Educators Credit Union
Waco, TX · EIN 74-1129327 · Rank 16,292 by total revenue
To provide reasonably priced financial services to the members of the organization.
Money, Form 990 for tax year 2025
- Total revenue
- $27,008,763
- Total expenses
- $15,138,990
- Total assets
- $594,816,789
- Salary base (all salaries and wages)
- $3,603,295
- Salaries, other pay and benefits
- $4,631,297
- Employees
- 59
- Salary base per employee
- $61,073
"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 (10)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| William Palasota | PRESIDENT | Officer | 40 | $568,002 |
| Al Pollard | CHAIRMAN | Board, Officer | 1 | None reported |
| Connie Wedemeyer | VICE CHAIRMAN | Board, Officer | 1 | None reported |
| Hazel Rowe | SECRETARY | Board, Officer | 1 | None reported |
| Sharon Schroeder | V.P. ACCOUNTING | Key employee | 40 | $437,903 |
| Monica Krenek | V.P. LENDING | Key employee | 40 | $198,259 |
| Aimee Shelton | DIRECTOR | Board | 1 | None reported |
| Stan Mitchell | DIRECTOR | Board | 1 | None reported |
| Angelo Ochoa | DIRECTOR | Board | 1 | None reported |
| Jeremiah Bland | DIRECTOR | Board | 1 | None reported |
Top 10 paid people listed
These 5 people received $1,618,174, which is 44.9% of the $3,603,295 salary base shared by 59 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| William Palasota | PRESIDENT | Officer | 40 | $491,019 | $0 | $76,983 | $568,002 |
| Sharon Schroeder | V.P. ACCOUNTING | Key employee | 40 | $378,123 | $0 | $59,780 | $437,903 |
| Ryan Gonzales | IT DIRECTOR | Highly paid employee | 40 | $193,568 | $0 | $37,237 | $230,805 |
| Monica Krenek | V.P. LENDING | Key employee | 40 | $164,766 | $0 | $33,493 | $198,259 |
| Rachel E Kuehl | MARKETING DIRECTOR | Highly paid employee | 40 | $151,444 | $0 | $31,761 | $183,205 |
Sources
- IRS e-file return 202622269349302272 (Form 990, period ending 2025-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 74-1129327
- Organization website (as filed): www.edcu.com