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Filing year 2024

CORNERSTONE CREDIT UNION

Freeport, Illinois·EIN 36-2217287·NTEE W61 · Public & Societal Benefit·501(c)(14)
Total revenue
$9.4M
Total assets
$163.6M
Total expenses
$8.7M
Reported officers
13
Mission

CORNERSTONE CREDIT UNION IS A COMMUNITY-FOCUSED FINANCIAL COOPERATIVE COMMITTED TO PROVIDING QUALITY, DIFFERENTIATED SERVICES TO ITS MEMBER-OWNERS. OUR PROFESSIONAL STAFF AND VOLUNTEERS WILL ENSURE FISCAL STABILITY THROUGH RESPONSIBLE LEADERSHIP AND GROWTH.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

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

President
Median to 75th percentilevs Public & Societal Benefit peers in Illinois
$187k
$201k
Base
$165k
Bonus
$5k
Other
$6k
Benefits
$4k
VP of Operations
Vice President
Median to 75th percentile
$160k
$172k
Base
$141k
Bonus
$4k
Other
$4k
Benefits
$5k
VP of Finance
Vice President
Median to 75th percentile
$149k
$160k
VP of Lending
Vice President
Median to 75th percentile
$139k
$150k

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.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at CORNERSTONE CREDIT UNION equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
2%
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.

Held steady
from 2023

From $188k in 2023 to $187k in 2024.

$188k
2023
$187k
2024
In today's dollarsEst.
Down 3% in real terms$208k to $201k

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 fell 1% from 2023 to 2024, while revenue rose 19%.

$188k in 2023 to $187k in 2024.
  • 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 CORNERSTONE CREDIT UNION

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

In 2024, the Chief Executive Officer of CORNERSTONE CREDIT UNION received $187,303 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Public & Societal Benefit organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CORNERSTONE CREDIT UNION compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations in Illinois, the 2024 pay of the Chief Executive Officer at CORNERSTONE CREDIT UNION falls between the median and the 75th percentile. In 2024, the highest total compensation at CORNERSTONE CREDIT UNION equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are CORNERSTONE CREDIT UNION's revenue and expenses?

In 2024, CORNERSTONE CREDIT UNION reported $9.4M in total revenue and $8.7M in total expenses on its IRS Form 990.

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