CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN (EIN 38-0745805)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-10-22
IRS object ID
201922959349301557
Schema version
2018v3.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-10-22T15:25:31-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BKD LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1201 N Illinois StreetAddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN380745805EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Credit Unions Chartered In The State of MI 98BusinessNameLine1Txt
Business Name Line2CASE Credit UnionBusinessNameLine2Txt
FieldValueIRS element (for citing)
In Care Of% JEFFERY BENSONInCareOfNm
Business Name ControlCREDBusinessNameControlTxt
Phone5173937710PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 22158AddressLine1Txt
CityLANSINGCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48909ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFFREY BENSONPersonNm
Person TitlePRESIDENT/CEOPersonTitleTxt
Phone5173937710PhoneNum
Signature2019-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael J SummersPreparerPersonNm
PTINP00838533PTIN
Phone3173834000PhoneNum
Preparation2019-11-15PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address167.68.126.162IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id43033020192955000018FederalOriginalSubmissionId
Federal Original Submission Id2019-10-22FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id14D46ABDBF22EFC704AEA965A0E99A37C943FEF0AtSubmissionCreationDeviceId
At Submission Filing Device IdCB8E040EF7391F09ABC9E02BA5B63AA7C5CC92BDAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1CASE CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerJEFFREY BENSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 22158AddressLine1Txt
CityLANSINGCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48909ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$21,153,421GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.CASECU.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1936FormationYr
Legal Domicile StateMILegalDomicileStateCd
Activity Or MissionTO ASSIST MEMBERS AND EMPLOYEES TO ACHIEVE FINANCIAL SUCCESS THROUGH SERVICE THAT IS SUPERIOR, CONVENIENT, AND EASY TO USE.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee182TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$41,214TotalGrossUBIAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$16,969,966PYProgramServiceRevenueAmt
CY Program Service Revenue$17,556,711CYProgramServiceRevenueAmt
PY Investment Income$1,775,808PYInvestmentIncomeAmt
CY Investment Income$1,986,011CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$18,745,774PYTotalRevenueAmt
CY Total Revenue$19,542,722CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$835,199PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$958,937CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,782,912PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,798,841CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$12,321,071PYOtherExpensesAmt
CY Other Expenses$11,946,409CYOtherExpensesAmt
PY Total Expenses$18,939,182PYTotalExpensesAmt
CY Total Expenses$18,704,187CYTotalExpensesAmt
PY Revenues Less Expenses-$193,408PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$838,535CYRevenuesLessExpensesAmt
Total Assets BOY$278,002,102TotalAssetsBOYAmt
Total Assets EOY$285,215,372TotalAssetsEOYAmt
Total Liabilities BOY$253,014,447TotalLiabilitiesBOYAmt
Total Liabilities EOY$259,628,716TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$24,987,655NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$25,586,656NetAssetsOrFundBalancesEOYAmt
MissionTO ASSIST MEMBERS AND EMPLOYEES TO ACHIEVE FINANCIAL SUCCESS THROUGH SERVICE THAT IS SUPERIOR, CONVENIENT, AND EASY TO USE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescCASE CREDIT UNION OFFERS A WIDE VARIETY OF CONSUMER AND BUSINESS LOAN PRODUCTS TO MEET THE NEEDS OF OUR MEMBERS. THESE LOANS INCLUDE AUTO/RV, PERSONAL, EDUCATIONAL, HOME EQUITY, BUSINESS, 1ST MORTGAGE, AND CREDIT CARDS. OUR LOAN PRODUCTS ARE TAILORED TO FIT THE NEEDS AND WANTS OF OUR MEMBERSHIP AND INCLUDE FEATURES SUCH AS SKIP-A-PAYMENT, COMPETITIVE RATES, AUTOMATIC PAYMENT OPTIONS AND LOAN PROTECTION OPTIONS. LOANS CAN BE APPLIED FOR IN PERSON AT ANY OF OUR SEVEN BRANCHES, BY PHONE, FAX, WEBSITE AND THROUGH DEALER DIRECT LOANS AT MANY AREA DEALERSHIPS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescCASE CREDIT UNION HAS OVER 44,000 MEMBERS. OUR MEMBERSHIP ENJOY A WIDE VARIETY OF SAVINGS OPTIONS TO SUIT THEIR INDIVIDUAL NEEDS. WE OFFER SEVERAL SAVINGS AND CHECKING OPTIONS, MONEY MARKET ACCOUNTS, TERM DEPOSITS, IRA'S AND CHRISTMAS CLUB ACCOUNTS. ALL MEMBERS ARE REQUIRED TO MAINTAIN A $5 SHARE DEPOSIT TO CONTINUE THEIR MEMBERSHIP. OUR RATES AND PRODUCT OFFERINGS ARE COMPETITIVE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescCASE CREDIT UNION OFFERS A WIDE VARIETY OF ELECTRONIC SERVICES. THE SERVICES ARE FREE FOR MEMBERS. SERVICES INCLUDE BUT ARE NOT LIMITED TO ONLINE BANKING, BILL PAY, MOBILE BANKING, TEXT BANKING, QUICKEN, FINANCE WORKS, TELEPHONE BANKING, CONTACT CENTER, ONLINE LOAN APPLICATIONS, AND POP MONEY (FUNDS TRANSFER).Desc
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document5187IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee182EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersYes (true)LocalChaptersInd
Policies Reference ChaptersYes (true)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJEFFERY BENSONPersonNm
Phone5173937710PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 22158AddressLine1Txt
CityLANSINGCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48909ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
APRIL CLARK
BOARD MEMBER2.00.0Yes (X)$0$0$0
BALDOMERO GARCIA
BOARD MEMBER2.00.0Yes (X)$0$0$0
CRAIG GODFREY
BOARD VICE CHAIR2.00.0Yes (X)$0$0$0Yes (X)
FRED GOERS
BOARD MEMBER2.00.0Yes (X)$0$0$0
JANE OLNEY
BOARD SECRETARY2.00.0Yes (X)$0$0$0Yes (X)
KAREN SPOTTS
BOARD TREASURER2.00.0Yes (X)$0$0$0Yes (X)
RENIERO AROAZ
BOARD MEMBER2.00.0Yes (X)$0$0$0
SAMUEL DUNCAN
BOARD MEMBER2.00.0Yes (X)$0$0$0
WILLIAM BREWER II
BOARD CHAIR2.00.0Yes (X)$0$0$0Yes (X)
JEFFREY BENSON
PRESIDENT AND CEO50.00.0$343,230$0$30,862Yes (X)
JACOB COOK
CFO50.00.0$95,921$0$8,237Yes (X)
CHAD ROLSTON
VP OF INFORMATION SYSTEMS50.00.0$125,734$0$6,480Yes (X)
DIONE PENA
VP HUMAN RESOURCES & MARKETING50.00.0$109,497$0$9,910Yes (X)
JEFFREY KUSLER
VP OF OPERATIONS50.00.0$107,298$0$4,142Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$781,680TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$59,631TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Fiserv
75 Remittance Drive STE 1649CHICAGOIL60675Technology$917,893
Cornelius Systems Inc
1302 Anderson RoadCLAWSONMI48017Technology (ATM)$239,094
Anderson Service
201 N Hosmer StreetLANSINGMI48912Building Maintenance$139,218
Foster Swift
313 S Washington SquareLANSINGMI48933Legal & Collections$123,433
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Total Contributions$0TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS522100$11,429,202$11,429,202
FEE INCOME522100$3,704,142$3,704,142
OTHER NON-INTEREST INCOME522100$2,382,153$2,382,153
NON-MEMBER FINANCIAL ADVISORY522100$25,548$25,548
NON-MEMBER ATM TRANSACTIONS522100$15,666$15,666
FieldValueIRS element (for citing)
Total Program Service Revenue$17,556,711TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,013,480TotalRevenueColumnAmt
Exclusion$2,013,480ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,583,230SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,610,699SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$27,469SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$27,469TotalRevenueColumnAmt
Exclusion-$27,469ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,542,722TotalRevenueColumnAmt
Related Or Exempt Func Income$17,515,497RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$41,214UnrelatedBusinessRevenueAmt
Exclusion$1,986,011ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$958,937TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$478,250TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,175,357TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$129,819TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$591,958TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$423,457TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$48,028TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$248,420TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$398,941TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$375,952TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,433,436TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$669,228TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$93,067TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$55,874TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$330,176TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$909,003TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$62,229TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
LOAN LOSS PROVISION$4,162,000
LOAN SERVICES$1,685,880
MEMBER STATEMENT DATA MAIL$271,764
ATM EXPENSES$248,668

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$953,743TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$18,704,187TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,203,792BOYAmt
EOY$5,221,642EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,986,586BOYAmt
EOY$10,093,450EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$775,217BOYAmt
EOY$686,948EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$4,128,676BOYAmt
EOY$4,242,215EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$214,654,277BOYAmt
EOY$215,456,871EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$19,425,270LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$8,438,901LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$11,173,492BOYAmt
EOY$10,986,369EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$31,004,701BOYAmt
EOY$34,028,913EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,075,361BOYAmt
EOY$4,498,964EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$278,002,102BOYAmt
EOY$285,215,372EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,104,360BOYAmt
EOY$4,127,255EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$387,068BOYAmt
EOY$380,235EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$247,523,019BOYAmt
EOY$255,121,226EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$253,014,447BOYAmt
EOY$259,628,716EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$24,987,655BOYAmt
EOY$25,586,656EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,987,655BOYAmt
EOY$25,586,656EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$278,002,102BOYAmt
EOY$285,215,372EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$838,535ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$237,711NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$1,823OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd
CY Minus3 Yr Endwmt FundCYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt FundCYMinus4YrEndwmtFundGrp

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,218,688OtherCostOrOtherBasisAmt
Book Value$4,281,688BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,467,050OtherCostOrOtherBasisAmt
Depreciation$3,141,201DepreciationAmt
Book Value$5,325,849BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,028OtherCostOrOtherBasisAmt
Depreciation$1,028DepreciationAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,635,384OtherCostOrOtherBasisAmt
Depreciation$5,296,672DepreciationAmt
Book Value$1,338,712BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$40,120OtherCostOrOtherBasisAmt
Book Value$40,120BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$10,986,369TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmt
MORTGAGE BACKED SECURITIES$19,756,388
SBA SECURITIES$12,676,325
COMMERICIAL BANKS$249,000
FHLB STOCK$747,200
MEMBER CAP ACCT IN CORPORATE$600,000
FieldValueIRS element (for citing)
Total Book Value Securities$34,028,913TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
MEMBERS' SHARES$240,121,226
FHLB ADVANCE$15,000,000
FieldValueIRS element (for citing)
Total Liability$255,121,226TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$19,542,722TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$19,542,722RevenueSubtotalAmt
Total Revenue Per Form990$19,542,722TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$18,704,187TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$18,704,187ExpensesSubtotalAmt
Total Expenses Per Form990$18,704,187TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART IV, LINE 2BESCROW ACCOUNT: ESCROW ACCOUNTS ARE UTILIZED TO COLLECT FUNDS FROM MEMBERS FOR THE PURPOSE OF PAYING REAL ESTATE TAXES AND INSURANCE ON REAL ESTATE LOANS.
SCHEDULE D, PART X, LINE 2FIN 48 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJEFFREY BENSONPersonNm
TitlePRESIDENT AND CEOTitleTxt
Base Compensation Filing Org$326,940BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$15,000BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$1,290OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$10,279DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$20,583NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$374,092TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE J, PART I, LINE 1ABOARD OF DIRECTOR MEMBERS RECEIVE TRAVEL REIMBURSEMENT FOR COMPANIONS WHEN TRAVELING ON CREDIT UNION BUSINESS OR EDUCATION TRIPS. FORM 1099S ARE ISSUED IF THE FAIR MARKET VALUE EXCEEDS FILING THRESHOLDS.
SCHEDULE J, PART I, LINE 4BTHE ORGANIZATION DEPOSITED FUNDS INTO A LIFE INSURANCE POLICY ON THE PARTICIPANT'S LIFE. DURING LIFE, AND SUBJECT TO THE POLICY GENERATING SUFFICIENT VALUES, THE PARTICIPANT CAN BORROW FROM THE POLICY. AT DEATH, THE ORGANIZATION RECOVERS ITS PREMIUMS PLUS INTEREST PLUS ADDITIONAL KEY-PERSON INSURANCE PROCEEDS. THE PLAN ORIGINATED IN 2016 AND THERE WERE NO CONTRIBUTIONS MADE TO THE PLAN DURING 2018.

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonJEFFREY BENSONPersonNm
Relationship With OrgPRESIDENT / CEORelationshipWithOrgTxt
Loan PurposePURCHASE LIFE INS.LoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$4,000,000OriginalPrincipalAmt
Balance Due$4,242,215BalanceDueAmt
DefaultfalseDefaultInd
Board Or Committee ApprovalYes (true)BoardOrCommitteeApprovalInd
Written AgreementYes (true)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$4,242,215TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6ALL MEMBERS OWNING A SHARE ACCOUNT ARE MEMBERS OF THE CREDIT UNION.
FORM 990, PART VI, SECTION A, LINE 7AALL MEMBERS OF THE CREDIT UNION ARE OWNER MEMBERS. AS SUCH, EACH MEMBER HAS ONE VOTE DURING THE ANNUAL ELECTION OF BOARD OF DIRECTOR MEMBERS.
FORM 990, PART VI, SECTION B, LINE 11BAFTER BEING PREPARED BY AN INDEPENDENT ACCOUNTING FIRM, THE FORM 990 IS PROVIDED ELECTRONICALLY TO THE BOARD OF DIRECTORS, AUDIT COMMITTEE, AND OFFICERS OF THE CREDIT UNION FOR REVIEW PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CALL CONTRACTS ENTERED INTO MUST BE APPROVED BY SENIOR MANAGEMENT. GIFTS ARE NOT TO BE ACCEPTED. IF GIFTS ARE ACCEPTED, THEY ARE TO BE REPORTED TO SENIOR MANAGEMENT OR THE BOARD OF DIRECTORS. BOARD MEMBERS, AND ALL OFFICERS AND EMPLOYEES ANNUALLY SIGN THE CREDIT UNION'S CODE OF CONDUCT, WHICH INCLUDES THE CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE HUMAN RESOURCES DEPARTMENT. IF A CONFLICT IS PRESENT, IT IS PRESENTED TO THE PRESIDENT/CEO TO DETERMINE APPROPRIATE RESOLUTION.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD OF DIRECTORS HAS A FORMAL COMPENSATION COMMITTEE WHO DETERMINES THE COMPENSATION PACKAGE OF THE PRESIDENT/CEO ON AN ANNUAL BASIS. THE COMMITTEE USES COMPARABILITY DATA FROM CREDIT UNION CONSULTANTS TO DETERMINE COMPENSATION. THIS REVIEW WAS LAST CONDUCTED IN JANUARY 2019.
FORM 990, PART VI, SECTION B, LINE 15BCASE CREDIT UNION COMPARES ALL POSITIONS IN THE CREDIT UNION TO THE OTHER CREDIT UNIONS THROUGHOUT MICHIGAN AND SETS COMPENSATION ACCORDINGLY.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST TO THE PUBLIC. FINANCIAL STATEMENTS ARE POSTED IN THE LOBBIES OF EACH BRANCH, ANNUAL REPORTS ARE AVAILABLE AT THE ANNUAL MEMBERSHIP MEETING, AND THE QUARTERLY CALL REPORT IS POSTED PUBLICLY ON THE NCUA'S WEBSITE.
FORM 990, PART XI, LINE 9MEMBERSHIP FEES 4,360 POSTRETIREMENT BENEFIT PLANS -6,183 TOTAL -1,823
FORM 990, PART XI, LINE 9Membership fees are a charge to become part of the membership of CASE Credit Union and are not treated as income. The funds from the membership fee are directly added to equity for every membership account that is opened during the year as ownership within the organization.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1EDUCATED SOLUTIONS LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 22158AddressLine1Txt
CityLANSINGCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48909ZIPCd
FieldValueIRS element (for citing)
EIN383548361EIN
Primary ActivitiesCONSULTINGPrimaryActivitiesTxt
Legal Domicile StateMILegalDomicileStateCd
Total Income$47TotalIncomeAmt
End Of Year Assets$46,998EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt

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