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Filing year 2024

MEMBERS COOPERATIVE CREDIT UNION

Duluth, Minnesota·EIN 41-0195345·501(c)(14)
Total revenue
$65.2M
Total assets
$1.2B
Total expenses
$60.6M
Reported officers
22
Mission

TO MAKE OUR COMMUNITIES STRONGER, OUR EMPLOYEES HAPPIER, AND OUR WORLD BETTER.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2024

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

President/ceo
Above 90th percentile
$610k
$657k
Base
$506k
Bonus
Other
$51k
Benefits
$37k
Cio/coo
Key Employee
Above 90th percentile
$475k
$511k
Base
$341k
Bonus
$17k
Other
$55k
Benefits
$33k
Cfo/chro
Officer (Unspecified)
$463k
$499k
Base
$346k
Bonus
$17k
Other
$34k
Benefits
$37k
General Counsel
Key Employee
Above 90th percentile
$395k
$425k
Base
$291k
Bonus
$14k
Other
$34k
Benefits
$26k
Chief Lending Officer
Key Employee
75th to 90th percentile
$372k
$401k
Base
$293k
Bonus
$14k
Other
$27k
Benefits
$9k
VP Marketing
Board Vice President
Median to 75th percentile
$209k
$225k
Base
$183k
Bonus
Other
$60
Benefits
$17k
VP IT
Board Vice President
Median to 75th percentile
$201k
$216k
Base
$175k
Bonus
Other
$90
Benefits
$8k
VP Retail Management
Board Vice President
Median to 75th percentile
$193k
$207k
Base
$160k
Bonus
Other
$90
Benefits
$17k
VP Human Resources
Board Vice President
Median to 75th percentile
$188k
$202k
Base
$163k
Bonus
Other
$258
Benefits
$16k
Mortgage Manager
Highest Compensated Employee
Median to 75th percentile
$183k
$196k
Base
$153k
Bonus
$250
Other
$138
Benefits
$13k
Chair
Board Chair
25th percentile to median
$18k
$19k
Board Vice Chair
Board Chair
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
25th percentile to median
$6k
$6k
Associate Director
Board Member
25th percentile to median
$6k
$6k
Associate Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
25th percentile to median
$5k
$5k
Director
Board Member
10th to 25th percentile
$3k
$3k
Emeritus Director
Board Member
10th to 25th percentile
$3k
$3k
Board Secretary & Treasurer
Board Secretary
25th percentile to median
$2k
$2k

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.

Up 2%
from 2023

From $596k in 2023 to $610k in 2024.

$596k
2023
$610k
2024
In today's dollarsEst.
Roughly flat in real terms$658k to $657k

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 2% from 2023 to 2024, while revenue rose 7%.

$596k in 2023 to $610k in 2024.
  • Key Employee pay rose 10% from 2023 to 2024.
  • Board Vice President pay rose 4% 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 COOPERATIVE CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$60.7M
$60.6M
2023
$65.2M
$60.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MEMBERS COOPERATIVE CREDIT UNION

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

In 2024, the Chief Executive Officer of MEMBERS COOPERATIVE CREDIT UNION received $610,433 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 COOPERATIVE 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 COOPERATIVE CREDIT UNION falls in the top 10%.

What are MEMBERS COOPERATIVE CREDIT UNION's revenue and expenses?

In 2024, MEMBERS COOPERATIVE CREDIT UNION reported $65.2M in total revenue and $60.6M in total expenses on its IRS Form 990.

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