Michigan Educational Credit Union
Plymouth, MI · EIN 38-1305916 · Rank 11,047 by total revenue
To provide financial services to member owners with a common bond.
Money, Form 990 for tax year 2025
- Total revenue
- $43,262,092
- Total expenses
- $38,607,073
- Total assets
- $1,091,465,928
- Salary base (all salaries and wages)
- $8,698,252
- Salaries, other pay and benefits
- $13,065,788
- Employees
- 103
- Salary base per employee
- $84,449
"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 (16)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Robert Sandercock | CHIEF EXECUTIVE OFFICER | Officer | 38 | $2,199,905 |
| Kevin Finneran | CHIEF FINANCIAL OFFICER | Officer | 38 | $397,781 |
| Andrew Schmitt | VICE PRESIDENT INFORMATION TECHNOLOGY | Officer | 38 | $292,876 |
| Alonzo Glaze | CHAIRPERSON | Board, Officer | 2 | None reported |
| Robin J E Long | SECRETARY | Board, Officer | 2 | None reported |
| Steven Rodriguez | VICE CHAIRPERSON | Board, Officer | 2 | None reported |
| William Wooster | TREASURER | Board, Officer | 2 | None reported |
| Henry Willson | EXECUTIVE VICE PRESIDENT | Key employee | 38 | $600,381 |
| Jeffrey Cusmano | VICE PRESIDENT | Key employee | 38 | $442,229 |
| Lisa Kania | BRANCH MANAGER | Key employee | 38 | $252,715 |
| Emily Fricks | MARKETING SUPERVISOR | Key employee | 38 | $211,990 |
| Amy McQuiston | DIRECTOR | Board | 2 | None reported |
| Dane Dresch | DIRECTOR | Board | 2 | None reported |
| Deborah Elliston | DIRECTOR | Board | 2 | None reported |
| Gregory Baracy | DIRECTOR | Board | 2 | None reported |
| Scott Szukaitis | DIRECTOR | Board | 2 | None reported |
Top 10 paid people listed
These 10 people received $5,058,840, which is 58.2% of the $8,698,252 salary base shared by 103 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Robert Sandercock | CHIEF EXECUTIVE OFFICER | Officer | 38 | $2,106,680 | $0 | $93,225 | $2,199,905 |
| Henry Willson | EXECUTIVE VICE PRESIDENT | Key employee | 38 | $513,401 | $0 | $86,980 | $600,381 |
| Jeffrey Cusmano | VICE PRESIDENT | Key employee | 38 | $373,617 | $0 | $68,612 | $442,229 |
| Kevin Finneran | CHIEF FINANCIAL OFFICER | Officer | 38 | $324,344 | $0 | $73,437 | $397,781 |
| Andrew Schmitt | VICE PRESIDENT INFORMATION TECHNOLOGY | Officer | 38 | $244,016 | $0 | $48,860 | $292,876 |
| Lisa Kania | BRANCH MANAGER | Key employee | 38 | $197,952 | $0 | $54,763 | $252,715 |
| Andrea Klebba | EXECUTIVE ASSISTANT | Highly paid employee | 38 | $192,971 | $0 | $54,087 | $247,058 |
| Kyle Harris | DIGITAL SERVICES MANAGER | Highly paid employee | 38 | $172,916 | $0 | $45,820 | $218,736 |
| Emily Fricks | MARKETING SUPERVISOR | Key employee | 38 | $169,385 | $0 | $42,605 | $211,990 |
| Kelly Borowski | BRANCH MANAGER | Highly paid employee | 38 | $150,151 | $0 | $45,018 | $195,169 |
Sources
- IRS e-file return 202601899349301310 (Form 990, period ending 2025-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 38-1305916
- Organization website (as filed): www.michedcu.org