Credit Unions Chartered In The State Of Michigan
Ludington, Michigan
A-Health Score
83A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$236K
Total Revenue
📊
$209K
Total Expenses
🏦
$6.6M
Net Assets
📋
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+61.4%
Year-over-year change (2022 → 2023)
Net Margin
+11.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
31.62
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $235,862↑61% | $209,353↑84% | $6,621,896↓11% | — |
| 2022 | $146,117↓4% | $113,617↑34% | $7,434,062↓8% | — |
| 2021 | $152,920↓12% | $84,571↓25% | $8,063,445↑14% | — |
| 2020 | $174,525↑1% | $112,685↓14% | $7,093,299↑11% | — |
| 2019 | $172,253↑12% | $130,840↑4% | $6,383,032↑8% | — |
| 2018 | $153,296↑8% | $125,647↑20% | $5,918,633↓3% | — |
| 2017 | $142,049↑13% | $104,967↑5% | $6,090,181 | — |
| 2016 | $125,937↓7% | $100,152↑15% | $6,114,347↑6% | — |
| 2015 | $135,962↑19% | $87,456↓1% | $5,744,500↓1% | — |
| 2014 | $114,116↓3% | $87,997↓6% | $5,791,039↓3% | — |
| 2013 | $117,916↓7% | $93,745↑1% | $5,961,780↑3% | — |
| 2012 | $126,690↓18% | $93,098↓19% | $5,801,034↓1% | — |
| 2011 | $154,735 | $115,368 | $5,864,461 | — |
Frequently Asked Questions
What does Credit Unions Chartered In The State Of Michigan do?▼
Credit Unions Chartered In The State Of Michigan is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Credit Unions Chartered In The State Of Michigan financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Credit Unions Chartered In The State Of Michigan.
How much revenue does Credit Unions Chartered In The State Of Michigan generate?▼
Credit Unions Chartered In The State Of Michigan reports $236K in annual revenue and holds $6.6M in total assets, based on IRS filings.
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