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Filing year 2024

CREDIT UNIONS CHARTERED IN THE STATE OF MI DBA FINANCIALEDGE CREDIT UNION

Bay City, Michigan·EIN 38-1395220·14
Total revenue
$8.4M
Total assets
$128.4M
Total expenses
$6.9M
Reported officers
11
Mission

TO PROVIDE FINANCIAL SERVICES TO MEMBER OWNERS WITH A COMMON BOND.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Base
$221k
Bonus
$37k
Other
$4k
Benefits
$17k
Vice President
vice president
$153k
$164k
Base
$115k
Bonus
$9k
Other
$1k
Benefits
$11k
Vice President
vice president
$148k
$159k
CTO
unclassified
$134k
$144k
Base
$98k
Bonus
$9k
Other
$1k
Benefits
$9k

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 11%
from 2023

From $289k in 2023 to $320k in 2024.

$289k
2023
$320k
2024
In today's dollarsEst.
Up 8% in real terms$319k to $344k

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 STATE OF MI DBA FINANCIALEDGE CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.3M
$5.8M
2023
$8.4M
$6.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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