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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 Public & Societal Benefit Financial Plus Credit Union

Financial Plus Credit Union

Fiscal year ending 2016. Filed on November 20, 2017.

800 Chestnut Street
Ottawa, Illinois 61350

Financial Plus Credit Union (EIN: 36-2282191) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2016 IRS Form 990 filing, Financial Plus Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 4 out of 96 total employees. Among the employees shown here, the average compensation is $147,378. The highest compensated employee at Financial Plus Credit Union is Timothy Odonnell with fiscal year 2016 compensation of $219,161.

Revenue, expenses, and employee compensation

Revenue

$13,486,079

Expenses

$10,734,752

Employee compensation

$4,369,817
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Timothy Odonnell
President and Chief Executive Officer
$219,161
$219,161 No related compNo other comp
Peter Fauth
Executive Vice President and Chief Financial Officer
$171,939
$171,939 No related compNo other comp
Betsy Penoyer
Vice President
$103,831
$103,831 No related compNo other comp
Dianne Bangert
Vice President and Chief Operating Officer
$94,579
$94,579 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Anthony Quigley
Board Treasurer
Gilbert Meyer
Board Chair
Joseph Navarro
Supervisory Committee Member
Paul Sweeden
Vice Chair
Robert Marshall
Supervisory Chair
Thomas Bretag
Board Member
Vincent Kozsdiy
Supervisory Committee Member
William Mucci
Board Secretary

Contractors

Digital Insight
Internet Banking
$760,041
Blue Cross Blue Shield
Employee Health Insurance
$471,065
Lkcs Inc.
Marketingstatement Proc
$338,650
Fiserv
Data Processing Systems
$259,248
LaSalle County Collector
Real Estate Taxes
$144,026

Mission Statement

THE CREDIT UNION ASSISTS THEIR MEMBERS IN THE MANAGEMENT OF THEIR FINANCIAL WELL BEING BY PROVIDING EXCEPTIONAL SERVICE TO MEMBERS.

Revisions to this organization profile

May 15, 2025:
2024 Financial Plus Credit Union 990 filed
November 15, 2024:
2023 Financial Plus Credit Union 990 filed
July 11, 2023:
2022 Financial Plus Credit Union 990 filed

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