WHILE PROMOTING THE CREDIT UNION PHILOSOPHY, WE ARE COMMITTED TO PROVIDING FINANCIAL SERVICES FOR THE CHANGING NEEDS OF OUR MEMBERS AND HELPING THEM OBTAIN PERSONAL FINANCIAL SECURITY.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $836k
- Bonus
- $531k
- Other
- $300
- Benefits
- $36k
- Base
- $258k
- Bonus
- $14k
- Other
- $360
- Benefits
- $27k
- Base
- $247k
- Bonus
- $17k
- Other
- $242
- Benefits
- $21k
- Base
- $181k
- Bonus
- $12k
- Other
- $245
- Benefits
- $27k
- Base
- $187k
- Bonus
- $12k
- Other
- —
- Benefits
- $9k
- Base
- $178k
- Bonus
- $12k
- Other
- $523
- Benefits
- $9k
- Base
- $141k
- Bonus
- $6k
- Other
- $500
- Benefits
- $10k
- Base
- $140k
- Bonus
- $4k
- Other
- $328
- Benefits
- $9k
- Base
- $131k
- Bonus
- $9k
- Other
- $118
- Benefits
- $1k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $836k | $531k | $300 | $36k | $1.5M $1.6M |
Svp/coo Key Employee 75th to 90th percentile | $258k | $14k | $360 | $27k | $338k $364k |
Chief Marketing Ofcr./chie Key Employee 75th to 90th percentile | $247k | $17k | $242 | $21k | $322k $347k |
Chief Lending Officer Highest Compensated Employee 75th to 90th percentile | $181k | $12k | $245 | $27k | $247k $266k |
Chief Technology Officer Highest Compensated Employee Median to 75th percentile | $187k | $12k | — | $9k | $235k $253k |
CFO 75th to 90th percentile | $178k | $12k | $523 | $9k | $225k $242k |
VP of Cards Board Vice President Median to 75th percentile | $141k | $6k | $500 | $10k | $178k $192k |
Corporate Strategist Highest Compensated Employee Median to 75th percentile | $140k | $4k | $328 | $9k | $174k $187k |
Executive Implementation Officer Highest Compensated Employee 25th percentile to median | $131k | $9k | $118 | $1k | $161k $174k |
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.
Up 160%
from 2023
From $566k in 2023 to $1.5M 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 160% from 2023 to 2024, while revenue rose 175%.
- Key Employee pay rose 8% from 2023 to 2024.
- Highest Compensated Employee pay rose 8% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
LAFCU reported revenue and expenses across 2 filing years.
Common questions about LAFCU
What does the Chief Executive Officer of LAFCU earn?
In 2024, the Chief Executive Officer of LAFCU received $1,472,927 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 LAFCU compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at LAFCU falls in the top 10%.
What are LAFCU's revenue and expenses?
In 2024, LAFCU reported $177.5M in total revenue and $69.5M in total expenses on its IRS Form 990.
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