Skip to main content
Filing year 2024

ELGA CREDIT UNION

Grand Blanc, Michigan·EIN 38-1441242·501(c)(14)
Total revenue
$123.1M
Total assets
$1.6B
Total expenses
$95.6M
Reported officers
20
Mission

PROVIDE FINANCIAL SERVICES AND PRODUCTS TO 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
Above 90th percentile
$1.1M
$1.2M
Base
$888k
Bonus
$91k
Other
$54k
Benefits
$16k
EVP
Executive Vice President
75th to 90th percentile
$412k
$443k
Base
$303k
Bonus
$38k
Other
$25k
Benefits
$16k
VP of Branch Experience
Board Vice President
75th to 90th percentile
$264k
$284k
Base
$192k
Bonus
$29k
Other
$5k
Benefits
$18k
VP of Digital Experience
Board Vice President
75th to 90th percentile
$260k
$280k
Base
$205k
Bonus
$18k
Other
$10k
Benefits
$22k
VP of Consumer Lending
Board Vice President
75th to 90th percentile
$227k
$244k
Base
$150k
Bonus
$35k
Other
$4k
Benefits
$22k
CIO
Chief Information Officer
Median to 75th percentile
$225k
$242k
Base
$166k
Bonus
$19k
Other
$2k
Benefits
$21k
Corporate Counsel
Highest Compensated Employee
Median to 75th percentile
$212k
$229k
Base
$163k
Bonus
$18k
Other
$8k
Benefits
$7k
Branch Manager
Highest Compensated Employee
Median to 75th percentile
$184k
$198k
Base
$109k
Bonus
$37k
Other
$4k
Benefits
$22k
Director of Mortgage Lending
Highest Compensated Employee
Median to 75th percentile
$179k
$193k
Base
$138k
Bonus
$24k
Other
$5k
Benefits
$12k
Credit Solutions Manager
Highest Compensated Employee
Median to 75th percentile
$179k
$192k
Base
$116k
Bonus
$32k
Other
$3k
Benefits
$16k
Digital Experience Manager
Highest Compensated Employee
25th percentile to median
$162k
$175k
Base
$130k
Bonus
$14k
Other
$5k
Benefits
$116

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.

Held steady
from 2023

From $1.1M in 2023 to $1.1M in 2024.

$1.1M
2023
$1.1M
2024
In today's dollarsEst.
Down 2% in real terms$1.2M to $1.2M

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.

Pay for the position

Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue rose 13%.

$1.1M in 2023 to $1.1M in 2024.
  • Executive Vice President pay rose 3% from 2023 to 2024.
  • Board Vice President pay fell 3% 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

ELGA CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$108.7M
$81.2M
2023
$123.1M
$95.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ELGA CREDIT UNION

What does the Chief Executive Officer of ELGA CREDIT UNION earn?

In 2024, the Chief Executive Officer of ELGA CREDIT UNION received $1,071,873 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 ELGA 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 ELGA CREDIT UNION falls in the top 10%.

What are ELGA CREDIT UNION's revenue and expenses?

In 2024, ELGA CREDIT UNION reported $123.1M in total revenue and $95.6M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.