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FORUM CREDIT UNION

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Public IRS 990 nonprofit record

FORUM CREDIT UNION

EIN 35-0779057 · Credit Unions (W61)

What they do

FORUM is A 501(C)(14) EXEMPT ORGANIZATION THAT is OPERATED for MUTUAL PURPOSES and WITHOUT PROFIT THAT 1)PROMOTES THRIFT AMONG MEMBERS and 2)PROVIDES LOW COST CREDIT for MEMBERS. ITS COLLECTIVE CHARGE is to BE AN INNOVATIVE, DYNAMIC, and RESPONSIVE FINANCIAL SERVICES ORGANIZATION PROVIDING PRODUCTS and SERVICES THAT CREATE VALUE for ITS MEMBERS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$82.69spent for every $100 of revenueRevenue covered expenses this year.
$18.17in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $790,523 for DOUGLAS TRUE (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$144,668,455
Expenses$119,619,367
Annual surplus $25,049,088 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$144,668,455
Expenses$119,619,367
Assets$2,173,451,335
Income$145,250,131
Grants given$1,095,000
Average grant$156,429
Stocks and bonds$7,325,939
Accounting fees$165,609
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DOUGLAS TRUECHIEF EXECUTIVE OFFICER · 40 hrs/week $790,523Base $730,163 · Other $60,360
BENJAMEN BANKSFINANCIAL ADVISOR- PCG · 40 hrs/week $479,609Base $410,047 · Other $69,562
JEFFRY WELCHCHIEF FINANCIAL OFFICER · 40 hrs/week $442,889Base $406,121 · Other $36,768
CHARLES ANDREW MATTINGLYCHIEF OPERATING OFFICER · 40 hrs/week $428,327Base $356,358 · Other $71,969
JENNIFER BUDREAUCHIEF OPERATING OFFICER · 40 hrs/week $398,360Base $381,857 · Other $16,503
CAMERON PIERCEFIELDCHIEF TECHNOLOGY AND RISK OFFICER · 40 hrs/week $395,241Base $363,882 · Other $31,359
JIM CARRSENIOR VICE PRESIDENT - COMMERCIAL & INVESTMENT SE · 40 hrs/week $364,272Base $311,259 · Other $53,013
TAMMY MARRSFINANCIAL ADVISOR · 40 hrs/week $363,885Base $308,738 · Other $55,147
ANDREW SPIRRISONCHIEF MEMBER EXPERIENCE OFFICER · 40 hrs/week $345,565Base $281,039 · Other $64,526
CHRISTOPHER FERGUSONVICE PRESIDENT-CONSUMER LENDING · 40 hrs/week $263,353Base $222,091 · Other $41,262
BRIAN CRUMVICE PRESIDENT - REAL ESTATE, SERVICING AND CREDIT · 40 hrs/week $260,914Base $229,337 · Other $31,577
MICHELLE BAKERCHIEF PEOPLE OFFICER · 40 hrs/week $231,705Base $211,431 · Other $20,274

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

DOUGLAS TRUECHIEF EXECUTIVE OFFICER

BENJAMEN BANKSFINANCIAL ADVISOR- PCG

JEFFRY WELCHCHIEF FINANCIAL OFFICER

CHARLES ANDREW MATTINGLYCHIEF OPERATING OFFICER

JENNIFER BUDREAUCHIEF OPERATING OFFICER

CAMERON PIERCEFIELDCHIEF TECHNOLOGY AND RISK OFFICER

JIM CARRSENIOR VICE PRESIDENT - COMMERCIAL & INVESTMENT SE

TAMMY MARRSFINANCIAL ADVISOR

ANDREW SPIRRISONCHIEF MEMBER EXPERIENCE OFFICER

CHRISTOPHER FERGUSONVICE PRESIDENT-CONSUMER LENDING

BRIAN CRUMVICE PRESIDENT - REAL ESTATE, SERVICING AND CREDIT

MICHELLE BAKERCHIEF PEOPLE OFFICER

KRISTI LOWELLCHIEF MARKETING AND COMMUNITY OFFICER

KELLY WILSONDIRECTOR

TRACY MILLSVICE CHAIRMAN

JOHN GALLINADIRECTOR

JODEE CURTISDIRECTOR

RICK RAMBOTREASURER

LORI WINKLERDIRECTOR

KEVIN HUNTCHAIRMAN

CHRIS HAGENOWSECRETARY

DONNA WILKINSONDIRECTOR

About this charity

Recognized since
January 1969
Location
PO BOX 50738, INDIANAPOLIS, IN 46250
County
Marion
In care of
Jeffry Welch
Primary officer
Jeffry Welch, Chief Financial Officer

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
FORVIS MAZARS LLP
NTEE classification
Credit Unions (W61)
IRS tax category
Credit Unions
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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