Non-Profit Spending Reports

Members Heritage Credit Union Inc

Lexington, KY · EIN 61-0575996 · Rank 14,424 by total revenue

The purpose of this credit union shall be to promote thrift and to provide credit to its members.

Money, Form 990 for tax year 2024

Total revenue
$31,376,384
Total expenses
$26,651,585
Total assets
$535,937,395
Salary base (all salaries and wages)
$5,825,865
Salaries, other pay and benefits
$7,751,479
Employees
103
Salary base per employee
$56,562

"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 (6)

NameTitleRole Hours/weekTotal pay
Patrick H FerryPRESIDENTOfficer 40 $339,468
Mike ProctorCHAIRMANBoard, Officer 2 None reported
Mike HardingTREASURERBoard 2 None reported
Nathan McConathySECRETARYBoard 2 None reported
Mark MeffordBOARD MEMBERBoard 2 None reported
Rick GarnerBOARD MEMBERBoard 2 None reported

Top 10 paid people listed

These 6 people received $1,115,079, which is 19.1% of the $5,825,865 salary base shared by 103 employees.

NameTitleRole Hours/weekFrom this org From related orgsOther pay Total
Patrick H FerryPRESIDENTOfficer 40 $332,820$0 $6,648$339,468
Sherri BlakemanEXECUTIVE VPHighly paid employee 40 $192,008$0 $3,825$195,833
Jeffrey MarshallCONTROLLERHighly paid employee 40 $179,510$0 $3,582$183,092
Dennis WeiskircherIS MANAGERHighly paid employee 40 $137,400$0 $2,743$140,143
Janice PhillipsVP OF LENDINGHighly paid employee 40 $134,868$0 $2,695$137,563
Kristie FarmerVP OF SERVIEHighly paid employee 40 $116,650$0 $2,330$118,980

Sources