Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 38-1569911

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

Also known as 416 ZEAL CREDIT UNION

Tax-exempt · LIVONIA, MI 48152

Financials

$54.8M$31.2M2023$57.3M$34.4M2024
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$57,308,175$34,394,015$22,914,160$822,949,279$667,331,370$155,617,909
December 31, 2023990$54,788,914$31,212,651$23,576,263$808,824,973$676,024,075$132,800,898
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$748,853
of which government grants
$748,853
Program service revenue
$52,782,261
Investment income
$3,777,061
Other revenue
$0

Expenses

Grants and similar amounts paid
$14,634
Compensation of officers, directors and key employees
$1,820,813
Other salaries and wages
$7,242,273
Salaries, compensation and benefits (total)
$11,580,689
Professional fundraising fees
$0
Legal fees
$372,256
Accounting fees
$138,383
Occupancy
$1,223,498
Travel
$456,510
Depreciation
$1,356,947

Balance sheet and other

Total assets, start of year
$808,824,973
Total assets, end of year
$822,949,279
Total liabilities, end of year
$667,331,370
Net assets, end of year
$155,617,909
Land, buildings and equipment
$22,554,061
Publicly traded securities
$93,002,319
Gross unrelated business income
$205,262
Gross receipts
$57,308,175
Employees
191
Volunteers
9
Year formed
1954
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
JULIE KREINBRINGPRESIDENT/CEO
Officer
40$573,322$190,016
SANDRA SELEWSKICHIEF OPERATIONS OFFICER
Officer
40$195,960$278,180
RONALD BOEHNLEINCFO
Officer
40$309,171$43,409
MICHAEL CONNOLLYCHIEF TECHNOLOGY OFFICER
Key employee
40$195,192$35,563
COLLEEN CHAPMANVP MEMBER EXPERIENCE
Highest-paid employee
40$151,272$33,237
DORI HAWKINS-FREELAINVP ACCOUNTING
Highest-paid employee
40$130,966$16,887
EDWARD PRIEBEINFORMATION SECURITY OFFIC
Highest-paid employee
40$110,438$9,921
MICHAEL A O'HEHIRCHAIRPERSON
Trustee or director
2$0$0
DAVID L KISICSECRETARY
Trustee or director
2$0$0
DAVID ADAMS JRDIRECTOR
Trustee or director
2$0$0
KAREN RAWLSTREASURER
Trustee or director
2$0$0
KATHY RICHARDSONDIRECTOR
Trustee or director
2$0$0
PAUL MESSIMERVICE CHAIRPERSON
Trustee or director
2$0$0
SHARON WRIGHTDIRECTOR
Trustee or director
2$0$0
SUSAN LESLIEDIRECTOR
Trustee or director
2$0$0
1 more people on this return
NameTitleHours / weekCompensation
SAMUEL R PALISEDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
JULIE KREINBRINGPRESIDENT/CEO
Officer
40$543,747$188,281
RONALD BOEHNLEINCFO
Officer
40$296,689$41,722
SANDRA SELEWSKICHIEF OPERATIONS OFFICER
Key employee
40$179,969$56,095
CORETTA WALLACECHIEF EXPERIENCE OFFICER
Key employee
40$215,556$14,008
MICHAEL CONNOLLYCHIEF TECHNOLOGY OFFICER
Key employee
40$178,231$34,787
COLLEEN CHAPMANVP MEMBER EXPERIENCE
Highest-paid employee
40$155,163$31,708
PAULA PICCININIVP MARKETING
Highest-paid employee
40$130,523$13,635
EDWARD PRIEBEINFORMATION SECURITY OFFIC
Highest-paid employee
40$111,413$11,164
MICHAEL A O'HEHIRCHAIRPERSON
Trustee or director
2$0$0
DAVID L KISICSECRETARY
Trustee or director
2$0$0
DAVID ADAMS JRDIRECTOR
Trustee or director
2$0$0
KAREN RAWLSTREASURER
Trustee or director
2$0$0
KATHY RICHARDSONDIRECTOR
Trustee or director
2$0$0
PAUL MESSIMERVICE CHAIRPERSON
Trustee or director
2$0$0
SHARON WRIGHTDIRECTOR
Trustee or director
2$0$0
SUSAN LESLIEDIRECTOR
Trustee or director
2$0$0
SAMUEL R PALISEDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
17250 NEWBURGH RD, LIVONIA, MI 48152-2618
Principal officer (990 for 2024)
JULIE KREINBRING, 17250 NEWBURGH RD, LIVONIA, MI 48152
Signed the 990
SANDRA SELEWSKI, COO
Phone
(734) 522-3700
Return prepared by
DOEREN MAYHEW

Mission

TO BE THE MOST TRUSTED HOUSEHOLD NAME IN BANKING IN MICHIGAN.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE LOANS INCLUDING MORTGAGES, BUSINESS, HOME EQUITY, CREDIT CARDS, SHARE SECURED, VEHICLE, AND LINE OF CREDIT LOANS WITH AGGREGATE LOAN BALANCES THAT APPROXIMATED $645,981,000 AS OF DECEMBER 31, 2024.
  • PROVIDE MEMBERS WITH REGULAR SAVINGS, SHARE DRAFTS, CERTIFICATES OF DEPOSIT, IRA, CLUB, AND MONEY MARKET ACCOUNTS WITH AGGREGATE DEPOSIT BALANCES THAT APPROXIMATED $638,942,000 AS OF DECEMBER 31, 2024.

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
38-1569911
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)
$822,949,279
Income (IRS master file)
$57,308,175

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$57,308,175$34,394,015$822,949,279IRS
990December 2023$54,788,914$31,212,651$808,824,973XML
990December 2022$44,218,975$30,699,063$828,595,532IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 38-1569911).

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 38-1569911.
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 JULIE KREINBRING.
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 16 people; 7 received compensation from the organization, the highest $573,322 (JULIE KREINBRING, PRESIDENT/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 $57,308,175, expenses of $34,394,015 and total assets of $822,949,279 at year end.

Other nonprofits in LIVONIA

All nonprofits in LIVONIA · Michigan