Arbor Financial Credit Union
Kalamazoo, MI · EIN 38-0703992 · Rank 8,574 by total revenue
The credit union's operations include holding deposits for and making loans to individuals who work or reside in the state of michigan.
Money, Form 990 for tax year 2024
- Total revenue
- $57,858,397
- Total expenses
- $51,507,065
- Total assets
- $903,389,090
- Salary base (all salaries and wages)
- $13,563,333
- Salaries, other pay and benefits
- $16,608,884
- Employees
- 284
- Salary base per employee
- $47,758
"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 (14)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Julie A Blitchok | PRESIDENT/CEO | Officer | 50 | $752,938 |
| Earle D Shelner II | CHIEF FINANCIAL OFFICER | Officer | 50 | $335,741 |
| Arthur Parker | TREASURER | Board, Officer | 10 | None reported |
| David Aubry | CHAIRMAN | Board, Officer | 30 | None reported |
| Joni Lapointe | SECRETARY | Board, Officer | 10 | None reported |
| Kimberly Rohr | VICE - CHAIRMAN | Board, Officer | 10 | None reported |
| Arlene C Horton | VP OF TALENT STRATEGY AND ORGANIZATION | Key employee | 50 | $374,000 |
| James O Blankenship | VP INFORMATION SYSTEMS | Key employee | 50 | $300,827 |
| Tamara L Phelps | VP OF OPERATIONS | Key employee | 50 | $286,122 |
| Susan Weir | VP OF MORTGAGE LENDING | Key employee | 50 | $250,221 |
| Christopher Jacobs | VP OF CONSUMER LENDING | Key employee | 50 | $209,385 |
| George Dudik | DIRECTOR | Board | 10 | None reported |
| Jeff Powless | DIRECTOR | Board | 10 | None reported |
| Josie Wyne | DIRECTOR | Board | 10 | None reported |
Top 10 paid people listed
These 10 people received $3,132,198, which is 23.1% of the $13,563,333 salary base shared by 284 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Julie A Blitchok | PRESIDENT/CEO | Officer | 50 | $603,373 | $0 | $149,565 | $752,938 |
| Arlene C Horton | VP OF TALENT STRATEGY AND ORGANIZATION | Key employee | 50 | $288,522 | $0 | $85,478 | $374,000 |
| Earle D Shelner II | CHIEF FINANCIAL OFFICER | Officer | 50 | $257,394 | $0 | $78,347 | $335,741 |
| James O Blankenship | VP INFORMATION SYSTEMS | Key employee | 50 | $211,820 | $0 | $89,007 | $300,827 |
| Tamara L Phelps | VP OF OPERATIONS | Key employee | 50 | $204,977 | $0 | $81,145 | $286,122 |
| Susan Weir | VP OF MORTGAGE LENDING | Key employee | 50 | $176,445 | $0 | $73,776 | $250,221 |
| Christine E Ferguson | VP MARKETING | Highly paid employee | 50 | $175,309 | $0 | $62,471 | $237,780 |
| Cullen McKinley | VP OF COMMERCIAL LENDING | Highly paid employee | 50 | $155,047 | $0 | $58,099 | $213,146 |
| Christopher Jacobs | VP OF CONSUMER LENDING | Key employee | 50 | $155,624 | $0 | $53,761 | $209,385 |
| Tina Mason | DIRECTOR OF PROJECT MANAGEMENT | Highly paid employee | 45 | $119,514 | $0 | $52,524 | $172,038 |
Sources
- IRS e-file return 202543179349306934 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 38-0703992
- Organization website (as filed): www.arborfcu.org