Westacres Credit Union
Nonprofit profile at a glance
- EIN
- 381446508
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Orchard Lake, MI, USA
- Phone
- 2483634376
- Rating confidence
- Limited
- Sector
- Credit Unions
Reported finances
- Revenue
- $250,897
- Expenses
- $239,556
- Assets
- $6,923,039
- Liabilities
- $5,978,949
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- CARL GODELL (CHAIRPERSON/PRESIDENT)
Highest reported compensation
- HEATHER MILZ (MANAGER): $22,320 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The westacres credit union's purpose is to provide competitive share deposits and loan products to our membership base according to the Michigan credit union act.
What it reported doing in 2025
Our services include shares and loans (mortgages, auto, share-secured, and unsecured).
Operating model
- Revenue model
- Investment-supported. 80% of the money available for current operations came from recurring investment income.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 84
- Sustainability: 54
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.5%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 28.9; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.86; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 9.3%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 0.3% per year; rating input score 100; 21st percentile among comparable filings
- Asset growth: -0.8% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 8 of 8 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $22K · 9 people listed
- Consistency: 13 of 13 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- High — Sustainability: Officer compensation ratio scored 27/100.