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Filing year 2023

MICHIGAN CREDIT UNION FOUNDATION

Plymouth, Michigan·EIN 38-6066911·NTEE W61 · Public & Societal Benefit·501(c)(3)
Total revenue
$433k
Total assets
$1.3M
Total expenses
$242k
Reported officers
13
Mission

COOPERATIVELY EMPOWERING CREDIT UNIONS TO INCREASE FINANCIAL WELL-BEING BY SUPPORTING COMMUNITY ENRICHMENT, FINANCIAL EDUCATION, AND CREDIT UNION DEVELOPMENT INITIATIVES

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

Director
Board Member
Median to 75th percentile
$28k
$30k
Foundation Specialist
Officer (Unspecified)
$17k
$18k
Executive Director
Below 10th percentile
$3k
$3k

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.

Plus 10 unpaid individuals.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MICHIGAN CREDIT UNION FOUNDATION equaled 12% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2023)
12%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MICHIGAN CREDIT UNION FOUNDATION

What does the Board Member of MICHIGAN CREDIT UNION FOUNDATION earn?

In 2023, the Board Member of MICHIGAN CREDIT UNION FOUNDATION received $28,023 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Public & Societal Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at MICHIGAN CREDIT UNION FOUNDATION compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2023 pay of the Board Member at MICHIGAN CREDIT UNION FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at MICHIGAN CREDIT UNION FOUNDATION equaled 12% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are MICHIGAN CREDIT UNION FOUNDATION's revenue and expenses?

In 2023, MICHIGAN CREDIT UNION FOUNDATION reported $433k in total revenue and $242k in total expenses on its IRS Form 990.

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