Michigan Cra Association

Organization Overview

Michigan Cra Association is located in Belleville, MI. The organization was established in 2014. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Cra Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Michigan Cra Association generated $47.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $36.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

THE ORGANIZATION'S MISSION IS TO IDENTIFY THE CREDIT NEEDS OF OUR COMMUNITIES AND ACTIVELY PROMOTE EFFORTS TO MEET THE CREDIT NEEDS OF LOW- OR-MODERATE INCOME FAMILIES AND INDIVIDUALS AND TO SERVE AS THE EDUCATION BRANCH OF THE COMMUNITY REINVESTMENT ASSOCIATIONS IN VARIOUS COUNTIES IN THE STATE OF MICHIGAN.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$47,089
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$47,089

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