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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 2022. Filed on November 15, 2023.

500 Enterprise Drive 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 2022 IRS Form 990 filing, Nutmeg State Financial Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 12 out of 176 total employees. Among the employees shown here, the average compensation is $267,279. The highest compensated employee at Nutmeg State Financial Credit Union is John Holt with fiscal year 2022 compensation of $963,485. Nutmeg State Financial Credit Union changed its name from Nutmeg State Fcu in 2019.

Revenue, expenses, and employee compensation

Revenue

$33,470,573

Expenses

$27,715,613

Employee compensation

$12,072,355
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Holt
President and Chief Executive Officer
$963,485
$963,485 No related compNo other comp
Al Festini
Senior Vice President, Straegic Partnerships and Community DEV
$264,273
$264,273 No related compNo other comp
Craig Ginman
Senior Vice President - Accounting and Finance
$262,691
$262,691 No related compNo other comp
Vincent Angelillo
Senior Vice President, Chief of Staff
$258,518
$258,518 No related compNo other comp
John Korber
Senior Vice President, Strategy and Innovation
$249,731
$249,731 No related compNo other comp
Stacey Collins
Vice President, People and Culture
$223,840
$223,840 No related compNo other comp
Dana Clark
Vice President, Consumer Lending
$187,898
$187,898 No related compNo other comp
Mark Edlund
Director Infrastructure Availability
$171,525
$171,525 No related compNo other comp
Phillip Mucha
Finance and Accounting Proje
$161,925
$161,925 No related compNo other comp
Marc Rietze
Product Marketing Manager
$156,823
$156,823 No related compNo other comp
Shane Dugan
Vice President, Commercial Lending
$156,131
$156,131 No related compNo other comp
Javier Roman
Member Success Director
$150,505
$150,505 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Luis Ramos
Board Chair
$10,105
$10,105 No related compNo other comp
Michael Petti
Board Vice Chair
$8,763
$8,763 No related compNo other comp
Wallace Abramson
Board Treasurer
$7,955
$7,955 No related compNo other comp
Maria Demarco
Supervisory Committee Member
$5,966
$5,966 No related compNo other comp
Michael Godbout
Board Member
$2,041
$2,041 No related compNo other comp
Marybeth Bunko
Board Secretary
$1,511
$1,511 No related compNo other comp
Charles Sabia
Board Member
$1,150
$1,150 No related compNo other comp
Ronald Brousseau
Board Member
$573
$573 No related compNo other comp
Pj Cimini, Esq
Board Member
No compensation reported
Steven Hernandez, Esq
Board Member
No compensation reported

Contractors

Presidio Technology Capital
IT Equipment
$860,517
Daland Solutions LLC
IT Consulting
$536,196
Mks 500 Enterprise
Leased Office Space
$477,654
Harvard Pilgrim Health Care
Health Care Insurance
$423,043
Business Data Inc.
Digital Printing
$411,710

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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