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Filing year 2024

NORTHWESTERN MUTUAL CREDIT UNION

Milwaukee, Wisconsin·EIN 39-0509565·501(c)(14)
Total revenue
$9.4M
Total assets
$246.2M
Total expenses
$8.4M
Reported officers
13
Mission

TO PROVIDE COMPETITIVE AND CONVENIENT FINANCIAL PRODUCTS ALONG WITH OUTSTANDING SERVICE TO THE NORTHWESTERN MUTUAL COMMUNITY. TO STRIVE TO OFFER A PRODUCT MIX THAT ALLOWS MEMBERS TO VIEW THE CREDIT UNION AS THEIR PRIMARY FINANCIAL INSTITUTION AND A VALUED EMPLOYEE BENEFIT.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

President
25th percentile to median
$43k
$46k
Vice President
25th percentile to median
$23k
$25k

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 11 unpaid individuals.

Up 39%
from 2023

From $31k in 2023 to $43k in 2024.

$31k
2023
$43k
2024
In today's dollarsEst.
Up 35% in real terms$34k to $46k

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 39% from 2023 to 2024, while revenue rose 27%.

$31k in 2023 to $43k in 2024.
  • Vice President pay rose 42% 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

NORTHWESTERN MUTUAL CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.3M
$7.1M
2023
$9.4M
$8.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NORTHWESTERN MUTUAL CREDIT UNION

What does the Chief Executive Officer of NORTHWESTERN MUTUAL CREDIT UNION earn?

In 2024, the Chief Executive Officer of NORTHWESTERN MUTUAL CREDIT UNION received $42,712 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NORTHWESTERN MUTUAL 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 NORTHWESTERN MUTUAL CREDIT UNION falls between the 25th percentile and the median.

What are NORTHWESTERN MUTUAL CREDIT UNION's revenue and expenses?

In 2024, NORTHWESTERN MUTUAL CREDIT UNION reported $9.4M in total revenue and $8.4M in total expenses on its IRS Form 990.

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