Elga Credit Union
Provide financial services and products to members.
Elga Credit Union at a glance
In short: Elga Credit Union gave $644K across 1 grant in 2024 (avg $644K), mostly in Michigan. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $644,126
- +31.4% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $644,126
- +31.4% vs 2023
- Median grant
- $644,126
- Total assets
- $1,552,368,811
- +3.6% vs 2023
- Primary geography
- Michigan (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Elga Credit Union funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was The Elga Credit Union Foundation ($644K).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $490K (2023) to $644K (2024). In 2024 it made 1 grant totaling $644K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Elga Credit Union Foundation Grand Blanc, MI | Endowment campaign to give tax-deductible receipts and write grant matching dollars. There are three pillars to the foundation: philanthropy, education, and business-start ups. | $644,126 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,552,368,811 | $123,097,040 | $95,636,518 | $644,126 | 1 | $8,943,875 |
| 2023 | $1,497,868,277 | $108,697,736 | $81,246,313 | $490,216 | 1 | $5,458,896 |
| 2022 | $1,416,776,548 | $86,734,421 | $58,435,103 | — | — | $4,832,167 |
| 2021 | $1,236,875,968 | $71,459,461 | $48,156,847 | — | — | $1,329,007 |
| 2020 | $1,060,468,798 | $60,859,425 | $44,308,630 | — | — | $1,148,968 |
| 2019 | $794,491,719 | $56,196,393 | $40,870,402 | — | — | $867,845 |
About Elga Credit Union
Based on IRS filings
Elga Credit Union is a public charity, based in Grand Blanc, MI. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.6B in total assets. In 2024, it awarded 1 grant totaling $644K. Net investment income was $8.9M.
Leadership & Key People
Officers and directors from IRS filings
Elga Credit Union is led by Terry Katzur, CEO since 2022 (on filings since 2019); 11 of 20 officers listed in 2024 are compensated.
Officers on the 2024 filing
Terry Katzur
CEO
Executive Vice President → CEO, 2022
On filings since 2019
40 hrs/week
$247K (2019) → $1M (2024)
Harold Mott
Board Chairperson
Board Member → Chairperson, 2021
Chairperson → Board Chairperson, 2023
On filings since 2019
1 hr/week
No compensation reported
Ruthy Quarles
Supervisory Committee Chair
Supervisory Committee Chairperson → Supervisory Committee Chair, 2024
On filings since 2023
1 hr/week
No compensation reported
Amy Zimmer
Director of Mortgage Lending
Director of Mortgage Ops → Director of Mortgage Lending, 2023
On filings since 2022
40 hrs/week
$153K (2022) → $167K (2024)
Bryan Randall
CIO
Chief Information Officer → CIO, 2020
On filings since 2019
40 hrs/week
$151K (2019) → $186K (2024)
Chadd O'Brien
Corporate Counsel
General Counsel → Corporate Counsel, 2023
On filings since 2019
40 hrs/week
$127K (2019) → $188K (2024)
David Brandt
Executive Vice President
Chief Financial Officer → CFO, 2020
CFO → Executive Vice President, 2023
On filings since 2019
40 hrs/week
$159K (2019) → $366K (2024)
Kathleen Smith
Vice President of Branch Experience
Vice President Branch Operations → Vice President of Branch Operations, 2023
Vice President of Branch Operations → Vice President of Branch Experience, 2024
On filings since 2019
40 hrs/week
$153K (2019) → $226K (2024)
Robert Clontz III
Branch Manager
On filings since 2021
40 hrs/week
$143K (2021) → $150K (2024)
Mallory Hazard
Vice President of Consumer Lending
Vice President of Consumer Lending → Vice President of Lending, 2023
Vice President of Lending → Vice President of Consumer Lending, 2024
On filings since 2022
40 hrs/week
$192K (2022) → $188K (2024)
Rebecca Jones
Digital Experience Manager
On filings since 2023
40 hrs/week
$154K (2023) → $149K (2024)
Douglas Champagne
Credit Solutions Manager
New on the 2024 filing
40 hrs/week
$151K (2024)
Zachary Eychaner
Vice President of Digital Experience
New on the 2024 filing
40 hrs/week
$233K (2024)
Diana Currier
Board Treasurer
Board Member → Board Secretary, 2022
Board Secretary → Board Treasurer, 2023
On filings since 2019
1 hr/week
No compensation reported
Joseph Boris
Board Vice Chairperson
Vice Chairperson → Board Vice Chairperson, 2023
On filings since 2019
1 hr/week
No compensation reported
Kevin Keane
Board Member
On filings since 2019
1 hr/week
No compensation reported
Sheveze Anderson
Board Secretary
Board Secretary → Board Member, 2022
Board Member → Board Secretary, 2023
On filings since 2019
1 hr/week
No compensation reported
Roderick Slaughter
Board Member
On filings since 2022
1 hr/week
No compensation reported
Christopher Goetz
Board Member
On filings since 2023
1 hr/week
No compensation reported
Glenn Wilson
Supervisory Committee Member
On filings since 2023
1 hr/week
No compensation reported
Former officers (10)
- Former: Shelley Hufton (2019–2023) — Accounting Manager
- Former: David Hutchins (2019–2022) — Board Member
- Former: Karen Church (2019–2022) — Ceo-Retired
- Former: Matthew Smith (2021–2022) — Treasurer
- Former: Constance Fry (2020–2021) — Board Member
- Former: Kevin Galloway (2021) — Branch Manager
- Former: Sarah Thompson (2019–2020) — Branch Manager
- Former: Steven Pirkovic (2019–2020) — Board Treasurer
- Former: Brain Chaffins (2020) — Network Services
- Former: Brian Chaffins (2019) — Network Services
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $1.0M, to Terry Katzur (CEO). 11 officers or directors reported compensation on that filing.
Frequently asked questions about Elga Credit Union
How much does Elga Credit Union give each year?
Elga Credit Union gave $644K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $490K across 1 grant.
How large is Elga Credit Union?
Elga Credit Union reported $1.6B in total assets on its 2024 IRS Form 990. Its revenue that year was $123.1M.
Where does Elga Credit Union operate?
Elga Credit Union has awarded grants in Michigan.
What is Elga Credit Union's EIN?
Elga Credit Union's EIN (Employer Identification Number) is 38-1441242. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS August 13, 2020)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Elga Credit Union's focus areas in our free grants database
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