Compensation 990

Pelican State Credit Union

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

2675 Oneal Lane
Baton Rouge, Louisiana 70816

Pelican State Credit Union (EIN: 72-0498240) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Pelican State Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 8 out of 400 total employees. Among the employees shown here, the average compensation is $401,130. The highest compensated employee at Pelican State Credit Union is Jeffrey Conrad with fiscal year 2024 compensation of $721,517.

Revenue, expenses, and employee compensation

Revenue

$88,451,502

Expenses

$88,194,236

Employee compensation

$30,735,640
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jeffrey Conrad
President and Chief Executive Officer
$721,517
$658,590 from orgNo related comp$62,927 other
Annette Thames
CMEO
$625,657
$584,713 from orgNo related comp$40,944 other
Melissa Ott
Executive Vice President and Chief Financial Officer
$455,880
$389,582 from orgNo related comp$66,298 other
Charles Morgan
Senior Vice President Information Technology
$314,353
$264,198 from orgNo related comp$50,155 other
Benjamin Manry
Senior Vice President Lending and Member Solutions
$297,616
$249,028 from orgNo related comp$48,588 other
Leigh Porta
Chief Growth Officer
$273,818
$239,776 from orgNo related comp$34,042 other
Lindsey Richard
Vice President Projects, Operations and RISK
$263,427
$217,205 from orgNo related comp$46,222 other
Kathleen Ford
Senior Vice President, Human Resources
$256,774
$202,294 from orgNo related comp$54,480 other

Non-Employee Board Members

Janelle Folse
Board Chair
$10,800
$10,800 from orgNo related compNo other comp
Linda Lochbrunner
Board Treasurer
$10,200
$10,200 from orgNo related compNo other comp
Tawana Carmouche
Board Member
$9,000
$9,000 from orgNo related compNo other comp
William Mullinnix
Board Member
$9,000
$9,000 from orgNo related compNo other comp
Samuel McDaniel
Board Member
$9,000
$9,000 from orgNo related compNo other comp
Gary Crockett
Board Member
$9,000
$9,000 from orgNo related compNo other comp
David Colvin
Board Member
$9,000
$9,000 from orgNo related compNo other comp
David Gill
Board Vice Chair
$8,250
$8,250 from orgNo related compNo other comp
Shannon Thorn
Board Member
$8,250
$8,250 from orgNo related compNo other comp
Jonathan Phillips
Supervisory Committee Chair
$4,500
$4,500 from orgNo related compNo other comp
Colandra Paige Smith
Supervisory Committee Member
$4,000
$4,000 from orgNo related compNo other comp
Brad Colwell
Supervisory Committee Member
$4,000
$4,000 from orgNo related compNo other comp

Contractors

Dbsi Inc.
Architecture
$3,600,940
Jack Henry
Core System
$1,522,158
Fmmfi
Building Maintenace
$1,068,519
Qsi Inc.
Itm Provider
$995,812
Allied
Security
$944,551

Mission Statement

PROVIDE BANKING RELATED SERVICES TO MEMBERS, MANY OF WHOM LIVE BELOW FEDERAL AND STATE POVERTY LEVELS.

Revisions to this organization profile

November 14, 2025:
2024 Pelican State Credit Union 990 filed
November 13, 2024:
2023 Pelican State Credit Union 990 filed
November 8, 2023:
2022 Pelican State Credit Union 990 filed

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