EIN 38-1628275

Alliance Catholic Credit

Name: Alliance Catholic Credit financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(14)

Num. employees

162

City

Farmington Hills

State

Michigan

Year formed

1956

Most recent tax filings

2022-12-01

NTEE code, primary

W60: Financial Institutions, Credit Unions

Description

Provide trusted financial services, inspired by Catholic values and traditions, to enhance the financial well-being of our Catholic communities and the neighbors we serve.

Related structure

Alliance Catholic Credit is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.

Also known as...

Alliance Catholic Credit Union; Credit Unions Chartered in the State of Michigan Alliance Catholic Credit Union

Total revenues

$23,179,127

2022

Total expenses

$21,627,756

2022

Total assets

$638,619,506

2022

Num. employees

162

2022

Program areas at Alliance Catholic Credit

Provide 32,497 members with regular shares, christmas club, checking, money market, certificates of deposit, and ira accounts totaling 65,565.

Offer atm/debit cards, wire transfers, money orders, courtesy pay, gift cards, bill pay, safe deposit box rentals, check cashing, coin counting, shared branching, mobile banking and various insurance products to all eligible members.

Provide 19,791 loans including new and used vechicles, revolving Credit, tuition, overdraft, commercial, mortgages, visa and student loans.

Grants made by Alliance Catholic Credit

Grantee	Grant description	Grant year	Amount
Alliance Catholic Foundation	Scholarship Fund	2022-12	$128,787

Personnel at Alliance Catholic Credit

Name	Title	Compensation	Date of data
Robert Grech	Chief Executive Officer	$471,920	2022-12-31
Dan Davidson	Executive Vice President and Chief Operating Officer		2023-11-13
Daniel Davidson	Executive Vice President and Chief Operating Officer / Senior Vice President and Chief Operating Officer / Senior Vice President and Chief Financial Officer / Senior Vice President and Cro	$275,693	2022-12-31
Michael Bahorski	Chief Financial Officer	$206,576	2022-12-31
Sharon Burns	Vice President Finance	$102,797	2022-12-31
...and 9 more key personnel

Financials for Alliance Catholic Credit

Revenues	FYE 12/2022	FYE 12/2021	% Change
Total grants, contributions, etc.	$0	$0	-
Program services	$16,104,519	$14,346,980	12.3%
Investment income and dividends	$3,794,841	$4,853,312	-21.8%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$117,437	$110,126	6.6%
Net gain from sale of non-inventory assets	$67,252	$136,459	-50.7%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$3,095,078	$4,002,145	-22.7%
Total revenues	$23,179,127	$23,449,022	-1.2%

Form 990s for Alliance Catholic Credit

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-11-15	990	View PDF
2022-12	2023-11-13	990	View PDF
2021-12	2022-11-14	990	View PDF
2020-12	2021-08-17	990	View PDF
2019-12	2021-06-08	990	View PDF
...and 10 more Form 990s

Organizations like Alliance Catholic Credit

Organization	Type	Location	Revenue
Credit Unions Chartered in the State of Michigan - 1117 Christian Financial Cu	501(c)(14)	Sterling Heights, MI	$43,516,428
Credit Unions Chartered in the State of Michigan - 1105 Marshall Community Credit Unio (MCCU)	501(c)(14)	Marshall, MI	$16,738,081
Credit Unions Chartered in the State of Michigan - 118 Adventure Credit Union	501(c)(14)	Grand Rapids, MI	$25,011,714
Credit Unions Chartered By the State of Michigan - 85 Community Choice Credit Union	501(c)(14)	Farmington Hills, MI	$84,137,393
Lafcu (1197 Lafcu)	501(c)(14)	Lansing, MI	$64,543,625
Preferred Credit Union	501(c)(14)	Grand Rapids, MI	$15,755,243
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 - 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 - 826 Lake Huron Credit Union	501(c)(14)	Saginaw, MI	$6,169,455

Data update history

January 24, 2024

Updated personnel

Identified 3 new personnel

January 23, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 3, 2024

Used new vendors

Identified 3 new vendors, including , , and

July 17, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 5, 2023

Used new vendors

Identified 4 new vendors, including , , , and

Nonprofit Types

Credit unionsChapter / child organizations

Issues

Religion

Characteristics

ReligiousCatholicChristianState / local levelCommunity engagement / volunteering

General information

Address: 28800 Orchard Lake Rd; Farmington Hills, MI 48334
Metro area: Detroit-Warren-Dearborn, MI
Website URL: allianceccu.com/
Phone: (877) 950-2228
Facebook page: AllianceCatholicCreditUnion

IRS details

EIN: 38-1628275
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1956
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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Alliance Catholic Credit

Program areas at Alliance Catholic Credit

Grants made by Alliance Catholic Credit

Personnel at Alliance Catholic Credit

Financials for Alliance Catholic Credit

Form 990s for Alliance Catholic Credit

Organizations like Alliance Catholic Credit

Nonprofits

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