EIN 38-1524325

Credit Unions Chartered in the State of Michigan - 561 TLC Community Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
159
City
Adrian
Year formed
1956
Most recent tax filings
2022-12-01
Description
TLC Community Credit Union strives to be the primary provider of financial services to our members and their families, providing the opportunity to achieve financial security and well being.
Related structure
Credit Unions Chartered in the State of Michigan - 561 TLC Community Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
TLC Community Credit Union
Total revenues
$27,618,251
2022
Total expenses
$19,570,980
2022
Total assets
$686,921,237
2022
Num. employees
159
2022

Program areas at Credit Unions Chartered in the State of Michigan - 561 TLC Community Credit Union

Provide 54,698 members with savings, share drafts, club, money market, business, individual retirement, and certificates of deposit accounts totaling 99,864.
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.
Provide 15,009 new and used auto, unsecured, overdraft, commercial, real estate, home equity, student and Credit card loans.

Grants made by Credit Unions Chartered in the State of Michigan - 561 TLC Community Credit Union

GranteeGrant descriptionAmount
Adrian Schools Educational FoundationCharitable Contribution$25,000

Personnel at Credit Unions Chartered in the State of Michigan - 561 TLC Community Credit Union

NameTitleCompensation
Jeff BrehmerChief Executive Officer$208,611
Alycia NicholsExecutive Vice President Operations and Lending$145,597
Michael ZarneckiSenior Vice President - Operations$112,926
Paul CorazzolSenior Vice President It$148,305
Lorie EastonSenior Vice President Consumer Lending$148,095
...and 6 more key personnel

Financials for Credit Unions Chartered in the State of Michigan - 561 TLC Community Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$21,767,103
Investment income and dividends$5,830,361
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$3,814
Net gain from sale of non-inventory assets$16,973
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$27,618,251

Form 990s for Credit Unions Chartered in the State of Michigan - 561 TLC Community Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-13990View PDF
2021-122022-11-02990View PDF
2020-122021-10-21990View PDF
2019-122021-06-08990View PDF
2018-122020-01-10990View PDF
...and 9 more Form 990s
Data update history
November 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 28, 2023
Updated personnel
Identified 1 new personnel
November 26, 2023
Used new vendors
Identified 4 new vendors, including , , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local levelProvides scholarships
General information
Address
3030 S Adrian Hwy
Adrian, MI 49221
County
Lenawee County, MI
Website URL
tlccu.org/ 
Phone
(517) 263-9120
Facebook page
TLC-Community-Credit-Union 
Twitter profile
@tlccu 
IRS details
EIN
38-1524325
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1956
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
Child within group exemption
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