Compensation 990

Melrose Credit Union

Fiscal year ending 2016. Filed on September 13, 2017.

139-30 Queens Blvd
Briarwood, New York 11435

Melrose Credit Union (EIN: 13-1739819) has filed an IRS Form 990 in fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Melrose Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 17 out of 95 total employees. Among the employees shown here, the average compensation is $215,155. The highest compensated employee at Melrose Credit Union is Alan Kaufman with fiscal year 2016 compensation of $393,336.

Revenue, expenses, and employee compensation

Revenue

$65,452,408

Expenses

$160,642,837

Employee compensation

$8,724,801
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alan Kaufman
Ex-Ceo
$393,336
$374,021 from orgNo related comp$19,315 other
Marion Smith
Assistant Treasurer
$388,197
$373,440 from orgNo related comp$14,757 other
Steven Krauser
Interim Chief Executive Officer
$320,626
$300,226 from orgNo related comp$20,400 other
Mitchell D Reiver
Assistant Secretary
$313,344
$284,983 from orgNo related comp$28,361 other
Robin L Myers
Controller
$241,995
$214,201 from orgNo related comp$27,794 other
Joseph Aiello
Information TECH Manager
$207,953
$180,268 from orgNo related comp$27,685 other
Alan Plafker
Business Services Supervisor
$203,892
$185,032 from orgNo related comp$18,860 other
Catherine M Chempanos
Compliance Officer
$188,511
$169,664 from orgNo related comp$18,847 other
Sebastian Gallitto
LOAN Supervisor
$186,247
$155,981 from orgNo related comp$30,266 other
Salvatore Bet
BUS ACCT SPEC
$169,945
$143,288 from orgNo related comp$26,657 other
John Cetta
LOAN Underwriter Supervisor
$168,578
$156,731 from orgNo related comp$11,847 other
Patrick Hannaberry
IT Support SPEC
$163,493
$136,203 from orgNo related comp$27,290 other

Non-Employee Board Members

Laurie Benjamin
Vice President
$31,237
$31,237 from orgNo related compNo other comp
Paul Woldar
President
No compensation reported
Scott Deutchman
Secretary
No compensation reported
Sydney Deitz
Director
No compensation reported
Rosalie Dornstein
Director
No compensation reported
Lee Komitor
Director
No compensation reported

Contractors

Dechert LLP
Legal
$1,246,344
Crosby & Higgins LLP
Legal
$604,783
Merrill I Rosen CPA PC
Auditors
$538,400
Jets Stadium Development LLC
Advertising/Promo
$249,341
Eb Putnam & Company
Exec Employ Search
$198,650

Mission Statement

CREDIT UNION ESTABLISHED TO FULFILL OUR MEMBERS FINANCIAL NEEDS IN A SAFE, SOUND MANNER WHILE PROMOTING THRIFT AND GRANTING AFFORDABLE LOANS FOR PROVIDENT PURPOSES.

Revisions to this organization profile

September 13, 2017:
2016 Melrose Credit Union 990 filed

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