Compensation 990

Tropical Financial Credit Union

Fiscal year ending 2021. Filed on November 15, 2022.

3050 Corporate Way
Miramar, Florida 33025

Tropical Financial Credit Union (EIN: 59-0637653) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Tropical Financial Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 214 total employees. Among the employees shown here, the average compensation is $229,136. The highest compensated employee at Tropical Financial Credit Union is Richard Helber with fiscal year 2021 compensation of $518,409.

Revenue, expenses, and employee compensation

Revenue

$39,741,302

Expenses

$32,900,462

Employee compensation

$15,156,144
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋16.6%vs 2020
Richard Helber
Chief Executive Officer
$518,409
$397,240 from orgNo related comp$121,169 other
＋24.2%vs 2020
Richard Shaw
Chief Operating Officer
$334,687
$303,518 from orgNo related comp$31,169 other
－29.5%vs 2020
Frank Salokar
Mortgage Loan Originator
$225,575
$208,222 from orgNo related comp$17,353 other
＋13.7%vs 2020
Brian Burress
Vice President Member Relations
$195,910
$172,451 from orgNo related comp$23,459 other
＋22.1%vs 2020
Alfredo Geonaga
Vice President, Administration
$193,147
$158,262 from orgNo related comp$34,885 other
New in 2021
Elizabeth Jimenz
Vice President, Human Resources
$188,224
$164,499 from orgNo related comp$23,725 other
＋13.1%vs 2020
Amy McGraw
Vice President, Marketing
$187,785
$167,297 from orgNo related comp$20,488 other
－35.2%vs 2020
Javier Cornavaca
Mortgage Loan Originator
$175,141
$144,363 from orgNo related comp$30,778 other
New in 2021
Francis Gallo
SR Commercial Lending Officer
$174,979
$151,336 from orgNo related comp$23,643 other
－22.7%vs 2020
Adam Boudin
Mortgage Loan Originator
$171,546
$156,228 from orgNo related comp$15,318 other
New in 2021
Douglas Lever
Mortgage Sales Manager
$155,097
$133,702 from orgNo related comp$21,395 other

Non-Employee Board Members

Bk Cruit
Secretary and Treasurer
Bn Diamond
Director
Hp Geer
Director
Jl Belaustegui
Vice Chair
Jm Dohohue
Director
M Perez
Chair
Mc Martinez
Director
Ml Reyes
Director/Audit Committee
Rp Wisniewki
Director

Mission Statement

TROPICAL FINANCIAL CREDIT UNION IS A NOT-FOR-PROFIT FINANCIAL COOPERATIVE PROVIDING MEMBER OWNERS WITH VALUABLE PRODUCTS, SERVICES AND EDUCATION TO HELP THEM ACHIEVE THEIR GOALS.

Revisions to this organization profile

October 27, 2025:
2024 Tropical Financial Credit Union 990 filed
October 11, 2024:
2023 Tropical Financial Credit Union 990 filed
November 13, 2023:
2022 Tropical Financial Credit Union 990 filed

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