Elga Credit Union
Grand Blanc, MI · EIN 38-1441242 · Rank 4,509 by total revenue
Provide financial services and products to members.
Money, Form 990 for tax year 2024
- Total revenue
- $123,097,040
- Total expenses
- $95,636,518
- Total assets
- $1,552,368,811
- Salary base (all salaries and wages)
- $19,803,579
- Salaries, other pay and benefits
- $26,365,740
- Employees
- 351
- Salary base per employee
- $56,420
"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 (15)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Terry Katzur | CEO | Officer | 40 | $1,071,873 |
| David Brandt | EVP | Officer | 40 | $412,057 |
| Bryan Randall | CIO | Officer | 40 | $224,541 |
| Kathleen Smith | VP OF BRANCH EXPERIENCE | Key employee | 40 | $263,920 |
| Zachary Eychaner | VP OF DIGITAL EXPERIENCE | Key employee | 40 | $260,081 |
| Mallory Hazard | VP OF CONSUMER LENDING | Key employee | 40 | $226,887 |
| Harold Mott | BOARD CHAIRPERSON | Board | 1 | None reported |
| Joseph Boris | BOARD VICE CHAIRPERSON | Board | 1 | None reported |
| Christopher Goetz | BOARD MEMBER | Board | 1 | None reported |
| Diana Currier | BOARD TREASURER | Board | 1 | None reported |
| Kevin Keane | BOARD MEMBER | Board | 1 | None reported |
| Roderick Slaughter | BOARD MEMBER | Board | 1 | None reported |
| Sheveze Anderson | BOARD SECRETARY | Board | 1 | None reported |
| Ruthy Quarles | SUPERVISORY COMMITTEE CHAIR | Board | 1 | None reported |
| Glenn Wilson | SUPERVISORY COMMITTEE MEMBER | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $3,214,371, which is 16.2% of the $19,803,579 salary base shared by 351 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Terry Katzur | CEO | Officer | 40 | $1,033,087 | $0 | $38,786 | $1,071,873 |
| David Brandt | EVP | Officer | 40 | $365,771 | $0 | $46,286 | $412,057 |
| Kathleen Smith | VP OF BRANCH EXPERIENCE | Key employee | 40 | $226,396 | $0 | $37,524 | $263,920 |
| Zachary Eychaner | VP OF DIGITAL EXPERIENCE | Key employee | 40 | $232,913 | $0 | $27,168 | $260,081 |
| Mallory Hazard | VP OF CONSUMER LENDING | Key employee | 40 | $188,415 | $0 | $38,472 | $226,887 |
| Bryan Randall | CIO | Officer | 40 | $185,753 | $0 | $38,788 | $224,541 |
| Chadd O'Brien | CORPORATE COUNSEL | Highly paid employee | 40 | $187,925 | $0 | $24,497 | $212,422 |
| Robert Clontz | BRANCH MANAGER | Highly paid employee | 40 | $150,287 | $0 | $34,124 | $184,411 |
| Amy Zimmer | DIRECTOR OF MORTGAGE LENDING | Highly paid employee | 40 | $167,105 | $0 | $12,333 | $179,438 |
| Douglas Champagne | CREDIT SOLUTIONS MANAGER | Highly paid employee | 40 | $150,784 | $0 | $27,957 | $178,741 |
Sources
- IRS e-file return 202523219349312742 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 38-1441242
- Organization website (as filed): www.elgacu.com