CREDIT UNION CHARTERED IN MICHIGAN ALPENA COMMUNITY CREDIT UNION

EIN: 381438940

ALPENA, MI

Total Revenue
$1,807,227
Total Expenses
$1,246,472
Total Assets
$34,862,375
Net Assets
$4,681,173
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
MI
Principal Officer
ANDREW AUGUSTYN
Phone
9893564561
Tax Period
2025-01-01 to 2025-12-31

CREDIT UNION CHARTERED IN MICHIGAN ALPENA COMMUNITY CREDIT UNION, founded in 1970, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $561K, a strong 31% operating margin.

Mission

PROVIDE FINANCIAL SERVICES AND PRODUCTS TO MEMBERS.

Program Service Accomplishments

Program 1

THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING SAVINGS, CHECKING, CERTIFICATES AND OTHER. THE TOTAL NUMBER OF MEMBERS AT 12/31/2025 WAS 2,255.

Program 2

THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS INCLUDING REAL ESTATE, CREDIT CARD, VEHICLE AND OTHER. THE TOTAL NUMBER OF LOANS OUTSTANDING AT 12/31/2025 WAS 1,218.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $248,471
Program Service Revenue $1,056,357
Investment Income $495,433
Other Revenue $6,966
TOTAL REVENUE $1,807,227

Expense Breakdown

Grants Paid $0
Salaries & Benefits $574,859
Fundraising Expenses $0
Other Expenses $671,613
TOTAL EXPENSES $1,246,472

Year-over-Year Comparison

2025 2024 Change
Revenue $1,807,227 $2,136,846 -0.2%
Expenses $1,246,472 $1,217,113 +0.0%
Net Income $560,755 $919,733 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
14
Volunteers
6

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JON BENSON DIRECTOR N/A
Director
$0 $0 $0
CRISTIE VAN MASSENHOVE VICE CHAIR N/A
Director
$0 $0 $0
JORDAN REYNOLDS DIRECTOR N/A
Director
$0 $0 $0
GRIFFIN SADDLER DIRECTOR N/A
Director
$0 $0 $0
RYAN SUSZEK CHAIRMAN N/A
Director
$0 $0 $0
CHARLES WIESEN SECRETARY N/A
Director
$0 $0 $0
ANDREW AUGUSTYN CEO/MANAGER N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,807,227 $1,246,472 $34,862,375 $560,755
2024 $2,136,846 $1,217,113 $32,565,733 $919,733
2023 $1,335,568 $1,052,705 $31,615,947 $282,863
2022 $1,034,603 $937,560 $30,369,989 $97,043
2021 $1,009,411 $861,776 $31,445,409 $147,635
2020 $1,001,350 $844,381 $28,012,642 $156,969
2019 $1,043,671 $839,129 $24,272,763 $204,542
2018 $923,673 $753,903 $23,026,481 $169,770
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CREDIT UNION CHARTERED IN MICHIGAN ALPENA COMMUNITY CREDIT UNION with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.