NuMark Credit Union

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

21 people listed

MICHELLE BALOG (PRESIDENT/CEO): $409,699 total reported compensation
LLOYD FREDENDALL (FORMER PRESIDENT AND CEO): $352,706 total reported compensation
KEVIN QUINN (CIO): $289,529 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

We help members do more with their money.

Deposit/share accounts (savings, checking, certificates and other) the number of deposit/share accounts outstanding at 12/31/25 was 120,794.

Revenue model: Earned-program. 88% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 66th percentile among comparable filings
Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 9.7%; rating input score 70; 70th percentile among comparable filings
Total-asset coverage ratio: 15.97; rating input score 89; 89th percentile among comparable filings
Liabilities to assets ratio: 0.89; rating input score 9; 9th percentile among comparable filings
Officer compensation ratio: 5.3%; rating input score 18; 18th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 12.4% per year; rating input score 100; 81st percentile among comparable filings
Asset growth: 12.9% per year; rating input score 100; 80th percentile among comparable filings

What they do: 2 programs and campaigns described on the official site · 1 operating location identified
Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 10 of 10 board members independent · 8 of 9 filing controls reported
Programs: 2 filed program accomplishments
Leadership: top reported pay $410K · 21 people listed · 2 of 6 pay-setting controls reported
Consistency: 12 of 12 current checks pass
Schedules: 4 filed schedules · includes executive pay
Filing history: 16 filing years from 2010 to 2025
Contacts: How to reach this organization
Money network: 12 filed money-flow records
Related organizations: Filed and resolved organization relationships.
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.
Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Signals prioritize questions for review. They are not findings of misconduct.

Review — Accountability: Governance controls: Document-retention policy not reported.
High — Sustainability: Liabilities to assets ratio scored 9/100.
High — Sustainability: Officer compensation ratio scored 18/100.