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Filing year 2024

Florida Credit Union

Gainesville, Florida·EIN 59-0773154·501(c)(14)
Total revenue
$169.4M
Total assets
$2.3B
Total expenses
$134.2M
Reported officers
22
Mission

Income from credit union membership and from investement of member funds provide the foundation from which the organization can function and provide service to its restricted membership.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 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
$1.8M
$1.9M
Base
$871k
Bonus
$843k
Other
$36k
Benefits
$27k
SVP Operations/coo
Senior Vice President
75th to 90th percentile
$578k
$613k
Base
$348k
Bonus
$81k
Other
$23k
Benefits
$30k
SVP Is/cto
Senior Vice President
75th to 90th percentile
$567k
$601k
Base
$384k
Bonus
$86k
Other
$28k
Benefits
$29k
SVP Lending/clo
Senior Vice President
75th to 90th percentile
$518k
$549k
Base
$360k
Bonus
$83k
Other
$14k
Benefits
$16k
SVP Finance/cfo
Senior Vice President
75th to 90th percentile
$460k
$487k
Base
$320k
Bonus
$76k
Other
Benefits
$25k
SVP Marketing
Senior Vice President
Median to 75th percentile
$365k
$387k
Base
$242k
Bonus
$56k
Other
$5k
Benefits
$25k
SVP Commercial
Senior Vice President
Median to 75th percentile
$359k
$381k
Base
$261k
Bonus
$58k
Other
Benefits
$5k
SVP Credit Services
Senior Vice President
Median to 75th percentile
$306k
$324k
Base
$193k
Bonus
$47k
Other
$15k
Benefits
$26k
SVP HR & Training
Senior Vice President
Median to 75th percentile
$263k
$279k
Base
$182k
Bonus
$41k
Other
$1k
Benefits
$11k
VP Risk Managment
Board Vice President
75th to 90th percentile
$239k
$254k
Base
$161k
Bonus
$37k
Other
$5k
Benefits
$11k
VP Information Services
Board Vice President
75th to 90th percentile
$231k
$245k
Base
$162k
Bonus
$17k
Other
$11k
Benefits
$21k
AVP Mortgage
Highest Compensated Employee
Median to 75th percentile
$230k
$244k
Base
$177k
Bonus
$9k
Other
$7k
Benefits
$12k
VP Systems Engineer
Board Vice President
75th to 90th percentile
$223k
$236k
Base
$155k
Bonus
$17k
Other
Benefits
$26k
Commercial Relationship MA
Highest Compensated Employee
Median to 75th percentile
$218k
$231k
Base
$147k
Bonus
$38k
Other
Benefits
$15k

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 8 unpaid individuals.

Fell 7%
over 3 years

From $2M in 2021 to $1.8M in 2024.

$2M
2021
$1.2M
2023
$1.8M
2024
In today's dollarsEst.
Down 20% in real terms$2.4M to $1.9M

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 fell 7% from 2021 to 2024, while revenue rose 67%.

$2M in 2021 to $1.8M in 2024.
  • Senior Vice President pay rose 28% from 2021 to 2024.
  • Board Vice President pay rose 23% from 2021 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 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

Florida Credit Union reported revenue and expenses across 3 filing years.

RevenueExpenses
$101.4M
$64.4M
2021
$143.3M
$106.3M
2023
$169.4M
$134.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Florida Credit Union

What does the Chief Executive Officer of Florida Credit Union earn?

In 2024, the Chief Executive Officer of Florida Credit Union received $1,821,329 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 Florida 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 Florida Credit Union falls in the top 10%.

What are Florida Credit Union's revenue and expenses?

In 2024, Florida Credit Union reported $169.4M in total revenue and $134.2M in total expenses on its IRS Form 990.

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