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EIN 38-1418001

Credit Unions Chartered in the State of Michigan - 1199 Cornerstone Community Financia

IRS 501(c) type
501(c)(14)
Num. employees
147
City
Auburn Hills
State
Michigan
Year formed
1951
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
We are committed to being a leading community-focused Credit Union that is the Cornerstone to helping members achieve their Financial goals. Revolutionize the service experience fulfilling the changing needs of members and our communities.
Related structure
Credit Unions Chartered in the State of Michigan - 1199 Cornerstone Community Financia is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
1199 Cornerstone Community Financial Credit Union
Total revenues
$24,864,783
2023
Total expenses
$22,611,791
2023
Total assets
$405,800,769
2023
Num. employees
147
2023

Program areas at Credit Unions Chartered in the State of Michigan - 1199 Cornerstone Community Financia

Service over $344 million in loans to members as of december 31, 2023.
Established 1,575 new memberships in 2023.
Provide deposit services to over 24,000 members. Member deposits approximated $313 million as of december 31, 2023.

Personnel at Credit Unions Chartered in the State of Michigan - 1199 Cornerstone Community Financia

NameTitleCompensation
Heidi KassabChief Executive Officer$458,728
Mark EvensonChief Financial Officer$163,666
Steve FloresVice President of Operations$145,325
Jennifer BleauVice President of Marketing$136,645
David ShoseyVice President of It$156,979
...and 6 more key personnel

Financials for Credit Unions Chartered in the State of Michigan - 1199 Cornerstone Community Financia

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$23,373,963
Investment income and dividends$1,476,706
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$14,114
Total revenues$24,864,783

Form 990s for Credit Unions Chartered in the State of Michigan - 1199 Cornerstone Community Financia

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-01990View PDF
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-10990View PDF
2019-122021-06-25990View PDF
...and 5 more Form 990s
Data update history
December 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 23, 2023
Used new vendors
Identified 3 new vendors, including , , and
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 2 new personnel
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
2955 University Dr
Auburn Hills, MI 48326
Metro area
Detroit-Warren-Dearborn, MI
County
Oakland County, MI
Website URL
ccfinancial.com/ 
Phone
(248) 340-9310
IRS details
EIN
38-1418001
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1951
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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