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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 Eecu

Eecu

Fiscal year ending 2023. Filed on May 2, 2024.

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 2023 IRS Form 990 filing, Eecu, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 18 out of 479 total employees. Among the employees shown here, the average compensation is $647,917. The highest compensated employee at Eecu is Lonnie Nicholson with fiscal year 2023 compensation of $2,342,644.

Revenue, expenses, and employee compensation

Revenue

$198,598,316

Expenses

$152,204,276

Employee compensation

$43,303,529
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lonnie Nicholson
Chief Executive Officer
$2,342,644
$2,312,265 No related comp$30,379
Robert C Sanger Retired Dec 2023
Executive Vice President
$1,821,007
$1,768,128 No related comp$52,879
Matt Kaudy
Executive Vice President
$832,736
$777,103 No related comp$55,633
David Shurtz
Chief Risk Officer
$739,025
$702,671 No related comp$36,354
Tim Burch
Chief Information Officer
$706,050
$677,187 No related comp$28,863
Robin Harris
Chief Member Experience Officer
$699,189
$668,810 No related comp$30,379
Bradley Schone
Chief Financial Officer
$661,697
$628,564 No related comp$33,133
Joe Rossa Retired Dec 2023
Chief Credit Officer
$637,825
$578,475 No related comp$59,350
Paula Holcomb
Chief People Officer
$584,423
$556,225 No related comp$28,198
Tim Grove
Vice President, Information Technology
$510,998
$455,365 No related comp$55,633
Keith Spivey
Vice President of Payment Systems
$500,089
$457,592 No related comp$42,497
Bryan Liles
Vice President, Commercial Lending
$289,438
$267,234 No related comp$22,204

Benchmark Employee Compensation

Non-Employee Board Members

Dr Rich Dear
Vice Chair
$11,486
$11,486 No related compNo other comp
George Thompson
Board Chair
$11,057
$11,057 No related compNo other comp
Dr Joe Bean
Secretary
$10,773
$10,773 No related compNo other comp
Dr Nikita Russell
Director
$10,658
$10,658 No related compNo other comp
Frank Molinar
Director
$10,123
$10,123 No related compNo other comp
Ben Davis
Director
$9,800
$9,800 No related compNo other comp
Karel Rucker
Director
$9,700
$9,700 No related compNo other comp
Mauro Serrano
Director
$9,502
$9,502 No related compNo other comp
Randall Armstrong
Director
$3,500
$3,500 No 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.

Revisions to this organization profile

April 3, 2025:
2024 Eecu 990 filed
May 2, 2024:
2023 Eecu 990 filed
May 2, 2023:
2022 Eecu 990 filed

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Eecu Community Foundation
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Michigan Community Credit Union Michigan EECU A Community Credit Union
Jackson, Michigan