I M Detroit District Credit Union
501(c)(14)
Only null% goes to programs Strong reserves Growing revenue
I M Detroit District Credit Union is a 501(c)(14) organization based in Detroit, Michigan, registered in 1956, with $79,544 in FY2024 revenue. CharityIndex grades it C+.
2101 Gratiot Ave, Detroit, MI, 48207 EIN 38-2343764 Since 1956
Revenue (FY2024)
$80K
▲ 25.3% vs prior year
Expenses (FY2024)
$19K
Net assets
$456K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for I M Detroit District Credit Union— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating287 mo reserves · +76% 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 I M Detroit District Credit Union: 287 mo reserves · +76% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for I M Detroit District Credit Union— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 I M Detroit District Credit Union: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $38K (FY2013) to $80K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.4MNet assets $456K
Operating margin
76.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$1.4M
Net assets
$456K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $79,544▲25.3% | $19,076▲12.6% | $456,038▲15.3% | $1,843,218▲13.5% | 990 |
| 2023 | $63,461▲75.0% | $16,941▲10.7% | $395,570▲13.3% | $1,623,320▲4.9% | 990 |
| 2022 | $36,261▲52.2% | $15,303▲0.8% | $349,050▲6.4% | $1,547,371▼2.5% | 990 |
| 2021 | $23,828▼16.0% | $15,189▼27.6% | $328,092▲3.8% | $1,586,959▲4.4% | 990 |
| 2020 | $28,374▼36.4% | $20,968▲29.9% | $315,971▲2.4% | $1,519,565▲8.9% | 990 |
| 2019 | $44,584▲28.2% | $16,142▼21.2% | $308,485▲10.2% | $1,394,754▲1.3% | 990 |
| 2018 | $34,765▼0.4% | $20,484▼20.7% | $280,043▲5.4% | $1,376,702▼0.5% | 990 |
| 2017 | $34,895▲27.0% | $25,834▲30.5% | $265,762▲3.8% | $1,383,241▼5.2% | 990 |
| 2016 | $27,483▼6.6% | $19,797▼40.0% | $255,942▲3.1% | $1,458,571▲9.3% | 990 |
| 2015 | $29,418▲4.7% | $32,995▲91.0% | $248,256▼1.4% | $1,333,927▲3.9% | 990 |
| 2014 | $28,102▼25.1% | $17,276▼56.0% | $251,833▲4.3% | $1,284,258▲7.1% | 990 |
| 2013 | $37,519 | $39,260▼25.6% | $241,457▼0.4% | $1,199,043▲6.2% | 990 |
| 2012 | — | $52,803 | $242,518 | $1,129,519 | 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.
Frequently asked questions
- Is I M Detroit District Credit Union a legitimate nonprofit?
- Yes. I M Detroit District Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 38-2343764, based in Detroit, Michigan.
- What is I M Detroit District Credit Union's EIN?
- I M Detroit District Credit Union's Employer Identification Number (EIN) is 38-2343764.
- How much revenue does I M Detroit District Credit Union report?
- I M Detroit District Credit Union reported $79,544 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does I M Detroit District Credit Union have?
- CharityIndex grades I M Detroit District Credit Union C+, based on financial health (reserves and operating margin).
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Data for I M Detroit District Credit Union (EIN 38-2343764) 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.