Community Financial Credit Union
COMMUNITY FINANCIAL CREDIT UNION IS A STATE CHARTERED, NOT-FOR-PROFIT, FULL-SERVICE FINANCIAL INSTITUTION OWNED AND GOVERNED BY ITS MEMBERSHIP. AT COMMUNITY FINANCIAL, WE ARE COMMITTED TO OUR MEMBERS AND OUR COMMUNITIES,FOR OVER 70 YEARS. WE'VE PROVIDED OUR MICHIGAN MEMBERS COMPETITIVELY PRICED SAVINGS AND LOAN PRODUCTS, OUTSTANDING SERVICE AND SUPPORT TO THEIR NEIGHBORS.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.6B
-1.0% YoY
Annual Giving
$672K
+23.9% YoY
Grant Count
12
-69.2% YoY
Avg Grant Size
$56K
+302.7% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,579,342,761 | $1,594,945,276 | $1,531,731,546 |
| Revenue | $106,672,065 | $99,983,788 | $68,299,039 |
| Expenses | $106,128,097 | $96,013,609 | $58,544,558 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,379,427 | $4,626,020 | $1,313,989 |
| 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 10 recipients in 2024
Grant Size Distribution
158 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Community Financial Credit Union fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERI KUEHN | BOARD CHAIR | 1 | — |
| DAN HERRIMAN | VICE-CHAIR | 1 | — |
| HEIDI MUSSER | VICE-CHAIR | 1 | — |
| YASIR KHOGALI | TREASURER & SECRETARY | 1 | — |
| PAUL BEDICH | DIRECTOR | 1 | — |
| DENNIS LAVOY | DIRECTOR | 1 | — |
| NED STAEBLER | DIRECTOR | 1 | — |
| JOHNNIE TURNAGE | DIRECTOR | 1 | — |
| ANGELA PEAT | DIRECTOR | 1 | — |
| TANSLEY STEARNS | PRESIDENT/CEO | 40 | $583,005 |
| ELRY ARMAZA | CHIEF OF STAFF | 40 | $297,567 |
| ART BEARD | CHIEF IT OFFICER | 40 | $354,288 |
| SCOTT CAMERON | CHIEF FINANCIAL OFFICER | 40 | $337,912 |
| DANIELLE FRAWLEY | CHIEF GROWTH OFFICER | 40 | $340,300 |
| JILL JOHNSON | CHIEF REVENUE AND LENDING (THRU 05.31.24) | 40 | $473,109 |
| CATHY MEYERS | CHIEF PEOPLE OFFICER | 40 | $325,377 |
| DANIELLE MILNER | CHIEF EXPERIENCE OFFICER | 40 | $295,863 |
| CHRIS CURRY | SVP OPERATIONS AND RISK | 40 | $304,837 |
| MIKE ERFOURTH | VP BUSINESS EXPERIENCE | 40 | $200,650 |
| TOM VARGO | AVP CORE OPERATIONS | 40 | $194,378 |
| JAMES POTTER | INVESTMENT REPRESENTATIVE | 40 | $199,606 |
| LISA MULLEN | SENIOR GENERAL COUNSEL | 40 | $179,333 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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