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Filing year 2024

People's Credit Union

Middletown, Rhode Island·EIN 05-0198580·501(c)(14)
Total revenue
$35M
Total assets
$747M
Total expenses
$34.5M
Reported officers
20
Mission

The priority of People's Credit Union is to offer value added products and services for the benefit of our existing and prospective members. We are committed to providing convenient delivery of our products and services in a friendly, welcoming, and responsive environment. To ensure ongoing confidence and trust, we will continue to promote our financial strength as an organization.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 20 reported individuals · Filing year 2024

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

Head of People's Credit Union
Officer (Unspecified)
$474k
$512k
Base
$445k
Bonus
Other
$6k
Benefits
Head of Member Delivery & Marketing
Highest Compensated Employee
75th to 90th percentile
$277k
$299k
Base
$226k
Bonus
$105
Other
$10k
Benefits
$24k
Past Head of Finance & Risk
Officer (Unspecified)
$267k
$289k
Base
$74k
Bonus
Other
$176k
Benefits
$5k
Head of Lending
Highest Compensated Employee
75th to 90th percentile
$263k
$284k
Base
$234k
Bonus
Other
$4k
Benefits
$18k
Head of HR & Talent
Highest Compensated Employee
Median to 75th percentile
$221k
$238k
Base
$178k
Bonus
Other
$1k
Benefits
$27k
Head of Is & Technology
Highest Compensated Employee
Median to 75th percentile
$180k
$194k
Base
$160k
Bonus
Other
$779
Benefits
$7k
Head of Finance & Risk
Officer (Unspecified)
$167k
$180k
Base
$159k
Bonus
Other
$2k
Benefits
$1k
Head of Mortgage Operations
Highest Compensated Employee
25th percentile to median
$132k
$142k
Board Chair
25th percentile to median
$15k
$16k
Board Secretary
Median to 75th percentile
$13k
$14k
Board Treasurer
Median to 75th percentile
$12k
$13k
Board Vice Chair
Board Chair
25th percentile to median
$12k
$13k
Board Member
25th percentile to median
$11k
$12k
Board Member
25th percentile to median
$11k
$12k
Board Member
25th percentile to median
$11k
$12k
Board Member
25th percentile to median
$11k
$12k
Board Member
25th percentile to median
$11k
$12k
Board Member
25th percentile to median
$8k
$8k
Board Member
25th percentile to median
$7k
$8k
Past Board Member
Board Member
10th to 25th percentile
$3k
$3k

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.

Down 20%
from 2023

From $591k in 2023 to $474k in 2024.

$591k
2023
$474k
2024
In today's dollarsEst.
Down 22% in real terms$659k to $512k

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.

Pay for the position

Highest Compensated Employee pay fell 8% from 2023 to 2024, while revenue rose 16%.

$302k in 2023 to $277k in 2024.
  • Board Chair pay rose 3% from 2023 to 2024.
  • Board Secretary pay held roughly steady 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

People's Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$30.3M
$28.8M
2023
$35M
$34.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about People's Credit Union

What does the Highest Compensated Employee of People's Credit Union earn?

In 2024, the Highest Compensated Employee of People's Credit Union received $276,833 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at People's Credit Union compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at People's Credit Union falls between the 75th and 90th percentiles.

What are People's Credit Union's revenue and expenses?

In 2024, People's Credit Union reported $35M in total revenue and $34.5M in total expenses on its IRS Form 990.

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