Forum Credit Union
Indianapolis, IN · EIN 35-0779057 · Public and societal benefit · Rank 3,937 by total revenue
Forum credit union's mission is to be an innovative, dynamic, responsive financial services organization that provides products and services that create value for its members.
Money, Form 990 for tax year 2024
- Total revenue
- $144,668,455
- Total expenses
- $119,619,367
- Total assets
- $2,173,451,335
- Salary base (all salaries and wages)
- $32,260,866
- Salaries, other pay and benefits
- $41,273,415
- Employees
- 460
- Salary base per employee
- $70,132
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (17)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Douglas True | CHIEF EXECUTIVE OFFICER | Officer | 40 | $790,523 |
| Jeffry Welch | CHIEF FINANCIAL OFFICER | Officer | 40 | $442,889 |
| Charles Andrew Mattingly | CHIEF OPERATING OFFICER | Officer | 40 | $428,327 |
| Jennifer Budreau | CHIEF OPERATING OFFICER | Officer | 40 | $398,360 |
| Tracy Mills | VICE CHAIRMAN | Board, Officer | 5 | $4,943 |
| Rick Rambo | TREASURER | Board, Officer | 5 | $2,446 |
| Kevin Hunt | CHAIRMAN | Board, Officer | 5 | $1,267 |
| Chris Hagenow | SECRETARY | Board, Officer | 5 | $940 |
| Cameron Piercefield | CHIEF TECHNOLOGY AND RISK OFFICER | Key employee | 40 | $395,241 |
| Andrew Spirrison | CHIEF MEMBER EXPERIENCE OFFICER | Key employee | 40 | $345,565 |
| Michelle Baker | CHIEF PEOPLE OFFICER | Key employee | 40 | $231,705 |
| Kristi Lowell | CHIEF MARKETING AND COMMUNITY OFFICER | Key employee | 40 | $227,323 |
| Kelly Wilson | DIRECTOR | Board | 5 | $6,170 |
| John Gallina | DIRECTOR | Board | 5 | $3,875 |
| Jodee Curtis | DIRECTOR | Board | 5 | $3,672 |
| Lori Winkler | DIRECTOR | Board | 5 | $2,187 |
| Donna Wilkinson | DIRECTOR | Board | 5 | None reported |
Top 10 paid people listed
These 10 people received $4,272,024, which is 13.2% of the $32,260,866 salary base shared by 460 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Douglas True | CHIEF EXECUTIVE OFFICER | Officer | 40 | $730,163 | $0 | $60,360 | $790,523 |
| Benjamen Banks | FINANCIAL ADVISOR- PCG | Highly paid employee | 40 | $410,047 | $0 | $69,562 | $479,609 |
| Jeffry Welch | CHIEF FINANCIAL OFFICER | Officer | 40 | $406,121 | $0 | $36,768 | $442,889 |
| Charles Andrew Mattingly | CHIEF OPERATING OFFICER | Officer | 40 | $356,358 | $0 | $71,969 | $428,327 |
| Jennifer Budreau | CHIEF OPERATING OFFICER | Officer | 40 | $381,857 | $0 | $16,503 | $398,360 |
| Cameron Piercefield | CHIEF TECHNOLOGY AND RISK OFFICER | Key employee | 40 | $363,882 | $0 | $31,359 | $395,241 |
| Jim Carr | SENIOR VICE PRESIDENT - COMMERCIAL & INVESTMENT SERVICES | Highly paid employee | 40 | $311,259 | $0 | $53,013 | $364,272 |
| Tammy Marrs | FINANCIAL ADVISOR | Highly paid employee | 40 | $308,738 | $0 | $55,147 | $363,885 |
| Andrew Spirrison | CHIEF MEMBER EXPERIENCE OFFICER | Key employee | 40 | $281,039 | $0 | $64,526 | $345,565 |
| Christopher Ferguson | VICE PRESIDENT-CONSUMER LENDING | Highly paid employee | 40 | $222,091 | $0 | $41,262 | $263,353 |
Sources
- IRS e-file return 202523109349303107 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 35-0779057
- Organization website (as filed): www.forumcu.com