Advia Credit Union
501(c)(14)
100% goes to programs Strong reserves Growing revenue
Advia Credit Union is a 501(c)(14) organization based in Kalamazoo, Michigan, registered in 1956, with $216,111,117 in FY2024 revenue. CharityIndex grades it A+, and it directs about 100% of spending to programs.
6400 W Main St, Kalamazoo, MI, 49009 EIN 38-1686050 Since 1956
Revenue (FY2024)
$216.1M
▲ 18.0% vs prior year
Expenses (FY2024)
$194.6M
Net assets
$297.3M
Employees
747
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Advia Credit Union: 100% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating18 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Advia Credit Union: 18 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Advia Credit Union: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Advia Credit Union: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide financial advantages to our members through the offering of a full range of financial products and services.
What they do
Low-cost payment solutions (debit/credit interchange)
Competitive membership and account-related fees (overdraft/nsf fees)
Contact & location
Financial trends
Revenue grew from $16.6M (FY2013) to $216.1M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.1BNet assets $297.3M
Operating margin
10.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.4B
Total liabilities
$3.1B
Net assets
$297.3M
Salaries & benefits
$46.2M
24% of expenses
Board members
8
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $216,111,117▲18.0% | $194,591,712▲31.3% | $297,252,647▲8.8% | $3,443,898,869▲15.3% | 990 |
| 2023 | $183,144,775▲33.5% | $148,159,132▲40.5% | $273,095,412▲12.8% | $2,987,053,945▲3.3% | 990 |
| 2022 | $137,191,450▲17.0% | $105,425,178▲23.5% | $242,019,847▼0.2% | $2,892,338,087▲7.3% | 990 |
| 2021 | $117,215,527▼1.9% | $85,384,828▼16.0% | $242,541,245▲11.1% | $2,694,606,066▲11.1% | 990 |
| 2020 | $119,439,670▲5.0% | $101,627,456▲2.0% | $218,378,690▲13.0% | $2,425,158,521▲16.3% | 990 |
| 2019 | $113,766,194▲10.1% | $99,620,913▲5.9% | $193,233,779▲9.6% | $2,084,525,233▲19.2% | 990 |
| 2018 | $103,296,533▲10.7% | $94,062,565▲16.7% | $176,268,066▲4.9% | $1,749,022,744▲3.9% | 990 |
| 2017 | $93,303,094▲26.4% | $80,594,038▲29.5% | $167,977,772▲11.7% | $1,683,958,871▲25.0% | 990 |
| 2016 | $73,790,081▲13.2% | $62,247,562▲14.9% | $150,427,167▲8.0% | $1,347,691,760▲13.8% | 990 |
| 2015 | $65,178,226▲292% | $54,195,375▲259% | $139,243,777▲411% | $1,184,075,054▲329% | 990 |
| 2013 | $16,624,567 | $15,113,719▲22.2% | $27,246,087▼0.7% | $275,995,408▲4.5% | 990 |
| 2012 | — | $12,366,232▼10.0% | $27,441,277▲25.9% | $264,059,441▲8.0% | 990 |
| 2011 | — | $13,742,856▼27.2% | $21,788,909▲15.0% | $244,582,475▲10.5% | 990 |
| 2010 | — | $18,867,443 | $18,944,422 | $221,263,524 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Jeffrey Fielder — $888,723 (0.46% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jeffrey Fielder | President/ceo | 40 | $888,723 |
| Timothy Merwin | Chief Lending Officer | 40 | $387,454 |
| Raymond Black | Chief Operating Officer | 40 | $380,913 |
| Dustin Adams | Chief Financial Officer | 40 | $365,120 |
| Renae Sisk | Chief People Officer | 40 | $323,717 |
| Jeffrey Bolser | Chief Retail Officer | 40 | $309,741 |
| Linden Buck | Vp of Indirect Services | 40 | $230,705 |
| Christopher Schneider | Commercial Lending Manager | 40 | $222,478 |
| Eric Stoll | Vp of Commercial Services | 40 | $218,611 |
| Nancy Loftis | Vp of Marketing/public Relations | 40 | $215,477 |
| Zackary Haigh | Commercial Lender III | 40 | $207,381 |
| Anthony Wright | Chief Financial Officer | 40 | $21,228 |
| Rafael Castaneda | Associate Director/bod | 1 | $10,019 |
| Grace Lubwama | Director/bod | 1 | $8,403 |
| James Bouma | Director/bod | 1 | $6,602 |
| Nicole Kalmbach | Secretary/bod | 1 | $6,549 |
| Donna Kalmeta | Chair/bod | 1 | $5,176 |
| Martin Doorn | Director/bod | 1 | $5,140 |
| Richard Seim | V. Chair/bod | 1 | $2,334 |
| Mike Segal | Treasurer/bod | 1 | $1,663 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Jack Henry & Associates Inc | Software | $2,085,229 |
| Q2 Software Inc | Software | $1,956,867 |
| James and Matthew Company | Advertising | $1,936,619 |
| Cu Cooperative | Card Services | $1,577,737 |
| Microsoft Corporation | Software | $1,369,599 |
Grants made · $448K in FY2024
32 grants totaling $448K in FY2024 — showing the 15 largest. All grants made by Advia Credit Union →
| Recipient | Purpose | Amount |
|---|---|---|
| Kalamazoo Community Foundation | To transform communities and advance equity and education in every sector, at every level, for everyone in kalamazoo county. | $46,000 |
| Kalamazoo Baseball LLC | Athletic sponsorship | $42,383 |
| Young Womens Christian Assoc of Kalamazoo | Dedicated to eliminating racism, empowering women, and promoting peace, justice, freedom, and dignity for all. | $37,537 |
| Van Wagner Twelve Holdings LLC | Sponsorship | $31,500 |
| Hispanic American Council Incorporated | To enable and promote the prosperity of the latinx community. | $20,758 |
| Big Brothers Big Sisters of Southwest Michigan | To ignite potential and build brighter futures through mentorship. | $20,000 |
| Advia Foundation | To provide financial advantages within our communities by enhancing financial literacy, furthering education, and improving overall quality of life. | $15,000 |
| Community Homeworks | Committed to connecting homeowners to resources and opportunities to make more lasting change. | $15,000 |
| Everyone Cooperating To Help Others Inc | Dedicated to meeting housing, food and other basic human needs and addressing the barriers to self-sufficiency. | $11,000 |
| Habitat For Humanity International Inc | To help families build strength, stability, and independence through affordable home ownership. | $10,000 |
| The Bridge Food & Diaper Bank Inc | To distribute food, diapers, incontinence products, and period supplies to walworth county individuals and families in need. | $10,000 |
| Stadium Management Company | Athletic sponsorship | $10,000 |
| Family Health Partnership Clinic | To provide high quality health care services to the uninsured adults of mchenry county. | $10,000 |
| Southwest Michigan First Corporation | To increase economic prosperity for all in our communities through inclusive and equitable actions. | $10,000 |
| Bronson Health Foundation Inc | To meet the health needs and expectations of people in the communities bronson serves. | $10,000 |
Frequently asked questions
- Is Advia Credit Union a legitimate nonprofit?
- Yes. Advia Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 38-1686050, based in Kalamazoo, Michigan.
- What is Advia Credit Union's EIN?
- Advia Credit Union's Employer Identification Number (EIN) is 38-1686050.
- How much revenue does Advia Credit Union report?
- Advia Credit Union reported $216,111,117 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Advia Credit Union's spending goes to programs?
- Advia Credit Union spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Advia Credit Union have?
- CharityIndex grades Advia Credit Union A+, based on program efficiency and fundraising cost.
- How much does Advia Credit Union's highest-paid employee make?
- The highest reported compensation on Advia Credit Union's latest Form 990 is $888,723, paid to Jeffrey Fielder (President/ceo).
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Data for Advia Credit Union (EIN 38-1686050) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.