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Credit Unions Chartered In The State Of Michigan

485 Chippewa County Credit Union

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$2.11M (2023)

Expenses
$1.83M (2023)

Total Assets
$0 (2023)

Total Liabilities
$0 (2023)

Years with missing data
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
$2,107,665
Expenses
$1,825,437
Net Income
$282,228
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $33,522
1.6%
Program Services $1,746,630
82.9%
Investment Income $320,302
15.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,211
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $166,699
9.1%
Professional Fundraising Fees $0
Other Salaries and Wages $364,748
20.0%
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Related Other
Connie Toensing (Ceo) $99,466 $0 $4,973
Bradley Bisdorf (Coo) $67,233 $0 $3,362
Tom Luoma (Board Presid) $0 $0 $0
Jeannie Masterson (Treasurer) $0 $0 $0
Roy Nason (Director) $0 $0 $0
Joseph Nolan (Director) $0 $0 $0
Suzette Olson (Director) $0 $0 $0
Thomas Pink (Secretary) $0 $0 $0
Judith Walsh (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,839,231
Expenses
$1,692,037
Net Income
$147,194
Net Assets
$3,831,499
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,623,072
88.2%
Investment Income $206,804
11.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,355
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $135,133
8.0%
Professional Fundraising Fees $0
Other Salaries and Wages $394,347
23.3%
Assets/Debt
Total Assets $38,175,294
Total Liabilities $34,343,795
Net Assets $3,831,499
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Connie Toensing (Ceo) $82,100 $0 $0
Bradley Bisdorf (Coo) $53,033 $0 $0
Tom Luoma (Board Presid) $0 $0 $0
Jeannie Masterson (Treasurer) $0 $0 $0
Roy Nason (Director) $0 $0 $0
Joseph Nolan (Director) $0 $0 $0
Suzette Olson (Director) $0 $0 $0
Thomas Pink (Secretary) $0 $0 $0
Judith Walsh (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,798,174
Expenses
$1,564,869
Net Income
$233,305
Net Assets
$3,684,305
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,597,436
88.8%
Investment Income $190,973
10.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,765
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $122,844
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $345,989
22.1%
Assets/Debt
Total Assets $38,046,639
Total Liabilities $34,362,334
Net Assets $3,684,305
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Connie Toensing (Ceo) $80,425 $0 $0
Bradley Bisdorf (Coo) $42,419 $0 $0
Tom Luoma (Board Presid) $0 $0 $0
Jeannie Masterson (Treasurer) $0 $0 $0
Roy Nason (Director) $0 $0 $0
Joseph Nolan (Director) $0 $0 $0
Suzette Olson (Director) $0 $0 $0
Thomas Pink (Director) $0 $0 $0
Judith Walsh (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,727,935
Expenses
$1,549,624
Net Income
$178,311
Net Assets
$3,450,995
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,524,860
88.2%
Investment Income $193,828
11.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,247
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $77,427
5.0%
Professional Fundraising Fees $0
Other Salaries and Wages $365,120
23.6%
Assets/Debt
Total Assets $33,778,426
Total Liabilities $30,327,431
Net Assets $3,450,995
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Connie Toensing (Ceo) $77,427 $0 $0
Tom Luoma (Board Presid) $0 $0 $0
Jeannie Masterson (Treasurer) $0 $0 $0
Roy Nason (Director) $0 $0 $0
Suzette Olson (Director) $0 $0 $0
Jenny Peterman (Director) $0 $0 $0
Thomas Pink (Director) $0 $0 $0
Judith Walsh (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,697,172
Expenses
$1,512,083
Net Income
$185,089
Net Assets
$3,272,684
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,487,104
87.6%
Investment Income $201,899
11.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,169
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $73,606
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $352,019
23.3%
Assets/Debt
Total Assets $28,468,897
Total Liabilities $25,196,213
Net Assets $3,272,684
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Connie Toensing (Ceo) $73,606 $0 $0
Tom Luoma (Board Presid) $0 $0 $0
Jeannie Masterson (Treasurer) $0 $0 $0
Roy Nason (Director) $0 $0 $0
Suzette Olson (Director) $0 $0 $0
Jenny Peterman (Director) $0 $0 $0
Thomas Pink (Secretary) $0 $0 $0
Judith Walsh (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,605,671
Expenses
$1,435,969
Net Income
$169,702
Net Assets
$3,087,595
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,474,542
91.8%
Investment Income $120,114
7.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,015
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $70,308
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $345,676
24.1%
Assets/Debt
Total Assets $27,444,991
Total Liabilities $24,357,396
Net Assets $3,087,595
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Connie Toensing (Ceo) $70,308 $0 $0
Tom Luoma (Board Presid) $0 $0 $0
Judith Walsh (Vice Preside) $0 $0 $0
Laurie Gierke (Secretary) $0 $0 $0
Jeannie Masterson (Treasurer) $0 $0 $0
Roy Nason (Director) $0 $0 $0
Jenny Peterman (Director) $0 $0 $0
Thomas Pink (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,548,227
Expenses
$1,542,504
Net Income
$5,723
Net Assets
$2,917,893
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,438,459
92.9%
Investment Income $98,174
6.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,594
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $69,367
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $351,747
22.8%
Assets/Debt
Total Assets $27,430,399
Total Liabilities $24,512,506
Net Assets $2,917,893
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Connie Toensing (Ceo) $70,368 $0 $0
Tom Luoma (Board Presid) $0 $0 $0
Judith Walsh (Vice Preside) $0 $0 $0
Laurie Gierke (Secretary) $0 $0 $0
Jeannie Masterson (Treasurer) $0 $0 $0
Roy Nason (Director) $0 $0 $0
Jenny Peterman (Director) $0 $0 $0
Thomas Pink (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,477,495
Expenses
$1,725,062
Net Income
-$247,567
Net Assets
$2,931,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,412,484
95.6%
Investment Income $50,966
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $14,045
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $69,393
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $349,752
20.3%
Assets/Debt
Total Assets $29,477,628
Total Liabilities $26,546,556
Net Assets $2,931,072
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Connie Toensing (Ceo) $70,395 $0 $0
R Ben Jones (Chairperson) $0 $0 $0
Judith Walsh (Vice Chair) $0 $0 $0
Laurie Gierke (Secretary) $0 $0 $0
Robert Ellis (Treasurer) $0 $0 $0
Roy Nason (Board Member) $0 $0 $0
Jeannie Masterson (Board Member) $0 $0 $0
Thomas Pink (Board Member) $0 $0 $0
Tom Luoma (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,546,448
Expenses
$1,556,892
Net Income
-$10,444
Net Assets
$3,227,494
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,440,754
93.2%
Investment Income $95,787
6.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,907
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $71,447
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $352,781
22.7%
Assets/Debt
Total Assets $28,427,538
Total Liabilities $25,200,044
Net Assets $3,227,494
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Connie Toensing (Ceo) $345,532 $0 $0
Thomas Pink (Board Member) $0 $0 $0
R Ben Jones (Chairperson) $0 $0 $0
Judith Walsh (Vice Chair) $0 $0 $0
Laurie Gierke (Secretary) $0 $0 $0
Robert Ellis (Treasurer) $0 $0 $0
Roy Nason (Board Member) $0 $0 $0
Jeannie Masterson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,450,450
Expenses
$1,352,394
Net Income
$98,056
Net Assets
$3,353,474
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,368,101
94.3%
Investment Income $69,172
4.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,177
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $65,818
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $305,172
22.6%
Assets/Debt
Total Assets $27,196,360
Total Liabilities $23,842,886
Net Assets $3,353,474
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Connie Toensing (Ceo) $65,818 $0 $0
Thomas Pink (Board Member) $0 $0 $0
R Ben Jones (Chairperson) $0 $0 $0
Judith Walsh (Vice Chair) $0 $0 $0
Laurie Gierke (Secretary) $0 $0 $0
Robert Ellis (Treasurer) $0 $0 $0
Roy Nason (Board Member) $0 $0 $0
Jeannie Masterson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,408,905
Expenses
$1,284,957
Net Income
$123,948
Net Assets
$3,022,900
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,298,811
92.2%
Investment Income $78,298
5.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $31,796
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $63,149
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $277,932
21.6%
Assets/Debt
Total Assets $25,481,173
Total Liabilities $22,458,273
Net Assets $3,022,900

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,286,361
Expenses
$1,256,315
Net Income
$30,046
Net Assets
$2,960,708
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,183,523
92.0%
Investment Income $76,186
5.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $26,652
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $56,963
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $286,526
22.8%
Assets/Debt
Total Assets $24,499,191
Total Liabilities $21,538,483
Net Assets $2,960,708

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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