Public Charity

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN 48 LAKE MICHIGAN CREDIT UNION

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN 48 LAKE MICHIGAN CREDIT UNION is a private foundation categorized as Public Charity based in GRAND RAPIDS, MI. Its most recent IRS filing (2025) reports revenue of $918.2M, expenses of $710.1M, total assets of $16.0B. Imperigo tracks 68 reported grants from this foundation totaling approximately $1.6M.

EIN: 381215360 GRAND RAPIDS, MI Latest filing: 2025
Total Revenue$918.2M
Total Expenses$710.1M
Total Assets$16.0B
Grants Given68
Grant Total$1.6M
Filing Years2021–2025

Mission

PROMOTION OF THRIFT AND PROVIDING LOW COST CREDIT AND OTHER FINANCIAL SERVICES FOR ITS MEMBERS THROUGH MUTUAL AND NONPROFIT ORGANIZATION.

Sample Grants Given

GRAND RAPIDS, MI · 2025
SUPPORT OF HOUSING INITIATIVES
$250,000
GRAND RAPIDS, MI · 2025
CAPITAL CAMPAIGN CONTRIBUTION
$100,000
CREDIT UNION HOUSE LLC
WASHINGTON, DC · 2025
CAPITAL CAMPAIGN CONTRIBUTION
$50,000
GRAND RAPIDS, MI · 2025
CDFI FUND/GENERAL OPERATING SUPPORT
$50,000
GRAND RAPIDS, MI · 2025
CAPITAL CAMPAIGN CONTRIBUTION
$50,000

Showing up to 5 of 68 total records — full history available with membership.

Officers & Directors

DIRECTOR Bob Partridge
DIRECTOR Bob White
DIRECTOR Brad Mathis
DIRECTOR Caitlin Townsend-Lamb
CMO Christi Cowdin
CIO Christopher Ortega

Officer compensation and complete director data available with membership.

Top Grant Purposes

CAPITAL CAMPAIGN CONTRIBUTION
$251,667 5 grants
SUPPORT OF HOUSING INITIATIVES
$250,000 1 grant
CHARITABLE CONTRIBUTION
$215,000 9 grants
CAPITAL CAMPAIGN
$50,000 2 grants
CDFI FUND/GENERAL OPERATING SUPPORT
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $918.2M $710.1M $16.0B
2024 $829.4M $680.2M $14.5B
2023 $692.0M $519.8M $13.4B
2022 $520.3M $350.7M $11.9B
2021 $490.2M $333.2M $11.7B

Between 2021 and 2025, reported annual revenue grew from $490.2M to $918.2M (+87%), with total assets most recently reported at $16.0B.

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

Grant Geography

Grants from this foundation were reported to recipients in DC, FL, MI, RI, WI.

DCFLMIRIWI

Full geographic grant map with state-by-state breakdown available with membership.

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