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EIN 38-1752492

CREDIT UNIONS Chartered IN THE STATE OF Michigan - 1024 Thornapple CREDIT Union

IRS 501(c) type
501(c)(14)
Num. employees
35
City
Hastings
State
Michigan
Year formed
1964
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Credit Unions Chartered in the State of Michigan - 1024 Thornapple Credit Union furnishes cooperative financial services to members. The Credit Union funded 1,481 new loans to members and had 4,251 loans as of 12/31/2022. They also offer various types of deposit accounts and have a total of 7,580 members as of 12/31/2022.
Related structure
CREDIT UNIONS Chartered IN THE STATE OF Michigan - 1024 Thornapple CREDIT Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Cred Thornapple Credit Union; Credit Unions Charter in the State of Mi Thornapple Credit Union; Cred Thornapple Valley Comm C U
Total revenues
$4,560,985
2023
Total expenses
$3,714,205
2023
Total assets
$66,366,231
2023
Num. employees
35
2023

Program areas at CREDIT UNIONS Chartered IN THE STATE OF Michigan - 1024 Thornapple CREDIT Union

the Credit Union has various types of deposit accounts available for its members. As of 12/31/2023 the Credit Union had 7,942 members.
the Credit Union has several types of loan programs available for its members. They funded 1,334 new loans to our members during 2023. As of 12/31/2023. the cu had a total of 4,574 loans to members.

Personnel at CREDIT UNIONS Chartered IN THE STATE OF Michigan - 1024 Thornapple CREDIT Union

NameTitleCompensation
Amy ByersChief Executive Officer$119,424
Cassandra ThayerManager of Accounting , Human Resources and Member Service / Manager of Operations
Ashley FueriManager of Marketing and Education
Jessica BarcroftMember Relations Manager / Card Project Manager
Justine KingBranch Manager and Loan Underwriter / Member Relations Manager and Loan Underwriter
...and 10 more key personnel

Financials for CREDIT UNIONS Chartered IN THE STATE OF Michigan - 1024 Thornapple CREDIT Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$4,395,377
Investment income and dividends$166,491
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-883
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,560,985

Form 990s for CREDIT UNIONS Chartered IN THE STATE OF Michigan - 1024 Thornapple CREDIT Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-03990View PDF
2022-122023-04-21990View PDF
2021-122022-10-09990View PDF
2020-122021-08-13990View PDF
2019-122021-06-07990View PDF
...and 9 more Form 990s
Data update history
August 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 23, 2024
Used new vendors
Identified 1 new vendor, including
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 2 new personnel
June 29, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 289
Hastings, MI 49058
County
Barry County, MI
Website URL
thornapplecu.com/ 
Phone
(269) 948-8369
IRS details
EIN
38-1752492
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1964
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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