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Filing year 2024

OAK FARMS EMPLOYEES CREDIT UNION

Houston, Texas·EIN 74-1547630·501(c)(14)
Total revenue
$334k
Total assets
$4.3M
Total expenses
$295k
Reported officers
7
Mission

THE CREDIT UNION WAS ORGANIZED FOR THE PURPOSE OF ENCOURAGING THRIFT AMONG ITS MEMBERS, PROVIDING CREDIT AT FAIR AND REASONABLE RATES OF INTEREST, AND AN OPPORTUNITY TO IMPROVE THEIR ECONOMIC CONDITION.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Ceo/treasurer
Key Employee
25th percentile to median
$65k
$68k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Up 4%
from 2023

From $62k in 2023 to $65k in 2024.

$62k
2023
$65k
2024
In today's dollarsEst.
Up 1% in real terms$67k to $68k

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay rose 4% from 2023 to 2024, while revenue rose 4%.

$62k in 2023 to $65k in 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

OAK FARMS EMPLOYEES CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$321k
$308k
2023
$334k
$295k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about OAK FARMS EMPLOYEES CREDIT UNION

What does the Key Employee of OAK FARMS EMPLOYEES CREDIT UNION earn?

In 2024, the Key Employee of OAK FARMS EMPLOYEES CREDIT UNION received $64,896 in total compensation. This pay is below the median (the midpoint) for Key Employee roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at OAK FARMS EMPLOYEES CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Key Employee at OAK FARMS EMPLOYEES CREDIT UNION falls between the 25th percentile and the median.

What are OAK FARMS EMPLOYEES CREDIT UNION's revenue and expenses?

In 2024, OAK FARMS EMPLOYEES CREDIT UNION reported $334k in total revenue and $295k in total expenses on its IRS Form 990.

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