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Filing year 2024

COMMUNITY 1ST CREDIT UNION

Ottumwa, Iowa·EIN 42-0686459·14
Total revenue
$68.6M
Total assets
$1B
Total expenses
$59.8M
Reported officers
19
Mission

STATE CHARTERED CREDIT UNION

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

$626k
$674k
Base
$455k
Bonus
$172k
Other
Benefits
Base
$252k
Bonus
$72k
Other
Benefits
Base
$232k
Bonus
$66k
Other
Benefits
VP Operation
vice president
$261k
$280k
Base
$197k
Bonus
$64k
Other
Benefits
VP Strategic
vice president
$232k
$250k
Base
$180k
Bonus
$52k
Other
Benefits
VP of Retail
vice president
$198k
$213k
Base
$174k
Bonus
$24k
Other
Benefits
VP of IT
vice president
$182k
$196k
Base
$157k
Bonus
$25k
Other
Benefits
Assistant VP
vice president
$181k
$195k
Base
$149k
Bonus
$32k
Other
Benefits
Comm/ag Busi
highest compensated employee
$177k
$191k
Base
$166k
Bonus
$11k
Other
Benefits
VP Human Res
vice president
$170k
$183k
Base
$148k
Bonus
$22k
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 9 unpaid individuals.

Down 12%
from 2023

From $714k in 2023 to $626k in 2024.

$714k
2023
$626k
2024
In today's dollarsEst.
Down 15% in real terms$789k to $674k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

COMMUNITY 1ST CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$59.6M
$48.3M
2023
$68.6M
$59.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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