COOPERATIVELY EMPOWERING CREDIT UNIONS TO INCREASE FINANCIAL WELL-BEING BY SUPPORTING COMMUNITY ENRICHMENT, FINANCIAL EDUCATION, AND CREDIT UNION DEVELOPMENT INITIATIVES
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+6.4% YoY
Annual Giving
$85K
-33.5% YoY
Grant Count
5
-44.4% YoY
Avg Grant Size
$17K
+19.7% YoY
About Michigan Credit Union Foundation
Based on IRS filings
Michigan Credit Union Foundation is a nonprofit organization focused on Public, Societal Benefit, based in ROYAL OAK, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 5 grants totaling $85K. Net investment income was $65K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,366,786 | $1,284,050 | $1,096,082 |
| Revenue | $396,924 | $432,747 | $347,118 |
| Expenses | $312,316 | $241,548 | $232,516 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $65,069 | $53,027 | $15,894 |
| 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
57 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Metro West Chapter of Credit Unions ($25,241), United Way of Northern New Jersey ($20,000), Elga Credit Union ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PUBLIC SERVICE CREDIT UNION ROMULUS, MI | COMMUNITY ENRICHMENT GRANTS | $10,000 |
| ELGA CREDIT UNION GRAND BLANC, MI | COMMUNITY ENRICHMENT GRANTS | $15,000 |
| MEMBERS FIRST CREDIT UNION MIDLAND, MI | COMMUNITY ENRICHMENT GRANTS | $15,000 |
| UNITED WAY OF NORTHERN NEW JERSEY MORRISTOWN, NJ | COMMUNITY ENRICHMENT GRANTS | $20,000 |
| METRO WEST CHAPTER OF CREDIT UNIONS ROYAL OAK, MI | YOUNG CU PROFESSIONAL DEVELOPMENT SUPPORT | $25,241 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KYLE GURZYNSKI | PRESIDENT | 5 | — |
| DAVE BRANDT | VICE PRESIDENT | 5 | — |
| CHRISSY SIDERS | SECRETARY/TREASURER | 5 | — |
| BRIDGET STAFFILENO | DIRECTOR | 5 | — |
| JENNIFER MARTINES | DIRECTOR | 5 | — |
| DEBI SOUTHWORTH | DIRECTOR | 5 | — |
| JENNIFER WATSON | DIRECTOR | 5 | — |
| KIERAN MARION | DIRECTOR | 5 | — |
| KATE HALL | DIRECTOR | 5 | — |
| DELEANNA ALLEN | DIRECTOR | 5 | — |
| BRENDA LIPPENS | DIRECTOR UNTIL 12/2024 | 5 | — |
| BETH TROOST | FOUNDATION PROJECT MANAGER THRU 9/24 | 30 | — |
| ANDREA TUCKER | EXECUTIVE DIRECTOR | 30 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Michigan Credit Union Foundation?
Michigan Credit Union Foundation is a nonprofit organization focused on Public, Societal Benefit, based in ROYAL OAK, MI. It holds $1.4M in total assets as of 2024.
How large is Michigan Credit Union Foundation?
As of 2024, Michigan Credit Union Foundation holds $1.4M in total assets with $397K in annual revenue. It awarded 5 grants totaling $85K in 2024.
Where does Michigan Credit Union Foundation operate?
Michigan Credit Union Foundation has awarded grants in California, Illinois, Louisiana, Michigan, New Jersey, Wisconsin.
What size grants does Michigan Credit Union Foundation award?
In 2024, Michigan Credit Union Foundation awarded 5 grants totaling $85K — an average of about $17K per grant, based on its IRS Form 990 filings.
What is Michigan Credit Union Foundation's EIN?
Michigan Credit Union Foundation's EIN (Employer Identification Number) is 38-6066911. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Michigan Credit Union Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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