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Filing year 2024

Granite State Credit Union

Manchester, New Hampshire·EIN 02-0227484·501(c)(14)
Total revenue
$48.9M
Total assets
$706.5M
Total expenses
$42.7M
Reported officers
17
Mission

Deposits and lending to credit union members

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024

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

Presidentceo
Above 90th percentile
$1.1M
$1.2M
Base
$512k
Bonus
$301k
Other
$244k
Benefits
$37k
Executive Vpcoo
Officer (Unspecified)
$507k
$548k
Base
$267k
Bonus
$44k
Other
$166k
Benefits
$30k
Executive VP
Executive Vice President
75th to 90th percentile
$484k
$523k
Base
$327k
Bonus
$59k
Other
$52k
Benefits
$45k
Executive Vpcfo
Officer (Unspecified)
$358k
$387k
Base
$274k
Bonus
$44k
Other
$19k
Benefits
$22k
VP Human Resources
Board Vice President
75th to 90th percentile
$231k
$249k
Base
$162k
Bonus
$20k
Other
$8k
Benefits
$40k
VP Finance
Board Vice President
75th to 90th percentile
$231k
$249k
Base
$160k
Bonus
$20k
Other
$12k
Benefits
$39k
VP Technology
Board Vice President
75th to 90th percentile
$231k
$249k
Base
$166k
Bonus
$22k
Other
$16k
Benefits
$27k
VP Branches
Board Vice President
Median to 75th percentile
$213k
$231k
Base
$138k
Bonus
$18k
Other
$18k
Benefits
$40k
VP Lending
Board Vice President
Median to 75th percentile
$210k
$227k
Base
$166k
Bonus
$20k
Other
$5k
Benefits
$19k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 8 unpaid individuals.

Up 32%
from 2023

From $827k in 2023 to $1.1M in 2024.

$827k
2023
$1.1M
2024
In today's dollarsEst.
Up 28% in real terms$923k to $1.2M

Estimated with BLS CPI-U for the Northeast 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 32% from 2023 to 2024, while revenue rose 13%.

$827k in 2023 to $1.1M in 2024.
  • Board Vice President pay rose 10% 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

Granite State Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$43.4M
$36.9M
2023
$48.9M
$42.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Granite State Credit Union

What does the Chief Executive Officer of Granite State Credit Union earn?

In 2024, the Chief Executive Officer of Granite State Credit Union received $1,093,750 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 Granite State 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 Granite State Credit Union falls in the top 10%.

What are Granite State Credit Union's revenue and expenses?

In 2024, Granite State Credit Union reported $48.9M in total revenue and $42.7M in total expenses on its IRS Form 990.

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