EIN 38-1586641

Credit Unions Chartered in the State of Michigan - 565 North Central Area Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
75
City
Houghton Lake
Year formed
1956
Most recent tax filings
2023-12-01
Description
565 North Central Area Credit Union offers affordable financial services to members with savings, checking accounts, atm cards, and insurance products.
Related structure
Credit Unions Chartered in the State of Michigan - 565 North Central Area Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Credit Unions Chartered in the State of Michigan North Central Area Credit Union; 565 North Central Area Credit Union
Total revenues
$14,223,900
2023
Total expenses
$11,411,090
2023
Total assets
$223,678,189
2023
Num. employees
75
2023

Program areas at Credit Unions Chartered in the State of Michigan - 565 North Central Area Credit Union

Provide 19,838 members with savings, checking, club, money market, individual retirement and certificate of deposit accounts totaling $201.1 million.
Offer atm and debit cards, overdraft protection, money orders and insurance products to all eligible members.
Provide approx. 12,468 vehicle, real estate, business, Credit card and line of Credit loans.

Personnel at Credit Unions Chartered in the State of Michigan - 565 North Central Area Credit Union

NameTitleCompensation
Mark RichterChief Executive Officer$94,770
Tammy SchwalmChief Operating Officer$128,897
Brian WawsczykChief Financial Officer$51,415
Sandy NapierskiController
Jacci PothoofPast President and Chief Executive Officer$148,547
...and 12 more key personnel

Financials for Credit Unions Chartered in the State of Michigan - 565 North Central Area Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$11,952,351
Investment income and dividends$1,795,276
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$476,273
Total revenues$14,223,900

Form 990s for Credit Unions Chartered in the State of Michigan - 565 North Central Area Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990View PDF
2022-122023-05-19990View PDF
2021-122022-05-09990View PDF
2020-122021-08-31990View PDF
2018-122019-11-01990View PDF
...and 11 more Form 990s
Data update history
July 14, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 1 new personnel
May 16, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
2665 S Reserve Rd
Houghton Lake, MI 48629
County
Roscommon County, MI
Website URL
ncacu.org/ 
Phone
(989) 910-5135
IRS details
EIN
38-1586641
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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