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EIN 38-1400730

Credit UNIONS CHARTERED IN THE State of Michigan - 50 Farm Bureau Family Credit Un

IRS 501(c) type
501(c)(14)
Num. employees
5
City
Lansing
State
Michigan
Year formed
1933
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Credit Unions Chartered in the State of Michigan - 50 Farm Bureau Family Credit Union aims to offer low cost financial services to its member owners. It offers a range of loan options such as real estate, credit card and vehicle loans, with a total of 1,369 outstanding loans as at 12/31/2022. The Credit Union also provides various deposit account types including savings, checking and certificate accounts, with a total number of 1,707 members as at 12/31/2022.
Related structure
Credit UNIONS CHARTERED IN THE State of Michigan - 50 Farm Bureau Family Credit Un is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Credit Union CHR in the State of Mi; Credit Unions Chartered in the Mi Farm Bureau Family Credit Union; 50 Farm Bureau Family Credit Un
Total revenues
$1,130,865
2023
Total expenses
$957,785
2023
Total assets
$22,725,001
2023
Num. employees
5
2023

Program areas at Credit UNIONS CHARTERED IN THE State of Michigan - 50 Farm Bureau Family Credit Un

the Credit Union provides several deposit account types to members including savings, checking, certificate and other. the total number of members at 12/31/2023 was 1,785.
the Credit Union provides a variety of loan types to members including consumer, Credit card, vehicle and other. the total number of loans outstanding at 12/31/2023 was 1,449.

Personnel at Credit UNIONS CHARTERED IN THE State of Michigan - 50 Farm Bureau Family Credit Un

NameTitleCompensation
Brandon L BussaChief Executive Officer$116,922
Steve HummerPast Treasurer$0
Pam HuberExecutive Director$71,875
Pam MaccreadyPast Executive Director$0
Rachel SchwegelPast Treasurer$0
...and 3 more key personnel

Financials for Credit UNIONS CHARTERED IN THE State of Michigan - 50 Farm Bureau Family Credit Un

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$922,855
Investment income and dividends$208,010
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$1,130,865

Form 990s for Credit UNIONS CHARTERED IN THE State of Michigan - 50 Farm Bureau Family Credit Un

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-20990View PDF
2022-122023-04-26990View PDF
2021-122022-08-30990View PDF
2020-122021-04-26990View PDF
2019-122020-12-07990View PDF
...and 10 more Form 990s
Data update history
July 11, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 9, 2023
Updated personnel
Identified 5 new personnel
May 8, 2023
Used new vendors
Identified 1 new vendor, including
April 13, 2022
Updated personnel
Identified 2 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
7373 W Saginaw Hwy
Lansing, MI 48917
Metro area
Lansing-East Lansing, MI
County
Eaton County, MI
Website URL
farmbureaufamilycu.org/ 
Phone
(517) 679-5270
IRS details
EIN
38-1400730
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1933
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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