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EIN 38-1502320

Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
43
City
Ludington
State
Michigan
Year formed
1952
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union is a credit union that provides financial services and products to members. 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 12/31/2020 was 4,089. The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2020 was 6,436. Safe Harbor Credit Union is located in Ludington, MI.
Related structure
Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Safe Harbor Credit Union
Total revenues
$8,484,424
2023
Total expenses
$6,772,288
2023
Total assets
$144,959,154
2023
Num. employees
43
2023

Program areas at Credit Unions Chartered in the State of Michigan - 264 Safe Harbor 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 8,025.
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 5,146.

Personnel at Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union

NameTitleCompensation
Adam JohnsonChief Executive Officer$139,286
Paul WilliamsChief Financial Officer$102,053
Jen MerchantVice President of Operations and Compliance Specialist
Amy BaldwinVice President and Controller$75,119
Stephanie OverholtVice President and Lending / Vice President of Lending$73,329
...and 1 more key personnel

Financials for Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$8,287,539
Investment income and dividends$196,885
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$8,484,424

Form 990s for Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-21990View PDF
2022-122023-07-28990View PDF
2021-122022-11-01990View PDF
2020-122021-06-30990View PDF
2019-122021-06-07990View PDF
...and 10 more Form 990s
Data update history
July 18, 2024
Updated personnel
Identified 3 new personnel
July 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 9, 2024
Used new vendors
Identified 5 new vendors, including , , , , and
October 1, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 6, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
5511 W Us Hwy 10
Ludington, MI 49431
County
Mason County, MI
Website URL
safeharborcu.org/ 
Phone
(231) 843-2323
IRS details
EIN
38-1502320
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1952
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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