Compensation 990

Forum Credit Union

Fiscal year ending 2024. Filed on November 5, 2025.

PO Box 50738
107 Schuler Dr
Indianapolis, Indiana 46250

Forum Credit Union (EIN: 35-0779057) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Forum Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 13 out of 460 total employees. Among the employees shown here, the average compensation is $383,997. The highest compensated employee at Forum Credit Union is Douglas True with fiscal year 2024 compensation of $790,523.

Revenue, expenses, and employee compensation

Revenue

$144,668,455

Expenses

$119,619,367

Employee compensation

$41,273,415
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Douglas True
Chief Executive Officer
$790,523
$730,163 from orgNo related comp$60,360 other
Benjamen Banks
Financial Advisor- PCG
$479,609
$410,047 from orgNo related comp$69,562 other
Jeffry Welch
Chief Financial Officer
$442,889
$406,121 from orgNo related comp$36,768 other
Charles Andrew Mattingly
Chief Operating Officer
$428,327
$356,358 from orgNo related comp$71,969 other
Jennifer Budreau
Chief Operating Officer
$398,360
$381,857 from orgNo related comp$16,503 other
Cameron Piercefield
Chief Technology and RISK Officer
$395,241
$363,882 from orgNo related comp$31,359 other
Jim Carr
Senior Vice President - Commercial and Investment Services
$364,272
$311,259 from orgNo related comp$53,013 other
Tammy Marrs
Advisor
$363,885
$308,738 from orgNo related comp$55,147 other
Andrew Spirrison
Chief Member Experience Officer
$345,565
$281,039 from orgNo related comp$64,526 other
Christopher Ferguson
Vice President, Consumer Lending
$263,353
$222,091 from orgNo related comp$41,262 other
Brian Crum
Vice President - REAL Estate, Servicing and Credit
$260,914
$229,337 from orgNo related comp$31,577 other
Michelle Baker
Chief People Officer
$231,705
$211,431 from orgNo related comp$20,274 other

Non-Employee Board Members

Kelly Wilson
Director
$6,170
$6,170 from orgNo related compNo other comp
Tracy Mills
Vice Chair
$4,943
$4,943 from orgNo related compNo other comp
John Gallina
Director
$3,875
$3,875 from orgNo related compNo other comp
Jodee Curtis
Director
$3,672
$3,672 from orgNo related compNo other comp
Rick Rambo
Treasurer
$2,446
$2,446 from orgNo related compNo other comp
Lori Winkler
Director
$2,187
$2,187 from orgNo related compNo other comp
Kevin Hunt
Chair
$1,267
$1,267 from orgNo related compNo other comp
Chris Hagenow
Secretary
$940
$940 from orgNo related compNo other comp
Donna Wilkinson
Director
No compensation reported

Contractors

Fiserv
Software
$2,534,943
Cdw
Technology Hardware and Softwae
$838,500
Qsi Inc.
Technology and Security for Cash
$720,215
Ttec Digital LLC
Phone System Technology
$559,916
Church Church Hittle & Antrim
Attorney-Collections
$553,915

Mission Statement

FORUM IS A 501(C)(14) EXEMPT ORGANIZATION THAT IS OPERATED FOR MUTUAL PURPOSES AND WITHOUT PROFIT THAT 1)PROMOTES THRIFT AMONG MEMBERS AND 2)PROVIDES LOW COST CREDIT FOR MEMBERS. ITS COLLECTIVE CHARGE IS TO BE AN INNOVATIVE, DYNAMIC, AND RESPONSIVE FINANCIAL SERVICES ORGANIZATION PROVIDING PRODUCTS AND SERVICES THAT CREATE VALUE FOR ITS MEMBERS.

Other organizations also named Forum Credit Union

Forum Credit Union Foundation Inc
Fishers, Indiana

Revisions to this organization profile

November 5, 2025:
2024 Forum Credit Union 990 filed
November 8, 2024:
2023 Forum Credit Union 990 filed
November 6, 2023:
2022 Forum Credit Union 990 filed

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