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Organizations Public & Societal Benefit Abbott Laboratories Employees Credit Union (Alec)

Abbott Laboratories Employees Credit Union (Alec)

Fiscal year ending 2020. Filed on May 17, 2021.

325 Tri-state Parkway No 1a
Gurnee, Illinois 60031

Abbott Laboratories Employees Credit Union (Alec) (EIN: 36-3679911) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Abbott Laboratories Employees Credit Union (Alec), a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 128 total employees. Among the employees shown here, the average compensation is $210,541. The highest compensated employee at Abbott Laboratories Employees Credit Union (Alec) is Joseph Trosclair with fiscal year 2020 compensation of $493,150.

Revenue, expenses, and employee compensation

Revenue

$28,644,965

Expenses

$22,966,095

Employee compensation

$9,574,672
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Joseph Trosclair
President
$493,150
$450,446 No related comp$42,704
Jon Berndt
Senior Vice President and Chief Financial Officer
$283,661
$250,449 No related comp$33,212
Kenneth Keifer
Senior Vice President
$245,394
$204,695 No related comp$40,699
Bruce van Schaack
Senior Vice President
$240,332
$206,271 No related comp$34,061
Jennifer Pestikas
Senior Vice President
$218,110
$197,967 No related comp$20,143
Brady van Heirseele
Senior Vice President
$211,962
$187,799 No related comp$24,163
Janet Osborn
Accounting Director
$137,712
$128,112 No related comp$9,600
Jennifer Dzbinski
Director
$134,596
$127,584 No related comp$7,012
Deborah Zimmerman
Senior Manager
$121,727
$103,794 No related comp$17,933
Elizabeth Swanson
Manager
$115,401
$101,491 No related comp$13,910
Danielle Herbrechtsmeier
Senior Manager
$113,907
$103,143 No related comp$10,764

Benchmark Employee Compensation

Non-Employee Board Members

Ben Osterbaan
Director
Beth Miksa
Vice Chair
David Mark
Chair
Doan Nguyen
Director
Mark Stoffel
Director
Robert Reiser
Treasurer
Steve Scrogham
Secretary
Wayne Wallis
Director

Contractors

Fiserv
Banking
$2,132,643
Cardtronics
ATM
$223,036
Camosy Construction
Construction Labor
$161,454
Diebold Inc.
ATM
$151,194

Mission Statement

TO MAKE A DIFFERENCE IN THE LIVES AND FINANCIAL WELL-BEING OF OUR MEMBERS AND EMPLOYEES. OUR COMMITMENT IS (1) TO GAIN OUR MEMBERS TRUST BY PROVIDING EXCEPTIONAL MEMBER SERVICE (2) TO OFFER A WIDE ARRAY OF FINANCIAL PRODUCTS, SERVICES AND DELIVERY CHANNELS (3) TO EDUCATE OUR MEMBERS IN ALIGNMENT WITH THEIR FINANCIAL GOALS (4) TO RECOGNIZE THE PERFORMANCE, ACHIEVEMENT AND PERSONAL DEVELOPMENT OF OUR EMPLOYEES (5) TO PROTECT OUR MEMBERS' DATA AND PRIVACY (6) TO CONDUCT BUSINESS WITH THE HIGHEST STANDARDS OF ETHICS, INTEGRITY AND HONESTY.

Revisions to this organization profile

June 11, 2025:
2024 Abbott Laboratories Employees Credit Union (Alec) 990 filed
May 13, 2024:
2023 Abbott Laboratories Employees Credit Union (Alec) 990 filed
October 31, 2023:
2022 Abbott Laboratories Employees Credit Union (Alec) 990 filed

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