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Filing year 2024

MICHIGAN UNITED CREDIT UNION

Birmingham, Michigan·EIN 38-1448844·501(c)(14)
Total revenue
$16.7M
Total assets
$331.6M
Total expenses
$14.4M
Reported officers
19
Mission

WE STRIVE TO IMPROVE THE FINANCIAL LIVES OF OUR MEMBERS THROUGH EDUCATION, TRUST, AND INNOVATIVE PRODUCTS AND SERVICES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 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
$410k
$433k
Base
$308k
Bonus
$50k
Other
Benefits
$24k
Vice President
75th to 90th percentile
$202k
$213k
Base
$156k
Bonus
$11k
Other
$600
Benefits
$21k
Vice President
75th to 90th percentile
$194k
$205k
Base
$167k
Bonus
$11k
Other
$600
Benefits
$2k
CFO
Median to 75th percentile
$169k
$179k
Base
$128k
Bonus
$9k
Other
$600
Benefits
$21k
Director
Director (Operational)
75th to 90th percentile
$167k
$177k
Base
$131k
Bonus
$4k
Other
$600
Benefits
$21k
Vice President
75th to 90th percentile
$153k
$161k
Base
$131k
Bonus
$9k
Other
Benefits
$2k
Vice President
75th to 90th percentile
$141k
$149k

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 12 unpaid individuals.

Up 13%
from 2023

From $361k in 2023 to $410k in 2024.

$361k
2023
$410k
2024
In today's dollarsEst.
Up 10% in real terms$393k to $433k

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 13% from 2023 to 2024, while revenue rose 16%.

$361k in 2023 to $410k in 2024.
  • Vice President pay rose 9% from 2023 to 2024.
  • Chief Financial Officer pay rose 4% 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 UNITED CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$14.4M
$12.7M
2023
$16.7M
$14.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MICHIGAN UNITED CREDIT UNION

What does the Chief Executive Officer of MICHIGAN UNITED CREDIT UNION earn?

In 2024, the Chief Executive Officer of MICHIGAN UNITED CREDIT UNION received $409,736 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 UNITED 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 UNITED CREDIT UNION falls in the top 10%.

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

In 2024, MICHIGAN UNITED CREDIT UNION reported $16.7M in total revenue and $14.4M in total expenses on its IRS Form 990.

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