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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 Members Source Credit Union

Members Source Credit Union

Fiscal year ending 2023. Filed on November 15, 2024.

8580 Virginia Street
Merrillville, Indiana 46410

Members Source Credit Union (EIN: 35-0873966) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Members Source Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 1 out of 32 total employees. Among the employees shown here, the average compensation is $149,833. The highest compensated employee at Members Source Credit Union is James Falls with fiscal year 2023 compensation of $149,833.

Revenue, expenses, and employee compensation

Revenue

$3,875,419

Expenses

$3,399,729

Employee compensation

$1,303,774
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James Falls
Chief Executive Officer
$149,833
$114,505 No related comp$35,328

Benchmark Employee Compensation

Non-Employee Board Members

Barry Weiss
Vice Chair
Cecelia Larguara
Secretary
Donald Bowman
Director
Jason Harrigan
Director
Jeff Perz
Chair
Joanne Durkel
Director
Mitch Hershberger
Director
Ronald Harper
Director
Tom Pysh
Treasurer

Mission Statement

Credit Union is a not-for-profit, member-owned financial institution, we work hard to ensure the credit union philosophy of people helping people. We offer a full line of products and services.

Revisions to this organization profile

September 10, 2025:
2024 Members Source Credit Union 990 filed
November 15, 2024:
2023 Members Source Credit Union 990 filed
May 16, 2023:
2022 Members Source Credit Union 990 filed

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