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Filing year 2024

CONSUMERS CREDIT UNION

Kalamazoo, Michigan·EIN 38-1438667·501(c)(14)
Total revenue
$160.6M
Total assets
$2.4B
Total expenses
$138.7M
Reported officers
24
Mission

TO PROVIDE QUALITY AND INNOVATIVE FINANCIAL PRODUCTS AND SERVICES THAT CONTRIBUTE TO THE ECONOMIC AND SOCIAL WELL-BEING OF OUR MEMBERSHIP.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024

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

CEO
Above 90th percentile
$896k
$964k
Base
$596k
Bonus
$243k
Other
$13k
Benefits
$13k
CFO
Above 90th percentile
$817k
$879k
Base
$316k
Bonus
$129k
Other
$17k
Benefits
$13k
Chro
Officer (Unspecified)
$489k
$526k
Base
$225k
Bonus
$90k
Other
$124k
Benefits
$13k
Clo
Officer (Unspecified)
$440k
$474k
Base
$265k
Bonus
$107k
Other
$4k
Benefits
$13k
Mortgage Loan Officer
Highest Compensated Employee
Above 90th percentile
$438k
$471k
Base
$30k
Bonus
$2k
Other
$370k
Benefits
$13k
Mortgage Loan Officer
Highest Compensated Employee
Above 90th percentile
$387k
$417k
Base
$33k
Bonus
$2k
Other
$329k
Benefits
$628
Mortgage Sales Mgr
Highest Compensated Employee
75th to 90th percentile
$358k
$385k
Base
$50k
Bonus
Other
$286k
Benefits
$642
CSO
Officer (Unspecified)
$345k
$371k
Base
$183k
Bonus
$75k
Other
$4k
Benefits
$15k
CMO
Officer (Unspecified)
$341k
$366k
Base
$171k
Bonus
$73k
Other
$4k
Benefits
$10k
COO
75th to 90th percentile
$329k
$354k
Base
$182k
Bonus
$72k
Other
$6k
Benefits
$2k
CIO
Chief Information Officer
75th to 90th percentile
$325k
$350k
Base
$176k
Bonus
$71k
Other
Benefits
$13k
VP of Mortgage
Board Vice President
75th to 90th percentile
$321k
$345k
Base
$117k
Bonus
$22k
Other
$144k
Benefits
$15k
Cro
Officer (Unspecified)
$297k
$319k
Base
$163k
Bonus
$65k
Other
$5k
Benefits
$2k
VP of Consumer Lending & Data Analystics
Board Vice President
75th to 90th percentile
$232k
$250k
Base
$150k
Bonus
$33k
Other
$550
Benefits
$10k
Investment Services Program Manager
Program Manager
Above 90th percentile
$229k
$247k
Base
$70k
Bonus
$29k
Other
$110k
Benefits
$474
VP of Business Services
Board Vice President
75th to 90th percentile
$217k
$234k
Base
$155k
Bonus
$35k
Other
$536
Benefits
$12k
Mortgage Loan Officer
Highest Compensated Employee
Median to 75th percentile
$190k
$204k
Base
$30k
Bonus
$2k
Other
$129k
Benefits
$13k

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 6%
from 2023

From $847k in 2023 to $896k in 2024.

$847k
2023
$896k
2024
In today's dollarsEst.
Up 3% in real terms$935k to $964k

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 6% from 2023 to 2024, while revenue rose 22%.

$847k in 2023 to $896k in 2024.
  • Chief Financial Officer pay rose 9% from 2023 to 2024.
  • Highest Compensated Employee pay rose 24% 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

CONSUMERS CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$132.1M
$111M
2023
$160.6M
$138.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CONSUMERS CREDIT UNION

What does the Chief Executive Officer of CONSUMERS CREDIT UNION earn?

In 2024, the Chief Executive Officer of CONSUMERS CREDIT UNION received $896,077 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 CONSUMERS 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 CONSUMERS CREDIT UNION falls in the top 10%.

What are CONSUMERS CREDIT UNION's revenue and expenses?

In 2024, CONSUMERS CREDIT UNION reported $160.6M in total revenue and $138.7M in total expenses on its IRS Form 990.

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