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Filing year 2024

CREDIT UNION CHARTERED IN THE STATE OF COMMUNITY CHOICE CREDIT UNION

Farmington Hills, Michigan·EIN 38-0960035·501(c)(14)
Total revenue
$124.8M
Total assets
$1.8B
Total expenses
$118.2M
Reported officers
26
Mission

WE BELIEVE IN HELPING OUR NEIGHBORS ACHIEVE THE LIFE THEY DESIRE.

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
$1.3M
$1.3M
Base
$841k
Bonus
$352k
Other
$5k
Benefits
$17k
Coo/evp
Officer (Unspecified)
$846k
$893k
Base
$417k
Bonus
$136k
Other
$3k
Benefits
$17k
Wealth Advisor
Highest Compensated Employee
Above 90th percentile
$558k
$589k
Base
$66k
Bonus
$103k
Other
$365k
Benefits
$394
CFO
Above 90th percentile
$465k
$491k
Base
$320k
Bonus
$79k
Other
$9k
Benefits
$17k
Clo
Officer (Unspecified)
$415k
$438k
Base
$314k
Bonus
$57k
Other
$36k
Benefits
$592
VP Business Development
Board Vice President
Above 90th percentile
$406k
$428k
Base
$116k
Bonus
$253k
Other
$13k
Benefits
$444
Chro
Officer (Unspecified)
$383k
$405k
Base
$255k
Bonus
$61k
Other
$18k
Benefits
$17k
Sr Business Relationship Manager
Business Manager
Above 90th percentile
$370k
$391k
Base
$134k
Bonus
$189k
Other
$8k
Benefits
$17k
SVP Chief Digital Officer
Senior Vice President
Median to 75th percentile
$354k
$373k
Base
$258k
Bonus
$61k
Other
$11k
Benefits
$646
Sr Business Relationship Manager
Business Manager
Above 90th percentile
$335k
$354k
Base
$140k
Bonus
$183k
Other
$600
Benefits
$7k
VP Technology
Board Vice President
75th to 90th percentile
$302k
$319k
Base
$210k
Bonus
$43k
Other
$8k
Benefits
$17k
VP Retail Delivery
Board Vice President
75th to 90th percentile
$294k
$311k
Base
$196k
Bonus
$50k
Other
$600
Benefits
$17k
VP Risk Management
Board Vice President
75th to 90th percentile
$287k
$303k
Base
$214k
Bonus
$43k
Other
$600
Benefits
$18k
VP Marketing
Board Vice President
75th to 90th percentile
$287k
$303k
Base
$223k
Bonus
$43k
Other
$3k
Benefits
$646
VP Lending
Board Vice President
75th to 90th percentile
$284k
$300k
Base
$199k
Bonus
$49k
Other
$600
Benefits
$7k
Business Relationship Manager
Business Manager
75th to 90th percentile
$260k
$275k
Base
$105k
Bonus
$99k
Other
$13k
Benefits
$18k
VP Digital
Board Vice President
Median to 75th percentile
$208k
$219k
Base
$132k
Bonus
$30k
Other
$40k
Benefits
$430

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Up 11%
from 2023

From $1.1M in 2023 to $1.3M in 2024.

$1.1M
2023
$1.3M
2024
In today's dollarsEst.
Up 8% in real terms$1.2M to $1.3M

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 11% from 2023 to 2024, while revenue rose 21%.

$1.1M in 2023 to $1.3M in 2024.
  • Highest Compensated Employee pay rose 132% from 2023 to 2024.
  • Chief Financial Officer pay rose 1% 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

CREDIT UNION CHARTERED IN THE STATE OF COMMUNITY CHOICE CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$102.9M
$98.6M
2023
$124.8M
$118.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CREDIT UNION CHARTERED IN THE STATE OF COMMUNITY CHOICE CREDIT UNION

What does the Chief Executive Officer of CREDIT UNION CHARTERED IN THE STATE OF COMMUNITY CHOICE CREDIT UNION earn?

In 2024, the Chief Executive Officer of CREDIT UNION CHARTERED IN THE STATE OF COMMUNITY CHOICE CREDIT UNION received $1,269,098 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 CREDIT UNION CHARTERED IN THE STATE OF COMMUNITY CHOICE 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 CREDIT UNION CHARTERED IN THE STATE OF COMMUNITY CHOICE CREDIT UNION falls in the top 10%.

What are CREDIT UNION CHARTERED IN THE STATE OF COMMUNITY CHOICE CREDIT UNION's revenue and expenses?

In 2024, CREDIT UNION CHARTERED IN THE STATE OF COMMUNITY CHOICE CREDIT UNION reported $124.8M in total revenue and $118.2M in total expenses on its IRS Form 990.

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