Skip to main content
Filing year 2024

LAUNCH CREDIT UNION

Merritt Island, Florida·EIN 59-1030268·14
Total revenue
$85.2M
Total assets
$1.4B
Total expenses
$80.5M
Reported officers
25
Mission

THE CREDIT UNION'S MISSION IS TO PROMOTE THRIFT AMONG ITS MEMBERS AND CREATE A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. THE CREDIT UNION SERVES MEMBERS IN BREVARD, VOLUSIA, ORANGE, SEMINOLE, FLAGLER, AND OSCEOLA COUNTIES IN FLORIDA. THE TOTAL NUMBER OF MEMBERS IS IN EXCESS OF 70,000 MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

$876k
$929k
Base
$577k
Bonus
$205k
Other
Benefits
$30k
$355k
$376k
Base
$272k
Bonus
$60k
Other
Benefits
$12k
$349k
$370k
Base
$263k
Bonus
$18k
Other
Benefits
$28k
SVP CIO
chief information officer
$344k
$365k
Base
$246k
Bonus
$60k
Other
Benefits
$29k
SVP Cao
senior vice president
$330k
$350k
Base
$239k
Bonus
$59k
Other
Benefits
$21k
VP In-house Counsel
vice president
$239k
$254k
Base
$224k
Bonus
$3k
Other
Benefits
$2k
AVP Core App Services
highest compensated employee
$220k
$234k
Base
$188k
Bonus
$5k
Other
Benefits
$19k
VP Project Mgmt Office
vice president
$213k
$226k
Base
$173k
Bonus
$5k
Other
Benefits
$27k
Core System Prog Manager
highest compensated employee
$203k
$215k
Base
$168k
Bonus
$5k
Other
Benefits
$23k
President & CEO (cuso - Vyfi, Llc)
$149k
$158k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 15 unpaid individuals.

Up 21%
from 2023

From $726k in 2023 to $876k in 2024.

$726k
2023
$876k
2024
In today's dollarsEst.
Up 17% in real terms$793k to $929k

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

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

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

RevenueExpenses
$78.1M
$71.6M
2023
$85.2M
$80.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.