Mission
COOPERATIVELY EMPOWERING CREDIT UNIONS TO INCREASE FINANCIAL WELL-BEING BY SUPPORTING COMMUNITY ENRICHMENT, FINANCIAL EDUCATION, AND CREDIT UNION DEVELOPMENT INITIATIVES
Public Charity
MICHIGAN CREDIT UNION FOUNDATION
MICHIGAN CREDIT UNION FOUNDATION is a nonprofit organization categorized as Public Charity based in ROYAL OAK, MI. Its most recent IRS filing (2024) reports revenue of $397K, expenses of $312K, total assets of $1.4M. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $367K.
EIN: 386066911
ROYAL OAK, MI
Credit Unions
NTEE: W61
Latest filing: 2024
Total Revenue$397K
Total Expenses$312K
Total Assets$1.4M
Grant Records10
Funding Total$367K
Filing Years2020–2024
Where $100 goes at Michigan Credit Union Foundation
How Michigan Credit Union Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$95
Programs
the work itself
$3
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $95 for programs
$95
Provide awards, grants and scholarships to organizations and individuals on behalf of the credit union movement
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$15,000
MEMORIAL FUND AND MCUL FOUNDATION, ADVOCACY
$8,000
TO SUPPORT CREDIT UNION DEVELOPMENT INITIATIVES.
$7,500
DONATION TO COOPERATIVE
$7,500
GENERAL SUPPORT
$260,000
Showing up to 5 of 10 total records — full history available with membership.
Officers & Directors
EXECUTIVE DIRECTOR
Andrea Tucker
FOUNDATION PROJECT MANAGER THRU 9/24
Beth Troost
DIRECTOR UNTIL 12/2024
Brenda Lippens
DIRECTOR
Bridget Staffileno
SECRETARY/TREASURER
Chrissy Siders
VICE PRESIDENT
Dave Brandt
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $397K | $312K | $1.4M |
| 2023 | $433K | $242K | $1.3M |
| 2022 | $347K | $233K | $1.1M |
| 2021 | $309K | $165K | $995K |
| 2020 | $611K | $441K | $829K |
Between 2020 and 2024, reported annual revenue declined from $611K to $397K (-35%), with total assets most recently reported at $1.4M.
Interactive year-over-year charts and full filing details available with membership.