TO PROVIDE LENDING, SAVINGS, AND OTHER FINANCIAL SERVICES TO ITS QUALIFYING MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A "SERVICE-BASED EMPHASIS" THAT RECOGNIZES THE MEMBERS' STATUS AS "OWNER".
Executive compensation, broken down
Form 990 · Schedule J · 9 reported individuals · Filing year 2024
- Base
- $198k
- Bonus
- $23k
- Other
- $110k
- Benefits
- $941
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President | $198k | $23k | $110k | $941 | $346k $372k |
CFO | — | — | — | — | $149k $160k |
Director board member | — | — | — | — | $1k $1k |
Vice Chairman board vice chair | — | — | — | — | $1k $1k |
Director board member | — | — | — | — | $1k $1k |
Chair board chair | — | — | — | — | $1k $1k |
Director board member | — | — | — | — | $1k $1k |
Director board member | — | — | — | — | $900 $968 |
Secretary officer (unspecified) | — | — | — | — | $700 $753 |
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.
Up 58%
from 2023
From $220k in 2023 to $346k in 2024.
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.
Revenue and expenses over time
RED WING CREDIT UNION reported revenue and expenses across 2 filing years.
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