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Filing year 2024

MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION

Clinton Township, Michigan·EIN 38-1629793·501(c)(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 · Part VII & Schedule J · 10 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
$854k
$901k
Base
$697k
Bonus
$82k
Other
$12k
Benefits
$29k
Mortgage Consultant
Highest Compensated Employee
Above 90th percentile
$595k
$628k
Base
$53k
Bonus
$508k
Other
$300
Benefits
$7k
COO
Above 90th percentile
$493k
$520k
Base
$377k
Bonus
$56k
Other
$300
Benefits
$26k
Clo
Highest Compensated Employee
Above 90th percentile
$471k
$498k
Base
$359k
Bonus
$56k
Other
$300
Benefits
$23k
CIO
Chief Information Officer
75th to 90th percentile
$396k
$418k
Base
$293k
Bonus
$45k
Other
$300
Benefits
$26k
CFO
Above 90th percentile
$330k
$349k
Base
$249k
Bonus
$40k
Other
$275
Benefits
$14k
Director
Board Member
10th to 25th percentile
$4k
$4k
Chairperson
Board Chair
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$864
$912
Director
Board Member
Below 10th percentile
$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.

Pay for the position

Chief Executive Officer pay rose 11% from 2023 to 2024, while revenue rose 27%.

$771k in 2023 to $854k in 2024.
  • Highest Compensated Employee pay rose 29% from 2023 to 2024.
  • Chief Operating Officer pay rose 9% 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

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.
FAQ

Common questions about MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION

What does the Chief Executive Officer of MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION earn?

In 2024, the Chief Executive Officer of MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION received $853,827 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 MICHIGAN SCHOOLS AND GOVERNMENT 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 MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION falls in the top 10%.

What are MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION's revenue and expenses?

In 2024, MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION reported $201.6M in total revenue and $177.1M in total expenses on its IRS Form 990.

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