REGULATED BY THE NYS DEPARTMENT OF FINANCIAL SERVICES, WE PROVIDE BANKING SERVICES TO AN 8 COUNTY DEMOGRAPHIC.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations in New York.
- Base
- $402k
- Bonus
- —
- Other
- $25k
- Benefits
- $13k
- Base
- $228k
- Bonus
- —
- Other
- $12k
- Benefits
- $19k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $402k | — | $25k | $13k | $699k $755k |
CFO 75th to 90th percentilevs Public & Societal Benefit peers nationwide | $228k | — | $12k | $19k | $273k $295k |
Vice Chair Board Vice Chair 25th percentile to medianvs all sectors nationwide | — | — | — | — | $7k $8k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 16 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at NORTHERN CREDIT UNION equaled 2% 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 32%
from 2023
From $531k in 2023 to $699k in 2024.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 32% from 2023 to 2024, while revenue rose 6%.
- Chief Financial Officer pay fell 3% from 2023 to 2024.
- Board Vice Chair pay fell 6% 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 NORTHERN CREDIT UNION
What does the Chief Executive Officer of NORTHERN CREDIT UNION earn?
In 2024, the Chief Executive Officer of NORTHERN CREDIT UNION received $698,799 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal Benefit organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NORTHERN CREDIT UNION compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations in New York, the 2024 pay of the Chief Executive Officer at NORTHERN CREDIT UNION falls in the top 10%. In 2024, the highest total compensation at NORTHERN CREDIT UNION equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are NORTHERN CREDIT UNION's revenue and expenses?
In 2024, NORTHERN CREDIT UNION reported $43.6M in total revenue and $42M in total expenses on its IRS Form 990.
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