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Filing year 2024

COMMONWEALTH CREDIT UNION

Bourbonnais, Illinois·EIN 36-2424927·501(c)(14)
Total revenue
$5.9M
Total assets
$118.3M
Total expenses
$4.6M
Reported officers
8
Mission

COMMONWEALTH CREDIT UNION, BUILDING LIFELONG RELATIONSHIPS ONE MEMBER AT A TIME.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

President/ce
75th to 90th percentile
$192k
$207k
Base
$192k
Bonus
Other
Benefits
VP of Lendin
Board Vice President
Median to 75th percentile
$156k
$168k
Base
$156k
Bonus
Other
Benefits

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 6 unpaid individuals.

Up 29%
from 2023

From $149k in 2023 to $192k in 2024.

$149k
2023
$192k
2024
In today's dollarsEst.
Up 25% in real terms$165k to $207k

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 30% from 2023 to 2024, while revenue rose 14%.

$148k in 2023 to $192k in 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

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

RevenueExpenses
$5.1M
$4.1M
2023
$5.9M
$4.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about COMMONWEALTH CREDIT UNION

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

In 2024, the Chief Executive Officer of COMMONWEALTH CREDIT UNION received $192,441 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at COMMONWEALTH 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 COMMONWEALTH CREDIT UNION falls between the 75th and 90th percentiles.

What are COMMONWEALTH CREDIT UNION's revenue and expenses?

In 2024, COMMONWEALTH CREDIT UNION reported $5.9M in total revenue and $4.6M in total expenses on its IRS Form 990.

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