Credit Unions Chartered In The State Of Michigan, 519 Rome Credit Union in Royal Oak, Michigan (MI)

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Credit Unions Chartered In The State Of Michigan, 519 Rome Credit Union
Employer Identification Number (EIN)381583804
Name of OrganizationCredit Unions Chartered In The State Of Michigan
Secondary Name519 Rome Credit Union
Address1709 Crooks Rd, Royal Oak, MI 48067-1306
ActivitiesLoans or credit reporting, Other services or benefits to members or employees
SubsectionCredit Union
Ruling Date10/1956
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Tax Period12/2012
Assets$10,000,000 to $49,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$18,915,994
Amount of Income$580,639
Form 990 Revenue Amount$580,639


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$580,639
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$387,299
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$181,776
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$11,564
Statement of Functional Expenses (for 2012)
Total functional expenses$610,408
Compensation of current officers, directors, trustees, and key employees$70,352
Other salaries and wages$140,892
Payroll taxes$19,651
Professional fundraising services$0
Other$379,513
Balance Sheet (for 2012)
Total assets$18,915,994
Total liabilities$17,880,217
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$17,880,217
Total net assets or fund balances$1,035,777
Retained earnings, endowment, accumulated income, or other funds$1,035,777
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
SubordinateCredit Unions Chartered In The State Of Michigan, 82 Communicating Arts Credit UnionPO BOX 32584, Detroit, MI 48232-0584MI1956-10$4,775,090
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SubordinateCredit Unions Chartered In The State Of Michigan, 151 Dow Chemical Employees Credit UPO BOX 1649, Midland, MI 48641-1649MI1956-10$330,871,968
SubordinateCredit Unions Chartered In The State Of Michigan, 425 Michigan Schools And Govt Cred40400 Garfield Rd, Clinton Twp, MI 48038-4004MI1956-10$291,747,742
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SubordinateCredit Unions Chartered In The State Of Michigan, 1192 Genisys Credit Union2100 Executive Hills Dr, Auburn Hills, MI 48326-2947MI1956-10$166,427,582
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SubordinateCredit Unions Chartered In The State Of Michigan, 54 Flint Area School Empl Credit U4411 Calkins Rd, Flint, MI 48532-3516MI1956-10$84,880,346
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Number of affiliated organizations
Michigan232
Oklahoma1
Total233

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