Hometown Credit Union is a financial cooperative which is owned and operated for its members. We seek to promote thrift and economic development of our trade area. We strive to provide the best possible financial services to meet members needs. Hometown Credit Union seeks to grow while maintaining its long term financial stability.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $155k
- Bonus
- $5k
- Other
- $6k
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Median to 75th percentile | $155k | $5k | $6k | — | $166k $179k |
Chief Lending Officer Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $106k $114k |
Director Board Member 10th to 25th percentile | — | — | — | — | $2k $3k |
Board Chairman Board Chair 10th to 25th percentile | — | — | — | — | $2k $3k |
Vice Chairman Board Vice Chair 10th to 25th percentile | — | — | — | — | $2k $3k |
Board Secretary 25th percentile to median | — | — | — | — | $2k $3k |
Director Board Member 10th to 25th percentile | — | — | — | — | $2k $2k |
Director Board Member Below 10th percentile | — | — | — | — | $400 $430 |
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.
Up 5%
from 2023
From $159k in 2023 to $166k in 2024.
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.
Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 19%.
- Board Vice Chair pay held roughly steady from 2023 to 2024.
- Board Secretary pay held roughly steady from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
HOMETOWN CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about HOMETOWN CREDIT UNION
What does the Chief Executive Officer of HOMETOWN CREDIT UNION earn?
In 2024, the Chief Executive Officer of HOMETOWN CREDIT UNION received $166,022 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at HOMETOWN 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 HOMETOWN CREDIT UNION falls between the median and the 75th percentile.
What are HOMETOWN CREDIT UNION's revenue and expenses?
In 2024, HOMETOWN CREDIT UNION reported $12.3M in total revenue and $10.6M in total expenses on its IRS Form 990.
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