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Filing year 2024

MEMBERS1ST COMMUNITY CREDIT UNION

Ames, Iowa·EIN 42-0894163·501(c)(14)
Total revenue
$15.9M
Total assets
$271.1M
Total expenses
$14.1M
Reported officers
14
Mission

THE CREDIT UNION IS A FINANCIAL COOPERATIVE THAT PROVIDES DEPOSIT, LOAN, AND OTHER FINANCIAL SERVICES TO OUR MEMBER OWNERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

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

CEO
75th to 90th percentile
$286k
$308k
Base
$246k
Bonus
$6k
Other
Benefits
$14k
CFO
Median to 75th percentile
$157k
$169k
Base
$133k
Bonus
$4k
Other
Benefits
$8k
Vice President of Lending
Vice President
75th to 90th percentile
$138k
$149k
Director of Business Services
Highest Compensated Employee
10th to 25th percentile
$112k
$121k

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 40%
from 2023

From $204k in 2023 to $286k in 2024.

$204k
2023
$286k
2024
In today's dollarsEst.
Up 36% in real terms$226k to $308k

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 51% from 2023 to 2024, while revenue rose 33%.

$189k in 2023 to $286k in 2024.
  • Chief Financial Officer pay rose 98% from 2023 to 2024.
  • Vice President pay fell 32% 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

MEMBERS1ST COMMUNITY CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$12M
$10.6M
2023
$15.9M
$14.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MEMBERS1ST COMMUNITY CREDIT UNION

What does the Chief Executive Officer of MEMBERS1ST COMMUNITY CREDIT UNION earn?

In 2024, the Chief Executive Officer of MEMBERS1ST COMMUNITY CREDIT UNION received $286,004 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MEMBERS1ST COMMUNITY 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 MEMBERS1ST COMMUNITY CREDIT UNION falls between the 75th and 90th percentiles.

What are MEMBERS1ST COMMUNITY CREDIT UNION's revenue and expenses?

In 2024, MEMBERS1ST COMMUNITY CREDIT UNION reported $15.9M in total revenue and $14.1M in total expenses on its IRS Form 990.

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