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Filing year 2024

GREATER IOWA CREDIT UNION

Ames, Iowa·EIN 42-0664060·501(c)(14)
Total revenue
$41.4M
Total assets
$653.1M
Total expenses
$38.5M
Reported officers
28
Mission

OUR PROMISE - WE WILL GROW WITH OUR COMMUNITIES AND OUR MEMBERS BY PROVIDING LIFELONG PERSONAL SERVICE AND INNOVATIVE FINANCIAL PRODUCTS. OUR VISION STATEMENT - GREATER IOWA CREDIT UNION WILL BECOME A PACESETTER IN THE FINANCIAL SERVICES INDUSTRY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2024

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

CEO
Above 90th percentile
$436k
$469k
Base
$357k
Bonus
$44k
Other
Benefits
$14k
VP of Consumer Lending
Board Vice President
75th to 90th percentile
$277k
$298k
Base
$243k
Bonus
$3k
Other
Benefits
$15k
COO
75th to 90th percentile
$252k
$271k
Base
$233k
Bonus
$5k
Other
Benefits
$995
Clo
Officer (Unspecified)
$203k
$218k
Base
$186k
Bonus
$4k
Other
Benefits
$2k
VP of Finance
Vice President
75th to 90th percentile
$198k
$213k
Base
$172k
Bonus
$4k
Other
Benefits
$14k
Regional Director of Member Service
Highest Compensated Employee
Median to 75th percentile
$189k
$203k
Base
$129k
Bonus
$32k
Other
Benefits
$19k
Regional Director of Member Service
Highest Compensated Employee
Median to 75th percentile
$177k
$190k
Base
$126k
Bonus
$31k
Other
Benefits
$10k
Information Security Officer
Highest Compensated Employee
25th percentile to median
$164k
$176k
Base
$133k
Bonus
$200
Other
Benefits
$22k
Branch Manager II
Highest Compensated Employee
25th percentile to median
$152k
$164k
Base
$89k
Bonus
$33k
Other
Benefits
$22k
VP of IT
Board Vice President
Median to 75th percentile
$151k
$163k
Base
$130k
Bonus
$5k
Other
Benefits
$8k
IT Manager - Application & Data
IT Manager
25th percentile to median
$146k
$157k
Senior Business Anayst
Highest Compensated Employee
25th percentile to median
$144k
$155k
Risk Manager
Highest Compensated Employee
25th percentile to median
$141k
$152k
IT Manager - Infrastructure & Endpoints
IT Manager
25th percentile to median
$140k
$151k
VP of Human Resources
Board Vice President
Median to 75th percentile
$139k
$150k
Senior Relationship Manager
Highest Compensated Employee
25th percentile to median
$136k
$146k
Marketing Community Outreach Manager
Highest Compensated Employee
10th to 25th percentile
$122k
$131k
Branch Manager II
Highest Compensated Employee
10th to 25th percentile
$121k
$131k

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 10 unpaid individuals.

Up 4%
from 2023

From $418k in 2023 to $436k in 2024.

$418k
2023
$436k
2024
In today's dollarsEst.
Up 2% in real terms$462k to $469k

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 rose 4% from 2023 to 2024, while revenue rose 15%.

$418k in 2023 to $436k in 2024.
  • Board Vice President pay rose 58% from 2023 to 2024.
  • Chief Operating Officer pay rose 11% 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

GREATER IOWA CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$35.9M
$33.9M
2023
$41.4M
$38.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about GREATER IOWA CREDIT UNION

What does the Chief Executive Officer of GREATER IOWA CREDIT UNION earn?

In 2024, the Chief Executive Officer of GREATER IOWA CREDIT UNION received $436,183 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 GREATER IOWA 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 GREATER IOWA CREDIT UNION falls in the top 10%.

What are GREATER IOWA CREDIT UNION's revenue and expenses?

In 2024, GREATER IOWA CREDIT UNION reported $41.4M in total revenue and $38.5M in total expenses on its IRS Form 990.

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