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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 Michigan Educational Credit Union

Michigan Educational Credit Union

Fiscal year ending 2024. Filed on July 7, 2025.

9200 Haggerty Rd
Plymouth, Michigan 48170

Michigan Educational Credit Union (EIN: 38-1305916) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Michigan Educational Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 102 total employees. Among the employees shown here, the average compensation is $438,544. The highest compensated employee at Michigan Educational Credit Union is Robert Sandercock with fiscal year 2024 compensation of $2,049,290.

Revenue, expenses, and employee compensation

Revenue

$39,021,650

Expenses

$35,387,839

Employee compensation

$12,439,504
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert Sandercock
Chief Executive Officer
$2,049,290
$1,954,724 No related comp$94,566
Henry Willson
Executive Vice President
$575,346
$490,485 No related comp$84,861
Jeffrey Cusmano
Vice President
$412,488
$345,319 No related comp$67,169
Kevin Finneran
Chief Financial Officer
$378,737
$304,713 No related comp$74,024
Lisa Kania
Branch Manager
$241,980
$189,237 No related comp$52,743
Andrea Klebba
Executive Assistant
$233,143
$182,396 No related comp$50,747
Emily Fricks
Marketing Supervisor
$206,498
$165,284 No related comp$41,214
Kelly Borowski
Branch Manager
$189,870
$145,950 No related comp$43,920
Kyle Harris
Digital Services Manager
$185,123
$141,344 No related comp$43,779
Nichole Hatch
Branch Manager
$179,870
$135,917 No related comp$43,953
Wendy Marquette
Branch Manager
$171,636
$130,366 No related comp$41,270

Benchmark Employee Compensation

Non-Employee Board Members

Alonzo Glaze
Chair
Amy McQuiston
Director
Dane Dresch
Director
Deborah Elliston
Director
Gregory Baracy
Director
Michelle Randall
Director (Part-Year)
Robin J E Long
Secretary
Scott Szukaitis
Director
Steven Rodriguez
Vice Chair
William Wooster
Treasurer

Contractors

Fiserv
Core Processing System Etc
$2,816,038
Pscu
Credit Card Processing
$752,308
Cooperative Financial Services
Shared Branching ATM Network Debit Cards
$339,359
Cbts Altafiber
Communication and Network Lines
$304,246
Doeren Mayhew & CO PC
Accounting
$184,650

Mission Statement

To provide members with quality, comprehensive and cost effective financial services.

Revisions to this organization profile

July 7, 2025:
2024 Michigan Educational Credit Union 990 filed
April 10, 2024:
2023 Michigan Educational Credit Union 990 filed
April 17, 2023:
2022 Michigan Educational Credit Union 990 filed

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