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Filing year 2024

LUSO-AMERICAN CREDIT UNION

Peabody, Massachusetts·EIN 04-6066641·501(c)(14)
Total revenue
$6M
Total assets
$124.1M
Total expenses
$4.9M
Reported officers
16
Mission

Our mission is to provide our members high quality personalized services and competitive rates.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Assistant Treasurer/ Manager
Median to 75th percentile
$170k
$181k
Base
$120k
Bonus
$18k
Other
Benefits
$24k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 15 unpaid individuals.

Up 7%
from 2023

From $159k in 2023 to $170k in 2024.

$159k
2023
$170k
2024
In today's dollarsEst.
Up 4% in real terms$175k to $181k

Estimated with Boston-Cambridge-Newton, MA-NH 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 Financial Officer pay rose 7% from 2023 to 2024, while revenue rose 8%.

$159k in 2023 to $170k in 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

LUSO-AMERICAN CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.6M
$4M
2023
$6M
$4.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LUSO-AMERICAN CREDIT UNION

What does the Chief Financial Officer of LUSO-AMERICAN CREDIT UNION earn?

In 2024, the Chief Financial Officer of LUSO-AMERICAN CREDIT UNION received $169,989 in total compensation. This pay is above the median (the midpoint) for Chief Financial Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at LUSO-AMERICAN CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Financial Officer at LUSO-AMERICAN CREDIT UNION falls between the median and the 75th percentile.

What are LUSO-AMERICAN CREDIT UNION's revenue and expenses?

In 2024, LUSO-AMERICAN CREDIT UNION reported $6M in total revenue and $4.9M in total expenses on its IRS Form 990.

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