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Filing year 2024

COMMONWEALTH CREDIT UNION

Frankfort, Kentucky·EIN 61-0671028·14
Total revenue
$14.7M
Total assets
$0
Total expenses
$13.1M
Reported officers
20
Mission

THE CREDIT UNION'S VISION IS "GROWTH INSPIRED BY ENGAGEMENT, EMPOWERMENT, AND EXTRAORDINARY SERVICE." COMMONWEALTH PROVIDES ITS MEMBERS WITH A SAFE PLACE TO SAVE AND A SOURCE OF CREDIT IN A NOT-FOR-PROFIT CONTEXT. WE STRIVE TO IMPROVE THE LIVES OF THOSE WE SERVE BY HELPING THEM ACHIEVE THEIR DREAMS THROUGH FINANCIAL HEALTH AND SUCCESS.

Executive compensation, broken down

Form 990 · Schedule J · 9 reported individuals · Filing year 2024

Executive Vice President
executive vice president
$486k
$515k
Base
$296k
Bonus
$94k
Other
Benefits
$11k
Chief Brand & Advocacy Off
highest compensated employee
$349k
$370k
Base
$238k
Bonus
$76k
Other
Benefits
$18k
Chief Innovation & Strateg
highest compensated employee
$342k
$363k
Base
$292k
Bonus
$90k
Other
Benefits
$6k
Chief Member Experience Officer
highest compensated employee
$318k
$337k
Base
$207k
Bonus
$50k
Other
Benefits
$6k
Chief People Officer
highest compensated employee
$279k
$296k
Base
$186k
Bonus
$31k
Other
Benefits
$12k
SVP of Commercial Services
senior vice president
$274k
$291k
Base
$209k
Bonus
$51k
Other
Benefits
$366
Ceo/president/board Member
$145k
$153k
Board of Directors
board member
$86
$91

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.

Down 64%
from 2023

From $1.3M in 2023 to $486k in 2024.

$1.3M
2023
$486k
2024
In today's dollarsEst.
Down 65% in real terms$1.5M to $515k

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.

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
$122.4M
$111.5M
2023
$14.7M
$13.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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