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Filing year 2024

FIVE STAR CREDIT UNION

Dothan, Alabama·EIN 58-0960142·501(c)(14)
Total revenue
$80.1M
Total assets
$1.2B
Total expenses
$74.8M
Reported officers
24
Mission

THE CREDIT UNION IS A COOPERATIVE ASSOCIATION WHICH WAS ORGANIZED TO PROMOTE THRIFT AMONG ITS MEMBERS AS WELL AS TO PROVIDE THEM WITH A SOURCE OF CREDIT. FIVE STAR SERVES MEMBERS IN COUNTIES IN THE SOUTHEAST REGION OF ALABAMA AND IN SOUTHEAST AND SOUTHWEST GEORGIA. THE TOTAL NUMBER OF MEMBERS SERVED IS IN EXCESS OF 65,000.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024

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

Vice President/coo
Above 90th percentile
$1.1M
$1.1M
Base
$344k
Bonus
$667k
Other
Benefits
$24k
President/ceo
Above 90th percentile
$963k
$1M
Base
$536k
Bonus
$382k
Other
Benefits
$27k
Vp/cfo
Officer (Unspecified)
$399k
$423k
Base
$223k
Bonus
$137k
Other
Benefits
$23k
Vp/clo
Officer (Unspecified)
$378k
$401k
Base
$224k
Bonus
$116k
Other
Benefits
$24k
Vp/cio
Officer (Unspecified)
$355k
$377k
Base
$214k
Bonus
$105k
Other
Benefits
$23k
Sr Vice President/cmo
Above 90th percentile
$347k
$368k
Base
$49k
Bonus
$291k
Other
Benefits
$4k
Vp-human Resources
Key Employee
75th to 90th percentile
$295k
$313k
Base
$159k
Bonus
$102k
Other
Benefits
$23k
Vp-credit Admin
Key Employee
75th to 90th percentile
$261k
$277k
Base
$157k
Bonus
$91k
Other
Benefits
$677
Vp-marketing/communication
Key Employee
Median to 75th percentile
$229k
$242k
Base
$154k
Bonus
$41k
Other
Benefits
$23k
Mortgage Loan Originator
Highest Compensated Employee
Median to 75th percentile
$228k
$242k
Base
$66k
Bonus
$130k
Other
Benefits
$23k
Director of Programming
Highest Compensated Employee
Median to 75th percentile
$210k
$222k
Base
$148k
Bonus
$47k
Other
Benefits
$9k
Vp-support & Development
Highest Compensated Employee
Median to 75th percentile
$202k
$214k
Base
$122k
Bonus
$49k
Other
Benefits
$23k
Vp-retail Sales/ Services
Officer (Unspecified)
$186k
$197k
Base
$129k
Bonus
$31k
Other
Benefits
$21k
Market President
Highest Compensated Employee
Median to 75th percentile
$183k
$194k
Base
$138k
Bonus
$18k
Other
Benefits
$19k
VP Risk Management
Board Vice President
Median to 75th percentile
$142k
$151k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Up 44%
from 2023

From $733k in 2023 to $1.1M in 2024.

$733k
2023
$1.1M
2024
In today's dollarsEst.
Up 39% in real terms$800k to $1.1M

Estimated with BLS CPI-U for the South 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 44% from 2023 to 2024, while revenue rose 48%.

$733k in 2023 to $1.1M in 2024.
  • Key Employee pay rose 45% from 2023 to 2024.
  • Highest Compensated Employee pay rose 11% 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

FIVE STAR CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$54.1M
$41.9M
2023
$80.1M
$74.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FIVE STAR CREDIT UNION

What does the Chief Executive Officer of FIVE STAR CREDIT UNION earn?

In 2024, the Chief Executive Officer of FIVE STAR CREDIT UNION received $1,052,158 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 FIVE STAR 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 FIVE STAR CREDIT UNION falls in the top 10%.

What are FIVE STAR CREDIT UNION's revenue and expenses?

In 2024, FIVE STAR CREDIT UNION reported $80.1M in total revenue and $74.8M in total expenses on its IRS Form 990.

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