PROMOTION OF THRIFT AND PROVIDING LOW COST CREDIT AND OTHER FINANCIAL SERVICES FOR ITS MEMBERS THROUGH MUTUAL AND NONPROFIT ORGANIZATION.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 20 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $708k
- Bonus
- $5.8M
- Other
- $7k
- Benefits
- $2k
- Base
- $1.3M
- Bonus
- $154
- Other
- $781
- Benefits
- $11k
- Base
- $1.1M
- Bonus
- $154
- Other
- $450
- Benefits
- $11k
- Base
- $881k
- Bonus
- $100k
- Other
- $18k
- Benefits
- $7k
- Base
- $933k
- Bonus
- $154
- Other
- $690
- Benefits
- $10k
- Base
- $648k
- Bonus
- $151k
- Other
- $9k
- Benefits
- $10k
- Base
- $773k
- Bonus
- $154
- Other
- $690
- Benefits
- $8k
- Base
- $550k
- Bonus
- $145k
- Other
- $14k
- Benefits
- $11k
- Base
- $561k
- Bonus
- $307
- Other
- $961
- Benefits
- $107k
- Base
- $360k
- Bonus
- $90k
- Other
- $1k
- Benefits
- $12k
- Base
- $367k
- Bonus
- $83k
- Other
- $604
- Benefits
- $5k
- Base
- $376k
- Bonus
- $76k
- Other
- $10k
- Benefits
- $4k
- Base
- $217k
- Bonus
- $114k
- Other
- $73k
- Benefits
- $2k
- Base
- $275k
- Bonus
- $51k
- Other
- $13k
- Benefits
- $12k
- Base
- —
- Bonus
- —
- Other
- $340k
- Benefits
- —
- Base
- $230k
- Bonus
- $24k
- Other
- $817
- Benefits
- —
- Base
- $203k
- Bonus
- $65k
- Other
- $8k
- Benefits
- $3k
- Base
- $122k
- Bonus
- —
- Other
- $109k
- Benefits
- $2k
- Base
- $200k
- Bonus
- $18k
- Other
- $283
- Benefits
- $7k
- Base
- $156k
- Bonus
- —
- Other
- $16k
- Benefits
- $2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $708k | $5.8M | $7k | $2k | $6.6M $7.1M |
Mortgage Loan Originator Highest Compensated Employee Above 90th percentile | $1.3M | $154 | $781 | $11k | $1.3M $1.4M |
Mortgage Loan Originator Highest Compensated Employee Above 90th percentile | $1.1M | $154 | $450 | $11k | $1.1M $1.2M |
CEO Above 90th percentile | $881k | $100k | $18k | $7k | $1.1M $1.1M |
VP Retail Mortgage Sales Tc Board Vice President Above 90th percentile | $933k | $154 | $690 | $10k | $984k $1.1M |
Chief Experience Officer (Unspecified) | $648k | $151k | $9k | $10k | $875k $942k |
Mortgage Sales Manager Brighton Highest Compensated Employee Above 90th percentile | $773k | $154 | $690 | $8k | $823k $885k |
EVP CFO Above 90th percentile | $550k | $145k | $14k | $11k | $760k $818k |
Mortgage Sales Manager Fh Highest Compensated Employee Above 90th percentile | $561k | $307 | $961 | $107k | $691k $744k |
SVP Cco Senior Vice President 75th to 90th percentile | $360k | $90k | $1k | $12k | $504k $542k |
SVP Cro Senior Vice President 75th to 90th percentile | $367k | $83k | $604 | $5k | $488k $524k |
SVP COO Above 90th percentile | $376k | $76k | $10k | $4k | $466k $501k |
CPO Officer (Unspecified) | $217k | $114k | $73k | $2k | $432k $465k |
Cgo Key Employee Above 90th percentile | $275k | $51k | $13k | $12k | $412k $443k |
Former SVP Consumer Lending Senior Vice President Median to 75th percentile | — | — | $340k | — | $340k $366k |
CMO Officer (Unspecified) | $230k | $24k | $817 | — | $290k $312k |
CMO Officer (Unspecified) | $203k | $65k | $8k | $3k | $290k $312k |
CIO Chief Information Officer Median to 75th percentile | $122k | — | $109k | $2k | $238k $256k |
CPO Key Employee Median to 75th percentile | $200k | $18k | $283 | $7k | $225k $242k |
CIO Chief Information Officer 25th percentile to median | $156k | — | $16k | $2k | $173k $186k |
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 12 unpaid individuals.
Up 129%
from 2023
From $2.9M in 2023 to $6.6M in 2024.
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.
Chief Executive Officer pay rose 129% from 2023 to 2024, while revenue rose 20%.
- Highest Compensated Employee pay rose 28% from 2023 to 2024.
- Board Vice President pay rose 49% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN 48 LAKE MICHIGAN CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN 48 LAKE MICHIGAN CREDIT UNION
What does the Chief Executive Officer of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN 48 LAKE MICHIGAN CREDIT UNION earn?
In 2024, the Chief Executive Officer of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN 48 LAKE MICHIGAN CREDIT UNION received $6,610,257 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 UNIONS CHARTERED IN THE STATE OF MICHIGAN 48 LAKE MICHIGAN 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 CHARTERED IN THE STATE OF MICHIGAN 48 LAKE MICHIGAN CREDIT UNION falls in the top 10%.
What are CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN 48 LAKE MICHIGAN CREDIT UNION's revenue and expenses?
In 2024, CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN 48 LAKE MICHIGAN CREDIT UNION reported $829.4M in total revenue and $680.2M in total expenses on its IRS Form 990.
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