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Filing year 2024

UNIVERSITY CREDIT UNION

Orono, Maine·EIN 01-6028792·501(c)(14)
Total revenue
$29.3M
Total assets
$508.2M
Total expenses
$28.3M
Reported officers
18
Mission

HERE FOR U - DEDICATED TO PROMOTE FINANCIAL WELL-BEING FOR YOU AND YOUR COMMUNITY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 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
$468k
$505k
Base
$382k
Bonus
$13k
Other
$15k
Benefits
$30k
Exec Vice President
Vice President
Above 90th percentile
$289k
$312k
Base
$234k
Bonus
$8k
Other
$828
Benefits
$27k
Chief Lending Officer
Officer (Unspecified)
$243k
$262k
Base
$193k
Bonus
$6k
Other
$828
Benefits
$27k
Chief Risk Officer
Officer (Unspecified)
$223k
$240k
Base
$178k
Bonus
$6k
Other
$828
Benefits
$23k
Financial Advisor
Highest Compensated Employee
Median to 75th percentile
$214k
$232k
Base
$85k
Bonus
$100k
Other
$223
Benefits
$14k
VP of Technology & Digital Experience
Board Vice President
Median to 75th percentile
$190k
$205k
Base
$135k
Bonus
$5k
Other
$552
Benefits
$38k
VP of Marketing
Board Vice President
Median to 75th percentile
$166k
$179k
Base
$148k
Bonus
$5k
Other
$240
Benefits
$248
Chief Financial Officer (thru Aug)
Median to 75th percentile
$156k
$169k
Base
$119k
Bonus
$7k
Other
$222
Benefits
$20k
Mortgage Loan Originator
Highest Compensated Employee
25th percentile to median
$147k
$159k
VP of Lending
Board Vice President
Median to 75th percentile
$144k
$156k
VP of Finance
Vice President
Median to 75th percentile
$43k
$46k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast 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 2023

From $440k in 2023 to $468k in 2024.

$440k
2023
$468k
2024
In today's dollarsEst.
Up 3% in real terms$491k to $505k

Estimated with BLS CPI-U for the Northeast 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 6% from 2023 to 2024, while revenue rose 21%.

$440k in 2023 to $468k in 2024.
  • Vice President pay rose 8% from 2023 to 2024.
  • Highest Compensated Employee pay rose 25% 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

UNIVERSITY CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$24.2M
$22.5M
2023
$29.3M
$28.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about UNIVERSITY CREDIT UNION

What does the Chief Executive Officer of UNIVERSITY CREDIT UNION earn?

In 2024, the Chief Executive Officer of UNIVERSITY CREDIT UNION received $468,011 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 UNIVERSITY 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 UNIVERSITY CREDIT UNION falls in the top 10%.

What are UNIVERSITY CREDIT UNION's revenue and expenses?

In 2024, UNIVERSITY CREDIT UNION reported $29.3M in total revenue and $28.3M in total expenses on its IRS Form 990.

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