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Filing year 2024

Centra Credit Union

Columbus, Indiana·EIN 35-0885381·NTEE W61 · Public & Societal Benefit·501(c)(14)
Total revenue
$144.5M
Total assets
$2.1B
Total expenses
$136M
Reported officers
24
Mission

STATE CHARTERED AND FEDERALLY INSURED CREDIT UNION WHICH GRANTS CONSUMER LOANS INCLUDING CREDIT CARDS AND OPEN-END CREDIT, MORTGAGE LOANS AND BUSINESS LOANS TO ITS MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 24 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

President & CEO
Above 90th percentile
$849k
$913k
Base
$620k
Bonus
$193k
Other
Benefits
$26k
Chief Financial Officer
Above 90th percentile
$422k
$454k
Base
$327k
Bonus
$75k
Other
Benefits
$10k
Chief Growth Officer
Officer (Unspecified)
$343k
$369k
Base
$256k
Bonus
$60k
Other
Benefits
$18k
Chief Experience Officer
Officer (Unspecified)
$318k
$342k
Base
$244k
Bonus
$44k
Other
Benefits
$23k
SVP Mortgage Loan Delivery
Senior Vice President
25th percentile to median
$244k
$263k
Base
$192k
Bonus
$29k
Other
Benefits
$17k
SVP Technology
Senior Vice President
25th percentile to median
$231k
$249k
Base
$181k
Bonus
$28k
Other
Benefits
$19k
SVP Business Services
Senior Vice President
25th percentile to median
$230k
$248k
Base
$181k
Bonus
$27k
Other
Benefits
$17k
SVP Team Member Experience
Senior Vice President
25th percentile to median
$217k
$233k
Base
$174k
Bonus
$26k
Other
Benefits
$10k
SVP Finance
Senior Vice President
25th percentile to median
$206k
$222k
Base
$168k
Bonus
$25k
Other
Benefits
$8k
Chief Development Officer
75th to 90th percentile
$206k
$222k
Base
$66k
Bonus
$59k
Other
$72k
Benefits
$8k
Chief Information Officer
10th to 25th percentile
$147k
$158k
Board Chair
25th percentile to median
$14k
$15k
Secretary/treasurer
Board Treasurer
75th to 90th percentile
$13k
$14k
Supervisory Chair
Board Chair
25th percentile to median
$12k
$13k
Board Vice President
Board President
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$11k
$12k
Director
Board Member
25th percentile to median
$11k
$12k
Director
Board Member
25th percentile to median
$11k
$12k
Director
Board Member
25th percentile to median
$11k
$12k
Director
Board Member
25th percentile to median
$7k
$8k
Supervisory Committee Member
Board Member
10th to 25th percentile
$4k
$4k
Supervisory Committee Member
Board Member
10th to 25th percentile
$4k
$4k
Supervisory Committee Member
Board Member
10th to 25th percentile
$3k
$3k

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.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Centra Credit Union equaled 0.6% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
0.6%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 16%
from 2023

From $735k in 2023 to $849k in 2024.

$735k
2023
$849k
2024
In today's dollarsEst.
Up 13% in real terms$812k to $913k

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 16% from 2023 to 2024, while revenue rose 15%.

$735k in 2023 to $849k in 2024.
  • Chief Financial Officer pay rose 14% from 2023 to 2024.
  • Senior Vice President pay rose 6% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Centra Credit Union

What does the Chief Executive Officer of Centra Credit Union earn?

In 2024, the Chief Executive Officer of Centra Credit Union received $849,188 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Centra Credit Union compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at Centra Credit Union falls in the top 10%. In 2024, the highest total compensation at Centra Credit Union equaled 0.6% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are Centra Credit Union's revenue and expenses?

In 2024, Centra Credit Union reported $144.5M in total revenue and $136M in total expenses on its IRS Form 990.

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