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Filing year 2024

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

Brownstown, Michigan·EIN 38-1475121·501(c)(14)
Total revenue
$18.7M
Total assets
$252.9M
Total expenses
$16M
Reported officers
13
Mission

THE MISSION OF ADVANTAGE ONE CREDIT UNION IS TO OPERATE IN A SAFE AND SOUND MANNER WHILE MEETING THE FINANCIAL NEEDS OF ITS MEMBERSHIP.

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.

CEO
Above 90th percentile
$405k
$428k
Base
$308k
Bonus
$30k
Other
$16k
Benefits
$23k
Clo
Officer (Unspecified)
$193k
$203k
Base
$160k
Bonus
$10k
Other
$431
Benefits
$8k
CFO
75th to 90th percentile
$187k
$197k
Base
$155k
Bonus
$10k
Other
$278
Benefits
$8k
CIO
Chief Information Officer
25th percentile to median
$153k
$162k
Base
$127k
Bonus
$8k
Other
$58
Benefits
$7k
VP of Member Experience
Board Vice President
Median to 75th percentile
$144k
$152k
VP of Human Resources
Board Vice President
Median to 75th percentile
$130k
$138k

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 7 unpaid individuals.

Up 6%
from 2023

From $382k in 2023 to $405k in 2024.

$382k
2023
$405k
2024
In today's dollarsEst.
Up 3% in real terms$416k to $428k

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.

Pay for the position

Chief Executive Officer pay rose 6% from 2023 to 2024, while revenue rose 19%.

$382k in 2023 to $405k in 2024.
  • Chief Financial Officer pay rose 8% from 2023 to 2024.
  • Chief Information Officer pay rose 5% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 MICHIGAN reported revenue and expenses across 2 filing years.

RevenueExpenses
$15.8M
$13.6M
2023
$18.7M
$16M
2024
Total revenue and total expenses from IRS Form 990 filings.
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 2024, the Chief Executive Officer of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN received $405,120 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 2024 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 2024, CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN reported $18.7M in total revenue and $16M in total expenses on its IRS Form 990.

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