Lenco Credit Union is a member-owned financial cooperative. It is our mission to provide member-owners with the highest quality financial services allowed within the realm of safe and sound business practices; to encourage thrift, savings, and the wise use of credit; to promote the cooperative ideals of the credit union philosophy; and to promote and support the people, agencies, and organizations of Lenawee County.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $138k
- Bonus
- $103k
- Other
- —
- Benefits
- —
- Base
- $167k
- Bonus
- $9k
- Other
- —
- Benefits
- $14k
- Base
- $43k
- Bonus
- $77k
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Vice President Above 90th percentile | $138k | $103k | — | — | $259k $279k |
President & CEO 75th to 90th percentile | $167k | $9k | — | $14k | $201k $216k |
Vice President Board Vice President 25th percentile to median | $43k | $77k | — | — | $120k $129k |
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 7 unpaid individuals.
Up 57%
from 2023
From $165k in 2023 to $259k 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 22% from 2023 to 2024, while revenue rose 30%.
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 MIDBA LENCO CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about CREDIT UNIONS CHARTERED IN THE STATE OF MIDBA LENCO CREDIT UNION
What does the Vice President of CREDIT UNIONS CHARTERED IN THE STATE OF MIDBA LENCO CREDIT UNION earn?
In 2024, the Vice President of CREDIT UNIONS CHARTERED IN THE STATE OF MIDBA LENCO CREDIT UNION received $259,195 in total compensation. This pay is in the top 10% for Vice President roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Vice President pay at CREDIT UNIONS CHARTERED IN THE STATE OF MIDBA LENCO CREDIT UNION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Vice President at CREDIT UNIONS CHARTERED IN THE STATE OF MIDBA LENCO CREDIT UNION falls in the top 10%.
What are CREDIT UNIONS CHARTERED IN THE STATE OF MIDBA LENCO CREDIT UNION's revenue and expenses?
In 2024, CREDIT UNIONS CHARTERED IN THE STATE OF MIDBA LENCO CREDIT UNION reported $6.5M in total revenue and $4.8M in total expenses on its IRS Form 990.
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