THE CREDIT UNION CONFIRMS THAT THE RECIPIENTS ARE ENROLLED IN A COLLEGE OR UNIVERSITY AND THAT EACH RECIPIENT'S GRADE POINT AVERAGE IS SUCH THAT THEY REMAIN ELIGIBLE. THE CREDIT UNION ALSO MONITORS THE RECIPIENTS TO ENSURE THEY ARE NOT ON ANY TYPE OF ACADEMIC PROBATION BEFORE FUNDS ARE DISTRIBUTED TO THE STUDENT.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	KYLE GURZYNSKI	PersonNm
Title	CEO	TitleTxt
Base Compensation Filing Org	$155,587	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$5,000	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$12,934	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$20,755	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$194,276	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$0	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	EACH INDIVIDUAL WHO HAS AN ACCOUNT WITH THE CREDIT UNION IS A MEMBER OF THE CREDIT UNION.
FORM 990, PART VI, SECTION A, LINE 7A	AS A CREDIT UNION, WE HAVE A MEMBERSHIP THAT HAS THE AUTHORITY TO VOTE FOR THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. WE ARE REQUIRED TO HOLD AN ANNUAL MEETING, WHERE THE MEMBERSHIP CAN VOTE FOR THE BOARD OF DIRECTORS UP FOR NOMINATION.
FORM 990, PART VI, SECTION A, LINE 7B	MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR.
FORM 990, PART VI, SECTION B, LINE 11B	THE CREDIT UNION HIRES A THIRD PARTY CPA FIRM TO PREPARE FORM 990. THE CFO REVIEWS THE COMPLETED FORM 990 PRIOR TO FILING. THE ORGANIZATION DOES NOT PROVIDE A COPY OF FORM 990 TO ALL MEMBERS OF THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. HOWEVER, FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS SUBSEQUENT TO FILING.
FORM 990, PART VI, SECTION B, LINE 15	THE MICHIGAN CREDIT UNION LEAGUE SALARY SURVEY IS USED IN THE DETERMINATION OF OFFICERS' SALARIES.
FORM 990, PART VI, SECTION C, LINE 19	THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE QUARTERLY CALL REPORT, WHICH INCLUDES YEAR TO DATE FINANCIAL STATEMENTS, IS AVAILABLE FOR PUBLIC VIEWING ON NCUA.GOV. THE CREDIT UNION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC.
FORM 990, PART IX, LINE 24E	MAINTENANCE AND REPAIRS 110,599. MISCELLANEOUS 64,156. EDUCATION AND PROMOTION 59,952. NON-OPERATING EXPENSES 806.
FORM 990, PART XI, LINE 9:	CUMULATIVE EFFECT FROM CHANGE IN ACCOUNTING PRINCIPLE -722,585.
FORM 990, PART XII, LINE 2B	THE CREDIT UNION OBTAINED AN INDEPENDENT OPINION AUDIT OF THE CREDIT UNION'S FINANCIAL STATEMENTS AS OF JUNE 30, 2022.
FORM 990, PART XII, LINE 2C	THE CREDIT UNION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.
FORM 990, PART X, LINES 7 AND 31	THE INITIAL ENTRY RECORDED IN CONJUNCTION WITH THE ADOPTION AND IMPLEMENTATION OF THE CURRENT EXPECTED CREDIT LOSSES MODEL (CECL) WAS RESTATED SUBSEQUENT TO THE FILING OF THE 2023 FORM 990. AS A RESULT, THE 2023 FORM 990 WAS AMENDED TO INCLUDE THE RESTATEMENT. THE IMPACT OF THE RESTATEMENT WAS AS FOLLOWS: PART X, LINE 7 (NOTES AND LOANS RECEIVABLE, NET): REDUCTION OF $300,000 PART X, LINE 31 (RETAINED EARNINGS): REDUCTION OF $300,000 AS A RESULT OF THE CHANGES CITED ABOVE, THE FOLLOWING TOTALS AND SUBTOTALS WERE ALSO CHANGED: PART X, LINE 16 (TOTAL ASSETS): REDUCTION OF $300,000 PART X, LINE 32 (TOTAL NET ASSETS): REDUCTION OF $300,000 PART X, LINE 33 (TOTAL LIABILITIES AND NET ASSETS): REDUCTION OF $300,000
FORM 990, PART XI, LINE 9	THE INITIAL ENTRY RECORDED IN CONJUNCTION WITH THE ADOPTION AND IMPLEMENTATION OF THE CURRENT EXPECTED CREDIT LOSSES MODEL (CECL) WAS RESTATED SUBSEQUENT TO THE FILING OF THE 2023 FORM 990. AS A RESULT, THE 2023 FORM 990 WAS AMENDED TO INCLUDE THE RESTATEMENT. THE CUMULATIVE EFFECT FROM THE CHANGE IN ACCOUNTING PRINCIPLE REPORTED ON LINE 9 WAS ADJUSTED FROM ($422,585) TO ($722,585). THIS RESULTED IN THE REDUCTION OF THE TOTAL REPORTED ON LINE 10 (NET ASSETS OR FUND BALANCES AT END OF YEAR) BY $300,000.