Credit Unions Chartered in the State of Michigan
Midland, MI · EIN 38-1489454 · Rank 8,082 by total revenue
The vision of members first credit union is to create thriving communities and our mission is encouraging a better tomorrow.
Money, Form 990 for tax year 2024
- Total revenue
- $62,164,036
- Total expenses
- $59,767,012
- Total assets
- $850,578,095
- Salary base (all salaries and wages)
- $16,807,251
- Salaries, other pay and benefits
- $21,192,122
- Employees
- 299
- Salary base per employee
- $56,212
"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 |
|---|---|---|---|---|
| Carrie Iafrate | CEO | Officer | 40 | $441,056 |
| Tamara McGovern | CFO | Officer | 40 | $384,152 |
| Marcie Long | CPSO | Officer | 40 | $261,217 |
| Amy Garver | COO | Officer | 40 | $251,403 |
| John Pepmeier | VP FINANCE | Key employee | 40 | $218,860 |
| Nicholas Groulx | VP CHANNEL DELIVERY | Key employee | 40 | $206,697 |
| Kevin Brott | VICE CHAIRPERSON | Board | 4 | None reported |
| Jenni Bush | SECRETARY | Board | 4 | None reported |
| Robert Cooper | CHAIRPERSON | Board | 4 | None reported |
| Renee Deckrow | DIRECTOR | Board | 4 | None reported |
| Joseph Kreusch | DIRECTOR | Board | 4 | None reported |
| Grant Murschel | DIRECTOR | Board | 4 | None reported |
| Erin Strang | DIRECTOR | Board | 4 | None reported |
| David Thompson | TREASURER | Board | 4 | None reported |
Top 10 paid people listed
These 10 people received $2,518,567, which is 15.0% of the $16,807,251 salary base shared by 299 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Carrie Iafrate | CEO | Officer | 40 | $390,152 | $0 | $50,904 | $441,056 |
| Tamara McGovern | CFO | Officer | 40 | $330,544 | $0 | $53,608 | $384,152 |
| Marcie Long | CPSO | Officer | 40 | $221,140 | $0 | $40,077 | $261,217 |
| Amy Garver | COO | Officer | 40 | $221,332 | $0 | $30,071 | $251,403 |
| John Pepmeier | VP FINANCE | Key employee | 40 | $181,946 | $0 | $36,914 | $218,860 |
| Nicholas Groulx | VP CHANNEL DELIVERY | Key employee | 40 | $171,870 | $0 | $34,827 | $206,697 |
| Kelly Kammer | VP RISK MANAGEMENT | Highly paid employee | 40 | $160,266 | $0 | $44,824 | $205,090 |
| Bethany Dutcher | VP MARKETING | Highly paid employee | 40 | $158,849 | $0 | $38,285 | $197,134 |
| Reid Lundeen | VP LENDING | Highly paid employee | 40 | $137,510 | $0 | $41,769 | $179,279 |
| Everett Peterson | VP TECHNOLOGY | Highly paid employee | 40 | $133,242 | $0 | $40,437 | $173,679 |
Sources
- IRS e-file return 202533219349328573 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 38-1489454
- Organization website (as filed): www.mfcu.net