Compensation 990

Educators Credit Union

Fiscal year ending 2021. Filed on November 10, 2022.

1326 Willow Road
MT Pleasant, Wisconsin 53177

Educators Credit Union (EIN: 39-0555293) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Educators Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 9 out of 729 total employees. Among the employees shown here, the average compensation is $259,939. The highest compensated employee at Educators Credit Union is Linda Hoover with fiscal year 2021 compensation of $618,466.

Revenue, expenses, and employee compensation

Revenue

$148,422,728

Expenses

$111,926,804

Employee compensation

$41,152,233
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－1.8%vs 2020
Linda Hoover
President and Chief Executive Officer
$618,466
$603,167 from orgNo related comp$15,299 other
－0.0%vs 2020
Kurt Johnson
CFO (Thru NOV)
$293,330
$286,434 from orgNo related comp$6,896 other
－5.6%vs 2020
Michael Mikkelson
CIO (Thru October)
$258,321
$244,795 from orgNo related comp$13,526 other
New in 2021
Joseph Brazgel
Chief Information Officer
$224,867
$196,037 from orgNo related comp$28,830 other
＋15.4%vs 2020
Shannon Huot
Chief Experience Officer
$218,783
$191,497 from orgNo related comp$27,286 other
－27.0%vs 2020
James Henderson
Chief Administrative Officer
$187,183
$168,352 from orgNo related comp$18,831 other
＋0.6%vs 2020
Maggie Feager
Vice President, Human Resources
$183,308
$162,576 from orgNo related comp$20,732 other
New in 2021
James Justman
Chief Financial Officer
$181,857
$177,306 from orgNo related comp$4,551 other
＋19.7%vs 2018
Lori Gorkowski
Vice President Payments
$173,335
$161,744 from orgNo related comp$11,591 other

Non-Employee Board Members

＋43.8%vs 2020
Mary Lueneburg
Chair
$4,529
$4,529 from orgNo related compNo other comp
＋286.7%vs 2020
Sarah Fierek
Board Member
$2,900
$2,900 from orgNo related compNo other comp
＋205.9%vs 2020
Milton Dockery
Secretary
$2,600
$2,600 from orgNo related compNo other comp
＋2.0%vs 2020
Brad Zautcke
Treasurer
$2,500
$2,500 from orgNo related compNo other comp
±0%vs 2020
William Halsey
Board Member
$2,450
$2,450 from orgNo related compNo other comp
－6.7%vs 2020
Paul Pelzek
Board Member
$2,100
$2,100 from orgNo related compNo other comp
＋254.5%vs 2020
Donald Lodge
Associate Board Member
$1,950
$1,950 from orgNo related compNo other comp
－21.4%vs 2020
Logan Martin
Associate Board Member
$1,650
$1,650 from orgNo related compNo other comp
＋146.2%vs 2020
Elton Demeti
Associate Board Member
$1,600
$1,600 from orgNo related compNo other comp
－54.9%vs 2020
Cheryl Kothe
Vice Chair
$1,600
$1,600 from orgNo related compNo other comp
－42.3%vs 2020
Clarence Allen
Board Member
$1,500
$1,500 from orgNo related compNo other comp
＋52.9%vs 2020
Janet Days
Associate Board Member
$1,300
$1,300 from orgNo related compNo other comp

Mission Statement

OUR GOAL IS TO BE THE BEST CREDIT UNION, NOT THE LARGEST. THIS CAN BE ACHIEVED BY HAVING THE MOST LOYAL MEMBERS THROUGH THEIR USE OF OUR PRODUCTS, SERVICES, TECHNOLOGY, AND WILLINGNESS TO REFER OTHERS TO EDUCATORS CREDIT UNION.

Revisions to this organization profile

September 12, 2025:
2024 Educators Credit Union 990 filed
October 21, 2024:
2023 Educators Credit Union 990 filed
October 2, 2023:
2022 Educators Credit Union 990 filed

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