The Illinois Educators Credit Union operates to assist its members by providing loans deposit accounts and other financial services for the benefit of the entire membership.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $235k
- Bonus
- $25k
- Other
- $22k
- Benefits
- —
- Base
- $124k
- Bonus
- $10k
- Other
- $6k
- Benefits
- $7k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO 75th to 90th percentile | $235k | $25k | $22k | — | $282k $304k |
Controller Median to 75th percentile | — | — | — | — | $149k $160k |
Executive VP Executive Vice President 25th percentile to median | $124k | $10k | $6k | $7k | $139k $150k |
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 11 unpaid individuals.
Up 9%
from 2023
From $259k in 2023 to $282k 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 9% from 2023 to 2024, while revenue rose 13%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
ILLINOIS EDUCATORS CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about ILLINOIS EDUCATORS CREDIT UNION
What does the Chief Executive Officer of ILLINOIS EDUCATORS CREDIT UNION earn?
In 2024, the Chief Executive Officer of ILLINOIS EDUCATORS CREDIT UNION received $282,159 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at ILLINOIS EDUCATORS 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 ILLINOIS EDUCATORS CREDIT UNION falls between the 75th and 90th percentiles.
What are ILLINOIS EDUCATORS CREDIT UNION's revenue and expenses?
In 2024, ILLINOIS EDUCATORS CREDIT UNION reported $6.5M in total revenue and $5.8M in total expenses on its IRS Form 990.
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