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Filing year 2024

CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

Dearborn, Michigan·EIN 38-1350130·501(c)(14)
Total revenue
$270.9M
Total assets
$6.7B
Total expenses
$228.1M
Reported officers
19
Mission

Highly personalized service, easy to understand, financial expertise offering a full range of financial services and products.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Financial Consultant
Highest Compensated Employee
Above 90th percentile
$1.6M
$1.6M
Base
$1.6M
Bonus
Other
Benefits
$24k
CEO
Above 90th percentile
$1.4M
$1.5M
Base
$895k
Bonus
$507k
Other
Benefits
$26k
Financial Consultant
Highest Compensated Employee
Above 90th percentile
$613k
$648k
Base
$613k
Bonus
Other
Benefits
$26k
Florida Market & Chief Cl Officer
Key Employee
Above 90th percentile
$573k
$605k
Base
$393k
Bonus
$180k
Other
Benefits
$18k
Chief Retail Service Officer
Key Employee
Above 90th percentile
$555k
$586k
Base
$370k
Bonus
$185k
Other
Benefits
$16k
CFO
Above 90th percentile
$554k
$585k
Base
$379k
Bonus
$175k
Other
Benefits
$24k
CIO
Chief Information Officer
Above 90th percentile
$553k
$584k
Base
$368k
Bonus
$185k
Other
Benefits
$19k
President Dfcu Financial Partners
Highest Compensated Employee
Above 90th percentile
$510k
$538k
Base
$163k
Bonus
$347k
Other
Benefits
$24k
Financial Consultant
Highest Compensated Employee
Above 90th percentile
$500k
$528k
Base
$500k
Bonus
Other
Benefits
$17k
Financial Consultant
Highest Compensated Employee
Above 90th percentile
$496k
$523k
Base
$496k
Bonus
Other
Benefits
$18k

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 9 unpaid individuals.

Up 10%
from 2023

From $1.4M in 2023 to $1.6M in 2024.

$1.4M
2023
$1.6M
2024
In today's dollarsEst.
Up 7% in real terms$1.5M to $1.6M

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

Highest Compensated Employee pay rose 10% from 2023 to 2024, while revenue rose 14%.

$1.4M in 2023 to $1.6M in 2024.
  • Chief Executive Officer pay rose 11% from 2023 to 2024.
  • Key Employee pay fell 50% 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
$237.7M
$188.8M
2023
$270.9M
$228.1M
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 Highest Compensated Employee of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN earn?

In 2024, the Highest Compensated Employee of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN received $1,558,279 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee 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 Highest Compensated Employee 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 $270.9M in total revenue and $228.1M in total expenses on its IRS Form 990.

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