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Filing year 2024

FREEDOM CREDIT UNION

Warminster, Pennsylvania·EIN 23-2403099·501(c)(14)
Total revenue
$79.7M
Total assets
$1.4B
Total expenses
$61.8M
Reported officers
16
Mission

TO PROVIDE LOW COST FINANCIAL SERVICES AND PRODUCTS TO ITS MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 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
$1.1M
$1.2M
Base
$1.1M
Bonus
Other
Benefits
$32k
Svp- Chief Operations Offi
Highest Compensated Employee
Above 90th percentile
$474k
$510k
Base
$411k
Bonus
Other
Benefits
$21k
SVP - Chief Financial Offi
Senior Vice President
75th to 90th percentile
$458k
$493k
Base
$380k
Bonus
Other
Benefits
$37k
Svp/erm
Highest Compensated Employee
75th to 90th percentile
$362k
$389k
Base
$297k
Bonus
Other
Benefits
$29k
SVP - Chief Information of
Senior Vice President
Median to 75th percentile
$283k
$305k
Base
$244k
Bonus
Other
Benefits
$37k
Consumer Lending Manager
Highest Compensated Employee
Median to 75th percentile
$220k
$237k
Base
$163k
Bonus
Other
Benefits
$37k
Member Services Team Manager
Highest Compensated Employee
Median to 75th percentile
$208k
$224k
Base
$155k
Bonus
Other
Benefits
$34k
Chairman
Board Chair
25th percentile to median
$21k
$23k
Vice Chairman
Board Vice Chair
Median to 75th percentile
$16k
$17k
Secretary
Officer (Unspecified)
$16k
$17k
Treasurer
Officer (Unspecified)
$16k
$17k
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$11k
$12k
Director
Board Member
25th percentile to median
$11k
$11k
Director
Board Member
25th percentile to median
$6k
$6k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Up 7%
from 2023

From $1M in 2023 to $1.1M in 2024.

$1M
2023
$1.1M
2024
In today's dollarsEst.
Up 4% in real terms$1.2M to $1.2M

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 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 rose 7% from 2023 to 2024, while revenue rose 15%.

$1M in 2023 to $1.1M in 2024.
  • Highest Compensated Employee pay fell 9% from 2023 to 2024.
  • Senior Vice President pay rose 4% 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

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

RevenueExpenses
$69.5M
$53M
2023
$79.7M
$61.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FREEDOM CREDIT UNION

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

In 2024, the Chief Executive Officer of FREEDOM CREDIT UNION received $1,124,119 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 FREEDOM 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 FREEDOM CREDIT UNION falls in the top 10%.

What are FREEDOM CREDIT UNION's revenue and expenses?

In 2024, FREEDOM CREDIT UNION reported $79.7M in total revenue and $61.8M in total expenses on its IRS Form 990.

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