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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 Community Improvement & Capacity Building Members Advantage Credit Union

Members Advantage Credit Union

Fiscal year ending 2024. Filed on May 14, 2025.

3064 South Ohio Street
Michigan City, Indiana 46360

Members Advantage Credit Union (EIN: 35-6032041) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Members Advantage Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 2 out of 27 total employees. Among the employees shown here, the average compensation is $174,242. The highest compensated employee at Members Advantage Credit Union is Frank Beachnau with fiscal year 2024 compensation of $176,355.

Revenue, expenses, and employee compensation

Revenue

$6,037,069

Expenses

$5,861,609

Employee compensation

$1,646,823
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Frank Beachnau
President and Chief Executive Officer
$176,355
$142,171 No related comp$34,184
Robert Havens
Vice President
$172,129
$135,534 No related comp$36,595

Benchmark Employee Compensation

Non-Employee Board Members

Ben Neitzel
Director
Dennis Fischer
Director
Fran Brennan
Director
George Kazmierczak
Treasurer
Jack van Etten
Vice Chair
Michael Palmer
Chair

Mission Statement

STATE CHARTERED CREDIT UNION TO PROVIDE LOAN AND DEPOSIT SERVICES TO MEMBERS

Revisions to this organization profile

May 14, 2025:
2024 Members Advantage Credit Union 990 filed
May 14, 2024:
2023 Members Advantage Credit Union 990 filed
May 15, 2023:
2022 Members Advantage Credit Union 990 filed

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