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Filing year 2024

CREDIT UNION 1

Rantoul, Illinois·EIN 37-0767435·501(c)(14)
Total revenue
$107.3M
Total assets
$1.9B
Total expenses
$103.2M
Reported officers
14
Mission

CREDIT UNION 1 IS A MEMBER-OWNED AND CONTROLLED FINANCIAL INSTITUTION DEDICATED TO PROVIDING CONVENIENT AND COMPETITIVE SERVICES AS A MEANS OF IMPROVING ONGOING ECONOMIC WELL-BEING OF OUR MEMBERS WHILE PROMOTING GROWTH AND MAINTAINING THE CREDIT UNION'S LONG-TERM FINANCIAL STABILITY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024

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

Ceo/president/director
Above 90th percentile
$908k
$976k
Base
$629k
Bonus
$224k
Other
Benefits
$26k
Chief Legal Counsel
Officer (Unspecified)
$502k
$540k
Base
$321k
Bonus
$126k
Other
Benefits
$26k
Chief Lending Officer
Officer (Unspecified)
$499k
$537k
Base
$319k
Bonus
$126k
Other
Benefits
$26k
Evp, Chief Financial Offic
Executive Vice President
75th to 90th percentile
$494k
$532k
Base
$322k
Bonus
$118k
Other
Benefits
$26k
Svp, Chief Technology Offi
Senior Vice President
75th to 90th percentile
$408k
$439k
Base
$250k
Bonus
$106k
Other
Benefits
$26k
Chief Marketing Officer
Officer (Unspecified)
$407k
$438k
Base
$256k
Bonus
$104k
Other
Benefits
$23k
Director - Chair
Board Chair
Median to 75th percentile
$49k
$52k
Director
Board Member
Median to 75th percentile
$26k
$28k
Director
Board Member
Median to 75th percentile
$26k
$28k
Director
Board Member
25th percentile to median
$15k
$16k
Director - Secretary
Officer (Unspecified)
$14k
$16k
Director - Vice Chair
Board Chair
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$14k
$15k

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.

Down 7%
from 2023

From $971k in 2023 to $908k in 2024.

$971k
2023
$908k
2024
In today's dollarsEst.
Down 9% in real terms$1.1M to $976k

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 7% from 2023 to 2024, while revenue rose 9%.

$971k in 2023 to $908k in 2024.
  • Executive Vice President pay rose 19% from 2023 to 2024.
  • Senior Vice President pay rose 23% 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

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

RevenueExpenses
$98.1M
$88.2M
2023
$107.3M
$103.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CREDIT UNION 1

What does the Chief Executive Officer of CREDIT UNION 1 earn?

In 2024, the Chief Executive Officer of CREDIT UNION 1 received $907,650 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CREDIT UNION 1 compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at CREDIT UNION 1 falls in the top 10%.

What are CREDIT UNION 1's revenue and expenses?

In 2024, CREDIT UNION 1 reported $107.3M in total revenue and $103.2M in total expenses on its IRS Form 990.

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