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Filing year 2024

MEMBERS 1ST CREDIT UNION

Redding, California·EIN 94-0362026·501(c)(14)
Total revenue
$17.1M
Total assets
$340.7M
Total expenses
$13.7M
Reported officers
22
Mission

A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT ANDSAVINGS 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, MEMBERS 1ST CREDIT UNIONCONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICESOF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

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

Ceo/president
Above 90th percentile
$406k
$432k
Base
$241k
Bonus
$133k
Other
Benefits
$21k
CFO
Above 90th percentile
$309k
$328k
Base
$183k
Bonus
$12k
Other
$76k
Benefits
$19k
VP of Lending
Board Vice President
75th to 90th percentile
$242k
$258k
Base
$141k
Bonus
$9k
Other
$69k
Benefits
$14k
VP of IT
Board Vice President
75th to 90th percentile
$225k
$239k
Base
$133k
Bonus
$8k
Other
$75k
Benefits
VP of Marketing/hr
Board Vice President
75th to 90th percentile
$223k
$238k
Base
$130k
Bonus
$8k
Other
$74k
Benefits
$3k
VP of Operatiions
Board Vice President
Median to 75th percentile
$142k
$151k
Indirect Loan Manager
Highest Compensated Employee
25th percentile to median
$131k
$139k
Regional Manager
Highest Compensated Employee
10th to 25th percentile
$110k
$117k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Up 42%
from 2023

From $287k in 2023 to $406k in 2024.

$287k
2023
$406k
2024
In today's dollarsEst.
Up 38% in real terms$314k to $432k

Estimated with BLS CPI-U for the West 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 42% from 2023 to 2024, while revenue rose 16%.

$287k in 2023 to $406k in 2024.
  • Chief Financial Officer pay rose 52% from 2023 to 2024.
  • Board Vice President pay rose 52% from 2023 to 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

MEMBERS 1ST CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$14.8M
$12M
2023
$17.1M
$13.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MEMBERS 1ST CREDIT UNION

What does the Chief Executive Officer of MEMBERS 1ST CREDIT UNION earn?

In 2024, the Chief Executive Officer of MEMBERS 1ST CREDIT UNION received $405,872 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 MEMBERS 1ST 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 MEMBERS 1ST CREDIT UNION falls in the top 10%.

What are MEMBERS 1ST CREDIT UNION's revenue and expenses?

In 2024, MEMBERS 1ST CREDIT UNION reported $17.1M in total revenue and $13.7M in total expenses on its IRS Form 990.

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