Credit Unions Chartered in the State of Michigan logo

Credit Unions Chartered in the State of Michigan

DEARBORN, MI EIN: 38-1350130 Website

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.7B

+6.4% YoY

Annual Giving

$146K

+21.1% YoY

Grant Count

9

+50.0% YoY

Avg Grant Size

$16K

-19.3% YoY

About Credit Unions Chartered in the State of Michigan

Based on IRS filings

Credit Unions Chartered in the State of Michigan is a nonprofit organization, based in DEARBORN, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.7B in total assets. In 2024, it awarded 9 grants totaling $146K. Net investment income was $85.4M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

DearbornDetroitNew HudsonProvoRochesterShelby TownshipTampa

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$75M$149M$224M$298M20202021202220232024
Metric202420232022
Total Assets$6,661,513,708$6,261,595,415$6,001,741,823
Revenue$270,939,748$237,737,792$179,964,241
Expenses$228,057,335$188,819,360$130,926,227
Qualifying Distributions
Net Investment Income$85,372,324$88,714,346$86,315,907
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$37K$73K$110K$146K4 grants20201 grants20215 grants20226 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

United Shore Professiona…$35KUniversity of Michigan$25KThe Henry Ford$20KThe Children's Foundation$15KGathering LLC$13KHenry Ford Health Systems$13KBess The Books$12KDearborn School Foundation$7KBanazi$7K

Grant Size Distribution

25 grants across all recorded years

25<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

Brad SovaFinancial Consultant$1.6MRyan GoldbergCEO$1.4MJohn FridayFinancial Consultant$613KJack BarrettFlorida Market & Chief CL Of…$573KKeri BoydChief Retail Service Officer$555KJohn Chapel-PearchCFO$554KVince PittiglioCIO$553KPatrick MaherPresident DFCU Financial Par…$510KLouis PetruccoFinancial Consultant$500KBrian MellFinancial Consultant$496K

From 2024 filing

NameTitleHoursCompensation
Brad SovaFinancial Consultant40$1,558,279
Ryan GoldbergCEO40$1,401,942
John FridayFinancial Consultant40$613,388
Jack BarrettFlorida Market & Chief CL Officer40$573,223
Keri BoydChief Retail Service Officer40$554,895
John Chapel-PearchCFO40$553,697
Vince PittiglioCIO40$553,381
Patrick MaherPresident DFCU Financial Partners40$509,697
Louis PetruccoFinancial Consultant40$500,301
Brian MellFinancial Consultant40$495,539
Matt ElseyBoard Treasurer1
Keith MossBoard Member Vice Chair1
Donald TomfordBoard Secretary1
Shirley GhannamBoard Member1
Margaret DimondBoard Member1
Annetta MayBoard Member1
John SinelliBoard Member1
Cama CuretonBoard Member1
James CowperBoard Member Chairperson1

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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