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Filing year 2024

American 1 Credit Union

Jackson, Michigan·EIN 38-2323689·501(c)(14)
Total revenue
$66.4M
Total assets
$660.9M
Total expenses
$61.1M
Reported officers
16
Mission

THE MISSION OF AMERICAN 1 CREDIT UNION IS TO CREATE FINANCIAL WELLNESS IN OUR COMMUNITIES THROUGH PERSONAL EVERYDAY BANKING.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
Above 90th percentile
$961k
$1M
Base
$686k
Bonus
$175k
Other
Benefits
$31k
Executive Vice President/coo
Key Employee
75th to 90th percentile
$283k
$305k
Base
$226k
Bonus
$30k
Other
Benefits
$4k
Chief Financial Officer
75th to 90th percentile
$257k
$276k
Base
$206k
Bonus
$18k
Other
Benefits
$12k
Chief Member Experience Officer
Highest Compensated Employee
Median to 75th percentile
$218k
$235k
Base
$177k
Bonus
$20k
Other
Benefits
$4k
VP of Information Security & Technology
Board Vice President
Median to 75th percentile
$187k
$201k
Base
$146k
Bonus
$14k
Other
Benefits
$12k
VP of Branch Operations
Board Vice President
Median to 75th percentile
$164k
$176k
Base
$120k
Bonus
$12k
Other
Benefits
$20k
VP of Communications
Board Vice President
Median to 75th percentile
$161k
$173k
Base
$126k
Bonus
$11k
Other
Benefits
$12k
Chief Experience Officer
Highest Compensated Employee
25th percentile to median
$150k
$161k
Base
$124k
Bonus
Other
Benefits
$14k
Former President/ceo
Former Officer/director/trustee
Median to 75th percentile
$148k
$159k
Base
$148k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Up 12%
from 2023

From $860k in 2023 to $961k in 2024.

$860k
2023
$961k
2024
In today's dollarsEst.
Up 9% in real terms$951k to $1M

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 12% from 2023 to 2024, while revenue rose 16%.

$860k in 2023 to $961k in 2024.
  • Key Employee pay rose 7% from 2023 to 2024.
  • Chief Financial Officer pay rose 12% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

American 1 Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$57.3M
$48.4M
2023
$66.4M
$61.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about American 1 Credit Union

What does the Chief Executive Officer of American 1 Credit Union earn?

In 2024, the Chief Executive Officer of American 1 Credit Union received $960,912 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at American 1 Credit Union compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at American 1 Credit Union falls in the top 10%.

What are American 1 Credit Union's revenue and expenses?

In 2024, American 1 Credit Union reported $66.4M in total revenue and $61.1M in total expenses on its IRS Form 990.

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