Michigan First Credit Union
To be the only financial institution for our members.
Michigan First Credit Union at a glance
In short: Michigan First Credit Union gave $105K across 1 grant in 2024 (avg $105K), mostly in Michigan. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $105,000
- -14.6% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $105,000
- -14.6% vs 2023
- Median grant
- $105,000
- Total assets
- $1,471,891,427
- -2.6% vs 2023
- Primary geography
- Michigan (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Michigan First Credit Union funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Michigan First Foundation Inc ($105K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $100–250K range: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $80K (2022) to $123K (2023). In 2024 it made 1 grant totaling $105K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Michigan First Foundation Inc Lathrup Village, MI | To assist the foundation in supporting community agencies and organizations and to provide scholarships to students | $105,000 |
Ready to take the next step with Michigan First Credit Union?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,471,891,427 | $136,429,900 | $119,530,646 | $105,000 | 1 | $10,839,132 |
| 2023 | $1,510,727,460 | $123,630,180 | $106,203,052 | $123,000 | 1 | $10,259,562 |
| 2022 | $1,481,564,249 | $108,549,762 | $92,866,847 | $80,000 | 1 | $5,785,135 |
| 2021 | $1,483,110,437 | $103,646,862 | $80,887,338 | — | — | $3,041,249 |
| 2020 | $1,328,820,354 | $92,452,995 | $81,796,863 | — | — | $3,068,896 |
About Michigan First Credit Union
Based on IRS filings
Michigan First Credit Union is a public charity, based in Lathrup Village, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5B in total assets. In 2024, it awarded 1 grant totaling $105K. Net investment income was $10.8M.
Leadership & Key People
Officers and directors from IRS filings
Michigan First Credit Union is led by Jennifer Borowy, Chief Executive Officer since 2022 (on filings since 2020); 16 of 25 officers listed in 2024 are compensated.
Officers on the 2024 filing
Jennifer Borowy
Chief Executive Officer
Chief Operations Officer → Chief Executive Officer, 2022
On filings since 2020
50 hrs/week
$254K (2020) → $673K (2024)
Linda Height
Chairperson
Chair → Board Chairperson, 2022
Board Chairperson → Chairperson, 2024
On filings since 2020
1 hr/week
No compensation reported
Larry Rice
Senior Director of It Service Del
Director of It Service Delivery → Director of It Service Del, 2023
Director of It Service Del → Senior Director of It Service Del, 2024
On filings since 2020
45 hrs/week
$193K (2020) → $243K (2024)
Donna Vandervries
Director
On filings since 2020
1 hr/week
No compensation reported
Ines De Jesus
Director
On filings since 2020
1 hr/week
No compensation reported
David Turner
Director
New on the 2024 filing
1 hr/week
No compensation reported
Jalen Jennings
Director
New on the 2024 filing
1 hr/week
No compensation reported
Larry Freeman
Director
New on the 2024 filing
1 hr/week
No compensation reported
Diego Arteaga Arcila
Mortgage Loan Officer
On filings since 2020
40 hrs/week
$428K (2020) → $263K (2024)
Gerald Bettens
Chief Information Officer
On filings since 2020
50 hrs/week
$289K (2020) → $361K (2024)
Janet Barden
Chief Financial Officer
On filings since 2020
50 hrs/week
$53K (2020) → $316K (2024)
Matthew West
Mortgage Loan Officer
On filings since 2020
40 hrs/week
$577K (2020) → $365K (2024)
Daniel Sugg
Chief Mortgage Officer
On filings since 2021
50 hrs/week
$464K (2021) → $494K (2024)
Andrew Towne
Mortgage Loan Officer
Mortgage Branch Manager → Mortgage Loan Officer, 2024
On filings since 2022
45 hrs/week
$225K (2022) → $193K (2024)
Delonaka Edwards
Chief Operations Officer
On filings since 2022
50 hrs/week
$183K (2022) → $286K (2024)
Dongchan Vu
Senior Software Engineering Manager
Software Engineering Manager → Software Engineering Manag, 2023
Software Engineering Manag → Senior Software Engineering Manager, 2024
On filings since 2022
45 hrs/week
$178K (2022) → $193K (2024)
Brian McCown
Assistant Vice President & Mortgage Operations
On filings since 2023
45 hrs/week
$248K (2023) → $245K (2024)
Clifford Murray
Assistant Vice President & Payment Solutions
On filings since 2023
45 hrs/week
$159K (2023) → $165K (2024)
Jennifer Glenfield
Chief Marketing Officer
On filings since 2023
50 hrs/week
$290K (2023) → $325K (2024)
Patricia Jones
Chief Human Resources Officer
On filings since 2023
50 hrs/week
$603K (2023) → $357K (2024)
Susan Postemski
Chief Data Analytics Officer
On filings since 2023
50 hrs/week
$305K (2023) → $695K (2024)
Jeff Fitrzyk
Chief Lending Officer
New on the 2024 filing
50 hrs/week
$321K (2024)
Dandridge Floyd
Treasurer
Director → Treasurer, 2024
On filings since 2020
1 hr/week
No compensation reported
Deirdre Scott
Vice Chairperson
Vice Chair → Vice Chairperson, 2022
On filings since 2020
1 hr/week
No compensation reported
Nadine Tibbs-Stallworth
Secretary
On filings since 2020
1 hr/week
No compensation reported
Former officers (12)
- Former: Jeffrey Fitrzyk (2020–2023) — Chief Lending Officer
- Former: Mike Hohf (2020–2023) — Treasurer
- Former: Sheila Anderson (2020–2023) — Director
- Former: Luis Cely (2022–2023) — Director
- Former: Mary Alfaro (2023) — Director of Risk Management
- Former: Michael Poulos (2020–2022) — Chief Executive Officer
- Former: Anthony Selhost (2020–2021) — Mortgage Loan Officer
- Former: Richard Lemoyne (2020–2021) — Director
- Former: Michael Bennett (2021) — Mortgage Loan Officer
- Former: Dan Sugg (2020) — Chief Mortgage Officer
- Former: Melissa Espinoza (2020) — Chief Financial Officer
- Former: Theodore Lyons (2020) — Mortgage Branch 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 $695K, to Susan Postemski (Chief Data Analytics Offic). 16 officers or directors reported compensation on that filing.
Frequently asked questions about Michigan First Credit Union
How much does Michigan First Credit Union give each year?
Michigan First Credit Union gave $105K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $123K across 1 grant.
How large is Michigan First Credit Union?
Michigan First Credit Union reported $1.5B in total assets on its 2024 IRS Form 990. Its revenue that year was $136.4M.
Where does Michigan First Credit Union operate?
Michigan First Credit Union has awarded grants in Michigan.
What is Michigan First Credit Union's EIN?
Michigan First Credit Union's EIN (Employer Identification Number) is 38-0481580. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 2, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 7, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 1, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Michigan First Credit Union's focus areas in our free grants database
Similar Funders
Similar funders in Michigan
WK Kellogg Foundation
Battle Creek, MI
The W.K. Kellogg Foundation funds work to help children, families, and communities thrive, including early education, health equity, food systems, family economic well-being, and racial equity. In 2025, its grants ranged from $50 to nearly $5 million, with a median of $100,000; it funds across the United States, with long-term commitments in several states and communities, as well as parts of Mexico and Haiti. It accepts unsolicited proposals online at any time.
Assets
$481.0M
Grants
1,818
Total Given
$303.9M
Community Foundation for Southeast Michigan
Detroit, MI
The Community Foundation for Southeast Michigan funds nonprofits working in economic opportunity, health equity, youth and education, arts and culture, and public space and the environment across seven southeast Michigan counties. Its 2024 grants had a median of $25,000, though awards varied widely; organizations begin with a brief proposal, and selected applicants are invited to submit a full application.
Assets
$1.2B
Grants
938
Total Given
$105.1M
Charles Stewart Mott Foundation
Flint, MI
The Charles Stewart Mott Foundation funds nonprofits working in civil society, youth engagement, environmental sustainability, and Flint-area community development, in Flint and communities around the world. Its 2024 grants had a median of $55,000, though awards ranged widely; it does not accept unsolicited funding requests and supports preselected organizations.
Assets
$3.8B
Grants
834
Total Given
$166.4M
The Kresge Foundation
Troy, MI
The Kresge Foundation funds nonprofit operations, projects, and planning across arts and culture, education, environment, health, human services, and community development, with a focus on equity and opportunity in U.S. cities—especially Detroit, Memphis, New Orleans, and Fresno. Its 2024 grants ranged from $150 to $5 million, with a median of $140,000. Program teams most often invite applicants, though some programs issue open calls or RFPs; unsolicited requests are not described as generally accepted.
Assets
$4.0B
Grants
800
Total Given
$170.0M
DTE Energy Foundation
Detroit, MI
DTE Energy Foundation funds community transformation, human needs, economic development, education, employment, and environmental initiatives, primarily in Michigan. Its 2024 grants had a median of about $10,000, though amounts ranged from $100 to $1.2 million. Its general application process is invitation-only, but it has offered open calls for specific Michigan programs.
Assets
$129.1M
Grants
442
Total Given
$15.8M
The Skillman Foundation
Detroit, MI
The Skillman Foundation funds Detroit organizations working on education systems change, youth development, and community services that support Detroit youth. Its 2024 grants had a median of $10,000 and ranged from $50 to $500,000; it generally proactively invites partnership applications, though it welcomes connections from organizations and currently accepts applications to its $2,500–$10,000 President’s Discretionary Fund.
Assets
$418.5M
Grants
416
Total Given
$17.8M
More similar funders
More Funders in Michigan
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Michigan First Credit Union's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Michigan First Credit Union down — hundreds of funders to go?