CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

EIN: 381464920

ANN ARBOR, MI

Total Revenue
$84,989,667
Total Expenses
$77,297,519
Total Assets
$1,410,845,896
Net Assets
$151,234,008
🔒

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
1954
Legal Domicile
MI
Principal Officer
DEANNE RAMOS
Phone
7346628200
Tax Period
2025-01-01 to 2025-12-31

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN, founded in 1954, is a mid-sized nonprofit that reported $85.0M in total revenue in fiscal year 2025. Revenue decreased 5% compared to the prior year. Expenses of $77.3M left a modest 9% surplus.

Mission

TO PROVIDE FINANCIAL SERVICES TO MEMBER OWNERS WITH A COMMON BOND.

🔒

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 $0
Program Service Revenue $78,499,098
Investment Income $5,652,886
Other Revenue $837,683
TOTAL REVENUE $84,989,667

Expense Breakdown

Grants Paid $10,000
Salaries & Benefits $26,604,464
Fundraising Expenses $0
Other Expenses $50,683,055
TOTAL EXPENSES $77,297,519

Year-over-Year Comparison

2025 2024 Change
Revenue $84,989,667 $89,479,393 -0.1%
Expenses $77,297,519 $68,108,376 +0.1%
Net Income $7,692,148 $21,371,017 -0.6%
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
9
Independent Members
9
Employees
272
Volunteers
10

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
2
$1,854,955
Total Directors
9
$0
Key Employees
5
$1,679,497
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EARL BELL CHAIRPERSON 3.00
Director
$0 $0 $0
LUKELAND GENTLES VICE CHAIRPERSON 3.00
Director
$0 $0 $0
KAREN PARKER SECRETARY 3.00
Director
$0 $0 $0
VICTORIA BENNETT TREASURER 3.00
Director
$0 $0 $0
FRANK CIANCIOLA DIRECTOR 3.00
Director
$0 $0 $0
BENJIE JOHNSON DIRECTOR 3.00
Director
$0 $0 $0
MARY KRASNY DIRECTOR 3.00
Director
$0 $0 $0
JAMES MIDDLEMAS DIRECTOR 3.00
Director
$0 $0 $0
QUINTA VREEDE DIRECTOR 3.00
Director
$0 $0 $0
TIFFANY FORD CEO 40.00
Officer
$1,452,971 $19,000 $1,471,971
DEANNE RAMOS CHIEF FINANCIAL OFFICER 40.00
Officer
$345,467 $37,517 $382,984
DONNA DICKERSON DOLEMAN CHIEF MARKETING OFFICER 40.00
Key Emp
$344,109 $48,255 $392,364
PATRICIA KEENE CHIEF HUMAN RESOURCES OFFICER 40.00
Key Emp
$284,848 $21,347 $306,195
XIANG WU CHIEF TECHNOLOGY OFFICER 40.00
Key Emp
$265,486 $32,570 $298,056
TINA HAMILTON CHIEF LENDING OFFICER 40.00
Key Emp
$273,127 $24,907 $298,034
MARCUS ENGLISH CHIEF OPERATIONS OFFICER 40.00
Key Emp
$347,331 $37,517 $384,848
JOSEPH LOUIS-FERDINAND IT MANAGER 40.00
Highest
$161,550 $29,179 $190,729
MINAL KAMAT VP OF BRANCH OPERATIONS 40.00
Highest
$196,743 $35,294 $232,037
ERICA BOTKA VP OF TALENT 40.00
Highest
$203,515 $15,184 $218,699
BRITTANY ZIELINSKI VP OF BRANCH OPERATIONS 40.00
Highest
$178,298 $19,378 $197,676
RASHMI HURST AVP OF BRAND AND MARKETING 40.00
Highest
$175,027 $32,020 $207,047
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 $84,989,667 $77,297,519 $1,410,845,896 $7,692,148
2024 $89,479,393 $68,108,376 $1,353,392,856 $21,371,017
2023 $64,479,602 $56,414,136 $1,357,882,173 $8,065,466
2022 $52,711,293 $44,293,607 $1,361,434,664 $8,417,686
2021 $50,830,621 $40,566,834 $1,323,805,807 $10,263,787
2020 $47,053,855 $41,897,968 $1,187,983,058 $5,155,887
2019 $50,417,594 $41,139,734 $953,301,122 $9,277,860
2018 $45,510,697 $35,391,811 $907,339,037 $10,118,886
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN with other nonprofits in Michigan and across the country.