CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN (EIN 38-1447620)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202523219349316082
- Schema version
- 2024v5.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T14:49:28-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 109 N MAIN STREET SUITE 200 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55912 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 381447620 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMMUNITY FINANCIAL CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COMM | BusinessNameControlTxt |
| Phone | 7344531200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 S HARVEY ST | AddressLine1Txt |
| City | PLYMOUTH | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 481708050 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SCOTT CAMERON | PersonNm |
| Person Title | EVP/CFO | PersonTitleTxt |
| Phone | 7344531200 | PhoneNum |
| Signature | 2025-11-17 | 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 | TANYA MEDGAARDEN | PreparerPersonNm |
| PTIN | P01717240 | PTIN |
| Phone | 5074347000 | PhoneNum |
| Preparation | 2025-11-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TANSLEY STEARNS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 S HARVEY ST | AddressLine1Txt |
| City | PLYMOUTH | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 481708050 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $131,929,805 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.CFCU.ORG | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | CU | OtherOrganizationDsc |
| Formation | 2012 | FormationYr |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Activity Or Mission | STATE CHARTERED, NOT-FOR-PROFIT, FULL-SERVICE FINANCIAL INSTITUTION OWNED AND GOVERNED BY ITS MEMBERSHIP. AT COMMUNITY FINANCIAL, WE ARE COMMITTED TO OUR MEMBERS AND OUR COMMUNITIES. FOR OVER 70 YEARS. WE'VE PROVIDED OUR MICHIGAN MEMBERS COMPETITIVELY PRICED SAVINGS AND LOAN PRODUCTS, OUTSTANDING SERVICE AND SUPPORT TO THEIR NEIGHBORS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 431 | TotalEmployeeCnt |
| Total Volunteers | 15 | TotalVolunteersCnt |
| Total Gross UBI | $76,044 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $93,855,386 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $102,292,638 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,626,020 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,379,427 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,502,382 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $99,983,788 | PYTotalRevenueAmt |
| CY Total Revenue | $106,672,065 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $973,333 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $811,740 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $31,872,170 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $37,327,847 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $34,244,665 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $57,712,429 | PYOtherExpensesAmt |
| CY Other Expenses | $39,199,522 | CYOtherExpensesAmt |
| PY Total Expenses | $96,013,609 | PYTotalExpensesAmt |
| CY Total Expenses | $106,128,097 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,970,179 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $543,968 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,594,945,276 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,579,342,761 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,445,878,056 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,429,747,897 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $149,067,220 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $149,594,864 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | COMMUNITY FINANCIAL CREDIT UNION IS A STATE CHARTERED, NOT-FOR-PROFIT, FULL-SERVICE FINANCIAL INSTITUTION OWNED AND GOVERNED BY ITS MEMBERSHIP. AT COMMUNITY FINANCIAL, WE ARE COMMITTED TO OUR MEMBERS AND OUR COMMUNITIES,FOR OVER 70 YEARS. WE'VE PROVIDED OUR MICHIGAN MEMBERS COMPETITIVELY PRICED SAVINGS AND LOAN PRODUCTS, OUTSTANDING SERVICE AND SUPPORT TO THEIR NEIGHBORS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | PROMOTE THRIFT TO 83,996 MEMBERS BY OFFERING COMPETITIVELY-PRICED SAVINGS & LOANS PRODUCTS AS WELL AS OTHER FINANCIAL PRODUCTS. | Desc |
| 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 | Yes (1) | 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 | 0 | 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 | 0 | 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 | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 35077 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 431 | 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 |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| 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 | 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 | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | 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 | SCOTT CAMERON | PersonNm |
| Phone | 7345828876 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8050 | AddressLine1Txt |
| City | PLYMOUTH | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 481708050 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| TERI KUEHN | |||||||
| BOARD CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAN HERRIMAN | |||||||
| VICE-CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| HEIDI MUSSER | |||||||
| VICE-CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| YASIR KHOGALI | |||||||
| TREASURER & SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| PAUL BEDICH | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DENNIS LAVOY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NED STAEBLER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHNNIE TURNAGE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANGELA PEAT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TANSLEY STEARNS | |||||||
| PRESIDENT/CEO | 40.00 | Yes (X) | $583,005 | $0 | $38,880 | ||
| ELRY ARMAZA | |||||||
| CHIEF OF STAFF | 40.00 | Yes (X) | $297,567 | $0 | $3,786 | ||
| ART BEARD | |||||||
| CHIEF IT OFFICER | 40.00 | Yes (X) | $354,288 | $0 | $63,888 | ||
| SCOTT CAMERON | |||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $337,912 | $0 | $34,826 | ||
| DANIELLE FRAWLEY | |||||||
| CHIEF GROWTH OFFICER | 40.00 | Yes (X) | $340,300 | $0 | $17,788 | ||
| JILL JOHNSON | |||||||
| CHIEF REVENUE AND LENDING (THRU 05.31.24) | 40.00 | Yes (X) | $473,109 | $0 | $49,651 | ||
| CATHY MEYERS | |||||||
| CHIEF PEOPLE OFFICER | 40.00 | Yes (X) | $325,377 | $0 | $89,094 | ||
| DANIELLE MILNER | |||||||
| CHIEF EXPERIENCE OFFICER | 40.00 | Yes (X) | $295,863 | $0 | $36,768 | ||
| CHRIS CURRY | |||||||
| SVP OPERATIONS AND RISK | 40.00 | $304,837 | $0 | $68,462 | Yes (X) | ||
| MIKE ERFOURTH | |||||||
| VP BUSINESS EXPERIENCE | 40.00 | $200,650 | $0 | $16,531 | Yes (X) | ||
| TOM VARGO | |||||||
| AVP CORE OPERATIONS | 40.00 | $194,378 | $0 | $33,899 | Yes (X) | ||
| JAMES POTTER | |||||||
| INVESTMENT REPRESENTATIVE | 40.00 | $199,606 | $0 | $15,398 | Yes (X) | ||
| LISA MULLEN | |||||||
| SENIOR GENERAL COUNSEL | 40.00 | $179,333 | $0 | $29,434 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,086,225 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $498,405 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 56 | 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 |
|---|---|---|---|---|---|
| LEVEL5 LLC | |||||
| 2018 POWER FERRY RD SE | ATLANTA | GA | 30339 | CONSTRUCTION SERVICES | $7,159,632 |
| PSCU | |||||
| PO BOX 749439 | ATLANTA | GA | 303749439 | CARD PROCESSOR | $4,023,274 |
| MASTERCARD | |||||
| 2200 MASTERCARD BLVD | OFALLON | MO | 633687263 | CARD PROCESSOR | $1,481,165 |
| CO-OP FINANCIAL | |||||
| 560 CARILLON PARKWAY | ST PETERSBURG | FL | 33716 | CARD PROCESSOR | $1,381,018 |
| LUMIN DIGITAL | |||||
| 3001 BISHOP DR STE 110 | SAN RAMON | CA | 94583 | DIGITAL BANKING | $1,017,772 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 64 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| MEMBER LOAN INCOME | 522100 | $84,860,404 | $84,860,404 | |
| INTERCHANGE INCOME | 522100 | $11,969,311 | $11,969,311 | |
| FEE INCOME | 522100 | $5,462,923 | $5,386,879 | $76,044 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $102,292,638 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,884,119 | TotalRevenueColumnAmt |
| Exclusion | $3,884,119 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $25,753,048 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $25,257,740 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $495,308 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $495,308 | TotalRevenueColumnAmt |
| Exclusion | $495,308 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $106,672,065 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $102,216,594 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $76,044 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,379,427 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $811,740 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,872,170 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,342,102 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,134,861 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,097,752 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,598,128 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,071,822 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $392,075 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,917 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,969,265 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,240,936 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,953,183 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,572,941 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $812,123 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,629,768 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,198,285 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,374 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PROVISION FOR CREDIT LO | $6,811,859 |
| LOAN SERVICING | $895,145 |
| MISCELLANEOUS EXPENSES | $235,424 |
| OPERATING FEES | $185,227 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,128,097 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,709,724 | BOYAmt |
| EOY | $9,649,478 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $78,048,787 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,268,571 | BOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,471,641,195 | BOYAmt |
| EOY | $1,374,461,115 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $3,699,009 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $58,555,001 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $21,595,443 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,669,627 | BOYAmt |
| EOY | $36,959,558 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,812,222 | BOYAmt |
| EOY | $19,869,919 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $15,373,495 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,843,937 | BOYAmt |
| EOY | $41,281,400 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,594,945,276 | BOYAmt |
| EOY | $1,579,342,761 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,666,113 | BOYAmt |
| EOY | $4,088,707 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,596,931 | BOYAmt |
| EOY | $4,713,564 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,423,615,012 | BOYAmt |
| EOY | $1,420,945,626 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,445,878,056 | BOYAmt |
| EOY | $1,429,747,897 | 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 | $149,067,220 | BOYAmt |
| EOY | $149,594,864 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,067,220 | BOYAmt |
| EOY | $149,594,864 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,594,945,276 | BOYAmt |
| EOY | $1,579,342,761 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $543,968 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$16,324 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,391,929 | OtherCostOrOtherBasisAmt |
| Book Value | $14,391,929 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,898,323 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,602,261 | DepreciationAmt |
| Book Value | $11,296,062 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,562,667 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,993,182 | DepreciationAmt |
| Book Value | $2,569,485 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,702,082 | OtherCostOrOtherBasisAmt |
| Book Value | $8,702,082 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $36,959,558 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| MEMBER DEPOSITS | $1,312,537,398 |
| BORROWINGS | $56,134,228 |
| NONMEMBER DEPOSITS | $52,274,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,420,945,626 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE ORGANIZATION MAINTAINS MEMBERS SHARES ESCORWS AND FHLBI AND FNMA INVESTOR ESCROWS |
| PART X, LINE 2: | THE CREDIT UNION IS EXEMPT, UNDER IRC 501(C)(14), FROM MOST FEDERAL AND STATE INCOME TAXES. THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR ACTIVITIES IT HAS DEEMED TAXABLE AS UNRELATED BUSINESS INCOME. THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2024. THE CREDIT UNION'S 2021 THROUGH 2023 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (12 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| NORTHVILLE EDUCATION FOUNDATION | ||||||||
| 405 W MAIN STREET | NORTHVILLE | MI | 48167 | 383503644 | 501(C)3 | $5,500 | $0 | GENERAL SUPPORT |
| A STRONGER FINANCIAL MICHIGAN | ||||||||
| PO BOX 8054 | PLYMOUTH | MI | 48170 | 203928822 | 501(C)6 | $10,000 | $0 | GENERAL SUPPORT |
| ELK COUNTRY ANIMAL SHELTER | ||||||||
| PO BOX 434 | ATLANTA | MI | 49709 | 421555163 | 501(C)3 | $10,000 | $0 | GENERAL SUPPORT |
| LIFE REMODELED | ||||||||
| 2470 COLLINGWOOD ST | DETROIT | MI | 48206 | 275020487 | 501(C)3 | $10,000 | $0 | GENERAL SUPPORT |
| CRISIS TEXT LINE | ||||||||
| PO BOX 1207 | NEW YORK | NY | 10113 | 465039599 | 501(C)3 | $12,500 | $0 | GENERAL SUPPORT |
| MICHIGAN CREDIT UNION FOUNDATION | ||||||||
| PO BOX 8054 | PLYMOUTH | MI | 48170 | 386066911 | 501(C)3 | $15,000 | $0 | GENERAL SUPPORT |
| DETROIT CRISTO REY | ||||||||
| 5679 W VERNOR HWY | DETROIT | MI | 49709 | 262994633 | 501(C)3 | $18,600 | $0 | GENERAL SUPPORT |
| TECHTOWN DETROIT | ||||||||
| 440 BURROUGHS STE 100 | DETROIT | MI | 48202 | 412061387 | 501(C)3 | $25,000 | $0 | GENERAL SUPPORT |
| FIRST STEP | ||||||||
| 44567 PINETREE DRIVE | PLYMOUTH | MI | 48170 | 382208980 | 501(C)3 | $25,500 | $0 | GENERAL SUPPORT |
| CANTON COMMUNITY FOUNDATION | ||||||||
| 50430 SCHOOL HOUSE ROAD SUITE 200 | CANTON | MI | 48187 | 382898615 | 501(C)3 | $45,116 | $0 | MEMBER SCHOLARSHIPS |
| CHILDREN'S MIRACLE NETWORK | ||||||||
| 204 W 700 S | SALT LAKE CITY | UT | 841012715 | 870387205 | 501(C)3 | $75,000 | $0 | GENERAL SUPPORT |
| RELENTLESS CARE FOUNDATION | ||||||||
| 500 S HARVEY ST | PLYMOUTH | MI | 48170 | 932610244 | 501(C)3 | $419,810 | $0 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 11 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | COMMUNITY FINANCIAL CREDIT UNION WILL MAKE THE SCHOLARSHIP PAYMENTS DIRECTLY TO THE RECEIVING COLLEGE OR UNIVERSITY AS ITS METHOD OF ENSURING THE GRANT FUNDS ARE USED IN ALIGNMENT WITH ITS PURPOSE. CFCU'S COMMUNITY RELATIONS DEPARTMENT CHOOSES PUBLIC CHARITIES THROUGHOUT THE COMMUNITY TO PROVIDE FUNDS TO. CFCU IS ACTIVE IN THE COMMUNITY'S IT SERVES AND SUPPORTS ORGANIZATIONS PROVIDING SOCIAL SERVICES, SCHOLARSHIPS AND GOVERNMENTAL SERVICES. SUPPORT PROVIDED TO THE SELECTED PUBLIC CHARITIES IS TYPICALLY INTENDED FOR GENERAL SUPPORT. COMMUNITY FINANCIAL ALSO PROVIDES TUITION REIMBURSEMENT UP TO $4,000/YEAR PER EMPLOYEE BASED ON GRADE RECEIVED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TANSLEY STEARNS | ||||||||||||||
| PRESIDENT/CEO | $582,375 | $0 | $0 | $0 | $630 | $0 | $30,740 | $0 | $8,140 | $0 | $621,885 | $0 | $0 | $0 |
| JILL JOHNSON | ||||||||||||||
| CHIEF REVENUE AND LENDING (THRU 05.3 | $170,283 | $0 | $6,430 | $0 | $296,396 | $0 | $46,308 | $0 | $3,343 | $0 | $522,760 | $0 | $0 | $0 |
| ART BEARD | ||||||||||||||
| CHIEF IT OFFICER | $339,388 | $0 | $13,934 | $0 | $966 | $0 | $63,888 | $0 | $0 | $0 | $418,176 | $0 | $0 | $0 |
| CATHY MEYERS | ||||||||||||||
| CHIEF PEOPLE OFFICER | $309,637 | $0 | $13,934 | $0 | $1,806 | $0 | $84,491 | $0 | $4,603 | $0 | $414,471 | $0 | $0 | $0 |
| CHRIS CURRY | ||||||||||||||
| SVP OPERATIONS AND RISK | $291,787 | $0 | $12,420 | $0 | $630 | $0 | $48,184 | $0 | $20,278 | $0 | $373,299 | $0 | $0 | $0 |
| SCOTT CAMERON | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $323,558 | $0 | $13,934 | $0 | $420 | $0 | $23,000 | $0 | $11,826 | $0 | $372,738 | $0 | $0 | $0 |
| DANIELLE FRAWLEY | ||||||||||||||
| CHIEF GROWTH OFFICER | $315,020 | $0 | $24,873 | $0 | $407 | $0 | $15,766 | $0 | $2,022 | $0 | $358,088 | $0 | $0 | $0 |
| DANIELLE MILNER | ||||||||||||||
| CHIEF EXPERIENCE OFFICER | $279,499 | $0 | $15,734 | $0 | $630 | $0 | $17,902 | $0 | $18,866 | $0 | $332,631 | $0 | $0 | $0 |
| ELRY ARMAZA | ||||||||||||||
| CHIEF OF STAFF | $281,203 | $0 | $15,734 | $0 | $630 | $0 | $0 | $0 | $3,786 | $0 | $301,353 | $0 | $0 | $0 |
| TOM VARGO | ||||||||||||||
| AVP CORE OPERATIONS | $193,190 | $0 | $0 | $0 | $1,188 | $0 | $25,324 | $0 | $8,575 | $0 | $228,277 | $0 | $0 | $0 |
| MIKE ERFOURTH | ||||||||||||||
| VP BUSINESS EXPERIENCE | $195,023 | $0 | $5,100 | $0 | $527 | $0 | $12,320 | $0 | $4,211 | $0 | $217,181 | $0 | $0 | $0 |
| JAMES POTTER | ||||||||||||||
| INVESTMENT REPRESENTATIVE | $199,296 | $0 | $0 | $0 | $310 | $0 | $7,827 | $0 | $7,571 | $0 | $215,004 | $0 | $0 | $0 |
| LISA MULLEN | ||||||||||||||
| SENIOR GENERAL COUNSEL | $178,019 | $0 | $900 | $0 | $414 | $0 | $9,280 | $0 | $20,154 | $0 | $208,767 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN IN 2024. ART BEARD SCOTT CAMERON CATHY MEYERS CHRIS CURRY JILL JOHNSON THE FOLLOWING INDIVIDUALS RECEIVED PAYOUTS FROM THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN IN 2024: ART BEARD: $33,388 CATHY MEYERS: $30,991 CHRIS CURRY: $ 25,184 JILL JOHNSON: $32,739 | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | EACH ACCOUNT HOLDER IS A MEMBER OF THE CREDIT UNION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE CREDIT UNION VOTE ON BOARD MEMBER CHANGES AND CHARTER CHANGES. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBERS OF THE CREDIT UNION VOTE ON BOARD MEMBER CHANGES AND CHARTER CHANGES |
| FORM 990, PART VI, SECTION B, LINE 11B | THE MANAGER/ACCOUNTING, VP FINANCE AND ACCOUNTING, AND CFO REVIEWS BOTH FORM 990 AND 990T PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION'S OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST THEY MAY HAVE WITH THE ORGANIZATION. EACH SIGNED POLICY STATEMENT IS REVIEWED TO DETERMINE IF ANY CONFLICTS EXIST AND NEED TO BE BROUGHT TO THE ATTENTION OF THE BOARD. IF A CONFLICT ARISES, THE RESPECTIVE BOARD MEMBER WILL ABSTAIN FROM ANY RELATED DISCUSSION, VOTE, OR SIMILAR ACTION ON THE MATTER. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FINANCIAL STATEMENTS ARE POSTED IN EACH BRANCH OFFICE, UPDATED MONTHLY. THE GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. |
| FORM 990, PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RELENTLESS CARE FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 S HARVEY ST | AddressLine1Txt |
| City | PLYMOUTH | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 481701759 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 932610244 | EIN |
| Primary Activities | PUBLIC SERVICE | PrimaryActivitiesTxt |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Exempt Code Section | 501(C)3 | ExemptCodeSectionTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMMUNITY FINANCIAL CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RELENTLESS CARE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $419,810 | InvolvedAmt |
| Method Of Amount Determination | CASH | MethodOfAmountDeterminationTxt |