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Filing year 2024

CREDIT UNIONS CHARTERED IN THE MI Farm Bureau Family Credit Union

Lansing, Michigan·EIN 38-1400730·14
Total revenue
$1.5M
Total assets
$23.6M
Total expenses
$1.1M
Reported officers
10
Mission

TO PROVIDE LOW COST FINANCIAL SERVICES TO OUR MEMBER OWNERS.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Base
$120k
Bonus
$8k
Other
Benefits
$14k

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 9 unpaid individuals.

Up 7%
from 2023

From $141k in 2023 to $151k in 2024.

$141k
2023
$151k
2024
In today's dollarsEst.
Up 4% in real terms$156k to $162k

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 CHARTERED IN THE MI Farm Bureau Family Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.1M
$958k
2023
$1.5M
$1.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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