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Filing year 2024

CORDA CREDIT UNION

Cedar Rapids, Iowa·EIN 42-0173285·14
Total revenue
$44.2M
Total assets
$686.6M
Total expenses
$39.1M
Reported officers
19
Mission

STATE CHARTERED CREDIT UNION

Executive compensation, broken down

Form 990 · Schedule J · 9 reported individuals · Filing year 2024

$646k
$695k
Base
$513k
Bonus
$76k
Other
$2k
Benefits
$21k
Base
$236k
Bonus
$32k
Other
Benefits
$13k
Chief Member
key employee
$275k
$296k
Base
$204k
Bonus
$36k
Other
Benefits
$13k
Chief Risk O
key employee
$253k
$272k
Base
$177k
Bonus
$32k
Other
Benefits
$21k
VP Human Res
vice president
$212k
$228k
Base
$162k
Bonus
$31k
Other
Benefits
$501
Dir of Info
highest compensated employee
$159k
$171k
Base
$114k
Bonus
$18k
Other
$825
Benefits
$13k
Dir of Mortg
highest compensated employee
$156k
$168k
Base
$114k
Bonus
$17k
Other
$825
Benefits
$15k
Dir of Comm
highest compensated employee
$149k
$161k
Undrwriting
highest compensated employee
$126k
$136k

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 10 unpaid individuals.

Up 24%
from 2023

From $521k in 2023 to $646k in 2024.

$521k
2023
$646k
2024
In today's dollarsEst.
Up 21% in real terms$576k to $695k

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.

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

Revenue and expenses over time

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

RevenueExpenses
$36M
$29.3M
2023
$44.2M
$39.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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