Compensation 990
OrganizationsEmployeesBoard MembersGrantsContractorsTop RankingsPricing

Stay updated on 990 organization compensation

© Civic Register LLC

Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

About•Report a discrepancy•Your privacy choices
Organizations Dow Credit Union

Dow Credit Union

Fiscal year ending 2024. Filed on October 31, 2025.

600 E Lyon Rd
Midland, Michigan 48640

Dow Credit Union (EIN: 38-0495567) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Dow Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 218 total employees. Among the employees shown here, the average compensation is $389,289. The highest compensated employee at Dow Credit Union is Michael Goad with fiscal year 2024 compensation of $1,391,543. Dow Credit Union changed its name from Dow Chemical Employees' Credit Union in 2021.

Revenue, expenses, and employee compensation

Revenue

$117,116,968

Expenses

$110,668,603

Employee compensation

$19,255,669
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Goad
Chief Executive Officer
$1,391,543
$734,463 No related comp$657,080
Mark Gandy
Chief Information Officer
$465,663
$360,291 No related comp$105,372
Sanjay Ahluwalia
Chief Financial Officer
$462,218
$344,350 No related comp$117,868
Elton Brooks
Vice President of Retail and Lending
$416,326
$315,423 No related comp$100,903
Sheila Wright
Vice President, Human Resources
$400,935
$295,848 No related comp$105,087
Jeffrey Ehrlich
Lending Director
$214,520
$191,699 No related comp$22,821
Lisa Gray
Director of Services Governance
$212,448
$180,062 No related comp$32,386
Alison Taylor
Controller
$205,513
$170,307 No related comp$35,206
Norman M Zureich
Director of IT - PART YEAR
$192,872
$178,186 No related comp$14,686
Robert Samborn
IT Infrastructure Manager
$181,866
$147,856 No related comp$34,010
Dennis Hanson
Former Chief Executive Officer
$138,272
$138,272 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Gary McGuire
Board Member
Jeremy Preston
Board Member
Lisa Bryant
Board Member
Lisa McKenney
Board Chair
Mark Bachman
Board Member
Mike Kapp
Board Member
Perry Holmom
Secretary and Treasurer
Shandell Massey
Board Vice Chair

Contractors

Jack Henry & Associates
Core Operating System Provider
$1,846,551
Amplifi Loyalty Solutions LLC
Credit Card Rewards Program
$931,348
Salesforce Com Inc.
Software Provider
$641,604
Insight Direct USA Inc.
Tech Hardware and Software
$490,417
Diebold Nixdorf Incorporated
ATM Machines Supplies and Repairs
$475,473

Mission Statement

DOW CREDIT UNION IS A PRINCIPLES-BASED FINANCIAL COOPERATIVE COMMITTED TO EXCEPTIONAL SERVICE, CONVENIENCE, VALUE AND SECURITY OPERATING IN ACCORDANCE WITH THE MICHIGAN CREDIT UNION ACT.

Revisions to this organization profile

October 31, 2025:
2024 Dow Credit Union 990 filed
September 23, 2024:
2023 Dow Credit Union 990 filed
November 15, 2023:
2022 Dow Credit Union 990 filed

Get an email when new compensation information is released for Dow Credit Union

Be the first to know when new IRS Form 990 data is published for this organization.

Related Jobs

View more jobs
Powered by Talroo
Report a discrepancy →