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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 Commonwealth Credit Union

Commonwealth Credit Union

Fiscal year ending 2024. Filed on September 17, 2025.

PO Box 978
Frankfort, Kentucky 40602

Commonwealth Credit Union (EIN: 61-0671028) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Commonwealth Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 8 out of 417 total employees. Among the employees shown here, the average compensation is $458,050. The highest compensated employee at Commonwealth Credit Union is Karen Harbin with fiscal year 2024 compensation of $1,174,808.

Revenue, expenses, and employee compensation

Revenue

$159,530,457

Expenses

$137,050,921

Employee compensation

$37,881,091
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Karen Harbin
President and Chief Executive Officer and Board Member
$1,174,808
$1,125,835 No related comp$48,973
Jaynel Christensen
Executive Vice President
$485,542
$389,887 No related comp$95,655
Stephen Bellas
Chief Financial Officer
$441,173
$422,976 No related comp$18,197
Douglas Graham
Chief Innovation and Strateg
$382,385
$382,385 No related compNo other comp
Patricia Smith
Chief Brand and Advocacy OFF
$349,212
$314,631 No related comp$34,581
Kimberly Durrum
Chief Member Experience Officer
$318,105
$257,037 No related comp$61,068
Lisa Stinson
Chief People Officer
$279,212
$217,505 No related comp$61,707
Matthew Stewart
Senior Vice President of Commercial Services
$274,053
$260,088 No related comp$13,965

Benchmark Employee Compensation

Non-Employee Board Members

Donnie Rodgers II
Vice Chair
$6,601
$6,601 No related compNo other comp
Regina Grubbs
Board Member
$1,550
$1,550 No related compNo other comp
Thomas Randy Fawns
Chair
$1,493
$1,493 No related compNo other comp
Robin Ellis
Treasurer and Secretary
$1,493
$1,493 No related compNo other comp
Joseph Brewer
Board Member
$900
$900 No related compNo other comp
James Chadwell
Board Member
$300
$300 No related compNo other comp
Kenneth Blackwell
Board Member
No compensation reported
Douglas Smith
Board Member
No compensation reported
Mary Foster
Board Member
No compensation reported
Jacqueline Duvall
Board Member
No compensation reported
Carmine Iaccarino
Board Member
No compensation reported
Kay Jones
Board Member
No compensation reported

Contractors

Visa USA Inc.
Visa Processing
$2,362,708
Amplifi Loyalty Solutions LLC
Credit Card Point Redemptions
$2,192,859
Jack Henry & Associates
Symitar Programming and Maintenance
$1,583,029
Crosshair Media Placement LLC
Radio Tv Outdoor and Print Marketing
$1,577,458
Cdw Direct LLC
Computer Equipment Software Licensing
$1,450,635

Mission Statement

THE CREDIT UNION'S VISION IS "GROWTH INSPIRED BY ENGAGEMENT, EMPOWERMENT, AND EXTRAORDINARY SERVICE." COMMONWEALTH PROVIDES ITS MEMBERS WITH A SAFE PLACE TO SAVE AND A SOURCE OF CREDIT IN A NOT-FOR-PROFIT CONTEXT. WE STRIVE TO IMPROVE THE LIVES OF THOSE WE SERVE BY HELPING THEM ACHIEVE THEIR DREAMS THROUGH FINANCIAL HEALTH AND SUCCESS.

Revisions to this organization profile

December 12, 2025:
2025 Commonwealth Credit Union 990 filed
September 17, 2025:
2024 Commonwealth Credit Union 990 filed
September 4, 2024:
2023 Commonwealth Credit Union 990 filed

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