NonprofitsEducators Credit Union

Educators Credit Union

WACO, TX

Total revenue

$24.5M

Total expenses

$14.6M

Net assets

$105.0M

Grants received

EIN

741129327

Tax year

2024

Mission

To provide reasonably priced financial services to the members of the organization.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.1M
Investment income$22.4M
Other revenue$19K
Total revenue$24.5M

Expenses

Grants paid$12K
Salaries & benefits$4.7M
Fundraising
Other expenses$9.9M
Total expenses$14.6M
Total assets$549.3M
Net assets$105.0M

People

12 listed

NameRoleCompensation

WILLIAM PALASOTA

PRESIDENT

Board

$495K

40 hrs/wk

ANGELO OCHOA

DIRECTOR

Board

1 hrs/wk

AL POLLARD

CHAIRMAN

Board

1 hrs/wk

DAVID SHEPHERD

DIRECTOR

Board

1 hrs/wk

CONNIE WEDEMEYER

VICE CHAIRMAN

Board

1 hrs/wk

HAZEL ROWE

SECRETARY

Board

1 hrs/wk

AIMEE SHELTON

DIRECTOR

Board

1 hrs/wk

STAN MITCHELL

DIRECTOR

Board

1 hrs/wk

SHARON SCHROEDER

V.P. ACCOUNTING

Staff

$394K

40 hrs/wk

RYAN GONZALES

IT DIRECTOR

Staff

$185K

40 hrs/wk

MONICA KRENEK

V.P. LENDING

Staff

$166K

40 hrs/wk

RACHEL E KUEHL

MARKETING DIRECTOR

Staff

$143K

40 hrs/wk

Details

EIN741129327
Subsection14
Ruling date1976-06
Formed1938
Employees63
Volunteers0
EDUCATORS CREDIT UNION — Mission, Financials & Grants Received | Grantivo