EIN 38-0495567

Dow Chemical Employees' Credit Union (DCECU)

IRS 501(c) type
501(c)(14)
Num. employees
177
Year formed
1937
Most recent tax filings
2019-12
Description
Dow Chemical Employees' Credit Union's Service Commitment is to be their member's lifelong financial partner by building trusted relationships.

Program areas at DCECU

Dow Chemical Employees' Credit Union is a Michigan state-chartered Credit Union providing approximately 69,000 members with affordable loan account services, savings, checking accounts, and various electronic based services including atm access and online banking. As a cooperative financial institution, we strive to provide outstanding member value and are committed to providing services and solutions that will improve our members' financial life. We offer lower rates on loans, higher rates on deposits and charge very few/low service fees. We have served our members for over 80 years.

Form 990s for DCECU

Fiscal year endingDate received by IRSFormPDF link
2019-122021-06-08990OView PDF
2018-122019-12-11990View PDF
2017-122018-12-22990View PDF
2016-122017-10-18990OView PDF
2015-122016-11-02990OView PDF
...and 6 more Form 990s

Financials for DCECU

RevenuesFYE 12/2019
Total grants, contributions, etc.$0
Program services$45,018,812
Investment income and dividends$15,613,473
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$148,756
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$785,767
Total revenues$61,566,808

Personnel at DCECU

NameTitleCompensation
Dennis HansonPresident and Chief Executive Officer$1,012,651
Michael G GoadChief Executive Officer / Chief Financial Officer$305,001
Arthur PetersChief Operating Officer$345,835
 Subscribe to viewVice President of Finance$125,735
 Subscribe to viewDirector of Information$157,097
...and 6 more key personnel

Organizations like DCECU

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Wanigas Credit UnionSaginaw, MI$18,618,496
Credit Unions Chartered in the State of Michigan - 561 TLC Community Credit UnionAdrian, MI$23,593,571
Community Financial Credit Union (CFCU)Plymouth, MI$56,742,135
Credit Unions Chartered in the State of Michigan - 1201 Kellogg Community Credit UnionBattle Creek, MI$32,588,512
Credit Union ONE (CUONE)Ferndale, MI$66,716,893
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CASE Credit UnionLansing, MI$20,095,348
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Credit Unions Chartered in the State of Michigan - 1101 Public Service Credit UnionRomulus, MI$22,992,823
Community Choice Credit UnionFarmington Hills, MI$64,553,439
Credit Unions Chartered in the State of Michigan - 1199 Cornerstone Community FinancialAuburn Hills, MI$16,149,680
Lafcu (1197 Lafcu)Lansing, MI$43,479,866
Credit Unions Chartered in the State of Michigan - 71 Advia Credit UnionParchment, MI$113,766,194
Credit Unions Chartered in the State of Michigan - 423 Security Credit UnionHolly, MI$26,163,596
Credit UNIONS CHARTERED IN THE STATE OF MICHIGAN Oakland County Credit Union (OCCU)Waterford, MI$21,562,180
Michigan First Credit UnionLathrup Village, MI$80,303,977
Credit Unions Chartered in the State of Michigan - 416 Zeal Credit UnionLivonia, MI$36,110,917
Lake Trust Credit UnionBrighton, MI$95,733,174
Alpena Alcona Area Credit Union (AAACU)Alpena, MI$18,761,990
Credit Unions Chartered in the State of Michigan - 97 Vibe Credit UnionNovi, MI$25,404,715
Michigan Educational Credit Union (MECU)Plymouth, MI$31,919,608
Related structure
DCECU 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; 151 Dow Chemical Employees
Nonprofit Types
Issues
No issues found
Characteristics
Key performance indicators
Total revenues
$61,566,808
2019
Yearly growth
21.7%
% of revenues
n/a
Total expenses
$52,893,869
2019
Yearly growth
18.8%
% of expenses
n/a
Total assets
$1,766,989,635
2019
Yearly growth
8.5%
% of assets
n/a
Num. employees
177
2019
Yearly growth
-1.7%
% of total
n/a
General information
Address
600 E Lyon Rd
Midland, MI 48640
Metro area
Midland, MI
Website URL
dcecu.org:443/ 
Phone
(989) 832-9283
Facebook page
dcecu 
IRS details
EIN
38-0495567
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
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