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Filing year 2024

AMERICAN FIRST CREDIT UNION

Brea, California·EIN 33-0358683·501(c)(14)
Total revenue
$54.8M
Total assets
$1B
Total expenses
$52.9M
Reported officers
23
Mission

A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT ANDSAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, AMERICAN FIRST CREDIT UNION CONDUCTSITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITSMEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2024

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

Ceo/president
Above 90th percentile
$1.1M
$1.2M
Base
$953k
Bonus
$75k
Other
$34k
Benefits
$44k
COO
Above 90th percentile
$485k
$519k
Base
$384k
Bonus
$38k
Other
$5k
Benefits
$43k
SVP of Risk Management
Senior Vice President
Median to 75th percentile
$354k
$379k
Base
$293k
Bonus
$38k
Other
$17k
Benefits
$905
Sr VP Commercial Real Esta
Vice President
Above 90th percentile
$340k
$364k
Base
$258k
Bonus
$38k
Other
$1k
Benefits
$42k
CFO
Above 90th percentile
$310k
$332k
Base
$262k
Bonus
$38k
Other
$229
Benefits
Commercial Re Loan Officer
Highest Compensated Employee
75th to 90th percentile
$280k
$300k
Base
$78k
Bonus
$174k
Other
$4k
Benefits
$12k
VP of Consumer Lending
Vice President
Above 90th percentile
$263k
$281k
Base
$215k
Bonus
$3k
Other
$21k
Benefits
$18k
Commercial Re Loan Officer
Highest Compensated Employee
75th to 90th percentile
$238k
$255k
Base
$68k
Bonus
$118k
Other
$4k
Benefits
$40k
Supervisor Delivery & Technology Operations
Highest Compensated Employee
Median to 75th percentile
$191k
$204k
Base
$146k
Bonus
$4k
Other
$10k
Benefits
$23k
VP Delivery & Technology
Board Vice President
Median to 75th percentile
$190k
$203k
Base
$154k
Bonus
$4k
Other
$16k
Benefits
$8k
Director Project Management
Highest Compensated Employee
Median to 75th percentile
$185k
$198k
Base
$148k
Bonus
$6k
Other
$6k
Benefits
$18k
Board Treasurer
10th to 25th percentile
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Up 80%
from 2023

From $623k in 2023 to $1.1M in 2024.

$623k
2023
$1.1M
2024
In today's dollarsEst.
Up 74% in real terms$688k to $1.2M

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, 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 80% from 2023 to 2024, while revenue rose 9%.

$623k in 2023 to $1.1M in 2024.
  • Chief Operating Officer pay rose 39% from 2023 to 2024.
  • Senior Vice President pay rose 34% from 2023 to 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

AMERICAN FIRST CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$50.1M
$47.3M
2023
$54.8M
$52.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about AMERICAN FIRST CREDIT UNION

What does the Chief Executive Officer of AMERICAN FIRST CREDIT UNION earn?

In 2024, the Chief Executive Officer of AMERICAN FIRST CREDIT UNION received $1,121,335 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at AMERICAN FIRST CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at AMERICAN FIRST CREDIT UNION falls in the top 10%.

What are AMERICAN FIRST CREDIT UNION's revenue and expenses?

In 2024, AMERICAN FIRST CREDIT UNION reported $54.8M in total revenue and $52.9M in total expenses on its IRS Form 990.

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