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EIN 38-1465061

Allegan Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
40
City
Allegan
State
Michigan
Year formed
2022
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Allegan Credit Union prioritizes people, fostering relationships, and contributing to the community in order to secure a successful future for its members. The Credit Union offers a wide range of loans, including for real estate, credit cards, and vehicles - with 4,439 loans outstanding as of 12/31/2022. Additionally, Allegan Credit Union provides different deposit account options such as savings, checking, certificates and more - currently serving 8,837 members.
Total revenues
$3,340,217
2022
Total expenses
$3,288,388
2022
Total assets
$84,441,604
2022
Num. employees
40
2022

Program areas at Allegan Credit Union

The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2022 was 8,837.
The Credit Union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2022 was 4,439.

Personnel at Allegan Credit Union

NameTitleCompensation
Kristopher LewisChief Executive Officer$148,822
Chris HarrisChief Financial Officer$40,943

Financials for Allegan Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$3,071,252
Investment income and dividends$268,965
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,340,217

Form 990s for Allegan Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-19990View PDF

Organizations like Allegan Credit Union

OrganizationLocationRevenue
Premier Credit UnionPalatine, IL$5,717,485
Central Kansas Credit UnionHutchinson, KS$1,646,035
Kansas City Credit UnionKansas City, MO$3,993,380
Telcomm Credit UnionSpringfield, MO$13,563,264
Western Cooperative Credit UnionWilliston, ND$16,661,044
Journey Credit UnionDes Moines, IA$4,038,666
Sioux Valley Community Credit UnionSioux City, IA$1,478,027
One Credit Union of NyBuffalo, NY$2,959,889
Raytown-Lee'S Summit Community Credit UnionRaytown, MO$2,813,912
Cooperativa de Ahorro Y Credito San JoseAibonito, PR$15,562,374
Data update history
July 22, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 18, 2023
Updated personnel
Identified 9 new personnel
July 1, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
755 Grand St
Allegan, MI 49010
Website URL
allegancu.com/ 
Phone
(269) 673-5465
IRS details
EIN
38-1465061
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
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