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Organizations Lake Huron Credit Union

Lake Huron Credit Union

Fiscal year ending 2024. Filed on August 12, 2025.

1540 Tittabawassee
Saginaw, Michigan 48604

Lake Huron Credit Union (EIN: 38-1623775) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Lake Huron Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 3 out of 43 total employees. Among the employees shown here, the average compensation is $199,308. The highest compensated employee at Lake Huron Credit Union is Beverly Lee with fiscal year 2024 compensation of $323,361. Lake Huron Credit Union changed its name from Credit Unions Chartered in the State of Michigan in 2017.

Revenue, expenses, and employee compensation

Revenue

$6,093,492

Expenses

$6,019,653

Employee compensation

$2,244,796
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Beverly Lee
Chief Executive Officer
$323,361
$268,969 No related comp$54,392
Elizabeth Marx
Vice President
$147,273
$133,167 No related comp$14,106
Martin Lee
Controller
$127,289
$105,475 No related comp$21,814

Benchmark Employee Compensation

Non-Employee Board Members

Anthony Hatch
Director
Donald Coon
Secretary
Jay Peplinski
Director
Jerry Schrank
Treasurer
Raymond Hummel
Director
Scott Weiss
Director
Steve Willett
Chair

Contractors

Cuanswers
Data Processing
$311,123

Mission Statement

TO PROVIDE FINANCIAL SERVICES TO MEMBER OWNERS WITH A COMMON BOND.

Revisions to this organization profile

August 12, 2025:
2024 Lake Huron Credit Union 990 filed
October 2, 2024:
2023 Lake Huron Credit Union 990 filed
November 16, 2023:
2022 Lake Huron Credit Union 990 filed

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