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Organizations Beacon Credit Union Inc.

Beacon Credit Union Inc.

Fiscal year ending 2024. Filed on September 10, 2025.

107 Leroy Bowen Drive
Lynchburg, Virginia 24502

Beacon Credit Union Inc. (EIN: 54-0606388) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Beacon Credit Union Inc., a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 8 out of 116 total employees. Among the employees shown here, the average compensation is $192,110. The highest compensated employee at Beacon Credit Union Inc. is Greg McConville with fiscal year 2024 compensation of $493,266.

Revenue, expenses, and employee compensation

Revenue

$24,198,465

Expenses

$21,496,362

Employee compensation

$7,579,563
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Greg McConville
Chief Executive Officer
$493,266
$493,266 No related compNo other comp
Susan Krantz
Senior Vice President, Operations
$214,748
$214,748 No related compNo other comp
Joe Goude
Senior Vice President of Retail
$196,436
$196,436 No related compNo other comp
Terry Hammond
Chief Financial Officer
$184,794
$184,794 No related compNo other comp
Laura Shafer
Vice President, Retail
$115,675
$115,675 No related compNo other comp
Adam Carpenter
Vice President, Information Technology
$113,925
$113,925 No related compNo other comp
Lisa Gordon
Vice President, Personnel
$110,313
$110,313 No related compNo other comp
Nicole Miller
Controller
$107,721
$107,721 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Kathy Smith
Asst Secretary of the Board
$6,000
$6,000 No related compNo other comp
Philip Hynes
Board Chair
$6,000
$6,000 No related compNo other comp
Wes Gordon
Treasurer
$6,000
$6,000 No related compNo other comp
William Coleman
Director
$6,000
$6,000 No related compNo other comp
Wendy Ayers
Board Vice Chair
$6,000
$6,000 No related compNo other comp
Nancy Compton
Board Secretary
$5,500
$5,500 No related compNo other comp
Sandra Williams
Director
$5,500
$5,500 No related compNo other comp

Contractors

Dennis Walker
Cleaning
$179,315

Mission Statement

The mission of Beacon Credit Union is to serve its members with loan and deposit products that meet their financial needs and help achieve their financial goals.

Revisions to this organization profile

September 10, 2025:
2024 Beacon Credit Union Inc. 990 filed
September 19, 2024:
2023 Beacon Credit Union Inc. 990 filed
June 21, 2023:
2022 Beacon Credit Union Inc. 990 filed

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Beacon Credit Union Foundation Inc.
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