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Filing year 2024

GALE CREDIT UNION

Galesburg, Illinois·EIN 37-0694528·501(c)(14)
Total revenue
$3.7M
Total assets
$59.9M
Total expenses
$3.2M
Reported officers
11
Mission

TO PROMOTE THRIFT AND TO PROVIDE THE HIGHEST QUALITY COMPETITIVE SERVICES AND BENEFITS TO ITS MEMBERS, WHILE ASSURING THE CREDIT UNIONS LONG-TERM FINANCIAL STABILITY.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

Ceo/treasurer
Officer (Unspecified)
$167k
$180k
Vice President
Median to 75th percentile
$93k
$100k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 9 unpaid individuals.

Up 31%
from 2023

From $128k in 2023 to $167k in 2024.

$128k
2023
$167k
2024
In today's dollarsEst.
Up 28% in real terms$141k to $180k

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

Pay for the position

Vice President pay rose 61% from 2023 to 2024, while revenue rose 33%.

$58k in 2023 to $93k in 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

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

RevenueExpenses
$2.8M
$2.4M
2023
$3.7M
$3.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about GALE CREDIT UNION

What does the Vice President of GALE CREDIT UNION earn?

In 2024, the Vice President of GALE CREDIT UNION received $93,056 in total compensation. This pay is above the median (the midpoint) for Vice President roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Vice President pay at GALE CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Vice President at GALE CREDIT UNION falls between the median and the 75th percentile.

What are GALE CREDIT UNION's revenue and expenses?

In 2024, GALE CREDIT UNION reported $3.7M in total revenue and $3.2M in total expenses on its IRS Form 990.

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