Compensation 990

Crane Credit Union

Fiscal year ending 2024. Filed on November 14, 2025.

1 W Gate Drive
Odon, Indiana 47562

Crane Credit Union (EIN: 35-0978599) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2024 IRS Form 990 filing, Crane Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 9 out of 231 total employees. Among the employees shown here, the average compensation is $191,759. The highest compensated employee at Crane Credit Union is Kevin Sparks with fiscal year 2024 compensation of $359,359.

Revenue, expenses, and employee compensation

Revenue

$61,770,995

Expenses

$49,565,326

Employee compensation

$15,741,075
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋10.3%vs 2023
Kevin Sparks
President and Chief Executive Officer
$359,359
$322,307 from orgNo related comp$37,052 other
＋8.2%vs 2023
Alvin Lecher
Chief Financial Officer
$240,777
$210,802 from orgNo related comp$29,975 other
＋5.3%vs 2023
Bryan Myers
Chief Operating Officer
$217,387
$189,424 from orgNo related comp$27,963 other
＋17.6%vs 2023
Gary Michael Wiggington
Chief Technology Officer
$204,888
$174,565 from orgNo related comp$30,323 other
＋8.8%vs 2023
Jeremy Vehslage
Vice President, Lending
$149,976
$130,461 from orgNo related comp$19,515 other
＋7.5%vs 2023
Dennis Ryan Lee
Vice President, Operations
$149,801
$124,228 from orgNo related comp$25,573 other
＋4.3%vs 2023
Stacy Lengacher
Vice President, Operations
$138,508
$123,617 from orgNo related comp$14,891 other
New in 2024
Richard Harris
IT Manager
$134,824
$114,954 from orgNo related comp$19,870 other
＋5.3%vs 2023
Danielle Combs
Vice President, Risk Management
$130,315
$120,588 from orgNo related comp$9,727 other

Non-Employee Board Members

－2.9%vs 2023
Bruce W Cummings
Treasurer
$28,050
$28,050 from orgNo related compNo other comp
＋8.2%vs 2023
David H Frye
Secretary
$27,750
$27,750 from orgNo related compNo other comp
－0.7%vs 2023
Dale L Padgett Jr
Vice Chair
$27,700
$27,700 from orgNo related compNo other comp
－1.3%vs 2023
Kenneth R Greenwell
Board Member
$27,550
$27,550 from orgNo related compNo other comp
±0%vs 2023
Gary E Gray Jr
Chair
$25,500
$25,500 from orgNo related compNo other comp
New in 2024
Jeffery Lee Schafer
Director
$24,700
$24,700 from orgNo related compNo other comp
＋6.8%vs 2023
Patricia Herndon
Director
$24,250
$24,250 from orgNo related compNo other comp
－13.8%vs 2023
Douglas R Ranard
Supervisory Committee Member
$12,800
$12,800 from orgNo related compNo other comp
－18.1%vs 2023
Quentin D Hays
Supervisory Committee Member
$11,500
$11,500 from orgNo related compNo other comp
－2.5%vs 2023
Susan E Jones
Supervisory Committee Member
$9,700
$9,700 from orgNo related compNo other comp

Mission Statement

We build life-long relationships by supporting financial needs, dreams, and possibilities.

Revisions to this organization profile

November 14, 2025:
2024 Crane Credit Union 990 filed
November 11, 2024:
2023 Crane Credit Union 990 filed
November 15, 2023:
2022 Crane Credit Union 990 filed

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