Beacon Credit Union
Provides financial services and loans to members. For fiscal year 2024 it reported $71.0M in revenue, $66.5M in expenses, and $162.7M in net assets.Pt I
- Founded
- 1931
- Type
- Mutual-benefit / member-serving · Public & Societal Benefit
- Location
- Wabash, IN
- Website
- www.beaconcu.org
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Dustin Cuttriss’s $675K as President/CEO is at the 87th 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 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Kevin Willour | — | $373,497 | $818,989 | $773,257 | $405,601 |
| Dustin Cuttriss | $675,078 | $649,966 | $323,444 | $262,831 | $246,154 |
| Dan Sparling | — | $446,994 | $130,248 | — | — |
| Tina Byerly | — | — | — | — | $305,036 |
| Steve Caryer | $296,813 | $293,697 | $144,905 | — | — |
| Todd Beehler | $279,996 | $281,845 | $266,974 | $246,572 | $230,478 |
| Tiffany Haupert | $242,671 | $184,250 | $253,391 | $280,789 | $184,486 |
| Ryan Showley | $241,748 | $244,989 | $224,992 | $205,920 | $203,559 |
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
Beacon provides multiple types of loan products responsive to the needs of its members including Agriculture, Commercial, Mortgage and Consumer loans. It has 11,416 individual loans totaling $1,057,726,181
Beacon Credit Union provides a superior member service experience by offering competitive deposit rates and deposit products to its members. It has 105,196 deposit accounts totaling $1,213,360,595
Beacon Credit Union provides 19 Full Service branches, 7 Loan Production offices and 2 back office facilities to meet the operational demands of over 47,000 members
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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% | — | — |
| Investment management fee ratio | 0.02% | — | — |
| Legal fee ratio | 0.8% | — | — |
| Accounting fee ratio | 0.5% | — | — |
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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