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Filing year 2024

TLC COMMUNITY CREDIT UNION

Adrian, Michigan·EIN 38-1524325·501(c)(14)
Total revenue
$40.6M
Total assets
$784.2M
Total expenses
$30.8M
Reported officers
15
Mission

TO PROMOTE THE PHILOSOPHY OF PEOPLE HELPING PEOPLE. STRIVING TO BE THE PRIMARY PROVIDER OF FINANCIAL SERVICES TO OUR MEMBERS AND THEIR FAMILIES BY PROVIDING THE OPPORTUNITY TO ACHIEVE FINANCIAL SECURITY AND WELL-BEING.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
Above 90th percentile
$468k
$503k
Base
$349k
Bonus
Other
$516
Benefits
$76k
Evp-operations & Lending
Highest Compensated Employee
Median to 75th percentile
$233k
$250k
Base
$184k
Bonus
Other
$120
Benefits
$25k
SVP Information Services
Senior Vice President
25th percentile to median
$207k
$223k
Base
$162k
Bonus
Other
$516
Benefits
$24k
SVP Operations
Senior Vice President
25th percentile to median
$195k
$210k
Base
$156k
Bonus
Other
Benefits
$19k
Sr VP Finance
Vice President
75th to 90th percentile
$144k
$155k
Former CEO
Former Officer/director/trustee
Median to 75th percentile
$139k
$150k
Base
Bonus
Other
$139k
Benefits
VP Human Resources
Board Vice President
Median to 75th percentile
$126k
$136k
VP Branch Operations
Board Vice President
25th percentile to median
$120k
$129k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Up 14%
from 2023

From $411k in 2023 to $468k in 2024.

$411k
2023
$468k
2024
In today's dollarsEst.
Up 11% in real terms$454k to $503k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 110% from 2023 to 2024, while revenue rose 18%.

$223k in 2023 to $468k in 2024.
  • Highest Compensated Employee pay rose 6% from 2023 to 2024.
  • Senior Vice President pay rose 5% 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

TLC COMMUNITY CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$34.4M
$24.7M
2023
$40.6M
$30.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about TLC COMMUNITY CREDIT UNION

What does the Chief Executive Officer of TLC COMMUNITY CREDIT UNION earn?

In 2024, the Chief Executive Officer of TLC COMMUNITY CREDIT UNION received $467,824 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 TLC COMMUNITY 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 TLC COMMUNITY CREDIT UNION falls in the top 10%.

What are TLC COMMUNITY CREDIT UNION's revenue and expenses?

In 2024, TLC COMMUNITY CREDIT UNION reported $40.6M in total revenue and $30.8M in total expenses on its IRS Form 990.

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