EIN 38-1418180

Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu

IRS 501(c) type
501(c)(14)
Num. employees
209
Year formed
1950
Most recent tax filings
2023-12-01
Description
Christian Financial Cu provides products and services that enhance financial well-being via trusted partnerships with over 59K members.
Related structure
Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Christian Financial Credit Union; Credit Unions Chartered in the State of Christian Financial Credit Union; 1117 Christian Financial Cu
Total revenues
$43,516,428
2023
Total expenses
$36,934,405
2023
Total assets
$847,893,640
2023
Num. employees
209
2023

Program areas at Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu

The Credit Union originated $166.3 million in loans to members during 2023. Loans are generally originated at or below market interest rates highlighting member loyalty.
The Credit Union began a website and system overhaul in 2023 which was completed in 2024. The website and system overhaul continues to improve the member experience by making it easier for members to access lending and savings products.
The Credit Union offers convenient delivery channels for members where we fully absorb the cost of the ability to use 30,000 atms, access to the shared branching network with over 5,600 outlets nationwide, free access to online banking and bill payment for all consumers.

Grants made by Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu

GranteeGrant descriptionAmount
Christian Financial Outreach and Impact FoundationCharitable Contribution$189,000
Sacred Heart SeminaryCharitable Contribution$32,500
Habitat for Humanity DetroitCharitable Contribution$5,200

Personnel at Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu

NameTitleCompensation
Patricia CampbellPresident and Chief Executive Officer$521,935
James SpeshockChief Operations Officer$147,204
Vallorie McBrideChief Financial Officer$48,831
Rebekah MonroeChief Marketing and Growth Officer$128,732
David MaurerChief Technology Officer$155,656
...and 4 more key personnel

Financials for Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$39,618,253
Investment income and dividends$4,226,231
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-108,959
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-219,097
Total revenues$43,516,428

Form 990s for Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-21990View PDF
2022-122023-11-13990View PDF
2021-122022-11-07990View PDF
2020-122021-10-27990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s
Data update history
July 28, 2024
Used new vendors
Identified 1 new vendor, including
January 3, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Updated personnel
Identified 1 new personnel
December 25, 2023
Used new vendors
Identified 1 new vendor, including
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
ChristianReligiousMembershipsState / local level
General information
Address
35100 Van Dyke Ave
Sterling Heights, MI 48312
Metro area
Detroit-Warren-Dearborn, MI
County
Macomb County, MI
Website URL
christianfinancialcu.com/ 
Phone
(586) 772-6330
IRS details
EIN
38-1418180
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1950
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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