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Filing year 2024

FIRST NORTHERN CREDIT UNION

Chicago, Illinois·EIN 36-2009178·14
Total revenue
$20.2M
Total assets
$336.4M
Total expenses
$16.7M
Reported officers
29
Mission

CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES.

Executive compensation, broken down

Form 990 · Schedule J · 13 reported individuals · Filing year 2024

$473k
$507k
Base
$380k
Bonus
$63k
Other
Benefits
Senior Vice President
senior vice president
$289k
$309k
Base
$236k
Bonus
$36k
Other
Benefits
Vice President
vice president
$197k
$211k
Base
$136k
Bonus
$39k
Other
Benefits
Vice President
vice president
$181k
$194k
Base
$141k
Bonus
$20k
Other
Benefits
Mortgage Sales Manager
highest compensated employee
$177k
$189k
Base
$118k
Bonus
$53k
Other
Benefits
Vice President
vice president
$172k
$184k
Base
$148k
Bonus
$17k
Other
Benefits
Director of I.t.
highest compensated employee
$155k
$166k
Base
$126k
Bonus
$18k
Other
Benefits
Director of Payment System
highest compensated employee
$145k
$155k
Mortgage Loan Officer
highest compensated employee
$136k
$146k
Director of Human Resources
highest compensated employee
$126k
$135k
Sr. Mortgage Underwriter
highest compensated employee
$124k
$133k
Manager
highest compensated employee
$116k
$124k
Sales Integration Manager
highest compensated employee
$111k
$119k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Held steady
from 2023

From $473k in 2023 to $473k in 2024.

$473k
2023
$473k
2024
In today's dollarsEst.
Down 3% in real terms$524k to $507k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FIRST NORTHERN CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$15.7M
$14.8M
2023
$20.2M
$16.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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