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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 First Credit Union

Michigan First Credit Union

Fiscal year ending 2018. Filed on October 17, 2019.

27000 Evergreen Road
Lathrup Village, Michigan 48076

Michigan First Credit Union (EIN: 38-0481580) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2018 IRS Form 990 filing, Michigan First Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 10 out of 568 total employees. Among the employees shown here, the average compensation is $300,237. The highest compensated employee at Michigan First Credit Union is Michael Poulos with fiscal year 2018 compensation of $647,575.

Revenue, expenses, and employee compensation

Revenue

$80,303,977

Expenses

$73,305,551

Employee compensation

$31,515,480
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Poulos
President and Chief Executive Officer
$647,575
$614,800 No related comp$32,775
Dan Sugg
Chief Mortgage Officer
$515,929
$488,308 No related comp$27,621
Janet Ososki
Chief Operating Officer
$288,269
$266,275 No related comp$21,994
Gerald Bettens
Chief Information Officer
$269,815
$260,465 No related comp$9,350
Matt West
Mortgage Loan Officer
$264,245
$235,569 No related comp$28,676
Susan Postemski
Chief DATA Analytics Officer
$246,130
$225,910 No related comp$20,220
Theodore Lyons
Mortgage Branch Officer
$231,492
$214,218 No related comp$17,274
Jeffrey Fitrzyk
Chief Lending Officer
$203,520
$177,788 No related comp$25,732
Melissa Espinoza
Chief Financial Officer
$189,888
$182,946 No related comp$6,942
Eric Schornhorst
Chief Financial Officer
$145,504
$143,074 No related comp$2,430

Benchmark Employee Compensation

Non-Employee Board Members

Dandridge Floyd
Director
Deirdre Scott
Vice Chair
Donna Vandervries
Director
Ines de Jesus
Director
Linda Height
Chair
Mike Hohf
Director
Nadine Tibbs-Stallworth
Secretary
Richard Lemoyne
Director
Sheila Anderson
Treasurer

Contractors

Demaria
Construction
$22,427,151
Presidio
Technology
$1,660,858
Marxmoda
Furniture
$1,509,144
Nerds
Technology
$1,366,213
Diebold Inc.
ATM Machines
$1,102,696

Mission Statement

TO BE THE ONLY FINANCIAL INSTITUTION FOR OUR MEMBERS.

Revisions to this organization profile

October 1, 2025:
2024 Michigan First Credit Union 990 filed
October 7, 2024:
2023 Michigan First Credit Union 990 filed
November 2, 2023:
2022 Michigan First Credit Union 990 filed

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