MEMBERS WILL UNDERSTAND AND EXPERIENCE THE BENEFITS OF A CREDIT UNION RELATIONSHIP AT A COST JUSTIFIED BY THE RESULTS. MEMBERS HAVE THE CAPABILITY TO EXERCISE CONTROL OVER THEIR FINANCIAL LIVES WHILE SHARING IN THE SUCCESS OF THE ORGANIZATION. (CONT'D ON SCH. O)MEMBERS EXPERIENCE REWARDS OF A MUTUALLY BENEFICIAL RELATIONSHIP BASED ON ADVOCACY AND TRUST RESULTING IN TRUST AND LOYALTY. MEMBERS VALUE THE LINK BETWEEN THEIR BENEFITS AND THEIR OWNERSHIP.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $800k
- Bonus
- $177k
- Other
- $26k
- Benefits
- $24k
- Base
- $276k
- Bonus
- $26k
- Other
- $15k
- Benefits
- $25k
- Base
- $281k
- Bonus
- $5k
- Other
- $1k
- Benefits
- $22k
- Base
- $248k
- Bonus
- —
- Other
- $49k
- Benefits
- $10k
- Base
- $256k
- Bonus
- $10k
- Other
- $600
- Benefits
- $26k
- Base
- $251k
- Bonus
- $16k
- Other
- $4k
- Benefits
- $9k
- Base
- $248k
- Bonus
- $2k
- Other
- $900
- Benefits
- $23k
- Base
- $227k
- Bonus
- $24k
- Other
- $900
- Benefits
- $10k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO and President Above 90th percentile | $800k | $177k | $26k | $24k | $1.4M $1.5M |
EVP Chief Financial Officer Above 90th percentile | $276k | $26k | $15k | $25k | $356k $375k |
EVP Chief Info & Ops Officer Above 90th percentile | $281k | $5k | $1k | $22k | $323k $341k |
EVP Chief Strategy Officer Above 90th percentile | $248k | — | $49k | $10k | $317k $335k |
EVP General Counsel Cro Executive Vice President Median to 75th percentile | $256k | $10k | $600 | $26k | $307k $324k |
EVP Chief Member Experience Officer 75th to 90th percentile | $251k | $16k | $4k | $9k | $293k $310k |
EVP Chief Lending Officer 75th to 90th percentile | $248k | $2k | $900 | $23k | $286k $302k |
EVP Chief People & Purpose Officer 75th to 90th percentile | $227k | $24k | $900 | $10k | $274k $290k |
Director Board Member 25th percentile to median | — | — | — | — | $12k $12k |
Secretary Officer (Unspecified) | — | — | — | — | $11k $12k |
Director Board Member 25th percentile to median | — | — | — | — | $7k $8k |
Director Board Member 25th percentile to median | — | — | — | — | $5k $6k |
Director Board Member 10th to 25th percentile | — | — | — | — | $4k $4k |
Director Board Member 10th to 25th percentile | — | — | — | — | $4k $4k |
Director Board Member 10th to 25th percentile | — | — | — | — | $2k $2k |
Director Board Member 10th to 25th percentile | — | — | — | — | $2k $2k |
Chairperson Board Chair Below 10th percentile | — | — | — | — | $1k $1k |
Director Board Member Below 10th percentile | — | — | — | — | $675 $713 |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 2 unpaid individuals.
Up 5%
from 2023
From $1.3M in 2023 to $1.4M in 2024.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 20%.
- Executive Vice President pay rose 9% from 2023 to 2024.
- Board Member pay rose 66% 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 222 LAKE TRUST CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about CREDIT UNIONS CHARTERED IN THE STATE OF 222 LAKE TRUST CREDIT UNION
What does the Chief Executive Officer of CREDIT UNIONS CHARTERED IN THE STATE OF 222 LAKE TRUST CREDIT UNION earn?
In 2024, the Chief Executive Officer of CREDIT UNIONS CHARTERED IN THE STATE OF 222 LAKE TRUST CREDIT UNION received $1,392,234 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 222 LAKE TRUST 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 222 LAKE TRUST CREDIT UNION falls in the top 10%.
What are CREDIT UNIONS CHARTERED IN THE STATE OF 222 LAKE TRUST CREDIT UNION's revenue and expenses?
In 2024, CREDIT UNIONS CHARTERED IN THE STATE OF 222 LAKE TRUST CREDIT UNION reported $146.4M in total revenue and $135.2M in total expenses on its IRS Form 990.
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