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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 2022. Filed on November 2, 2023.

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 2022 IRS Form 990 filing, Michigan First Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 12 out of 630 total employees. Among the employees shown here, the average compensation is $370,796. The highest compensated employee at Michigan First Credit Union is Michael Poulos with fiscal year 2022 compensation of $844,407.

Revenue, expenses, and employee compensation

Revenue

$108,549,762

Expenses

$92,866,847

Employee compensation

$43,604,071
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Poulos
Chief Executive Officer
$844,407
$810,069 No related comp$34,338
Matthew West
Mortgage Loan Officer
$602,196
$567,700 No related comp$34,496
Daniel Sugg
Chief Mortgage Officer
$509,613
$484,402 No related comp$25,211
Jennifer Borowy
Chief Executive Officer
$365,479
$337,176 No related comp$28,303
Gerald Bettens
Chief Information Officer
$332,618
$321,683 No related comp$10,935
Jeffrey Fitrzyk
Chief Lending Officer
$321,616
$287,299 No related comp$34,317
Diego Arteaga Arcila
Mortgage Loan Officer
$289,951
$259,098 No related comp$30,853
Janet Barden
Chief Financial Officer
$282,726
$262,358 No related comp$20,368
Andrew Towne
Mortgage Branch Manager
$256,213
$224,646 No related comp$31,567
Larry Rice
Director of IT Service Delivery
$253,003
$221,717 No related comp$31,286
Dongchan Vu
Software Engineering Manager
$199,912
$177,687 No related comp$22,225
Delonaka Edwards
Chief Operating Officer
$191,814
$182,783 No related comp$9,031

Benchmark Employee Compensation

Non-Employee Board Members

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

Contractors

Etkin
Bldg Maintenance/Property Management
$2,211,586
Alimar Security Inc.
Security Guards at Branches
$1,743,016
Ronnisch Construction Group
Construction
$1,445,377
Diebold Nixdorf Inc.
ATM Machines
$1,200,121
TRACE3
Phone and Netowrk Support and Licensing
$1,111,034

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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