2025-11-17T12:05:23-06:00 2024-12-31 383635706 REHMANN ROBSON LLC 1500 W BIG BEAVER RD 2ND FLR TROY MI 48084 990 2024-01-01 380826778 MICHIGAN CREDIT UNION LEAGUE MICH 7347933420 PO BOX 190 ROYAL OAK MI 48068 WENDY VADNAIS CFO 7347933420 2025-11-17 1 0 KATHLEEN M UNDERHILL CPA P00589677 2489525000 2025-11-17 2024 2025-03-06 01:10:19Z X WENDY VADNAIS PO BOX 190 ROYAL OAK MI 48068 6522576 0 X WWW.MCUL.ORG X 1941 MI PROVIDE ADVOCACY AND SUPPORT TO HELP CREDIT UNIONS SUCCEED AND ENRICH THE LIVES OF THEIR MEMBERS. 17 17 28 17 0 0 0 0 3127977 3601356 2042527 917220 0 0 5170504 4518576 0 127 0 0 2444805 2653950 0 0 0 2816395 3088352 5261200 5742429 -90696 -1223853 88158406 91756734 2241060 1059292 85917346 90697442 STRENGTHEN THE CREDIT UNION COMMUNITY AND ITS IMAGE BY PROVIDING ADVOCACY ON IMPORTANT ISSUES, COORDINATING COOPERATIVE INITIATIVES AND BY PROVIDING HIGH-QUALITY SOLUTIONS THAT HELP CREDIT UNIONS SUCCEED AND ENRICH THE LIVES OF THEIR MEMBERS. 0 0 OFFER SUPPORT AND PROVIDE ADVOCACY TO AFFILIATED CREDIT UNIONS. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 38 0 1 28 1 0 1 CA 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MI X WENDY VADNAIS 7347933420 PO BOX 190 ROYAL OAK MI 48068 DEAN TRUDEAU CHAIR/AT LARGE DIRECTOR 0.50 X X 0 0 0 CARMA PETERS VICE CHAIR/DIRECTOR 0.50 X X 0 0 0 DREMA ISAAC SECRETARY/TREASURER/DIRECTOR 0.50 X X 0 0 0 HEATHER LUCIANI DIRECTOR 0.50 X 0 0 0 CHRISSY SIDERS ALTERNATE DIRECTOR 0.50 X 0 0 0 ANDY KEMPF DIRECTOR 0.50 X 0 0 0 JUSTIN BAMFORD ALTERNATE DIRECTOR 0.50 X 0 0 0 DON MILLS DIRECTOR 0.50 X 0 0 0 JENNY HOYLE ALTERNATE DIRECTOR 0.50 X 0 0 0 CONNIE TOENSING DIRECTOR 0.50 X 0 0 0 JOY HILL ALTERNATE DIRECTOR 0.50 X 0 0 0 JEFF BENSON DIRECTOR 0.50 X 0 0 0 BRAD BERGMOOSER ALTERNATE DIRECTOR 0.50 X 0 0 0 KELLI WISNER-FRANK ALTERNATE DIRECTOR 0.50 X 0 0 0 KRISTINE BRENNER ALTERNATE DIRECTOR 0.50 X 0 0 0 JENNIFER WATSON AT-LARGE DIRECTOR 0.50 X 0 0 0 KATE HALL AT-LARGE DIRECTOR 0.50 X 0 0 0 PATRICIA CORKERY PRESIDENT/CEO 45.00 5.00 X 550886 0 26751 WENDY VADNAIS CFO 5.00 45.00 X 0 277348 13923 KIERAN MARION EVP ADVOCACY 50.00 0.50 X 214229 0 29052 RENEE WERTH EVP LEAGUE SERVICES 37.50 12.50 X 223245 0 12153 988360 277348 81879 3 0 1 0 STORYFI 17250 NEWBURGH RD LIVONIA MI 48152 MEDIA & CREATIVE SERVICES 139250 POWER PLUS PRODUCTIONS CORPORATION 2460 GRAND AVENUE VISTA CA 92081 AUDIO VISUAL SERVICES 109552 2 PROGRAM SVC FEES 900099 1418125 1418125 EDUCATION 900099 907500 907500 MEMBERSHIP DUES 900099 864358 864358 AC&E 900099 377277 377277 LICENSING 900099 34096 34096 3601356 917220 917220 2004000 2004000 0 4518576 3601356 0 917220 127 577637 1648536 95503 181503 150771 9716 37417 18442 452636 58285 95316 11962 19406 205238 897634 7965 89611 15260 CHAPTER EXPENSES 630175 OTHER 390685 SHARED EXPENSES 139250 FLOW THRU LOSSES 9354 5742429 2189846 1554042 307022 307447 158410 180756 262248 259783 280805 245211 33682 35594 67647680 71186389 17559518 18232723 88158406 91756734 1033551 309390 718217 309165 489292 440737 2241060 1059292 X 85917346 90697442 85917346 90697442 88158406 91756734 X -1223853 1929508 4074441 X X 0 1 X 1 0 1 0 0 280805 245211 35594 35594 CU SOLUTIONS GROUP 51241580 C EQUITY FUNDS 12520391 F CORPORATE BONDS 5813585 F MICHIGAN CREDIT UNION LEAGUE SERVICE CORP 1610833 C 71186389 INTEREST RECEIVABLE 1412013 OTHER INVESTMENTS 2857953 RECEIVABLE FROM AFFILIATES 8674245 LOAN TO AFFILIATE 5150000 NET OPERATING RIGHT OF USE ASSETS 138512 18232723 POSTRETIREMENT BENEFIT OBLIGATION 302270 LEASE OBLIGATION 138467 440737 X PART X, LINE 2: THE ORGANIZATION HAS ANALYZED ITS INCOME TAX POSITIONS FOR 2021 THROUGH 2024, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTION AS OF DECEMBER 31, 2024. THE ORGANIZATION CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY INCREASE IN THE NEXT 12 MONTHS. THE ORGANIZATION DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT DECEMBER 31, 2024 AND 2023, AND IT IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES. X X X 1 1 X X X 0 0 0 PATRICIA CORKERY PRESIDENT/CEO 550886 0 0 0 0 0 10778 0 15973 0 577637 0 0 0 WENDY VADNAIS CFO 0 277348 0 0 0 0 0 12596 0 1327 0 291271 0 0 KIERAN MARION EVP ADVOCACY 214229 0 0 0 0 0 10474 0 18578 0 243281 0 0 0 RENEE WERTH EVP LEAGUE SERVICES 223245 0 0 0 0 0 10541 0 1612 0 235398 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS ORGANIZED ON A NONSTOCK MEMBERSHIP BASIS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS. ONE MEMBER FROM EACH OF THE TEN MEMBERSHIP DISTRICTS IS ELECTED TO BE ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE TREASURER AND FINANCE DIRECTOR AND IS THEN PRESENTED TO THE BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL LEAGUE POLICYMAKERS ARE REQUIRED TO ANNUALLY SIGN AND COMPLETE THE STATEMENT OF DISCLOSURE OF CONFLICT OF INTEREST RESOLUTION ACKNOWLEDGING RECEIPT OF A COPY OF THE CONFLICT OF INTEREST RESOLUTION AND CERTIFYING AGREEMENT TO MAKE FULL AND COMPLETE DISCLOSURE OF ANY CONFLICT OF INTEREST AND FORWARD IT DIRECTLY TO THE LEAGUE CHAIRMAN C/O THE CHIEF EXECUTIVE OFFICER AT THE LEAGUE. FORM 990, PART VI, SECTION B, LINE 15A THE AUDIT COMMITTEE AND REVIEW PROCESS COMMITTEE REVIEW THE COMPENSATION OF THE CEO. THE CEO'S COMPENSATION IS BASED ON COMPARABLE DATA OF SIMILAR CREDIT UNION LEAGUES. A RECOMMENDATION IS GIVEN TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: EARNINGS IN UNCONSOLIDATED SUBSIDIARIES 4,067,057. NET INCOME FROM FLOWTHROUGH ENTITIES 7,384. FORM 990, PART XII, LINE 2C: THE PROCESS FOR SELECTING AND OVERSEEING THE WORK OF THE INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PRIOR YEAR. MICHIGAN CREDIT UNION FOUNDATION PO BOX 190 ROYAL OAK MI 48068 386066911 SUPPORT CREDIT UNION MOVEMENT MI 501(C)(3) LINE 7 N/A 0 CURE DEFENSE FUND PO BOX 190 ROYAL OAK MI 48068 203928822 CREDIT UNION SERVICES MI 501(C)(6) N/A 0 DMIRF INVESTING CUSO LLC PO BOX 190 ROYAL OAK MI 48068 472058687 INVESTMENTS MI MICHIGAN CREDIT UNION LEAGUE UNRELATED -7960 17957 0 -7963 1 0.12120 CU SOLUTIONS GROUP INCORPORATED PO BOX 190 PLYMOUTH MI 48068 383548085 CREDIT UNION SERVICES MI MICHIGAN CREDIT UNION LEAGUE C 28389 65426866 0.64020 1 MICHIGAN CREDIT UNION LEAGUE SERVICE CORPORATION PO BOX 190 PLYMOUTH MI 48068 462756779 CREDIT UNION SERVICES MI MICHIGAN CREDIT UNION LEAGUE C 430254 2100272 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 CU SOLUTIONS GROUP INCORPORATED P 668176 ACTUAL COST MICHIGAN CREDIT UNION LEAGUE SERVICE CORP Q 365112 ACTUAL COST