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Filing year 2024

Safe Credit Union

Folsom, California·EIN 94-1179501·501(c)(14)
Total revenue
$254.7M
Total assets
$4.3B
Total expenses
$230.1M
Reported officers
23
Mission

SAFE Credit Union's Purpose Statement is Building Financial Freedom. SAFE believes in financial freedom. This belief drives our commitment to serving members with knowledge and opportunities to build financial freedom.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 21 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
$1.3M
$1.3M
Base
$682k
Bonus
$205k
Other
$315k
Benefits
$16k
Sr Mortgage Officer
Highest Compensated Employee
Above 90th percentile
$1.1M
$1.2M
Base
$1M
Bonus
$500
Other
$99
Benefits
$32k
Evp/cso
Key Employee
Above 90th percentile
$722k
$769k
Base
$370k
Bonus
$334k
Other
$2k
Benefits
$3k
Sr Mortgage Officer
Highest Compensated Employee
Above 90th percentile
$622k
$662k
Base
$602k
Bonus
Other
$36
Benefits
$6k
Wealth Advisor
Highest Compensated Employee
Above 90th percentile
$562k
$598k
Base
$529k
Bonus
Other
$2k
Benefits
$18k
Evp/clo
Key Employee
Above 90th percentile
$517k
$550k
Base
$409k
Bonus
$69k
Other
$4k
Benefits
$21k
Svp/cto
Key Employee
Above 90th percentile
$508k
$541k
Base
$326k
Bonus
$66k
Other
$83k
Benefits
$20k
Evp/chro
Key Employee
Above 90th percentile
$493k
$525k
Base
$325k
Bonus
$65k
Other
$88k
Benefits
$3k
Evp/cfo
Officer (Unspecified)
$432k
$460k
Base
$346k
Bonus
$69k
Other
$900
Benefits
$3k
Evp/cxo
Key Employee
75th to 90th percentile
$309k
$328k
Base
$256k
Bonus
$36k
Other
$900
Benefits
$11k
Sr Mortgage Officer
Highest Compensated Employee
75th to 90th percentile
$262k
$279k
Base
$250k
Bonus
$500
Other
$436
Benefits
$1k
Mortgage Sales Team Lead
Highest Compensated Employee
25th percentile to median
$151k
$160k
Base
$122k
Bonus
$750
Other
$380
Benefits
$22k
Treasurer, 1st Asst. Secretary
Officer (Unspecified)
$3k
$4k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$2k
$2k
Chairperson
Board Chair
10th to 25th percentile
$2k
$2k
1st Vice Chairperson
Board Chair
10th to 25th percentile
$2k
$2k
Secretary
Officer (Unspecified)
$2k
$2k
Director
Board Member
10th to 25th percentile
$1k
$2k
Director
Board Member
10th to 25th percentile
$1k
$2k
Director
Board Member
Below 10th percentile
$790
$841

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 2 unpaid individuals.

Down 33%
from 2023

From $1.9M in 2023 to $1.3M in 2024.

$1.9M
2023
$1.3M
2024
In today's dollarsEst.
Down 35% in real terms$2.1M to $1.3M

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 rose 23% from 2023 to 2024, while revenue rose 11%.

$1M in 2023 to $1.3M in 2024.
  • Highest Compensated Employee pay fell 42% from 2023 to 2024.
  • Key Employee pay fell 19% 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

Safe Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$229.8M
$211.6M
2023
$254.7M
$230.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Safe Credit Union

What does the Chief Executive Officer of Safe Credit Union earn?

In 2024, the Chief Executive Officer of Safe Credit Union received $1,255,168 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 Safe 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 Safe Credit Union falls in the top 10%.

What are Safe Credit Union's revenue and expenses?

In 2024, Safe Credit Union reported $254.7M in total revenue and $230.1M in total expenses on its IRS Form 990.

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