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MICHIGAN FIRST CREDIT UNION

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Public IRS 990 nonprofit record

MICHIGAN FIRST CREDIT UNION

EIN 38-0481580 · Mutual & Membership Benefit (Y)

What they do

to BE THE ONLY FINANCIAL INSTITUTION for OUR MEMBERS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$87.61spent for every $100 of revenueRevenue covered expenses this year.
$12.31in assets for every $1 spent this yearSome assets cannot be spent right away.
2.9%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $793,841 for SUSAN POSTEMSKI (CHIEF DATA ANALYTICS OFFIC). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$136,429,900
Expenses$119,530,646
Annual surplus $16,899,254 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$136,429,900
Expenses$119,530,646
Assets$1,471,891,427
Income$136,551,565
Contributions$4,017,957
Grants given$308,000
Average grant$102,667
Stocks and bonds$159,085,745
Accounting fees$118,102
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
SUSAN POSTEMSKICHIEF DATA ANALYTICS OFFIC · 50 hrs/week $793,841Base $695,412 · Other $98,429
JENNIFER BOROWYCHIEF EXECUTIVE OFFICER · 50 hrs/week $716,216Base $673,330 · Other $42,886
DANIEL SUGGCHIEF MORTGAGE OFFICER · 50 hrs/week $565,252Base $493,512 · Other $71,740
PATRICIA JONESCHIEF HUMAN RESOURCES OFFI · 50 hrs/week $472,868Base $356,647 · Other $116,221
GERALD BETTENSCHIEF INFORMATION OFFICER · 50 hrs/week $443,832Base $360,949 · Other $82,883
JEFF FITRZYKCHIEF LENDING OFFICER · 50 hrs/week $400,619Base $320,991 · Other $79,628
MATTHEW WESTMORTGAGE LOAN OFFICER · 40 hrs/week $398,219Base $365,392 · Other $32,827
JANET BARDENCHIEF FINANCIAL OFFICER · 50 hrs/week $385,508Base $315,527 · Other $69,981
JENNIFER GLENFIELDCHIEF MARKETING OFFICER · 50 hrs/week $377,473Base $324,975 · Other $52,498
DELONAKA EDWARDSCHIEF OPERATIONS OFFICER · 50 hrs/week $304,832Base $286,242 · Other $18,590
DIEGO ARTEAGA ARCILAMORTGAGE LOAN OFFICER · 40 hrs/week $303,959Base $263,344 · Other $40,615
BRIAN MCCOWNAVP, MORTGAGE OPERATIONS · 45 hrs/week $278,162Base $244,543 · Other $33,619

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

SUSAN POSTEMSKICHIEF DATA ANALYTICS OFFIC

JENNIFER BOROWYCHIEF EXECUTIVE OFFICER

DANIEL SUGGCHIEF MORTGAGE OFFICER

PATRICIA JONESCHIEF HUMAN RESOURCES OFFI

GERALD BETTENSCHIEF INFORMATION OFFICER

JEFF FITRZYKCHIEF LENDING OFFICER

MATTHEW WESTMORTGAGE LOAN OFFICER

JANET BARDENCHIEF FINANCIAL OFFICER

JENNIFER GLENFIELDCHIEF MARKETING OFFICER

DELONAKA EDWARDSCHIEF OPERATIONS OFFICER

DIEGO ARTEAGA ARCILAMORTGAGE LOAN OFFICER

BRIAN MCCOWNAVP, MORTGAGE OPERATIONS

LARRY RICESR. DIRECTOR OF IT SERVICE DEL

ANDREW TOWNEMORTGAGE LOAN OFFICER

DONGCHAN VUSR SOFTWARE ENGINEERING MANAGER

CLIFFORD MURRAYAVP, PAYMENT SOLUTIONS

INES DE JESUSDIRECTOR

JALEN JENNINGSDIRECTOR

DONNA VANDERVRIESDIRECTOR

DEIRDRE SCOTTVICE CHAIRPERSON

DAVID TURNERDIRECTOR

LARRY FREEMANDIRECTOR

LINDA HEIGHTCHAIRPERSON

DANDRIDGE FLOYDTREASURER

NADINE TIBBS-STALLWORTHSECRETARY

About this charity

Recognized since
January 1956
Location
27000 EVERGREEN ROAD, LATHRUP VILLAGE, MI 48076
County
Oakland
In care of
JENNIFER BOROWY
Primary officer
JENNIFER BOROWY, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
DOEREN MAYHEW
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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