CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN (EIN 38-1628275)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-13
IRS object ID: 202313179349306061
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule I
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-13T12:40:55-06:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	383567911	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	REHMANN ROBSON LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 2025	AddressLine1Txt
City	SAGINAW	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	486052025	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	381628275	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ALLIANCE CATHOLIC CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ALLI	BusinessNameControlTxt
Phone	8779502228	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	28800 ORCHARD LAKE ROAD	AddressLine1Txt
City	FARMINGTON HILLS	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48334	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DAN DAVIDSON	PersonNm
Person Title	EVP/COO	PersonTitleTxt
Phone	8779502228	PhoneNum
Signature	2023-11-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	DAN	PersonFirstNm
Person Last	DAVIDSON	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JEFFREY E HERT CPA	PreparerPersonNm
PTIN	P00066715	PTIN
Phone	9897999580	PhoneNum
Preparation	2023-11-10	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DAN DAVIDSON	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	28800 ORCHARD LAKE ROAD	AddressLine1Txt
City	FARMINGTON HILLS	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48334	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$29,033,874	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Group Exemption	1359	GroupExemptionNum
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.ALLIANCECCU.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1956	FormationYr
Legal Domicile State	MI	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE FINANCIAL SERVICES TO MEMBER OWNERS WITH A COMMON BOND.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	162	TotalEmployeeCnt
Total Volunteers	7	TotalVolunteersCnt
Total Gross UBI	$29,176	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$14,346,980	PYProgramServiceRevenueAmt
CY Program Service Revenue	$16,104,519	CYProgramServiceRevenueAmt
PY Investment Income	$4,989,771	PYInvestmentIncomeAmt
CY Investment Income	$3,862,093	CYInvestmentIncomeAmt
PY Other Revenue	$4,112,271	PYOtherRevenueAmt
CY Other Revenue	$3,212,515	CYOtherRevenueAmt
PY Total Revenue	$23,449,022	PYTotalRevenueAmt
CY Total Revenue	$23,179,127	CYTotalRevenueAmt
PY Grants And Similar Paid	$41,140	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$128,787	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$10,360,909	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$9,866,866	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$10,821,270	PYOtherExpensesAmt
CY Other Expenses	$11,632,103	CYOtherExpensesAmt
PY Total Expenses	$21,223,319	PYTotalExpensesAmt
CY Total Expenses	$21,627,756	CYTotalExpensesAmt
PY Revenues Less Expenses	$2,225,703	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,551,371	CYRevenuesLessExpensesAmt
Total Assets BOY	$619,610,585	TotalAssetsBOYAmt
Total Assets EOY	$638,619,506	TotalAssetsEOYAmt
Total Liabilities BOY	$550,614,337	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$592,252,763	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$68,996,248	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$46,366,743	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE TRUSTED FINANCIAL SERVICES, INSPIRED BY CATHOLIC VALUES AND TRADITIONS, TO ENHANCE THE FINANCIAL WELL-BEING OF OUR CATHOLIC COMMUNITY AND THE NEIGHBORS WE SERVE.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	PROVIDE 32,497 MEMBERS WITH REGULAR SHARES, CHRISTMAS CLUB, CHECKING, MONEY MARKET, CERTIFICATES OF DEPOSIT, AND IRA ACCOUNTS TOTALING 65,565.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	PROVIDE 19,791 LOANS INCLUDING NEW AND USED VECHICLES, REVOLVING CREDIT, TUITION, OVERDRAFT, COMMERCIAL, MORTGAGES, VISA AND STUDENT LOANS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Desc	OFFER ATM/DEBIT CARDS, WIRE TRANSFERS, MONEY ORDERS, COURTESY PAY, GIFT CARDS, BILL PAY, SAFE DEPOSIT BOX RENTALS, CHECK CASHING, COIN COUNTING, SHARED BRANCHING, MOBILE BANKING AND VARIOUS INSURANCE PRODUCTS TO ALL ELIGIBLE MEMBERS.	Desc

Field	Value	IRS element (for citing)
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	Yes (1)	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	8243	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	162	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SHARON BURNS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8779502228	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	28800 ORCHARD LAKE ROAD	AddressLine1Txt
City	FARMINGTON HILLS	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48334	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
JOSEPH VALENTIC
CHAIRPERSON	2.00	Yes (X)	Yes (X)	$0	$0	$0
KURT GODFRYD
VICE CHAIRPERSON	2.00	Yes (X)	Yes (X)	$0	$0	$0
PHILLIP MOREY
TREASURER	2.00	Yes (X)	Yes (X)	$0	$0	$0
RICHARD SAAD
SECRETARY	2.00	Yes (X)	Yes (X)	$0	$0	$0
RICHARD FRONCZAK
DIRECTOR	2.00	Yes (X)		$0	$0	$0
MARK VALERIUS
DIRECTOR	2.00	Yes (X)		$0	$0	$0
THANE NAMY
DIRECTOR	2.00	Yes (X)		$0	$0	$0
ROBERT GRECH
CEO	40.00		Yes (X)	$471,920	$0	$45,833
DANIEL DAVIDSON
EVP/COO	40.00		Yes (X)	$275,693	$0	$43,138
MICHAEL BAHORSKI
CFO	40.00		Yes (X)	$206,576	$0	$37,744
RANDALL RICHMOND
CLO	40.00		Yes (X)	$221,665	$0	$43,842
CHERYL MALLARD
CTO	40.00		Yes (X)	$199,406	$0	$52,728
KEITH BURKE
MARKETING AND COMMUNITY RE	40.00			$137,278	$0	$36,627	Yes (X)
CHERYL ALLMACHER
VP TREASURY MANAGEMENT	40.00			$133,913	$0	$26,081	Yes (X)
ADAM TONGE
VP RETAIL	40.00			$124,873	$0	$16,515	Yes (X)
SHARON BURNS
VP FINANCE	40.00			$102,797	$0	$1,816	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,874,121	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$304,324	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	9	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
LAMACCHIA GROUP
157 N MILWAUKEE ST	MILWAUKEE	WI	53202	CONTRACTOR	$1,370,197
MDT
30230 ORCHARD LAKE RD	FARMINGTON HILLS	MI	48334	TECHNOLOGY SERVICES	$751,223
ALKAMI TECHNOLOGY
PO BOX 122223	DALLAS	TX	75312	DIGITAL BANKING	$347,139
DOLPHIN DEBIT ACCESS
1340 RAYFORD PARK ROAD	SPRING	TX	77386	ATM MANAGEMENT	$288,349
INFUSION MARKETING GROUP
PO BOX 13118	MAUMELLE	AR	72113	MARKETING SERVICES	$189,469

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	9	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST INCOME FROM LOANS	522100	$11,152,888	$11,152,888
FEES/CHARGES	522100	$4,951,631	$4,922,455	$29,176

Field	Value	IRS element (for citing)
Total Program Service Revenue	$16,104,519	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,794,841	TotalRevenueColumnAmt
Exclusion	$3,794,841	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$117,437	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$117,437	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$117,437	TotalRevenueColumnAmt
Exclusion	$117,437	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$5,426,198	SecuritiesAmt
Other	$495,801	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$5,437,706	SecuritiesAmt
Other	$417,041	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$11,508	SecuritiesAmt
Other	$78,760	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$67,252	TotalRevenueColumnAmt
Related Or Exempt Func Income	$67,252	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INCOME FROM CUSOS	522100	$1,754,767	$1,754,767
MISCELLANEOUS	522100	$1,250,311	$1,250,311
SETTLEMENT	522100	$90,000	$90,000

Field	Value	IRS element (for citing)
Other Revenue Total	$3,095,078	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$23,179,127	TotalRevenueColumnAmt
Related Or Exempt Func Income	$19,237,673	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$29,176	UnrelatedBusinessRevenueAmt
Exclusion	$3,912,278	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$128,787	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,598,545	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$6,964,339	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$223,332	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$464,178	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$616,472	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$418,421	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$55,848	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$88,807	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,084,543	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$706,992	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,353,878	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$137,330	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,089,357	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$18,697	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$144,027	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,339,683	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$126,850	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
LOAN SERVICING	$1,532,005
DIVIDENDS	$1,313,138
STAFF EXPENSES	$343,417
MISCELLANEOUS EXPENSES	$109,114

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	-$230,004	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$21,627,756	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$3,699,889	BOYAmt
EOY	$4,019,984	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$42,808,878	BOYAmt
EOY	$20,421,151	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,809,751	BOYAmt
EOY	$2,817,874	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$4,425,309	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$203,988,149	BOYAmt
EOY	$261,510,203	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,830,138	BOYAmt
EOY	$1,534,142	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$28,778,665	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$10,752,185	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$17,710,620	BOYAmt
EOY	$18,026,480	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$315,797,412	BOYAmt
EOY	$293,848,058	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$27,965,748	BOYAmt
EOY	$32,016,305	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$619,610,585	BOYAmt
EOY	$638,619,506	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$3,383,751	BOYAmt
EOY	$5,729,387	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$547,230,586	BOYAmt
EOY	$586,523,376	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$550,614,337	BOYAmt
EOY	$592,252,763	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$68,996,248	BOYAmt
EOY	$46,366,743	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$68,996,248	BOYAmt
EOY	$46,366,743	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$619,610,585	BOYAmt
EOY	$638,619,506	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$1,551,371	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$24,180,876	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,921,303	OtherCostOrOtherBasisAmt
Book Value	$2,921,303	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$16,229,663	OtherCostOrOtherBasisAmt
Depreciation	$4,180,247	DepreciationAmt
Book Value	$12,049,416	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,136,406	OtherCostOrOtherBasisAmt
Depreciation	$1,015,236	DepreciationAmt
Book Value	$121,170	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,082,989	OtherCostOrOtherBasisAmt
Depreciation	$1,858,800	DepreciationAmt
Book Value	$224,189	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$6,408,304	OtherCostOrOtherBasisAmt
Depreciation	$3,697,902	DepreciationAmt
Book Value	$2,710,402	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$18,026,480	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
DEPOSIT	$600,000	C
INVESTMENTS	$293,248,058	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$293,848,058	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp

Field	Value	IRS element (for citing)
Desc	OTHER ASSETS	Desc
Book Value	$32,016,305	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$32,016,305	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	MEMBER SHARES	Desc
Amt	$586,523,376	Amt

Field	Value	IRS element (for citing)
Total Liability	$586,523,376	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$23,179,127	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$23,179,127	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$23,179,127	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$21,627,756	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$21,627,756	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$21,627,756	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART X, LINE 2:

THE CREDIT UNION HAS EVALUATED ITS INCOME TAX FILING POSITIONS FOR THE YEARS 2018 THROUGH 2021, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF SEPTEMBER 30, 2022. THE CREDIT UNION CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE CREDIT UNION'S FINANCIAL STATEMENTS. THE CREDIT UNION 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 CHANGE IN THE NEXT 12 MONTHS. THE CREDIT UNION DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT SEPTEMBER 30, 2022 AND 2021, AND IT IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES.

990, LINE 2B

AUDITED FINANCIAL STATEMENTS ARE PREPARED ON A FISCAL YEAR BASIS AS OF SEPTEMBER 30 BUT TAX REPORTING IS REQUIRED ON A CALENDAR YEAR-END.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ALLIANCE CATHOLIC FOUNDATION INC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	28800 ORCHARD LAKE RD	AddressLine1Txt
City	FARMINGTON HILLS	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48334	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	822671837	RecipientEIN
IRC Section	501(C)(3)	IRCSectionDesc
Cash Grant	$128,787	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Purpose Of Grant	SCHOLARSHIP FUND	PurposeOfGrantTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ROBERT GRECH
CEO	$471,920	$0	$0	$0	$0	$0	$23,117	$0	$22,716	$0	$517,753	$0	$0	$0
DANIEL DAVIDSON
EVP/COO	$275,693	$0	$0	$0	$0	$0	$20,803	$0	$22,335	$0	$318,831	$0	$0	$0
RANDALL RICHMOND
CLO	$221,665	$0	$0	$0	$0	$0	$19,722	$0	$24,120	$0	$265,507	$0	$0	$0
CHERYL MALLARD
CTO	$199,406	$0	$0	$0	$0	$0	$28,588	$0	$24,140	$0	$252,134	$0	$0	$0
MICHAEL BAHORSKI
CFO	$206,576	$0	$0	$0	$0	$0	$7,682	$0	$30,062	$0	$244,320	$0	$0	$0
KEITH BURKE
MARKETING AND COMMUNITY RE	$137,278	$0	$0	$0	$0	$0	$6,945	$0	$29,682	$0	$173,905	$0	$0	$0
CHERYL ALLMACHER
VP TREASURY MANAGEMENT	$133,913	$0	$0	$0	$0	$0	$14,954	$0	$11,127	$0	$159,994	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 4B	FormAndLineReferenceDesc
Explanation	THE CREDIT UNION HAS ESTABLISHED DEFERRED COMPENSATION AGREEMENTS FOR SELECT MEMBERS OF THE CREDIT UNION'S MANAGEMENT. THE CREDIT UNION HAS INVESTED FUNDS IN A VARIABLE ANNUITY ON BEHALF OF THESE EMPLOYEES IN THE INITIAL AMOUNT OF $4,165,000. THE DEFERRED COMPENSATION AGREEMENTS ENTITLE THE EMPLOYEES TO EARNINGS ON THE INVESTED FUNDS, WHILE THE INITIAL DEPOSIT AMOUNT IS RETAINED BY THE CREDIT UNION. LIABILITIES ARE ACCRUED FOR FUTURE BENEFIT PAYMENTS OF APPROXIMATELY $358,000 AND $1,130,000 AT SEPTEMBER 30, 2022 AND 2021, RESPECTIVELY. SUCH AMOUNTS ARE INCLUDED IN ACCRUED EXPENSES AND OTHER LIABILITIES ON THE ACCOMPANYING CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION.	ExplanationTxt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (5 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
ROBERT GRECH
PRESIDENT/CEO	SPLIT DOLLAR LIFE INSURANCE	Yes (X)	$1,802,000	$2,208,988	0	Yes (1)	Yes (1)
DANIEL DAVIDSON II
SVP/COO	SPLIT DOLLAR LIFE INSURANCE	Yes (X)	$740,000	$738,622	0	Yes (1)	Yes (1)
RANDALL RICHMOND
CLO	SPLIT DOLLAR LIFE INSURANCE	Yes (X)	$593,000	$591,896	0	Yes (1)	Yes (1)
MICHAEL BAHORSKI
CFO	SPLIT DOLLAR LIFE INSURANCE	Yes (X)	$500,000	$448,693	0	Yes (1)	Yes (1)
CHERYL MALLARD
CTO	SPLIT DOLLAR LIFE INSURANCE	Yes (X)	$530,000	$437,110	0	Yes (1)	Yes (1)

Field	Value	IRS element (for citing)
Total Balance Due	$4,425,309	TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS WITH EQUAL RIGHTS OF OWNERSHIP, GOVERNANCE AND VOTING.
FORM 990, PART VI, SECTION A, LINE 7A	BOARD MEMBERS ARE ELECTED BY MEMBER VOTE FOR 3 YEAR TERMS.
FORM 990, PART VI, SECTION A, LINE 7B	MERGERS MUST BE APPROVED BY THE MEMBERSHIP.
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 IS REVIEWED BY THE CFO PRIOR TO FILING AND IS PRESENTED TO THE BOARD OF DIRECTORS AT THE NEXT SCHEDULED MEETING.
FORM 990, PART VI, SECTION B, LINE 12C	THE BOARD DISCLOSES ANNUALLY AT THE ORGANIZATION MEETING AS PART OF THE DIRECTORSHIP POLICY.
FORM 990, PART VI, SECTION B, LINE 15	THE CEO IS REVIEWED BY A COMPENSATION COMMITTEE WHICH USES HRN, AN INDEPENDENT CONSULTANT, AND COMPLETES A COMPENSATION SURVEY TO DETERMINE A WRITTEN CONTRACT THAT IS APPROVED BY THE BOARD OF DIRECTORS. KEY EMPLOYEES COMPENSATION IS REVIEWED BY THE CEO.
FORM 990, PART VI, SECTION C, LINE 19	FINANCIAL STATEMENTS ARE POSTED IN THE CREDIT UNION LOBBY. ALL OTHER GOVERNING DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST.
FORM 990, PART XII, LINE 2C	THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.