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Filing year 2024

CANVAS CREDIT UNION

Lone Tree, Colorado·EIN 84-6023137·501(c)(14)
Total revenue
$360.6M
Total assets
$4.6B
Total expenses
$336.8M
Reported officers
23
Mission

CANVAS CREDIT UNION WILL STRIVE TO HELP INDIVIDUALS AND FAMILIES MAKE BETTER DECISIONS AND GROW STRONGER FINANCIALLY. WE WILL PROVIDE SIMPLE AND RELEVANT PRODUCTS AND SERVICES AT A CONSISTENTLY HONEST VALUE. WE WILL HELP MEMBERS AFFORD LIFE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 23 reported individuals · Filing year 2024

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

Former CEO
Above 90th percentile
$4.5M
$4.8M
Base
$2.5M
Bonus
$907k
Other
$1.1M
Benefits
$9k
CFO
Above 90th percentile
$2M
$2.1M
Base
$673k
Bonus
$195k
Other
$25k
Benefits
$16k
CEO
Above 90th percentile
$1.5M
$1.6M
Base
$501k
Bonus
$183k
Other
$20k
Benefits
$17k
Svp/cio
Officer (Unspecified)
$1.2M
$1.3M
Base
$396k
Bonus
$173k
Other
$14k
Benefits
$16k
Chief Comm Eng Off
Officer (Unspecified)
$1.2M
$1.3M
Base
$389k
Bonus
$167k
Other
$16k
Benefits
$16k
SVP Mortgage Lending
Senior Vice President
Above 90th percentile
$1M
$1.1M
Base
$242k
Bonus
$746k
Other
$3k
Benefits
$20k
General Counsel
Officer (Unspecified)
$1M
$1.1M
Base
$315k
Bonus
$140k
Other
$16k
Benefits
$20k
Chief Transformation Offic
Officer (Unspecified)
$1M
$1.1M
Base
$324k
Bonus
$140k
Other
$14k
Benefits
$15k
Chief Retail Officer
Officer (Unspecified)
$902k
$968k
Base
$298k
Bonus
$133k
Other
$113k
Benefits
$20k
SVP Ciso
Senior Vice President
75th to 90th percentile
$534k
$574k
Base
$439k
Bonus
$65k
Other
$12k
Benefits
$9k
SVP Consumer Lending
Senior Vice President
75th to 90th percentile
$504k
$541k
Base
$416k
Bonus
$50k
Other
$13k
Benefits
$14k
SVP of Loss Mit & Com Cen
Senior Vice President
75th to 90th percentile
$485k
$520k
Base
$393k
Bonus
$61k
Other
$11k
Benefits
$9k
Mortage Loan Orig I
Highest Compensated Employee
Above 90th percentile
$464k
$498k
Base
Bonus
$440k
Other
$714
Benefits
$11k
Chairman
Board Chair
Median to 75th percentile
$60k
$64k
Vice Chair
Board Vice Chair
75th to 90th percentile
$45k
$48k
Treasurer
Board Treasurer
75th to 90th percentile
$35k
$38k
Director
Board Member
Median to 75th percentile
$35k
$38k
Director
Board Member
Median to 75th percentile
$35k
$38k
Secretary
Board Secretary
75th to 90th percentile
$35k
$38k
Director
Board Member
Median to 75th percentile
$35k
$38k
Director
Board Member
Median to 75th percentile
$35k
$38k
Director
Board Member
Median to 75th percentile
$23k
$25k
Former Director
Board Member
25th percentile to median
$12k
$13k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 64%
from 2023

From $2.7M in 2023 to $4.5M in 2024.

$2.7M
2023
$4.5M
2024
In today's dollarsEst.
Up 60% in real terms$3M to $4.8M

Estimated with Denver-Aurora-Lakewood, CO 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 64% from 2023 to 2024, while revenue rose 17%.

$2.7M in 2023 to $4.5M in 2024.
  • Chief Financial Officer pay rose 72% from 2023 to 2024.
  • Senior Vice President pay fell 10% 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

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

RevenueExpenses
$308M
$276.5M
2023
$360.6M
$336.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CANVAS CREDIT UNION

What does the Chief Executive Officer of CANVAS CREDIT UNION earn?

In 2024, the Chief Executive Officer of CANVAS CREDIT UNION received $4,479,487 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 CANVAS 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 CANVAS CREDIT UNION falls in the top 10%.

What are CANVAS CREDIT UNION's revenue and expenses?

In 2024, CANVAS CREDIT UNION reported $360.6M in total revenue and $336.8M in total expenses on its IRS Form 990.

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