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EIN 38-1598795

Credit Union Chartered in the State of Michigan - 506 Intandem Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
32
City
Grand Rapids
State
Michigan
Year formed
1956
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
506 Kent County Credit Union: Financial services and loans; inspires stability and success in the community. Grand Rapids location.
Related structure
Credit Union Chartered in the State of Michigan - 506 Intandem Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Credit Unions Chartered in the State of Michigan; Credit Unions Chartered in the State of Michigan Kent County; 506 Intandem Credit Union; Kent County Credit Union
Total revenues
$3,827,815
2023
Total expenses
$3,337,276
2023
Total assets
$72,187,777
2023
Num. employees
32
2023

Program areas at Credit Union Chartered in the State of Michigan - 506 Intandem Credit Union

Provide 5,088 members with savings, share draft, high yield shares, vacation and christmas club, business and fiduciary accounts, certificates of deposit, iras and money market accounts with aggregate balances that approximated $64,064,000 as of december 31, 2023.
Offer atm and debit cards, shared branching, money orders, bill pay, check cashing, wire transfers, bilingual services and insurance products.
Provide 3,153 loans including home equity, share secured, first mortgage, Credit card, unsecured, new and used vehicle, recreational vehicles, and line of Credit. Total loan balances approximated $42,759,000 as of december 31, 2023.

Financials for Credit Union Chartered in the State of Michigan - 506 Intandem Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$3,297,814
Investment income and dividends$530,001
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,827,815
Data update history
February 23, 2025
Posted financials
Added Form 990 for fiscal year 2023
February 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 31, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 23, 2023
Used new vendors
Identified 2 new vendors, including , and
July 8, 2023
Updated personnel
Identified 6 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
1619 Plainfield Ne
Grand Rapids, MI 49505
Metro area
Grand Rapids-Kentwood, MI
County
Kent County, MI
Website URL
intandemcu.com/ 
Phone
(616) 336-3490
IRS details
EIN
38-1598795
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1956
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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