Skip to main content
Filing year 2023

SOUTHPOINT FINANCIAL CREDIT UNION

Sleepy Eye, Minnesota·EIN 41-0518425·501(c)(14)
Total revenue
$26.1M
Total assets
$524.1M
Total expenses
$24.7M
Reported officers
19
Mission

SOUTHPOINT FINANCIAL CREDIT UNION EMPOWERS MEMBERS TO ACHIEVE THEIR GOALS AND DREAMS BY PROVIDING EXCEPTIONAL SERVICE AND GUIDANCE. WE ASPIRE TO BECOME THE PRIMARY FINANCIAL INSTITUTION FOR MEMBERS, CONTRIBUTE TO THE WELL-BEING OF OUR COMMUNITIES AND MAINTAIN EARNINGS AND RESERVES WHICH PROMOTE SOUND GROWTH AND ENCOURAGE MEMBER CONFIDENCE AND LOYALTY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2023

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

CEO
Above 90th percentile
$308k
$340k
Base
$254k
Bonus
$2k
Other
$18k
Benefits
$18k
CFO
75th to 90th percentile
$204k
$226k
Base
$183k
Bonus
$2k
Other
$672
Benefits
$8k
Chief Experience Officer
Officer (Unspecified)
$186k
$206k
Base
$171k
Bonus
$2k
Other
$4k
Benefits
Chief Operations Officer
Officer (Unspecified)
$186k
$206k
Base
$174k
Bonus
$2k
Other
$642
Benefits
CIO
Chief Information Officer
25th percentile to median
$145k
$160k
Clo
Highest Compensated Employee
25th percentile to median
$141k
$156k
Director of Growth and Revenue
Highest Compensated Employee
10th to 25th percentile
$125k
$138k
Director of Deposits and Members
Highest Compensated Employee
10th to 25th percentile
$124k
$136k
VP of Lending
Board Vice President
25th percentile to median
$120k
$133k
Director
Board Member
25th percentile to median
$6k
$6k
Chairman
Board Chair
10th to 25th percentile
$5k
$5k
Director - Vice Chairman
Board Chair
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director - Secretary
Officer (Unspecified)
$3k
$4k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$2k
$3k
Vice-chairman (part Year)
Officer (Unspecified)
$693
$766

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.

Plus 1 unpaid individual.

FAQ

Common questions about SOUTHPOINT FINANCIAL CREDIT UNION

What does the Chief Executive Officer of SOUTHPOINT FINANCIAL CREDIT UNION earn?

In 2023, the Chief Executive Officer of SOUTHPOINT FINANCIAL CREDIT UNION received $308,201 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 SOUTHPOINT FINANCIAL 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 SOUTHPOINT FINANCIAL CREDIT UNION falls in the top 10%.

What are SOUTHPOINT FINANCIAL CREDIT UNION's revenue and expenses?

In 2023, SOUTHPOINT FINANCIAL CREDIT UNION reported $26.1M in total revenue and $24.7M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.