A NONPROFIT MEMBER-OWNED THRIFT INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO INDIVIDUALS. OPERATIONS ARE PRIMARILY RELATED TO HOLDING DEPOSIT FOR AND MAKING LOANS TO MEMBERS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $252k
- Bonus
- $68k
- Other
- —
- Benefits
- $1k
- Base
- $161k
- Bonus
- $28k
- Other
- —
- Benefits
- $2k
- Base
- $155k
- Bonus
- $33k
- Other
- —
- Benefits
- $2k
- Base
- —
- Bonus
- $179k
- Other
- —
- Benefits
- $1k
- Base
- $125k
- Bonus
- $22k
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo Above 90th percentile | $252k | $68k | — | $1k | $330k $365k |
Cheif Financial Officer Officer (Unspecified) | $161k | $28k | — | $2k | $195k $216k |
Chief Strategic Officer Key Employee Median to 75th percentile | $155k | $33k | — | $2k | $191k $211k |
Financial Advisor Highest Compensated Employee Median to 75th percentile | — | $179k | — | $1k | $186k $206k |
VP of Information Technolo Board Vice President Median to 75th percentile | $125k | $22k | — | — | $152k $168k |
Mortgage Lender Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $127k $140k |
Chief Revenue Officer Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $117k $129k |
Executive Director Exclamation Median to 75th percentile | — | — | — | — | $116k $129k |
Chair Board Chair 10th to 25th percentile | — | — | — | — | $2k $2k |
Director Board Member Below 10th percentile | — | — | — | — | $755 $834 |
Secretary/treasurer Officer (Unspecified) | — | — | — | — | $690 $762 |
Director Board Member Below 10th percentile | — | — | — | — | $615 $679 |
Director Board Member Below 10th percentile | — | — | — | — | $590 $652 |
Director Board Member Below 10th percentile | — | — | — | — | $590 $652 |
Director Board Member Below 10th percentile | — | — | — | — | $540 $597 |
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.
Common questions about SIMPLICITY CREDIT UNION
What does the Chief Executive Officer of SIMPLICITY CREDIT UNION earn?
In 2023, the Chief Executive Officer of SIMPLICITY CREDIT UNION received $330,230 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 SIMPLICITY 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 SIMPLICITY CREDIT UNION falls in the top 10%.
What are SIMPLICITY CREDIT UNION's revenue and expenses?
In 2023, SIMPLICITY CREDIT UNION reported $26.3M in total revenue and $22.9M in total expenses on its IRS Form 990.
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