Credit Unions Chartered In The State Of Michigan, 7 Michigan First Credit Union in Lathrup Vlg, Michigan (MI)
Table of contents:
| Credit Unions Chartered In The State Of Michigan, 7 Michigan First Credit Union | |
| Employer Identification Number (EIN) | 380481580 |
| Name of Organization | Credit Unions Chartered In The State Of Michigan |
| Secondary Name | 7 Michigan First Credit Union |
| In Care of Name | Michael Poulos |
| Address | 27000 Evergreen Rd, Lathrup Vlg, MI 48076-3231 |
| Activities | Loans or credit reporting, Other services or benefits to members or employees |
| Subsection | Credit Union |
| Ruling Date | 10/1956 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $50,000,000 to greater |
| Income | $50,000,000 to greater |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $674,476,530 |
| Amount of Income | $117,091,623 |
| Form 990 Revenue Amount | $52,212,361 |
Non-representatives - add comments:
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 | $49,813,685 |
| Contributions, Gifts, Grants and Other Similar Amounts | $0 |
| Program Service Revenue | $42,908,839 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $6,051,771 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $0 |
| Net loss from sales of assets other than inventory | $-745,489 |
| Gross amount from sales of assets other than inventory (Securities / Other) | $159,354,604 / $1,138,024 |
| Less: cost or other basis and sales expenses (Securities / Other) | $159,354,604 / $1,883,513 |
| Gain or (loss) (Securities / Other) | $0 / $-745,489 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous Revenue | $1,598,564 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $44,737,975 |
| Compensation of current officers, directors, trustees, and key employees | $1,867,932 |
| Other salaries and wages | $9,712,738 |
| Payroll taxes | $1,002,127 |
| Professional fundraising services | $0 |
| Other | $32,155,178 |
| Balance Sheet (for 2012) | |
| Total assets | $644,135,984 |
| Total liabilities | $551,515,982 |
| 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 | $551,515,982 |
| Total net assets or fund balances | $92,620,002 |
| Retained earnings, endowment, accumulated income, or other funds | $92,620,002 |
| Reason for Public Charity Status (for 2012) | |
| The organization is not a private foundation because it is: | Not provided |
| Write your review! |
|
|
| Recently Added Reviews |
Blue Water Pregnancy Care Center in Port Huron, MI
  |
|
Knights Of The Road Motorcycle Club in Detroit, MI
|
| Oakland County Bible Students Inc in Clawson, MI |
Mich Volunteer Legionary Corps Of Artillery in Owosso, MI
 |
|
Ludington Recreation Soccer Board, Ludington Soccer Club in Ludington, MI
|
| Clinton River Ski Club in Boyne City, MI |
|
Rabbit & Small Animal Rescue in Westland, MI
|
|
Prison Legal Services Of Michigan Inc in Jackson, MI
|
|
Special Dreams Farm in New Baltimore, MI
|
|
Believers Community Outreach Center in Macomb Township, MI
|
| 20 biggest affiliated organizations | |||||
| Affiliation | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| Subordinate | Credit Unions Chartered In The State Of Michigan, 82 Communicating Arts Credit Union | PO BOX 32584, Detroit, MI 48232-0584 | MI | 1956-10 | $4,775,090 |
| Central | Credit Unions Chartered In The State Of Michigan | PO BOX 30220, Lansing, MI 48909-7720 | MI | 1956-10 | $0 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, 151 Dow Chemical Employees Credit U | PO BOX 1649, Midland, MI 48641-1649 | MI | 1956-10 | $330,871,968 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, 425 Michigan Schools And Govt Cred | 40400 Garfield Rd, Clinton Twp, MI 48038-4004 | MI | 1956-10 | $291,747,742 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, 222 Lake Trust Credit Union | 501 S Capitol Avenue, Lansing, MI 48933-2320 | MI | 1956-10 | $220,128,044 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, 1192 Genisys Credit Union | 2100 Executive Hills Dr, Auburn Hills, MI 48326-2947 | MI | 1956-10 | $166,427,582 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, 161 Wildfire Credit Union | PO BOX 3285, Saginaw, MI 48605-3285 | MI | 1956-10 | $151,071,357 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, Grcc Esp Grand Rapids Community College Esp | 143 Bostwick Ave Ne, Grand Rapids, MI 49503 | MI | 1956-10 | $137,904,513 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, 96 Dfcu Financial | 400 Town Center Drive, Dearborn, MI 48126-2753 | MI | 1956-10 | $125,668,844 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, 165 Credit Union One | 400 E 9 Mile Rd, Ferndale, MI 48220-1774 | MI | 1956-10 | $122,310,898 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, 7 Michigan First Credit Union | 27000 Evergreen Rd, Lathrup Vlg, MI 48076-3231 | MI | 1956-10 | $117,091,623 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, Friends Of The Looking Glass River None | 1314 Sandhill Dr, Dewitt, MI 48820 | MI | 1956-10 | $111,594,592 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, 416 Zeal Credit Union | 29550 Five Mile Rd, Livonia, MI 48154-3710 | MI | 1956-10 | $101,202,122 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, 54 Flint Area School Empl Credit U | 4411 Calkins Rd, Flint, MI 48532-3516 | MI | 1956-10 | $84,880,346 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, Pavilion 4-H Club | 3299 Gull Rd Wing 2 Room 410, Kalamazoo, MI 49048 | MI | 1956-10 | $59,030,333 |
| Subordinate | Credit Unions Chartered By The State Of Michigan, 85 Community Choice Credit Union | 31155 Northwestern Hwy Ste 286, Farmingtn Hls, MI 48334-2505 | MI | 1956-10 | $58,827,029 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, 58 Honor Credit Union | 2920 Lakeview Ave, Saint Joseph, MI 49085-2317 | MI | 1956-10 | $45,907,143 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, 837 Our Credit Union | Our Credit Union 3070 Normandy Road, Royal Oak, MI 48073 | MI | 1956-10 | $45,703,966 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, Theta Gamma Ahb | 1019 Watersmeet Dr, Oxford, MI 48371 | MI | 1956-10 | $39,370,615 |
| Subordinate | Credit Unions Chartered In The State Of Michigan, 1096 Omni Community Credit Union | PO BOX 1537, Battle Creek, MI 49016-1537 | MI | 1956-10 | $38,240,487 |
| Number of affiliated organizations | |||||
|
| ||||
| Total | 233 | ||||
Organization representatives - add corrected or new information about Credit Unions Chartered In The State Of Michigan, 7 Michigan First Credit Union »
Non-representatives - add comments about Credit Unions Chartered In The State Of Michigan, 7 Michigan First Credit Union»