Great Lakes Credit Union logo

Great Lakes Credit Union

Public charity · Grantmaker Bannockburn, IL EIN: 36-1163912 Website

To offer products and services for our members to achieve their financial goals. We will build valued relationships, one member at a time.

Great Lakes Credit Union at a glance

In short: Great Lakes Credit Union gave $36K across 1 grant in 2024 (avg $36K), mostly in Illinois. Source: 2024 IRS Form 990.

Annual giving (2024)
$36,068
+300.8% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$36,068
+300.8% vs 2023
Median grant
$36,068
Total assets
$1,481,537,874
+12.8% vs 2023
Primary geography
Illinois (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who Great Lakes Credit Union funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

GLCU Foundation for Financial Empowerment: $36KGLCU Foundation for FinancialEmpowerment$36K

The largest 2024 recipient was GLCU Foundation for Financial Empowerment ($36K).

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

ChicagoBannockburnWaukegan

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2020 0 grants2021 2 grants2022 1 grant2023 1 grant2024

From 2022 to 2024, annual grant giving ranged from $9K (2023) to $50K (2022). In 2024 it made 1 grant totaling $36K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
GLCU Foundation for Financial Empowerment Bannockburn, ILCommitment to building financial well-being for members, employees, and communities.$36,068
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$1,481,537,874$80,666,017$83,814,042$36,0681$15,154,059
2023$1,313,509,604$64,760,572$62,052,965$9,0001$7,293,005
2022$1,341,546,042$54,056,794$44,878,605$49,5302$3,283,036
2021$1,045,676,236$50,981,092$34,186,973——$3,318,401
2020$1,027,627,838$49,088,626$43,178,553——$4,643,213

About Great Lakes Credit Union

Based on IRS filings

Great Lakes Credit Union is a public charity, based in Bannockburn, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5B in total assets. In 2024, it awarded 1 grant totaling $36K. Net investment income was $15.2M.

Leadership & Key People

Officers and directors from IRS filings

Great Lakes Credit Union is led by Steven Bugg, President & CEO on every filing since 2020; 12 of 22 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Steven Bugg

    President & CEO

    On filings since 2020

    40 hrs/week

    $445K (2020) → $685K (2024)

  • Patrice Price

    Board Chair

    Vice Chair → Board Vice Chair, 2023

    Board Vice Chair → Board Chair, 2024

    On filings since 2020

    7 hrs/week

    No compensation reported

  • David Goles

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • James A. Fabrie

    Director

    Treasurer → Board Treasurer, 2023

    Board Treasurer → Director, 2024

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Stephen M. Park

    Director

    Chair → Board Chair, 2023

    Board Chair → Director, 2024

    On filings since 2020

    7 hrs/week

    No compensation reported

  • Sarah Marshall

    Director

    On filings since 2023

    5 hrs/week

    No compensation reported

  • William Harlan

    Director

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Michael Hersh

    Chief Administrative Officer

    Chief Hr & Organizational Development Officer → Chief Administrative Officer, 2022

    On filings since 2020

    40 hrs/week

    $176K (2020) → $277K (2024)

  • Diana Byers

    Senior Vice President Enterprise Risk Manager

    Senior Vice President Risk Management → Senior Vice President Enterprise Risk Management, 2023

    Senior Vice President Enterprise Risk Management → Senior Vice President Enterprise Risk Manager, 2024

    On filings since 2021

    40 hrs/week

    $141K (2021) → $211K (2024)

  • Donna Wiorek

    Senior Vice President - Ac

    Senior Vice President, Accounting & Finance → Senior Vice President - Accounting & Finance, 2023

    Senior Vice President - Accounting & Finance → Senior Vice President - Ac, 2024

    On filings since 2021

    40 hrs/week

    $227K (2021) → $234K (2024)

  • Elizabeth Osborne

    Chief Operations Officer

    Chief Operating Officer → Chief Operations Officer, 2023

    On filings since 2021

    40 hrs/week

    $111K (2021) → $260K (2024)

  • Fred Campobasso

    Chief Lending Officer

    On filings since 2022

    40 hrs/week

    $70K (2022) → $272K (2024)

  • Timothy Lukomski

    Chief Financial Officer

    On filings since 2022

    40 hrs/week

    $129K (2022) → $314K (2024)

  • Dion Rosecrans

    Manager It

    On filings since 2023

    40 hrs/week

    $141K (2023) → $147K (2024)

  • Patrick Basler

    Chief Experience Officer

    On filings since 2023

    40 hrs/week

    $235K (2023) → $261K (2024)

  • Predrag Grmusa

    Vice President of Human Resources

    Vice President of Human Resources & Organizational Development → Vice President of Human Resources, 2024

    On filings since 2023

    40 hrs/week

    $147K (2023) → $153K (2024)

  • Brian Gawin

    Vice President Commercial Lending

    New on the 2024 filing

    40 hrs/week

    $197K (2024)

  • Michael Abraham

    Chief Strategy Officer

    New on the 2024 filing

    40 hrs/week

    $131K (2024)

  • Cathy Corbi

    Board Secretary

    Director → Board Secretary, 2024

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Jim E. March

    Emeritus Director

    Secretary → Board Secretary, 2023

    Board Secretary → Emeritus Director, 2024

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Kevin Leman

    Board Vice Chair

    Director → Board Vice Chair, 2024

    On filings since 2020

    5 hrs/week

    No compensation reported

  • R. Lee Piekarz

    Board Treasurer

    Director → Board Treasurer, 2024

    On filings since 2020

    5 hrs/week

    No compensation reported

Former officers (14)
  • Former: Bonita Fontenot (2020–2022) — Mortgage Loan Originator
  • Former: Krystal Topps (2021–2022) — Director
  • Former: Michelle Shelton (2021–2022) — Chief Experience Officer
  • Former: Fay Shaoul (2022) — Mortgage Loan Officer
  • Former: Marcos Gonzalez (2022) — Mortgage Loan Originator
  • Former: Robert Foss (2022) — Senior Mortgage Loan Officer
  • Former: Chris Visocnik (2020–2021) — Vice President Information Technology
  • Former: Eric Vessele (2020–2021) — Senior Vice President Lending
  • Former: Ericka Gorman (2020–2021) — Chief Operating Officer
  • Former: Frederick Campobasso (2020–2021) — Chief Lending Officer
  • Former: Maria Michalak (2020–2021) — Loan Operations Senior Manager
  • Former: Mark Pokora (2020–2021) — Senior Manager & Residential Sales
  • Former: Bertine A. Nixon (2020) — Secretary
  • Former: Kamil Sakici (2020) — Executive Vice President - Chief Financial Officer

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Steven Bugg — President/CEO: $685KSteven BuggPresident/CEO$685KTimothy Lukomski — Chief Financial Officer: $314KTimothy LukomskiChief Financial Officer$314KMichael Hersh — Chief Administrative Officer: $277KMichael HershChief Administrative Officer$277KFred Campobasso — Chief Lending Officer: $272KFred CampobassoChief Lending Officer$272KPatrick Basler — Chief Experience Officer: $261KPatrick BaslerChief Experience Officer$261KElizabeth Osborne — Chief Operations Officer: $260KElizabeth OsborneChief Operations Officer$260KDonna Wiorek — Senior Vice President - Ac: $234KDonna WiorekSenior Vice President - Ac$234KDiana Byers — SVP Enterprise Risk Manage: $211KDiana ByersSVP Enterprise Risk Manage$211KBrian Gawin — VP Commercial Lending: $197KBrian GawinVP Commercial Lending$197KPredrag GRMUSA — VP of Human Resources & OR: $153KPredrag GRMUSAVP of Human Resources & OR$153KDion Rosecrans — Manager It: $147KDion RosecransManager It$147KMichael Abraham — Chief Strategy Officer: $131KMichael AbrahamChief Strategy Officer$131K

The highest reported compensation on the 2024 filing was $685K, to Steven Bugg (President/CEO). 12 officers or directors reported compensation on that filing.

Frequently asked questions about Great Lakes Credit Union

How much does Great Lakes Credit Union give each year?

Great Lakes Credit Union gave $36K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $9K across 1 grant.

How large is Great Lakes Credit Union?

Great Lakes Credit Union reported $1.5B in total assets on its 2024 IRS Form 990. Its revenue that year was $80.7M.

Where does Great Lakes Credit Union operate?

Great Lakes Credit Union has awarded grants in Illinois.

What is Great Lakes Credit Union's EIN?

Great Lakes Credit Union's EIN (Employer Identification Number) is 36-1163912. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(4)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS November 2, 2023)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2025)
  4. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Great Lakes Credit Union's focus areas in our free grants database

Similar Funders

Funders with grantees in common

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Maple City, MI

Esperance Family Foundation supports preselected charitable organizations; its only reported grant was $43,269 in 2023 to National Philanthropic Trust in Pennsylvania, with no grants reported in 2024 or 2025. It is based in Maple City, Michigan, and does not accept unsolicited funding requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$173K

Grants

1

Total Given

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John Oster Family Foundation Inc

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Assets

—

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3

Total Given

$40K

Leonard Family Charitable Foundation

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Assets

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Total Given

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Assets

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The Funders Network Inc

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The Funders Network funds community-led sustainability, climate, equity, and related local initiatives, primarily through its Partners for Places matching-grant program in the United States and Canada. Its 2025 grants ranged from $10,000 to $115,000, with a median of $60,000; Partners for Places offers one-year grants of $45,000–$100,000 and two-year grants of $75,000–$150,000, requiring at least a 50% local foundation match. The profile does not state whether it accepts unsolicited requests.

Environment & Animals

Assets

$4.3M

Grants

15

Total Given

$871K

More similar funders

More Funders in Illinois

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Great Lakes Credit Union's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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