Skip to content
ProPublica Donate
ProPublica Donate

Credit Unions Chartered In The State Of Michigan

1200 Financial Plus Credit Union

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
$76.2M (2023)

Expenses
$66.7M (2023)

Total Assets
$1.29B (2023)

Total Liabilities
$1.14B (2023)

Source: Form 990 tax filings from 2014 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
$76,218,408
Expenses
$66,749,529
Net Income
$9,468,879
Net Assets
$143,988,168
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $66,599,156
87.4%
Investment Income $8,823,234
11.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $796,018
1.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $3,383,220
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $14,540,530
21.8%
Assets/Debt
Total Assets $1,286,739,109
Total Liabilities $1,142,750,941
Net Assets $143,988,168
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bernard Williams (Integration Advisor) $1,151,371 $0 $37,341
Bradley Bergmooser (President & Ceo) $646,906 $0 $67,308
Tammy O'leary (Integration Advisor) $469,168 $0 $2,587
Wade Decker (Cfo) $287,485 $0 $52,192
Rachelle Kippe (Svp Of Lending) $202,140 $0 $42,089
Deanna Wallace (Svp Of People And Retail Delivery) $201,252 $0 $38,627
Nathan Adams (Director Of Business Services) $174,607 $0 $39,428
Lisa Shoemaker (Vp Of Mortgage Lending) $153,313 $0 $31,440
Doug Fenlon (Director Of It) $151,760 $0 $31,892
Michael Balls (Vice Chairman) $0 $0 $0
Barney Hennessy (Chairman) $0 $0 $0
William Tynes (Director) $0 $0 $0
Kim Jones (Secretary) $0 $0 $0
Kirk Rheaume (Director) $0 $0 $0
Diana Webb (Treasurer) $0 $0 $0
Larry Campbell (Director) $0 $0 $0
Ron Jansson (Director) $0 $0 $0
Lisa Wilson (Director) $0 $0 $0
Gerald Little (Director) $0 $0 $0
Gus Alexander (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$49,966,116
Expenses
$42,573,487
Net Income
$7,392,629
Net Assets
$131,314,110
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $45,254,674
90.6%
Investment Income $5,368,241
10.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$656,799
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,800,233
4.2%
Professional Fundraising Fees $0
Other Salaries and Wages $11,912,664
28.0%
Assets/Debt
Total Assets $1,232,513,294
Total Liabilities $1,101,199,184
Net Assets $131,314,110
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bradley Bergmooser (President & Ceo) $559,036 $0 $75,254
Bernard Williams (Integration Advisor) $422,128 $0 $34,375
Wade Decker (Cfo) $294,525 $0 $49,051
Rachelle Kippe (Svp Of Lending) $215,331 $0 $39,941
Deanna Wallace (Svp Of Hr & Member Experie) $214,530 $0 $35,632
Tammy O'leary (Integration Advisor) $212,137 $0 $9,230
Nathan Adams (Director Of Comm. Lending) $192,491 $0 $37,332
Lisa Shoemaker (Vp Of Mortgage Lending) $161,393 $0 $22,619
Steven Martin (Director Of Internal Audit) $146,352 $0 $27,746
Susan Bennett (Vp Of It & Operations) $146,009 $0 $24,615
Michelle Thompson (Vp Of Operations) $116,707 $0 $29,602
Michael Balls (Vice Chairman) $0 $0 $0
Barney Hennessy (Chairman) $0 $0 $0
William Tynes (Director) $0 $0 $0
Kim Jones (Secretary) $0 $0 $0
Kirk Rheaume (Director) $0 $0 $0
Diana Webb (Treasurer) $0 $0 $0
Larry Campbell (Director) $0 $0 $0
Ron Jansson (Director) $0 $0 $0
Lisa Wilson (Director) $0 $0 $0
Gerald Little (Director) $0 $0 $0
Gus Alexander (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$36,611,617
Expenses
$27,921,900
Net Income
$8,689,717
Net Assets
$88,272,292
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $32,762,765
89.5%
Investment Income $3,797,903
10.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $25,264
0.1%
Net Inventory Sales $25,685
0.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,406,583
5.0%
Professional Fundraising Fees $0
Other Salaries and Wages $8,809,680
31.6%
Assets/Debt
Total Assets $802,734,792
Total Liabilities $714,462,500
Net Assets $88,272,292
Compensation
Key Employees and Officers Compensation Related Other
Bradley Bergmooser (President & Ceo) $391,140 $0 $52,833
Wade Decker (Cfo) $249,009 $0 $42,445
Rachelle Kippe (Svp Of Lending) $214,952 $0 $37,308
Deanna Wallace (Svp Of Hr & Member Experience) $197,824 $0 $33,029
Nathan Adams (Director Of Comm. Lending) $184,769 $0 $35,308
Susan Bennett (Vp Of It & Operations) $168,888 $0 $33,375
Ron Jansson (Vice Chairman) $0 $0 $0
Barney Hennessy (Chairman) $0 $0 $0
William Tynes (Director) $0 $0 $0
Kim Jones (Secretary) $0 $0 $0
Kirk Rheaume (Director) $0 $0 $0
Diana Webb (Treasurer) $0 $0 $0
Larry Campbell (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,034,404
Expenses
$29,302,449
Net Income
$1,731,955
Net Assets
$84,646,336
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $26,752,404
86.2%
Investment Income $4,108,215
13.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $151,799
0.5%
Net Inventory Sales $21,986
0.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,087,061
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $8,006,309
27.3%
Assets/Debt
Total Assets $699,057,295
Total Liabilities $614,410,959
Net Assets $84,646,336
Compensation
Key Employees and Officers Compensation Related Other
Bradley Bergmooser (President & Ceo) $436,832 $0 $49,609
Marilyn Reno (Former President & Ceo) $352,047 $0 $50,434
Olga Long (Former Vp Of Strategic Growth & M) $297,710 $0 $46,882
Wade Decker (Cfo) $221,514 $0 $40,368
Deanna Wallace (Vp Of Hr & Retail Operatio) $171,343 $0 $30,728
Susan Bennett (Vp Of It & Operations) $143,487 $0 $31,690
Michael Furst (Vp Of Lending & Collection) $129,186 $0 $14,547
Rachelle Kippe (Vp Of Mortgages) $66,202 $0 $4,482
Ron Jansson (Vice Chairman) $0 $0 $0
Barney Hennessy (Chairman) $0 $0 $0
William Tynes (Director) $0 $0 $0
Kim Jones (Secretary) $0 $0 $0
Kirk Rheaume (Director) $0 $0 $0
Diana Webb (Treasurer) $0 $0 $0
Larry Campbell (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,884,823
Expenses
$28,489,936
Net Income
$2,394,887
Net Assets
$78,672,632
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $26,660,930
86.3%
Investment Income $4,200,677
13.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $17,895
0.1%
Net Inventory Sales $5,321
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,238,257
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $7,811,222
27.4%
Assets/Debt
Total Assets $569,725,643
Total Liabilities $491,053,011
Net Assets $78,672,632
Compensation
Key Employees and Officers Compensation Related Other
Marilyn Reno (President & Ceo) $335,251 $0 $50,655
Wade Decker (Cfo) $191,944 $0 $37,534
Olga Long (Vp Of Strategic Growth & Marketing) $152,574 $0 $34,157
Deanna Wallace (Vp Of Hr & Retail Operatio) $141,726 $0 $29,271
Susan Bennett (Vp Of It & Operations) $131,102 $0 $30,190
Michael Furst (Vp Of Lending & Collection) $91,125 $0 $12,728
Ron Jansson (Vice Chairman) $0 $0 $0
Barney Hennessy (Chairman) $0 $0 $0
William Tynes (Director) $0 $0 $0
Kim Jones (Secretary) $0 $0 $0
Kirk Rheaume (Director) $0 $0 $0
Diana Webb (Treasurer) $0 $0 $0
Larry Campbell (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,711,530
Expenses
$27,594,834
Net Income
$3,116,696
Net Assets
$73,411,818
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $27,874,341
90.8%
Investment Income $2,803,956
9.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $18,905
0.1%
Net Inventory Sales $14,328
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,251,151
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $7,570,390
27.4%
Assets/Debt
Total Assets $536,761,945
Total Liabilities $463,350,127
Net Assets $73,411,818
Compensation
Key Employees and Officers Compensation Related Other
Marilyn Reno (President & Ceo) $351,786 $0 $49,011
Olga Long (Senior Vice President) $171,334 $0 $33,811
Wade Decker (Cfo) $154,185 $0 $31,827
Deanna Wallace (Vp Of Hr & Retail Operatio) $152,137 $0 $28,295
Susan Bennett (Vp Of It & Operations) $129,468 $0 $27,895
Michael Furst (Vp Of Lending & Collection) $109,150 $0 $12,252
Ron Jannsson (Chairman) $0 $0 $0
Barney Hennessy (Vice Chairman) $0 $0 $0
William Tynes (Director) $0 $0 $0
Kim Jones (Secretary) $0 $0 $0
Kirk Rheaume (Director) $0 $0 $0
Diana Webb (Treasurer) $0 $0 $0
Robert Allen (Director) $0 $0 $0
Charles Cotterman (Director) $0 $0 $0
Muriel Samuels (Advisory Board) $0 $0 $0
Larry Campbell (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,494,087
Expenses
$27,556,600
Net Income
$2,937,487
Net Assets
$71,044,400
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $28,776,165
94.4%
Investment Income $1,717,568
5.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,524
Net Inventory Sales $2,878
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,362,747
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $6,779,185
24.6%
Assets/Debt
Total Assets $520,484,816
Total Liabilities $449,440,416
Net Assets $71,044,400
Compensation
Key Employees and Officers Compensation Related Other
Marilyn Reno (President & Ceo) $337,863 $0 $48,691
Olga Long (Senior Vice President) $156,200 $0 $33,155
Nathan Orange (Director Of Commercial Len) $142,359 $0 $31,527
Deanna Wallace (Vp Of Hr & Retail Operatio) $142,201 $0 $28,793
Wade Decker (Cfo) $138,477 $0 $31,098
Susan Hankins (Vp Of It & Operations) $122,392 $0 $26,724
Michael Furst (Vp Of Lending & Collection) $110,934 $0 $12,333
Ron Jannsson (Chairman) $0 $0 $0
Barney Hennessy (Vice Chairman) $0 $0 $0
William Tynes (Director) $0 $0 $0
Kim Jones (Secretary) $0 $0 $0
Kirk Rheaume (Director) $0 $0 $0
Diana Webb (Treasurer) $0 $0 $0
Steven Schlict (Audit Chairman) $0 $0 $0
Charles Cotterman (Audit Committee) $0 $0 $0
Muriel Samuels (Advisory Board) $0 $0 $0
Larry Campbell (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,452,279
Expenses
$25,543,135
Net Income
$2,909,144
Net Assets
$67,921,474
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $26,783,931
94.1%
Investment Income $1,700,790
6.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$4,038
Net Inventory Sales -$28,404
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,168,838
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $6,397,874
25.0%
Assets/Debt
Total Assets $501,325,155
Total Liabilities $433,403,681
Net Assets $67,921,474
Compensation
Key Employees and Officers Compensation Related Other
Marilyn Reno (President & Ceo) $291,193 $0 $44,511
Olga Long (Senior Vice President) $136,079 $0 $30,938
Deanna Wallace (Vp Of Hr & Retail Operatio) $128,707 $0 $27,891
Susan Hankins (Vp Of It & Operations) $114,537 $0 $26,338
Michael Furst (Vp Of Lending & Collection) $101,272 $0 $11,434
Wade Decker (Cfo) $26,400 $0 $0
Ron Jannson (Chairman) $0 $0 $0
Barney Hennessy (Vice Chairman) $0 $0 $0
Harvey Stevens (Director) $0 $0 $0
Kim Jones (Secretary) $0 $0 $0
Dick Starr (Director) $0 $0 $0
Diana Webb (Treasurer) $0 $0 $0
Byron Mccarthy (Audit Chairman) $0 $0 $0
Charlie Kirk (Audit Committee) $0 $0 $0
Edward White (Audit Committee) $0 $0 $0
Steven Schlict (Audit Committee) $0 $0 $0
Charles Cotterman (Audit Committee) $0 $0 $0
Muriel Samuels (Advisory Board) $0 $0 $0
Larry Campbell (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,539,623
Expenses
$22,288,261
Net Income
$3,251,362
Net Assets
$65,761,658
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $24,182,364
94.7%
Investment Income $1,360,738
5.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $13,056
0.1%
Net Inventory Sales -$25,090
Other Revenue $8,555
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,039,463
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $5,937,136
26.6%
Assets/Debt
Total Assets $458,808,831
Total Liabilities $393,047,173
Net Assets $65,761,658
Compensation
Key Employees and Officers Compensation Related Other
Jill Reno (President & Ceo) $254,425 $0 $37,781
Olga Long (Senior Vice President) $119,816 $0 $26,036
Deanna Wallace (Vp Of Hr & Retail Operatio) $115,199 $0 $23,730
Nathan Orange (Commercial Lending Manager) $107,741 $0 $24,703
Susan Hankins (Vp Of It & Operations) $102,632 $0 $22,484
Nathan Davidson (Vp Of Finance & Accounting) $99,226 $0 $24,011
Michael Furst (Vp Of Lending & Collections) $77,315 $0 $4,362
Ron Jannson (Chairman) $0 $0 $0
Barney Hennessy (Vice Chairman) $0 $0 $0
Harvey Stevens (Treasurer) $0 $0 $0
Rudy Armstrong (Secretary) $0 $0 $0
Kim Jones (Director) $0 $0 $0
Dick Starr (Director) $0 $0 $0
Diana Webb (Director) $0 $0 $0
Byron Mccarthy (Audit Chairman) $0 $0 $0
Charlie Kirk (Audit Committee) $0 $0 $0
Edward White (Audit Committee) $0 $0 $0
Steven Schlict (Audit Committee) $0 $0 $0
Charles Cotterman (Audit Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,919,674
Expenses
$22,209,158
Net Income
$3,710,516
Net Assets
$62,329,114
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,830,433
91.9%
Investment Income $1,399,091
5.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$94,647
Net Inventory Sales -$19,977
Other Revenue $804,774
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $735,183
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $5,818,225
26.2%
Assets/Debt
Total Assets $425,714,720
Total Liabilities $363,385,606
Net Assets $62,329,114
Compensation
Key Employees and Officers Compensation Related Other
Jill Reno (President & Ceo) $225,538 $0 $30,728
Olga Long (Senior Vice President) $109,222 $0 $22,703
Kenneth Mccollum (Former Vp Of Lending) $105,027 $0 $21,839
Deanna Wallace (Vp Of Hr & Retail Operation) $102,714 $0 $20,302
Susan Hankins (Vp Of It & Operations) $96,085 $0 $19,789
Nathan Davidson (Vp Of Finance & Accounting) $87,199 $0 $20,903
Ron Jannson (Chairman) $0 $0 $0
Barney Hennessy (Vice Chairman) $0 $0 $0
Harvey Stevens (Treasurer) $0 $0 $0
Rudy Armstrong (Secretary) $0 $0 $0
Kim Jones (Director) $0 $0 $0
Dick Starr (Director) $0 $0 $0
Diana Webb (Director) $0 $0 $0
Byron Mccarthy (Audit Chairman) $0 $0 $0
Charlie Kirk (Audit Committee) $0 $0 $0
Edward White (Audit Committee) $0 $0 $0
Steven Schlict (Audit Committee) $0 $0 $0
Charles Cotterman (Audit Committee) $0 $0 $0

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.

API

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