Mission
YOUR SUCCESSFUL FINANCIAL JOURNEY IS OUR PASSION.
Executive compensation, broken down
Form 990 · Schedule J · 4 reported individuals · Filing year 2024
SVP Business Lending
senior vice president
$195k
$210k
- Base
- $147k
- Bonus
- —
- Other
- —
- Benefits
- $35k
President/ceo
$180k
$194k
- Base
- $131k
- Bonus
- $19k
- Other
- —
- Benefits
- $17k
VP Finance
vice president
$168k
$181k
- Base
- $117k
- Bonus
- —
- Other
- —
- Benefits
- $39k
VP Lending & Marketing
vice president
$144k
$155k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
SVP Business Lending senior vice president | $147k | — | — | $35k | $195k $210k |
President/ceo | $131k | $19k | — | $17k | $180k $194k |
VP Finance vice president | $117k | — | — | $39k | $168k $181k |
VP Lending & Marketing vice president | — | — | — | — | $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.
$227k
2023
$195k
2024
$227k
2023
$195k
2024
In today's dollarsEst.
Down 16% in real terms$250k to $210k
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.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
MINNESOTA POWER EMPLOYEES CREDIT UNION reported revenue and expenses across 2 filing years.
RevenueExpenses
$6.9M
$5.8M
2023
$8.5M
$7.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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