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Organizations St Mary's Credit Union Inc.

St Mary's Credit Union Inc.

Fiscal year ending 2021. Filed on May 12, 2022.

PO Box 729
Marlborough, Massachusetts 01752

St Mary's Credit Union Inc. (EIN: 04-1802000) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, St Mary's Credit Union Inc., a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 23 out of 150 total employees. Among the employees shown here, the average compensation is $193,183. The highest compensated employee at St Mary's Credit Union Inc. is James Garvey with fiscal year 2021 compensation of $514,261.

Revenue, expenses, and employee compensation

Revenue

$30,732,004

Expenses

$24,987,005

Employee compensation

$11,685,109
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James Garvey
President and Chief Executive Officer
$514,261
$475,205 No related comp$39,056
Larissa Thurston
President and Chief Executive Officer
$402,997
$371,418 No related comp$31,579
James Petkewich
Executive Vice President and Chief Operating Officer
$257,181
$218,456 No related comp$38,725
Nabil Farooq
Senior Vice President - Senior Commercial LE
$232,068
$196,122 No related comp$35,946
Christopher Mancini
Senior Vice President IT and CTO
$220,945
$201,811 No related comp$19,134
John Hendriske
Senior Vice President Consumer Lending
$216,872
$185,319 No related comp$31,553
Sarah Day
Senior Vice President Commercial LOAN Office
$207,918
$177,243 No related comp$30,675
Sherrie Leboeuf
Senior Vice President, Human Resources
$195,004
$161,648 No related comp$33,356
Melissa Eagles
Vice President, Real Estate Lending
$187,142
$154,647 No related comp$32,495
Armand Fernandez
Senior Vice President Small Business Lending
$183,714
$151,525 No related comp$32,189
Maria Mendoza
Mortgage Loan Originator
$171,751
$157,206 No related comp$14,545
Karen Mitchell
Mortgage Loan Originator
$161,977
$132,196 No related comp$29,781

Benchmark Employee Compensation

Non-Employee Board Members

Gerard P Richer
Chair and Director
$6,346
$6,346 No related compNo other comp
Thomas F Seymour
Executive Vice President Lending
$6,346
$6,346 No related compNo other comp
Brian Bouvier
Director
$6,346
$6,346 No related compNo other comp
Sandra Farrell
Director
$5,692
$5,692 No related compNo other comp
Karen Gadbois
Director
$5,217
$5,217 No related compNo other comp
Philippe Bouvier
Director
$2,859
$2,859 No related compNo other comp
Thomas H Wellen
Interim CEO, Director
$2,761
$2,761 No related compNo other comp
David Brumby
Director
$1,781
$1,781 No related compNo other comp
Joseph Bane
Director
$1,350
$1,350 No related compNo other comp
James F Toohey
Director
No compensation reported
Richard P Valarioti
Director
No compensation reported
Kevin M Mallett
Director
No compensation reported

Mission Statement

TO PROVIDE OUR MEMBERS/OWNERS WITH SUPERIOR FINANCIAL PRODUCTS AND SERVICES WITH FAVORABLE PRICING DELIVERED THROUGH ATTENTIVE, CONVENIENT AND COST-EFFECTIVE DELIVERY CHANNELS WHILE MAINTAINING A STRONG AND SAFE FINANCIAL CONDITION.

Revisions to this organization profile

March 26, 2025:
2024 St Mary's Credit Union Inc. 990 filed
March 26, 2024:
2023 St Mary's Credit Union Inc. 990 filed
March 20, 2023:
2022 St Mary's Credit Union Inc. 990 filed

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