THE LAKE TRUST CREDIT UNION FOUNDATION'S PRIMARY PURPOSE IS TO CREATE HEALTHY AND VIBRANT COMMUNITIES THROUGH EDUCATING, ENGAGING AND GIVING IN THE AREAS OF ECONOMIC EMPOWERMENT AND COMMUNITY ENHANCEMENT.
Executive compensation
Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Human Services organizations nationwide.
| Position | Total |
|---|---|
Board of Directors, President Board President Above 90th percentile | $357k $388k |
Board of Directors Board Member 25th percentile to medianvs Human Services peers in Michigan | $34k $36k |
Board of Directors, Secretary Board Secretary Median to 75th percentile | $32k $35k |
Board of Directors, Treasurer Board Treasurer Median to 75th percentile | $21k $23k |
Board of Directors Board Member 25th percentile to medianvs Human Services peers in Michigan | $21k $23k |
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.
Top pay as a share of expenses
In 2023, the highest total compensation at LAKE TRUST CREDIT UNION FOUNDATION equaled 198% of the organization's total expenses. The median for human services organizations is 8%.
Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LAKE TRUST CREDIT UNION FOUNDATION
What does the Board President of LAKE TRUST CREDIT UNION FOUNDATION earn?
In 2023, the Board President of LAKE TRUST CREDIT UNION FOUNDATION received $356,617 in total compensation. This pay is in the top 10% for Board President roles among Human Services organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board President pay at LAKE TRUST CREDIT UNION FOUNDATION compare with similar nonprofits?
Compared with the same role at Human Services organizations nationwide, the 2023 pay of the Board President at LAKE TRUST CREDIT UNION FOUNDATION falls in the top 10%. In 2023, the highest total compensation at LAKE TRUST CREDIT UNION FOUNDATION equaled 198% of the organization's total expenses. The median for human services organizations is 8%.
What are LAKE TRUST CREDIT UNION FOUNDATION's revenue and expenses?
In 2023, LAKE TRUST CREDIT UNION FOUNDATION reported $375k in total revenue and $180k in total expenses on its IRS Form 990.
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