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Filing year 2023

PROVIDENT CREDIT UNION

Redwood City, California·EIN 94-1482957·501(c)(14)
Total revenue
$145.1M
Total assets
$3.5B
Total expenses
$137.8M
Reported officers
31
Mission

A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, PROVIDENT CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2023

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

President/ceo
Above 90th percentile
$1.2M
$1.3M
Base
$879k
Bonus
$196k
Other
$17k
Benefits
$41k
SVP
Senior Vice President
Above 90th percentile
$649k
$706k
Base
$33k
Bonus
$186k
Other
$392k
Benefits
$34k
Svp/cfao
Officer (Unspecified)
$565k
$615k
Base
$392k
Bonus
$95k
Other
$19k
Benefits
$41k
SVP
Senior Vice President
75th to 90th percentile
$456k
$496k
Base
$297k
Bonus
$81k
Other
$9k
Benefits
$46k
Vp, Systems & Tech
Board Vice President
Above 90th percentile
$441k
$480k
Base
$227k
Bonus
$176k
Other
$3k
Benefits
$17k
Vp, Marketing
Board Vice President
Above 90th percentile
$417k
$454k
Base
$262k
Bonus
$69k
Other
$6k
Benefits
$61k
Vp, Lending
Board Vice President
Above 90th percentile
$396k
$432k
Base
$267k
Bonus
$72k
Other
$6k
Benefits
$31k
Vp, Bs&o
Board Vice President
Above 90th percentile
$396k
$431k
Base
$255k
Bonus
$68k
Other
$1k
Benefits
$61k
Vp, Service Quality
Board Vice President
Above 90th percentile
$391k
$426k
Base
$255k
Bonus
$61k
Other
$433
Benefits
$61k
Sr. Mortgage Cons.
Highest Compensated Employee
Above 90th percentile
$383k
$417k
Base
$57k
Bonus
$281k
Other
$1k
Benefits
$16k
Vp,network Infrastructure & Security
Board Vice President
Above 90th percentile
$367k
$399k
Base
$293k
Bonus
$25k
Other
$2k
Benefits
$41k
Vp, Human Resources
Board Vice President
75th to 90th percentile
$314k
$341k
Base
$226k
Bonus
$20k
Other
$2k
Benefits
$61k
Mortgage Production Sales Manager
Highest Compensated Employee
75th to 90th percentile
$295k
$321k
Base
$102k
Bonus
$165k
Other
$2k
Benefits
$13k
Vp, Risk Management
Board Vice President
75th to 90th percentile
$270k
$294k
Base
$178k
Bonus
$47k
Other
$6k
Benefits
$22k
Vp, Finance
Board Vice President
75th to 90th percentile
$259k
$283k
Base
$195k
Bonus
$17k
Other
$4k
Benefits
$32k
Sr. Mortgage Cons.
Highest Compensated Employee
75th to 90th percentile
$242k
$263k
Base
$50k
Bonus
$158k
Other
$127
Benefits
$18k
Mortgage Counselor I
Highest Compensated Employee
Median to 75th percentile
$221k
$240k
Base
$53k
Bonus
$154k
Other
$59
Benefits
$3k
Sr. Mortgage Cons.
Highest Compensated Employee
Median to 75th percentile
$211k
$230k
Base
$52k
Bonus
$113k
Other
$1k
Benefits
$33k

Teal figures restate each filed amount in 2026 dollars.

Estimated with San Francisco-Oakland-Hayward, CA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

FAQ

Common questions about PROVIDENT CREDIT UNION

What does the Chief Executive Officer of PROVIDENT CREDIT UNION earn?

In 2023, the Chief Executive Officer of PROVIDENT CREDIT UNION received $1,158,978 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PROVIDENT CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at PROVIDENT CREDIT UNION falls in the top 10%.

What are PROVIDENT CREDIT UNION's revenue and expenses?

In 2023, PROVIDENT CREDIT UNION reported $145.1M in total revenue and $137.8M in total expenses on its IRS Form 990.

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PROVIDENT CREDIT UNION | Executive Pay $211k-$1.2M | Lucido