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Filing year 2024

RHODE ISLAND CREDIT UNION

Providence, Rhode Island·EIN 05-0252335·501(c)(14)
Total revenue
$22.2M
Total assets
$411.1M
Total expenses
$18.8M
Reported officers
19
Mission

Rhode Island Credit Union provides financial services to members

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 19 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
75th to 90th percentile
$296k
$320k
Base
$269k
Bonus
Other
Benefits
$11k
Executive Vice President/coo
75th to 90th percentile
$227k
$245k
Base
$204k
Bonus
Other
Benefits
$11k
Senior Vice President CFO
75th to 90th percentile
$211k
$228k
Base
$156k
Bonus
Other
Benefits
$11k
Vp/it
Highest Compensated Employee
Median to 75th percentile
$196k
$211k
Base
$131k
Bonus
Other
Benefits
$26k
Svp/crmo
Key Employee
Median to 75th percentile
$193k
$209k
Base
$144k
Bonus
Other
Benefits
$11k
Senior Vp/clo
Key Employee
Median to 75th percentile
$176k
$190k
Base
$130k
Bonus
Other
Benefits
$26k
Consumer Loan Operations Manager
Operations Manager
Median to 75th percentile
$157k
$170k
Base
$110k
Bonus
Other
Benefits
$26k
In House Attorney
Highest Compensated Employee
25th percentile to median
$157k
$169k
Base
$114k
Bonus
Other
Benefits
$26k
Consumer Loan Origination Manager
Highest Compensated Employee
25th percentile to median
$140k
$151k
Network Manager
Highest Compensated Employee
25th percentile to median
$135k
$146k
Board Chair
25th percentile to median
$20k
$21k
Director
Board Member
Median to 75th percentile
$18k
$19k
Board Member
Median to 75th percentile
$18k
$19k
Board Treasurer
75th to 90th percentile
$18k
$19k
Assistant Treasurer
Board Treasurer
75th to 90th percentile
$18k
$19k
Board Member
Median to 75th percentile
$17k
$19k
First Vice Chair
Board Chair
25th percentile to median
$17k
$19k
Board Member
25th percentile to median
$15k
$16k
Director
Board Member
25th percentile to median
$14k
$15k

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.

Up 1%
from 2023

From $293k in 2023 to $296k in 2024.

$293k
2023
$296k
2024
In today's dollarsEst.
Down 2% in real terms$327k to $320k

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

Chief Executive Officer pay rose 1% from 2023 to 2024, while revenue rose 34%.

$293k in 2023 to $296k in 2024.
  • Highest Compensated Employee pay rose 11% from 2023 to 2024.
  • Key Employee pay fell 4% 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

RHODE ISLAND CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$16.6M
$16.7M
2023
$22.2M
$18.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about RHODE ISLAND CREDIT UNION

What does the Chief Executive Officer of RHODE ISLAND CREDIT UNION earn?

In 2024, the Chief Executive Officer of RHODE ISLAND CREDIT UNION received $295,950 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at RHODE ISLAND 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 RHODE ISLAND CREDIT UNION falls between the 75th and 90th percentiles.

What are RHODE ISLAND CREDIT UNION's revenue and expenses?

In 2024, RHODE ISLAND CREDIT UNION reported $22.2M in total revenue and $18.8M in total expenses on its IRS Form 990.

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