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Filing year 2024

LATVIAN CREDIT UNION

Minneapolis, Minnesota·EIN 41-0884474·14
Total revenue
$373k
Total assets
$5.7M
Total expenses
$349k
Reported officers
10
Mission

State Chartered Credit Union

Executive compensation

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

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

CEO
25th percentile to median
$79k
$84k
Manager
Key Employee
25th percentile to median
$53k
$57k
Supervisory Committee
Officer (Unspecified)
$1k
$1k
Supervisory Committee
Officer (Unspecified)
$1k
$1k
Supervisory Committee
Officer (Unspecified)
$890
$950

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, 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 $76k in 2023 to $79k in 2024.

$76k
2023
$79k
2024
In today's dollarsEst.
Up 1% in real terms$83k to $84k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, 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 4% from 2023 to 2024, while revenue rose 23%.

$76k in 2023 to $79k in 2024.
  • Key Employee 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.
Financial trend

Revenue and expenses over time

LATVIAN CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$303k
$300k
2023
$373k
$349k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LATVIAN CREDIT UNION

What does the Chief Executive Officer of LATVIAN CREDIT UNION earn?

In 2024, the Chief Executive Officer of LATVIAN CREDIT UNION received $78,922 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 LATVIAN 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 LATVIAN CREDIT UNION falls between the 25th percentile and the median.

What are LATVIAN CREDIT UNION's revenue and expenses?

In 2024, LATVIAN CREDIT UNION reported $373k in total revenue and $349k in total expenses on its IRS Form 990.

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