Compensation 990

Marine Credit Union

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

811 Monitor Street
LA Crosse, Wisconsin 54603

Marine Credit Union (EIN: 39-0827305) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Marine Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 13 out of 593 total employees. Among the employees shown here, the average compensation is $307,468. The highest compensated employee at Marine Credit Union is Shawn Hanson with fiscal year 2020 compensation of $621,700.

Revenue, expenses, and employee compensation

Revenue

$71,099,257

Expenses

$73,189,234

Employee compensation

$36,851,681
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋43.1%vs 2018
Shawn Hanson
Chief Executive Officer
$621,700
$599,059 from orgNo related comp$22,641 other
New in 2020
William James
Chief Financial Officer
$396,797
$368,541 from orgNo related comp$28,256 other
＋35.8%vs 2018
Adam Keer
Chief Experience Officer
$338,846
$311,796 from orgNo related comp$27,050 other
＋56.5%vs 2017
Kenneth Brossman
Chief Sales Officer
$330,314
$303,264 from orgNo related comp$27,050 other
＋26.0%vs 2018
Jack Kalander
Chief Information Officer
$297,640
$266,511 from orgNo related comp$31,129 other
New in 2020
Joshua Moore
Senior Vice President of Mortgage Lending
$296,593
$269,330 from orgNo related comp$27,263 other
＋24.5%vs 2018
Gregory Higgins
Chief HR Officer (Thru12/20)
$291,882
$265,859 from orgNo related comp$26,023 other
New in 2020
Jack Haworth
Chief Sales Officer (Thru 2/20)
$258,151
$255,675 from orgNo related comp$2,476 other
New in 2020
James Mangold
Senior Vice President Regional Manager (Thru 9/20)
$239,625
$219,643 from orgNo related comp$19,982 other
＋17.7%vs 2017
Michael Maxwell
Vice President of LOAN Operations
$238,950
$217,634 from orgNo related comp$21,316 other
＋25.4%vs 2018
Michael Spillane
Senior Vice President of LOAN Quality and Credit RISK
$236,629
$212,648 from orgNo related comp$23,981 other
New in 2020
Katie Tolokken
Chief Operating Officer
$233,584
$216,377 from orgNo related comp$17,207 other

Non-Employee Board Members

±0%vs 2018
Tom Knothe
Board Chair
$24,000
$24,000 from orgNo related compNo other comp
±0%vs 2018
Mark Reed
Board Secretary
$18,000
$18,000 from orgNo related compNo other comp
±0%vs 2018
William Maas
Board Member
$18,000
$18,000 from orgNo related compNo other comp
＋100%vs 2018
Anne Snow
Board Member
$18,000
$18,000 from orgNo related compNo other comp
－16.7%vs 2018
William Sacia
Board Vice Chair
$15,000
$15,000 from orgNo related compNo other comp
－25%vs 2018
Robert Carney
Board Treasurer
$13,500
$13,500 from orgNo related compNo other comp
New in 2020
Jonathon Horne
Board Member
$6,000
$6,000 from orgNo related compNo other comp

Contractors

－14.6%vs 2019
Member Driven Technologies
Software Maintenance
$1,459,146
New in 2020
Salesforcecom Inc.
Software
$592,186
＋32.1%vs 2018
Transunion
Credit Reports
$410,010
New in 2020
Ncino Inc.
Software
$309,268
New in 2020
Vendi Advertising LLC
Marketing
$282,952

Mission Statement

WE WILL SERVE MORE OF THE UNDERSERVED WITH PRODUCTS, SERVICE, TIME AND GIVING. WE WILL INCREASE THE NUMBER AND PERCENTAGE OF CUSTOMERS AVAILING THEMSELVES OF A VARIETY OF HIGH QUALITY SERVICES.

Other organizations also named Marine Credit Union

Marine Credit Union Foundation
LA Crosse, Wisconsin

Revisions to this organization profile

September 23, 2025:
2024 Marine Credit Union 990 filed
September 25, 2024:
2023 Marine Credit Union 990 filed
November 14, 2023:
2022 Marine Credit Union 990 filed

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