NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

MIDLAND, MI

Total revenue

$117.1M

Total expenses

$110.7M

Net assets

$190.6M

Grants received

EIN

380495567

Tax year

2024

Mission

Dow credit union is a principles-based financial cooperative committed to exceptional service, convenience, value and security operating in accordance with the michigan credit union act.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$74.3M
Investment income$42.8M
Other revenue
Total revenue$117.1M

Expenses

Grants paid
Salaries & benefits$19.3M
Fundraising
Other expenses$91.4M
Total expenses$110.7M
Total assets$2.4B
Net assets$190.6M

People

19 listed

NameRoleCompensation

MICHAEL GOAD

CHIEF EXECUTIVE OFFICER

Board

$734K

40 hrs/wk

MARK GANDY

CHIEF INFORMATION OFFICER

Board

$360K

40 hrs/wk

SANJAY AHLUWALIA

CHIEF FINANCIAL OFFICER

Board

$344K

40 hrs/wk

GARY MCGUIRE

BOARD MEMBER

Board

4 hrs/wk

MIKE KAPP

BOARD MEMBER

Board

4 hrs/wk

JEREMY PRESTON

BOARD MEMBER

Board

4 hrs/wk

LISA BRYANT

BOARD MEMBER

Board

4 hrs/wk

MARK BACHMAN

BOARD MEMBER

Board

4 hrs/wk

PERRY HOLMOM

SECRETARY/TREASURER

Board

4 hrs/wk

SHANDELL MASSEY

BOARD VICE CHAIRMAN

Board

4 hrs/wk

LISA MCKENNEY

BOARD CHAIRMAN

Board

4 hrs/wk

ELTON BROOKS

VP OF RETAIL AND LENDING

Staff

$315K

40 hrs/wk

SHEILA WRIGHT

VP OF HUMAN RESOURCES

Staff

$296K

40 hrs/wk

JEFFREY EHRLICH

DIRECTOR OF LENDING

Staff

$192K

40 hrs/wk

LISA GRAY

DIRECTOR OF SERVICES GOVERNANCE

Staff

$180K

40 hrs/wk

NORMAN M ZUREICH

DIRECTOR OF IT - PART YEAR

Staff

$178K

40 hrs/wk

ALISON TAYLOR

CONTROLLER

Staff

$170K

40 hrs/wk

ROBERT SAMBORN

IT INFRASTRUCTURE MANAGER

Staff

$148K

40 hrs/wk

DENNIS HANSON

FORMER CEO

Staff

$138K

40 hrs/wk

Independent contractors

JACK HENRY & ASSOCIATES INC

CORE OPERATING SYSTEM PROVIDER

$1.8M

AMPLIFI LOYALTY SOLUTIONS

CREDIT CARD REWARDS PROGRAM

$931K

SALESFORCE COM INC

SOFTWARE PROVIDER

$642K

INSIGHT DIRECT USA INC

TECH HARDWARE & SOFTWARE

$490K

DIEBOLD NIXDORF INCORPORATED

ATM MACHINES, SUPPLIES AND REPAIRS

$475K

Details

EIN380495567
Subsection14
Ruling date1956-10
Formed1937
Employees218
Volunteers8
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo