YOUR SUCCESSFUL FINANCIAL JOURNEY IS OUR PASSION.
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.
- Base
- $147k
- Bonus
- —
- Other
- —
- Benefits
- $35k
- Base
- $131k
- Bonus
- $19k
- Other
- —
- Benefits
- $17k
- Base
- $117k
- Bonus
- —
- Other
- —
- Benefits
- $39k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
SVP Business Lending Senior Vice President 25th percentile to median | $147k | — | — | $35k | $195k $210k |
President/ceo 75th to 90th percentile | $131k | $19k | — | $17k | $180k $194k |
VP Finance Board Vice President Median to 75th percentile | $117k | — | — | $39k | $168k $181k |
VP Lending & Marketing Board Vice President Median to 75th percentile | — | — | — | — | $144k $155k |
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 7 unpaid individuals.
Down 14%
from 2023
From $227k in 2023 to $195k in 2024.
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.
Senior Vice President pay rose 23% from 2023 to 2024, while revenue rose 24%.
- Chief Executive Officer pay fell 20% from 2023 to 2024.
- Board Vice President pay rose 24% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
MINNESOTA POWER EMPLOYEES CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about MINNESOTA POWER EMPLOYEES CREDIT UNION
What does the Senior Vice President of MINNESOTA POWER EMPLOYEES CREDIT UNION earn?
In 2024, the Senior Vice President of MINNESOTA POWER EMPLOYEES CREDIT UNION received $195,122 in total compensation. This pay is below the median (the midpoint) for Senior Vice President roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Senior Vice President pay at MINNESOTA POWER EMPLOYEES CREDIT UNION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Senior Vice President at MINNESOTA POWER EMPLOYEES CREDIT UNION falls between the 25th percentile and the median.
What are MINNESOTA POWER EMPLOYEES CREDIT UNION's revenue and expenses?
In 2024, MINNESOTA POWER EMPLOYEES CREDIT UNION reported $8.5M in total revenue and $7.3M in total expenses on its IRS Form 990.
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