Credit Unions Chartered in the State of logo

Credit Unions Chartered in the State of

BRIGHTON, MI EIN: 38-1250516 Website

MEMBERS WILL UNDERSTAND AND EXPERIENCE THE BENEFITS OF A CREDIT UNION RELATIONSHIP AT A COST JUSTIFIED BY THE RESULTS. MEMBERS HAVE THE CAPABILITY TO EXERCISE CONTROL OVER THEIR FINANCIAL LIVES WHILE SHARING IN THE SUCCESS OF THE ORGANIZATION. (CONT'D ON SCH. O)MEMBERS EXPERIENCE REWARDS OF A MUTUALLY BENEFICIAL RELATIONSHIP BASED ON ADVOCACY AND TRUST RESULTING IN TRUST AND LOYALTY. MEMBERS VALUE THE LINK BETWEEN THEIR BENEFITS AND THEIR OWNERSHIP.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6B

+1.7% YoY

Annual Giving

$349K

+36.4% YoY

Grant Count

22

+10.0% YoY

Avg Grant Size

$16K

+24.0% YoY

About Credit Unions Chartered in the State of

Based on IRS filings

Credit Unions Chartered in the State of is a nonprofit organization, based in BRIGHTON, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6B in total assets. In 2024, it awarded 22 grants totaling $349K. Net investment income was $13.5M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

Ann ArborBrightonDallasDetroitEast LansingGrand HavenHowellJensionLansingLivoniaMadisonMuskegonOak ParkOaklandPontiacRosemontSalineSan FranciscoSouthfieldYpsilanti

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$40M$81M$121M$161M20202021202220232024
Metric202420232022
Total Assets$2,640,189,205$2,596,794,878$2,583,730,909
Revenue$146,404,003$121,931,528$102,003,770
Expenses$135,151,985$111,804,935$89,545,899
Qualifying Distributions
Net Investment Income$13,489,709$11,351,340$6,374,937
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$91K$181K$272K$363K10 grants202015 grants202120 grants202220 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LAKE TRUST CREDIT UNION …$100KDOWNTOWN LANSING INC$42KGREATER BRIGHTON AREA CH…$18KGLEANERS COMMUNITY FOOD …$17KALLEN NEIGHBORHOOD CENTER$14KGREATER LANSING AREA MLK…$13KTHE SALVATION ARMY$13KMICHIGAN CHAMBER FOUNDAT…$12KLACASA$10KCHADTOUGH DEFEAT DIPG FO…$10K

Grant Size Distribution

87 grants across all recorded years

82<$50K1$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

3 open opportunities from Credit Unions Chartered in the State of

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

DAVID SNODGRASSCEO AND PRESIDENT$1.0MKARA STUEWEEVP CHIEF FINANCIAL OFFICER$316KKRASSIMIR KASSBOVEVP CHIEF STRATEGY OFFICER$297KRAZI QADRIEVP CHIEF INFO & OPS OFFICER$287KTHERESA DUBIELEVP CHIEF MEMBER EXPERIENCE …$271KOMARI BOONEEVP GENERAL COUNSEL CRO$267KBRANDALYNN WINCHESTE…EVP CHIEF PEOPLE & PURPOSE O…$252KDAVID MORGANEVP CHIEF LENDING OFFICER$250KAARON SEYBERTDIRECTOR$12KKATHRYN RUSAKSECRETARY$11KJAMIE SCHRINERDIRECTOR$7KSHANE LOVELLETTEDIRECTOR$5KMONICA MARTINEZDIRECTOR$4KPHILIP SANTERDIRECTOR$4KDENNIS TOCHMANDIRECTOR$2KJAMES BARNESDIRECTOR$2KMICHAEL SOLOCHAIRPERSON$1KRICK LABERDIRECTOR$675

From 2024 filing

NameTitleHoursCompensation
AARON SEYBERTDIRECTOR4$11,633
KATHRYN RUSAKSECRETARY5$11,193
JAMIE SCHRINERDIRECTOR4$7,464
SHANE LOVELLETTEDIRECTOR4$5,333
MONICA MARTINEZDIRECTOR4$3,980
PHILIP SANTERDIRECTOR4$3,810
DENNIS TOCHMANDIRECTOR4$1,890
JAMES BARNESDIRECTOR4$1,596
MICHAEL SOLOCHAIRPERSON10$1,115
RICK LABERDIRECTOR4$675
RAY SEIDLTREASURER10
JULIE BONNER-HEINEVICE CHAIRPERSON4
DAVID SNODGRASSCEO AND PRESIDENT40$1,002,892
KARA STUEWEEVP CHIEF FINANCIAL OFFICER40$316,280
OMARI BOONEEVP GENERAL COUNSEL CRO40$266,569
RAZI QADRIEVP CHIEF INFO & OPS OFFICER40$286,522
KRASSIMIR KASSBOVEVP CHIEF STRATEGY OFFICER40$296,649
THERESA DUBIELEVP CHIEF MEMBER EXPERIENCE OFFICER40$271,158
DAVID MORGANEVP CHIEF LENDING OFFICER40$250,325
BRANDALYNN WINCHESTER-MIDDLEBROOKEVP CHIEF PEOPLE & PURPOSE OFFICER40$252,042

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

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