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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 2021. Filed on October 5, 2022.

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 2021 IRS Form 990 filing, Michigan First Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 632 total employees. Among the employees shown here, the average compensation is $446,380. The highest compensated employee at Michigan First Credit Union is Michael Poulos with fiscal year 2021 compensation of $1,035,718.

Revenue, expenses, and employee compensation

Revenue

$103,646,862

Expenses

$80,887,338

Employee compensation

$42,533,642
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Poulos
President and Chief Executive Officer
$1,035,718
$997,318 No related comp$38,400
Matthew West
Mortgage Loan Officer
$719,914
$688,737 No related comp$31,177
Diego Arteaga Arcila
Mortgage Loan Officer
$574,796
$543,524 No related comp$31,272
Daniel Sugg
Chief Mortgage Officer
$490,724
$463,517 No related comp$27,207
Anthony Selhost
Mortgage Loan Officer
$403,982
$366,540 No related comp$37,442
Michael Bennett
Mortgage Loan Officer
$340,907
$317,103 No related comp$23,804
Gerald Bettens
Chief Information Officer
$306,524
$296,716 No related comp$9,808
Jennifer Borowy
Chief Operating Officer
$287,341
$264,366 No related comp$22,975
Jeffrey Fitrzyk
Chief Lending Officer
$274,507
$243,705 No related comp$30,802
Janet Barden
Chief Financial Officer
$245,701
$226,515 No related comp$19,186
Larry Rice
Director of IT Service DEL
$230,066
$201,218 No related comp$28,848

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

TRACE3
Phone and Netowrk Support and Licensing
$3,097,537
Etkin
Bldg Maintenance/Property Management
$1,999,601
Diebold Nixdorf Inc.
ATM Machines
$1,832,588
Alimar Security Inc.
Security Guards at Branches
$1,125,586
Olympia Entertainment
Marketing Sponsorhips
$1,095,836

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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