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Filing year 2024

IMPACT CREDIT UNION

Clyde, Ohio·EIN 34-4431845·501(c)(14)
Total revenue
$11.2M
Total assets
$185.7M
Total expenses
$10.4M
Reported officers
12
Mission

TO HELP OUR MEMBER-OWNERS TO MANAGE THEIR FINANCIAL LIVES AND TO RUN A STABLE CREDIT UNION BY: CHOOSING TO DO WHAT IS RIGHT, CARING ABOUT OUR MEMBER'S NEEDS, AND PROVIDING FINANCIAL EDUCATION AND QUALITY PRODUCTS AND SERVICES THAT BENEFIT OUR MEMBERS, BECAUSE WE ARE THE STEWARD OF OUR MEMBER'S MONEY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ce
Above 90th percentile
$416k
$447k
Base
$203k
Bonus
$55k
Other
Benefits
$23k
Financial Pl
Highest Compensated Employee
75th to 90th percentile
$261k
$281k
Base
$48k
Bonus
$180k
Other
Benefits
$10k
Evp/cfo
Officer (Unspecified)
$205k
$221k
Base
$133k
Bonus
$17k
Other
Benefits
$12k
Svp/clo
Officer (Unspecified)
$142k
$152k
VP Operation
Board Vice President
25th percentile to median
$119k
$128k

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 7 unpaid individuals.

Down 47%
from 2023

From $787k in 2023 to $416k in 2024.

$787k
2023
$416k
2024
In today's dollarsEst.
Down 49% in real terms$869k to $447k

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.

Pay for the position

Chief Executive Officer pay fell 47% from 2023 to 2024, while revenue rose 14%.

$787k in 2023 to $416k in 2024.
  • Highest Compensated Employee pay rose 23% 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

IMPACT CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.8M
$9.2M
2023
$11.2M
$10.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about IMPACT CREDIT UNION

What does the Chief Executive Officer of IMPACT CREDIT UNION earn?

In 2024, the Chief Executive Officer of IMPACT CREDIT UNION received $415,926 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 IMPACT 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 IMPACT CREDIT UNION falls in the top 10%.

What are IMPACT CREDIT UNION's revenue and expenses?

In 2024, IMPACT CREDIT UNION reported $11.2M in total revenue and $10.4M in total expenses on its IRS Form 990.

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