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Filing year 2024

EMPLOYEES CREDIT UNION

Estherville, Iowa·EIN 42-0772828·501(c)(14)
Total revenue
$10.8M
Total assets
$174.1M
Total expenses
$8.5M
Reported officers
11
Mission

TO BE OUR MEMBERS OPTIMUM SERVICE CENTER FOR THEIR FINANCIAL NEEDS.

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.

CEO
Above 90th percentile
$390k
$419k
Base
$263k
Bonus
$20k
Other
$35k
Benefits
$26k
Loan Manager
Highest Compensated Employee
25th percentile to median
$138k
$148k
Loan Officer
Highest Compensated Employee
10th to 25th percentile
$123k
$133k

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 10%
from 2023

From $356k in 2023 to $390k in 2024.

$356k
2023
$390k
2024
In today's dollarsEst.
Up 7% in real terms$393k to $419k

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 10% from 2023 to 2024, while revenue rose 20%.

$356k in 2023 to $390k in 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

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

RevenueExpenses
$9M
$7M
2023
$10.8M
$8.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about EMPLOYEES CREDIT UNION

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

In 2024, the Chief Executive Officer of EMPLOYEES CREDIT UNION received $389,803 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 EMPLOYEES CREDIT UNION compare with similar nonprofits?

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

What are EMPLOYEES CREDIT UNION's revenue and expenses?

In 2024, EMPLOYEES CREDIT UNION reported $10.8M in total revenue and $8.5M in total expenses on its IRS Form 990.

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