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EIN 38-1395220

Credit Unions Chartered in the State of Michigan - 1055 FinancialEdge Community Cu

IRS 501(c) type
501(c)(14)
Num. employees
41
City
Bay City
State
Michigan
Year formed
1950
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Credit Unions Chartered in the State of Michigan - 1055 FinancialEdge Community Cu, offers financial services to member owners with a common bond as its mission. It provides different deposit account types to members, having 8,972 members and 19,395 member accounts as of 12/31/22. The Credit Union also grants various loans to members, with a total number of outstanding loans reaching 5,491 by the same date. It is located in Bay City, MI.
Related structure
Credit Unions Chartered in the State of Michigan - 1055 FinancialEdge Community Cu is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Financialedge Community Credit Union; Credit Unions Chartered in the State of Michigan Financialedge Community Credit Union; 1055 Financialedge Community Cu
Total revenues
$7,300,435
2023
Total expenses
$5,820,502
2023
Total assets
$122,192,163
2023
Num. employees
41
2023

Program areas at Credit Unions Chartered in the State of Michigan - 1055 FinancialEdge Community Cu

the Credit union provides several deposit account types to members. the total number of members at 12/31/23 was 8,943. the total number of member accounts was 19,082.
the Credit union provides a variety of loans to members . the total number of loans outstanding at 12/31/23 was 5,445.

Personnel at Credit Unions Chartered in the State of Michigan - 1055 FinancialEdge Community Cu

NameTitleCompensation
Jeremy CoberleyChief Executive Officer$238,411
Lynne ZanottiVice President$118,619

Financials for Credit Unions Chartered in the State of Michigan - 1055 FinancialEdge Community Cu

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$5,972,299
Investment income and dividends$1,333,559
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-5,423
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,300,435

Form 990s for Credit Unions Chartered in the State of Michigan - 1055 FinancialEdge Community Cu

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-21990View PDF
2022-122023-11-14990View PDF
2021-122022-11-04990View PDF
2020-122021-11-11990View PDF
2019-122021-06-24990View PDF
...and 11 more Form 990s
Data update history
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 25, 2023
Used new vendors
Identified 1 new vendor, including
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 3, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
1199 S Euclid Ave
Bay City, MI 48706
Metro area
Bay City, MI
County
Bay County, MI
Website URL
finedgecu.org/ 
Phone
(989) 892-6088
IRS details
EIN
38-1395220
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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