EIN 38-1608518

Michigan Coastal Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
12
Year formed
1958
Most recent tax filings
2022-12-01
Description
Michigan Coastal Credit Union provides co-op financial services and products to members. It offers a variety of loans including real estate, credit card, vehicle and more, with 1,898 outstanding loans as of 12/31/2022. Additionally, the credit union provides multiple deposit account types such as savings, checking, certificates and others to its 2,895 members as of the same date.
Related structure
Michigan Coastal Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Total revenues
$1,722,570
2022
Total expenses
$1,647,583
2022
Total assets
$26,406,478
2022
Num. employees
12
2022

Program areas at Michigan Coastal Credit Union

The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/22 was 2,895.
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 1,898.

Personnel at Michigan Coastal Credit Union

NameTitleCompensation
Rob VilandChief Executive Officer$88,350
Jackie MoinetPast Chief Executive Officer

Financials for Michigan Coastal Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$1,695,770
Investment income and dividends$26,800
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$1,722,570

Form 990s for Michigan Coastal Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-07-24990View PDF
2021-122022-10-17990View PDF
2020-122021-06-30990View PDF
2019-122020-09-10990View PDF
2018-122019-06-19990View PDF
...and 10 more Form 990s
Data update history
August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 19, 2023
Used new vendors
Identified 1 new vendor, including
July 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
November 3, 2022
Used new vendors
Identified 1 new vendor, including
October 15, 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
1086 Creston St
Muskegon, MI 49442
Metro area
Muskegon, MI
County
Muskegon County, MI
Website URL
michigancoastal.com/ 
Phone
(231) 777-3620
IRS details
EIN
38-1608518
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1958
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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