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Filing year 2024

HAR-CO CREDIT UNION

Bel Air, Maryland·EIN 52-0853115·501(c)(14)
Total revenue
$13.3M
Total assets
$260.5M
Total expenses
$11.6M
Reported officers
16
Mission

TO PROVIDE A SOUND FINANCIAL INSTITUTION WITH EXCELLENT MEMBER SERVICE FOR OUR CREDIT UNION FAMILY. WE MAKE OUR MEMBERSHIP OUR FIRST CONSIDERATION IN EVERYTHING WE DO.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 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
$385k
$412k
Base
$321k
Bonus
Other
Benefits
$19k
Evp/coo and Cco
Officer (Unspecified)
$266k
$284k
Base
$218k
Bonus
Other
Benefits
$14k
Evp/cfo
Officer (Unspecified)
$220k
$235k
Base
$181k
Bonus
Other
Benefits
$13k
Svp/cro and Cco
Officer (Unspecified)
$211k
$225k
Base
$171k
Bonus
Other
Benefits
$13k
Vp/sr. Mortgage Officer
Officer (Unspecified)
$200k
$214k
Base
$161k
Bonus
Other
Benefits
$13k
Svp/controller
Officer (Unspecified)
$199k
$212k
Base
$140k
Bonus
Other
Benefits
$13k
Svp/cto
Officer (Unspecified)
$195k
$208k
Base
$164k
Bonus
Other
Benefits
$12k
Svp/cmo
Officer (Unspecified)
$189k
$202k
Base
$174k
Bonus
Other
Benefits
$7k
Chairman
Board Chair
25th percentile to median
$10k
$10k
Director
Board Member
25th percentile to median
$9k
$10k
Vice Chairman
Board Vice Chair
25th percentile to median
$8k
$9k
Secretary
Board Secretary
Median to 75th percentile
$7k
$8k
Treasurer
Board Treasurer
Median to 75th percentile
$6k
$6k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
25th percentile to median
$5k
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Up 39%
from 2023

From $277k in 2023 to $385k in 2024.

$277k
2023
$385k
2024
In today's dollarsEst.
Up 35% in real terms$305k to $412k

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 39% from 2023 to 2024, while revenue rose 12%.

$277k in 2023 to $385k 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

HAR-CO CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.9M
$9.7M
2023
$13.3M
$11.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about HAR-CO CREDIT UNION

What does the Chief Executive Officer of HAR-CO CREDIT UNION earn?

In 2024, the Chief Executive Officer of HAR-CO CREDIT UNION received $385,255 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 HAR-CO 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 HAR-CO CREDIT UNION falls in the top 10%.

What are HAR-CO CREDIT UNION's revenue and expenses?

In 2024, HAR-CO CREDIT UNION reported $13.3M in total revenue and $11.6M in total expenses on its IRS Form 990.

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