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Filing year 2024

FREESTAR FINANCIAL CREDIT UNION

Mt Clemens, Michigan·EIN 38-1582963·501(c)(14)
Total revenue
$18.6M
Total assets
$327.5M
Total expenses
$17.1M
Reported officers
15
Mission

TO POSITIVELY IMPACT THE LIVES OF OUR MEMBERS, TEAM MEMBERS, AND COMMUNITY THROUGH MEANINGFUL CONNECTIONS AND PROGRESSIVE FINANCIAL SOLUTIONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

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

President/ceo
Above 90th percentile
$568k
$611k
Base
$357k
Bonus
$43k
Other
$1k
Benefits
$23k
Chief Growth Officer
Key Employee
Median to 75th percentile
$206k
$221k
Base
$188k
Bonus
$8k
Other
$240
Benefits
Chief Information Officer
Median to 75th percentile
$193k
$208k
Base
$158k
Bonus
$5k
Other
$313
Benefits
$20k
VP Branch Operations
Board Vice President
Median to 75th percentile
$154k
$165k
Base
$134k
Bonus
$5k
Other
$277
Benefits
$6k
VP of Commuity Affairs
Board Vice President
Median to 75th percentile
$129k
$138k
AVP of Repayment Solutions
Highest Compensated Employee
10th to 25th percentile
$129k
$138k
CFO
25th percentile to median
$51k
$54k

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 8 unpaid individuals.

Up 5%
from 2023

From $542k in 2023 to $568k in 2024.

$542k
2023
$568k
2024
In today's dollarsEst.
Up 2% in real terms$598k to $611k

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 rose 5% from 2023 to 2024, while revenue rose 8%.

$542k in 2023 to $568k in 2024.
  • Key Employee pay rose 16% from 2023 to 2024.
  • Chief Information Officer pay rose 21% 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

FREESTAR FINANCIAL CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$17.1M
$16.1M
2023
$18.6M
$17.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FREESTAR FINANCIAL CREDIT UNION

What does the Chief Executive Officer of FREESTAR FINANCIAL CREDIT UNION earn?

In 2024, the Chief Executive Officer of FREESTAR FINANCIAL CREDIT UNION received $568,176 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 FREESTAR FINANCIAL 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 FREESTAR FINANCIAL CREDIT UNION falls in the top 10%.

What are FREESTAR FINANCIAL CREDIT UNION's revenue and expenses?

In 2024, FREESTAR FINANCIAL CREDIT UNION reported $18.6M in total revenue and $17.1M in total expenses on its IRS Form 990.

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