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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 Membersalliance Credit Union

Membersalliance Credit Union

Fiscal year ending 2023. Filed on June 4, 2024.

2550 S Alpine
Rockford, Illinois 61108

Membersalliance Credit Union (EIN: 36-6066647) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Membersalliance Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 5 out of 100 total employees. Among the employees shown here, the average compensation is $160,942. The highest compensated employee at Membersalliance Credit Union is Cheryl Sio with fiscal year 2023 compensation of $209,090.

Revenue, expenses, and employee compensation

Revenue

$12,642,558

Expenses

$11,583,549

Employee compensation

$5,359,837
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Cheryl Sio
President
$209,090
$179,812 No related comp$29,278
Lisa Keller
Chief Operating Officer
$172,633
$127,454 No related comp$45,179
Christine Erickson
Vice President, Lending
$163,959
$162,498 No related comp$1,461
Kelly Froeliger
Vice President, Finance
$140,411
$106,609 No related comp$33,802
Matthew Lynch
Vice President of Branding and Development
$118,617
$103,277 No related comp$15,340

Benchmark Employee Compensation

Non-Employee Board Members

Chris Anderson
Board Member
Greg Hopkins
Board Chair
Keith Eden
Board Member
Mary Maxted
Supervisory Committee Chair
Michael Youngblood
Board Member
Steven Naff
Board Secratary
Susan Campbell
Board Member

Mission Statement

TO BE THE LEADER IN OUR COMMUNITY IN PROVIDING FINANCIAL PRODUCTS, EXCEPTIONAL SERVICE, AND FINANCIAL EDUCATION.

Revisions to this organization profile

June 10, 2025:
2024 Membersalliance Credit Union 990 filed
June 4, 2024:
Amended (originally filed June 3, 2024)2023 Membersalliance Credit Union 990 filed
July 10, 2023:
Amended (originally filed July 7, 2023)2022 Membersalliance Credit Union 990 filed

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