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Organizations Elga Credit Union

Elga Credit Union

Fiscal year ending 2022. Filed on October 12, 2023.

6065 Grand Pointe Blvd
Grand Blanc, Michigan 48439

Elga Credit Union (EIN: 38-1441242) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2022 IRS Form 990 filing, Elga Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 9 out of 305 total employees. Among the employees shown here, the average compensation is $297,109. The highest compensated employee at Elga Credit Union is Terry Katzur with fiscal year 2022 compensation of $812,953.

Revenue, expenses, and employee compensation

Revenue

$86,734,421

Expenses

$58,435,103

Employee compensation

$22,818,814
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Terry Katzur
Chief Executive Officer
$812,953
$776,587 No related comp$36,366
David Brandt
Chief Financial Officer
$346,088
$304,358 No related comp$41,730
Karen Church
Ceo-Retired 2/22
$261,933
$245,966 No related comp$15,967
Kathleen Smith
Vice President, Branch Operations
$250,280
$216,547 No related comp$33,733
Mallory Hazard
Vice President of Consumer Lending
$226,753
$191,843 No related comp$34,910
Bryan Randall
Chief Information Officer
$213,149
$189,714 No related comp$23,435
Robert Clontz III
Branch Manager
$197,032
$164,960 No related comp$32,072
Chadd Obrien
General Counsel
$190,753
$169,462 No related comp$21,291
Amy Zimmer
Director of Mortgage OPS
$175,043
$152,575 No related comp$22,468

Benchmark Employee Compensation

Non-Employee Board Members

David Hutchins
Board Member
Diana Currier
Board Secretary
Harold Mott
Chair
Joseph Boris
Vice Chair
Matthew Smith
Treasurer
Roderick Slaughter
Board Member
Sheveze Anderson
Board Member

Contractors

Sorensen Gross Company
Construction
$4,117,926
Kasasa Ltd.
Product Support
$914,110
Jack Henry Associates Inc.
Financial
$674,878
Cdw Direct LLC
Information Security
$521,614
Doxim Inc.
Technology
$503,483

Mission Statement

PROVIDE FINANCIAL SERVICES AND PRODUCTS TO MEMBERS.

Revisions to this organization profile

November 17, 2025:
2024 Elga Credit Union 990 filed
November 13, 2024:
2023 Elga Credit Union 990 filed
October 12, 2023:
2022 Elga Credit Union 990 filed

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Elga Credit Union Foundation for Impact
Grand Blanc, Michigan