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Filing year 2023

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

Midland, Michigan·EIN 38-1489454·501(c)(14)
Total revenue
$54.3M
Total assets
$827.7M
Total expenses
$51.8M
Reported officers
21
Mission

THE MISSION OF MEMBERS FIRST CREDIT UNION IS ENCOURAGING A BETTER TOMORROW. WE DELIVER ON THIS MISSION BY BEING TRUSTWORTHY, CARING, AND ENTHUSIASTIC. WE EMPOWER OUR PEOPLE IN THEIR JOURNEY OF WELLBEING. WE BELIEVE IN PURPOSE, BELONGING, AND JOY; WHEN OUR PEOPLE FIND THIS IN THEIR WORK AND THE PEOPLE THEY WORK WITH, AMAZING THINGS HAPPEN.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 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
$416k
$459k
Base
$358k
Bonus
$1k
Other
$9k
Benefits
$26k
CFO
Above 90th percentile
$360k
$398k
Base
$306k
Bonus
$1k
Other
$2k
Benefits
$25k
CSO
Officer (Unspecified)
$239k
$264k
Base
$199k
Bonus
$1k
Other
$3k
Benefits
$20k
COO
75th to 90th percentile
$230k
$254k
Base
$200k
Bonus
$1k
Other
$3k
Benefits
$9k
VP of Lending
Board Vice President
Median to 75th percentile
$199k
$219k
Base
$155k
Bonus
$2k
Other
$3k
Benefits
$26k
VP Finance
Board Vice President
Median to 75th percentile
$189k
$209k
Base
$165k
Bonus
$1k
Other
$3k
Benefits
$19k
VP of Risk Management
Board Vice President
Median to 75th percentile
$189k
$209k
Base
$145k
Bonus
$2k
Other
$4k
Benefits
$27k
VP Channel Delivery
Board Vice President
Median to 75th percentile
$180k
$199k
Base
$159k
Bonus
$1k
Other
$2k
Benefits
$11k
VP Marketing
Board Vice President
Median to 75th percentile
$169k
$187k
Base
$135k
Bonus
$2k
Other
$2k
Benefits
$21k
VP Technology
Board Vice President
Median to 75th percentile
$154k
$170k
Base
$106k
Bonus
$10k
Other
$2k
Benefits
$26k
VP Culture & Employee Development
Board Vice President
Median to 75th percentile
$140k
$154k
Real Estate Lending Leader
Highest Compensated Employee
25th percentile to median
$133k
$147k

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 9 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 $415,871 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 $54.3M in total revenue and $51.8M in total expenses on its IRS Form 990.

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