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Filing year 2024

FIRST COMMUNITY CREDIT UNION OF BELOIT

Beloit, Wisconsin·EIN 39-0269470·501(c)(14)
Total revenue
$23.3M
Total assets
$373.3M
Total expenses
$19.3M
Reported officers
19
Mission

FIRST COMMUNITY CREDIT UNION IS A NOT-FOR-PROFIT FINANCIAL COOPERATIVE AND VALUES SERVICE TO OUR LOYAL MEMBERS, COMMUNITY GIVING, LONG-TERM GROWTH, AND FINANCIAL HEALTH.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

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

President & CEO
Above 90th percentile
$534k
$574k
Base
$367k
Bonus
$30k
Other
$62k
Benefits
$27k
VP of Lending
Board Vice President
Median to 75th percentile
$177k
$190k
Base
$152k
Bonus
$15k
Other
$3k
Benefits
$2k
CFO
Median to 75th percentile
$139k
$149k
Director of HR
Highest Compensated Employee
25th percentile to median
$136k
$146k
Avp, Sales and Member Services
Highest Compensated Employee
10th to 25th percentile
$123k
$132k
IT Manager
10th to 25th percentile
$112k
$121k
CFO (thru 3/24)
Median to 75th percentile
$88k
$95k

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 12 unpaid individuals.

Up 18%
from 2023

From $452k in 2023 to $534k in 2024.

$452k
2023
$534k
2024
In today's dollarsEst.
Up 15% in real terms$499k to $574k

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 18% from 2023 to 2024, while revenue rose 38%.

$452k in 2023 to $534k in 2024.
  • Board Vice President pay rose 13% from 2023 to 2024.
  • Chief Financial Officer pay fell 33% 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

FIRST COMMUNITY CREDIT UNION OF BELOIT reported revenue and expenses across 2 filing years.

RevenueExpenses
$16.9M
$13.4M
2023
$23.3M
$19.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FIRST COMMUNITY CREDIT UNION OF BELOIT

What does the Chief Executive Officer of FIRST COMMUNITY CREDIT UNION OF BELOIT earn?

In 2024, the Chief Executive Officer of FIRST COMMUNITY CREDIT UNION OF BELOIT received $533,994 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 FIRST COMMUNITY CREDIT UNION OF BELOIT compare with similar nonprofits?

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

What are FIRST COMMUNITY CREDIT UNION OF BELOIT's revenue and expenses?

In 2024, FIRST COMMUNITY CREDIT UNION OF BELOIT reported $23.3M in total revenue and $19.3M in total expenses on its IRS Form 990.

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