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Filing year 2024

FINANCIAL PLUS CREDIT UNION

Ottawa, Illinois·EIN 36-2282191·NTEE W61 · Public & Societal Benefit·501(c)(14)
Total revenue
$31M
Total assets
$528.1M
Total expenses
$25.3M
Reported officers
17
Mission

EXCEPTIONAL SERVICE TO MEMBERS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

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

President & CEO
75th to 90th percentilevs Public & Societal Benefit peers in Illinois
$346k
$372k
Base
$244k
Bonus
$72k
Other
$6k
Benefits
$24k
Executive VP & COO
Median to 75th percentilevs Public & Societal Benefit peers in Illinois
$204k
$220k
Base
$142k
Bonus
$39k
Other
Benefits
$23k
VP - CIO
Chief Information Officer
25th percentile to median
$184k
$198k
Base
$132k
Bonus
$37k
Other
Benefits
$15k
VP - CFO
Median to 75th percentile
$177k
$190k
Base
$125k
Bonus
$36k
Other
Benefits
$16k
VP - CMO
Vice President
Median to 75th percentile
$142k
$153k
AVP of Lending
Highest Compensated Employee
25th percentile to median
$132k
$142k
Retired Director of Human Resource
Former Officer/director/trustee
25th percentile to median
$127k
$136k
Base
$89k
Bonus
$31k
Other
Benefits
$7k
VP - Clo
Vice President
Median to 75th percentile
$97k
$104k

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 FINANCIAL PLUS CREDIT UNION equaled 1% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
1%
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.

Up 7%
from 2023

From $324k in 2023 to $346k in 2024.

$324k
2023
$346k
2024
In today's dollarsEst.
Up 4% in real terms$357k to $372k

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 7% from 2023 to 2024, while revenue rose 26%.

$324k in 2023 to $346k in 2024.
  • Chief Information Officer pay rose 11% from 2023 to 2024.
  • Chief Financial Officer pay rose 24% 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 FINANCIAL PLUS CREDIT UNION

What does the Chief Executive Officer of FINANCIAL PLUS CREDIT UNION earn?

In 2024, the Chief Executive Officer of FINANCIAL PLUS CREDIT UNION received $345,865 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Public & Societal Benefit organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FINANCIAL PLUS 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 FINANCIAL PLUS CREDIT UNION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at FINANCIAL PLUS CREDIT UNION equaled 1% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are FINANCIAL PLUS CREDIT UNION's revenue and expenses?

In 2024, FINANCIAL PLUS CREDIT UNION reported $31M in total revenue and $25.3M in total expenses on its IRS Form 990.

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