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Filing year 2024

FORRIT CREDIT UNION

Clackamas, Oregon·EIN 93-0256538·501(c)(14)
Total revenue
$5.2M
Total assets
$93.7M
Total expenses
$5.5M
Reported officers
6
Mission

We provide solutions to improve each of our members financial lives by offering competitive-low fee services and providing financial literacy through education events.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

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

Ceo/president
75th to 90th percentile
$172k
$183k
Base
$155k
Bonus
$17k
Other
Benefits
Director of Finance
Median to 75th percentile
$134k
$142k
Base
$135k
Bonus
$1k
Other
Benefits
Director of IT
Chief Information Officer
10th to 25th percentile
$117k
$125k
Base
$118k
Bonus
$949
Other
$1k
Benefits
Director of Member Services
Board Member
Above 90th percentile
$113k
$120k
Base
$117k
Bonus
$949
Other
Benefits
Director of Marketing
Director (Operational)
25th percentile to median
$94k
$100k
Director of Experience
Board Member
75th to 90th percentile
$93k
$99k

Teal figures restate each filed amount in 2026 dollars.

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

Up 7%
from 2023

From $160k in 2023 to $172k in 2024.

$160k
2023
$172k
2024
In today's dollarsEst.
Up 4% in real terms$175k to $183k

Estimated with BLS CPI-U for the West 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 7% from 2023 to 2024, while revenue rose 15%.

$160k in 2023 to $172k in 2024.
  • Chief Financial Officer pay rose 20% from 2023 to 2024.
  • Chief Information Officer 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

FORRIT CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.6M
$4.3M
2023
$5.2M
$5.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FORRIT CREDIT UNION

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

In 2024, the Chief Executive Officer of FORRIT CREDIT UNION received $171,987 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FORRIT 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 FORRIT CREDIT UNION falls between the 75th and 90th percentiles.

What are FORRIT CREDIT UNION's revenue and expenses?

In 2024, FORRIT CREDIT UNION reported $5.2M in total revenue and $5.5M in total expenses on its IRS Form 990.

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