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Filing year 2024

Interra Credit Union

Goshen, Indiana·EIN 35-1082578·501(c)(14)
Total revenue
$110.7M
Total assets
$1.9B
Total expenses
$106.4M
Reported officers
28
Mission

COOPERATIVE FINANCIAL INSTITUTION WITH A MISSION TO BE OUR MEMBERS' MOST TRUSTED AND VALUED FINANCIAL RESOURCE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 26 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
$1.5M
$1.6M
Base
$633k
Bonus
Other
$350k
Benefits
$17k
EVP COO
Above 90th percentile
$577k
$621k
Base
$454k
Bonus
Other
Benefits
$22k
Head of Human Resources (left 11/22)
Key Employee
Above 90th percentile
$464k
$499k
Base
$223k
Bonus
$25k
Other
$190k
Benefits
$20k
CFO
Above 90th percentile
$436k
$469k
Base
$333k
Bonus
Other
Benefits
$26k
Clo
Officer (Unspecified)
$398k
$428k
Base
$308k
Bonus
Other
Benefits
$21k
CSO
Officer (Unspecified)
$389k
$419k
Base
$305k
Bonus
Other
Benefits
$14k
Head of Mortgage Services (left 11/19)
Key Employee
75th to 90th percentile
$269k
$289k
Base
$179k
Bonus
$61k
Other
Benefits
$22k
Head of Commercial Services
Key Employee
Median to 75th percentile
$246k
$265k
Base
$235k
Bonus
Other
Benefits
$3k
Chief Member Experience Officer
Key Employee
Median to 75th percentile
$243k
$262k
Base
$221k
Bonus
Other
Benefits
$15k
Head of Consumer Services
Key Employee
Median to 75th percentile
$239k
$257k
Base
$212k
Bonus
Other
Benefits
$20k
Head of Credit Administration
Highest Compensated Employee
Median to 75th percentile
$234k
$251k
Base
$211k
Bonus
Other
Benefits
$16k
Head of Finance & Deposit Operations (left 7/10)
Highest Compensated Employee
Median to 75th percentile
$223k
$240k
Base
$113k
Bonus
Other
$100k
Benefits
$6k
Head of Enterprise Risk Mgmt
Highest Compensated Employee
Median to 75th percentile
$218k
$235k
Base
$194k
Bonus
Other
Benefits
$18k
Agribusiness Lender IV
Highest Compensated Employee
Median to 75th percentile
$214k
$230k
Base
$158k
Bonus
$33k
Other
Benefits
$18k
Manager of Commercial Lending
Highest Compensated Employee
Median to 75th percentile
$212k
$228k
Base
$165k
Bonus
$28k
Other
Benefits
$14k
Chairman
Board Chair
Median to 75th percentile
$30k
$32k
Treasurer
Board Treasurer
75th to 90th percentile
$20k
$22k
Secretary
Board Secretary
75th to 90th percentile
$20k
$22k
Vice Chairman
Board Vice Chair
Median to 75th percentile
$20k
$22k
Director
Board Member
Median to 75th percentile
$18k
$19k
Director
Board Member
Median to 75th percentile
$18k
$19k
Director
Board Member
Median to 75th percentile
$18k
$19k
Associate Director
Board Member
25th percentile to median
$9k
$10k
Supervisory Committee
Board Member
25th percentile to median
$6k
$6k
Supervisory Committee
Board Member
25th percentile to median
$6k
$6k
Supervisory Committee
Board Member
25th percentile to median
$6k
$6k

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 2 unpaid individuals.

Down 5%
from 2023

From $1.6M in 2023 to $1.5M in 2024.

$1.6M
2023
$1.5M
2024
In today's dollarsEst.
Down 8% in real terms$1.7M to $1.6M

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 5% from 2023 to 2024, while revenue rose 17%.

$1.6M in 2023 to $1.5M in 2024.
  • Chief Financial Officer pay fell 9% from 2023 to 2024.
  • Highest Compensated Employee pay fell 10% 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

Interra Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$94.7M
$89.4M
2023
$110.7M
$106.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Interra Credit Union

What does the Chief Executive Officer of Interra Credit Union earn?

In 2024, the Chief Executive Officer of Interra Credit Union received $1,485,842 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 Interra 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 Interra Credit Union falls in the top 10%.

What are Interra Credit Union's revenue and expenses?

In 2024, Interra Credit Union reported $110.7M in total revenue and $106.4M in total expenses on its IRS Form 990.

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