TO PROVIDE A COMMUNITY WITH FINANCIAL SOLUTIONS AND OPTIMAL SERVICE THAT SURPASSES EXPECTATIONS WHILE GIVING BACK TO THE COMMUNITIES IN WHICH WE SERVE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $328k
- Bonus
- $61k
- Other
- —
- Benefits
- $17k
- Base
- $188k
- Bonus
- $18k
- Other
- —
- Benefits
- $15k
- Base
- $152k
- Bonus
- $14k
- Other
- —
- Benefits
- $22k
- Base
- $145k
- Bonus
- $14k
- Other
- —
- Benefits
- $15k
- Base
- $151k
- Bonus
- $14k
- Other
- —
- Benefits
- $1k
- Base
- $152k
- Bonus
- $1k
- Other
- —
- Benefits
- $187
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $328k | $61k | — | $17k | $416k |
COO 75th to 90th percentile | $188k | $18k | — | $15k | $228k |
CMO Highest Compensated Employee Median to 75th percentile | $152k | $14k | — | $22k | $196k |
Cao Highest Compensated Employee Median to 75th percentile | $145k | $14k | — | $15k | $180k |
CTO Highest Compensated Employee Median to 75th percentile | $151k | $14k | — | $1k | $173k |
CFO Median to 75th percentile | $152k | $1k | — | $187 | $160k |
VP of Lending Board Vice President Median to 75th percentile | — | — | — | — | $146k |
VP of Commercial Services Board Vice President Median to 75th percentile | — | — | — | — | $129k |
Board of Director Board Member 25th percentile to median | — | — | — | — | $8k |
Board Chair 25th percentile to median | — | — | — | — | $6k |
Supervisory Committee Board Member 25th percentile to median | — | — | — | — | $6k |
Board of Director Board Member 25th percentile to median | — | — | — | — | $6k |
Board Treasurer Median to 75th percentile | — | — | — | — | $6k |
Supervisory Committee Chair Board Chair 10th to 25th percentile | — | — | — | — | $5k |
Board of Director Board Member 10th to 25th percentile | — | — | — | — | $4k |
Board of Director Board Member 10th to 25th percentile | — | — | — | — | $4k |
Supervisory Committee Board Member 10th to 25th percentile | — | — | — | — | $3k |
Board of Director Board Member Below 10th percentile | — | — | — | — | $634 |
Plus 2 unpaid individuals.
Common questions about ESSENTIAL CREDIT UNION
What does the Chief Executive Officer of ESSENTIAL CREDIT UNION earn?
In 2023, the Chief Executive Officer of ESSENTIAL CREDIT UNION received $416,471 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 ESSENTIAL CREDIT UNION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at ESSENTIAL CREDIT UNION falls in the top 10%.
What are ESSENTIAL CREDIT UNION's revenue and expenses?
In 2023, ESSENTIAL CREDIT UNION reported $25.1M in total revenue and $24.3M in total expenses on its IRS Form 990.
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