Skip to content
Nonprofiteer
← All organizations

GREAT LAKES CREDIT UNION

EIN 36-1163912 BANNOCKBURN, IL

Revenue 2024
$80,666,017
Expenses 2024
$83,814,042

As filed

Subsection
14
Classification
1000
Street
2111 WAUKEGAN RD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

TO OFFER PRODUCTS AND SERVICES FOR OUR MEMBERS TO ACHIEVE THEIR FINANCIAL GOALS. WE WILL BUILD VALUED RELATIONSHIPS, ONE MEMBER AT A TIME.

Activities or mission (Part I)

THE PRIMARY EXEMPT PURPOSE OF GREAT LAKES CREDIT UNION (GLCU) IS TO PROVIDE LOANS, SAVINGS ACCOUNTS AND OTHER FINANCIAL SERVICES THAT PROMOTE THE FINANCIAL PROSPERITY OF OUR MEMBERS.

  • LOANS ARE GRANTED TO INDIVIDUALS WHO ARE MEMBERS IN GOOD STANDING WITH THE CREDIT UNION AND WHO QUALIFY FOR SUCH LOANS. GLCU PROVIDES THE FOLLOWING TYPES OF LOANS: MORTGAGES, HELOC'S, AUTO, RV, UNSECURED, BOAT AND COMMERCIAL.

  • ATM DEBIT CARDS ARE AVAILABLE TO MEMBERS WHO APPLY FOR ELECTRONIC ACCESS TO THEIR ACCOUNTS FOR DEPOSIT AND WITHDRAWAL OF FUNDS AND ACCOUNT INFORMATION. VARIOUS TYPES OF CHECKING ACCOUNTS ARE OFFERED TO MEMBERS, SOME WITH NO MONTHLY SERVICE FEE.

  • VARIOUS INSURANCE PRODUCTS ARE OFFERED TO MEMBERS. TYPES OF PRODUCTS OFFERED INCLUDE CREDIT LIFE, CREDIT DISABILITY, MECHANICAL BREAKDOWN PROTECTION (MBP) AND FINANCIAL GAP PROTECTION.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • STEPHEN M PARK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    7

  • PATRICE PRICE

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    7

  • JAMES A FABRIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • JIM MARCH

    EMERITUS DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • R LEE PIEKARZ

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    5

  • KEVIN LEMAN

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • DAVID GOLES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • CATHY CORBI

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • SARAH MARSHALL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • WILLIAM HARLAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • STEVEN BUGG

    PRESIDENT/CEO

    Total calculated
    $735,702
    From this org
    $685,247
    From related orgs
    $0
    Other
    $50,455
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $518,197
    Bonus
    $162,000
    Other
    $5,050
    Deferred
    $29,846
    Nontaxable benefits
    $20,609
    Filer's total
    $735,702

  • TIMOTHY LUKOMSKI

    CHIEF FINANCIAL OFFICER

    Total calculated
    $363,907
    From this org
    $313,735
    From related orgs
    $0
    Other
    $50,172
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $280,009
    Bonus
    $20,900
    Other
    $12,826
    Deferred
    $23,000
    Nontaxable benefits
    $27,172
    Filer's total
    $363,907

  • MICHAEL HERSH

    CHIEF ADMINISTRATIVE OFFICER

    Total calculated
    $323,071
    From this org
    $276,900
    From related orgs
    $0
    Other
    $46,171
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $252,057
    Bonus
    $18,677
    Other
    $6,166
    Deferred
    $23,000
    Nontaxable benefits
    $23,171
    Filer's total
    $323,071

  • ELIZABETH OSBORNE

    CHIEF OPERATIONS OFFICER

    Total calculated
    $300,313
    From this org
    $259,885
    From related orgs
    $0
    Other
    $40,428
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $235,998
    Bonus
    $17,926
    Other
    $5,961
    Deferred
    $13,256
    Nontaxable benefits
    $27,172
    Filer's total
    $300,313

  • FRED CAMPOBASSO

    CHIEF LENDING OFFICER

    Total calculated
    $303,884
    From this org
    $272,089
    From related orgs
    $0
    Other
    $31,795
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $247,663
    Bonus
    $17,696
    Other
    $6,730
    Deferred
    $23,000
    Nontaxable benefits
    $8,795
    Filer's total
    $303,884

  • PATRICK BASLER

    CHIEF EXPERIENCE OFFICER

    Total calculated
    $311,248
    From this org
    $260,853
    From related orgs
    $0
    Other
    $50,395
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $237,657
    Bonus
    $17,562
    Other
    $5,634
    Deferred
    $23,000
    Nontaxable benefits
    $27,395
    Filer's total
    $311,248

  • MICHAEL ABRAHAM

    CHIEF STRATEGY OFFICER

    Total calculated
    $140,497
    From this org
    $130,812
    From related orgs
    $0
    Other
    $9,685
    Hours/week
    40

  • DIANA BYERS

    SVP ENTERPRISE RISK MANAGE

    Total calculated
    $230,108
    From this org
    $210,981
    From related orgs
    $0
    Other
    $19,127
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,301
    Bonus
    $15,636
    Other
    $2,044
    Deferred
    $10,332
    Nontaxable benefits
    $8,795
    Filer's total
    $230,108

  • DION ROSECRANS

    MANAGER IT

    Total calculated
    $168,420
    From this org
    $146,577
    From related orgs
    $0
    Other
    $21,843
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,676
    Bonus
    $9,389
    Other
    $1,512
    Deferred
    $21,843
    Nontaxable benefits
    $0
    Filer's total
    $168,420

  • DONNA WIOREK

    SENIOR VICE PRESIDENT - AC

    Total calculated
    $245,379
    From this org
    $233,645
    From related orgs
    $0
    Other
    $11,734
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $214,723
    Bonus
    $17,173
    Other
    $1,749
    Deferred
    $2,939
    Nontaxable benefits
    $8,795
    Filer's total
    $245,379

  • PREDRAG GRMUSA

    VP OF HUMAN RESOURCES & OR

    Total calculated
    $196,823
    From this org
    $153,202
    From related orgs
    $0
    Other
    $43,621
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,041
    Bonus
    $13,119
    Other
    $1,042
    Deferred
    $16,226
    Nontaxable benefits
    $27,395
    Filer's total
    $196,823

  • BRIAN GAWIN

    VP COMMERCIAL LENDING

    Total calculated
    $230,597
    From this org
    $196,712
    From related orgs
    $0
    Other
    $33,885
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,430
    Bonus
    $15,670
    Other
    $1,612
    Deferred
    $21,854
    Nontaxable benefits
    $12,031
    Filer's total
    $230,597

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $80,666,017
    Expenses
    $83,814,042
    Contributions
    $346,088
    Grants paid
    $53,568
  • 2023
    Revenue
    $64,760,572
    Expenses
    $62,052,965
    Contributions
    $534,675
    Grants paid
    $24,000
  • 2022
    Revenue
    $54,056,794
    Expenses
    $44,878,605
    Contributions
    $281,781
    Grants paid
    $69,530

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $50,981,092
    Expenses
    $34,186,973
    Assets (EOY)
    $1,045,676,236

  • 2020 · 990

    Revenue
    $49,088,626
    Expenses
    $43,178,553
    Assets (EOY)
    $1,027,627,838

  • 2019 · 990

    Revenue
    $47,845,545
    Expenses
    $43,742,192
    Assets (EOY)
    $883,772,298

  • 2018 · 990

    Revenue
    $43,394,934
    Expenses
    $42,703,211
    Assets (EOY)
    $860,514,440

  • 2017 · 990

    Revenue
    $42,027,485
    Expenses
    $39,842,140
    Assets (EOY)
    $796,724,477

  • 2016 · 990

    Revenue
    $38,542,487
    Expenses
    $36,864,902
    Assets (EOY)
    $767,316,538

  • 2015 · 990

    Revenue
    $33,087,410
    Expenses
    $31,803,691
    Assets (EOY)
    $719,627,155

  • 2014 · 990

    Revenue
    $32,168,105
    Expenses
    $30,553,476
    Assets (EOY)
    $639,824,290

  • 2013 · 990

    Revenue
    $31,895,335
    Expenses
    $31,197,102
    Assets (EOY)
    $643,753,161

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $27,628,717
    Assets (EOY)
    $525,732,943

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Form 990-N e-Postcard, tax year 2023

Tax period
1 January 2023 to 31 December 2023
Principal officer
Christine Deeringer
Mailing address
110 S Johnson StWoodstock IL 60098

As filed, from the IRS e-Postcard file of 19 October 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

Where these grants went next →

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.