Preferred Credit Union

Fiscal year ending 2024. Filed on April 3, 2025.

3767 Sparks Drive SE
Grand Rapids, Michigan 49546

Preferred Credit Union (EIN: 38-1878763) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Preferred Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 7 out of 90 total employees. Among the employees shown here, the average compensation is $180,565. The highest compensated employee at Preferred Credit Union is John Yeomans with fiscal year 2024 compensation of $338,243.

Revenue, expenses, and employee compensation

Revenue

$18,475,658

Expenses

$15,678,436

Employee compensation

$5,933,400
Revenue, expenses, and employee compensation over time

Contractors

Mission Statement

PROVIDE FINANCIAL SERVICES AND PRODUCTS TO MEMBERS.

Other organizations also named Preferred Credit Union

Revisions to this organization profile

April 3, 2025:
2024 Preferred Credit Union 990 filed
April 23, 2024:
2023 Preferred Credit Union 990 filed
May 11, 2023:
2022 Preferred Credit Union 990 filed

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