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Filing year 2024

GORMAN-RUPP & ASSOC CREDIT UNION INC

Mansfield, Ohio·EIN 34-0905753·14
Total revenue
$1.2M
Total assets
$14.7M
Total expenses
$1.1M
Reported officers
6
Mission

The mission of Gorman Rupp and Associates Credit Union, Inc. is to provide loans, savings and other financial services to all members at competitive market rates.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Chief Executive Officer
25th percentile to median
$89k
$96k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Up 3%
from 2023

From $86k in 2023 to $89k in 2024.

$86k
2023
$89k
2024
In today's dollarsEst.
Roughly flat in real terms$95k to $96k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 3% from 2023 to 2024, while revenue rose 17%.

$86k in 2023 to $89k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

GORMAN-RUPP & ASSOC CREDIT UNION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1M
$922k
2023
$1.2M
$1.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about GORMAN-RUPP & ASSOC CREDIT UNION INC

What does the Chief Executive Officer of GORMAN-RUPP & ASSOC CREDIT UNION INC earn?

In 2024, the Chief Executive Officer of GORMAN-RUPP & ASSOC CREDIT UNION INC received $88,877 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GORMAN-RUPP & ASSOC CREDIT UNION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at GORMAN-RUPP & ASSOC CREDIT UNION INC falls between the 25th percentile and the median.

What are GORMAN-RUPP & ASSOC CREDIT UNION INC's revenue and expenses?

In 2024, GORMAN-RUPP & ASSOC CREDIT UNION INC reported $1.2M in total revenue and $1.1M in total expenses on its IRS Form 990.

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