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COMMUNITY FINANCIAL CREDIT UNION

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Public IRS 990 nonprofit record

COMMUNITY FINANCIAL CREDIT UNION

EIN 38-1447620 · Mutual & Membership Benefit (Y)

What they do

COMMUNITY FINANCIAL CREDIT UNION is A STATE CHARTERED, NOT-FOR-PROFIT, FULL-SERVICE FINANCIAL INSTITUTION OWNED and GOVERNED BY ITS MEMBERSHIP. AT COMMUNITY FINANCIAL, WE ARE COMMITTED to OUR MEMBERS and OUR COMMUNITIES,FOR OVER 70 YEARS. WEVE PROVIDED OUR MICHIGAN MEMBERS COMPETITIVELY PRICED SAVINGS and LOAN PRODUCTS, OUTSTANDING SERVICE and SUPPORT to THEIR NEIGHBORS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$99.49spent for every $100 of revenueRevenue covered expenses this year.
$14.88in assets for every $1 spent this yearSome assets cannot be spent right away.
0.0%of its money came from giftsOther money may come from services or investments.

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $621,885 for TANSLEY STEARNS (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$106,672,065
Expenses$106,128,097
Annual surplus $543,968 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$106,672,065
Expenses$106,128,097
Assets$1,579,342,761
Income$131,929,805
Contributions$6,456
Grants given$2,774,747
Average grant$15,677
Accounting fees$238,917
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
TANSLEY STEARNSPRESIDENT/CEO · 40 hrs/week $621,885Base $583,005 · Other $38,880
JILL JOHNSONCHIEF REVENUE AND LENDING (THRU 05.31.24) · 40 hrs/week $522,760Base $473,109 · Other $49,651
ART BEARDCHIEF IT OFFICER · 40 hrs/week $418,176Base $354,288 · Other $63,888
CATHY MEYERSCHIEF PEOPLE OFFICER · 40 hrs/week $414,471Base $325,377 · Other $89,094
CHRIS CURRYSVP OPERATIONS AND RISK · 40 hrs/week $373,299Base $304,837 · Other $68,462
SCOTT CAMERONCHIEF FINANCIAL OFFICER · 40 hrs/week $372,738Base $337,912 · Other $34,826
DANIELLE FRAWLEYCHIEF GROWTH OFFICER · 40 hrs/week $358,088Base $340,300 · Other $17,788
DANIELLE MILNERCHIEF EXPERIENCE OFFICER · 40 hrs/week $332,631Base $295,863 · Other $36,768
ELRY ARMAZACHIEF OF STAFF · 40 hrs/week $301,353Base $297,567 · Other $3,786
TOM VARGOAVP CORE OPERATIONS · 40 hrs/week $228,277Base $194,378 · Other $33,899
MIKE ERFOURTHVP BUSINESS EXPERIENCE · 40 hrs/week $217,181Base $200,650 · Other $16,531
JAMES POTTERINVESTMENT REPRESENTATIVE · 40 hrs/week $215,004Base $199,606 · Other $15,398

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

TANSLEY STEARNSPRESIDENT/CEO

JILL JOHNSONCHIEF REVENUE AND LENDING (THRU 05.31.24)

ART BEARDCHIEF IT OFFICER

CATHY MEYERSCHIEF PEOPLE OFFICER

CHRIS CURRYSVP OPERATIONS AND RISK

SCOTT CAMERONCHIEF FINANCIAL OFFICER

DANIELLE FRAWLEYCHIEF GROWTH OFFICER

DANIELLE MILNERCHIEF EXPERIENCE OFFICER

ELRY ARMAZACHIEF OF STAFF

TOM VARGOAVP CORE OPERATIONS

MIKE ERFOURTHVP BUSINESS EXPERIENCE

JAMES POTTERINVESTMENT REPRESENTATIVE

LISA MULLENSENIOR GENERAL COUNSEL

JOHNNIE TURNAGEDIRECTOR

YASIR KHOGALITREASURER & SECRETARY

TERI KUEHNBOARD CHAIR

ANGELA PEATDIRECTOR

PAUL BEDICHDIRECTOR

NED STAEBLERDIRECTOR

HEIDI MUSSERVICE-CHAIR

DENNIS LAVOYDIRECTOR

DAN HERRIMANVICE-CHAIR

About this charity

Recognized since
January 1956
Location
500 S HARVEY ST, PLYMOUTH, MI 48170-1759
County
Wayne
In care of
SCOTT CAMERON
Primary officer
SCOTT CAMERON, EVP/CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
CLIFTONLARSONALLEN LLP
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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