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Filing year 2024

CREDIT UNIONS CHARTERED IN THE STATE OF MI 1072 HPC CREDIT UNION

Alpena, Michigan·EIN 38-1362849·14
Total revenue
$6.8M
Total assets
$153.9M
Total expenses
$5.5M
Reported officers
11
Mission

TO SERVE AND PROMOTE MEMBERS' PERSONAL FINANCIAL SUCCESS AND TO CONTINUE THE CREDIT UNION PHILOSOPHY OF PEOPLE HELPING PEOPLE.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Base
$182k
Bonus
$15k
Other
$9k
Benefits
$3k
Base
$132k
Bonus
$12k
Other
$792
Benefits
$26k
Vice President
vice president
$173k
$186k
Base
$131k
Bonus
$12k
Other
$792
Benefits
$14k

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 7 unpaid individuals.

Up 12%
from 2023

From $203k in 2023 to $229k in 2024.

$203k
2023
$229k
2024
In today's dollarsEst.
Up 9% in real terms$225k to $246k

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

CREDIT UNIONS CHARTERED IN THE STATE OF MI 1072 HPC CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.4M
$5.3M
2023
$6.8M
$5.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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