Skip to content
Nonprofiteer
← EDUCATORS CREDIT UNION

Form 990 for tax year 2023

Filed by EDUCATORS CREDIT UNION.

Totals

Total revenue
$221,505,827
Total expenses
$177,468,893
Contributions and grants received
$0
Grants paid
$744,615
Program service revenue
$156,559,607
Investment income
$61,871,505
Other revenue
$3,074,715
Total assets, end of year
$3,193,764,972
Total liabilities, end of year
$2,870,306,411
Net assets or fund balances, end of year
$323,458,561
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Listed in Part VII

  • MARY LUENEBURG

    CHAIRPERSON

    Total calculated
    $3,250
    From this org
    $3,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • CHERYL KOTHE

    VICE CHAIRPERSON

    Total calculated
    $2,050
    From this org
    $2,050
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • BRAD ZAUTCKE

    TREASURER

    Total calculated
    $2,000
    From this org
    $2,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • MILTON DOCKERY

    SECRETARY

    Total calculated
    $850
    From this org
    $850
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • CLARENCE ALLEN

    BOARD MEMBER

    Total calculated
    $1,350
    From this org
    $1,350
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • SARAH FIEREK

    BOARD MEMBER

    Total calculated
    $1,250
    From this org
    $1,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • WILLIAM HALSEY

    BOARD MEMBER

    Total calculated
    $1,800
    From this org
    $1,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • NANCY MAJEWSKI

    BOARD MEMBER

    Total calculated
    $2,000
    From this org
    $2,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • PAUL PELZEK

    BOARD MEMBER

    Total calculated
    $800
    From this org
    $800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • JANET DAYS

    ASSOCIATE BOARD MEMBER

    Total calculated
    $2,100
    From this org
    $2,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • ELTON DEMETI

    ASSOCIATE BOARD MEMBER

    Total calculated
    $1,050
    From this org
    $1,050
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • DONALD LODGE

    ASSOCIATE BOARD MEMBER

    Total calculated
    $1,750
    From this org
    $1,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • LOGAN MARTIN

    ASSOCIATE BOARD MEMBER

    Total calculated
    $1,700
    From this org
    $1,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • LINDA HOOVER

    CEO & PRESIDENT

    Total calculated
    $776,045
    From this org
    $725,266
    From related orgs
    $0
    Other
    $50,779
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $655,681
    Bonus
    $62,385
    Other
    $7,200
    Deferred
    $41,250
    Nontaxable benefits
    $9,529
    Filer's total
    $776,045

  • JAMES JUSTMAN

    CFO

    Total calculated
    $332,105
    From this org
    $293,189
    From related orgs
    $0
    Other
    $38,916
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $267,055
    Bonus
    $26,134
    Other
    $0
    Deferred
    $37,334
    Nontaxable benefits
    $1,582
    Filer's total
    $332,105

  • ASHLEY MADALA

    VP LENDING

    Total calculated
    $212,681
    From this org
    $180,897
    From related orgs
    $0
    Other
    $31,784
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,998
    Bonus
    $15,899
    Other
    $0
    Deferred
    $22,861
    Nontaxable benefits
    $8,923
    Filer's total
    $212,681

  • LORI GORKOWSKI

    VP PAYMENTS

    Total calculated
    $215,310
    From this org
    $183,088
    From related orgs
    $0
    Other
    $32,222
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,615
    Bonus
    $18,473
    Other
    $0
    Deferred
    $23,420
    Nontaxable benefits
    $8,802
    Filer's total
    $215,310

  • DALE DREHER

    INFORMATION SECURITY OFFIC

    Total calculated
    $206,079
    From this org
    $175,029
    From related orgs
    $0
    Other
    $31,050
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,799
    Bonus
    $15,230
    Other
    $0
    Deferred
    $22,127
    Nontaxable benefits
    $8,923
    Filer's total
    $206,079

  • JONATHAN HENKES

    VP IT

    Total calculated
    $195,921
    From this org
    $174,109
    From related orgs
    $0
    Other
    $21,812
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,903
    Bonus
    $15,206
    Other
    $0
    Deferred
    $21,764
    Nontaxable benefits
    $48
    Filer's total
    $195,921

  • MAGGIE FEAGER

    SVP HR

    Total calculated
    $213,148
    From this org
    $171,058
    From related orgs
    $0
    Other
    $42,090
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,424
    Bonus
    $15,634
    Other
    $0
    Deferred
    $22,168
    Nontaxable benefits
    $19,922
    Filer's total
    $213,148

  • ANGELA LANGDON

    VP RISK MANAGEMENT

    Total calculated
    $177,487
    From this org
    $156,998
    From related orgs
    $0
    Other
    $20,489
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,904
    Bonus
    $14,094
    Other
    $0
    Deferred
    $20,441
    Nontaxable benefits
    $48
    Filer's total
    $177,487

  • KURT JOHNSON

    CRO

    Total calculated
    $365,214
    From this org
    $300,138
    From related orgs
    $0
    Other
    $65,076
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $273,171
    Bonus
    $26,967
    Other
    $0
    Deferred
    $38,757
    Nontaxable benefits
    $26,319
    Filer's total
    $365,214

  • JOSEPH BRAZGEL

    CIO

    Total calculated
    $329,492
    From this org
    $262,874
    From related orgs
    $0
    Other
    $66,618
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $238,399
    Bonus
    $24,475
    Other
    $0
    Deferred
    $34,799
    Nontaxable benefits
    $31,819
    Filer's total
    $329,492

  • SHANNON HUOT

    CHIEF EXPERIENCE OFFICER

    Total calculated
    $272,154
    From this org
    $217,833
    From related orgs
    $0
    Other
    $54,321
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,280
    Bonus
    $19,553
    Other
    $0
    Deferred
    $28,127
    Nontaxable benefits
    $26,194
    Filer's total
    $272,154

  • RICH CHIAPETE

    CORPORATE ATTORNEY

    Total calculated
    $241,288
    From this org
    $190,637
    From related orgs
    $0
    Other
    $50,651
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,221
    Bonus
    $17,416
    Other
    $0
    Deferred
    $24,697
    Nontaxable benefits
    $25,954
    Filer's total
    $241,288

  • GLENN BRUSKY

    VP FACILITIES

    Total calculated
    $200,795
    From this org
    $169,996
    From related orgs
    $0
    Other
    $30,799
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,598
    Bonus
    $16,279
    Other
    $119
    Deferred
    $21,996
    Nontaxable benefits
    $8,803
    Filer's total
    $200,795

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
21 October 2024
IRS schema version
2023v5.1
Source object
202432959349300733

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.