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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 2020. Filed on November 18, 2021.

500 Enterprise Drive No 4
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 2020 IRS Form 990 filing, Nutmeg State Financial Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 7 out of 118 total employees. Among the employees shown here, the average compensation is $274,298. The highest compensated employee at Nutmeg State Financial Credit Union is John Holt with fiscal year 2020 compensation of $960,670. Nutmeg State Financial Credit Union changed its name from Nutmeg State Fcu in 2019.

Revenue, expenses, and employee compensation

Revenue

$25,623,424

Expenses

$26,743,276

Employee compensation

$11,439,723
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Holt
President and Chief Executive Officer
$960,670
$960,670 No related compNo other comp
Al Festini
Senior Vice President, Chief Operations OFFI
$198,433
$198,433 No related compNo other comp
Brian Scavone
Senior Vice President, Chief Strategy Office
$195,237
$195,237 No related compNo other comp
Craig Ginman
Senior Vice President - Accounting and Finance
$166,731
$166,731 No related compNo other comp
Dana Clark
Vice President - Balance and Products
$162,932
$162,932 No related compNo other comp
John Korber
Senior Vice President - Technology and Information
$131,687
$131,687 No related compNo other comp
Vincent Angelillo
Director of FL Partnerships, Production
$104,398
$104,398 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Wallace Abramson
Board Treasurer
$7,170
$7,170 No related compNo other comp
Luis Ramos
Board Chair
$7,170
$7,170 No related compNo other comp
Michael Petti
Board Vice Chair
$6,578
$6,578 No related compNo other comp
Charles Sabia
Board Secretary
$5,838
$5,838 No related compNo other comp
Michael Godbout
Board Member
$2,923
$2,923 No related compNo other comp
Ronald Brousseau
Board Member
$2,251
$2,251 No related compNo other comp
Marybeth Bunko
Board Member
$1,552
$1,552 No related compNo other comp

Contractors

Daland Solutions LLC
IT Consulting
$1,752,713
Source Technologies
Hardware
$1,034,827
Harvard Pilgrim Health Care
Health Care Insurance
$863,692
Csb Construction
Branch Construction
$562,605
Mks 500 Enterprise
Leased Office Space
$503,375

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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