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EIN 38-1384940

Credit Unions Chartered in the State of Michigan - 1099 Wolverine State Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
55
City
Alpena
State
Michigan
Year formed
1950
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Besser Credit Union is a financial Solution provider, exceeding member expectation. They are committed to quality, member friendly, fair financial services delivered with integrity and passion to exceed member expectations.
Related structure
Credit Unions Chartered in the State of Michigan - 1099 Wolverine State Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Wolverine State Credit Union; Credit Unions Chartered in the State of Michigan 1099 Besser Credit Union; Besser Credit Union
Total revenues
$7,259,412
2023
Total expenses
$6,216,925
2023
Total assets
$140,518,712
2023
Num. employees
55
2023

Program areas at Credit Unions Chartered in the State of Michigan - 1099 Wolverine State Credit Union

The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2023 was 10,953.
The Credit Union provides a variety of loans to members including real estate, creit card, vehicles and other. The total number of loans outstanding at 12/31/2023 was 7,958.

Personnel at Credit Unions Chartered in the State of Michigan - 1099 Wolverine State Credit Union

NameTitleCompensation
Nicholas MontieManager and Chief Executive Officer$156,065
Ruby J HaskeChief Operating Officer$90,988

Financials for Credit Unions Chartered in the State of Michigan - 1099 Wolverine State Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$5,680,694
Investment income and dividends$1,578,718
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$7,259,412

Form 990s for Credit Unions Chartered in the State of Michigan - 1099 Wolverine State Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-04-26990View PDF
2021-122022-05-15990View PDF
2020-122021-04-23990View PDF
2019-122020-10-16990View PDF
...and 12 more Form 990s
Data update history
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 1, 2023
Updated personnel
Identified 1 new personnel
May 20, 2023
Updated personnel
Identified 3 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
October 28, 2020
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
1381 N Bagley St
Alpena, MI 49707
County
Alpena County, MI
Website URL
wolverinescu.com/ 
Phone
(989) 356-1880
IRS details
EIN
38-1384940
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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