Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).
Status and standing
Financial health
Summary of the Filing
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Revenue growth | 33% | — | — |
| Legal fee ratio | 0.07% | — | — |
| Accounting fee ratio | 0.2% | — | — |
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.
Leadership and pay
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Linda Hoover | $767,522 | $725,266 | $662,722 | $603,167 | $611,559 |
| James Justman | $320,992 | $293,189 | $275,905 | $177,306 | — |
| Kurt Johnson | — | $300,138 | $284,584 | $286,434 | $289,260 |
| Joseph Brazgel | $299,840 | $262,874 | $248,551 | $196,037 | — |
| Glenn Brusky | $253,490 | $169,996 | $165,434 | — | — |
| Michael Mikkelson | — | — | — | $244,795 | $253,427 |
| Shannon Huot | $227,740 | $217,833 | $206,857 | $191,497 | $180,805 |
| Rich Chiapete | $225,014 | $190,637 | $172,938 | — | — |
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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Governance & Policies
Mission and programs
Educates and advises people to earn their loyalty and help them succeed.
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Where the work happens
Educators credit union provides very competitive rates on saving, checking, CDS, iras, and money market accounts with balances over $2.8 billion. Educators the credit union gave back over $5.1 million dollars back to our loyal members through our member loyalty program.
We have over 230,000 members and focus on educating them in our branches as well as through community activities. Educators gave back more than $740,000 back to the communities in which we serve. Educators credit union also awarded a total of $70,000 to 35 school students to help offset the cost of higher education.
Educators credit union provides business and consumer loans and leases. Current loan portfolio is over $2.2 billion. Educators offers educational seminars to help inform its membership and tools to help make large purchases, such as home and autos.
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Funders
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Filing history
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2024 Latest | $231.7M | $194.5M | +5% | 990 PDF |
| FY2023 Viewing | $221.5M | $177.5M | +33% | 990 PDF |
| FY2022 | $166.8M | $134.8M | +12% | 990 PDF |
| FY2021 | $148.4M | $111.9M | +1% | 990 PDF |
| FY2020 | $146.7M | $108.1M | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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