Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union
EIN: 381555308 · Menominee, MI
Is Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union
Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union (EIN: 381555308) is a nonprofit organization based in Menominee, MI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union is a small nonprofit, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $262K |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-1,496,324 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -571.7% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2017, Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union reported a deficit of $1.5M with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2011–2017), Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -21.2% | +427.6% | -100.0% |
| 2016 | +5.1% | +9.0% | +2.5% |
| 2015 | +3.9% | +9.0% | +5.8% |
| 2014 | +0.1% | -3.3% | +6.1% |
| 2013 | -0.6% | -2.6% | -3.9% |
AI Analysis Pending
AI enrichment for Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.5M, with expenses exceeding revenue.
Frequently Asked Questions about Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union
Is Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union a legitimate charity?
Based on AI analysis of IRS 990 filings, Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union (EIN: 381555308) insufficient data. 0 red flags identified, 0 strengths noted.
How does Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union spend its money?
Detailed spending breakdown data is not yet available for Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union. Check back for updated IRS 990 analysis.
Are donations to Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union tax-deductible?
Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union is registered as a tax-exempt nonprofit (EIN: 381555308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union located?
Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union is headquartered in Menominee, Michigan and files with the IRS under EIN 381555308.
How many years of IRS 990 filings does Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union have?
Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union's revenue has declined by 11%, moving from $294K to $262K. Total assets decreased by 100% over the same period, from $7.7M to $0. Total functional expenses rose by 471.3%, from $308K to $1.8M. In its most recent filing year (2017), Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union reported a deficit of $1.5M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $262K | $1.8M | $0 | $0 | — | View 990 |
| 2016 | $332K | $333K | $9.0M | $7.5M | — | — |
| 2015 | $316K | $306K | $8.8M | $7.3M | — | View 990 |
| 2014 | $304K | $280K | $8.3M | $6.8M | — | View 990 |
| 2013 | $304K | $290K | $7.8M | $6.4M | — | View 990 |
| 2012 | $306K | $298K | $8.2M | $6.7M | — | View 990 |
| 2011 | $294K | $308K | $7.7M | $6.3M | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $262K, expenses of $1.8M, and assets of $0 (revenue -21.2% year-over-year).
- 2016: Revenue of $332K, expenses of $333K, and assets of $9.0M (revenue +5.1% year-over-year).
- 2015: Revenue of $316K, expenses of $306K, and assets of $8.8M (revenue +3.9% year-over-year).
- 2014: Revenue of $304K, expenses of $280K, and assets of $8.3M (revenue +0.1% year-over-year).
- 2013: Revenue of $304K, expenses of $290K, and assets of $7.8M (revenue -0.6% year-over-year).
- 2012: Revenue of $306K, expenses of $298K, and assets of $8.2M (revenue +3.9% year-over-year).
- 2011: Revenue of $294K, expenses of $308K, and assets of $7.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union:
Data Sources and Methodology
This transparency report for Credit Union Chartered In St Of Mi 399 Menominee Area Credit Union is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.