NonprofitsCornerstone Credit Union League

Cornerstone Credit Union League

PLANO, TX

Total revenue

$11.5M

Total expenses

$10.8M

Net assets

$33.1M

Grants received

EIN

750603700

Tax year

2024

Mission

To protect credit unions, and promote their growth, strength and unity.

Programs

2 programs

Engagement consultants. The focus of this group is to act as the primary point of contact and day-to-day link between cornerstone and its credit unions. They provide high touch and high tech to enhance the member experience and maximize the value of league membership.

Compliance and regulatory. Communicates with regulators, provides analysis of new proposals, assists credit unions in crafting persuasive responses to governing agencies, and provides interpretation and feedback on how best to comply with existing regulations.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$10.4M
Investment income$952K
Other revenue$188K
Total revenue$11.5M

Expenses

Grants paid
Salaries & benefits$3.8M
Fundraising
Other expenses$7.0M
Total expenses$10.8M
Total assets$37.6M
Net assets$33.1M

People

26 listed

NameRoleCompensation

Caroline Willard

President/CEO

Board

$341K

20 hrs/wk

Larry Shropshire

Director

Board

0.5 hrs/wk

James Tuggle

Director

Board

0.5 hrs/wk

JoBetsy Tyler

Treasurer

Board

0.5 hrs/wk

David Willis

Director

Board

0.5 hrs/wk

Gina Wilson

Vice Chairman

Board

0.5 hrs/wk

Brenda Kliewer

Director

Board

0.5 hrs/wk

Luann Schmiedel

Director

Board

0.5 hrs/wk

Bob Mayes

At-Large

Board

0.5 hrs/wk

Bob McKay

Director

Board

0.5 hrs/wk

Jay Neathery

Director

Board

0.5 hrs/wk

Rick Nichols

Director

Board

0.5 hrs/wk

Pearl Contreras

Director

Board

0.5 hrs/wk

Judy Hadsall

Director

Board

0.5 hrs/wk

Shoaib Salamat

SVP Finance and Administration

Board

20 hrs/wk

James Boyd

Director/Past Chair

Board

0.5 hrs/wk

Karyn Davis

Director

Board

0.5 hrs/wk

Dale Hansard

Secretary

Board

0.5 hrs/wk

Kenny Harrington

Director

Board

0.5 hrs/wk

Tammy Passafiume

Chairman

Board

0.5 hrs/wk

James Phelps

SVP/Advocacy

Staff

$343K

30 hrs/wk

Suzanne Yashewski

Regulatory and Compliance Coun

Staff

$203K

40 hrs/wk

Michael Delker

CU Relations SVP

Staff

$196K

40 hrs/wk

Gilianne Thomas

Executive Director, TXCUA

Staff

$188K

40 hrs/wk

Michael Murray

Executive Director, KSPAC

Staff

$148K

40 hrs/wk

Courtney Moran

EXECUTIVE DIRECTOR, CCUF

Staff

$146K

40 hrs/wk

Details

EIN750603700
Subsection06
Ruling date1947-06
Formed1934
Employees30
Volunteers18
CORNERSTONE CREDIT UNION LEAGUE — Mission, Financials & Grants Received | Grantivo