TO BECOME THE PRIMARY FINANCIAL SERVICES PROVIDER FOR OUR MEMBERS THROUGH OUR CONTINUAL EFFORT TO EXEMPLIFY COURTEOUS, RELIABLE, COMPREHENSIVE AND PROMPT SERVICES THAT ARE COMPETITIVE WITH THE MARKET AND CORRESPOND TO THE NEEDS OF OUR MEMBERS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $305k
- Bonus
- $2k
- Other
- $187k
- Benefits
- $22k
- Base
- $165k
- Bonus
- $2k
- Other
- $814
- Benefits
- $63k
- Base
- $173k
- Bonus
- $2k
- Other
- $531
- Benefits
- $47k
- Base
- $165k
- Bonus
- $2k
- Other
- $1k
- Benefits
- $7k
- Base
- $101k
- Bonus
- $2k
- Other
- $256
- Benefits
- $36k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $305k | $2k | $187k | $22k | $517k $556k |
Vice President of Mem Serv Board Vice President 75th to 90th percentile | $165k | $2k | $814 | $63k | $297k $320k |
Vice President of Finance Vice President Above 90th percentile | $173k | $2k | $531 | $47k | $274k $295k |
Vice President of Lending Board Vice President Median to 75th percentile | $165k | $2k | $1k | $7k | $182k $195k |
Director of Marketing Director (Operational) 75th to 90th percentile | $101k | $2k | $256 | $36k | $156k $168k |
Coo/board Secretary Officer (Unspecified) | — | — | — | — | $20k $21k |
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 5 unpaid individuals.
Up 50%
from 2023
From $345k in 2023 to $517k 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 50% from 2023 to 2024, while revenue rose 17%.
- Board Vice President pay rose 26% from 2023 to 2024.
- Vice President pay rose 27% 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 SOVITA CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN SOVITA CREDIT UNION
What does the Chief Executive Officer of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN SOVITA CREDIT UNION earn?
In 2024, the Chief Executive Officer of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN SOVITA CREDIT UNION received $516,732 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 SOVITA 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 SOVITA CREDIT UNION falls in the top 10%.
What are CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN SOVITA CREDIT UNION's revenue and expenses?
In 2024, CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN SOVITA CREDIT UNION reported $21.3M in total revenue and $16.7M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read moreHow to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read moreAre Nonprofit Salaries Public?
What IRS Form 990 discloses about executive compensation, who has to report it, and how to look it up.
Read more