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Filing year 2024

MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION

Clinton Township, Michigan·EIN 38-1629793·14
Total revenue
$201.6M
Total assets
$3.9B
Total expenses
$177.1M
Reported officers
17
Mission

WE ARE A CARING ORGANIZATION DEDICATED TO PROMOTING FINANCIAL SUCCESS FOR OUR MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

$854k
$901k
Base
$697k
Bonus
$82k
Other
$12k
Benefits
$29k
Mortgage Consultant
highest compensated employee
$595k
$628k
Base
$53k
Bonus
$508k
Other
$300
Benefits
$7k
Base
$377k
Bonus
$56k
Other
$300
Benefits
$26k
Clo
highest compensated employee
$471k
$498k
Base
$359k
Bonus
$56k
Other
$300
Benefits
$23k
CIO
chief information officer
$396k
$418k
Base
$293k
Bonus
$45k
Other
$300
Benefits
$26k
Base
$249k
Bonus
$40k
Other
$275
Benefits
$14k
Director
board member
$4k
$4k
Chairperson
board chair
$1k
$1k
Director
board member
$864
$912
Director
board member
$649
$685

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 7 unpaid individuals.

Up 11%
from 2023

From $771k in 2023 to $854k in 2024.

$771k
2023
$854k
2024
In today's dollarsEst.
Up 7% in real terms$839k to $901k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$159.3M
$139.7M
2023
$201.6M
$177.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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