LBS FINANCIAL CREDIT UNION IS A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, LBS FINANCIAL CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations in California.
- Base
- $568k
- Bonus
- $248k
- Other
- $137k
- Benefits
- $12k
- Base
- $452k
- Bonus
- $76k
- Other
- $20k
- Benefits
- $28k
- Base
- $281k
- Bonus
- $58k
- Other
- $17k
- Benefits
- $12k
- Base
- $258k
- Bonus
- $55k
- Other
- $13k
- Benefits
- $28k
- Base
- $243k
- Bonus
- $51k
- Other
- $1k
- Benefits
- $10k
- Base
- $226k
- Bonus
- $46k
- Other
- $822
- Benefits
- $17k
- Base
- $237k
- Bonus
- $8k
- Other
- $2k
- Benefits
- $18k
- Base
- $199k
- Bonus
- $19k
- Other
- $3k
- Benefits
- $17k
- Base
- $170k
- Bonus
- $16k
- Other
- $2k
- Benefits
- $9k
- Base
- $149k
- Bonus
- $15k
- Other
- $970
- Benefits
- $26k
- Base
- $136k
- Bonus
- $14k
- Other
- $1k
- Benefits
- $25k
- Base
- $144k
- Bonus
- $9k
- Other
- $210
- Benefits
- $17k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo Above 90th percentile | $568k | $248k | $137k | $12k | $966k $1.1M |
President/ceo Above 90th percentile | $452k | $76k | $20k | $28k | $576k $637k |
S.v.p./cfo Officer (Unspecified) | $281k | $58k | $17k | $12k | $367k $405k |
S.v.p./information Systems Key Employee 75th to 90th percentilevs Public & Societal Benefit peers nationwide | $258k | $55k | $13k | $28k | $355k $393k |
S.v.p./marketing Key Employee 75th to 90th percentilevs Public & Societal Benefit peers nationwide | $243k | $51k | $1k | $10k | $304k $336k |
S.v.p/member Services Key Employee 75th to 90th percentilevs Public & Societal Benefit peers nationwide | $226k | $46k | $822 | $17k | $290k $321k |
S.v.p./human Resources Key Employee Median to 75th percentilevs Public & Societal Benefit peers nationwide | $237k | $8k | $2k | $18k | $265k $293k |
V.p./collections Highest Compensated Employee 75th to 90th percentile | $199k | $19k | $3k | $17k | $238k $263k |
V.p./internal Audit Highest Compensated Employee Median to 75th percentile | $170k | $16k | $2k | $9k | $198k $218k |
V.p./branch Operations Highest Compensated Employee Median to 75th percentile | $149k | $15k | $970 | $26k | $191k $211k |
V.p./residential Lending Highest Compensated Employee Median to 75th percentile | $136k | $14k | $1k | $25k | $176k $194k |
V.p./loan Administration Highest Compensated Employee Median to 75th percentile | $144k | $9k | $210 | $17k | $171k $189k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 10 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at LBS FINANCIAL CREDIT UNION equaled 1% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LBS FINANCIAL CREDIT UNION
What does the Chief Executive Officer of LBS FINANCIAL CREDIT UNION earn?
In 2023, the Chief Executive Officer of LBS FINANCIAL CREDIT UNION received $965,594 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal Benefit organizations in California: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at LBS FINANCIAL CREDIT UNION compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations in California, the 2023 pay of the Chief Executive Officer at LBS FINANCIAL CREDIT UNION falls in the top 10%. In 2023, the highest total compensation at LBS FINANCIAL CREDIT UNION equaled 1% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are LBS FINANCIAL CREDIT UNION's revenue and expenses?
In 2023, LBS FINANCIAL CREDIT UNION reported $79.4M in total revenue and $65M in total expenses on its IRS Form 990.
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