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Employer Identification Number 38-1250516

LAKE TRUST CREDIT UNION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:LAKE TRUST CREDIT UNION
Employer identification number (EIN):38-1250516
EIN Issuing AuthorityCincinnati, OH
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration LAKE TRUST CREDIT UNION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementMEMBERS WILL UNDERSTAND AND EXPERIENCE THE BENEFITS OF A CREDIT UNION RELATIONSHIP AT A COST JUSTIFIED BY THE RESULTS. MEMBERS HAVE THE CAPABILITY TO EXERCISE CONTROL OVER THEIR FINANCIAL LIVES WHILE SHARING IN THE SUCCESS OF THE ORGANIZATION. MEMBERS EXPERIENCE REWARDS OF A MUTUALLY BENEFICIAL RELATIONSHIP BASED ON ADVOCACY AND TRUST RESULTING IN TRUST AND LOYALTY. MEMBERS VALUE THE LINK BETWEEN THEIR BENEFITS AND THEIR OWNERSHIP.
Number of Employees465
Number of Volunteers13
Year Formed1943

Organization Governance

Legal DomicileMI
Voting Members - Governing Body7
Voting Members - Independent7

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 338,622
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 93,746,217
Program Service Revenue from current yearUSD $ 107,894,242
Investment Income from prior yearUSD $ 6,374,937
Investment Income from current yearUSD $ 11,351,340
Other Revenue from prior yearUSD $ 1,257,616
Other Revenue from current yearUSD $ 1,531,324
Gross receipts from all sourcesUSD $ 122,318,450
Net assets / fund balances at end of fiscal yearUSD $ 219,615,849
Net assets / fund balances at beginning of fiscal yearUSD $ 200,605,538
Total liabilities at end of fiscal yearUSD $ 2,377,179,029
Total liabilities at beginning of fiscal yearUSD $ 2,383,125,371
Total assets at end of fiscal yearUSD $ 2,596,794,878
Total assets at beginning of fiscal yearUSD $ 2,583,730,909
Revenues less expenses for current yearUSD $ 10,126,593
Revenues less expenses for previous yearUSD $ 12,457,871
Total expenses for current yearUSD $ 111,804,935
Total expenses for previous yearUSD $ 89,545,899
Other expenses in current yearUSD $ 68,514,772
Other expenses in previous yearUSD $ 49,466,866
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 43,034,415
Employee salary and benefits paid in previous yearUSD $ 39,706,349
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 255,748
Grants and similar amounts paid in previous yearUSD $ 372,684
Total revenue in current fiscal yearUSD $ 121,931,528
Total revenue in previous fiscal yearUSD $ 102,003,770
Contributions and grants from current yearUSD $ 1,154,622
Contributions and grants from previous yearUSD $ 625,000
Total of other revenueUSD $ 1,491,793
2022-12-31
Total unrelated business incomeUSD $ 330,728
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 91,285,755
Program Service Revenue from current yearUSD $ 93,746,217
Investment Income from prior yearUSD $ 3,059,530
Investment Income from current yearUSD $ 6,374,937
Other Revenue from prior yearUSD $ 1,721,971
Other Revenue from current yearUSD $ 1,257,616
Gross receipts from all sourcesUSD $ 154,418,395
Net assets / fund balances at end of fiscal yearUSD $ 200,605,538
Net assets / fund balances at beginning of fiscal yearUSD $ 228,046,112
Total liabilities at end of fiscal yearUSD $ 2,383,125,371
Total liabilities at beginning of fiscal yearUSD $ 2,278,937,548
Total assets at end of fiscal yearUSD $ 2,583,730,909
Total assets at beginning of fiscal yearUSD $ 2,506,983,660
Revenues less expenses for current yearUSD $ 12,457,871
Revenues less expenses for previous yearUSD $ 17,825,320
Total expenses for current yearUSD $ 89,545,899
Total expenses for previous yearUSD $ 80,818,201
Other expenses in current yearUSD $ 49,466,866
Other expenses in previous yearUSD $ 43,235,742
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 39,706,349
Employee salary and benefits paid in previous yearUSD $ 37,242,515
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 372,684
Grants and similar amounts paid in previous yearUSD $ 339,944
Total revenue in current fiscal yearUSD $ 102,003,770
Total revenue in previous fiscal yearUSD $ 98,643,521
Contributions and grants from current yearUSD $ 625,000
Contributions and grants from previous yearUSD $ 2,576,265
Total of other revenueUSD $ 1,219,059
2021-12-31
Total unrelated business incomeUSD $ 208,952
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 90,635,336
Program Service Revenue from current yearUSD $ 91,285,755
Investment Income from prior yearUSD $ 4,334,321
Investment Income from current yearUSD $ 3,059,530
Other Revenue from prior yearUSD $ 1,345,404
Other Revenue from current yearUSD $ 1,721,971
Gross receipts from all sourcesUSD $ 181,107,678
Net assets / fund balances at end of fiscal yearUSD $ 228,046,112
Net assets / fund balances at beginning of fiscal yearUSD $ 215,836,463
Total liabilities at end of fiscal yearUSD $ 2,278,937,548
Total liabilities at beginning of fiscal yearUSD $ 2,026,013,035
Total assets at end of fiscal yearUSD $ 2,506,983,660
Total assets at beginning of fiscal yearUSD $ 2,241,849,498
Revenues less expenses for current yearUSD $ 17,825,320
Revenues less expenses for previous yearUSD $ 10,000,467
Total expenses for current yearUSD $ 80,818,201
Total expenses for previous yearUSD $ 86,955,594
Other expenses in current yearUSD $ 43,235,742
Other expenses in previous yearUSD $ 51,413,467
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 37,242,515
Employee salary and benefits paid in previous yearUSD $ 35,258,220
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 339,944
Grants and similar amounts paid in previous yearUSD $ 283,907
Total revenue in current fiscal yearUSD $ 98,643,521
Total revenue in previous fiscal yearUSD $ 96,956,061
Contributions and grants from current yearUSD $ 2,576,265
Contributions and grants from previous yearUSD $ 641,000
Total of other revenueUSD $ 1,684,409
2020-12-31
Total unrelated business incomeUSD $ 213,154
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 86,909,557
Program Service Revenue from current yearUSD $ 90,635,336
Investment Income from prior yearUSD $ 5,666,468
Investment Income from current yearUSD $ 4,334,321
Other Revenue from prior yearUSD $ 2,823,149
Other Revenue from current yearUSD $ 1,345,404
Gross receipts from all sourcesUSD $ 182,597,324
Net assets / fund balances at end of fiscal yearUSD $ 215,836,463
Net assets / fund balances at beginning of fiscal yearUSD $ 204,876,633
Total liabilities at end of fiscal yearUSD $ 2,026,013,035
Total liabilities at beginning of fiscal yearUSD $ 1,713,055,875
Total assets at end of fiscal yearUSD $ 2,241,849,498
Total assets at beginning of fiscal yearUSD $ 1,917,932,508
Revenues less expenses for current yearUSD $ 10,000,467
Revenues less expenses for previous yearUSD $ 9,346,842
Total expenses for current yearUSD $ 86,955,594
Total expenses for previous yearUSD $ 86,386,332
Other expenses in current yearUSD $ 51,413,467
Other expenses in previous yearUSD $ 51,208,290
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 35,258,220
Employee salary and benefits paid in previous yearUSD $ 34,911,268
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 283,907
Grants and similar amounts paid in previous yearUSD $ 266,774
Total revenue in current fiscal yearUSD $ 96,956,061
Total revenue in previous fiscal yearUSD $ 95,733,174
Contributions and grants from current yearUSD $ 641,000
Contributions and grants from previous yearUSD $ 334,000
Total of other revenueUSD $ 1,343,552
2019-12-31
Total unrelated business incomeUSD $ 270,748
Net unrelated business incomeUSD $ -363,927
Program Service Revenue from prior yearUSD $ 80,934,425
Program Service Revenue from current yearUSD $ 86,909,557
Investment Income from prior yearUSD $ 7,683,085
Investment Income from current yearUSD $ 5,666,468
Other Revenue from prior yearUSD $ 1,292,227
Other Revenue from current yearUSD $ 2,823,149
Gross receipts from all sourcesUSD $ 174,357,170
Net assets / fund balances at end of fiscal yearUSD $ 204,876,633
Net assets / fund balances at beginning of fiscal yearUSD $ 192,682,539
Total liabilities at end of fiscal yearUSD $ 1,713,055,875
Total liabilities at beginning of fiscal yearUSD $ 1,667,669,892
Total assets at end of fiscal yearUSD $ 1,917,932,508
Total assets at beginning of fiscal yearUSD $ 1,860,352,431
Revenues less expenses for current yearUSD $ 9,346,842
Revenues less expenses for previous yearUSD $ 10,904,513
Total expenses for current yearUSD $ 86,386,332
Total expenses for previous yearUSD $ 79,005,224
Other expenses in current yearUSD $ 51,208,290
Other expenses in previous yearUSD $ 46,763,795
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 34,911,268
Employee salary and benefits paid in previous yearUSD $ 32,038,211
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 266,774
Grants and similar amounts paid in previous yearUSD $ 203,218
Total revenue in current fiscal yearUSD $ 95,733,174
Total revenue in previous fiscal yearUSD $ 89,909,737
Contributions and grants from current yearUSD $ 334,000
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 2,782,122
2018-12-31
Total unrelated business incomeUSD $ 249,407
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 77,202,422
Program Service Revenue from current yearUSD $ 80,934,425
Investment Income from prior yearUSD $ 3,419,474
Investment Income from current yearUSD $ 7,683,085
Other Revenue from prior yearUSD $ 1,457,117
Other Revenue from current yearUSD $ 1,292,227
Gross receipts from all sourcesUSD $ 148,359,029
Net assets / fund balances at end of fiscal yearUSD $ 192,682,539
Net assets / fund balances at beginning of fiscal yearUSD $ 183,236,310
Total liabilities at end of fiscal yearUSD $ 1,667,669,892
Total liabilities at beginning of fiscal yearUSD $ 1,634,022,474
Total assets at end of fiscal yearUSD $ 1,860,352,431
Total assets at beginning of fiscal yearUSD $ 1,817,258,784
Revenues less expenses for current yearUSD $ 10,904,513
Revenues less expenses for previous yearUSD $ 8,697,636
Total expenses for current yearUSD $ 79,005,224
Total expenses for previous yearUSD $ 73,381,377
Other expenses in current yearUSD $ 46,763,795
Other expenses in previous yearUSD $ 43,340,361
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 32,038,211
Employee salary and benefits paid in previous yearUSD $ 29,776,272
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 203,218
Grants and similar amounts paid in previous yearUSD $ 264,744
Total revenue in current fiscal yearUSD $ 89,909,737
Total revenue in previous fiscal yearUSD $ 82,079,013
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,237,748
2017-12-31
Total unrelated business incomeUSD $ 242,965
Net unrelated business incomeUSD $ -266,929
Program Service Revenue from prior yearUSD $ 75,393,781
Program Service Revenue from current yearUSD $ 77,202,422
Investment Income from prior yearUSD $ 2,458,375
Investment Income from current yearUSD $ 3,419,474
Other Revenue from prior yearUSD $ 1,128,892
Other Revenue from current yearUSD $ 1,457,117
Gross receipts from all sourcesUSD $ 130,471,954
Net assets / fund balances at end of fiscal yearUSD $ 183,236,310
Net assets / fund balances at beginning of fiscal yearUSD $ 176,095,861
Total liabilities at end of fiscal yearUSD $ 1,634,022,474
Total liabilities at beginning of fiscal yearUSD $ 1,598,930,778
Total assets at end of fiscal yearUSD $ 1,817,258,784
Total assets at beginning of fiscal yearUSD $ 1,775,026,639
Revenues less expenses for current yearUSD $ 8,697,636
Revenues less expenses for previous yearUSD $ 4,994,363
Total expenses for current yearUSD $ 73,381,377
Total expenses for previous yearUSD $ 73,986,685
Other expenses in current yearUSD $ 43,340,361
Other expenses in previous yearUSD $ 45,005,516
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 29,776,272
Employee salary and benefits paid in previous yearUSD $ 28,970,794
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 264,744
Grants and similar amounts paid in previous yearUSD $ 10,375
Total revenue in current fiscal yearUSD $ 82,079,013
Total revenue in previous fiscal yearUSD $ 78,981,048
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,393,354
2016-12-31
Total unrelated business incomeUSD $ 284,047
Net unrelated business incomeUSD $ -198,203
Program Service Revenue from prior yearUSD $ 72,538,653
Program Service Revenue from current yearUSD $ 75,393,781
Investment Income from prior yearUSD $ 2,662,958
Investment Income from current yearUSD $ 2,458,375
Other Revenue from prior yearUSD $ 1,102,432
Other Revenue from current yearUSD $ 1,128,892
Gross receipts from all sourcesUSD $ 95,657,097
Net assets / fund balances at end of fiscal yearUSD $ 176,095,861
Net assets / fund balances at beginning of fiscal yearUSD $ 171,639,300
Total liabilities at end of fiscal yearUSD $ 1,598,930,778
Total liabilities at beginning of fiscal yearUSD $ 1,509,100,243
Total assets at end of fiscal yearUSD $ 1,775,026,639
Total assets at beginning of fiscal yearUSD $ 1,680,739,543
Revenues less expenses for current yearUSD $ 4,994,363
Revenues less expenses for previous yearUSD $ 5,200,808
Total expenses for current yearUSD $ 73,986,685
Total expenses for previous yearUSD $ 71,103,235
Other expenses in current yearUSD $ 45,005,516
Other expenses in previous yearUSD $ 45,468,881
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 28,970,794
Employee salary and benefits paid in previous yearUSD $ 25,624,354
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 10,375
Grants and similar amounts paid in previous yearUSD $ 10,000
Total revenue in current fiscal yearUSD $ 78,981,048
Total revenue in previous fiscal yearUSD $ 76,304,043
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,115,822
2015-12-31
Total unrelated business incomeUSD $ 270,494
Net unrelated business incomeUSD $ -196,001
Program Service Revenue from prior yearUSD $ 72,748,362
Program Service Revenue from current yearUSD $ 72,538,653
Investment Income from prior yearUSD $ 4,827,487
Investment Income from current yearUSD $ 2,662,958
Other Revenue from prior yearUSD $ 931,529
Other Revenue from current yearUSD $ 1,102,432
Gross receipts from all sourcesUSD $ 96,626,086
Net assets / fund balances at end of fiscal yearUSD $ 171,639,300
Net assets / fund balances at beginning of fiscal yearUSD $ 166,731,620
Total liabilities at end of fiscal yearUSD $ 1,509,100,243
Total liabilities at beginning of fiscal yearUSD $ 1,423,103,776
Total assets at end of fiscal yearUSD $ 1,680,739,543
Total assets at beginning of fiscal yearUSD $ 1,589,835,396
Revenues less expenses for current yearUSD $ 5,200,808
Revenues less expenses for previous yearUSD $ 8,882,644
Total expenses for current yearUSD $ 71,103,235
Total expenses for previous yearUSD $ 69,624,734
Other expenses in current yearUSD $ 45,468,881
Other expenses in previous yearUSD $ 43,673,681
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 25,624,354
Employee salary and benefits paid in previous yearUSD $ 25,951,053
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 10,000
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 76,304,043
Total revenue in previous fiscal yearUSD $ 78,507,378
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,083,225
2014-12-31
Total unrelated business incomeUSD $ 337,301
Net unrelated business incomeUSD $ -328,472
Program Service Revenue from prior yearUSD $ 73,961,923
Program Service Revenue from current yearUSD $ 72,748,362
Investment Income from prior yearUSD $ 6,565,269
Investment Income from current yearUSD $ 4,827,487
Other Revenue from prior yearUSD $ 1,044,879
Other Revenue from current yearUSD $ 931,529
Gross receipts from all sourcesUSD $ 130,747,716
Net assets / fund balances at end of fiscal yearUSD $ 166,731,620
Net assets / fund balances at beginning of fiscal yearUSD $ 156,555,479
Total liabilities at end of fiscal yearUSD $ 1,423,103,776
Total liabilities at beginning of fiscal yearUSD $ 1,430,461,836
Total assets at end of fiscal yearUSD $ 1,589,835,396
Total assets at beginning of fiscal yearUSD $ 1,587,017,315
Revenues less expenses for current yearUSD $ 8,882,644
Revenues less expenses for previous yearUSD $ 9,367,840
Total expenses for current yearUSD $ 69,624,734
Total expenses for previous yearUSD $ 72,204,231
Other expenses in current yearUSD $ 43,673,681
Other expenses in previous yearUSD $ 46,452,732
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 25,951,053
Employee salary and benefits paid in previous yearUSD $ 25,751,499
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 78,507,378
Total revenue in previous fiscal yearUSD $ 81,572,071
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 870,151

Other Company Names associated with EIN

CREDIT UNIONS CHARTERED IN THE STATE OF

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 381250516

USA Mailing Address
501 S CAPITOL AVE
LANSING
MI
48933
Date first seen: 2007-01-01
Date last seen: 2025-07-31
USA Mailing Address
501 SOUTH CAPITOL AVENUE
LANSING
MI
489332320
Date first seen: 2010-07-16
Date last seen: 2015-07-29
USA Mailing Address
4605 S. OLD US 23
BRIGHTON
MI
48114
Date first seen: 2007-01-01
Date last seen: 2025-12-04
USA Mailing Address
7927 NEMCO WAY, SUITE 100
BRIGHTON
MI
481169470
Date first seen: 2012-05-11
Date last seen: 2012-05-11
USA Location Address
501 S CAPITOL AVE
LANSING
MI
489332320
Date first seen: 2010-07-16
Date last seen: 2010-12-28
USA Mailing Address
7927 NEMCO WAY NO 100
BRIGHTON
MI
48116
Date first seen: 2007-01-01
Date last seen: 2025-08-31
USA Mailing Address
4605 S. OLD US HIGHWAY 23
BRIGHTON
MI
48114
Date first seen: 2007-01-01
Date last seen: 2025-12-04

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The following companies are located in the same ZIP code areas:

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