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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 Marine Credit Union

Marine Credit Union

Fiscal year ending 2021. Filed on November 14, 2022.

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 2021 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 543 total employees. Among the employees shown here, the average compensation is $257,588. The highest compensated employee at Marine Credit Union is William James with fiscal year 2021 compensation of $503,375.

Revenue, expenses, and employee compensation

Revenue

$73,550,706

Expenses

$61,676,503

Employee compensation

$37,892,743
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

William James
CFO (Thru 10/21) and CRO (AS of 11/21)
$503,375
$474,374 No related comp$29,001
Shawn Hanson
CEO (Thru 06/2021)
$303,001
$288,587 No related comp$14,414
Adam Keer
Chief Experience Officer
$287,432
$261,716 No related comp$25,716
Joseph Liethen
CFO (AS of 11/21)
$287,188
$261,937 No related comp$25,251
Kenneth Brossman
Chief Sales Officer
$254,425
$228,674 No related comp$25,751
Jack Kalander
Chief Information Officer
$251,895
$224,591 No related comp$27,304
Katie Tolokken
Chief Operating Officer
$245,975
$231,243 No related comp$14,732
Tom Knothe
Interim Ceo/Board Chair (AS of 6/21)
$210,500
$210,500 No related compNo other comp
Jason Kaufman
Vice President of Central Lending
$206,990
$183,042 No related comp$23,948
Troy Moen
Vice President, Operations
$202,683
$177,546 No related comp$25,137
Michael Spillane
Senior Vice President of LOAN Quality and Credit RISK
$200,687
$179,582 No related comp$21,105
Joshua Moore
Senior Vice President of Mortgage Lending
$200,277
$175,295 No related comp$24,982

Benchmark Employee Compensation

Non-Employee Board Members

Jonathon Horne
Board Third VICE Chair
$27,500
$27,500 No related compNo other comp
Mark D Reed
Board Secretary
$22,500
$22,500 No related compNo other comp
William Sacia
Board Vice Chair
$22,500
$22,500 No related compNo other comp
Anne Snow
Board Fourth VICE Chair
$22,500
$22,500 No related compNo other comp
William Maas
Board Second Vice Chair
$22,500
$22,500 No related compNo other comp
Mic Michels
Board Treasurer (AS of 05/21)
$15,000
$15,000 No related compNo other comp
Robert Carney
Board Treasurer (Thru 05/2021)
$7,500
$7,500 No related compNo other comp

Contractors

Member Driven Technologies
Software Maintenance
$1,483,643
Nusource Financial LLC
ATM Maintenance Supplies
$687,613
Salesforcecom Inc.
Software
$607,886
Vendi Advertising LLC
Marketing
$529,521
Meridianlink
Software
$336,747

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.

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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Other organizations also named Marine Credit Union

Marine Credit Union Foundation
LA Crosse, Wisconsin