Best Financial Credit Union
TO INSPIRE, EMPOWER AND IMPROVE THE QUALIFY OF LIFE FOR OUR MEMBERS AND OUR COMMUNITIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$138.7M
-0.2% YoY
Annual Giving
$36K
+40.5% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$7K
+12.4% YoY
About Best Financial Credit Union
Based on IRS filings
Best Financial Credit Union is a nonprofit organization, based in MUSKEGON, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $138.7M in total assets. In 2024, it awarded 5 grants totaling $36K. Net investment income was $791K.
Ready to take the next step with Best Financial Credit Union?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $138,748,886 | $139,035,538 | $137,728,390 |
| Revenue | $9,471,857 | $8,284,218 | $7,151,929 |
| Expenses | $9,301,322 | $7,986,478 | $6,370,309 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $790,544 | $951,111 | $660,919 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHONTAYE WITCHER | CHAIRPERSON | 1 | — |
| DAVID MIERAS | VICE-CHAIRPERSON | 1 | — |
| PAUL HOPPA | SECRETARY | 1 | — |
| TAYLOR ADAMS | BOARD MEMBER | 1 | — |
| JOHN HENDRICKS | BOARD MEMBER | 1 | — |
| TRACEY BANKHEAD | BOARD MEMBER | 1 | — |
| MORGAN RESCORLA | PRESIDENT/CEO | 50 | $239,809 |
| MICHAEL VERSTRAETE | CFO | 50 | $131,861 |
| RANDI SHEFFER | COO | 50 | $122,693 |
| CHARLES RITTER | AGENCY PRINCIPAL | 50 | $126,854 |
Related Funders
Similar funders by location and focus area
Kadant Johnson Inc Scholarship Foun
THREE RIVERS, MI
Assets
—
Grants
3
Total Given
$5K
Thomas W Itin Charitable Trust
KEEGO HARBOR, MI
Assets
—
Grants
11
Total Given
$4K
Robert a Leonard Jr Charitable Trus
SOUTHFIELD, MI
Assets
—
Grants
2
Total Given
$11K
Homer Youth Athletic Association
TEKONSHA, MI
Assets
—
Grants
1
Total Given
$4K
Dr Shanti Swarup & Mrs Chawla Devi
TROY, MI
Assets
—
Grants
9
Total Given
$3K
Bojrab Family Foundation
BLOOMFIELD HILLS, MI
Assets
$185K
Grants
9
Total Given
$27K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Best Financial Credit Union on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities