PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Credit Unions Chartered In The State Of Michigan

1199 Cornerstone Community Financia
  • Auburn Hills, MI
  • Tax-exempt since Oct. 1956
  • EIN: 38-1418001

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
$24.9M (2023)

Expenses
$22.6M (2023)

Total Assets
$406M (2023)

Total Liabilities
$358M (2023)

Source: Form 990 tax filings from 2015 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
$24,864,783
Expenses
$22,611,791
Net Income
$2,252,992
Net Assets
$47,847,775
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,373,963
94.0%
Investment Income $1,476,706
5.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $14,114
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,627,323
7.2%
Professional Fundraising Fees $0
Other Salaries and Wages $5,404,892
23.9%
Assets/Debt
Total Assets $405,800,769
Total Liabilities $357,952,994
Net Assets $47,847,775
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Heidi Kassab (President/Ceo) $458,728 $0 $48,363
Jennifer Dickey (Chief Experience Officer) $213,327 $0 $33,168
Christopher Mangeno (Chief Lending Officer) $188,437 $0 $56,950
Suzanne Martin (Vp Of Retail Sales) $163,987 $0 $21,562
Mark Evenson (Cfo) $163,666 $0 $45,872
David Shosey (Vp Of It) $156,979 $0 $52,322
Steve Flores (Vp Of Operations) $145,325 $0 $47,497
Autumn Nanasi (Vp Of Culture And Talent) $140,134 $0 $29,804
Andrea Cornell (Hr Business Partner) $105,151 $0 $17,622
Heather Hermes (Loan Servicing Manager) $104,732 $0 $16,957
Christopher Degen (Lending Manager) $103,662 $0 $7,643
Robert Stier (Cfo) $23,962 $0 $0
Leo Moses (Chairperson) $0 $0 $0
Chris Baker (Treasurer) $0 $0 $0
Timothy Mcglinchey (Vice Chairperson) $0 $0 $0
Timothy Green (Secretary) $0 $0 $0
John Else Ii (Director) $0 $0 $0
David Woodward (Director) $0 $0 $0
Lori Ozdowy (Director) $0 $0 $0
Jackie Macon (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 1, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,603,999
Expenses
$16,880,842
Net Income
$4,723,157
Net Assets
$47,932,083
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,973,348
97.1%
Investment Income $617,399
2.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,252
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $752,519
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $5,413,193
32.1%
Assets/Debt
Total Assets $409,250,365
Total Liabilities $361,318,282
Net Assets $47,932,083
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Heidi Kassab (President/Ceo) $421,718 $0 $48,492
Christopher Mangeno (Vp Of Lending And Collecti) $172,834 $0 $33,251
Jennifer Dickey (Chief Experience Officer) $167,614 $0 $12,376
Mark Evenson (Cfo) $160,255 $0 $32,401
David Shosey (Vp Of It) $149,823 $0 $32,158
Jennifer Bleau (Vp Of Marketing) $136,645 $0 $34,316
Steve Flores (Vp Of Operations) $132,562 $0 $28,426
Beth Wielgat (Cfo (Previous)) $83,199 $0 $6,454
Leo Moses (Chairperson) $0 $0 $0
Chris Baker (Treasurer) $0 $0 $0
Timothy Mcglinchey (Vice Chairperson) $0 $0 $0
Timothy Green (Secretary) $0 $0 $0
John Else Ii (Director) $0 $0 $0
David Woodward (Director) $0 $0 $0
Brian Beaumont (Director) $0 $0 $0
Lori Ozdowy (Director) $0 $0 $0
Jackie Macon (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 14, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,739,193
Expenses
$14,499,595
Net Income
$4,239,598
Net Assets
$44,259,264
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,547,374
99.0%
Investment Income $179,681
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,138
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $607,440
4.2%
Professional Fundraising Fees $0
Other Salaries and Wages $4,868,624
33.6%
Assets/Debt
Total Assets $371,170,169
Total Liabilities $326,910,905
Net Assets $44,259,264
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Heidi Kassab (President/Ceo) $406,648 $0 $35,900
Christopher Mangeno (Vp Of Lending And Collections) $173,245 $0 $24,872
Beth Wielgat (Cfo) $152,031 $0 $12,861
David Shosey (Vp Of It) $146,028 $0 $22,867
Jennifer Dickey (Vp Of Culture And Talent) $144,529 $0 $11,573
Jennifer Bleau (Vp Of Marketing) $139,872 $0 $22,300
Mark Evenson (Vp Of Retail) $139,413 $0 $22,421
Leo Moses (Chairperson) $0 $0 $0
Timothy Mcglinchey (Vice Chairperson) $0 $0 $0
David Woodward (Director) $0 $0 $0
Chris Baker (Treasurer) $0 $0 $0
Lori Ozdowy (Director) $0 $0 $0
Timothy Green (Secretary) $0 $0 $0
John Else Ii (Director) $0 $0 $0
Brian Beaumont (Director) $0 $0 $0
Jackie Macon (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,335,314
Expenses
$14,442,775
Net Income
$1,892,539
Net Assets
$40,073,727
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,211,682
99.2%
Investment Income $110,309
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,323
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $570,667
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $4,180,021
28.9%
Assets/Debt
Total Assets $328,529,665
Total Liabilities $288,455,938
Net Assets $40,073,727
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Heidi Kassab (President/Ceo) $376,439 $0 $37,539
Chris Mangeno (Vp Of Lending And Collecti) $153,816 $0 $24,505
Beth Wielgat (Cfo) $138,429 $0 $18,260
David Shosey (Vp Of It) $131,863 $0 $22,583
Jennifer Bleau (Vp Of Marketing) $122,843 $0 $22,378
Steven Flores (Vp Of Operations) $120,153 $0 $21,448
Jennifer Dickey (Vp Of Culture And Talent) $111,303 $0 $2,704
Leo Moses (Chairperson) $0 $0 $0
Tim Mcglinchey (Vice Chairperson) $0 $0 $0
David Woodward (Director) $0 $0 $0
Chris Baker (Treasurer) $0 $0 $0
Melvin Lee (Director) $0 $0 $0
Tim Green (Secretary) $0 $0 $0
John Else Ii (Director) $0 $0 $0
Brian Beaumont (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 10, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,149,680
Expenses
$14,650,131
Net Income
$1,499,549
Net Assets
$38,181,188
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,662,944
97.0%
Investment Income $466,450
2.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,286
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $530,843
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $3,820,212
26.1%
Assets/Debt
Total Assets $288,188,015
Total Liabilities $250,006,827
Net Assets $38,181,188
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Heidi Kassab (President/Ceo) $354,340 $0 $34,433
Chris Mangeno (Vp Of Lending And Collecti) $152,659 $0 $23,399
Dave Shosey (Vp Of It) $131,190 $0 $21,981
Tonya Dupree (Vp Retail Delivery) $130,191 $0 $11,317
Beth Wielgat (Cfo) $129,604 $0 $12,466
Steve Flores (Vp Of Operations) $120,418 $0 $20,611
Jennifer Bleau (Vp Of Marketing) $100,325 $0 $20,770
Leo Moses (Chairman) $0 $0 $0
Tim Mcglinchey (Vice Chairman) $0 $0 $0
David Woodward (Director) $0 $0 $0
Chris Baker (Treasurer) $0 $0 $0
Melvin Lee (Director) $0 $0 $0
Tim Green (Secretary) $0 $0 $0
John Else (Director) $0 $0 $0
Brian Beaumont (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 16, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,753,782
Expenses
$12,712,714
Net Income
$2,041,068
Net Assets
$36,681,639
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,456,984
98.0%
Investment Income $276,700
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,098
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $482,603
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $3,528,539
27.8%
Assets/Debt
Total Assets $284,138,924
Total Liabilities $247,457,285
Net Assets $36,681,639
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Heidi Kassab (Ceo) $317,653 $0 $22,955
Chris Mangeno (Vp Of Lending And Collecti) $130,958 $0 $17,034
Tonya Dupree (Vp Retail Delivery) $127,844 $0 $5,541
Dave Shosey (Vp Of It) $115,426 $0 $16,373
Steve Flores (Vp Of Operations) $103,983 $0 $15,535
David Brandt (Cfo) $75,050 $0 $3,412
Beth Wielgat (Cfo) $61,385 $0 $2,148
Leo Moses (Chairman) $0 $0 $0
Tim Mcglinchey (Vice Chairman) $0 $0 $0
David Woodward (Director) $0 $0 $0
Chris Baker (Treasurer) $0 $0 $0
Melvin Lee (Director) $0 $0 $0
Tim Green (Secretary) $0 $0 $0
John Else (Director) $0 $0 $0
Brian Beaumont (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 13, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,102,216
Expenses
$11,183,779
Net Income
$1,918,437
Net Assets
$34,640,571
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,872,177
98.2%
Investment Income $205,428
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $24,611
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $522,092
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $3,150,826
28.2%
Assets/Debt
Total Assets $269,342,427
Total Liabilities $234,701,856
Net Assets $34,640,571
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Heidi Kassab (Ceo) $314,113 $0 $36,904
David Brandt (Cfo) $157,872 $0 $13,203
Tonya Dupree (Vp Retail Delivery) $120,819 $0 $9,335
Chris Mangeno (Vp Of Lending And Collections) $115,588 $0 $26,634
Leo Moses (Chairman) $0 $0 $0
Tim Mcglinchey (Vice Chairman) $0 $0 $0
David Woodward (Security Officer) $0 $0 $0
Chris Baker (Treasurer) $0 $0 $0
Melvin Lee (Trustee And Membership Officer) $0 $0 $0
Tim Green (Secretary) $0 $0 $0
John Else (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 1, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,763,979
Expenses
$12,486,924
Net Income
$1,277,055
Net Assets
$32,659,765
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,613,175
98.9%
Investment Income $123,236
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $27,568
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $506,629
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,751,597
22.0%
Assets/Debt
Total Assets $272,282,111
Total Liabilities $239,622,346
Net Assets $32,659,765
Compensation
Key Employees and Officers Compensation Related Other
Heidi Kassab (Ceo) $323,314 $0 $30,530
Chris Mangeno (Vp Lending And Collections) $114,698 $0 $19,527
Tonya Dupree (Vp Retail Deliver) $114,402 $0 $1,126
David Brandt (Cfo) $72,646 $0 $5,804
Richard Miller (Cfo) $63,283 $0 $11,052
Leo Moses (Chairman) $0 $0 $0
Tim Mcglinchey (Vice Chairman) $0 $0 $0
Richard Mackie (Treasurer) $0 $0 $0
Chris Baker (Secretary) $0 $0 $0
Melvin Lee (Director) $0 $0 $0
Tim Green (Director) $0 $0 $0
John Else (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 13, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,230,939
Expenses
$11,741,352
Net Income
$3,489,587
Net Assets
$31,272,904
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,593,655
89.3%
Investment Income $129,954
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$8,501
Net Inventory Sales $0
Other Revenue $1,515,831
10.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,098,943
9.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,977,473
16.8%
Assets/Debt
Total Assets $262,087,430
Total Liabilities $230,814,526
Net Assets $31,272,904
Compensation
Key Employees and Officers Compensation Related Other
Heidi Kassab (Ceo) $945,015 $0 $28,953
Richard Miller (Cfo) $107,119 $0 $17,856
Joseph Regan (Vp Of It) $100,643 $0 $17,673
Leo Moses (Chairman) $0 $0 $0
Tim Mcglinchey (Vice Chairman) $0 $0 $0
Richard Mackie (Treasurer) $0 $0 $0
Chris Baker (Secretary) $0 $0 $0
Melvin Lee (Director) $0 $0 $0
Will Chavez (Director (Left 10/27/15)) $0 $0 $0
Tim Green (Director) $0 $0 $0
John Else (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 10, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated