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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Harvard Federal Credit Union

Harvard Federal Credit Union

Fiscal year ending 2024. Filed on October 8, 2024.

104 Mt Auburn St 4th Floor
Cambridge, Massachusetts 02138

Harvard Federal Credit Union (EIN: 04-6017806) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Harvard Federal Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 9 out of 162 total employees. Among the employees shown here, the average compensation is $309,154. The highest compensated employee at Harvard Federal Credit Union is Craig Leonard with fiscal year 2024 compensation of $651,070. Harvard Federal Credit Union changed its name from Harvard University Employees Credit Union in 2024.

Revenue, expenses, and employee compensation

Revenue

$24,885,772

Expenses

$24,806,832

Employee compensation

$6,709,163
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Craig Leonard
President and Chief Executive Officer
$651,070
$556,250 No related comp$94,820
Thomas Montilli
Executive Vice President and Chief Experience OFF
$401,549
$345,962 No related comp$55,587
John Degnan
Senior Vice President, Operations
$331,195
$282,355 No related comp$48,840
Katherine Armstrong
Senior Vice President and Chief Financial Officer
$313,237
$265,133 No related comp$48,104
Helen Laskaris
Mortgage Loan Originator
$241,824
$216,059 No related comp$25,765
Tanya Tanaro
Vice President, Education and Consumer Lending
$222,803
$185,115 No related comp$37,688
Sharon Cummings
Mortgage Loan Originator
$218,098
$191,077 No related comp$27,021
Jayne Matthews
Mortgage Loan Originator
$213,361
$176,648 No related comp$36,713
Michael Levine
Mortgage Loan Originator
$189,251
$164,638 No related comp$24,613

Benchmark Employee Compensation

Non-Employee Board Members

April Edrington
Director and Clerk
Dee Dee Chen
Vice Chair and Director
Gonzalo Sanz
Director
Harman Kaur
Director
Jason Luke
Chair and Director
John Lichten
Director
Karrie Ford
Vice Chair and Director
Marty Ray
Director
Mary Ann O'Brien
Director
Mary Straub
Treasurer and Director
Shahar Ziv
Director

Contractors

Pscu
Data Processing
$1,570,301
Fiserv Inc.
Data Processing
$931,481
Alkami Technology
Data Processing
$383,619
Adrenaline
Build Brand Platform
$372,530
University Accounting Service LLC
Student Loan Processing
$217,222

Mission Statement

HARVARD FEDERAL CREDIT UNION F/K/A HARVARD UNIVERSITY EMPLOYEE CREDIT UNION ASPIRES TO BE A TRUSTED PARTNER IN OUR MEMBERS' FINANCIAL LIVES. WE ADD VALUE TO MEMBERSHIP BY OFFERING THE BEST POSSIBLE PRICE, THE HIGHEST QUALITY PERSONAL SERVICE, AND SINCERE, SOUND ADVICE.THE CREDIT UNION SEEKS TO BE KNOWN AS A COMMUNITY LEADER AND TO DEEPEN ITS LONG STANDING COMMITMENT TO HOUSING ISSUES, GREEN INITIATIVES, FINANCIAL LITERACY AND ACCESS TO CREDIT FOR LOW AND MODERATE INCOME BORROWERS. THE CREDIT UNION WORKS TOWARD TRANSFORMATIONAL GROWTH AND CHANGE WITHOUT RELINQUISHING THE CORE VALUES WE HOLD TODAY. WE ARE A NOT-FOR-PROFIT COOPERATIVE WHICH EXISTS SOLELY FOR THE BEST INTEREST OF OUR MEMBERS. WE VALUE INTEGRITY AND RESPONSIBILITY IN ALL OF OUR ACTIONS. WE STRIVE TO ENHANCE OUR COMMUNITIES AND CREATE SOLUTIONS FOR SOCIAL, ENVIRONMENTAL AND ECONOMIC ISSUES.

Revisions to this organization profile

October 8, 2024:
2024 Harvard Federal Credit Union 990 filed
May 6, 2024:
2023 Harvard Federal Credit Union 990 filed
May 10, 2023:
2022 Harvard Federal Credit Union 990 filed

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