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
No grants recorded for .
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 |
Related Funders
Similar funders by location and focus area
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Assets
—
Grants
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Total Given
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Robert a Leonard Jr Charitable Trus
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Total Given
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Homer Youth Athletic Association
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Assets
—
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Dr Shanti Swarup & Mrs Chawla Devi
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Assets
—
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Total Given
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Bojrab Family Foundation
BLOOMFIELD HILLS, MI
Assets
$185K
Grants
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Total Given
$27K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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