Program areas at Credit Unions Chartered in Michigan - 461 Tahquamenon Area Credit Un
Provided 5,344 members with prime share, share draft, christmas club, ira, money market and share certificates of deposit accounts for a total of 10,216 accounts.
Provided 2,508 loans including vehicle, visa, home equity, mortgage, participation and personal loans.
Provided money orders, home and mobile banking with remote deposit capture, overdraft protection, atm and debit cards and various insurance programs.
Personnel at Credit Unions Chartered in Michigan - 461 Tahquamenon Area Credit Un
| Name | Title | Compensation | Date of data |
|---|
| Ruben C Ison | President and Chief Executive Officer | $127,457 | 2023-08-28 |
| Amy Fox | Accounting Manager | $60,918 | 2022-12-31 |
| Jean Foley | Vice Chairperson | $0 | 2022-12-31 |
| Patrick Edwards | Secretary and Treasurer | $0 | 2022-12-31 |
| Michael Walker | Chairperson | $0 | 2022-12-31 |
| ...and 4 more key personnel |
Financials for Credit Unions Chartered in Michigan - 461 Tahquamenon Area Credit Un
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $1,925,425 | $1,634,059 | 17.8% |
| Investment income and dividends | $970,778 | $841,733 | 15.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $11,750 | $-3,001 | 491.5% |
| Net gain from sale of non-inventory assets | $-27,266 | $168 | -16329.8% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $1,789 | -100% |
| Total revenues | $2,880,687 | $2,474,748 | 16.4% |
Organizations like Credit Unions Chartered in Michigan - 461 Tahquamenon Area Credit Un
| Organization | Type | Location | Revenue |
|---|
| Credit Unions Chartered in the State of Michigan - 236 Auto-Owners Asso Credit Union | 501(c)(14) | Lansing, MI | $1,433,030 |
| Credit Unions Chartered in the State of Michigan - 276 Parkside Credit Union | 501(c)(14) | Westland, MI | $12,892,569 |
| Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union | 501(c)(14) | Ludington, MI | $8,484,424 |
| Credit Unions Chartered in the State of Michigan - 1102 Motor City Co-Op CRDT Un | 501(c)(14) | Clinton Township, MI | $6,722,799 |
| Credit Unions Chartered in the State of Michigan - 826 Lake Huron Credit Union | 501(c)(14) | Saginaw, MI | $5,798,313 |
| Credit Unions Chartered in the State of Michigan - 225 Michigan Legacy Credit Union | 501(c)(14) | Wyandotte, MI | $11,520,985 |
| Credit Unions Chartered in the State of Michigan - 806 Family Financial Credit Union | 501(c)(14) | Muskegon, MI | $6,550,860 |
| Credit Unions Chartered in the State of Michigan - 43 Country Heritage Credit Union | 501(c)(14) | Buchanan, MI | $2,261,922 |
| Credit Unions Chartered in the State of Michigan - 1055 FinancialEdge Community Cu | 501(c)(14) | Bay City, MI | $5,984,878 |
| Credit Unions Chartered in the State of Michigan - 1099 Wolverine State Credit Union | 501(c)(14) | Alpena, MI | $6,150,132 |
Data update history
October 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 29, 2023
Updated personnel
Identified 5 new personnel
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 13, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local levelNo full-time employees
General information
- Address
- PO Box 485
- Newberry, MI 49868
- County
- Luce County, MI
- Website URL
- tacumi.com/Â
- Phone
- (906) 293-5117
IRS details
- EIN
- 38-1577465
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1955
- 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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