Scott Credit Union
Edwardsville, IL · EIN 37-0732817 · Rank 4,574 by total revenue
To serve members' needs by accepting deposits, granting loans and investing excess funds in a prudent manner.
Money, Form 990 for tax year 2024
- Total revenue
- $120,951,375
- Total expenses
- $114,208,098
- Total assets
- $1,745,004,988
- Salary base (all salaries and wages)
- $23,898,010
- Salaries, other pay and benefits
- $31,851,002
- Employees
- 436
- Salary base per employee
- $54,812
"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 (16)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Frank Padak | PRESIDENT AND CEO/BOD TREASURER | Board, Officer | 40 | $1,408,018 |
| Scott Seidl | EXECUTIVE VICE PRESIDENT | Officer | 40 | $527,712 |
| Scott Peters | CHIEF FINANCIAL OFFICER | Officer | 40 | $454,017 |
| David Bressler | CHIEF LENDING OFFICER | Key employee | 40 | $332,924 |
| Valentina Rhoden-Kimbrough | CHIEF HUMAN RESOURCES OFFICER | Key employee | 40 | $322,506 |
| Joanna Hernandez | CHIEF OPERATING OFFICER | Key employee | 40 | $309,432 |
| Carla Lambrecht | CHIEF INFORMATION OFFICER | Key employee | 40 | $299,272 |
| Michelle Wazlawek | CHIEF MARKETING OFFICER | Key employee | 40 | $246,577 |
| Lawrence Haffner | BOARD CHAIRPERSON, BOD MEMBER | Board | 3 | None reported |
| Jacob Curtis | BOARD VICE CHAIRPERSON, BOD MEMBER | Board | 3 | None reported |
| Debbie Lane | BOARD SECRETARY, BOD MEMBER | Board | 3 | None reported |
| Jessica Haugen | BOARD MEMBER | Board | 3 | None reported |
| Joy Hayward | BOARD MEMBER | Board | 3 | None reported |
| Lajuan Miller | BOARD MEMBER | Board | 3 | None reported |
| Christopher Sobrino | BOARD MEMBER | Board | 3 | None reported |
| Angela Stewart | BOARD MEMBER | Board | 3 | None reported |
Top 10 paid people listed
These 10 people received $4,465,845, which is 18.7% of the $23,898,010 salary base shared by 436 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Frank Padak | PRESIDENT AND CEO/BOD TREASURER | Board, Officer | 40 | $1,104,580 | $0 | $303,438 | $1,408,018 |
| Scott Seidl | EXECUTIVE VICE PRESIDENT | Officer | 40 | $394,848 | $0 | $132,864 | $527,712 |
| Scott Peters | CHIEF FINANCIAL OFFICER | Officer | 40 | $290,924 | $0 | $163,093 | $454,017 |
| David Bressler | CHIEF LENDING OFFICER | Key employee | 40 | $266,740 | $0 | $66,184 | $332,924 |
| Valentina Rhoden-Kimbrough | CHIEF HUMAN RESOURCES OFFICER | Key employee | 40 | $257,211 | $0 | $65,295 | $322,506 |
| Joanna Hernandez | CHIEF OPERATING OFFICER | Key employee | 40 | $246,507 | $0 | $62,925 | $309,432 |
| Tricia Newton | MORTGAGE LOAN ORIGINATOR | Highly paid employee | 40 | $276,348 | $0 | $23,646 | $299,994 |
| Carla Lambrecht | CHIEF INFORMATION OFFICER | Key employee | 40 | $269,198 | $0 | $30,074 | $299,272 |
| Jeffrey Roderick | VICE PRESIDENT OF INFORMATION TECHNOLOGY | Highly paid employee | 40 | $204,969 | $0 | $60,424 | $265,393 |
| Michelle Wazlawek | CHIEF MARKETING OFFICER | Key employee | 40 | $231,854 | $0 | $14,723 | $246,577 |
Sources
- IRS e-file return 202502949349300300 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 37-0732817
- Organization website (as filed): www.scu.org