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Filing year 2024

ELGA CREDIT UNION

Grand Blanc, Michigan·EIN 38-1441242·14
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 · Schedule J · 11 reported individuals · Filing year 2024

Base
$888k
Bonus
$91k
Other
$54k
Benefits
$16k
EVP
executive vice president
$412k
$443k
Base
$303k
Bonus
$38k
Other
$25k
Benefits
$16k
VP of Branch Experience
vice president
$264k
$284k
Base
$192k
Bonus
$29k
Other
$5k
Benefits
$18k
VP of Digital Experience
vice president
$260k
$280k
Base
$205k
Bonus
$18k
Other
$10k
Benefits
$22k
VP of Consumer Lending
vice president
$227k
$244k
Base
$150k
Bonus
$35k
Other
$4k
Benefits
$22k
CIO
chief information officer
$225k
$242k
Base
$166k
Bonus
$19k
Other
$2k
Benefits
$21k
Corporate Counsel
highest compensated employee
$212k
$229k
Base
$163k
Bonus
$18k
Other
$8k
Benefits
$7k
Branch Manager
highest compensated employee
$184k
$198k
Base
$109k
Bonus
$37k
Other
$4k
Benefits
$22k
Director of Mortgage Lending
highest compensated employee
$179k
$193k
Base
$138k
Bonus
$24k
Other
$5k
Benefits
$12k
Credit Solutions Manager
highest compensated employee
$179k
$192k
Base
$116k
Bonus
$32k
Other
$3k
Benefits
$16k
Digital Experience Manager
highest compensated employee
$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.

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.
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