Credit Union 1
Rantoul, IL · EIN 37-0767435 · Rank 5,070 by total revenue
Credit union 1 is a member-owned and controlled financial institution dedicated to providing convenient and competitive services as a means of improving ongoing economic well-being of our members while promoting growth and maintaining the credit union's long-term financial stability.
Money, Form 990 for tax year 2024
- Total revenue
- $107,315,887
- Total expenses
- $103,205,283
- Total assets
- $1,873,446,949
- Salary base (all salaries and wages)
- $27,668,448
- Salaries, other pay and benefits
- $34,350,470
- Employees
- 497
- Salary base per employee
- $55,671
"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 |
|---|---|---|---|---|
| Todd Gunderson | CEO/PRESIDENT/DIRECTOR | Board, Officer | 40 | $907,650 |
| Paul Fichter | CHIEF LEGAL COUNSEL | Officer | 40 | $502,220 |
| Jeff Lyle Rothmeyer | CHIEF LENDING OFFICER | Officer | 40 | $499,376 |
| Scott McDonald | EVP, CHIEF FINANCIAL OFFIC | Officer | 40 | $494,456 |
| Michael Hirt | SVP, CHIEF TECHNOLOGY OFFI | Officer | 40 | $407,849 |
| Michael Eck | CHIEF MARKETING OFFICER | Officer | 40 | $406,735 |
| Robert Eberhardt | DIRECTOR - CHAIR | Board, Officer | 2 | $48,523 |
| Thomas Wells Jr | DIRECTOR - SECRETARY | Board, Officer | 2 | $14,411 |
| Dan Long | DIRECTOR | Board | 2 | $25,605 |
| Kent Yager | DIRECTOR | Board | 2 | $25,605 |
| Jason Rex Tolliver | DIRECTOR | Board | 2 | $14,784 |
| Paul Simons | DIRECTOR | Board | 2 | $14,404 |
| Hallie Olsen | DIRECTOR | Board | 2 | $14,404 |
| David Thurston | DIRECTOR - VICE CHAIR | Board | 2 | $14,404 |
Top 10 paid people listed
These 10 people received $3,332,803, which is 12.0% of the $27,668,448 salary base shared by 497 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Todd Gunderson | CEO/PRESIDENT/DIRECTOR | Board, Officer | 40 | $852,631 | $0 | $55,019 | $907,650 |
| Paul Fichter | CHIEF LEGAL COUNSEL | Officer | 40 | $447,201 | $0 | $55,019 | $502,220 |
| Jeff Lyle Rothmeyer | CHIEF LENDING OFFICER | Officer | 40 | $444,509 | $0 | $54,867 | $499,376 |
| Scott McDonald | EVP, CHIEF FINANCIAL OFFIC | Officer | 40 | $439,437 | $0 | $55,019 | $494,456 |
| Michael Hirt | SVP, CHIEF TECHNOLOGY OFFI | Officer | 40 | $356,155 | $0 | $51,694 | $407,849 |
| Michael Eck | CHIEF MARKETING OFFICER | Officer | 40 | $360,447 | $0 | $46,288 | $406,735 |
| Robert Eberhardt | DIRECTOR - CHAIR | Board, Officer | 2 | $21,600 | $0 | $26,923 | $48,523 |
| Dan Long | DIRECTOR | Board | 2 | $14,400 | $0 | $11,205 | $25,605 |
| Kent Yager | DIRECTOR | Board | 2 | $14,400 | $0 | $11,205 | $25,605 |
| Jason Rex Tolliver | DIRECTOR | Board | 2 | $14,400 | $0 | $384 | $14,784 |
Sources
- IRS e-file return 202511359349306221 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 37-0767435
- Organization website (as filed): www.creditunion1.org