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Credit Unions Chartered In The State Of Michigan

1051 United Bay Community Cu

Organization summary

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$13.8M (2023)

Expenses
$13.9M (2023)

Total Assets
$274M (2023)

Total Liabilities
$254M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,825,729
Expenses
$13,864,519
Net Income
-$38,790
Net Assets
$19,787,430
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,210,431
95.5%
Investment Income $631,089
4.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$15,791
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $508,045
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $4,102,896
29.6%
Assets/Debt
Total Assets $274,268,607
Total Liabilities $254,481,177
Net Assets $19,787,430
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Diane Abbonizio (Ceo) $255,000 $0 $55,494
Doug Kelley (Cfo) $152,523 $0 $45,028
Donald Goulet (Board Chair) $0 $0 $0
Christine Houle (Vice Chair) $0 $0 $0
Dennis Geno (Treasurer) $0 $0 $0
Kelly Johnson (Secretary) $0 $0 $0
Davene Ivey (Board Member) $0 $0 $0
Louie Roth (Board Member) $0 $0 $0
Renay Schmidt (Board Member) $0 $0 $0
Lizabeth Howard (Associate Board Member) $0 $0 $0
Mary Bosco (Associate Board Member) $0 $0 $0
Nickie Ross (Associate Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,618,988
Expenses
$11,560,753
Net Income
$58,235
Net Assets
$19,815,340
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,116,719
95.7%
Investment Income $484,229
4.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $18,040
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $433,467
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $3,977,849
34.4%
Assets/Debt
Total Assets $281,526,666
Total Liabilities $261,711,326
Net Assets $19,815,340
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Diane Abbonizio (Ceo) $223,962 $0 $42,451
Doug Kelley (Cfo) $130,913 $0 $36,141
Donald Goulet (Board Chair) $0 $0 $0
Christine Houle (Vice Chair) $0 $0 $0
Dennis Geno (Treasurer) $0 $0 $0
Kelly Johnson (Secretary) $0 $0 $0
Davene Ivey (Board Member) $0 $0 $0
Louie Roth (Board Member) $0 $0 $0
Dave Ventorne (Board Member) $0 $0 $0
Lizabeth Howard (Associate Board Member) $0 $0 $0
Renay Schmidt (Associate Board Member) $0 $0 $0
Mary Bosco (Associate Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,170,296
Expenses
$8,821,798
Net Income
$1,348,498
Net Assets
$20,704,700
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,682,412
95.2%
Investment Income $535,703
5.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$47,819
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $578,172
6.6%
Professional Fundraising Fees $0
Other Salaries and Wages $3,101,647
35.2%
Assets/Debt
Total Assets $253,810,189
Total Liabilities $233,105,489
Net Assets $20,704,700
Compensation
Key Employees and Officers Compensation Related Other
Diane Abbonizio (Ceo) $221,921 $0 $47,714
Doug Kelley (Cfo) $127,020 $0 $30,704
Craig Tidwell (Coo) $120,103 $0 $30,710
Donald Goulet (Board Chair) $0 $0 $0
Christine Houle (Vice Chair) $0 $0 $0
Dennis Geno (Treasurer) $0 $0 $0
Kelly Johnson (Secretary) $0 $0 $0
Davene Ivey (Board Member) $0 $0 $0
Louie Roth (Board Member) $0 $0 $0
Dave Ventorne (Board Member) $0 $0 $0
Lizabeth Howard (Associate Board Member) $0 $0 $0
Renay Schmidt (Associate Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,874,801
Expenses
$8,354,710
Net Income
$1,520,091
Net Assets
$19,387,350
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,956,207
90.7%
Investment Income $801,159
8.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $117,435
1.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $475,904
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $2,802,385
33.5%
Assets/Debt
Total Assets $222,799,625
Total Liabilities $203,412,275
Net Assets $19,387,350
Compensation
Key Employees and Officers Compensation Related Other
Diane Abbonizio (Ceo) $214,915 $0 $36,858
Craig Tidwell (Coo) $142,557 $0 $34,965
Doug Kelley (Cfo) $40,962 $0 $5,648
Donald Goulet (Board Chair) $0 $0 $0
Christine Houle (Vice Chair) $0 $0 $0
Dennis Geno (Treasurer) $0 $0 $0
Kelly Johnson (Secretary) $0 $0 $0
Davene Ivey (Board Member) $0 $0 $0
Louie Roth (Board Member) $0 $0 $0
Dave Ventorne (Board Member) $0 $0 $0
Lizabeth Howard (Associate Board Member) $0 $0 $0
Renay Schmidt (Associate Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,697,730
Expenses
$8,252,712
Net Income
$1,445,018
Net Assets
$17,843,272
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,541,628
88.1%
Investment Income $1,161,421
12.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$5,319
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $353,305
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,415,917
29.3%
Assets/Debt
Total Assets $194,547,838
Total Liabilities $176,704,566
Net Assets $17,843,272
Compensation
Key Employees and Officers Compensation Related Other
Diane Abbonizio (Ceo) $172,581 $0 $33,493
Lisa Mahler (Ceo/President Part Year) $73,884 $0 $9,661
Craig Tidwell (Coo) $57,831 $0 $5,856
Don Goulet (Board Chair) $0 $0 $0
Christine Houle (Vice Chair) $0 $0 $0
Dennis Geno (Treasurer) $0 $0 $0
Kelly Johnson (Secretary) $0 $0 $0
Davene Ivey (Director) $0 $0 $0
Louis Roth (Director) $0 $0 $0
Dave Ventorne (Director) $0 $0 $0
Robert Brink (Director Part Year) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,498,998
Expenses
$7,998,955
Net Income
$1,500,043
Net Assets
$15,576,057
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,296,845
87.3%
Investment Income $1,181,798
12.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $20,355
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $364,902
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,332,131
29.2%
Assets/Debt
Total Assets $189,721,310
Total Liabilities $174,145,253
Net Assets $15,576,057
Compensation
Key Employees and Officers Compensation Related Other
Lisa Mahler (Ceo/President) $178,579 $0 $37,884
Diane Abbonizio (Cfo) $120,736 $0 $27,703
Don Goulet (Board Chair) $0 $0 $0
Christine Houle (Vice Chair) $0 $0 $0
Dennis Geno (Treasurer) $0 $0 $0
Kelly Johnson (Secretary) $0 $0 $0
Robert Brink (Director) $0 $0 $0
Louis Roth (Director) $0 $0 $0
Dave Ventorne (Director) $0 $0 $0
Mark Spustack (Director Part Year) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,837,938
Expenses
$8,345,409
Net Income
$492,529
Net Assets
$14,470,413
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,893,087
89.3%
Investment Income $942,471
10.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,380
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $367,062
4.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,305,999
27.6%
Assets/Debt
Total Assets $192,129,122
Total Liabilities $177,658,709
Net Assets $14,470,413
Compensation
Key Employees and Officers Compensation Related Other
Lisa Mahler (Ceo/President) $180,460 $0 $44,052
Diane Abbonizio (Cfo) $110,058 $0 $32,492
Christine Houle (Board Chair) $0 $0 $0
Kelly Johnson (Vice Chair) $0 $0 $0
Don Goulet (Treasurer) $0 $0 $0
Dennis Geno (Secretary) $0 $0 $0
Robert Brink (Director) $0 $0 $0
Louis Roth (Director) $0 $0 $0
Mark Spustack (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,492,931
Expenses
$7,832,023
Net Income
$660,908
Net Assets
$14,087,344
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,616,073
89.7%
Investment Income $861,461
10.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $15,397
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $337,001
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,103,310
26.9%
Assets/Debt
Total Assets $188,452,351
Total Liabilities $174,365,007
Net Assets $14,087,344
Compensation
Key Employees and Officers Compensation Related Other
Lisa Mahler (Ceo/President) $167,346 $0 $36,581
Diane Abbonizio (Cfo) $100,566 $0 $32,508
Christine Houle (Chair) $0 $0 $0
Kelly Johnson (Vice Chair) $0 $0 $0
Don Goulet (Treasurer) $0 $0 $0
Dennis Geno (Secretary) $0 $0 $0
Robert Brink (Director) $0 $0 $0
Louis Roth (Director) $0 $0 $0
Mark Spustack (Director) $0 $0 $0
David Ventrone (Vice Chair (Part Year)) $0 $0 $0
Karen Holbrook (Treasurer (Part Year)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,086,006
Expenses
$7,673,487
Net Income
$412,519
Net Assets
$13,401,615
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,164,456
88.6%
Investment Income $920,830
11.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $720
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $279,486
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,142,402
27.9%
Assets/Debt
Total Assets $187,250,094
Total Liabilities $173,848,479
Net Assets $13,401,615
Compensation
Key Employees and Officers Compensation Related Other
Lisa Smith (Ceo/President) $137,500 $0 $31,848
Diane Abbonizio (Cfo) $87,500 $0 $22,638
Christine Houle (Chair) $0 $0 $0
David Ventrone (Vice Chair) $0 $0 $0
Karen Holbrook (Treasurer) $0 $0 $0
Kelly Johnson (Secretary) $0 $0 $0
Robert Brink (Director) $0 $0 $0
Dennis Geno (Director) $0 $0 $0
Don Goulet (Director) $0 $0 $0
Keri Laczko (Director) $0 $0 $0
Louis Roth (Director) $0 $0 $0
Mark Spustack (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,784,990
Expenses
$7,312,518
Net Income
$472,472
Net Assets
$13,250,224
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,727,982
86.4%
Investment Income $1,023,315
13.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $33,693
0.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $223,354
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,155,041
29.5%
Assets/Debt
Total Assets $182,743,863
Total Liabilities $169,493,639
Net Assets $13,250,224
Compensation
Key Employees and Officers Compensation Related Other
Lisa Smith (Ceo/President) $131,927 $0 $16,788
Diane Abbonizio (Cfo) $60,353 $0 $14,285
Christine Houle (Chair) $0 $0 $0
David Ventrone (Vice Chair) $0 $0 $0
Karen Holbrook (Treasurer) $0 $0 $0
Kelly Johnson (Secretary) $0 $0 $0
Robert Brink (Director) $0 $0 $0
Dennis Geno (Director) $0 $0 $0
Don Goulet (Director) $0 $0 $0
Louis Roth (Director) $0 $0 $0
Mark Spustack (Director) $0 $0 $0
Keri Laczko (Director (Part Year)) $0 $0 $0
Roy Nievieroski (Director (Part Year)) $0 $0 $0
Patricia Walmsley (Director (Part Year)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,850,457
Expenses
$10,184,040
Net Income
-$1,333,583
Net Assets
$12,466,985
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,766,007
87.7%
Investment Income $834,841
9.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $53,317
0.6%
Net Inventory Sales $0
Other Revenue $196,292
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $282,885
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $2,508,516
24.6%
Assets/Debt
Total Assets $183,197,875
Total Liabilities $170,730,890
Net Assets $12,466,985
Compensation
Key Employees and Officers Compensation Related Other
Lisa Smith (Ceo/President) $125,304 $0 $12,454
Gary Klein (Ceo/President (Through May 2013)) $98,300 $0 $15,088
Donald Viland (Coo) $28,747 $0 $2,992
Donald Goulet (Chair) $0 $0 $0
Kelly Johnson (Vice Chair) $0 $0 $0
Christine Houle (Secretary) $0 $0 $0
Patricia Walmsley (Treasurer) $0 $0 $0
Robert Brink (Director) $0 $0 $0
Keri Laczko (Director) $0 $0 $0
Roy Nievierowski (Director) $0 $0 $0
Louis Roth (Director) $0 $0 $0
David Ventrone (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,555,613
Expenses
$9,676,216
Net Income
$879,397
Net Assets
$14,388,968
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,330,460
69.4%
Investment Income $1,227,063
11.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $553,424
5.2%
Net Inventory Sales $0
Other Revenue $1,444,666
13.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $235,800
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,663,193
27.5%
Assets/Debt
Total Assets $189,002,761
Total Liabilities $174,613,793
Net Assets $14,388,968

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,361,172
Expenses
$8,337,729
Net Income
$23,443
Net Assets
$12,640,724
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,321,996
75.6%
Investment Income $1,589,999
19.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $358,055
4.3%
Net Inventory Sales $0
Other Revenue $91,122
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $174,664
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,238,265
26.8%
Assets/Debt
Total Assets $162,465,141
Total Liabilities $149,824,417
Net Assets $12,640,724

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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