NonprofitsGreat Lakes Credit Union

Great Lakes Credit Union

BANNOCKBURN, IL

Total revenue

$80.7M

Total expenses

$83.8M

Net assets

$95.8M

Grants received

$219K

4 grants

EIN

361163912

Tax year

2024

Mission

The primary exempt purpose of great lakes credit union (glcu) is to provide loans, savings accounts and other financial services that promote the financial prosperity of our members.

Programs

2 programs

Atm debit cards are available to members who apply for electronic access to their accounts for deposit and withdrawal of funds and account information. Various types of checking accounts are offered to members, some with no monthly service fee.

Various insurance products are offered to members. Types of products offered include credit life, credit disability, mechanical breakdown protection (mbp) and financial gap protection.

Financials

FY 2024

Revenue

Contributions & grants$346K
Program service revenue$65.1M
Investment income$15.2M
Other revenue$54K
Total revenue$80.7M

Expenses

Grants paid$54K
Salaries & benefits$23.5M
Fundraising
Other expenses$60.2M
Total expenses$83.8M
Total assets$1.5B
Net assets$95.8M

People

22 listed

NameRoleCompensation

STEVEN BUGG

PRESIDENT/CEO

Board

$685K

40 hrs/wk

TIMOTHY LUKOMSKI

CHIEF FINANCIAL OFFICER

Board

$314K

40 hrs/wk

MICHAEL HERSH

CHIEF ADMINISTRATIVE OFFICER

Board

$277K

40 hrs/wk

FRED CAMPOBASSO

CHIEF LENDING OFFICER

Board

$272K

40 hrs/wk

PATRICK BASLER

CHIEF EXPERIENCE OFFICER

Board

$261K

40 hrs/wk

ELIZABETH OSBORNE

CHIEF OPERATIONS OFFICER

Board

$260K

40 hrs/wk

MICHAEL ABRAHAM

CHIEF STRATEGY OFFICER

Board

$131K

40 hrs/wk

DAVID GOLES

DIRECTOR

Board

5 hrs/wk

KEVIN LEMAN

BOARD VICE CHAIR

Board

5 hrs/wk

R LEE PIEKARZ

BOARD TREASURER

Board

5 hrs/wk

JIM MARCH

EMERITUS DIRECTOR

Board

5 hrs/wk

JAMES A FABRIE

DIRECTOR

Board

5 hrs/wk

PATRICE PRICE

BOARD CHAIR

Board

7 hrs/wk

WILLIAM HARLAN

DIRECTOR

Board

5 hrs/wk

STEPHEN M PARK

DIRECTOR

Board

7 hrs/wk

SARAH MARSHALL

DIRECTOR

Board

5 hrs/wk

CATHY CORBI

BOARD SECRETARY

Board

5 hrs/wk

DONNA WIOREK

SENIOR VICE PRESIDENT - AC

Staff

$234K

40 hrs/wk

DIANA BYERS

SVP ENTERPRISE RISK MANAGE

Staff

$211K

40 hrs/wk

BRIAN GAWIN

VP COMMERCIAL LENDING

Staff

$197K

40 hrs/wk

PREDRAG GRMUSA

VP OF HUMAN RESOURCES & OR

Staff

$153K

40 hrs/wk

DION ROSECRANS

MANAGER IT

Staff

$147K

40 hrs/wk

Independent contractors

JACK HENRY & ASSOC INC

SOFTWARE/LICENSE FEES FOR ENSENTA (ATM),

$1.1M

ACCESS SOFTEK INC

MULTIPLE SERVICES FEE FOR OUR ONLINE/MOB

$1.0M

VELOCITY PARENT CORPORATION

ICS REFERRALS RESPONSES, ARS LICENSING/P

$802K

NEWGROUND INTERNATIONAL

CONTRACTOR- DESIGN AND BUILDOUT OF NEW B

$782K

SIGNAL 88 LLC

SECURITY SERVICE FOR BRANCH LOCATIONS

$589K

Grants received

Showing 4 of 4

FromAmountPurposeYear
$98K
HOUSING COUNSELING & EDUCATION
2024
$63K
HOUSING COUNSELING & EDUCATION
2023
$47K
HOUSING COUNSELING & EDUCATION
2022

Funded by

$219K from 2 funders · 4 grants · 2022–2024

Consumer Credit Counseling Service Of

$209K · 3 grants · 2022–2024

Illinois Credit Union Foundation

$10K · 1 grant · 2023

Details

EIN361163912
Subsection14
Ruling date1944-10
Formed1938
Employees290
Volunteers10
GREAT LAKES CREDIT UNION — Mission, Financials & Grants Received | Grantivo