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Filing year 2024

FIRST CREDIT UNION

Chandler, Arizona·EIN 86-0100904·501(c)(14)
Total revenue
$50.4M
Total assets
$735.1M
Total expenses
$42.7M
Reported officers
18
Mission

NON-PROFIT COOPERATIVE THAT PROVIDES BANKING AND OTHER FINANCIAL SERVICES TO ITS MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 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/board Member
Above 90th percentile
$954k
$992k
Base
$522k
Bonus
$162k
Other
$204k
Benefits
$22k
CFO
Above 90th percentile
$528k
$549k
Base
$268k
Bonus
$50k
Other
$140k
Benefits
$26k
Cxo
Officer (Unspecified)
$482k
$501k
Base
$247k
Bonus
$50k
Other
$113k
Benefits
$23k
Cno
Officer (Unspecified)
$403k
$419k
Base
$275k
Bonus
$50k
Other
$15k
Benefits
$19k
Former EVP (thru 3/31/2023)
Executive Vice President
Median to 75th percentile
$286k
$297k
Base
Bonus
Other
$245k
Benefits
$24k
Vp/it
Key Employee
Median to 75th percentile
$250k
$260k
Base
$178k
Bonus
$20k
Other
$2k
Benefits
$26k
Vp/re Lending
Highest Compensated Employee
Median to 75th percentile
$226k
$235k
Base
$173k
Bonus
$11k
Other
$1k
Benefits
$18k
Vp/finance
Key Employee
Median to 75th percentile
$197k
$205k
Base
$136k
Bonus
$10k
Other
$4k
Benefits
$25k
Vp/compliance & Risk
Highest Compensated Employee
Median to 75th percentile
$185k
$192k
Base
$128k
Bonus
$18k
Other
$9k
Benefits
$9k
Vp/credit Administration
Highest Compensated Employee
Median to 75th percentile
$184k
$191k
Base
$132k
Bonus
$10k
Other
$4k
Benefits
$17k
IT Manager
25th percentile to median
$140k
$146k
Director of Credit Management
Highest Compensated Employee
10th to 25th percentile
$129k
$134k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Phoenix-Mesa-Scottsdale, AZ metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Down 9%
from 2023

From $1M in 2023 to $954k in 2024.

$1M
2023
$954k
2024
In today's dollarsEst.
Down 11% in real terms$1.1M to $992k

Estimated with Phoenix-Mesa-Scottsdale, AZ metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 9% from 2023 to 2024, while revenue rose 28%.

$1M in 2023 to $954k in 2024.
  • Chief Financial Officer pay rose 27% from 2023 to 2024.
  • Executive Vice President pay fell 29% 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 CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$39.3M
$35.3M
2023
$50.4M
$42.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FIRST CREDIT UNION

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

In 2024, the Chief Executive Officer of FIRST CREDIT UNION received $953,941 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 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 FIRST CREDIT UNION falls in the top 10%.

What are FIRST CREDIT UNION's revenue and expenses?

In 2024, FIRST CREDIT UNION reported $50.4M in total revenue and $42.7M in total expenses on its IRS Form 990.

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