Eecu

Fiscal year ending 2024. Filed on April 3, 2025.

1617 West 7th Street
Fort Worth, Texas 76102

Eecu (EIN: 75-0275915) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Eecu, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 19 out of 519 total employees. Among the employees shown here, the average compensation is $515,432. The highest compensated employee at Eecu is Lonnie Nicholson with fiscal year 2024 compensation of $2,415,515.

Revenue, expenses, and employee compensation

Revenue

$245,984,426

Expenses

$192,743,334

Employee compensation

$42,808,492

Reported Compensated Employees

＋3.1%vs 2023

Lonnie Nicholson

Chief Executive Officer

$2,415,515

$2,376,831 from orgNo related comp$38,684 other

－5.0%vs 2023

Matt Kaudy

Executive Vice President

$791,082

$731,225 from orgNo related comp$59,857 other

$585,581 from orgNo related comp$37,384 other

$583,089 from orgNo related comp$38,684 other

－14.0%vs 2023

Tim Burch

Chief Information Officer

$607,385

$569,573 from orgNo related comp$37,812 other

－11.5%vs 2023

Bradley Schone

Chief Financial Officer

$585,734

$551,698 from orgNo related comp$34,036 other

$520,112 from orgNo related comp$35,180 other

－70.5%vs 2022

Robert Sanger

Executive Vice President (Retired)

$491,173

$487,862 from orgNo related comp$3,311 other

$434,547 from orgNo related comp$21,468 other

－12.9%vs 2023

Tim Grove

Vice President, Information Technology

$445,124

$380,588 from orgNo related comp$64,536 other

－11.4%vs 2023

Keith Spivey

Vice President Payment Systems

$443,158

$382,849 from orgNo related comp$60,309 other

＋2.6%vs 2023

Bryan Liles

Vice President Commercial

$296,933

$274,624 from orgNo related comp$22,309 other

Non-Employee Board Members

$10,999 from orgNo related compNo other comp

$10,614 from orgNo related compNo other comp

$10,482 from orgNo related compNo other comp

$10,435 from orgNo related compNo other comp

$10,405 from orgNo related compNo other comp

$8,740 from orgNo related compNo other comp

$8,500 from orgNo related compNo other comp

$8,500 from orgNo related compNo other comp

$8,500 from orgNo related compNo other comp

Mission Statement

To deliver banking experiences that enrich the lives and strengthen the financial well-being of our members and to thoughtfully contribute to the success of our industry and the communities we serve.