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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 2024. Filed on November 17, 2025.

11311 Cornell Park Drive 124
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 2024 IRS Form 990 filing, General Electric Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 17 out of 619 total employees. Among the employees shown here, the average compensation is $282,503. The highest compensated employee at General Electric Credit Union is Timothy D Ballinger with fiscal year 2024 compensation of $929,224.

Revenue, expenses, and employee compensation

Revenue

$251,427,949

Expenses

$270,893,564

Employee compensation

$44,487,031
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Timothy D Ballinger
President and Chief Executive Officer
$929,224
$871,288 No related comp$57,936
Brandon J Wheatley
LOAN Originator
$304,726
$294,363 No related comp$10,363
Daniel J Vonderhaar
Chief Financial Officer
$280,511
$238,089 No related comp$42,422
Neil D Peterson
Chief Credit Officer
$274,971
$243,179 No related comp$31,792
Scott Meyer
Vice President of Mortgage Originations
$272,685
$263,603 No related comp$9,082
Nicholas McEvoy
Chief Delivery Officer
$252,164
$216,552 No related comp$35,612
Jill Lingo
Chief Communications Officer
$251,382
$216,014 No related comp$35,368
Ashley Cunningham
Chief Development Officer
$251,095
$215,844 No related comp$35,251
Robin Sargent
Chief Support Officer
$242,880
$208,139 No related comp$34,741
Joseph Elam
Chief Information Officer
$242,530
$200,572 No related comp$41,958
Jeffrey Lenzer
Chief Risk Officer
$242,456
$213,620 No related comp$28,836
Brian Lucas
Senior Vice President of Compliance
$220,414
$189,279 No related comp$31,135

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

Fiserv
Core Processing
$3,364,004
Oswald
Construction
$2,934,476
NCR Corporation
Itm/Digital
$2,490,173
St Gregory Group
Marketing
$1,747,345
Meridianlink
Software Provider
$1,204,072

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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