EIN 38-1446160

Credit Unions Chartered in the State of Michigan - 278 Consumers Professional Cu

IRS 501(c) type
501(c)(14)
Num. employees
62
Year formed
1953
Most recent tax filings
2024-12-01
Description
Consumers Professional Credit Union commits to building lifelong relationships with members and providing the greatest service experience. The Credit Union offers a variety of loans, such as real estate, credit card, and vehicle loans, with 2,382 outstanding as of 12/31/2022. Additionally, it provides deposit account types like savings, checking, and certificates to its 5,316 members.
Related structure
Credit Unions Chartered in the State of Michigan - 278 Consumers Professional Cu is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Consumers Professional Credit Union; 278 Consumers Professional Cu
Total revenues
$7,511,235
2024
Total expenses
$5,704,638
2024
Total assets
$134,612,428
2024
Num. employees
62
2024

Program areas at Credit Unions Chartered in the State of Michigan - 278 Consumers Professional Cu

The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2024 was 7,379.
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 12/31/2024 was 3,624.

Financials for Credit Unions Chartered in the State of Michigan - 278 Consumers Professional Cu

RevenuesFYE 12/2024
Total grants, contributions, etc.$0
Program services$4,670,255
Investment income and dividends$2,840,980
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$7,511,235
Data update history
June 4, 2025
Posted financials
Added Form 990 for fiscal year 2024
December 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
525 W Willow St
Lansing, MI 48906
Metro area
Lansing-East Lansing, MI
County
Ingham County, MI
Phone
(517) 372-2400
IRS details
EIN
38-1446160
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1953
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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