Skip to content

Michigan · Nonprofit

SOO CO-OP CREDIT UNION

SOO CO-OP CREDIT UNION (Michigan) receives grants from 1 organization whose IRS filings report $5,400 to it, the largest being MICHIGAN CREDIT UNION FOUNDATION ($5,400). 0 of them have funded it in more than one year.

Revenue FY2024
$17M
Funders on record
1
Grants received
$5k
Net assets
$32M
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Soo Co-Op Credit Union does

Mission

To become the members' primary financial institution by providing reliable, comprehensive, courteous, and prompt services that are competitive with the market and in tune with members' needs.

As stated on its FY2024 Form 990.

Program

  1. The organization provides many services to its members including savings plans, share draft privileges, loans for real estate, cars, boats, vacations, emergencies, and business. The organization also provides investment services through a fully licensed broker and insurance products through third party relationships.

The program described on its FY2023 Form 990.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($9.6M) Expenses 100 ($7.5M) Net assets 100 ($21M)2018 Revenue 107 ($10M) Expenses 108 ($8.2M) Net assets 111 ($23M)2019 Revenue 114 ($11M) Expenses 114 ($8.6M) Net assets 125 ($26M)2020 Revenue 109 ($10M) Expenses 111 ($8.4M) Net assets 138 ($28M)2021 Revenue 112 ($11M) Expenses 116 ($8.8M) Net assets 141 ($29M)2022 Revenue 123 ($12M) Expenses 127 ($9.5M) Net assets 116 ($24M)2023 Revenue 142 ($14M) Expenses 147 ($11M) Net assets 134 ($28M)2024 Revenue 173 ($17M) Expenses 177 ($13M) Net assets 155 ($32M)
'17'18'19'20'21'22'23'24
Revenue (173)Expenses (177)Net assets (155)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $184M to $230M (+25%).

$171M
$174M
$184M
$230M
$257M
$249M
$259M
$291M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$2.1M
’17
$2.2M
’18
$2.4M
’19
$2.1M
’20
$2.0M
’21
$2.3M
’22
$2.6M
’23
$3.3M
’24
43
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.

Board chair

Edwin Cook

Chairperson

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1010101010101010
Joined·+1+0+0+0+0+1+1
No longer listed·1000011
03Who funds it

Who funds it, year by year

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

Funder
'23
total
funders
1

From the IRS filings of SOO CO-OP 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 SOO CO-OP 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 SOO CO-OP 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

7
board members
86%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Sccu Services LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for SOO CO-OP 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 SOO CO-OP CREDIT UNION?
SOO CO-OP CREDIT UNION (Michigan) receives grants from 1 organization whose IRS filings report $5,400 to it, the largest being MICHIGAN CREDIT UNION FOUNDATION ($5,400). 0 of them have funded it in more than one year.
How many funders does SOO CO-OP CREDIT UNION have?
IRS filings report 1 organization giving $5,400 in grants to SOO CO-OP CREDIT UNION.
Who is the largest funder of SOO CO-OP CREDIT UNION?
MICHIGAN CREDIT UNION FOUNDATION is the largest funder on record, with $5,400 in grants. The full list of funders is on this page.
How can an organization like SOO CO-OP 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.

Play a game about who funds Soo Co-Op Credit Union →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), 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