Great Lakes Credit Union
Bannockburn, IL · EIN 36-1163912 · Rank 6,479 by total revenue
The primary exempt purpose of great lakes credit union (glcu) is to provide loans, savings accounts and other financial services that promote the financial prosperity of our members.
Money, Form 990 for tax year 2024
- Total revenue
- $80,666,017
- Total expenses
- $83,814,042
- Total assets
- $1,481,537,874
- Salary base (all salaries and wages)
- $19,619,926
- Salaries, other pay and benefits
- $23,513,782
- Employees
- 290
- Salary base per employee
- $67,655
"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 |
|---|---|---|---|---|
| Steven Bugg | PRESIDENT/CEO | Officer | 40 | $735,702 |
| Timothy Lukomski | CHIEF FINANCIAL OFFICER | Officer | 40 | $363,907 |
| Michael Hersh | CHIEF ADMINISTRATIVE OFFICER | Officer | 40 | $323,071 |
| Patrick Basler | CHIEF EXPERIENCE OFFICER | Officer | 40 | $311,248 |
| Fred Campobasso | CHIEF LENDING OFFICER | Officer | 40 | $303,884 |
| Elizabeth Osborne | CHIEF OPERATIONS OFFICER | Officer | 40 | $300,313 |
| Michael Abraham | CHIEF STRATEGY OFFICER | Officer | 40 | $140,497 |
| Stephen M Park | DIRECTOR | Board | 7 | None reported |
| Patrice Price | BOARD CHAIR | Board | 7 | None reported |
| James A Fabrie | DIRECTOR | Board | 5 | None reported |
| Jim March | EMERITUS DIRECTOR | Board | 5 | None reported |
| R Lee Piekarz | BOARD TREASURER | Board | 5 | None reported |
| Kevin Leman | BOARD VICE CHAIR | Board | 5 | None reported |
| David Goles | DIRECTOR | Board | 5 | None reported |
| Cathy Corbi | BOARD SECRETARY | Board | 5 | None reported |
| Sarah Marshall | DIRECTOR | Board | 5 | None reported |
| William Harlan | DIRECTOR | Board | 5 | None reported |
Top 10 paid people listed
These 10 people received $3,241,032, which is 16.5% of the $19,619,926 salary base shared by 290 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Steven Bugg | PRESIDENT/CEO | Officer | 40 | $685,247 | $0 | $50,455 | $735,702 |
| Timothy Lukomski | CHIEF FINANCIAL OFFICER | Officer | 40 | $313,735 | $0 | $50,172 | $363,907 |
| Michael Hersh | CHIEF ADMINISTRATIVE OFFICER | Officer | 40 | $276,900 | $0 | $46,171 | $323,071 |
| Patrick Basler | CHIEF EXPERIENCE OFFICER | Officer | 40 | $260,853 | $0 | $50,395 | $311,248 |
| Fred Campobasso | CHIEF LENDING OFFICER | Officer | 40 | $272,089 | $0 | $31,795 | $303,884 |
| Elizabeth Osborne | CHIEF OPERATIONS OFFICER | Officer | 40 | $259,885 | $0 | $40,428 | $300,313 |
| Donna Wiorek | SENIOR VICE PRESIDENT - AC | Highly paid employee | 40 | $233,645 | $0 | $11,734 | $245,379 |
| Brian Gawin | VP COMMERCIAL LENDING | Highly paid employee | 40 | $196,712 | $0 | $33,885 | $230,597 |
| Diana Byers | SVP ENTERPRISE RISK MANAGE | Highly paid employee | 40 | $210,981 | $0 | $19,127 | $230,108 |
| Predrag Grmusa | VP OF HUMAN RESOURCES & OR | Highly paid employee | 40 | $153,202 | $0 | $43,621 | $196,823 |
Sources
- IRS e-file return 202503109349304805 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 36-1163912
- Organization website (as filed): www.glcu.org