Numark Credit Union
Joliet, IL · EIN 36-6006909 · Public and societal benefit · Rank 8,191 by total revenue
The credit union operates to encourage thrift among its members, create a source of credit at a reasonable rate of interest, and to provide an opportunity for its members to use and control their own money in order to improve their economic and social conditions.
Money, Form 990 for tax year 2025
- Total revenue
- $61,360,817
- Total expenses
- $55,401,558
- Total assets
- $884,714,514
- Salary base (all salaries and wages)
- $12,795,028
- Salaries, other pay and benefits
- $18,222,406
- Employees
- 222
- Salary base per employee
- $57,635
"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 (20)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Michelle Balog | PRESIDENT/CEO | Officer | 40 | $409,699 |
| Steve Clark | CLO | Officer | 40 | $284,440 |
| Debbie Reed | CFO | Officer | 40 | $252,586 |
| Bernard Niewoehner | EVP | Officer | 40 | $245,817 |
| Kevin Quinn | CIO | Key employee | 40 | $289,529 |
| Jessica Mellen | CXO | Key employee | 40 | $234,322 |
| Susan Pfeiffer | SR MORTGAGE LOAN ORIGINATO | Key employee | 40 | $230,873 |
| Harry Stewart | VP OF MORTGAGE LENDING | Key employee | 40 | $229,368 |
| Mark Govednik | SR VP COMMERCIAL AND AG LENDING | Key employee | 40 | $213,139 |
| Laurie Veasy | VP OF LENDING | Key employee | 40 | $197,044 |
| Wally Chlipala | DIRECTOR | Board | 4 | None reported |
| Dave Harris | DIRECTOR | Board | 4 | None reported |
| Clifford Struthers | CHAIRPERSON | Board | 4 | None reported |
| Raymond Eich | SECRETARY | Board | 4 | None reported |
| Steven Magruder | DIRECTOR | Board | 4 | None reported |
| Jim Broz | TREASURER | Board | 4 | None reported |
| George Fiegle | DIRECTOR | Board | 4 | None reported |
| Dennis Hughes | DIRECTOR | Board | 4 | None reported |
| Joe Joseph | VICE CHAIRPERSON | Board | 4 | None reported |
| Greg Zilinsky | DIRECTOR | Board | 4 | None reported |
Top 10 paid people listed
These 10 people received $2,742,479, which is 21.4% of the $12,795,028 salary base shared by 222 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Michelle Balog | PRESIDENT/CEO | Officer | 40 | $368,521 | $0 | $41,178 | $409,699 |
| Lloyd Fredendall | FORMER PRESIDENT AND CEO | Former | 40 | $232,701 | $0 | $120,005 | $352,706 |
| Kevin Quinn | CIO | Key employee | 40 | $225,019 | $0 | $64,510 | $289,529 |
| Steve Clark | CLO | Officer | 40 | $226,648 | $0 | $57,792 | $284,440 |
| Debbie Reed | CFO | Officer | 40 | $214,642 | $0 | $37,944 | $252,586 |
| Bernard Niewoehner | EVP | Officer | 40 | $219,014 | $0 | $26,803 | $245,817 |
| Jessica Mellen | CXO | Key employee | 40 | $208,613 | $0 | $25,709 | $234,322 |
| Susan Pfeiffer | SR MORTGAGE LOAN ORIGINATO | Key employee | 40 | $195,580 | $0 | $35,293 | $230,873 |
| Harry Stewart | VP OF MORTGAGE LENDING | Key employee | 40 | $198,754 | $0 | $30,614 | $229,368 |
| Mark Govednik | SR VP COMMERCIAL AND AG LENDING | Key employee | 40 | $181,857 | $0 | $31,282 | $213,139 |
Sources
- IRS e-file return 202630839349301573 (Form 990, period ending 2025-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 36-6006909
- Organization website (as filed): www.numarkcu.org