TO PROVIDE LENDING, SAVINGS, AND OTHER FINANCIAL SERVICES TO ITS MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A SERVICE-BASED EMPHASIS THAT RECOGNIZES THE MEMBERS' STATUS AS OWNERS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $355k
- Bonus
- $66k
- Other
- —
- Benefits
- $10k
- Base
- $139k
- Bonus
- $16k
- Other
- —
- Benefits
- $7k
- Base
- $127k
- Bonus
- $20k
- Other
- —
- Benefits
- $5k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President, C Above 90th percentile | $355k | $66k | — | $10k | $518k $557k |
Svp, CFO Median to 75th percentile | $139k | $16k | — | $7k | $164k $176k |
Vp, CIO Chief Information Officer 25th percentile to median | $127k | $20k | — | $5k | $153k $165k |
Vp, COO Median to 75th percentile | — | — | — | — | $145k $156k |
VP Branch Op Vice President Median to 75th percentile | — | — | — | — | $132k $142k |
VP of HR Vice President Median to 75th percentile | — | — | — | — | $129k $138k |
Vp, CMO Vice President Median to 75th percentile | — | — | — | — | $121k $131k |
AVP of IT Officer (Unspecified) | — | — | — | — | $119k $128k |
VP Lending Vice President Median to 75th percentile | — | — | — | — | $114k $122k |
VP Member Ex Vice President Median to 75th percentile | — | — | — | — | $113k $122k |
AVP of Marke Officer (Unspecified) | — | — | — | — | $87k $94k |
AVP of Colle Officer (Unspecified) | — | — | — | — | $76k $82k |
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.
Up 9%
from 2023
From $475k in 2023 to $518k in 2024.
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.
Chief Executive Officer pay rose 9% from 2023 to 2024, while revenue rose 16%.
- Chief Financial Officer pay fell 3% from 2023 to 2024.
- Chief Information Officer pay fell 2% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
GENFED FINANCIAL CREDIT UNION INC reported revenue and expenses across 2 filing years.
Common questions about GENFED FINANCIAL CREDIT UNION INC
What does the Chief Executive Officer of GENFED FINANCIAL CREDIT UNION INC earn?
In 2024, the Chief Executive Officer of GENFED FINANCIAL CREDIT UNION INC received $518,194 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 GENFED FINANCIAL CREDIT UNION INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at GENFED FINANCIAL CREDIT UNION INC falls in the top 10%.
What are GENFED FINANCIAL CREDIT UNION INC's revenue and expenses?
In 2024, GENFED FINANCIAL CREDIT UNION INC reported $20.7M in total revenue and $18M in total expenses on its IRS Form 990.
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