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Filing year 2024

EDUCATION FIRST CREDIT UNION INC

Columbus, Ohio·EIN 31-4379753·501(c)(14)
Total revenue
$10.1M
Total assets
$144.6M
Total expenses
$9.7M
Reported officers
11
Mission

PROVIDE LOW COST LOANS TO SELECT MEMBERSHIP GROUPS, AS WELL AS PROVIDE SAVINGS OPTIONS, FINANCIAL LITERACY AND OTHER FINANCIAL SERVICES AND PRODUCTS WITH A SERVICE BASED EMPHASIS THAT RECOGNIZES MEMBERS AS OWNERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 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
$279k
$300k
Base
$209k
Bonus
$19k
Other
$10k
Benefits
$26k
CFO
75th to 90th percentile
$182k
$196k
Base
$152k
Bonus
$4k
Other
$11k
Benefits
$3k
COO
Median to 75th percentile
$171k
$184k
Base
$149k
Bonus
$4k
Other
$6k
Benefits
$1k

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 8 unpaid individuals.

Up 20%
from 2023

From $233k in 2023 to $279k in 2024.

$233k
2023
$279k
2024
In today's dollarsEst.
Up 16% in real terms$258k to $300k

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 20% from 2023 to 2024, while revenue rose 11%.

$233k in 2023 to $279k in 2024.
  • Chief Financial Officer pay rose 6% from 2023 to 2024.
  • Chief Operating Officer pay rose 9% 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

EDUCATION FIRST CREDIT UNION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$9M
$8.8M
2023
$10.1M
$9.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about EDUCATION FIRST CREDIT UNION INC

What does the Chief Executive Officer of EDUCATION FIRST CREDIT UNION INC earn?

In 2024, the Chief Executive Officer of EDUCATION FIRST CREDIT UNION INC received $278,833 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 EDUCATION FIRST CREDIT UNION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at EDUCATION FIRST CREDIT UNION INC falls between the 75th and 90th percentiles.

What are EDUCATION FIRST CREDIT UNION INC's revenue and expenses?

In 2024, EDUCATION FIRST CREDIT UNION INC reported $10.1M in total revenue and $9.7M in total expenses on its IRS Form 990.

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