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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 2021. Filed on November 8, 2022.

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 2021 IRS Form 990 filing, Covantage Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 8 out of 515 total employees. Among the employees shown here, the average compensation is $316,640. The highest compensated employee at Covantage Credit Union is Charles Zanayed with fiscal year 2021 compensation of $615,527.

Revenue, expenses, and employee compensation

Revenue

$105,078,652

Expenses

$71,718,273

Employee compensation

$28,010,633
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Charles Zanayed
President
$615,527
$558,977 No related comp$56,550
Sherry Aulik
Chief Impact Officer
$334,959
$272,252 No related comp$62,707
Brett Lee
Chief Retail Officer
$307,596
$276,907 No related comp$30,689
Schwan Hardi
Chief Financial Officer
$301,790
$260,279 No related comp$41,511
Joan Farrell
Chief Risk Officer
$284,147
$253,986 No related comp$30,161
Sean van Handel
Chief Information Officer
$253,426
$207,541 No related comp$45,885
Stacy Bouche
Chief Mortgage Lending Officer
$225,230
$193,300 No related comp$31,930
Michele Brettingen
Mortgage Loan Originator
$210,446
$194,301 No related comp$16,145

Benchmark Employee Compensation

Non-Employee Board Members

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

Contractors

Infopro
Insurance Monitoring
$3,109,886
Jack Henry & Associates Inc.
Core System
$2,716,653
Burton Karstedt Advertising
Advertising
$992,503
TRACE3
IT Managed Provider
$939,094
Temenos USA Inc.
Enterprise Software
$842,296

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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