Credit Unions Chartered in the State of Michigan
The mission of members first credit union is encouraging a better tomorrow. We deliver on this mission by being trustworthy, caring, and enthusiastic. We empower our people in their journey of wellbeing. We believe in purpose, belonging, and joy; when our people find this in their work and the people they work with, amazing things happen.
Key facts about Credit Unions Chartered in the State of Michigan
In short: Credit Unions Chartered in the State of Michigan gave $50K across 3 grants in 2024 (avg $17K), mostly in Michigan. Source: 2024 IRS Form 990.
- EIN
- 38-1489454
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $50,000
- Grants made (2024)
- 3
- Average grant
- $16,667
- Median grant
- $20,000
- Total assets
- $850,578,095
- Primary geography
- Michigan (100% of itemized 2024 grant dollars)
- Next open deadline
- October 15, 2026 (Joy in Teaching Grants)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$850.6M
+2.8% YoY
Annual Giving
$50K
-17.2% YoY
Grant Count
3
-57.1% YoY
Avg Grant Size
$17K
+93.3% YoY
About Credit Unions Chartered in the State of Michigan
Based on IRS filings
Credit Unions Chartered in the State of Michigan is a public charity, based in Midland, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $850.6M in total assets. In 2024, it awarded 3 grants totaling $50K. Net investment income was $5.3M.
Open Grants
3 open opportunities from Credit Unions Chartered in the State of Michigan
Joy in Teaching Grants
Credit Unions Chartered in the State of Michigan
Amount
$500
Deadline
Expected ~October
Based on past cycles
Joy in Teaching Grants
Credit Unions Chartered in the State of Michigan
Amount
$500 per grant
Deadline
Deadline not published
Members First Scholarships
Credit Unions Chartered in the State of Michigan
Amount
$10,000 total ($2,500 per recipient)
Deadline
Deadline not published
Ready to take the next step with Credit Unions Chartered in the State of Michigan?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $10K (2022) to $60K (2023). In 2024 it made 3 grants totaling $50K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Affordable Housing Alliance ($20K). Together the top 3 received $50K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Affordable Housing Alliance Midland, MI | To support the ogranization mission of affordable housing for individuals in need | $20,000 |
| Midland Soccer Club Midland, MI | To support youth sports, teamwork, and healthy lifestyle for children and families in the community | $20,000 |
| Midland Center for the Arts Midland, MI | To support arts education, cultural rpograms, and community events that enrich the lives of local families | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $850,578,095 | $827,697,863 | $814,371,674 |
| Revenue | $62,164,036 | $54,322,500 | $44,711,143 |
| Expenses | $59,767,012 | $51,839,473 | $39,920,308 |
| Net Investment Income | $5,344,686 | $3,934,694 | $3,761,057 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 3, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Credit Unions Chartered in the State of Michigan is led by Carrie Iafrate, CEO since 2024 (on filings since 2020); 11 of 19 officers listed in 2024 are compensated.
Officers on the 2024 filing
Carrie Iafrate
CEO
Executive Vice President → President & CEO, 2022
President & CEO → CEO, 2024
On filings since 2020
40 hrs/week
$214K (2020) → $390K (2024)
Robert Cooper
Chairperson
On filings since 2020
4 hrs/week
No compensation reported
Grant Murschel
Director
On filings since 2021
4 hrs/week
No compensation reported
Joseph Kreusch
Director
On filings since 2023
4 hrs/week
No compensation reported
Renee Deckrow
Director
On filings since 2023
4 hrs/week
No compensation reported
Erin Strang
Director
New on the 2024 filing
4 hrs/week
No compensation reported
Amy Garver
COO
Vice President of Operations → COO, 2022
On filings since 2020
40 hrs/week
$131K (2020) → $221K (2024)
Kelly Kammer
Vice President Risk Management
Vice President of Risk Management → Vice President Risk Management, 2024
On filings since 2020
40 hrs/week
$114K (2020) → $160K (2024)
Tamara McGovern
CFO
Vice President → CFO, 2021
On filings since 2020
40 hrs/week
$125K (2020) → $331K (2024)
Marcie Long
Cpso
Cso → Cpso, 2024
On filings since 2022
40 hrs/week
$172K (2022) → $221K (2024)
Reid Lundeen
Vice President Lending
Vice President of Lending → Vice President Lending, 2024
On filings since 2022
40 hrs/week
$144K (2022) → $138K (2024)
Bethany Dutcher
Vice President Marketing
On filings since 2023
40 hrs/week
$139K (2023) → $159K (2024)
Everett Peterson
Vice President Technology
On filings since 2023
40 hrs/week
$118K (2023) → $133K (2024)
John Pepmeier
Vice President Finance
On filings since 2023
40 hrs/week
$169K (2023) → $182K (2024)
Nicholas Groulx
Vice President Channel Delivery
On filings since 2023
40 hrs/week
$163K (2023) → $172K (2024)
Noelle Robinson
Vice President Culture & Employee Development
On filings since 2023
40 hrs/week
$116K (2023) → $128K (2024)
David Thompson
Treasurer
Director → Treasurer, 2021
On filings since 2020
4 hrs/week
No compensation reported
Kevin Brott
Vice Chairperson
Vice Chairperson → Director, 2021
Director → Vice Chairperson, 2024
On filings since 2020
4 hrs/week
No compensation reported
Jenni Bush
Secretary
Secretary → Director, 2022
Director → Secretary, 2023
On filings since 2021
4 hrs/week
No compensation reported
Former officers (15)
- Former: Clare Taylor Jr. (2020–2023) — Director
- Former: Robert Lancaster (2020–2023) — Vice Chairperson
- Former: Nita Haas (2022–2023) — Real Estate Lending Leader
- Former: Anna Zielinski (2020–2022) — Executive Vice President
- Former: Doug Todd (2020–2022) — Director
- Former: Eric Brubaker (2020–2022) — Former President & CEO
- Former: Gary Schenk (2020–2022) — Director
- Former: Pamela Ayers (2020–2022) — Vice President of Lending
- Former: Cassandra Chasnis (2021–2022) — Technology Director
- Former: Kristen Walters (2022) — Human Resources Director
- Former: Trish Ross (2021) — Vice President of Marketing
- Former: Charles Otto (2020) — Vice President of Finance
- Former: Elizabeth Christiansen (2020) — Director
- Former: George Yost (2020) — Secretary
- Former: Rob Liebknecht (2020) — Commercial Services Manager
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $390K, to Carrie Iafrate (CEO). 11 officers or directors reported compensation on that filing.
Frequently asked questions about Credit Unions Chartered in the State of Michigan
How much does Credit Unions Chartered in the State of Michigan give each year?
Credit Unions Chartered in the State of Michigan gave $50K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $60K across 7 grants.
What is Credit Unions Chartered in the State of Michigan's typical grant size?
Credit Unions Chartered in the State of Michigan's median grant in 2024 was $20,000, and its average grant was $16,667, across 3 grants on its 2024 IRS Form 990.
Where does Credit Unions Chartered in the State of Michigan give grants?
Credit Unions Chartered in the State of Michigan gives mostly in Michigan: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Midland, MI (3 grants).
Does Credit Unions Chartered in the State of Michigan give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Credit Unions Chartered in the State of Michigan's 2024 IRS Form 990 were described as general or operating support.
How large is Credit Unions Chartered in the State of Michigan?
Credit Unions Chartered in the State of Michigan reported $850.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $62.2M.
What is Credit Unions Chartered in the State of Michigan's EIN?
Credit Unions Chartered in the State of Michigan's EIN (Employer Identification Number) is 38-1489454. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Credit Unions Chartered in the State of Michigan by hand.
Explore Open Grants
Browse active grant opportunities in Credit Unions Chartered in the State of Michigan's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Midland Area Community Foundation
Midland, MI
The Midland Area Community Foundation funds nonprofits, educational institutions, and government entities serving Midland County, across areas including economic development, education, human services, arts, recreation, and the environment. Its broad Community Investment Grants consider requests up to $60,000; recent grants had a median of about $15,000. It provides an online application for listed grant opportunities, so unsolicited applications are accepted through those opportunities.
Assets
$150.6M
Grants
118
Total Given
$5.0M
The Patricia and David Kepler Foundation
Wilmington, DE
The foundation supports charitable organizations across arts and humanities, community services, public policy, disability rights, and other causes, with recent giving concentrated in Midland, Michigan. Its 2024 grants ranged from $1,500 to $125,000, with a median of $10,000; most grant dollars went to Michigan, with smaller amounts to Illinois and Washington, D.C. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$1.5M
Grants
11
Total Given
$329K
Harry a and Margaret D Towsley
Ann Arbor, MI
The foundation supports 501(c)(3) organizations working in education, health and human services, civic and community work, arts and culture, and environmental stewardship, primarily in Michigan. Its 2025 grants ranged from $1,000 to $269,500, with a median of $20,000 in filings. Organizations apply through its website’s electronic form; it does not state whether unsolicited requests are accepted.
Assets
$50.8M
Grants
111
Total Given
$3.8M
Michigan Association of United Ways Inc
Lansing, MI
Michigan Association of United Ways supports Michigan’s health and human services sector, primarily through statewide collaboration and grants to Local United Ways and related community work. Its 2024 grants averaged about $5,764, though giving varied substantially by year; the profile does not state whether it accepts unsolicited requests.
Assets
$1.9M
Grants
0
Total Given
$14K
McLaren Bay Region
Bay City, MI
Mclaren health care, through its subsidiaries, will be Michigan's best value in healthcare as defined by quality outcomes and cost.
Assets
$422.1M
Grants
2
Total Given
$25K
Comerica Charitable Foundation
Cincinnati, OH
The Comerica Charitable Foundation supports economic and community development, education, human services, and equity, primarily through regional, state, and local organizations in Texas, Michigan, California, Arizona, and Florida. In 2025, its four grants ranged from $5,000 to $3,364,120, with a median of $142,250. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$2.9M
Grants
4
Total Given
$3.7M
Mymichigan Health
Midland, MI
Creating healthy communities - together
Assets
$1.7B
Grants
9
Total Given
$105K
Bill and Linda Stavropoulos Family Foundation
Naples, FL
The foundation funds education, arts and cultural organizations, and community support, with 2024 grants going to organizations in Indiana, Michigan, New York, and Florida. Grants ranged from $250 to $1 million, with a median of $5,250. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$10.7M
Grants
24
Total Given
$2.0M
The Doan Family Foundation
Midland, MI
The Doan Family Foundation supports a range of Michigan organizations, including those focused on education, youth and family services, and community programs. Its 2025 grants ranged from $50 to $15,000, with a median of $2,250. It accepts requests by letter with a brief project description; the listed deadline is May 1.
Assets
$1.4M
Grants
26
Total Given
$98K
Consumers Energy Foundation
Jackson, MI
Consumers Energy Foundation funds Michigan projects focused on basic needs, education and workforce readiness, environmental protection, economic development, neighborhood revitalization, and arts and culture, mainly in Lower Peninsula communities served by Consumers Energy. Its 2024 grants ranged from $100 to $500,000, with a median of $5,000; its 2026 Community Impact program offers up to $20,000 per project. The profile does not state whether it accepts unsolicited requests.
Assets
$67.1M
Grants
296
Total Given
$7.5M
The Ludington Family Foundation
Sanford, MI
Assets
$728K
Grants
28
Total Given
$30K
Heart of West Michigan United Way
Grand Rapids, MI
Heart of West Michigan United Way funds local nonprofit programs and partnerships addressing poverty through financial security, health, and youth opportunity. Its 2025 grants ranged from $5,217 to $726,531, with a median of $20,000; its investment area is Allegan, Kent, and Ottawa counties in Michigan. The 2026–2029 application cycle is closed; the profile does not state whether unsolicited requests are accepted.
Assets
$33.7M
Grants
118
Total Given
$5.2M
More Funders in Michigan
Credit Unions Chartered in the State of Michigan down — hundreds of funders to go?