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Filing year 2024

TROPICAL FINANCIAL CREDIT UNION

Miramar, Florida·EIN 59-0637653·14
Total revenue
$59.9M
Total assets
$983.9M
Total expenses
$62.5M
Reported officers
21
Mission

TROPICAL FINANCIAL CREDIT UNION IS A NOT-FOR-PROFIT FINANCIAL COOPERATIVE PROVIDING MEMBER OWNERS WITH VALUABLE PRODUCTS, SERVICES AND EDUCATION TO HELP THEM ACHIEVE THEIR GOALS.

Executive compensation, broken down

Form 990 · Schedule J · 18 reported individuals · Filing year 2024

Coo/ceo
officer (unspecified)
$471k
$501k
Base
$420k
Bonus
Other
$2k
Benefits
$39k
VP of Member Relations
vice president
$225k
$239k
Base
$185k
Bonus
Other
$2k
Benefits
$29k
VP of IT
vice president
$214k
$227k
Base
$177k
Bonus
Other
$828
Benefits
$28k
Former VP of Marketing
vice president
$212k
$225k
Base
$122k
Bonus
Other
$74k
Benefits
$14k
VP of Admin
vice president
$200k
$213k
Base
$162k
Bonus
Other
$3k
Benefits
$29k
VP of Human Resources
vice president
$200k
$213k
Base
$175k
Bonus
Other
$2k
Benefits
$17k
Controller/vp of Finance
officer (unspecified)
$199k
$212k
Base
$176k
Bonus
Other
$540
Benefits
$15k
VP Lending
vice president
$198k
$211k
Base
$148k
Bonus
Other
$463
Benefits
$44k
Information Security Officer
highest compensated employee
$178k
$189k
Base
$150k
Bonus
Other
$710
Benefits
$20k
Mortgage Director
highest compensated employee
$169k
$179k
Base
$144k
Bonus
Other
$2k
Benefits
$17k
Business Application Manager
highest compensated employee
$161k
$171k
Base
$137k
Bonus
Other
$2k
Benefits
$19k
VP of Marketing
vice president
$139k
$147k
Director
board member
$10k
$11k
Director
board member
$9k
$9k
Director
board member
$8k
$8k
Director
board member
$6k
$6k
Director
board member
$6k
$6k
Chair
board chair
$3k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Down 4%
from 2023

From $492k in 2023 to $471k in 2024.

$492k
2023
$471k
2024
In today's dollarsEst.
Down 8% in real terms$542k to $501k

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

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

Revenue and expenses over time

TROPICAL FINANCIAL CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$57M
$56.2M
2023
$59.9M
$62.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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