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Filing year 2024

ELECTRICAL WORKERS LOCAL 58 CREDIT UNION

Detroit, Michigan·EIN 38-1532613·14
Total revenue
$806k
Total assets
$20.6M
Total expenses
$655k
Reported officers
8
Mission

PROVIDE FINANCIAL SERVICES AND PRODUCTS TO MEMBERS.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

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

CEO
Median to 75th percentile
$141k
$149k

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 26%
from 2023

From $112k in 2023 to $141k in 2024.

$112k
2023
$141k
2024
In today's dollarsEst.
Up 22% in real terms$121k to $149k

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 26% from 2023 to 2024, while revenue rose 36%.

$112k in 2023 to $141k in 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

ELECTRICAL WORKERS LOCAL 58 CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$594k
$486k
2023
$806k
$655k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ELECTRICAL WORKERS LOCAL 58 CREDIT UNION

What does the Chief Executive Officer of ELECTRICAL WORKERS LOCAL 58 CREDIT UNION earn?

In 2024, the Chief Executive Officer of ELECTRICAL WORKERS LOCAL 58 CREDIT UNION received $140,776 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ELECTRICAL WORKERS LOCAL 58 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 ELECTRICAL WORKERS LOCAL 58 CREDIT UNION falls between the median and the 75th percentile.

What are ELECTRICAL WORKERS LOCAL 58 CREDIT UNION's revenue and expenses?

In 2024, ELECTRICAL WORKERS LOCAL 58 CREDIT UNION reported $806k in total revenue and $655k in total expenses on its IRS Form 990.

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