Simplicity Credit Union
Marshfield, WI · EIN 39-0860994 · Rank 13,969 by total revenue
A nonprofit member-owned thrift institution organized to provide financial services to individuals. operations are primarily related to holding deposits for and making loans to members.
Money, Form 990 for tax year 2024
- Total revenue
- $32,520,313
- Total expenses
- $29,733,748
- Total assets
- $500,121,906
- Salary base (all salaries and wages)
- $7,144,184
- Salaries, other pay and benefits
- $10,344,407
- Employees
- 159
- Salary base per employee
- $44,932
"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 (9)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Nicholas Faber | PRESIDENT/CEO | Officer | 40 | $295,620 |
| James Nowak | CHEIF FINANCIAL OFFICER | Officer | 40 | $185,423 |
| Mark Page | CHAIR | Board, Officer | 1 | $1,125 |
| Sue Shulfer | SECRETARY/TREASURER | Board, Officer | 0.75 | $905 |
| Kelly Korth | CHIEF STRATEGIC OFFICER | Key employee | 40 | $183,392 |
| Paul Hauffe | DIRECTOR | Board | 0.5 | $805 |
| Lori Falk | DIRECTOR | Board | 0.5 | $805 |
| Tom McCarten | DIRECTOR | Board | 0.5 | $740 |
| Charles Susa | DIRECTOR | Board | 0.5 | $610 |
Top 10 paid people listed
These 10 people received $1,689,252, which is 23.6% of the $7,144,184 salary base shared by 159 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Jason Buchinger | FINANCIAL ADVISOR | Highly paid employee | 40 | $497,813 | $0 | $12,288 | $510,101 |
| Nicholas Faber | PRESIDENT/CEO | Officer | 40 | $285,565 | $0 | $10,055 | $295,620 |
| James Nowak | CHEIF FINANCIAL OFFICER | Officer | 40 | $177,647 | $0 | $7,776 | $185,423 |
| Kelly Korth | CHIEF STRATEGIC OFFICER | Key employee | 40 | $176,049 | $0 | $7,343 | $183,392 |
| Richard Szabo | VP OF INFORMATION TECHNOLO | Highly paid employee | 40 | $136,664 | $0 | $3,876 | $140,540 |
| Jen Stanton | CHIEF REVENUE OFFICER | Highly paid employee | 40 | $131,345 | $0 | $6,646 | $137,991 |
| Sarah Arnoldy | CHIEF EXPERIENCE OFFICER | Highly paid employee | 40 | $115,521 | $0 | $4,354 | $119,875 |
| Derek Freis | VP OF BUSINESS LENDING | Highly paid employee | 40 | $108,391 | $0 | $5,889 | $114,280 |
| Mark Page | CHAIR | Board, Officer | 1 | $1,125 | $0 | $0 | $1,125 |
| Sue Shulfer | SECRETARY/TREASURER | Board, Officer | 0.75 | $905 | $0 | $0 | $905 |
Sources
- IRS e-file return 202533159349303278 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 39-0860994
- Organization website (as filed): www.simplicity.coop