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Filing year 2024

INDUSTRIAL CREDIT UNION OF WHATCOM COUNTY

Bellingham, Washington·EIN 91-0587877·501(c)(14)
Total revenue
$27.6M
Total assets
$389.4M
Total expenses
$26.7M
Reported officers
23
Mission

Providing financial services to 34,709 member which includes but is not limited to loans and savings programs. These services are provided by 10 volunteers and 105 full and part time employees.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2024

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

President/ceo
Above 90th percentile
$393k
$419k
Base
$298k
Bonus
Other
$95k
Benefits
Vp/finance
Key Employee
Median to 75th percentile
$167k
$178k
Base
$167k
Bonus
Other
Benefits
Vp/lending
Key Employee
Median to 75th percentile
$159k
$169k
Base
$159k
Bonus
Other
Benefits
Vp/operations
Key Employee
25th percentile to median
$150k
$160k
Base
$150k
Bonus
Other
Benefits
Vp/it
Key Employee
25th percentile to median
$133k
$142k
Base
$133k
Bonus
Other
Benefits
Vp/human Resources
Former Officer/director/trustee
Median to 75th percentile
$132k
$141k
Base
$132k
Bonus
Other
Benefits
Vp/digital Services
Key Employee
25th percentile to median
$127k
$136k
Base
$127k
Bonus
Other
Benefits
Mortgage Program Manager
Program Manager
Median to 75th percentile
$119k
$127k
Base
$119k
Bonus
Other
Benefits
Business Intelligence Developer
Key Employee
25th percentile to median
$118k
$125k
Base
$118k
Bonus
Other
Benefits
Director of Marketing
Director (Operational)
Median to 75th percentile
$109k
$116k
Base
$109k
Bonus
Other
Benefits
Director/compliance
Key Employee
25th percentile to median
$104k
$110k
Base
$104k
Bonus
Other
Benefits
Director Enterprise Applications
Key Employee
25th percentile to median
$101k
$107k
Base
$101k
Bonus
Other
Benefits
Supervisory Committee
Board Member
10th to 25th percentile
$2k
$2k
Board of Director/secretary
Board Member
10th to 25th percentile
$2k
$2k
Board of Director/vice Chair
Board Chair
10th to 25th percentile
$2k
$2k
Supervisory Committee Chair
Board Chair
10th to 25th percentile
$2k
$2k
Board Chair
10th to 25th percentile
$2k
$2k
Board of Director
Board Member
10th to 25th percentile
$2k
$2k
Board of Director
Board Member
10th to 25th percentile
$2k
$2k
Supervisory Committee
Board Member
10th to 25th percentile
$2k
$2k
Board of Director
Former Officer/director/trustee
Below 10th percentile
$2k
$2k
Board of Director
Board Member
Below 10th percentile
$800
$852

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Up 12%
from 2023

From $353k in 2023 to $393k in 2024.

$353k
2023
$393k
2024
In today's dollarsEst.
Up 8% in real terms$386k to $419k

Estimated with BLS CPI-U for the West 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 12% from 2023 to 2024, while revenue rose 1%.

$353k in 2023 to $393k in 2024.
  • Key Employee pay rose 4% from 2023 to 2024.
  • Director (Operational) pay rose 5% 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

INDUSTRIAL CREDIT UNION OF WHATCOM COUNTY reported revenue and expenses across 2 filing years.

RevenueExpenses
$27.3M
$28M
2023
$27.6M
$26.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INDUSTRIAL CREDIT UNION OF WHATCOM COUNTY

What does the Chief Executive Officer of INDUSTRIAL CREDIT UNION OF WHATCOM COUNTY earn?

In 2024, the Chief Executive Officer of INDUSTRIAL CREDIT UNION OF WHATCOM COUNTY received $393,419 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 INDUSTRIAL CREDIT UNION OF WHATCOM COUNTY compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at INDUSTRIAL CREDIT UNION OF WHATCOM COUNTY falls in the top 10%.

What are INDUSTRIAL CREDIT UNION OF WHATCOM COUNTY's revenue and expenses?

In 2024, INDUSTRIAL CREDIT UNION OF WHATCOM COUNTY reported $27.6M in total revenue and $26.7M in total expenses on its IRS Form 990.

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