To encourage thrift among members, to create a source of credit at a reasonable rate of interest, and to provide an opportunity for members to use and control their own money in order to improve their economic conditions.
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 Public & Societal Benefit organizations nationwide.
| Position | Total |
|---|---|
Director Board Member Median to 75th percentile | $28k $30k |
Manager Officer (Unspecified) | $9k $10k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 10 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Oak Lawn Municipal Employees Credit Union equaled 19% 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 10%
from 2023
From $26k in 2023 to $28k in 2024.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay rose 10% from 2023 to 2024, while revenue rose 32%.
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 Oak Lawn Municipal Employees Credit Union
What does the Board Member of Oak Lawn Municipal Employees Credit Union earn?
In 2024, the Board Member of Oak Lawn Municipal Employees Credit Union received $27,985 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Public & Societal Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at Oak Lawn Municipal Employees Credit Union compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Board Member at Oak Lawn Municipal Employees Credit Union falls between the median and the 75th percentile. In 2024, the highest total compensation at Oak Lawn Municipal Employees Credit Union equaled 19% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are Oak Lawn Municipal Employees Credit Union's revenue and expenses?
In 2024, Oak Lawn Municipal Employees Credit Union reported $180k in total revenue and $144k in total expenses on its IRS Form 990.
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