1. Directory
  2. Michigan
  3. Brighton
  4. Lake Trust Credit Union
EIN 38-1250516

Lake Trust Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
561
City
Brighton
State
Michigan
Year formed
1943
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Lake Trust Credit Union is a forward-thinking and growing credit union built upon more than 65 years of commitment to members, community, and service.
Related structure
Lake Trust 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 222 Lake Trust Credit Union; Credit Unions Chartered in the State of Michigan
Total revenues
$102,003,770
2022
Total expenses
$89,545,899
2022
Total assets
$2,583,730,909
2022
Num. employees
561
2022

Program areas at Lake Trust Credit Union

Promoted thrift to 181,949 members by offering loans, deposits, and other financial products.

Grants made by Lake Trust Credit Union

GranteeGrant descriptionAmount
Lake Trust Credit Union FoundationCommunity Assistance Lake Trust Employee Assistance$114,173
Salvation Army / Eastern Michigan DivisionLivingston County Capital Campaign$25,000
Downtown Lansing PartnershipSponsorship of Various Downtown Lansing Programs & Events$24,167
...and 15 more grants made

Personnel at Lake Trust Credit Union

NameTitleCompensation
David SnodgrassPresident and Chief Executive Officer$1,175,039
Kara StueweExecutive Vice President , Chief Financial Officer / Executive Vice President - Finance , Treasury and Corporate Services / Exvp - Finance , Treasury and Corporate Services / Exvp - Finance , Treasury and Corporate Servic / Vice President Treasury$268,538
Brandalynn Winchester-MiddlebrookExecutive Vice President , Chief People and Purpose Officer$214,604
James SarverSenior Vice President , Financial Life Planning$216,826
Jack MartinSenior Vice President , Information Technology / Vice President Information Technology / Vice President Inoformation Technology$247,784
...and 10 more key personnel

Financials for Lake Trust Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$625,000
Program services$93,746,217
Investment income and dividends$6,662,383
Tax-exempt bond proceeds$0
Royalty revenue$70,588
Net rental income$-32,031
Net gain from sale of non-inventory assets$-287,446
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,219,059
Total revenues$102,003,770

Form 990s for Lake Trust Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-30990View PDF
2021-122022-10-20990View PDF
2020-122021-10-29990View PDF
2019-122021-06-24990View PDF
2018-122020-01-14990View PDF
...and 9 more Form 990s
Data update history
January 10, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 9, 2024
Updated personnel
Identified 4 new personnel
December 27, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Used new vendors
Identified 20 new vendors, including , , , , , , , , , , , , , , , , , , , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local levelReceives government funding
General information
Address
4605 S Old Us Hwy 23
Brighton, MI 48114
Metro area
Detroit-Warren-Dearborn, MI
County
Livingston County, MI
Website URL
laketrust.org/ 
Phone
(888) 267-7200
Facebook page
LakeTrustCreditUnion 
IRS details
EIN
38-1250516
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1943
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
Free account sign-up

Want updates when Lake Trust Credit Union has new information, or want to find more organizations like Lake Trust Credit Union?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy