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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 Covantage Credit Union

Covantage Credit Union

Fiscal year ending 2020. Filed on November 12, 2021.

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 2020 IRS Form 990 filing, Covantage Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 9 out of 409 total employees. Among the employees shown here, the average compensation is $297,150. The highest compensated employee at Covantage Credit Union is Charles Zanayed with fiscal year 2020 compensation of $586,102.

Revenue, expenses, and employee compensation

Revenue

$100,317,089

Expenses

$75,643,212

Employee compensation

$28,203,911
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Charles Zanayed
President
$586,102
$528,716 No related comp$57,386
Sherry Aulik
Chief Impact Officer
$320,388
$258,504 No related comp$61,884
Brett Lee
Chief Retail Officer
$293,208
$255,916 No related comp$37,292
Schwan Hardi
Chief Financial Officer
$291,579
$232,884 No related comp$58,695
Joan Farrell
Chief Risk Officer
$275,520
$250,576 No related comp$24,944
Sean van Handel
Chief Information Officer
$238,021
$197,299 No related comp$40,722
Tonni Larson
Commercial LOAN Officer
$232,513
$214,836 No related comp$17,677
Michele Brettingen
Mortgage Loan Originator
$231,205
$213,467 No related comp$17,738
Stacy Bouche
Chief Mortgage Lending OFF
$205,817
$176,012 No related comp$29,805

Benchmark Employee Compensation

Non-Employee Board Members

Dennis Haltinner
Treasurer
$6,000
$6,000 No related compNo other comp
Lee Siler
Director
$6,000
$6,000 No related compNo other comp
Paul Payant
Director
$6,000
$6,000 No related compNo other comp
Eugene Shawano
Director
$6,000
$6,000 No related compNo other comp
Susan Gitzlaff
Vice Chair
$6,000
$6,000 No related compNo other comp
Willis Qualheim
Chair
$6,000
$6,000 No related compNo other comp
Michael Windberg
Secretary
$6,000
$6,000 No related compNo other comp
Karen Novak
Director
$6,000
$6,000 No related compNo other comp
Matt Kolling
Director
$6,000
$6,000 No related compNo other comp

Contractors

Infopro
Insurance Monitoring
$4,140,216
TRACE3
IT Managed Provider
$1,790,686
Jack Henry & Associatesinc
Core System
$1,659,753
Ellis Stone Construction Company Inc.
Building Construction Contractor
$1,341,155
Nusource Financial LLC
Technology
$744,633

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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