Compensation 990

Five County Credit Union

Fiscal year ending 2023. Filed on September 12, 2024.

765 Washington Street
Bath, Maine 04530

Five County Credit Union (EIN: 01-0261795) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Five County Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 7 out of 163 total employees. Among the employees shown here, the average compensation is $287,349. The highest compensated employee at Five County Credit Union is Julie A Marquis with fiscal year 2023 compensation of $604,384.

Revenue, expenses, and employee compensation

Revenue

$23,598,688

Expenses

$20,551,841

Employee compensation

$11,133,796
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋7.3%vs 2022
Julie A Marquis
President and Chief Executive Officer
$604,384
$550,983 from orgNo related comp$53,401 other
＋8.9%vs 2022
Kenneth H Stockford
Senior Vice President Finance and Technology/C
$308,506
$273,046 from orgNo related comp$35,460 other
＋7.9%vs 2022
Michael Foley
Senior Vice President Support Services
$289,534
$256,285 from orgNo related comp$33,249 other
＋12.9%vs 2022
Jennifer Andersen
Senior Vice President Retail Services
$254,091
$225,779 from orgNo related comp$28,312 other
＋12.9%vs 2022
Terri Ryan
Senior Vice President, Administration
$231,382
$196,771 from orgNo related comp$34,611 other
＋13.4%vs 2022
Lynn Farmer
Senior Vice President, Human Resources
$199,810
$174,848 from orgNo related comp$24,962 other
New in 2023
Patty Duffy
Highest Compensated Employee
$123,738
$115,913 from orgNo related comp$7,825 other

Non-Employee Board Members

A Bosica
Director
Bruce Wilson
Director
Merlin Suggs
Vice Chair
Mona Faulter
Secretary and Treasurer
Peter Decourcy
Director
Robert Brewer
Chair
Sam May
Director

Mission Statement

DELIVERING TRUE CONVENIENCE THROUGH EXTENDED HOURS, MODERN & TRADITIONAL BANKING SERVICES AND TRUSTED SOLUTIONS.

Revisions to this organization profile

May 8, 2025:
2024 Five County Credit Union 990 filed
September 12, 2024:
2023 Five County Credit Union 990 filed
August 23, 2023:
2022 Five County Credit Union 990 filed

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