1st Midamerica Credit Union
Bethalto, IL · EIN 37-0580723 · Rank 7,598 by total revenue
The objectives of 1st MidAmerica Credit Union are to know and meet financial needs of our members, to maintain long term financial soundness, to be active in community affairs, and to be a preeminent service provider to our members. We are continually expanding our list of services to better meet the financial needs of our members.
Money, Form 990 for tax year 2024
- Total revenue
- $66,844,817
- Total expenses
- $59,092,699
- Total assets
- $1,000,354,535
- Salary base (all salaries and wages)
- $12,612,857
- Salaries, other pay and benefits
- $15,951,742
- Employees
- 250
- Salary base per employee
- $50,451
"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 (14)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Alan Meyer | President/CEO | Officer | 50 | $1,815,914 |
| James Cherry | Chief Information Officer | Officer | 50 | $652,758 |
| Robert Blacklock | Chief Financial Officer | Officer | 50 | $432,554 |
| Perry Withers | Chief Lending Officer | Officer | 50 | $397,427 |
| Amber Scott | Chief Experience Officer | Officer | 50 | $264,238 |
| Rosemary Gibson | Chairman | Board | 10 | None reported |
| Andrew Macias | Vice Chairman | Board | 2 | None reported |
| Chris Greer | Treasurer | Board | 2 | None reported |
| Henry Vize | Secretary | Board | 2 | None reported |
| Joshua Evans | Director | Board | 2 | None reported |
| Timothy Kallal | Director | Board | 2 | None reported |
| Rebecca Alexander | Director | Board | 2 | None reported |
| Bill Meyer | Director | Board | 2 | None reported |
| Lori Artis | Director | Board | 2 | None reported |
Top 10 paid people listed
These 10 people received $4,858,945, which is 38.5% of the $12,612,857 salary base shared by 250 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Alan Meyer | President/CEO | Officer | 50 | $1,028,397 | $0 | $787,517 | $1,815,914 |
| James Cherry | Chief Information Officer | Officer | 50 | $468,897 | $0 | $183,861 | $652,758 |
| Terri Herbstreit | Vice President of Accounting | Highly paid employee | 50 | $308,503 | $0 | $180,066 | $488,569 |
| Robert Blacklock | Chief Financial Officer | Officer | 50 | $323,537 | $0 | $109,017 | $432,554 |
| Perry Withers | Chief Lending Officer | Officer | 50 | $266,533 | $0 | $130,894 | $397,427 |
| Amber Scott | Chief Experience Officer | Officer | 50 | $221,036 | $0 | $43,202 | $264,238 |
| Elysa Robin | VP of Human Resources | Highly paid employee | 50 | $220,695 | $0 | $27,827 | $248,522 |
| Brenda Jackson | Vice President Branch Operations | Highly paid employee | 50 | $178,302 | $0 | $33,861 | $212,163 |
| Gary Hoggatt Jr | Vice President of Mortgage Services | Highly paid employee | 50 | $142,091 | $0 | $36,618 | $178,709 |
| Brett Pont | Vice President of Commercial Lending | Highly paid employee | 50 | $160,854 | $0 | $7,237 | $168,091 |
Sources
- IRS e-file return 202503159349304300 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 37-0580723
- Organization website (as filed): www.1stmidamerica.org