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Michigan · Nonprofit

MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION

MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION (Michigan) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being MICHIGAN CREDIT UNION FOUNDATION ($10,000). 0 of them have funded it in more than one year.

Revenue FY2024
$202M
Funders on record
1
Grants received
$10k
Net assets
$464M
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Michigan Schools and Government Credit Union does

Mission

We are a caring organization dedicated to promoting financial success for our members.

As stated on its FY2024 Form 990.

Programs

  1. With 22 offices located throughout macomb, oakland, wayne and washtenaw counties, providing full online banking and mobile services, with $3.9 billion in assets, $3.3 billion in loans, and a staff of 455 employees, msgcu is a valued resource for financial wellbeing for both consumers and businesses. At the end of 2024, the consumer lending portion of the portfolio was just over $1.36 billion, the mortgage portfolio was just over $1.7 billion, and the business loan portfolio was $299 million. Member shares totaled approximately $3.2 billion.

  2. The credit union contributed over $110,000 to members of the communities in southeast michigan. Msgcu awarded $82,500 through 33 scholarships to high school seniors heading to college, aspiring skilled tradespersons seeking certification, and current teachers and school administrators pursuing continuing education. Additionally, msgcu donated $28,000 to first responders graduating from the fire and police academies at macomb community college, oakland community college, wayne community college and schoolcraft college.

  3. The credit union gave back to our communities, to local educators and schools as well as nonprofits and community organizations. Msgcu's classroom cash grant program provides funds to teachers to be used for otherwise unfunded innovative classroom projects. In 2024, msgcu awarded 62 grants totaling more than $45,000 to local educators to be used during the 2024/2025 school year.

The 3 programs described on its FY2024 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($112M) Expenses 100 ($87M) Net assets 100 ($320M)2022 Revenue 113 ($127M) Expenses 96 ($83M) Net assets 125 ($400M)2023 Revenue 142 ($159M) Expenses 161 ($140M) Net assets 135 ($431M)2024 Revenue 180 ($202M) Expenses 204 ($177M) Net assets 145 ($464M)
2020202220232024
Revenue (180)Expenses (204)Net assets (145)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $3.3B to $3.6B (+9%).

$2.8B
$3.3B
$3.6B
$3.9B
2020202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 4 reported years ran a deficit.

$25M
’20
$44M
’22
$20M
’23
$25M
’24
3.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Steve Brewer

President/CEO

Board chair

Douglas Smith

Chairperson

As listed on its FY2024 Form 990.

2020202220232024
Listed17181617
Joined··+1+3
No longer listed··32
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'20
total
funders
1

From the IRS filings of MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION's grant income comes from Michigan funders.

MI

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 2 related entities

  • 20595 Livonia LLC · disregarded
  • Soc Real Estate Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION?
MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION (Michigan) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being MICHIGAN CREDIT UNION FOUNDATION ($10,000). 0 of them have funded it in more than one year.
How many funders does MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION have?
IRS filings report 1 organization giving $10,000 in grants to MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION.
Who is the largest funder of MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION?
MICHIGAN CREDIT UNION FOUNDATION is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing