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Filing year 2023

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

Kalamazoo, Michigan·EIN 38-1686050·501(c)(14)
Total revenue
$183.1M
Total assets
$3B
Total expenses
$148.2M
Reported officers
19
Mission

PROVIDE COMPETITIVE DEPOSIT AND LOAN PRODUCTS TO OUR MEMBERSHIP BASE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

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

President/ceo
Above 90th percentile
$1M
$1.1M
Base
$636k
Bonus
$88k
Other
$25k
Benefits
$34k
Chief Lending Officer
Key Employee
Above 90th percentile
$463k
$511k
Base
$300k
Bonus
$52k
Other
$7k
Benefits
$24k
Chief Operating Officer
Above 90th percentile
$460k
$508k
Base
$301k
Bonus
$52k
Other
$3k
Benefits
$22k
Chief Financial Officer
Above 90th percentile
$323k
$357k
Base
$272k
Bonus
$31k
Other
$1k
Benefits
$14k
Chief People Officer
Key Employee
75th to 90th percentile
$271k
$299k
Base
$225k
Bonus
$23k
Other
$7k
Benefits
$4k
Commercial Lending Manager
Highest Compensated Employee
75th to 90th percentile
$256k
$283k
Base
$115k
Bonus
$114k
Other
$3k
Benefits
$17k
Chief Retail Officer
Key Employee
Median to 75th percentile
$250k
$276k
Base
$202k
Bonus
$18k
Other
$913
Benefits
$19k
VP of Indirect Services
Board Vice President
75th to 90th percentile
$246k
$272k
Base
$141k
Bonus
$75k
Other
$5k
Benefits
$17k
VP of IT
Board Vice President
75th to 90th percentile
$235k
$259k
Base
$167k
Bonus
$24k
Other
$2k
Benefits
$33k
VP of Commercial Services
Board Vice President
75th to 90th percentile
$222k
$246k
Base
$177k
Bonus
$24k
Other
$2k
Benefits
$12k
VP of Marketing
Board Vice President
Median to 75th percentile
$207k
$229k
Base
$167k
Bonus
$22k
Other
$8k
Benefits
$2k

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 8 unpaid individuals.

FAQ

Common questions about CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

What does the Chief Executive Officer of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN earn?

In 2023, the Chief Executive Officer of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN received $1,009,875 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 compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN falls in the top 10%.

What are CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN's revenue and expenses?

In 2023, CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN reported $183.1M in total revenue and $148.2M in total expenses on its IRS Form 990.

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