How much does Charles Friederichs make?

Charles Friederichs received $1.1M in reported compensation on the organization's IRS Form 990 (Part VII) — the filed figure, not net worth.

Person · officer / director

Charles Friederichs

Chief Executive Officer · Magnifi Financial Credit Union

Chief Executive Officer at Magnifi Financial Credit Union. Listed as an officer, director, or key employee across 1 organization on the Form 990 record.

This is me

Organizations

Roles reported

Reported compensation

$1.1M

Who this is

Profile

Everything on the left is verified from the IRS filings. The biography on the right is compiled from public web sources and grounded to that filed record.

✓ Verified from filings

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Reported as Chief Executive Officer of Magnifi Financial Credit Union, based in Melrose, MN.

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Received $1.1M in total reported compensation on the most recent Form 990 (Part VII).

Facts extracted directly from each organization's Form 990, Part VII.

Biography Web-sourced

Charles Friederichs is President and Chief Executive Officer of Magnifi Financial Credit Union, a Minnesota-based credit union serving 400,000+ members across Minnesota, North Dakota, and Wisconsin. He previously held COO roles at Magnifi and leadership positions at Fauquier Health, MetaBank, and the FDIC.

Compiled from public web sources (5 cited), grounded to the filed record.

Track record

Career & tenure

Real tenure, career, and education — from public web sources, what you need to vet a founder or leader beyond the filing window.

Tenure here

CEO since 2019

Education

Moorhead State University

Affiliations

Organizations

Magnifi Financial Credit Union Chief Executive Officer · $149.7M revenue · Melrose, MNCENTRAL MINNESOTA CREDIT UNION IS A MEMBER OWNED FINANCIAL COOPERATIVE PROVIDING LOAN, DEPOSIT AND OTHER FINANCIAL SERVICES TO 71,842 MEMBERS.pay $664K → $1.1MFiled FY2024, FY2023, FY2022, FY2021, FY2020 · Source: Form 990, Part VII

$1.1Mreported comp

Network

Serves alongside

Other officers, directors & key employees at this person's organizations, by latest reported compensation.

Greg Misterman

Chief Credit Officer · FY2024

$658K

Neal Kaderabek

Chief Digital/Info Officer · FY2023

$539K

Ross Bloomquist

Chief Experience Officer · FY2024

$463K

Stephanie Mayers

Financial Advisor · FY2024

$447K

Nancy Roske

Chief Admin Officer · FY2024

$388K

Andrea Kraska

Chief Operations Officer · FY2024

$346K

Matt Noska

Chief People Officer · FY2024

$333K

Daniel Schreiner

Commercial Banking Officer · FY2023

$329K

Theresa Tschumperlin

Cuso CEO · FY2024

$316K

Michael Schwieters

Financial Advisor · FY2024

$311K

Rachel Endrizzi

SVP Marketing · FY2024

$297K

Al Doering

Chief Credit Officer · FY2020

$288K

Network

Recommendations

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