Monroe County Community Credit Union

Organization Overview

Monroe County Community Credit Union, operating under the name Monroe Community Credit Union, is located in Monroe, MI. The organization was established in 1956. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Monroe Community Credit Union employed 103 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Monroe Community Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2021, Monroe Community Credit Union generated $12.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $9.9m during the year ending 12/2021. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MONROE COUNTY COMMUNITY CREDIT UNION IS A CRITICAL PART OF THE COMMUNITIES WE SERVE. AS A NOT-FOR-PROFIT FINANCIAL INSTITUTION, OUR DAY JOB IS TO PROVIDE EXCEPTIONAL BANKING SERVICES TO EACH AND EVERY MEMBER OF OUR CREDIT UNION, BUT OUR REAL PASSION IS TO MAKE AN IMPACT IN THE LIVES OF EACH AND EVERY MEMBER OF OUR COMMUNITY. TOGETHER WITH OUR EMPLOYEES, VOLUNTEERS, AND MEMBERS, WE DON'T JUST SERVE THE COMMUNITY, WE ARE THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOANS TO MEMBERS


CARD SERVICES


OVERDRAFT PROTECTION/COURTESY PAY


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Board, Officers & Key Employees

Name (title)Compensation
Kristine Brenner
President/ceo
$219,401
Mark Radwanski
Svp/cfo
$168,771
Michelle Micallef
SVP Clo
$130,289
Denise Luckenbacher
Controller
$100,326
Gary Sievert
Vice Chairperson
$0
Michael Miller
Chairperson
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Commercial Alliance
Commercial Lending Services
$147,400
Neighborhood Mortgage Solutions
Mortgage Lending Services
$134,074
Pscu
Credit/debit Card Processor
$640,615
Diebold
Atm & Currency Processing Services
$122,775
Cu Answers
Data Processing
$957,476
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$10,387,452
Investment income $1,670,619
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $24,658
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,144,673

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