Michigan Schools and Government Credit
WE ARE A CARING ORGANIZATION DEDICATED TO PROMOTING FINANCIAL SUCCESS FOR OUR MEMBERS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9B
+7.2% YoY
Annual Giving
$24K
+0.0% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$8K
+0.0% YoY
About Michigan Schools and Government Credit
Based on IRS filings
Michigan Schools and Government Credit is a nonprofit organization, based in CLINTON TOWNSHIP, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9B in total assets. In 2024, it awarded 3 grants totaling $24K. Net investment income was $8.8M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,895,584,180 | $3,633,913,845 | $3,333,677,668 |
| Revenue | $201,599,156 | $159,278,248 | $126,760,665 |
| Expenses | $177,058,948 | $139,729,726 | $83,153,428 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $8,790,361 | $7,340,128 | $7,223,982 |
| 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 3 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Oakland Community College Foundation ($8,000), Macomb Community College Foundation ($8,000), Schoolcraft College Foundation ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| OAKLAND COMMUNITY COLLEGE FOUNDATION BLOOMFIELD HILLS, MI | TO ASSIST IN THE FOUNDATION'S INITIATIVE TO FUND EDUCATIONAL SOLUTIONS SCHOLARSHIPS FOR FIRST RESPONDERS | $8,000 |
| MACOMB COMMUNITY COLLEGE FOUNDATION WARREN, MI | TO ASSIST IN THE FOUNDATION'S INITIATIVE TO FUND EDUCATIONAL SOLUTIONS SCHOLARSHIPS FOR FIRST RESPONDERS | $8,000 |
| SCHOOLCRAFT COLLEGE FOUNDATION LIVONIA, MI | TO ASSIST IN THE FOUNDATION'S INITIATIVE TO FUND EDUCATIONAL SOLUTIONS SCHOLARSHIPS FOR FIRST RESPONDERS | $8,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM CAYEN | VICE CHAIRPERSON | 1 | — |
| RICHARD MAIERLE | DIRECTOR | 1 | $3,981 |
| JAMES MCCANN | DIRECTOR | 1 | — |
| TERESA DIMARIA | DIRECTOR | 1 | $649 |
| EDWARD CALLAGHAN | DIRECTOR | 1 | $864 |
| RICHARD SHOEMAKER | DIRECTOR | 1 | — |
| DOUGLAS SMITH | CHAIRPERSON | 1 | $1,076 |
| CHARLES THOMAS | DIRECTOR | 1 | — |
| ELIZABETH ARGIRI | TREASURER | 1 | — |
| CHRISTINA AYAR | SECRETARY | 1 | — |
| WANDA COOK-ROBINSON | DIRECTOR | 1 | — |
| STEVE BREWER | PRESIDENT/CEO | 40 | $791,206 |
| PHILIP COOPER | CLO | 40 | $415,111 |
| DEBORAH FAHRNEY | COO | 40 | $433,095 |
| VALLORIE MCBRIDE | CFO | 40 | $289,393 |
| BRYAN WIELGAT | CIO | 40 | $338,563 |
| CHARUMATHI HARI | MORTGAGE CONSULTANT | 40 | $560,739 |
Frequently Asked Questions
How large is Michigan Schools and Government Credit?
As of 2024, Michigan Schools and Government Credit holds $3.9B in total assets with $201.6M in annual revenue. It awarded 3 grants totaling $24K in 2024.
Where does Michigan Schools and Government Credit operate?
Michigan Schools and Government Credit has awarded grants in Michigan.
What size grants does Michigan Schools and Government Credit award?
In 2024, Michigan Schools and Government Credit awarded 3 grants totaling $24K — an average of about $8K per grant, based on its IRS Form 990 filings.
What is Michigan Schools and Government Credit's EIN?
Michigan Schools and Government Credit's EIN (Employer Identification Number) is 38-1629793. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Michigan Schools and Government Credit'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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