Compensation 990

Simplicity Credit Union

Fiscal year ending 2023. Filed on October 14, 2024.

222 E Upham Avenue
Marshfield, Wisconsin 54449

Simplicity Credit Union (EIN: 39-0860994) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2023 IRS Form 990 filing, Simplicity Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 8 out of 150 total employees. Among the employees shown here, the average compensation is $176,847. The highest compensated employee at Simplicity Credit Union is Nicholas Faber with fiscal year 2023 compensation of $330,230.

Revenue, expenses, and employee compensation

Revenue

$26,321,652

Expenses

$22,916,235

Employee compensation

$8,841,376
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋5.4%vs 2022
Nicholas Faber
President and Chief Executive Officer
$330,230
$319,889 from orgNo related comp$10,341 other
＋64.7%vs 2022
James Nowak
Chief Financial Officer
$195,114
$189,320 from orgNo related comp$5,794 other
＋2.2%vs 2022
Kelly Korth
Chief Strategy Officer
$190,929
$187,877 from orgNo related comp$3,052 other
－40.7%vs 2022
Jason Buchinger
Advisor
$186,343
$179,457 from orgNo related comp$6,886 other
＋7.6%vs 2022
Richard Szabo
Vice President, Information Technology
$151,731
$147,354 from orgNo related comp$4,377 other
New in 2023
Sandy Rueth
Mortgage Lender
$126,901
$123,166 from orgNo related comp$3,735 other
＋3.3%vs 2022
Jen Stanton
Chief Revenue Officer
$117,136
$112,952 from orgNo related comp$4,184 other
New in 2023
Ben Bauer
Executive Director Exclamation
$116,395
$111,606 from orgNo related comp$4,789 other

Non-Employee Board Members

＋50.7%vs 2022
Mark Page
Chair
$1,650
$1,650 from orgNo related compNo other comp
＋30.2%vs 2022
Iilee Pederson
Director
$755
$755 from orgNo related compNo other comp
＋15%vs 2022
Sue Shulfer
Secretary and Treasurer
$690
$690 from orgNo related compNo other comp
＋32.3%vs 2022
Bobbi Bradley
Director
$615
$615 from orgNo related compNo other comp
＋4.4%vs 2022
Tom McCarten
Director
$590
$590 from orgNo related compNo other comp
＋4.4%vs 2022
Paul Hauffe
Director
$590
$590 from orgNo related compNo other comp
－4.4%vs 2022
Herb Stephani
Director
$540
$540 from orgNo related compNo other comp

Mission Statement

A NONPROFIT MEMBER-OWNED THRIFT INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO INDIVIDUALS. OPERATIONS ARE PRIMARILY RELATED TO HOLDING DEPOSITS FOR AND MAKING LOANS TO MEMBERS.

Revisions to this organization profile

November 11, 2025:
2024 Simplicity Credit Union 990 filed
October 14, 2024:
2023 Simplicity Credit Union 990 filed
November 14, 2023:
2022 Simplicity Credit Union 990 filed

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