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Filing year 2024

INDIANA MEMBERS CREDIT UNION

Indianapolis, Indiana·EIN 35-0997241·NTEE P20 · Human Services·501(c)(14)
Total revenue
$182.9M
Total assets
$3.2B
Total expenses
$155.6M
Reported officers
30
Mission

State-chartered credit union.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 30 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Human Services organizations nationwide.

CEO
Above 90th percentilevs Human Services peers in Indiana
$936k
$1M
Base
$709k
Bonus
$156k
Other
$4k
Benefits
CFO
Above 90th percentilevs Human Services peers in Indiana
$526k
$566k
Base
$381k
Bonus
$73k
Other
$4k
Benefits
Chief Strategy Officer
Officer (Unspecified)
$420k
$451k
Base
$278k
Bonus
$70k
Other
$4k
Benefits
Market President
Above 90th percentilevs Human Services peers in Indiana
$400k
$430k
Base
$272k
Bonus
$58k
Other
$4k
Benefits
Senior Vice President
Above 90th percentile
$394k
$424k
Base
$267k
Bonus
$55k
Other
$4k
Benefits
Senior Vice President
Above 90th percentile
$362k
$390k
Base
$234k
Bonus
$60k
Other
$4k
Benefits
Chief Risk Officer
Officer (Unspecified)
$349k
$376k
Base
$227k
Bonus
$55k
Other
$4k
Benefits
Chief Retail Officer
Officer (Unspecified)
$341k
$367k
Base
$224k
Bonus
$52k
Other
$4k
Benefits
Chief Marketing Officer
Officer (Unspecified)
$292k
$314k
Base
$191k
Bonus
$42k
Other
$4k
Benefits
Financial Services Advisor
Highest Compensated Employee
Above 90th percentile
$291k
$313k
Base
$114k
Bonus
$119k
Other
$4k
Benefits
Vice President
Above 90th percentile
$285k
$307k
Base
$188k
Bonus
$42k
Other
$4k
Benefits
Market President
Above 90th percentilevs Human Services peers in Indiana
$271k
$291k
Base
$191k
Bonus
$40k
Other
$4k
Benefits
Senior Vice President
75th to 90th percentile
$270k
$290k
Base
$178k
Bonus
$36k
Other
$4k
Benefits
Senior Commercial Loan Officer
Highest Compensated Employee
Above 90th percentile
$266k
$287k
Base
$142k
Bonus
$83k
Other
$4k
Benefits
Assistant Vice Pres
Highest Compensated Employee
Above 90th percentile
$265k
$285k
Base
$153k
Bonus
$65k
Other
$4k
Benefits
Senior Vice President
75th to 90th percentile
$260k
$279k
Base
$169k
Bonus
$37k
Other
$4k
Benefits
Vice President
Above 90th percentile
$251k
$270k
Base
$165k
Bonus
$33k
Other
$4k
Benefits
Senior Commercial Loan Officer
Highest Compensated Employee
75th to 90th percentile
$248k
$267k
Base
$164k
Bonus
$34k
Other
$4k
Benefits
Vice President
Above 90th percentile
$221k
$238k
Base
$143k
Bonus
$30k
Other
$4k
Benefits
Vice President
75th to 90th percentile
$209k
$225k
Base
$132k
Bonus
$30k
Other
$4k
Benefits
Senior Mortgage Loan Originator
Highest Compensated Employee
75th to 90th percentile
$208k
$223k
Base
$100k
Bonus
$83k
Other
$4k
Benefits
Chairman
Board Chair
Median to 75th percentile
$56k
$61k
Vice Chairman
Board Vice Chair
75th to 90th percentile
$41k
$44k
Secretary
Board Secretary
75th to 90th percentile
$37k
$40k
Treasurer
Board Treasurer
75th to 90th percentile
$34k
$37k
Board Member
25th percentile to medianvs Human Services peers in Indiana
$27k
$29k
Board Member
25th percentile to medianvs Human Services peers in Indiana
$23k
$25k
Board Member
25th percentile to medianvs Human Services peers in Indiana
$23k
$24k
Board Member
25th percentile to medianvs Human Services peers in Indiana
$22k
$23k
Board Member
10th to 25th percentilevs Human Services peers in Indiana
$16k
$17k

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.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at INDIANA MEMBERS CREDIT UNION equaled 0.6% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
0.6%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 18%
from 2023

From $1.1M in 2023 to $936k in 2024.

$1.1M
2023
$936k
2024
In today's dollarsEst.
Down 20% in real terms$1.3M to $1M

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 rose 6% from 2023 to 2024, while revenue rose 23%.

$881k in 2023 to $936k in 2024.
  • Chief Financial Officer pay rose 4% from 2023 to 2024.
  • Senior Vice President pay rose 4% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about INDIANA MEMBERS CREDIT UNION

What does the Chief Executive Officer of INDIANA MEMBERS CREDIT UNION earn?

In 2024, the Chief Executive Officer of INDIANA MEMBERS CREDIT UNION received $935,833 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Human Services organizations in Indiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INDIANA MEMBERS CREDIT UNION compare with similar nonprofits?

Compared with the same role at Human Services organizations in Indiana, the 2024 pay of the Chief Executive Officer at INDIANA MEMBERS CREDIT UNION falls in the top 10%. In 2024, the highest total compensation at INDIANA MEMBERS CREDIT UNION equaled 0.6% of the organization's total expenses. The median for human services organizations is 8%.

What are INDIANA MEMBERS CREDIT UNION's revenue and expenses?

In 2024, INDIANA MEMBERS CREDIT UNION reported $182.9M in total revenue and $155.6M in total expenses on its IRS Form 990.

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