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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 Public & Societal Benefit Heritage Financial Credit Union

Heritage Financial Credit Union

Fiscal year ending 2024. Filed on May 15, 2025.

25 Rykowski Lane
Middletown, New York 10941

Heritage Financial Credit Union (EIN: 14-1348251) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2024 IRS Form 990 filing, Heritage Financial Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 22 out of 228 total employees. Among the employees shown here, the average compensation is $178,840. The highest compensated employee at Heritage Financial Credit Union is Michael Ciriello with fiscal year 2024 compensation of $594,079.

Revenue, expenses, and employee compensation

Revenue

$43,533,935

Expenses

$44,053,308

Employee compensation

$13,497,234
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Ciriello
President and Chief Executive Officer
$594,079
$556,348 No related comp$37,731
Frederick Cornelius
Executive Vice President
$322,128
$290,979 No related comp$31,149
Jonathan Shakelton
Chief Operating Officer
$223,866
$204,882 No related comp$18,984
Juliette McKerrell
Senior Vice President of Commercial
$195,232
$180,691 No related comp$14,541
Luke Dearmond
Vice President, Lending
$187,056
$171,134 No related comp$15,922
Maryann Maikisch
Vice President, Human Resources
$186,602
$169,033 No related comp$17,569
Jamie Carolan
Vice President, Finance
$175,837
$170,825 No related comp$5,012
Shawn Simmons
MLO II
$174,948
$154,569 No related comp$20,379
Samantha Primo
MLO II
$174,369
$165,565 No related comp$8,804
Michael Desieno
AVP of IT
$165,653
$137,121 No related comp$28,532
Angela Morrill
AVP of Retail
$145,971
$138,510 No related comp$7,461
Linda Bow
Compliance Director
$140,956
$125,819 No related comp$15,137

Benchmark Employee Compensation

Non-Employee Board Members

Jennifer Ryan
Treasurer
John Boyle
Director
John Naumchik
Director
Kenneth Affeldt
Chair
Nicholas Giglio
Director
Sandra Gerow
Secretary
Thomas Houston
Vice Chair

Mission Statement

httpsheritagefcucomaboutwhatmakesusdifferent Credit Union

Revisions to this organization profile

May 15, 2025:
2024 Heritage Financial Credit Union 990 filed
May 9, 2024:
2023 Heritage Financial Credit Union 990 filed
May 17, 2023:
2022 Heritage Financial Credit Union 990 filed

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