Nonprofit · EIN 38-1395220
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN
Also known as FINANCIALEDGE CREDIT UNION, National Youth Involvement Board
Tax-exempt · BAY CITY, MI 48706
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $8,735,807 | $7,393,751 | $1,342,056 | $139,894,725 | $122,342,312 | $17,552,413 |
| December 31, 2024 | 990 (amended) | $8,413,154 | $6,884,738 | $1,528,416 | $128,431,019 | $112,435,147 | $15,995,872 |
| December 31, 2023 | 990 | $7,300,435 | $5,820,502 | $1,479,933 | $122,192,163 | $108,092,975 | $14,099,188 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $7,097,637
- Investment income
- $1,673,454
- Other revenue
- -$35,284
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $909,482
- Other salaries and wages
- $1,335,875
- Salaries, compensation and benefits (total)
- $2,742,972
- Professional fundraising fees
- $0
- Occupancy
- $242,423
- Travel
- $108,770
- Depreciation
- $254,151
Balance sheet and other
- Total assets, start of year
- $128,431,019
- Total assets, end of year
- $139,894,725
- Total liabilities, end of year
- $122,342,312
- Net assets, end of year
- $17,552,413
- Land, buildings and equipment
- $7,318,606
- Publicly traded securities
- $9,105,224
- Gross unrelated business income
- $21,164
- Gross receipts
- $8,735,807
- Employees
- 42
- Volunteers
- 11
- Year formed
- 1950
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEREMY COBERLEY | CEO Officer | 45 | $276,463 | $32,815 |
| LYNNE ZANOTTI | Vice President Officer | 45 | $131,764 | $22,127 |
| JIM BIERLEIN | Vice President Officer | 45 | $130,279 | $20,842 |
| SAREE PUDVAN | CFO Officer | 45 | $105,628 | $9,121 |
| CODY ARMSTRONG | Vice President Officer | 45 | $86,954 | $6,243 |
| MEGAN TABERSKI | COO Officer | 45 | $69,291 | $17,955 |
| WILLIAM KEIPERT | Treasurer Trustee or director | 1 | $0 | $0 |
| JILL BEISEL | Director Trustee or director | 1 | $0 | $0 |
| NORMA FELKER | Chairman Trustee or director | 1 | $0 | $0 |
| JUDY SKORNIA | Director Trustee or director | 1 | $0 | $0 |
| JON MORSE | Director Trustee or director | 1 | $0 | $0 |
| JENNIFER DELORGE | Director Trustee or director | 1 | $0 | $0 |
| ROBERT PIERCE JR | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEREMY COBERLEY | CEO Officer | 45 | $262,254 | $57,761 |
| LYNNE ZANOTTI | Vice President Officer | 45 | $125,391 | $27,241 |
| JIM BIERLEIN | Vice President Officer | 45 | $124,157 | $23,571 |
| SHAWN ASHLEY | CTO | 40 | $108,180 | $25,976 |
| WILLIAM KEIPERT | Treasurer Trustee or director | 1 | $0 | $0 |
| JILL BEISEL | Director Trustee or director | 1 | $0 | $0 |
| NORMA FELKER | Chairman Trustee or director | 1 | $0 | $0 |
| JUDY SKORNIA | Director Trustee or director | 1 | $0 | $0 |
| JON MORSE | Director Trustee or director | 1 | $0 | $0 |
| JENNIFER DELORGE | Director Trustee or director | 1 | $0 | $0 |
| ROBERT PIERCE JR | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEREMY COBERLEY | CEO Officer | 40 | $238,411 | $50,277 |
| SHAWN ASHLEY | Vice President Officer | 40 | $119,027 | $32,340 |
| LYNNE ZANOTTI | Vice President Officer | 40 | $118,619 | $27,304 |
| JIM BIERLEIN | Vice President Officer | 40 | $117,942 | $19,119 |
| KAY WAGNER | Secretary Trustee or director | 1 | $0 | $0 |
| JILL BEISEL | Director Trustee or director | 1 | $0 | $0 |
| NORMA FELKER | Chairman Trustee or director | 1 | $0 | $0 |
| JUDY SKORNIA | Director Trustee or director | 1 | $0 | $0 |
| JON MORSE | Director Trustee or director | 1 | $0 | $0 |
| WILLIAM KEIPERT | Director Trustee or director | 1 | $0 | $0 |
| JENNIFER DELORGE | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1199 S EUCLID AVE, BAY CITY, MI 48706-3309
- Mailing address (990-N for 2010)
- PO Box 45750, Tinker AFB OK 731450750
- Principal officer (990 for 2025)
- JEREMY COBERLEY, 1199 S EUCLID AVE, BAY CITY, MI 48706
- Principal officer (990-N for 2010)
- Rebecca Isaacs, 4201 Wolcott Ave NE, Albuquerque NM 87109
- Signed the 990
- JEREMY COBERLEY, CEO
- Phone
- (989) 892-6088
- Website
- www.nyib.org
- Return prepared by
- FINANCIAL STANDARDS GROUP INC
Mission
TO PROVIDE FINANCIAL SERVICES TO MEMBER OWNERS WITH A COMMON BOND.
Program accomplishments
- THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS. THE TOTAL NUMBER OF MEMBERS AT 12/31/25 WAS 8,742 . THE TOTAL NUMBER OF MEMBER ACCOUNTS WAS 19,204.
- THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS . THE TOTAL NUMBER OF LOANS OUTSTANDING AT 12/31/25 WAS 5,730.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 38-1395220
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1956
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1359: CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN
- Assets (IRS master file)
- $139,894,725
- Income (IRS master file)
- $8,735,807
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $8,735,807 | $7,393,751 | $139,894,725 | XML |
| 990 | December 2024 | $8,413,154 | $6,884,738 | $128,431,019 | IRS |
| 990 | December 2023 | $7,300,435 | $5,820,502 | $122,192,163 | XML |
| 990 | December 2022 | $5,984,878 | $4,951,544 | $124,800,914 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: Rebecca Isaacs | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-1395220).
Questions about CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN
- What is the EIN of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN?
- The employer identification number (EIN) of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN is 38-1395220.
- Is CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1956.
- Are donations to CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN?
- The 990 for the year ended December 31, 2025 names JEREMY COBERLEY.
- Who are the officers and directors of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN?
- The 990 for the year ended December 31, 2025 lists 13 people; 6 received compensation from the organization, the highest $276,463 (JEREMY COBERLEY, CEO).
- How much revenue does CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $8,735,807, expenses of $7,393,751 and total assets of $139,894,725 at year end.
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