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Filing year 2024

Transcend Credit Union

Louisville, Kentucky·EIN 61-0360420·501(c)(14)
Total revenue
$30.8M
Total assets
$540.2M
Total expenses
$26.6M
Reported officers
18
Mission

THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT FOR ITS MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024

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

President/ceo
Above 90th percentile
$1.2M
$1.3M
Base
$630k
Bonus
$169k
Other
$15k
Benefits
$15k
Executive Vice President
75th to 90th percentile
$432k
$458k
Base
$261k
Bonus
$79k
Other
$5k
Benefits
$21k
Svp/operations
Officer (Unspecified)
$302k
$321k
Base
$217k
Bonus
$36k
Other
$11k
Benefits
$22k
Vp/finance and Controller
Controller
Above 90th percentile
$253k
$268k
Base
$178k
Bonus
$29k
Other
$11k
Benefits
$22k
Chief Lending Officer
Highest Compensated Employee
Median to 75th percentile
$227k
$241k
Base
$181k
Bonus
$23k
Other
$8k
Benefits
$2k
Chief Retail Banking Officer
Highest Compensated Employee
Median to 75th percentile
$190k
$202k
Base
$136k
Bonus
$23k
Other
$8k
Benefits
$13k
Director of IT
Chief Information Officer
Median to 75th percentile
$178k
$188k
Base
$140k
Bonus
$11k
Other
$697
Benefits
$14k
Chief Administration Officer
Highest Compensated Employee
25th percentile to median
$162k
$172k
Base
$127k
Bonus
$10k
Other
$7k
Benefits
$8k
Director of Human Resources
Highest Compensated Employee
25th percentile to median
$144k
$153k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Up 7%
from 2023

From $1.2M in 2023 to $1.2M in 2024.

$1.2M
2023
$1.2M
2024
In today's dollarsEst.
Up 3% in real terms$1.3M to $1.3M

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 7% from 2023 to 2024, while revenue rose 26%.

$1.2M in 2023 to $1.2M in 2024.
  • Executive Vice President pay fell 9% from 2023 to 2024.
  • Controller pay rose 20% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Transcend Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$24.5M
$21.4M
2023
$30.8M
$26.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Transcend Credit Union

What does the Chief Executive Officer of Transcend Credit Union earn?

In 2024, the Chief Executive Officer of Transcend Credit Union received $1,227,505 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 Transcend 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 Transcend Credit Union falls in the top 10%.

What are Transcend Credit Union's revenue and expenses?

In 2024, Transcend Credit Union reported $30.8M in total revenue and $26.6M in total expenses on its IRS Form 990.

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