CLINTON TOWNSHIP, MI
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)MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION, founded in 1954, is a major nonprofit that reported $201.6M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $177.1M left a modest 12% surplus.
FOUNDED BY EDUCATORS, MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION HAS BEEN PROVIDING QUALITY FINANCIAL SERVICES FOR 70 YEARS AND WELCOMES EVERYONE IN MICHIGAN TO BANK WITH US. AS A NOT-FOR-PROFIT, WE GIVE BACK TO OUR MEMBERS THROUGH BETTER RATES, FEWER FEES, FREE FINANCIAL EDUCATION, GRANTS, SCHOLARSHIPS, AND COMMUNITY SUPPORT. WE WORK WITH OUR MEMBERS TO PERSONALIZE PLANS AND OFFER PRODUCTS AND SERVICES TO HELP MEET THEIR FINANCIAL GOALS AND INCREASE THEIR FINANCIAL KNOWLEDGE. MSGCU OFFERS A FULL RANGE OF LOAN, DEPOSIT, CHECKING, CREDIT CARD, MORTGAGE, AND INSURANCE PRODUCTS. WITH 22 BRANCHES IN MACOMB, OAKLAND, WAYNE AND WASHTENAW COUNTIES, MSGCU HAS MORE THAN 152,000 MEMBERS, OVER 455 TEAM MEMBERS, $3.9 BILLION IN ASSETS, AND EARNED A 95% OR HIGHER MEMBER SATISFACTION RATING FOR OVER 20 YEARS. MSGCU HAS ALSO EARNED FIVE STARS, AS REPORTED BY BAUER FINANCIAL, FOR MORE THAN 30 YEARS, AND HAS BEEN HONORED AS A TOP WORKPLACE BY THE DETROIT FREE PRESS FOR THE PAST 12 YEARS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $201,599,156 | $159,278,248 | +0.3% |
| Expenses | $177,058,948 | $139,729,726 | +0.3% |
| Net Income | $24,540,208 | $19,548,522 | +0.3% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WILLIAM CAYEN | VICE CHAIRPERSON | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD MAIERLE | DIRECTOR | 1.00 |
Director
|
$3,981 | $0 | $3,981 |
| JAMES MCCANN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TERESA DIMARIA | DIRECTOR | 1.00 |
Director
|
$649 | $0 | $649 |
| EDWARD CALLAGHAN | DIRECTOR | 1.00 |
Director
|
$864 | $0 | $864 |
| RICHARD SHOEMAKER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DOUGLAS SMITH | CHAIRPERSON | 1.00 |
Director
|
$1,076 | $0 | $1,076 |
| CHARLES THOMAS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH ARGIRI | TREASURER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINA AYAR | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| WANDA COOK-ROBINSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE BREWER | PRESIDENT/CEO | 40.00 |
Officer
|
$791,206 | $62,621 | $853,827 |
| PHILIP COOPER | CLO | 40.00 |
Highest
|
$415,111 | $56,343 | $471,454 |
| DEBORAH FAHRNEY | COO | 40.00 |
Highest
|
$433,095 | $59,632 | $492,727 |
| VALLORIE MCBRIDE | CFO | 40.00 |
Highest
|
$289,393 | $40,751 | $330,144 |
| BRYAN WIELGAT | CIO | 40.00 |
Highest
|
$338,563 | $57,089 | $395,652 |
| CHARUMATHI HARI | MORTGAGE CONSULTANT | 40.00 |
Highest
|
$560,739 | $34,332 | $595,071 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $201,599,156 | $177,058,948 | $3,895,584,180 | $24,540,208 |
| 2023 | $159,278,248 | $139,729,726 | $3,633,913,845 | $19,548,522 |
| 2022 | $126,760,665 | $83,153,428 | $3,333,677,668 | $43,607,237 |
| 2020 | $112,129,376 | $86,925,206 | $2,777,350,124 | $25,204,170 |
Compare MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION with other nonprofits in Michigan and across the country.