NEW MEXICO STATE-CHARTERED CREDIT UNION PROVIDING FINANCIAL SERVICES TO ITS MEMBERS AS PROVIDED BY THE NEW MEXICO CREDIT UNION ACT.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $490k
- Bonus
- $74k
- Other
- $12k
- Benefits
- $18k
- Base
- $262k
- Bonus
- $32k
- Other
- —
- Benefits
- $22k
- Base
- $260k
- Bonus
- $16k
- Other
- —
- Benefits
- $22k
- Base
- $212k
- Bonus
- $14k
- Other
- —
- Benefits
- $30k
- Base
- $104k
- Bonus
- $62k
- Other
- $40k
- Benefits
- $27k
- Base
- $192k
- Bonus
- $10k
- Other
- —
- Benefits
- $2k
- Base
- $138k
- Bonus
- $10k
- Other
- —
- Benefits
- $28k
- Base
- $127k
- Bonus
- $11k
- Other
- —
- Benefits
- $27k
- Base
- $113k
- Bonus
- $19k
- Other
- —
- Benefits
- $27k
- Base
- $122k
- Bonus
- $6k
- Other
- —
- Benefits
- $12k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo Above 90th percentile | $490k | $74k | $12k | $18k | $594k $650k |
EVP Chief Operations Officer Above 90th percentile | $262k | $32k | — | $22k | $323k $353k |
EVP Chief Information Officer Above 90th percentile | $260k | $16k | — | $22k | $307k $336k |
Chief People Officer Key Employee 75th to 90th percentile | $212k | $14k | — | $30k | $263k $288k |
VP Commerical Lending Board Vice President 75th to 90th percentile | $104k | $62k | $40k | $27k | $247k $271k |
Chief Lending Officer Key Employee Median to 75th percentile | $192k | $10k | — | $2k | $240k $262k |
SVP Retail Engagement Senior Vice President 25th percentile to median | $138k | $10k | — | $28k | $196k $214k |
SVP Marketing & Community Senior Vice President 25th percentile to median | $127k | $11k | — | $27k | $184k $201k |
VP Commerical Lending Board Vice President Median to 75th percentile | $113k | $19k | — | $27k | $163k $179k |
Avp/real Estate Loan Manager Highest Compensated Employee 25th percentile to median | $122k | $6k | — | $12k | $159k $174k |
EVP Chief Financial Off (thru 06/23) Executive Vice President 25th percentile to median | — | — | — | — | $111k $121k |
Chief Financial Officer 25th percentile to median | — | — | — | — | $33k $37k |
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 7 unpaid individuals.
Up 6%
from 2022
From $562k in 2022 to $594k in 2023.
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.
Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue rose 21%.
- Key Employee pay rose 1% from 2022 to 2023.
- Board Vice President pay rose 38% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
STATE EMPLOYEES CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about STATE EMPLOYEES CREDIT UNION
What does the Chief Executive Officer of STATE EMPLOYEES CREDIT UNION earn?
In 2023, the Chief Executive Officer of STATE EMPLOYEES CREDIT UNION received $593,624 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 STATE EMPLOYEES 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 STATE EMPLOYEES CREDIT UNION falls in the top 10%.
What are STATE EMPLOYEES CREDIT UNION's revenue and expenses?
In 2023, STATE EMPLOYEES CREDIT UNION reported $58.4M in total revenue and $48M in total expenses on its IRS Form 990.
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