https://heritagefcu.com/about/what-makes-us-different
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.
- Base
- $458k
- Bonus
- $98k
- Other
- —
- Benefits
- $21k
- Base
- $252k
- Bonus
- $39k
- Other
- —
- Benefits
- $15k
- Base
- $185k
- Bonus
- $20k
- Other
- —
- Benefits
- $7k
- Base
- $165k
- Bonus
- $16k
- Other
- —
- Benefits
- $7k
- Base
- $160k
- Bonus
- $11k
- Other
- —
- Benefits
- $16k
- Base
- $156k
- Bonus
- $13k
- Other
- —
- Benefits
- $7k
- Base
- $158k
- Bonus
- $13k
- Other
- —
- Benefits
- —
- Base
- $36k
- Bonus
- $114k
- Other
- $5k
- Benefits
- $15k
- Base
- $37k
- Bonus
- $129k
- Other
- $137
- Benefits
- —
- Base
- $132k
- Bonus
- $5k
- Other
- —
- Benefits
- $21k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Ceopresident 75th to 90th percentilevs Public & Societal Benefit peers in New York | $458k | $98k | — | $21k | $594k $642k |
EVP Executive Vice President Median to 75th percentile | $252k | $39k | — | $15k | $322k $348k |
COO Median to 75th percentile | $185k | $20k | — | $7k | $224k $242k |
SVP of Commercial Senior Vice President 10th to 25th percentile | $165k | $16k | — | $7k | $195k $211k |
VP of Lending Vice President Median to 75th percentile | $160k | $11k | — | $16k | $187k $202k |
VP of HR Vice President Median to 75th percentile | $156k | $13k | — | $7k | $187k $202k |
VP of Finance Vice President Median to 75th percentile | $158k | $13k | — | — | $176k $190k |
Mlo II Highest Compensated Employee Median to 75th percentile | $36k | $114k | $5k | $15k | $175k $189k |
Mlo II Highest Compensated Employee Median to 75th percentile | $37k | $129k | $137 | — | $174k $189k |
AVP of IT Officer (Unspecified) | $132k | $5k | — | $21k | $166k $179k |
AVP of Retail Officer (Unspecified) | — | — | — | — | $146k $158k |
Director of Compliance Highest Compensated Employee 25th percentile to median | — | — | — | — | $141k $152k |
VP of Audit Vice President Median to 75th percentile | — | — | — | — | $139k $150k |
AVP of Sales Service Officer (Unspecified) | — | — | — | — | $136k $147k |
AVP of Marketing Officer (Unspecified) | — | — | — | — | $132k $142k |
AVP of Cu Operations Officer (Unspecified) | — | — | — | — | $130k $141k |
AVP of Sbo Officer (Unspecified) | — | — | — | — | $130k $140k |
AVP of Lending Product Officer (Unspecified) | — | — | — | — | $124k $134k |
Director of Lending Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $122k $132k |
Chief of Staff Officer (Unspecified) | — | — | — | — | $119k $129k |
Manager of Real Estate Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $112k $121k |
AVP of Loan Operations Officer (Unspecified) | — | — | — | — | $105k $113k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 7 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Heritage Financial Credit Union equaled 1% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 5%
from 2023
From $628k in 2023 to $594k in 2024.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 5% from 2023 to 2024, while revenue rose 10%.
- Executive Vice President pay held roughly steady from 2023 to 2024.
- Chief Operating Officer 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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Heritage Financial Credit Union
What does the Chief Executive Officer of Heritage Financial Credit Union earn?
In 2024, the Chief Executive Officer of Heritage Financial Credit Union received $594,079 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Public & Societal Benefit organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Heritage Financial Credit Union compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations in New York, the 2024 pay of the Chief Executive Officer at Heritage Financial Credit Union falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Heritage Financial Credit Union equaled 1% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are Heritage Financial Credit Union's revenue and expenses?
In 2024, Heritage Financial Credit Union reported $43.5M in total revenue and $44.1M in total expenses on its IRS Form 990.
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