Credit Unions Chartered in the State of Michigan Sovita Credit Union
Flint, MI · EIN 38-0546210 · Rank 17,572 by total revenue
To become the primary financial services provider for our members through our continual effort to exemplify courteous, reliable, comprehensive and prompt services that are competitive with the market and correspond to the needs of our members.
Money, Form 990 for tax year 2025
- Total revenue
- $24,546,876
- Total expenses
- $18,934,081
- Total assets
- $575,856,918
- Salary base (all salaries and wages)
- $4,363,547
- Salaries, other pay and benefits
- $5,630,621
- Employees
- 96
- Salary base per employee
- $45,454
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (11)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Patrick White | CEO | Board, Officer | 40 | $379,290 |
| Daniel Fondren | VICE PRESIDENT OF FINANCE | Officer | 40 | $263,850 |
| Patrick Hagedorn | COO/BOARD SECRETARY | Board, Officer | 3 | $26,460 |
| Jill Kruyer | VICE PRESIDENT OF MEM SERV | Key employee | 40 | $275,192 |
| Michael Furst | VICE PRESIDENT OF LENDING | Key employee | 40 | $185,074 |
| Michael Vance | BOARD MEMBER | Board | 1 | None reported |
| Patricia R Gooch | BOARD PRESIDENT | Board | 1 | None reported |
| Sam Paraschos | BOARD VICE PRESIDENT | Board | 1 | None reported |
| Joseph Eufinger | BOARD TREASURER | Board | 1 | None reported |
| Andre Weathers | BOARD MEMBER | Board | 1 | None reported |
| April Paraschos | BOARD MEMBER | Board | 1 | None reported |
Top 10 paid people listed
These 7 people received $1,446,584, which is 33.2% of the $4,363,547 salary base shared by 96 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Patrick White | CEO | Board, Officer | 40 | $353,878 | $0 | $25,412 | $379,290 |
| Jill Kruyer | VICE PRESIDENT OF MEM SERV | Key employee | 40 | $176,603 | $0 | $98,589 | $275,192 |
| Daniel Fondren | VICE PRESIDENT OF FINANCE | Officer | 40 | $183,150 | $0 | $80,700 | $263,850 |
| Michael Furst | VICE PRESIDENT OF LENDING | Key employee | 40 | $176,812 | $0 | $8,262 | $185,074 |
| Jennifer Shew | DIRECTOR OF MARKETING | Highly paid employee | 40 | $115,027 | $0 | $44,090 | $159,117 |
| John Malone | IT COORDINATOR | Highly paid employee | 40 | $111,039 | $0 | $46,562 | $157,601 |
| Patrick Hagedorn | COO/BOARD SECRETARY | Board, Officer | 3 | $26,460 | $0 | $0 | $26,460 |
Sources
- IRS e-file return 202622139349300902 (Form 990, period ending 2025-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 38-0546210
- Organization website (as filed): sovitacu.org