Credit Unions Chartered In The State Of Michigan, 929 Ukrainian Future Credit Union in Warren, Michigan (MI)

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Credit Unions Chartered In The State Of Michigan, 929 Ukrainian Future Credit Union
Employer Identification Number (EIN)381686292
Name of OrganizationCredit Unions Chartered In The State Of Michigan
Secondary Name929 Ukrainian Future Credit Union
Address26495 Ryan Rd, Warren, MI 48091-4069
ActivitiesLoans or credit reporting, Other services or benefits to members or employees
SubsectionCredit Union
Ruling Date10/1956
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$50,000,000 to greater
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$83,237,154
Amount of Income$3,526,480
Form 990 Revenue Amount$3,513,683


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
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 2011)
Total revenue$3,513,683
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$2,807,219
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$707,639
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental loss$-1,175
Gross rents (Real / Personal)$11,622 / $0
Less: rental expenses (Real / Personal)$12,797 / $0
Rental income or (loss) (Real / Personal)$-1,175 / $0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$3,115,422
Compensation of current officers, directors, trustees, and key employees$113,540
Other salaries and wages$478,104
Payroll taxes$40,397
Professional fundraising services$0
Other$2,483,381
Balance Sheet (for 2011)
Total assets$83,237,154
Total liabilities$75,871,901
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$75,871,901
Total net assets or fund balances$7,365,253
Retained earnings, endowment, accumulated income, or other funds$7,365,253
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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Number of affiliated organizations
Michigan221
Oklahoma1
Total222

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