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 9 reported grant relationships connected to this organization totaling approximately $367K.

EIN: 386066911 ROYAL OAK, MI Latest filing: 2024
Total Revenue$397K
Total Expenses$312K
Total Assets$1.4M
Grant Records9
Funding Total$367K
Filing Years2020–2024

Mission

COOPERATIVELY EMPOWERING CREDIT UNIONS TO INCREASE FINANCIAL WELL-BEING BY SUPPORTING COMMUNITY ENRICHMENT, FINANCIAL EDUCATION, AND CREDIT UNION DEVELOPMENT INITIATIVES

Sample Grants Received

2024
GENERAL SUPPORT
$15,000
2024
MEMORIAL FUND AND MCUL FOUNDATION, ADVOCACY
$8,000
2024
TO SUPPORT CREDIT UNION DEVELOPMENT INITIATIVES.
$7,500
2022
GENERAL SUPPORT
$260,000

Showing up to 5 of 9 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

GENERAL SUPPORT
$275,000 2 grants
PARTICIPATION IN EDUCATIONAL/LEADERSHIP OPPORTUNITIES FOR MI CU STAFF AND VOLUNTEERS.
$59,250 3 grants
CHARITABLE CONTRIBUTION
$10,000 1 grant
MEMORIAL FUND AND MCUL FOUNDATION, ADVOCACY
$8,000 1 grant
DONATION TO COOPERATIVE
$7,500 1 grant

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.

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