EIN 38-1502320

Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
36
City
Ludington
Year formed
1952
Most recent tax filings
2022-12-01
Description
Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union is a credit union that provides financial services and products to members. The Credit Union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2020 was 4,089. The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2020 was 6,436. Safe Harbor Credit Union is located in Ludington, MI.
Related structure
Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Safe Harbor Credit Union
Total revenues
$6,315,016
2022
Total expenses
$4,749,542
2022
Total assets
$130,837,946
2022
Num. employees
36
2022

Program areas at Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union

The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2022 was 7,462.
The Credit Union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2022 was 4,616.

Personnel at Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union

NameTitleCompensation
Adam JohnsonPresident and Chief Executive Officer$130,470
Jen MerchantVice President of Operations and Compliance Specialist
Paul WilliamsExecutive Vice President and Finance$91,807
Amy BaldwinVice President and Controller$75,119
Stephanie OverholtVice President and Lending / Vice President of Lending$73,329
...and 1 more key personnel

Financials for Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$6,129,607
Investment income and dividends$192,190
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-6,781
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,315,016

Form 990s for Credit Unions Chartered in the State of Michigan - 264 Safe Harbor Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-07-28990View PDF
2021-122022-11-01990View PDF
2020-122021-06-30990View PDF
2019-122021-06-07990View PDF
2018-122019-11-04990View PDF
...and 9 more Form 990s
Data update history
October 1, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 6, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 5, 2023
Updated personnel
Identified 2 new personnel
February 25, 2022
Updated personnel
Identified 1 new personnel
October 17, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
5511 W Us Hwy 10
Ludington, MI 49431
Website URL
safeharborcu.org/ 
Phone
(231) 843-2323
IRS details
EIN
38-1502320
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1952
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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