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EIN 38-1623775

Credit Unions Chartered in the State of Michigan - 826 Lake Huron Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
40
City
Saginaw
State
Michigan
Year formed
1959
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Credit Unions Chartered in the State of Michigan - 826 Lake Huron Credit Union provides financial services to member owners with a common bond. The credit union offers deposit accounts to its 6,650 members, who hold a total of 16,603 accounts as of 12/31/22. Additionally, the credit union provides loans to its membership and has a total of 5,751 outstanding loans as of the same date.
Related structure
Credit Unions Chartered in the State of Michigan - 826 Lake Huron Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Lake Huron Credit Union
Total revenues
$6,169,455
2023
Total expenses
$5,367,810
2023
Total assets
$76,905,530
2023
Num. employees
40
2023

Program areas at Credit Unions Chartered in the State of Michigan - 826 Lake Huron Credit Union

The Credit Union provides deposit accounts to members. The number of members as of 12/31/23 was 6,690. The total number of accounts held by the membership as of 12/31/23 was 16,754.
The Credit Union provides loans to its membership. The total number of loans outstanding as of 12/31/23 was 5,441.

Personnel at Credit Unions Chartered in the State of Michigan - 826 Lake Huron Credit Union

NameTitleCompensation
Beverly LeeChief Executive Officer$326,597
Elizabeth MarxVice President$126,156
Martin LeeController$88,983
Anne CourseyVice Chairperson$0

Financials for Credit Unions Chartered in the State of Michigan - 826 Lake Huron Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,000,000
Program services$4,818,592
Investment income and dividends$350,863
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$6,169,455

Form 990s for Credit Unions Chartered in the State of Michigan - 826 Lake Huron Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-02990View PDF
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-11990View PDF
2019-122020-12-03990View PDF
...and 11 more Form 990s
Data update history
December 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Updated personnel
Identified 3 new personnel
January 12, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 12, 2024
Updated personnel
Identified 1 new personnel
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
Address
1540 Tittabawassee
Saginaw, MI 48604
Metro area
Saginaw, MI
County
Saginaw County, MI
Website URL
lhcu.org/ 
Phone
(989) 752-5214
IRS details
EIN
38-1623775
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1959
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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