Michigan First Credit Union logo

Michigan First Credit Union

LATHRUP VILLAGE, MI EIN: 38-0481580 Website

TO BE THE ONLY FINANCIAL INSTITUTION FOR OUR MEMBERS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5B

-2.6% YoY

Annual Giving

$105K

Grant Count

1

Avg Grant Size

$105K

About Michigan First Credit Union

Based on IRS filings

Michigan First Credit Union is a nonprofit organization, 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 grants totaling $105K. Net investment income was $10.8M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Lathrup Village

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$38M$75M$113M$150M20202021202220232024
Metric202420232022
Total Assets$1,471,891,427$1,510,727,460$1,481,564,249
Revenue$136,429,900$123,630,180$108,549,762
Expenses$119,530,646$106,203,052$92,866,847
Qualifying Distributions
Net Investment Income$10,839,132$10,259,562$5,785,135
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$26K$53K$79K$105K0 grants20200 grants20211 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

MICHIGAN FIRST FOUNDATIO…$105K

Grant Size Distribution

2 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Michigan First Foundation Inc ($105,000).

RecipientPurposeAmount
MICHIGAN FIRST FOUNDATION INC LATHRUP VILLAGE, MITO ASSIST THE FOUNDATION IN SUPPORTING COMMUNITY AGENCIES AND ORGANIZATIONS AND TO PROVIDE SCHOLARSHIPS TO STUDENTS$105,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

SUSAN POSTEMSKICHIEF DATA ANALYTICS OFFIC$695KJENNIFER BOROWYCHIEF EXECUTIVE OFFICER$673KDANIEL SUGGCHIEF MORTGAGE OFFICER$494KMATTHEW WESTMORTGAGE LOAN OFFICER$365KGERALD BETTENSCHIEF INFORMATION OFFICER$361KPATRICIA JONESCHIEF HUMAN RESOURCES OFFI$357KJENNIFER GLENFIELDCHIEF MARKETING OFFICER$325KJEFF FITRZYKCHIEF LENDING OFFICER$321KJANET BARDENCHIEF FINANCIAL OFFICER$316KDELONAKA EDWARDSCHIEF OPERATIONS OFFICER$286KDIEGO ARTEAGA ARCILAMORTGAGE LOAN OFFICER$263KBRIAN MCCOWNAVP, MORTGAGE OPERATIONS$245KLARRY RICESR. DIRECTOR OF IT SERVICE DEL$243KANDREW TOWNEMORTGAGE LOAN OFFICER$193KDONGCHAN VUSR SOFTWARE ENGINEERING MANA…$193KCLIFFORD MURRAYAVP, PAYMENT SOLUTIONS$165K

From 2024 filing

NameTitleHoursCompensation
LINDA HEIGHTCHAIRPERSON1
DEIRDRE SCOTTVICE CHAIRPERSON1
DAVID TURNERDIRECTOR1
NADINE TIBBS-STALLWORTHSECRETARY1
DANDRIDGE FLOYDTREASURER1
DONNA VANDERVRIESDIRECTOR1
INES DE JESUSDIRECTOR1
JALEN JENNINGSDIRECTOR1
LARRY FREEMANDIRECTOR1
JENNIFER BOROWYCHIEF EXECUTIVE OFFICER50$673,330
JENNIFER GLENFIELDCHIEF MARKETING OFFICER50$324,975
JANET BARDENCHIEF FINANCIAL OFFICER50$315,527
DELONAKA EDWARDSCHIEF OPERATIONS OFFICER50$286,242
DANIEL SUGGCHIEF MORTGAGE OFFICER50$493,512
GERALD BETTENSCHIEF INFORMATION OFFICER50$360,949
PATRICIA JONESCHIEF HUMAN RESOURCES OFFI50$356,647
SUSAN POSTEMSKICHIEF DATA ANALYTICS OFFIC50$695,412
JEFF FITRZYKCHIEF LENDING OFFICER50$320,991
BRIAN MCCOWNAVP, MORTGAGE OPERATIONS45$244,543
LARRY RICESR. DIRECTOR OF IT SERVICE DEL45$243,192
MATTHEW WESTMORTGAGE LOAN OFFICER40$365,392
DIEGO ARTEAGA ARCILAMORTGAGE LOAN OFFICER40$263,344
DONGCHAN VUSR SOFTWARE ENGINEERING MANAGER45$192,776
ANDREW TOWNEMORTGAGE LOAN OFFICER45$193,324
CLIFFORD MURRAYAVP, PAYMENT SOLUTIONS45$165,083

Frequently Asked Questions

How large is Michigan First Credit Union?

As of 2024, Michigan First Credit Union holds $1.5B in total assets with $136.4M in annual revenue. It awarded 1 grants totaling $105K in 2024.

Where does Michigan First Credit Union operate?

Michigan First Credit Union has awarded grants in Michigan.

What size grants does Michigan First Credit Union award?

In 2024, Michigan First Credit Union awarded 1 grants totaling $105K — an average of about $105K per grant, based on its IRS Form 990 filings.

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.

Explore Open Grants

Browse active grant opportunities in Michigan First Credit Union'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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