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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 General Electric Credit Union

General Electric Credit Union

Fiscal year ending 2020. Filed on November 15, 2021.

11311 Cornell Park Drive Suite 406
Cincinnati, Ohio 45242

General Electric Credit Union (EIN: 31-0568628) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, General Electric Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 15 out of 478 total employees. Among the employees shown here, the average compensation is $341,021. The highest compensated employee at General Electric Credit Union is Timothy D Ballinger with fiscal year 2020 compensation of $1,195,199.

Revenue, expenses, and employee compensation

Revenue

$143,747,706

Expenses

$131,444,654

Employee compensation

$30,699,756
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Timothy D Ballinger
President and Chief Executive Officer
$1,195,199
$1,138,527 No related comp$56,672
Kevin Riede
Information Technology Director
$423,353
$324,235 No related comp$99,118
Kevin Motley
Chief Financial Officer
$422,082
$394,878 No related comp$27,204
Neil Peterson
Director of Lending Services
$395,965
$287,790 No related comp$108,175
Matthew Dole
Human Resources Director
$361,052
$269,489 No related comp$91,563
Jill Lingo
Marketing Director
$308,123
$247,126 No related comp$60,997
Ashley Cunningham
Bus. Dvlpmnt/Member Service
$280,415
$233,143 No related comp$47,272
Brian Lucas
Compliance Officer
$267,075
$231,881 No related comp$35,194
Nicholas McEvoy
Chief Delivery Officer
$229,912
$198,129 No related comp$31,783
Melissa Ziegelmeyer
Director of Internal Audit
$227,839
$213,232 No related comp$14,607
Jeffrey Lenzer
IT Security Risk Management
$226,021
$203,533 No related comp$22,488
Sharon Short
Collection Manager
$214,798
$136,251 No related comp$78,547

Benchmark Employee Compensation

Non-Employee Board Members

Cheryl Hill
Second Vice Chair
Gayle Nyswonger
Director
Jerry Cabe
Director
Mary Cay Vessells
Chair
Michael Johnson
First Vice Chair
Perry Engstrom
Director
Richard Ille
Secretary and Treasurer
Robert Peak
Director

Contractors

NCR Corporation
IT
$3,868,470
Morelia Group
Consulting
$3,436,491
Fiserv
Core Processing
$2,958,204
St Gregory Group
Marketing
$1,985,627
16 Points
Investments
$1,385,336

Mission Statement

OFFER A VARIETY OF QUALITY PRODUCTS AND FINANCIAL SERVICES DESIGNED TO BENEFIT ALL MEMBERS UNDER A STRONG FINANCIAL STRUCTURE THAT ENSURES THE CONTINUED VIABILITY OF THE CREDIT UNION.

Revisions to this organization profile

November 17, 2025:
2024 General Electric Credit Union 990 filed
November 14, 2024:
2023 General Electric Credit Union 990 filed
November 15, 2023:
2022 General Electric Credit Union 990 filed

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