THE OBJECTIVE AND PURPOSE OF THIS CREDIT UNION IS A COOPERATIVE NONPROFIT ASSOCIATION ORGANIZED UNDER THE LAWS OF THE STATE OF FLORIDA, FOR THE PURPOSES OF ENCOURAGING THRIFT AMONG ITS MEMBERS, CREATING SOURCES OF CREDIT AT FAIR AND REASONABLE RATES OF INTEREST, AND PROVIDING AN OPPORTUNITY FOR ITS MEMBERS TO USE AND CONTROL THEIR RESOURCES ON A DEMOCRATIC BASIS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION.
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 Public & Societal Benefit organizations nationwide.
- Base
- $228k
- Bonus
- $43k
- Other
- $11k
- Benefits
- $7k
- Base
- $122k
- Bonus
- $30k
- Other
- $9k
- Benefits
- $4k
- Base
- $134k
- Bonus
- $10k
- Other
- $4k
- Benefits
- $4k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO 75th to 90th percentilevs Public & Societal Benefit peers in Florida | $228k | $43k | $11k | $7k | $409k $434k |
SVP Lending Senior Vice President 10th to 25th percentile | $122k | $30k | $9k | $4k | $176k $188k |
CFO Median to 75th percentile | $134k | $10k | $4k | $4k | $167k $177k |
VP of Compliance Board Vice President 25th percentile to median | — | — | — | — | $129k $137k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 9 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at MEMORIAL EMPLOYEES FINANCIAL CREDIT UNION equaled 10% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 38%
from 2023
From $295k in 2023 to $409k in 2024.
Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 38% from 2023 to 2024, while revenue rose 43%.
- Senior Vice President pay rose 99% from 2023 to 2024.
- Chief Financial Officer pay rose 41% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MEMORIAL EMPLOYEES FINANCIAL CREDIT UNION
What does the Chief Executive Officer of MEMORIAL EMPLOYEES FINANCIAL CREDIT UNION earn?
In 2024, the Chief Executive Officer of MEMORIAL EMPLOYEES FINANCIAL CREDIT UNION received $408,673 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Public & Societal Benefit organizations in Florida, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MEMORIAL EMPLOYEES FINANCIAL CREDIT UNION compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations in Florida, the 2024 pay of the Chief Executive Officer at MEMORIAL EMPLOYEES FINANCIAL CREDIT UNION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at MEMORIAL EMPLOYEES FINANCIAL CREDIT UNION equaled 10% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are MEMORIAL EMPLOYEES FINANCIAL CREDIT UNION's revenue and expenses?
In 2024, MEMORIAL EMPLOYEES FINANCIAL CREDIT UNION reported $4.3M in total revenue and $4.1M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit CFO Salary
What nonprofit CFOs earn, what drives the number, and how to use public compensation data in a job search or negotiation.
Read moreNonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read moreHow to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read more