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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 2022. Filed on November 8, 2023.

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 2022 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 533 total employees. Among the employees shown here, the average compensation is $340,170. The highest compensated employee at Covantage Credit Union is Charles Zanayed with fiscal year 2022 compensation of $680,221.

Revenue, expenses, and employee compensation

Revenue

$121,730,079

Expenses

$98,996,617

Employee compensation

$34,781,641
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Charles Zanayed
President
$680,221
$621,952 No related comp$58,269
Sherry Aulik
Chief Impact Officer
$373,302
$307,378 No related comp$65,924
Brett Lee
Chief Retail Officer
$350,157
$309,514 No related comp$40,643
Joan Farrell
Chief Risk Officer
$299,067
$267,410 No related comp$31,657
Schwan Hardi
Chief Financial Officer (Thru 10/22)
$278,467
$240,084 No related comp$38,383
Sean van Handel
Chief Information Officer
$274,055
$223,515 No related comp$50,540
Stacy Bouche
Chief Mortgage Lending Officer
$242,312
$208,961 No related comp$33,351
Patrick Curran
Vice President Digital Services
$223,775
$191,918 No related comp$31,857

Benchmark Employee Compensation

Non-Employee Board Members

Matt Kolling
Director
$8,500
$8,500 No related compNo other comp
Eugene Shawano
Director
$8,500
$8,500 No related compNo other comp
Susan Gitzlaff
Chair
$8,500
$8,500 No related compNo other comp
Willis Qualheim
Treasurer
$8,500
$8,500 No related compNo other comp
Lee Siler
Director
$8,500
$8,500 No related compNo other comp
Michael Windberg
Secretary
$8,500
$8,500 No related compNo other comp
Charles Dallas
Director
$8,500
$8,500 No related compNo other comp
Paul Payant
Director
$8,500
$8,500 No related compNo other comp
Dennis Haltinner
Vice Chair
$8,500
$8,500 No related compNo other comp
Julie Berndt
Director
$7,500
$7,500 No related compNo other comp
Karen Novak
Director (Thru 02/22)
$1,000
$1,000 No related compNo other comp

Contractors

Jack Henry & Associates Inc.
Core System
$3,160,995
Infopro
Insurance Monitoring
$2,512,043
Ellis Stone Construction Company
Building Construction Contractor
$1,874,715
Miron Contstruction Company
Building Construction Contractor
$1,763,667
Nusource Financial Inc.
Technology
$1,177,340

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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