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Filing year 2024

DIVERSIFIED MEMBERS CREDIT UNION

Detroit, Michigan·EIN 38-0480170·501(c)(14)
Total revenue
$30.6M
Total assets
$498.1M
Total expenses
$28.9M
Reported officers
20
Mission

TO PROVIDE FRIENDLY, PERSONAL, FINANCIAL SERVICES IN A PROFESSIONAL ATMOSPHERE TO ALL MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2024

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

CEO - Former
Above 90th percentile
$386k
$408k
Base
$386k
Bonus
Other
Benefits
CEO
Above 90th percentile
$353k
$372k
Base
$353k
Bonus
Other
Benefits
CFO
75th to 90th percentile
$214k
$226k
Base
$214k
Bonus
Other
Benefits
CMO
Officer (Unspecified)
$180k
$190k
Base
$180k
Bonus
Other
Benefits
Clo - Former
Former Officer/director/trustee
Median to 75th percentile
$158k
$167k
Base
$158k
Bonus
Other
Benefits
Consultant
Highest Compensated Employee
25th percentile to median
$143k
$151k
VP Comm Lend
Board Vice President
Median to 75th percentile
$142k
$150k
Controller
Median to 75th percentile
$139k
$147k
VP Asset Rec
Board Vice President
Median to 75th percentile
$128k
$135k
IT Mgr
IT Manager
10th to 25th percentile
$121k
$127k
COO
25th percentile to median
$120k
$127k

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.

Down 3%
from 2023

From $398k in 2023 to $386k in 2024.

$398k
2023
$386k
2024
In today's dollarsEst.
Down 6% in real terms$432k to $408k

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 fell 3% from 2023 to 2024, while revenue rose 83%.

$398k in 2023 to $386k in 2024.
  • Chief Financial Officer pay rose 20% from 2023 to 2024.
  • Highest Compensated Employee pay fell 4% 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

DIVERSIFIED MEMBERS CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$16.7M
$25.9M
2023
$30.6M
$28.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about DIVERSIFIED MEMBERS CREDIT UNION

What does the Chief Executive Officer of DIVERSIFIED MEMBERS CREDIT UNION earn?

In 2024, the Chief Executive Officer of DIVERSIFIED MEMBERS CREDIT UNION received $386,393 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 DIVERSIFIED MEMBERS 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 DIVERSIFIED MEMBERS CREDIT UNION falls in the top 10%.

What are DIVERSIFIED MEMBERS CREDIT UNION's revenue and expenses?

In 2024, DIVERSIFIED MEMBERS CREDIT UNION reported $30.6M in total revenue and $28.9M in total expenses on its IRS Form 990.

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