BAY CITY, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)COPOCO COMMUNITY CREDIT UNION, founded in 1951, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2025. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $6.1M exceeded revenue, resulting in a 132% operating deficit.
IT IS THE MISSION OF THE BOARD OF DIRECTORS AND STAFF OF COPOCO COMMUNITY CREDIT UNION TO PROVIDE EXCELLENCE IN SERVICE, HELPING EACH MEMBER REALIZE THEIR FINANCIAL GOALS AND DREAMS.
THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING SAVINGS, CHECKING, AND CERTIFICATES. COPOCO COMMUNITY CREDIT UNION MERGED ITS ASSETS INTO ELGA CREDIT UNION EFFECTIVE...
THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING SAVINGS, CHECKING, AND CERTIFICATES. COPOCO COMMUNITY CREDIT UNION MERGED ITS ASSETS INTO ELGA CREDIT UNION EFFECTIVE AUGUST 1, 2025. CREDIT UNION DEPOSIT AND LENDING SERVICES FOR THE FORMER MEMBERS OF COPOCO COMMUNITY CREDIT UNION WILL CONTINUE UNDER ELGA CREDIT UNION.
THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS INCLUDING REAL ESTATE, CREDIT CARD, AND VEHICLE. COPOCO COMMUNITY CREDIT UNION MERGED ITS ASSETS INTO ELGA CREDIT UNION EFFECTIVE AUGUST 1...
THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS INCLUDING REAL ESTATE, CREDIT CARD, AND VEHICLE. COPOCO COMMUNITY CREDIT UNION MERGED ITS ASSETS INTO ELGA CREDIT UNION EFFECTIVE AUGUST 1, 2025. CREDIT UNION DEPOSIT AND LENDING SERVICES FOR THE FORMER MEMBERS OF COPOCO COMMUNITY CREDIT UNION WILL CONTINUE UNDER ELGA CREDIT UNION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $2,629,283 | $5,945,099 | -0.6% |
| Expenses | $6,093,352 | $5,377,964 | +0.1% |
| Net Income | $-3,464,069 | $567,135 | -7.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MERI SUE ENGERS | BOD CHAIRPERSON | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER HENNESSY | BOD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH WESPISER | BOD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN TIPPMAN | BOD VICE CHAIRPERSON | 1.00 |
Director
|
$0 | $0 | $0 |
| SEAN KELLY | BOD SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| TREVOR KEYES | BOD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HAROLD MILLER | BOD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RONALD O'CONNOR | SUPERVISORY COMM. CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| KENDRA CHRISTENSEN | COO | 40.00 |
Officer
|
$52,889 | $6,336 | $59,225 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,629,283 | $6,093,352 | No data | $-3,464,069 |
| 2024 | No data | No data | No data | No data |
| 2023 | $4,560,622 | $6,403,314 | $107,996,151 | $-1,842,692 |
| 2022 | $4,868,820 | $4,385,924 | $116,275,135 | $482,896 |
| 2021 | $4,676,289 | $4,507,981 | $120,251,871 | $168,308 |
| 2020 | $4,788,902 | $4,579,518 | $111,491,350 | $209,384 |
| 2019 | $5,174,370 | $4,765,793 | $95,961,879 | $408,577 |
| 2018 | $5,423,306 | $4,743,937 | $96,817,311 | $679,369 |
| 2017 | $5,448,922 | $5,214,893 | $98,435,487 | $234,029 |
Compare COPOCO COMMUNITY CREDIT UNION with other nonprofits in Michigan and across the country.