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Nonprofit · EIN 38-0745805

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

Also known as 98 CASE CREDIT UNION

Tax-exempt · LANSING, MI 48910

Financials

$23.8M$23M2023$26.4M$24M2024
Revenue Expenses · by fiscal year end
Financials of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$26,422,134$23,995,054$2,427,080$387,984,817$353,758,606$34,226,211
December 31, 2023990$23,816,392$23,010,541$805,851$392,281,189$360,226,482$32,054,707
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$23,547,661
Investment income
$2,874,473
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$3,868,490
Compensation of officers, directors and key employees
$1,336,454
Other salaries and wages
$4,037,918
Salaries, compensation and benefits (total)
$6,677,660
Professional fundraising fees
$0
Accounting fees
$137,267
Occupancy
$823,168
Travel
$46,223
Depreciation
$903,541

Balance sheet and other

Total assets, start of year
$392,281,189
Total assets, end of year
$387,984,817
Total liabilities, end of year
$353,758,606
Net assets, end of year
$34,226,211
Land, buildings and equipment
$10,127,612
Gross unrelated business income
$98,070
Gross receipts
$26,422,134
Employees
111
Volunteers
9
Year formed
1936
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JEFFREY BENSONPRESIDENT AND CEO
Officer
50$380,711$18,730
CHAD ROLSTONEVP/CIO
Officer
50$190,474$21,886
RACHAEL SINGLETONEVP/COO
Officer
50$190,345$21,482
BRYANNA BENOITCFO
Officer
50$161,792$21,184
KEVIN BADGECHRO
Officer
50$152,717$21,341
Brett PacekBusiness Development Officer
Highest-paid employee
50$147,660$21,011
DANIEL J AUSTINVICE PRESIDENT BUSINESS SERVICES
Highest-paid employee
50$150,529$12,236
Corrie JamesonChief Risk Management Officer
Officer
50$135,179$20,614
Danielle WirtVP of Member Lending
Highest-paid employee
50$117,887$18,772
Bill McLeodMortgage Manager
Highest-paid employee
50$109,240$19,380
Derek McKerrVP of Compliance
Highest-paid employee
50$115,095$3,588
Charmaine ShellmanBoard Secretary
Trustee or director, Officer
2$0$0
CRAIG GODFREYBOARD VICE CHAIR
Trustee or director, Officer
2$0$0
KAREN SPOTTSBOARD TREASURER
Trustee or director, Officer
2$0$0
WILLIAM BREWER IIBOARD CHAIR
Trustee or director, Officer
2$0$0
5 more people on this return
NameTitleHours / weekCompensation
APRIL CLARKBOARD MEMBER
Trustee or director
2$0
BALDOMERO GARCIABOARD MEMBER
Trustee or director
2$0
GLORY LEDUBOARD MEMBER
Trustee or director
2$0
RENIERO AROAZBOARD MEMEBER
Trustee or director
2$0
SAMUEL DUNCANBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
JEFFREY BENSONPRESIDENT AND CEO
Officer
50$345,323$12,540
RACHAEL SINGLETONEVP/COO
Officer
50$181,711$6,113
CHAD ROLSTONEVP/CIO
Officer
50$180,135$7,377
KEVIN BADGECHRO
Officer
50$138,515$5,864
DANIEL J AUSTINVICE PRESIDENT BUSINESS SERVICES
Highest-paid employee
50$131,528$5,351
BRETT PACEKBUSINESS DEVELOPMENT OFFICER
Highest-paid employee
50$116,667$5,089
BRYANNA BENOITCFO
Officer
50$116,747$4,793
CORRIE JAMESONCRMO
Officer
50$99,952$4,000
CRAIG GODFREYBOARD VICE CHAIR
Trustee or director, Officer
2$0$0
JANE OLNEYBOARD SECRETARY
Trustee or director, Officer
2$0$0
KAREN SPOTTSBOARD TREASURER
Trustee or director, Officer
2$0$0
WILLIAM BREWER IIBOARD CHAIR
Trustee or director, Officer
2$0$0
APRIL CLARKBOARD MEMBER
Trustee or director
2$0$0
BALDOMERO GARCIABOARD MEMBER
Trustee or director
2$0$0
GLORY LEDUBOARD MEMBER
Trustee or director
2$0$0
RENIERO AROAZBOARD MEMEBER
Trustee or director
2$0$0
SAMUEL DUNCANBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
4316 S PENNSYLVANIA AVE, LANSING, MI 48910-5608
In care of
% JEFFERY BENSON
Principal officer (990 for 2024)
Jeffrey Benson, PO Box 22158, Lansing, MI 48909
Signed the 990
Jeffrey Benson, PRESIDENT/CEO
Phone
(517) 393-7710
Return prepared by
Forvis Mazars LLP

Mission

TO ASSIST MEMBERS AND EMPLOYEES TO ACHIEVE FINANCIAL SUCCESS THROUGH SERVICE THAT IS SUPERIOR, CONVENIENT, AND EASY TO USE.

990 for the year ended December 31, 2024

Program accomplishments

  • CASE CREDIT UNION OFFERS A WIDE VARIETY OF CONSUMER AND BUSINESS LOAN PRODUCTS TO MEET THE NEEDS OF OUR MEMBERS. THESE LOANS INCLUDE AUTO/RV, PERSONAL, EDUCATIONAL, HOME EQUITY, BUSINESS, 1ST MORTGAGE, AND CREDIT CARDS. OUR LOAN PRODUCTS ARE TAILORED TO FIT THE NEEDS AND WANTS OF OUR MEMBERSHIP AND INCLUDE FEATURES SUCH AS SKIP-A-PAYMENT, COMPETITIVE RATES, AUTOMATIC PAYMENT OPTIONS AND LOAN PROTECTION OPTIONS. LOANS CAN BE APPLIED FOR IN PERSON AT ANY OF OUR SEVEN BRANCHES, BY PHONE, FAX, WEBSITE AND THROUGH DEALER DIRECT LOANS AT MANY AREA DEALERSHIPS.
  • CASE CREDIT UNION HAS OVER 29,000 MEMBERS. OUR MEMBERS ENJOY A WIDE VARIETY OF SAVINGS OPTIONS TO SUIT THEIR INDIVIDUAL NEEDS. WE OFFER SEVERAL SAVINGS AND CHECKING OPTIONS, MONEY MARKET ACCOUNTS, TERM DEPOSITS, IRA'S AND CHRISTMAS CLUB ACCOUNTS. ALL MEMBERS ARE REQUIRED TO MAINTAIN A $5 SHARE DEPOSIT TO CONTINUE THEIR MEMBERSHIP. OUR RATES AND PRODUCT OFFERINGS ARE COMPETITIVE.
  • CASE CREDIT UNION OFFERS A WIDE VARIETY OF ELECTRONIC SERVICES. THE SERVICES ARE FREE FOR MEMBERS. SERVICES INCLUDE BUT ARE NOT LIMITED TO ONLINE BANKING, BILL PAY, MOBILE BANKING, TEXT BANKING, QUICKEN, FINANCE WORKS, TELEPHONE BANKING, CONTACT CENTER, ONLINE LOAN APPLICATIONS, AND POP MONEY (FUNDS TRANSFER).

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
38-0745805
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1956
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$387,984,817
Income (IRS master file)
$26,422,134

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$26,422,134$23,995,054$387,984,817IRS
990December 2023$23,816,392$23,010,541$392,281,189XML
990December 2022$20,419,805$20,258,407$396,816,157IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-0745805).

Questions about CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

What is the EIN of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN?
The employer identification number (EIN) of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN is 38-0745805.
Is CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1956.
Are donations to CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN?
The 990 for the year ended December 31, 2024 names Jeffrey Benson.
Who are the officers and directors of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN?
The 990 for the year ended December 31, 2024 lists 20 people; 11 received compensation from the organization, the highest $380,711 (JEFFREY BENSON, PRESIDENT AND CEO).
How much revenue does CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN have?
On its 990 for the year ended December 31, 2024 it reported revenue of $26,422,134, expenses of $23,995,054 and total assets of $387,984,817 at year end.

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