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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 Nutmeg State Financial Credit Union

Nutmeg State Financial Credit Union

Fiscal year ending 2019. Filed on November 16, 2020.

500 Enterprise Drive
Rocky Hill, Connecticut 06067

Nutmeg State Financial Credit Union (EIN: 06-0655039) has filed an IRS Form 990 between fiscal years 2018 and 2023. In its fiscal year 2019 IRS Form 990 filing, Nutmeg State Financial Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 5 out of 117 total employees. Among the employees shown here, the average compensation is $382,022. The highest compensated employee at Nutmeg State Financial Credit Union is John Holt with fiscal year 2019 compensation of $906,575. Nutmeg State Financial Credit Union changed its name from Nutmeg State Fcu in 2019.

Revenue, expenses, and employee compensation

Revenue

$29,061,614

Expenses

$25,299,709

Employee compensation

$9,704,663
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Holt
President and Chief Executive Officer
$906,575
$906,575 No related compNo other comp
Robert Bruhn
Senior Vice President, Chief Financial Offic
$289,877
$285,327 No related comp$4,550
Al Festini
Senior Vice President, Chief Operations OFFI
$251,143
$245,885 No related comp$5,258
Brian Scavone
Senior Vice President, Chief Strategy Office
$247,303
$241,933 No related comp$5,370
Lisa Asadourian
Senior Vice President, Chief Engagement OFFI
$215,211
$211,593 No related comp$3,618

Benchmark Employee Compensation

Non-Employee Board Members

Luis Ramos
Board Chair
$10,615
$10,615 No related compNo other comp
Michael Petti
Board Vice Chair
$10,523
$10,523 No related compNo other comp
Charles Sabia
Board Secretary
$6,457
$6,457 No related compNo other comp
Wallace Abramson
Board Treasurer
$5,496
$5,496 No related compNo other comp
Michael Godbout
Board Member
$3,884
$3,884 No related compNo other comp
Ronald Brousseau
Board Member
$3,031
$3,031 No related compNo other comp
Marybeth Bunko
Board Member
$2,174
$2,174 No related compNo other comp

Contractors

Daland Solutions LLC
IT Consulting
$1,099,419
Csb Construction
Branch Construction
$719,494
Strategic Spaces
Construction
$567,538
Presidio Technology Capital LLC
Computer Hardware
$464,524
Cigna
Benefits
$452,271

Mission Statement

TO CREATE MULTI-GENERATIONAL PROSPERITY BY PROVIDING INCLUSIVE AND EQUITABLE ACCESS TO FINANCIAL PRODUCTS, SERVICES AND EDUCATION.

Revisions to this organization profile

November 15, 2024:
2023 Nutmeg State Financial Credit Union 990 filed
November 15, 2023:
2022 Nutmeg State Financial Credit Union 990 filed
November 15, 2022:
2021 Nutmeg State Financial Credit Union 990 filed

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