Community Financial Credit Union
Plymouth, MI · EIN 38-1447620 · Rank 5,100 by total revenue
State chartered, not-for-profit, full-service financial institution owned and governed by its membership. at community financial, we are committed to our members and our communities. for over 70 years. we've provided our michigan members competitively priced savings and loan products, outstanding service and support to their neighbors.
Money, Form 990 for tax year 2024
- Total revenue
- $106,672,065
- Total expenses
- $106,128,097
- Total assets
- $1,579,342,761
- Salary base (all salaries and wages)
- $28,476,963
- Salaries, other pay and benefits
- $34,244,665
- Employees
- 431
- Salary base per employee
- $66,072
"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 (17)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Tansley Stearns | PRESIDENT/CEO | Officer | 40 | $621,885 |
| Jill Johnson | CHIEF REVENUE AND LENDING (THRU 05.31.24) | Officer | 40 | $522,760 |
| Art Beard | CHIEF IT OFFICER | Officer | 40 | $418,176 |
| Cathy Meyers | CHIEF PEOPLE OFFICER | Officer | 40 | $414,471 |
| Scott Cameron | CHIEF FINANCIAL OFFICER | Officer | 40 | $372,738 |
| Danielle Frawley | CHIEF GROWTH OFFICER | Officer | 40 | $358,088 |
| Danielle Milner | CHIEF EXPERIENCE OFFICER | Officer | 40 | $332,631 |
| Elry Armaza | CHIEF OF STAFF | Officer | 40 | $301,353 |
| Teri Kuehn | BOARD CHAIR | Board, Officer | 1 | None reported |
| Dan Herriman | VICE-CHAIR | Board, Officer | 1 | None reported |
| Heidi Musser | VICE-CHAIR | Board, Officer | 1 | None reported |
| Yasir Khogali | TREASURER & SECRETARY | Board, Officer | 1 | None reported |
| Paul Bedich | DIRECTOR | Board | 1 | None reported |
| Dennis Lavoy | DIRECTOR | Board | 1 | None reported |
| Ned Staebler | DIRECTOR | Board | 1 | None reported |
| Johnnie Turnage | DIRECTOR | Board | 1 | None reported |
| Angela Peat | DIRECTOR | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $3,943,678, which is 13.8% of the $28,476,963 salary base shared by 431 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Tansley Stearns | PRESIDENT/CEO | Officer | 40 | $583,005 | $0 | $38,880 | $621,885 |
| Jill Johnson | CHIEF REVENUE AND LENDING (THRU 05.31.24) | Officer | 40 | $473,109 | $0 | $49,651 | $522,760 |
| Art Beard | CHIEF IT OFFICER | Officer | 40 | $354,288 | $0 | $63,888 | $418,176 |
| Cathy Meyers | CHIEF PEOPLE OFFICER | Officer | 40 | $325,377 | $0 | $89,094 | $414,471 |
| Chris Curry | SVP OPERATIONS AND RISK | Highly paid employee | 40 | $304,837 | $0 | $68,462 | $373,299 |
| Scott Cameron | CHIEF FINANCIAL OFFICER | Officer | 40 | $337,912 | $0 | $34,826 | $372,738 |
| Danielle Frawley | CHIEF GROWTH OFFICER | Officer | 40 | $340,300 | $0 | $17,788 | $358,088 |
| Danielle Milner | CHIEF EXPERIENCE OFFICER | Officer | 40 | $295,863 | $0 | $36,768 | $332,631 |
| Elry Armaza | CHIEF OF STAFF | Officer | 40 | $297,567 | $0 | $3,786 | $301,353 |
| Tom Vargo | AVP CORE OPERATIONS | Highly paid employee | 40 | $194,378 | $0 | $33,899 | $228,277 |
Sources
- IRS e-file return 202523219349316082 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 38-1447620
- Organization website (as filed): www.cfcu.org