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 · Part VII & Schedule J · 10 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $577k
- Bonus
- $205k
- Other
- —
- Benefits
- $30k
- Base
- $272k
- Bonus
- $60k
- Other
- —
- Benefits
- $12k
- Base
- $263k
- Bonus
- $18k
- Other
- —
- Benefits
- $28k
- Base
- $246k
- Bonus
- $60k
- Other
- —
- Benefits
- $29k
- Base
- $239k
- Bonus
- $59k
- Other
- —
- Benefits
- $21k
- Base
- $224k
- Bonus
- $3k
- Other
- —
- Benefits
- $2k
- Base
- $188k
- Bonus
- $5k
- Other
- —
- Benefits
- $19k
- Base
- $173k
- Bonus
- $5k
- Other
- —
- Benefits
- $27k
- Base
- $168k
- Bonus
- $5k
- Other
- —
- Benefits
- $23k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Above 90th percentile | $577k | $205k | — | $30k | $876k $929k |
EVP COO Above 90th percentile | $272k | $60k | — | $12k | $355k $376k |
EVP CFO Above 90th percentile | $263k | $18k | — | $28k | $349k $370k |
SVP CIO Chief Information Officer 75th to 90th percentile | $246k | $60k | — | $29k | $344k $365k |
SVP Cao Senior Vice President Median to 75th percentile | $239k | $59k | — | $21k | $330k $350k |
VP In-house Counsel Board Vice President 75th to 90th percentile | $224k | $3k | — | $2k | $239k $254k |
AVP Core App Services Highest Compensated Employee Median to 75th percentile | $188k | $5k | — | $19k | $220k $234k |
VP Project Mgmt Office Board Vice President Median to 75th percentile | $173k | $5k | — | $27k | $213k $226k |
Core System Prog Manager Highest Compensated Employee Median to 75th percentile | $168k | $5k | — | $23k | $203k $215k |
President & CEO (cuso - Vyfi, Llc) Median to 75th percentile | — | — | — | — | $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.
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.
Chief Executive Officer pay rose 21% from 2023 to 2024, while revenue rose 9%.
- Chief Information Officer pay rose 12% from 2023 to 2024.
- Senior Vice President pay rose 22% 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
LAUNCH CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about LAUNCH CREDIT UNION
What does the Chief Executive Officer of LAUNCH CREDIT UNION earn?
In 2024, the Chief Executive Officer of LAUNCH CREDIT UNION received $875,542 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 LAUNCH 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 LAUNCH CREDIT UNION falls in the top 10%.
What are LAUNCH CREDIT UNION's revenue and expenses?
In 2024, LAUNCH CREDIT UNION reported $85.2M in total revenue and $80.5M in total expenses on its IRS Form 990.
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