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Filing year 2024

HERITAGE SOUTH COMMUNITY CU

Shelbyville, Tennessee·EIN 62-6040478·501(c)(14)
Total revenue
$26.1M
Total assets
$337.9M
Total expenses
$20.7M
Reported officers
17
Mission

Provide service in the form of loans, shares, drafts, IRA and various other services for approximately 34,264 members.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 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
$375k
$398k
Base
$252k
Bonus
$122k
Other
$673
Benefits
SVP - Information Technology
Senior Vice President
25th percentile to median
$180k
$191k
Base
$146k
Bonus
$34k
Other
$153
Benefits
SVP - Compliance & Internal Auditor
Senior Vice President
25th percentile to median
$171k
$181k
Base
$138k
Bonus
$32k
Other
$673
Benefits
CFO
Median to 75th percentile
$168k
$178k
Base
$135k
Bonus
$32k
Other
$673
Benefits
Financial Analyst
Key Employee
25th percentile to median
$124k
$132k
Base
$101k
Bonus
$23k
Other
$92
Benefits
Director of Business Lending
Key Employee
25th percentile to median
$113k
$120k
Base
$92k
Bonus
$20k
Other
$670
Benefits
VP - Lending
Board Vice President
25th percentile to median
$111k
$118k
Base
$91k
Bonus
$20k
Other
$95
Benefits
IT Security Administrator
Highest Compensated Employee
10th to 25th percentile
$107k
$114k
Base
$86k
Bonus
$21k
Other
$95
Benefits
Branch Manager
Key Employee
25th percentile to median
$105k
$112k
Base
$84k
Bonus
$21k
Other
$463
Benefits
VP - Marketing
Board Vice President
25th percentile to median
$102k
$108k
Base
$83k
Bonus
$19k
Other
$78
Benefits

Teal figures restate each filed amount in 2026 dollars.

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

Plus 7 unpaid individuals.

Up 6%
from 2023

From $355k in 2023 to $375k in 2024.

$355k
2023
$375k
2024
In today's dollarsEst.
Up 3% in real terms$387k to $398k

Estimated with BLS CPI-U for the South 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 6% from 2023 to 2024, while revenue rose 30%.

$355k in 2023 to $375k in 2024.
  • Senior Vice President pay rose 4% from 2023 to 2024.
  • Chief Financial Officer pay rose 5% 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

HERITAGE SOUTH COMMUNITY CU reported revenue and expenses across 2 filing years.

RevenueExpenses
$20M
$17.6M
2023
$26.1M
$20.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about HERITAGE SOUTH COMMUNITY CU

What does the Chief Executive Officer of HERITAGE SOUTH COMMUNITY CU earn?

In 2024, the Chief Executive Officer of HERITAGE SOUTH COMMUNITY CU received $374,810 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 HERITAGE SOUTH COMMUNITY CU compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at HERITAGE SOUTH COMMUNITY CU falls in the top 10%.

What are HERITAGE SOUTH COMMUNITY CU's revenue and expenses?

In 2024, HERITAGE SOUTH COMMUNITY CU reported $26.1M in total revenue and $20.7M in total expenses on its IRS Form 990.

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