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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.

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Organizations Honor Credit Union

Honor Credit Union

Fiscal year ending 2022. Filed on November 15, 2023.

8385 Edgewood Drive
Berrien Springs, Michigan 49103

Honor Credit Union (EIN: 38-1231023) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Honor Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 513 total employees. Among the employees shown here, the average compensation is $381,545. The highest compensated employee at Honor Credit Union is Scott McFarland with fiscal year 2022 compensation of $709,565.

Revenue, expenses, and employee compensation

Revenue

$90,533,570

Expenses

$71,155,529

Employee compensation

$32,321,427
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Scott McFarland
Chief Executive Officer
$709,565
$656,695 No related comp$52,870
Matthew Nordberg
Mortgage Loan Officer
$534,703
$494,079 No related comp$40,624
Ronald Lauren
President of Honor Holdings - PART YEAR
$532,784
$162,498 No related comp$370,286
Austin Weber
SR Commercial LOAN Officer
$411,234
$375,265 No related comp$35,969
Amanda Craig
Chief Experience Officer - PART YEAR
$392,745
$332,019 No related comp$60,726
Nita Rich
Mortgage Loan Officer
$332,853
$295,176 No related comp$37,677
Kent Figy
Chief Lending Officer
$290,757
$251,873 No related comp$38,884
Megan Hendrix
Chief Operating Officer
$288,507
$249,340 No related comp$39,167
Katherine Berry
Chief People Officer
$277,219
$249,267 No related comp$27,952
Tony Mandarino
Vice President of Business Services
$226,691
$205,394 No related comp$21,297
Heather Luciani
Chief Strategy Officer
$199,940
$196,604 No related comp$3,336

Benchmark Employee Compensation

Non-Employee Board Members

Brian Brown
Chair
Carrie Muessig
Associate Director
Greg Vaughn
Director
Larry Olson
Board Member Emeritus
Mimi Elwell
Vice Chair
Paige Eagon
Associate Director
Randy O'Neil
Director
Richard Atwell
Secretary
Ron Griesinger
Treasurer
Stephen Smith
Director

Contractors

Innovative Card Services
Prepaid Card
$6,219,800
Cu Answers
Programming Technical/Client Support
$1,789,779
Worldpay Holding LLC
Electronic Payment Processing
$1,206,361
Cressy Commercial Real Estate
Real Estate
$900,131
Cdw Direct LLC
IT Solutions
$732,505

Mission Statement

TO PROVIDE FINANCIAL SERVICES TO RESIDENTS OF THE STATE OF MICHIGAN.

Revisions to this organization profile

September 22, 2025:
2024 Honor Credit Union 990 filed
November 6, 2024:
2023 Honor Credit Union 990 filed
November 15, 2023:
2022 Honor Credit Union 990 filed

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