Compensation 990

Westmark Credit Union

Fiscal year ending 2024. Filed on July 28, 2025.

2520 Channing Way
Idaho Falls, Idaho 83403

Westmark Credit Union (EIN: 82-0218879) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Westmark Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 12 out of 327 total employees. Among the employees shown here, the average compensation is $219,514. The highest compensated employee at Westmark Credit Union is Mike Schenck with fiscal year 2024 compensation of $355,878.

Revenue, expenses, and employee compensation

Revenue

$89,871,813

Expenses

$82,420,225

Employee compensation

$22,920,389
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋34.9%vs 2023
Mike Schenck
Chief Executive Officer
$355,878
$355,878 from orgNo related compNo other comp
＋13.1%vs 2023
Polly Simpson
Chief Marketing Officer
$278,231
$278,231 from orgNo related compNo other comp
＋16.5%vs 2023
Davin Garlick
Executive Vice President and Chief Financial Officer
$243,992
$243,992 from orgNo related compNo other comp
New in 2024
Jade Beckman
Evp/Chief Member Experience Officer
$233,499
$233,499 from orgNo related compNo other comp
－5.5%vs 2023
Tammy Ridgwell
Evp/Chief Administrative Officer
$227,106
$227,106 from orgNo related compNo other comp
－16.4%vs 2023
Jayme O'Rullian
Vice President of WIS Administration
$199,615
$199,615 from orgNo related compNo other comp
－13.4%vs 2023
Don West
Chief Information Officer
$198,183
$198,183 from orgNo related compNo other comp
＋2.6%vs 2023
John Beal
Senior Vice President of Real Estate Administration
$197,045
$197,045 from orgNo related compNo other comp
New in 2024
Sara Plothow
Clxo-Consumer Lending
$184,231
$184,231 from orgNo related compNo other comp
＋21.8%vs 2023
Trevor Hansen
Clxo-Commercial/Real Estate
$181,688
$181,688 from orgNo related compNo other comp
＋2.5%vs 2023
Jonathan Galusha
Chief Branch Experience Officer
$173,738
$173,738 from orgNo related compNo other comp
－2.3%vs 2023
Colene Magera
Senior Vice President of Branches - Eastern Region
$160,963
$160,963 from orgNo related compNo other comp

Non-Employee Board Members

Derik Nielsen
Treasurer
Mike Ehlers
Board Chair
Mike Parker
Director
Nathan Stevens
Vice Chair
Rebecca Adams
Vice Chair
Steve Hammon
Secretary
Will Jenson
Director

Mission Statement

Provide traditional banking services to more than 76,000 members including consumer loans, real estate loans, commercial loans, checking, savings, deposit accounts and electronic banking services.

Revisions to this organization profile

July 28, 2025:
2024 Westmark Credit Union 990 filed
August 23, 2024:
2023 Westmark Credit Union 990 filed
June 28, 2023:
2022 Westmark Credit Union 990 filed

Get an email when new compensation information is released for Westmark Credit Union

Be the first to know when new IRS Form 990 data is published for this organization.

Related Jobs

View more jobs
Powered by Talroo
Report a discrepancy →