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Filing year 2024

BAYPORT CREDIT UNION

Newport News, Virginia·EIN 54-0314180·501(c)(14)
Total revenue
$185.9M
Total assets
$2.4B
Total expenses
$169.7M
Reported officers
21
Mission

TO PROVIDE AFFORDABLE FINANCIAL SERVICES TO ITS MEMBERS INCLUDING LOAN RELATIONSHIPS DEPOSITORY SERVICES CREDIT CARDS AND INTERNET BANKING AT CONVENIENT LOCATIONS BY PROFESSIONALS WHO PROVIDE EXCELLENT SERVICE

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

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

President/ceo
Board President
Above 90th percentile
$591k
$626k
Base
$497k
Bonus
$69k
Other
$24k
Benefits
Exec Vp/cfo
Unclassified
$352k
$373k
Base
$267k
Bonus
$14k
Other
$71k
Benefits
Exec Vp/coo
Unclassified
$341k
$362k
Base
$265k
Bonus
$14k
Other
$62k
Benefits
Executive VP
Executive Vice President
Median to 75th percentile
$299k
$317k
Base
$198k
Bonus
Other
$101k
Benefits
Investment Advisor
Unclassified
$270k
$286k
Base
$45k
Bonus
$225k
Other
Benefits
Chief Info Officer
Unclassified
$251k
$266k
Base
$236k
Bonus
$14k
Other
$842
Benefits
Chief Exp Officer
Unclassified
$248k
$263k
Base
$234k
Bonus
$14k
Other
Benefits
Chief Retail Off
Unclassified
$245k
$260k
Base
$232k
Bonus
$11k
Other
$1k
Benefits
VP Marketing
Board Vice President
75th to 90th percentile
$220k
$234k
Base
$209k
Bonus
$11k
Other
Benefits
VP Business Bankin
Board Vice President
75th to 90th percentile
$217k
$230k
Base
$205k
Bonus
$11k
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

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

Plus 11 unpaid individuals.

Up 3%
from 2023

From $575k in 2023 to $591k in 2024.

$575k
2023
$591k
2024
In today's dollarsEst.
Roughly flat in real terms$628k to $626k

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

Pay for the position

Board President pay rose 3% from 2023 to 2024, while revenue rose 22%.

$575k in 2023 to $591k in 2024.
  • Executive Vice President pay fell 24% from 2023 to 2024.
  • Board Vice President pay rose 4% 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

BAYPORT CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$152.8M
$127.4M
2023
$185.9M
$169.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BAYPORT CREDIT UNION

What does the Board President of BAYPORT CREDIT UNION earn?

In 2024, the Board President of BAYPORT CREDIT UNION received $590,567 in total compensation. This pay is in the top 10% for Board President roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at BAYPORT CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board President at BAYPORT CREDIT UNION falls in the top 10%.

What are BAYPORT CREDIT UNION's revenue and expenses?

In 2024, BAYPORT CREDIT UNION reported $185.9M in total revenue and $169.7M in total expenses on its IRS Form 990.

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