THRIVENT FINANCIAL FOR LUTHERANS ("THRIVENT") IS A NOT-FOR-PROFIT MEMBERSHIP ORGANIZATION OF CHRISTIANS. FOR MORE THAN A CENTURY, ITS PURPOSE HAS BEEN TO SERVE ITS MEMBERS AND SOCIETY BY GUIDING BOTH TO BE WISE WITH MONEY AND LIVE GENEROUSLY. THRIVENT BELIEVES THAT ALL WE HAVE IS A GIFT FROM GOD AND THAT GENEROSITY IS AN EXPRESSION OF FAITH. THRIVENT SUCEEEDS WHEN ITS MEMBERS, THEIR FAMILIES, AND THEIR COMMUNITIES THRIVE. AS STATED IN ITS ARTICLES OF INCORPORATION, THRIVENT ENABLES MEMBERS THROUGH THEIR MEMBERSHIP TO AID THEMSELVES AND OTHERS IN THESE WAYS: * BY OFFERING PROGRAMS OF INSURANCE AND OTHER BENEFITS PERMISSIBLE UNDER THE LAWS GOVERNING FRATERNAL BENEFIT SOCIETIES. * THROUGH FRATERNAL AND BENEVOLENT ACTIVITIES IN LOCAL LODGES. * BY PROVIDING ASSISTANCE TO LUTHERAN AND OTHER CHRISTIAN COMMUNITIES AND THEIR INSTITUTIONS. * BY ASSISTING WITH OTHER LAWFUL ENDEAVORS AS THE BOARD OF DIRECTORS MAY DETERMINE, INCLUDING THOSE THAT ARE SOCIAL, INTELLECTUAL, EDUCATIONAL, CHARITABLE, BE
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 30 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $1.1M
- Bonus
- $5.9M
- Other
- $569k
- Benefits
- $15k
- Base
- $685k
- Bonus
- $3.2M
- Other
- $196k
- Benefits
- $21k
- Base
- $714k
- Bonus
- $3M
- Other
- $112k
- Benefits
- $21k
- Base
- $610k
- Bonus
- $3.4M
- Other
- $78k
- Benefits
- $13k
- Base
- $593k
- Bonus
- $1.8M
- Other
- $39k
- Benefits
- $1k
- Base
- $360k
- Bonus
- $3.1M
- Other
- $268k
- Benefits
- $15k
- Base
- —
- Bonus
- $584k
- Other
- $1.8M
- Benefits
- $9k
- Base
- —
- Bonus
- $256k
- Other
- $1.2M
- Benefits
- $21k
- Base
- —
- Bonus
- $429k
- Other
- $636k
- Benefits
- $21k
- Base
- $379k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $254k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $254k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $254k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $254k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $252k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $229k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $229k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $229k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $229k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $229k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $229k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $192k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $187k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $179k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $130k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $118k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $24k
- Bonus
- —
- Other
- $2k
- Benefits
- —
- Base
- $24k
- Bonus
- —
- Other
- $1k
- Benefits
- —
- Base
- $24k
- Bonus
- —
- Other
- $82
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $1.1M | $5.9M | $569k | $15k | $17.5M $19.2M |
Evp, CFO Above 90th percentile | $685k | $3.2M | $196k | $21k | $6.7M $7.3M |
Evp, General Counsel Executive Vice President Above 90th percentile | $714k | $3M | $112k | $21k | $6.4M $7M |
Evp, COO Above 90th percentile | $610k | $3.4M | $78k | $13k | $6.3M $6.9M |
Evp, Growth & Generosity Executive Vice President Above 90th percentile | $593k | $1.8M | $39k | $1k | $4.3M $4.7M |
Vp, Head of Equity Funds Board Vice President Above 90th percentile | $360k | $3.1M | $268k | $15k | $4.2M $4.6M |
Financial Associate Highest Compensated Employee Above 90th percentile | — | $584k | $1.8M | $9k | $2.4M $2.6M |
Financial Associate Highest Compensated Employee Above 90th percentile | — | $256k | $1.2M | $21k | $1.5M $1.6M |
Practice Developer Highest Compensated Employee Above 90th percentile | — | $429k | $636k | $21k | $1.1M $1.2M |
Chair of the Board Board Chair Above 90th percentile | $379k | — | — | — | $381k $416k |
Director Board Member Above 90th percentile | $254k | — | — | — | $255k $278k |
Director Board Member Above 90th percentile | $254k | — | — | — | $254k $278k |
Director Board Member Above 90th percentile | $254k | — | — | — | $254k $278k |
Director Board Member Above 90th percentile | $254k | — | — | — | $254k $278k |
Director Board Member Above 90th percentile | $252k | — | — | — | $252k $275k |
Director Board Member Above 90th percentile | $229k | — | — | — | $229k $250k |
Director Board Member Above 90th percentile | $229k | — | — | — | $229k $250k |
Director Board Member Above 90th percentile | $229k | — | — | — | $229k $250k |
Director Board Member Above 90th percentile | $229k | — | — | — | $229k $250k |
Director Board Member Above 90th percentile | $229k | — | — | — | $229k $250k |
Director Board Member Above 90th percentile | $229k | — | — | — | $229k $250k |
Director Board Member Above 90th percentile | $192k | — | — | — | $192k $209k |
Svp, Product Manufact.(former) Senior Vice President 25th percentile to median | $187k | — | — | — | $187k $204k |
Svp, Distribution (former) Senior Vice President 25th percentile to median | $179k | — | — | — | $179k $196k |
Evp, CFO (former) Median to 75th percentile | $130k | — | — | — | $130k $142k |
Ceo(former) Median to 75th percentile | $118k | — | — | — | $118k $129k |
Director Board Member 75th to 90th percentile | — | — | — | — | $82k $89k |
Director (former) Former Officer/director/trustee 10th to 25th percentile | $24k | — | $2k | — | $26k $28k |
Director (former) Former Officer/director/trustee 10th to 25th percentile | $24k | — | $1k | — | $25k $27k |
Director (former) Former Officer/director/trustee 10th to 25th percentile | $24k | — | $82 | — | $24k $26k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Common questions about Thrivent Financial for Lutherans
What does the Chief Executive Officer of Thrivent Financial for Lutherans earn?
In 2023, the Chief Executive Officer of Thrivent Financial for Lutherans received $17,528,490 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 Thrivent Financial for Lutherans compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at Thrivent Financial for Lutherans falls in the top 10%.
What are Thrivent Financial for Lutherans's revenue and expenses?
In 2023, Thrivent Financial for Lutherans reported $10.6B in total revenue and $10.1B in total expenses on its IRS Form 990.
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