Tech Credit Union
Encourages saving and offers affordable loans to members for their mutual benefit. For fiscal year 2025 it reported $34.1M in revenue, $32.2M in expenses, and $49.4M in net assets.Pt I
- Founded
- 1936
- Type
- Mutual-benefit / member-serving · Public & Societal Benefit
- Location
- Crown Point, IN
- Website
- www.techcu.org
- Filings
- 5 on file (2021–2025)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Eugene Novello’s $359K as President/CEO is at the 62nd percentile of top reported officer pay among 232 $10–100M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Eugene Novello | $359,088 | $342,068 | — | — | — |
| Eugene R Novello | — | — | $327,852 | $297,006 | $293,308 |
| Michael Casey | — | $269,392 | $183,076 | $176,324 | $182,675 |
| John Wilkening | $252,725 | $204,373 | — | — | — |
| Eric Rauch | $208,927 | $73,099 | — | — | — |
| Kim Carpenter | $197,111 | $163,941 | $151,892 | $176,695 | $203,050 |
| Arthur Wright | $166,562 | — | — | — | — |
| Zachery Hohulin | $164,736 | $159,710 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Maintain savings accounts for members (to promote thrift) and offer loans to members at low cost and reasonable interest rates. The credit union had approximately 38,027 members at the end of the year.
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Statement of Revenue
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Revenue growth | 14% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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