Public Charity

DIVERSIFIED MEMBERS CREDIT UNION

DIVERSIFIED MEMBERS CREDIT UNION, of DETROIT, MI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $30.6M in revenue, $28.9M in expenses, $498.1M in total assets. 1 publicly reported grants to this organization, totaling roughly $40K, appear in IRS filings.

EIN: 380480170 DETROIT, MI Latest filing: 2024
Total Revenue$30.6M
Total Expenses$28.9M
Total Assets$498.1M
Grant Records1
Funding Total$40K
Filing Years2020–2024

Mission

TO PROVIDE FRIENDLY, PERSONAL, FINANCIAL SERVICES IN A PROFESSIONAL ATMOSPHERE TO ALL MEMBERS.

Sample Grants Received

2018
REINVESTMENT GRANT TO BE UTILIZED FOR THE PURPOSE OF EXPANDING AND CREATING OPPORTUNITIES FOR SMALL BUSINESSES IN THE LOCAL FOOD INDUSTRY IN SE MICHIGAN
$40,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

DIRECTOR Albert Patrick Jr
TREASURER Andrew Pollack
VICE CHAIR Anthony Lamerato
DIRECTOR Carl Jarboe
CMO Colleen Scott
IT MGR Daniel J O'donnell

Officer compensation and complete director data available with membership.

Top Grant Purposes

REINVESTMENT GRANT TO BE UTILIZED FOR THE PURPOSE OF EXPANDING AND CREATING OPPORTUNITIES FOR SMALL BUSINESSES IN THE LOCAL FOOD INDUSTRY IN SE MICHIGAN
$40,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $30.6M $28.9M $498.1M
2023 $16.7M $25.9M $481.0M
2022 $22.0M $20.3M $485.9M
2021 $18.6M $16.8M $516.6M
2020 $18.1M $16.6M $460.0M

Between 2020 and 2024, reported annual revenue grew from $18.1M to $30.6M (+69%), with total assets most recently reported at $498.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for DIVERSIFIED MEMBERS CREDIT UNION

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