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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 Lennox Employees Credit Union

Lennox Employees Credit Union

Fiscal year ending 2024. Filed on October 20, 2025.

1004 E Main St
Marshalltown, Iowa 50158

Lennox Employees Credit Union (EIN: 42-0672110) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Lennox Employees Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 3 out of 15 total employees. Among the employees shown here, the average compensation is $79,604. The highest compensated employee at Lennox Employees Credit Union is Carl Mundth with fiscal year 2024 compensation of $137,337.

Revenue, expenses, and employee compensation

Revenue

$3,693,807

Expenses

$3,249,648

Employee compensation

$840,096
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Carl Mundth
President and Chief Executive Officer
$137,337
$98,500 No related comp$38,837
Linda Gibbs
Vice President Member SV
$93,438
$72,550 No related comp$20,888
Alan Keiwiet
Vice President and Chief Financial Officer
$8,036
$8,036 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Andy Schwandt
Vice Chair
Christine Wagner
Secretary (P
Deb Sams
Director
Debra Kerr
Treasurer
Itzel Zavaia
Director
Janette Oetker
Secretary (P
Kelly Jensen
Director
Lynne Carroll
Treasurer
Melinda Young
Director
Patti Jay
Director
Rich Park
Director
Toby Brimmer
Director

Contractors

Bradford Scott
Core Processor
$173,273

Mission Statement

OUR MISSION IS TO OFFER A VARIETY OF COMPETITIVE FINANCIAL SERVICES IN A FRIENDLY, EFFICIENT, CONVENIENT, AND CONFIDENTIAL MANNER TO LENNOX EMPLOYEES AND THEIR FAMILIES, SELECT EMPLOYEE GROUPS AND THEIR FAMILIES, AS CREDIT UNION MEMBERS. GIVING MEMBERS FAST, COURTEOUS MEMBER SERVICE FROM A CONFIDENT, COMPETENT, WELL-TRAINED STAFF IS PRIORITY. AIDING MEMBERS IN EDUCATED MANAGEMENT OF MONEY AND RESPONDING WITH PRODUCTS AND SERVICES TO MEET THEIR EVER-CHANGING NEEDS.

Revisions to this organization profile

October 20, 2025:
2024 Lennox Employees Credit Union 990 filed
October 28, 2024:
2023 Lennox Employees Credit Union 990 filed
November 1, 2023:
2022 Lennox Employees Credit Union 990 filed

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