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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Public & Societal Benefit Baxter Credit Union

Baxter Credit Union

Fiscal year ending 2016. Filed on May 12, 2017.

340 North Milwaukee Avenue
Vernon Hills, Illinois 60061

Baxter Credit Union (EIN: 23-7250155) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Baxter Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 23 employees. Among the employees shown here, the average compensation is $298,473. The highest compensated employee at Baxter Credit Union is Michael Valentine with fiscal year 2016 compensation of $1,144,491.

Revenue, expenses, and employee compensation

Revenue

$165,334,018

Expenses

$136,780,152

Employee compensation

$48,697,828
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Valentine
President, CEO and Treasurer
$1,144,491
$0 $1,144,491 No other comp
Tom Moore
Executive Vice President and Assistant Treasurer
$541,005
$0 $541,005 No other comp
Lisa Baron
Senior Vice President, Human Resources
$381,434
$0 $381,434 No other comp
Jeffery Johnson
Senior Vice President and Chief Information Officer
$337,828
$0 $337,828 No other comp
James Block
Svp/Chief Loan Officer
$331,736
$0 $331,736 No other comp
Carl Presto
Senior Vice President and Chief Financial Officer
$304,323
$0 $304,323 No other comp
Richard Chambers
Investment Advisors
$286,295
$0 $286,295 No other comp
Sarah Thorrens
Vice President, Human Resources
$284,414
$0 $284,414 No other comp
Carey Price
Svp/Cro
$258,123
$0 $258,123 No other comp
Herbert Behrens
Vp/Mortgages
$251,930
$0 $251,930 No other comp
Charles Smith
Vice President, Controller
$251,884
$0 $251,884 No other comp
David Blum
Vice President Corporate Relationships and Services
$246,370
$0 $246,370 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Charles Thurman
Secretary and Director
Jeffery Bailey
Director
Margot Kaplan
Vice Chair
Michael Baughman
Director
Michael Curran
Director
Ola Snow
Director
Paul Martin
Director
Ron Labrum
Director
Thomas Hodson
Chair
Yu-Ping Kao
Director

Contractors

Chris Cronlund
Information
$233,738
Farid Fatehally
Information Consulting
$142,412

Mission Statement

The organization is a full service, state-chartered credit union providing a broad range of loan and deposit products and other financial services to its members located throughout the US and Puerto Rico using various channels including branches, a call center, and the internet.

Revisions to this organization profile

May 7, 2025:
2024 Baxter Credit Union 990 filed
May 15, 2024:
Amended (originally filed May 6, 2024)2023 Baxter Credit Union 990 filed
April 20, 2023:
2022 Baxter Credit Union 990 filed

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