Compensation 990

Covantage Credit Union

Fiscal year ending 2024. Filed on June 24, 2025.

723 6th Avenue PO Box 107
Antigo, Wisconsin 54409

Covantage Credit Union (EIN: 39-0945701) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Covantage Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 573 total employees. Among the employees shown here, the average compensation is $368,883. The highest compensated employee at Covantage Credit Union is Charles Zanayed with fiscal year 2024 compensation of $846,549.

Revenue, expenses, and employee compensation

Revenue

$234,381,029

Expenses

$210,138,925

Employee compensation

$39,994,225
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Charles Zanayed
President
$846,549
$796,005 from orgNo related comp$50,544 other
Sherry Aulik
Special Projects Officer
$586,470
$548,074 from orgNo related comp$38,396 other
Brett Lee
Executive Vice President Chief Retail Officer
$418,905
$374,272 from orgNo related comp$44,633 other
Joan Farrell
Senior Vice President Chief RISK STR PA Officer
$357,994
$309,624 from orgNo related comp$48,370 other
Sean van Handel
Senior Vice President and Chief Information Officer
$340,535
$295,994 from orgNo related comp$44,541 other
Mary Prunty
Chief Financial Officer
$285,481
$273,573 from orgNo related comp$11,908 other
Stacy Bouche
Chief Mortgage Lending Officer
$281,085
$258,437 from orgNo related comp$22,648 other
Patrick Curran
Vice President Digital Services
$253,415
$218,636 from orgNo related comp$34,779 other
Cheryl Fanning
Senior Vice President Retail Sales SRV OPS
$233,704
$201,367 from orgNo related comp$32,337 other
Janel Thoune
Senior Vice President of Marketing and Mission
$231,589
$193,517 from orgNo related comp$38,072 other
Bryan Emerling
Senior Vice President Buildings and Markets
$221,986
$196,894 from orgNo related comp$25,092 other

Non-Employee Board Members

Dennis Haltinner
Chair
$11,500
$11,500 from orgNo related compNo other comp
Michael Windberg
Vice Chair
$11,500
$11,500 from orgNo related compNo other comp
Eugene Shawano
Director
$11,500
$11,500 from orgNo related compNo other comp
Matt Kolling
Director
$11,500
$11,500 from orgNo related compNo other comp
Lee Siler
Secretary
$11,500
$11,500 from orgNo related compNo other comp
Susan Gitzlaff
Director
$11,500
$11,500 from orgNo related compNo other comp
Angie Close
Director
$11,500
$11,500 from orgNo related compNo other comp
Paul Payant
Director
$11,500
$11,500 from orgNo related compNo other comp
Julie Berndt
Director
$11,500
$11,500 from orgNo related compNo other comp
Willis Qualheim
Treasurer
$11,500
$11,500 from orgNo related compNo other comp

Contractors

Infopro
Insurance Monitoring
$3,555,657
Jack Henry & Associates Inc.
Core System
$2,403,532
Visa USA Inc.
Credit Card Processing
$1,896,510
National Credit Union Administration
Regulatory Guidance Audit and Insurance
$1,660,270
Nusource Financial
Technology
$1,265,044

Mission Statement

A COOPERATIVE, NONPROFIT CORPORATION, INCORPORATED UNDER WISCONSIN STATE LAW TO ENCOURAGE THRIFT AMONG ITS MEMBERS, CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST, AND PROVIDE OPPORTUNITY FOR ITS MEMBERS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS.

Revisions to this organization profile

June 24, 2025:
2024 Covantage Credit Union 990 filed
August 28, 2024:
2023 Covantage Credit Union 990 filed
November 8, 2023:
2022 Covantage Credit Union 990 filed

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