Royal Credit Union
Eau Claire, WI · EIN 39-6072970 · Rank 1,747 by total revenue
To create a positive impact in the lives we touch.
Money, Form 990 for tax year 2024
- Total revenue
- $373,611,288
- Total expenses
- $323,800,255
- Total assets
- $5,329,096,009
- Salary base (all salaries and wages)
- $74,252,312
- Salaries, other pay and benefits
- $93,260,588
- Employees
- 1,240
- Salary base per employee
- $59,881
"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 |
|---|---|---|---|---|
| Brandon Riechers | CEO/PRESIDENT | Officer | 40 | $2,275,299 |
| Michael Dill | EVP-CHIEF LENDING OFFICER | Officer | 40 | $727,485 |
| Grant Beardsley | EVP-CHIEF LEGAL OFFICER | Officer | 40 | $567,964 |
| Pamela Haller | EVP-CHIEF EXPERIENCE AND MARKETING OFFICER | Officer | 40 | $529,176 |
| Adam Kinnard | EVP-CHIEF TECHNOLOGY OFFICER | Officer | 40 | $505,603 |
| Joseph Hasto Jr | EVP-CHIEF FINANCIAL OFFICER | Officer | 40 | $502,929 |
| Laura Campbell | EVP-CHIEF PEOPLE OFFICER | Officer | 40 | $406,782 |
| Thomas Huffcutt | CHAIRPERSON | Board, Officer | 10 | $43,575 |
| Stuart Schaefer | VICE CHAIRPERSON | Board, Officer | 10 | $28,350 |
| Jennifer McDonough | SECRETARY | Board, Officer | 10 | $28,350 |
| William Blackburn | TREASURER | Board, Officer | 10 | $26,250 |
| Douglas Olson | DIRECTOR | Board | 10 | $34,650 |
| John Sackett | DIRECTOR | Board | 10 | $29,400 |
| Nancy Beltz | DIRECTOR | Board | 10 | $22,575 |
Top 10 paid people listed
These 10 people received $7,611,200, which is 10.3% of the $74,252,312 salary base shared by 1,240 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Brandon Riechers | CEO/PRESIDENT | Officer | 40 | $1,159,293 | $0 | $1,116,006 | $2,275,299 |
| Michelle Robinson | MORTGAGE SALES MANAGER - LAM | Highly paid employee | 40 | $776,945 | $0 | $25,311 | $802,256 |
| Michael Dill | EVP-CHIEF LENDING OFFICER | Officer | 40 | $494,808 | $0 | $232,677 | $727,485 |
| Derek Lodermeier | MORTGAGE LOAN OFFICER - LAM | Highly paid employee | 40 | $666,911 | $0 | $36,448 | $703,359 |
| Grant Beardsley | EVP-CHIEF LEGAL OFFICER | Officer | 40 | $451,228 | $0 | $116,736 | $567,964 |
| Pamela Haller | EVP-CHIEF EXPERIENCE AND MARKETING OFFICER | Officer | 40 | $472,881 | $0 | $56,295 | $529,176 |
| Adam Kinnard | EVP-CHIEF TECHNOLOGY OFFICER | Officer | 40 | $434,250 | $0 | $71,353 | $505,603 |
| Jared Johnson | MORTGAGE LOAN OFFICER | Highly paid employee | 40 | $467,101 | $0 | $36,678 | $503,779 |
| Joseph Hasto Jr | EVP-CHIEF FINANCIAL OFFICER | Officer | 40 | $465,673 | $0 | $37,256 | $502,929 |
| Marco Rodiles | MORTGAGE LOAN OFFICER - LAM | Highly paid employee | 40 | $475,326 | $0 | $18,024 | $493,350 |
Sources
- IRS e-file return 202533109349303723 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 39-6072970
- Organization website (as filed): www.rcu.org