TO PROVIDE HIGH QUALITY FINANCIAL SERVICES FOR OUR MEMBERS/OWNERS, ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
President 25th percentile to median | $65k $70k |
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 5 unpaid individuals.
Up 4%
from 2023
From $62k in 2023 to $65k 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 4% from 2023 to 2024, while revenue rose 33%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
INDEPENDENCE TEACHERS CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about INDEPENDENCE TEACHERS CREDIT UNION
What does the Chief Executive Officer of INDEPENDENCE TEACHERS CREDIT UNION earn?
In 2024, the Chief Executive Officer of INDEPENDENCE TEACHERS CREDIT UNION received $64,795 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at INDEPENDENCE TEACHERS 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 INDEPENDENCE TEACHERS CREDIT UNION falls between the 25th percentile and the median.
What are INDEPENDENCE TEACHERS CREDIT UNION's revenue and expenses?
In 2024, INDEPENDENCE TEACHERS CREDIT UNION reported $615k in total revenue and $445k in total expenses on its IRS Form 990.
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