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EIN 38-2344084

Credit Unions Chartered in the State of Michigan - 1150 Credit Union Advantage Cu

IRS 501(c) type
501(c)(14)
Num. employees
10
City
Southfield
State
Michigan
Year formed
1969
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
"Credit Unions Chartered in the State of Michigan - 1150 Credit Union Advantage Cu is committed to its mission of providing a range of safe, secure, and innovative financial products and services exclusively for its members. It offers various deposit account types such as savings, checking, certificates, and more. As of 12/31/2022, it has a total membership count of 2,335. It also provides multiple loan options including real estate, credit card, vehicle among others. As of 12/31/2022, the number of outstanding loans was 1,039.".
Related structure
Credit Unions Chartered in the State of Michigan - 1150 Credit Union Advantage Cu is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Credit Union Advantage
Total revenues
$1,258,102
2023
Total expenses
$1,441,337
2023
Total assets
$29,135,118
2023
Num. employees
10
2023

Program areas at Credit Unions Chartered in the State of Michigan - 1150 Credit Union Advantage Cu

The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of current members at 12/31/2023 was 2,228.
The Credit Union provides a variety of loans to members including real estate, Credit card, vehicle and other. The total number of loans outstanding at 12/31/2023 was 995.

Personnel at Credit Unions Chartered in the State of Michigan - 1150 Credit Union Advantage Cu

NameTitleCompensation
Janice ZuchowiczChief Executive Officer$152,075

Financials for Credit Unions Chartered in the State of Michigan - 1150 Credit Union Advantage Cu

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$968,237
Investment income and dividends$306,040
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-16,175
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,258,102

Form 990s for Credit Unions Chartered in the State of Michigan - 1150 Credit Union Advantage Cu

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-16990View PDF
2022-122023-05-12990View PDF
2021-122022-09-26990View PDF
2020-122021-06-30990View PDF
2019-122021-06-07990View PDF
...and 11 more Form 990s
Data update history
July 14, 2024
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 1 new personnel
May 18, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
22250 Providence Dr
Southfield, MI 48075
Metro area
Detroit-Warren-Dearborn, MI
County
Oakland County, MI
Website URL
cuadvantage.coop/ 
Phone
(248) 996-6069
IRS details
EIN
38-2344084
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1969
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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