Compensation 990

Service Credit Union

Fiscal year ending 2020. Filed on August 16, 2021.

3003 Lafayette Road
Recreation 128 Main St
Portsmouth, New Hampshire 03801

Service Credit Union (EIN: 02-0240752) has filed an IRS Form 990 from fiscal year 2016–2020. In its fiscal year 2020 IRS Form 990 filing, Service Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 employees. Among the employees shown here, the average compensation is $251,594. The highest compensated employee at Service Credit Union is David Araujo with fiscal year 2020 compensation of $690,402.

Revenue, expenses, and employee compensation

Revenue

$158,075,310

Expenses

$609,472,276

Employee compensation

$50,646,317
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Araujo
President and Chief Executive Officer
$690,402
$646,413 from orgNo related comp$43,989 other
Dan Clarke
Senior Vice President, Member Experience
$286,965
$250,647 from orgNo related comp$36,318 other
Philip von Streicher
Vice President Overseas
$271,476
$235,188 from orgNo related comp$36,288 other
Michael Porter
Vice President, Operations
$245,499
$194,332 from orgNo related comp$51,167 other
Michael Bergeron
Vice President Logistics
$232,097
$185,569 from orgNo related comp$46,528 other
Wendy Beswick
Vice President, Marketing
$226,872
$190,923 from orgNo related comp$35,949 other
Fawn Terwilliger
Senior Vice President and Chief Lending Officer
$208,320
$172,609 from orgNo related comp$35,711 other
Satish Mehta
Senior Vice President, Chief Administrative Officer
$191,502
$175,635 from orgNo related comp$15,867 other
Geoffry Gilton
Senior Vice President, Technology
$191,309
$175,479 from orgNo related comp$15,830 other
May Hatem
Vice President, Hr/Training
$182,426
$162,420 from orgNo related comp$20,006 other
Michael Dvorak
Senior Vice President, Accounting and Finance
$40,661
$38,860 from orgNo related comp$1,801 other

Non-Employee Board Members

Dan Eagan
Director
$8,547
$8,547 from orgNo related compNo other comp
Scott Wensley
Vice Chair and Treasurer
$7,763
$7,763 from orgNo related compNo other comp
Clifford Taylor
Director
$4,134
$4,134 from orgNo related compNo other comp
Joanne Whiting
Director
$4,134
$4,134 from orgNo related compNo other comp
Dr James Fishbein
Chair
$3,931
$3,931 from orgNo related compNo other comp
Michael McMahon
Director
No compensation reported
Sue Desjardins
Secretary
No compensation reported

Contractors

NCR Corporation
ATM Systems Provider
$4,246,059
Fiserv Solutions
IT Systems
$2,891,396
Blaze Partners LLC
Marketing Consultant
$2,071,070
Avtex Solutions LLC
Phone System Support
$461,664
Wittiji Consulting
IT Consulting
$130,605

Mission Statement

DOING WHAT IS RIGHT FOR OUR MEMBERS BY IMPROVING FINANCIAL WELL-BEING, SUPPORTING COMMUNITIES WE SERVE AND CREATING VALUE AND ENDURING RELATIONSHIPS.

Revisions to this organization profile

August 16, 2021:
2020 Service Credit Union 990 filed
November 12, 2020:
2019 Service Credit Union 990 filed
November 15, 2019:
2018 Service Credit Union 990 filed

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