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Filing year 2024

MADISON FIRE DEPARTMENT CREDIT UNION

Madison, Wisconsin·EIN 39-6050254·14
Total revenue
$250k
Total assets
$5.1M
Total expenses
$193k
Reported officers
6
Mission

WE ARE COMMITTED TO PROVIDING ITS MEMBERS SOUND AND DEPENDABLE FINANCIAL SERVICE, AN ENVIRONMENT WHERE MEMBERS CAN INTERACT WITH MUTUAL TRUST, RESPECT AND DIGNITY BY CREATING A SENSE OF PRIDE AND OWNERSHIP. THE CREDIT UNION WILL PROVIDE LOANS IN A PRUDENT, SOUND AND DISCREET MANNER IN ACCORDANCE WITH THE WRITTEN POLICY. ALL MEMBERS WILL RECEIVE A FAIR AND COMPETITIVE RETURN ON THEIR INVESTMENTS, WHILE WE MAINTAIN THE FINANCIAL STABILITY OF THE CREDIT UNION.

Executive compensation

Form 990 · 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.

President
25th percentile to median
$50k
$54k

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 5 unpaid individuals.

Up 3%
from 2023

From $49k in 2023 to $50k in 2024.

$49k
2023
$50k
2024
In today's dollarsEst.
Roughly flat in real terms$54k to $54k

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.

Pay for the position

Chief Executive Officer pay rose 3% from 2023 to 2024, while revenue rose 16%.

$49k in 2023 to $50k 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

MADISON FIRE DEPARTMENT CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$215k
$152k
2023
$250k
$193k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MADISON FIRE DEPARTMENT CREDIT UNION

What does the Chief Executive Officer of MADISON FIRE DEPARTMENT CREDIT UNION earn?

In 2024, the Chief Executive Officer of MADISON FIRE DEPARTMENT CREDIT UNION received $50,270 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MADISON FIRE DEPARTMENT 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 MADISON FIRE DEPARTMENT CREDIT UNION falls between the 25th percentile and the median.

What are MADISON FIRE DEPARTMENT CREDIT UNION's revenue and expenses?

In 2024, MADISON FIRE DEPARTMENT CREDIT UNION reported $250k in total revenue and $193k in total expenses on its IRS Form 990.

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