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Filing year 2024

REDWOOD CREDIT UNION

Santa Rosa, California·EIN 94-1244186·501(c)(14)
Total revenue
$504M
Total assets
$9.1B
Total expenses
$388.2M
Reported officers
33
Mission

PASSIONATELY SERVING THE BEST INTERESTS OF OUR MEMBERS, EMPLOYEES, AND COMMUNITIES. SERVING ALL OF OUR MEMBERS FINANCIAL SERVICE NEEDS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2024

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

President/ceo
Above 90th percentile
$2.3M
$2.5M
Base
$914k
Bonus
$565k
Other
$323k
Benefits
Evp/chief Admin Officer
Officer (Unspecified)
$1.4M
$1.5M
Base
$538k
Bonus
$430k
Other
$47k
Benefits
$10k
Wealth Advisor
Highest Compensated Employee
Above 90th percentile
$1.1M
$1.1M
Base
$64k
Bonus
$983k
Other
$6k
Benefits
Evp/chief Lending Officer
Officer (Unspecified)
$994k
$1.1M
Base
$506k
Bonus
$172k
Other
$88k
Benefits
$13k
External Mortgage Loan Off
Highest Compensated Employee
Above 90th percentile
$866k
$922k
Base
$34k
Bonus
$810k
Other
Benefits
$6k
Evp/chief Op & Risk Office
Officer (Unspecified)
$812k
$865k
Base
$435k
Bonus
$122k
Other
$38k
Benefits
$11k
Evp/chief Financial Officer
Officer (Unspecified)
$727k
$774k
Base
$351k
Bonus
$220k
Other
$557
Benefits
$16k
Wealth Advisor
Highest Compensated Employee
Above 90th percentile
$700k
$745k
Base
$40k
Bonus
$638k
Other
Benefits
$5k
Evp/chief Lending Officer (thru 6/24)
Key Employee
Above 90th percentile
$692k
$737k
Base
$228k
Bonus
$227k
Other
$183k
Benefits
$4k
Svp/auto, Insurance & Wealth (thru 10/31/24)
Key Employee
Above 90th percentile
$618k
$658k
Base
$377k
Bonus
$61k
Other
$36k
Benefits
Svp/member Experience
Key Employee
Above 90th percentile
$567k
$604k
Base
$319k
Bonus
$50k
Other
$18k
Benefits
$8k
Svp/payments
Key Employee
Above 90th percentile
$538k
$573k
Base
$299k
Bonus
$64k
Other
$18k
Benefits
$9k
Former Svp/people (term 02/17/
Former Officer/director/trustee
Above 90th percentile
$536k
$570k
Base
Bonus
Other
$529k
Benefits
$7k
Svp/consumer Lending & Len
Key Employee
Above 90th percentile
$503k
$535k
Base
$280k
Bonus
$58k
Other
$36k
Benefits
Wealth Advisor
Highest Compensated Employee
Above 90th percentile
$486k
$518k
Base
$62k
Bonus
$398k
Other
Benefits
$8k
External Mortgage Loan Off
Highest Compensated Employee
Above 90th percentile
$456k
$486k
Base
$38k
Bonus
$403k
Other
$645
Benefits
$1k
Svp/enterprise Risk (thru 10/04/24)
Key Employee
Above 90th percentile
$417k
$444k
Base
$252k
Bonus
$28k
Other
$76k
Benefits
$13k
Svp/auto, Insurance & Wealth
Key Employee
Above 90th percentile
$393k
$418k
Base
$239k
Bonus
$125k
Other
Benefits
$12k
SVP of IT
Senior Vice President
75th to 90th percentile
$369k
$393k
Base
$282k
Bonus
$33k
Other
$30k
Benefits
$10k
External Mortgage Loan Off
Key Employee
75th to 90th percentile
$364k
$387k
Base
$34k
Bonus
$319k
Other
Benefits
$6k
SVP of Business Services
Senior Vice President
Median to 75th percentile
$353k
$376k
Base
$296k
Bonus
$32k
Other
Benefits
$12k
Evp/chief Info Officer (thru 03/24)
Officer (Unspecified)
$173k
$185k
Base
$132k
Bonus
$32k
Other
Benefits
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Down 27%
from 2023

From $3.2M in 2023 to $2.3M in 2024.

$3.2M
2023
$2.3M
2024
In today's dollarsEst.
Down 29% in real terms$3.5M to $2.5M

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 27% from 2023 to 2024, while revenue rose 19%.

$3.2M in 2023 to $2.3M in 2024.
  • Highest Compensated Employee pay rose 20% from 2023 to 2024.
  • Key Employee pay fell 18% 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

REDWOOD CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$423M
$297.3M
2023
$504M
$388.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about REDWOOD CREDIT UNION

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

In 2024, the Chief Executive Officer of REDWOOD CREDIT UNION received $2,321,537 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 REDWOOD CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at REDWOOD CREDIT UNION falls in the top 10%.

What are REDWOOD CREDIT UNION's revenue and expenses?

In 2024, REDWOOD CREDIT UNION reported $504M in total revenue and $388.2M in total expenses on its IRS Form 990.

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