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Filing year 2024

CREDIT UNIONS CHARTER IN THE STATE OF MI Thornapple Credit Union

Hastings, Michigan·EIN 38-1752492·14
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 · Schedule J · 1 reported individual · Filing year 2024

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.

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.
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