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Filing year 2024

General Electric Credit Union

Cincinnati, Ohio·EIN 31-0568628·501(c)(14)
Total revenue
$251.4M
Total assets
$4.4B
Total expenses
$270.9M
Reported officers
25
Mission

OFFER A VARIETY OF QUALITY PRODUCTS AND FINANCIAL SERVICES DESIGNED TO BENEFIT ALL MEMBERS UNDER A STRONG FINANCIAL STRUCTURE THAT ENSURES THE CONTINUED VIABILITY OF THE CREDIT UNION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 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
$929k
$1000k
Base
$865k
Bonus
Other
$6k
Benefits
$16k
Loan Originator
Highest Compensated Employee
75th to 90th percentile
$305k
$328k
Base
$294k
Bonus
Other
Benefits
$9k
Chief Financial Officer
Above 90th percentile
$281k
$302k
Base
$238k
Bonus
Other
Benefits
$20k
Chief Credit Officer
Officer (Unspecified)
$275k
$296k
Base
$243k
Bonus
Other
Benefits
$7k
Vice President of Mortgage Originations
Board Vice President
75th to 90th percentile
$273k
$293k
Base
$239k
Bonus
$24k
Other
$1k
Benefits
$7k
Chief Delivery Officer
Officer (Unspecified)
$252k
$271k
Base
$217k
Bonus
Other
Benefits
$13k
Chief Communication Officer
Officer (Unspecified)
$251k
$270k
Base
$216k
Bonus
Other
Benefits
$13k
Chief Development Officer
75th to 90th percentile
$251k
$270k
Base
$215k
Bonus
$500
Other
Benefits
$13k
Chief Support Officer
Officer (Unspecified)
$243k
$261k
Base
$208k
Bonus
Other
Benefits
$14k
Chief Information Officer
Median to 75th percentile
$243k
$261k
Base
$200k
Bonus
Other
$598
Benefits
$21k
Chief Risk Officer
Officer (Unspecified)
$242k
$261k
Base
$214k
Bonus
Other
Benefits
$7k
Senior Vice President of Compliance
Senior Vice President
25th percentile to median
$220k
$237k
Base
$182k
Bonus
$8k
Other
Benefits
$13k
Senior Vice President of Financial Planning & Analysis
Senior Vice President
25th percentile to median
$218k
$235k
Base
$197k
Bonus
$8k
Other
Benefits
$13k
Chief Audit Officer
Officer (Unspecified)
$213k
$229k
Base
$190k
Bonus
Other
$4k
Benefits
$576
Senior Vice President/controller
Board Vice President
Median to 75th percentile
$203k
$218k
Base
$159k
Bonus
$8k
Other
Benefits
$21k
Mortgage Loan Originator
Highest Compensated Employee
Median to 75th percentile
$202k
$217k
Base
$191k
Bonus
Other
Benefits
$10k
Chief Human Resources Officer
Officer (Unspecified)
$202k
$217k
Base
$171k
Bonus
Other
Benefits
$13k

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 8 unpaid individuals.

Held steady
from 2023

From $927k in 2023 to $929k in 2024.

$927k
2023
$929k
2024
In today's dollarsEst.
Down 2% in real terms$1M to $1000k

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

Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue rose 6%.

$927k in 2023 to $929k in 2024.
  • Highest Compensated Employee pay fell 60% from 2023 to 2024.
  • Chief Financial Officer pay rose 105% 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

General Electric Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$238.1M
$246.6M
2023
$251.4M
$270.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about General Electric Credit Union

What does the Chief Executive Officer of General Electric Credit Union earn?

In 2024, the Chief Executive Officer of General Electric Credit Union received $929,224 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 General Electric 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 General Electric Credit Union falls in the top 10%.

What are General Electric Credit Union's revenue and expenses?

In 2024, General Electric Credit Union reported $251.4M in total revenue and $270.9M in total expenses on its IRS Form 990.

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