Educators Credit Union
OUR GOAL IS TO BE THE BEST CREDIT UNION, NOT THE LARGEST. THIS CAN BE ACHIEVED BY HAVING THE MOST LOYAL MEMBERS THROUGH THEIR USE OF OUR PRODUCTS, SERVICES, TECHNOLOGY, AND WILLINGNESS TO REFER OTHERS TO EDUCATORS CREDIT UNION.
Key facts about Educators Credit Union
- EIN
- 39-0555293
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $358,240
- Grants made (2024)
- 15
- Average grant
- $23,883
- Median grant
- $13,000
- New grantees (estimate)
- 50% first-time grantees (7 of 14, 2024)
- Total assets
- $3,376,919,381
- Primary geography
- Wisconsin (86% of itemized 2024 grant dollars)
- Next open deadline
- January 31, 2027 (Educators Credit Union Scholarship)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Educators Credit Union funds
By grant dollars, the top recipient states for Educators Credit Union's 15 itemized 2024 grants were Wisconsin (86%) and Arkansas (14%). The most frequent recipient cities were Racine, WI (5 grants), Milwaukee, WI (3 grants), Franklin, WI (3 grants) and Kenosha, WI (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is Educators Credit Union open to new grantees?
50%
first-time grantees, 2024
In 2024, 7 of 14 grantees (50%) were first-time recipients. First grants averaged $25K; repeat grants $26K. How we count
Medians: $15K first-time, $15K repeat.
- 29% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−3%). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Educators Credit Union
- How to evaluate Educators Credit Union as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Educators Credit Union with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4B
+5.7% YoY
Annual Giving
$358K
+59.4% YoY
Grant Count
15
+66.7% YoY
Avg Grant Size
$24K
-4.4% YoY
About Educators Credit Union
Based on IRS filings
Educators Credit Union is a nonprofit organization, based in Mt Pleasant, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4B in total assets. In 2024, it awarded 15 grants totaling $358K. Net investment income was $56.1M.
Ready to take the next step with Educators Credit Union?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 15 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,376,919,381 | $3,193,764,972 | $3,107,585,746 |
| Revenue | $231,653,165 | $221,505,827 | $166,801,060 |
| Expenses | $194,500,643 | $177,468,893 | $134,797,605 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $56,082,762 | $61,871,505 | $28,157,065 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
72 grants across all recorded years
Open Grants
1 open opportunity from Educators Credit Union
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Junior Achievement of Wisconsin ($65,000), United Way of Racine County ($60,690), The Bobby Portis Foundation ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JUNIOR ACHIEVEMENT OF WISCONSIN Milwaukee, WI | GENERAL SUPPORT | $65,000 |
| UNITED WAY OF RACINE COUNTY Racine, WI | GENERAL SUPPORT | $60,690 |
| THE BOBBY PORTIS FOUNDATION Little Rock, AR | GENERAL SUPPORT | $50,000 |
| RACINE ZOOLOGICAL SOCIETY Racine, WI | GENERAL SUPPORT | $50,000 |
| MILWAUKEE PUBLIC SCHOOLS FOUNDATION Milwaukee, WI | GENERAL SUPPORT | $30,000 |
| HOUSING RESOUCES INC Milwaukee, WI | GENERAL SUPPORT | $15,000 |
| ROC FOUNDATION INC Franklin, WI | GENERAL SUPPORT | $14,500 |
| PROHEALTH CARE Waukesha, WI | GENERAL SUPPORT | $13,000 |
| RACINEKENOSHA COMMUNITY ACTION AGENCY Racine, WI | GENERAL SUPPORT | $10,000 |
| BLACK ARTS COUNCIL OF RACINE Racine, WI | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mary Lueneburg | Chairperson | 1 | $4,250 |
| Cheryl Kothe | Vice Chairperson | 1 | $2,500 |
| Brad Zautcke | Treasurer | 1 | $2,250 |
| Paul Pelzek | Secretary | 1 | $2,950 |
| Clarence Allen | Board Member | 1 | $2,000 |
| Janet Days | Board Member | 1 | $2,200 |
| Sarah Fierek | Board Member | 1 | $1,750 |
| William Halsey | Board Member | 1 | $7,989 |
| Nancy Majewski | Board Member | 1 | $2,350 |
| Elton Demeti | Associate Board Member | 1 | $1,200 |
| Donald Lodge | Associate Board Member | 1 | $1,850 |
| Sabina Lopez | Associate Board Member | 1 | — |
| Logan Martin | Associate Board Member | 1 | $1,850 |
| Linda Hoover | CEO & President | 40 | $767,522 |
| James Justman | CFO | 40 | $320,992 |
| Milton Dockery | Secretary (Thru Apr 24) | 1 | — |
| Joseph Brazgel | CIO | 40 | $299,840 |
| Glenn Brusky | VP Facilities | 40 | $253,490 |
| Rich Chiapete | Corporate Counsel/Chief Risk Officer | 40 | $225,014 |
| Dale Dreher | Information Security Officer | 40 | $185,843 |
| Maggie Feager | SVP HR | 40 | $177,394 |
| Lori Gorkowski | Chief Payment Officer | 40 | $193,055 |
| Jonathan Henkes | VP It | 40 | $192,279 |
| Shannon Huot | Chief Experience Officer | 40 | $227,740 |
| Angela Langdon | VP Risk Management | 40 | $163,931 |
| Ashley Madala | Chief Lending Officer | 40 | $192,777 |
| Scott Heine | Business Development Officer | 40 | $155,399 |
| Steven Lambert | Network Engineer | 40 | $148,513 |
| Kimberly Schmidt | VP Digital Services | 40 | $153,611 |
| Neil Staeck | VP Business Services | 40 | $155,572 |
| John O'Brien | Director Finance | 40 | $150,150 |
Frequently Asked Questions
How large is Educators Credit Union?
As of 2024, Educators Credit Union holds $3.4B in total assets with $231.7M in annual revenue. It awarded 15 grants totaling $358K in 2024.
Where does Educators Credit Union operate?
Educators Credit Union has awarded grants in Arkansas, Illinois, Wisconsin.
What size grants does Educators Credit Union award?
In 2024, Educators Credit Union awarded 15 grants totaling $358K — an average of about $24K per grant, based on its IRS Form 990 filings.
What is Educators Credit Union's EIN?
Educators Credit Union's EIN (Employer Identification Number) is 39-0555293. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Educators Credit Union's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.