Lafcu
Lansing, MI · EIN 38-0893210 · Rank 3,301 by total revenue
Cooperative financial institution - credit union providing loans and savings products and services to members.
Money, Form 990 for tax year 2024
- Total revenue
- $177,489,649
- Total expenses
- $69,496,099
- Total assets
- $1,129,173,408
- Salary base (all salaries and wages)
- $14,983,546
- Salaries, other pay and benefits
- $20,342,535
- Employees
- 222
- Salary base per employee
- $67,493
"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 Spyke | CEO | Officer | 40 | $1,472,927 |
| Leslie Rorie | CFO | Officer | 40 | $224,611 |
| Robyn Howell | SVP/COO | Key employee | 40 | $338,341 |
| Kelli Ellsworth-Etchison | CHIEF MARKETING OFCR./CHIE | Key employee | 40 | $322,312 |
| Melvin Place | BOD VICE-PRESIDENT | Board | 3 | None reported |
| Tom Martinson | BOD TREASURER | Board | 3 | None reported |
| Tom Culpepper | BOD SECRETARY | Board | 3 | None reported |
| Jere Auvenshine | BOD MEMBER | Board | 3 | None reported |
| Paulette Warren | BOD MEMBER | Board | 3 | None reported |
| Randy Freeman | BOD PRESIDENT | Board | 3 | None reported |
| Melvin Coleman | BOD MEMBER | Board | 3 | None reported |
Top 10 paid people listed
These 9 people received $3,354,409, which is 22.4% of the $14,983,546 salary base shared by 222 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Patrick Spyke | CEO | Officer | 40 | $1,368,082 | $0 | $104,845 | $1,472,927 |
| Robyn Howell | SVP/COO | Key employee | 40 | $273,116 | $0 | $65,225 | $338,341 |
| Kelli Ellsworth-Etchison | CHIEF MARKETING OFCR./CHIE | Key employee | 40 | $263,934 | $0 | $58,378 | $322,312 |
| Jason Smith | CHIEF LENDING OFFICER | Highly paid employee | 40 | $192,806 | $0 | $54,406 | $247,212 |
| Emily Jannereth | CHIEF TECHNOLOGY OFFICER | Highly paid employee | 40 | $199,307 | $0 | $35,694 | $235,001 |
| Leslie Rorie | CFO | Officer | 40 | $190,593 | $0 | $34,018 | $224,611 |
| Amy Adam | VP OF CARDS | Highly paid employee | 40 | $147,252 | $0 | $31,132 | $178,384 |
| Stephen Schmitt | CORPORATE STRATEGIST | Highly paid employee | 40 | $144,577 | $0 | $29,667 | $174,244 |
| Kimberly Austin | EXECUTIVE IMPLEMENTATION OFFICER | Highly paid employee | 40 | $140,781 | $0 | $20,596 | $161,377 |
Sources
- IRS e-file return 202503219349316635 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 38-0893210
- Organization website (as filed): www.lafcu.com