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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 Lafcu

Lafcu

Fiscal year ending 2020. Filed on November 4, 2021.

106 N Marketplace Boulevard
Lansing, Michigan 48917

Lafcu (EIN: 38-0893210) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Lafcu, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 8 out of 160 total employees. Among the employees shown here, the average compensation is $190,020. The highest compensated employee at Lafcu is Patrick Spyke with fiscal year 2020 compensation of $453,292.

Revenue, expenses, and employee compensation

Revenue

$44,633,555

Expenses

$37,978,336

Employee compensation

$15,141,321
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Patrick Spyke
Chief Executive Officer
$453,292
$385,309 No related comp$67,983
Tamela McPherson
Chief Financial Officer
$205,863
$178,622 No related comp$27,241
Brian Wixson
Chief Information Officer
$193,348
$151,948 No related comp$41,400
Jason Smith
Chief Lending Officer
$186,865
$145,978 No related comp$40,887
Kelli Etchison
Chief Marketing Officer
$169,060
$134,392 No related comp$34,668
Angela Ruzinsky
Chief Membership Officer
$151,948
$119,043 No related comp$32,905
Kimberly Austin
Director Collections
$137,502
$118,733 No related comp$18,769
James McHale
Chief Financial Officer
$22,281
$20,750 No related comp$1,531

Benchmark Employee Compensation

Non-Employee Board Members

Harold Foster
Board President
Jere Auvenshine
Board Member
Melvin Place
Board Vice President
Paulette Warren
Board Member
Randy Freeman
Board Member
Tom Culpepper
Board Secretary
Tom Martinson
Board Treasurer

Contractors

Cu Cooperative Systems Inc.
Card Processing
$1,818,900
Member Driven Technologies
Core System Processing
$1,554,794
Sentinel Technologies Inc.
Software/Services
$644,099
Smith & Johnson Attorneys PC
Legal/Collection Servicess
$492,075
Informa Business Systems Inc.
Itm Equipment/Services
$330,360

Mission Statement

WHILE PROMOTING THE CREDIT UNION PHILOSOPHY, WE ARE COMMITTED TO PROVIDING FINANCIAL SERVICES FOR THE CHANGING NEEDS OF OUR MEMBERS AND HELPING THEM OBTAIN PERSONAL FINANCIAL SECURITY.

Revisions to this organization profile

November 17, 2025:
2024 Lafcu 990 filed
October 29, 2024:
2023 Lafcu 990 filed
November 9, 2023:
2022 Lafcu 990 filed

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