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Filing year 2024

CREDIT UNIONS CHARTER IN THE STATE OF MI Thornapple Credit Union

Hastings, Michigan·EIN 38-1752492·501(c)(14)
Total revenue
$5.7M
Total assets
$72.4M
Total expenses
$4.8M
Reported officers
8
Mission

TO FURNISH COOPERATIVE FINANCIAL SERVICES TO MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

CEO
75th to 90th percentile
$195k
$210k
Base
$159k
Bonus
$12k
Other
Benefits
$18k

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 38%
from 2023

From $141k in 2023 to $195k in 2024.

$141k
2023
$195k
2024
In today's dollarsEst.
Up 34% in real terms$156k to $210k

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 38% from 2023 to 2024, while revenue rose 25%.

$141k in 2023 to $195k in 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 UNIONS CHARTER IN THE STATE OF MI Thornapple Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.6M
$3.7M
2023
$5.7M
$4.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CREDIT UNIONS CHARTER IN THE STATE OF MI Thornapple Credit Union

What does the Chief Executive Officer of CREDIT UNIONS CHARTER IN THE STATE OF MI Thornapple Credit Union earn?

In 2024, the Chief Executive Officer of CREDIT UNIONS CHARTER IN THE STATE OF MI Thornapple Credit Union received $194,903 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CREDIT UNIONS CHARTER IN THE STATE OF MI Thornapple 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 UNIONS CHARTER IN THE STATE OF MI Thornapple Credit Union falls between the 75th and 90th percentiles.

What are CREDIT UNIONS CHARTER IN THE STATE OF MI Thornapple Credit Union's revenue and expenses?

In 2024, CREDIT UNIONS CHARTER IN THE STATE OF MI Thornapple Credit Union reported $5.7M in total revenue and $4.8M in total expenses on its IRS Form 990.

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