TO PROVIDE OUR MEMBERS WITH AN INNOVATIVE AND QUALITY FULL SERVICE FINANCIAL SYSTEM.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $214k
- Bonus
- —
- Other
- —
- Benefits
- $30k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Presidentceo 75th to 90th percentile | $214k | — | — | $30k | $260k $275k |
VP Retail Operations Board Vice President Median to 75th percentile | — | — | — | — | $131k $138k |
Lending Manager Officer (Unspecified) | — | — | — | — | $115k $122k |
Accounting Manager 25th percentile to median | — | — | — | — | $105k $110k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 7 unpaid individuals.
Up 3%
from 2023
From $253k in 2023 to $260k in 2024.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 3% from 2023 to 2024, while revenue rose 8%.
- Board Vice President pay rose 3% from 2023 to 2024.
- Accounting Manager pay rose 3% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
THE LOCAL CREDIT UNION reported revenue and expenses across 2 filing years.
Common questions about THE LOCAL CREDIT UNION
What does the Chief Executive Officer of THE LOCAL CREDIT UNION earn?
In 2024, the Chief Executive Officer of THE LOCAL CREDIT UNION received $260,368 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 THE LOCAL 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 THE LOCAL CREDIT UNION falls between the 75th and 90th percentiles.
What are THE LOCAL CREDIT UNION's revenue and expenses?
In 2024, THE LOCAL CREDIT UNION reported $5.7M in total revenue and $5.4M in total expenses on its IRS Form 990.
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