Scott Credit Union
TO SERVE MEMBERS' NEEDS BY ACCEPTING DEPOSITS, GRANTING LOANS AND INVESTING EXCESS FUNDS IN A PRUDENT MANNER.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7B
+0.2% YoY
Annual Giving
$225K
+99.4% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$113K
+99.4% YoY
About Scott Credit Union
Based on IRS filings
Scott Credit Union is a nonprofit organization, based in EDWARDSVILLE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7B in total assets. In 2024, it awarded 2 grants totaling $225K. Net investment income was $25.5M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,745,004,988 | $1,741,583,732 | $1,751,826,315 |
| Revenue | $120,951,375 | $105,927,391 | $84,339,279 |
| Expenses | $114,208,098 | $96,614,257 | $75,829,501 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $25,463,249 | $14,971,683 | $6,684,912 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Scott Credit Union Community Foundation ($210,004), Illinois Credit Union Foundation ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SCOTT CREDIT UNION COMMUNITY FOUNDATION EDWARDSVILLE, IL | TO ASSIST THE FOUNDATION IN CARRYING OUT ITS EXEMPT FUNCTION. | $210,004 |
| ILLINOIS CREDIT UNION FOUNDATION NAPERVILLE, IL | CHARITABLE CONTRIBUTION TO ASSIST THE FOUNDATION PROMOTE THE SELF-HELP IDEAS OF CREDIT UNIONS THROUGH GRANTS AND SCHOLARSHIPS | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANK PADAK | PRESIDENT AND CEO/BOD TREASURER | 40 | $1,104,580 |
| LAWRENCE HAFFNER | BOARD CHAIRPERSON, BOD MEMBER | 3 | — |
| JACOB CURTIS | BOARD VICE CHAIRPERSON, BOD MEMBER | 3 | — |
| DEBBIE LANE | BOARD SECRETARY, BOD MEMBER | 3 | — |
| JESSICA HAUGEN | BOARD MEMBER | 3 | — |
| JOY HAYWARD | BOARD MEMBER | 3 | — |
| LAJUAN MILLER | BOARD MEMBER | 3 | — |
| CHRISTOPHER SOBRINO | BOARD MEMBER | 3 | — |
| ANGELA STEWART | BOARD MEMBER | 3 | — |
| SCOTT SEIDL | EXECUTIVE VICE PRESIDENT | 40 | $394,848 |
| SCOTT PETERS | CHIEF FINANCIAL OFFICER | 40 | $290,924 |
| DAVID BRESSLER | CHIEF LENDING OFFICER | 40 | $266,740 |
| CARLA LAMBRECHT | CHIEF INFORMATION OFFICER | 40 | $269,198 |
| VALENTINA RHODEN-KIMBROUGH | CHIEF HUMAN RESOURCES OFFICER | 40 | $257,211 |
| JOANNA HERNANDEZ | CHIEF OPERATING OFFICER | 40 | $246,507 |
| MICHELLE WAZLAWEK | CHIEF MARKETING OFFICER | 40 | $231,854 |
| TRICIA NEWTON | MORTGAGE LOAN ORIGINATOR | 40 | $276,348 |
| JEFFREY RODERICK | VICE PRESIDENT OF INFORMATION TECHNOLOGY | 40 | $204,969 |
| LAURIE VIVIANO | MORTGAGE LOAN ORIGINATOR | 40 | $172,561 |
| MARK DIETRICH | VICE PRESIDENT OF RETAIL OPERATIONS | 40 | $181,887 |
| DONNA HARRIS | MORTGAGE LOAN ORIGINATOR | 40 | $190,014 |
Frequently Asked Questions
How large is Scott Credit Union?
As of 2024, Scott Credit Union holds $1.7B in total assets with $121.0M in annual revenue. It awarded 2 grants totaling $225K in 2024.
Where does Scott Credit Union operate?
Scott Credit Union has awarded grants in Illinois.
What size grants does Scott Credit Union award?
In 2024, Scott Credit Union awarded 2 grants totaling $225K — an average of about $113K per grant, based on its IRS Form 990 filings.
What is Scott Credit Union's EIN?
Scott Credit Union's EIN (Employer Identification Number) is 37-0732817. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Scott Credit Union's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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