Compensation 990

Tropical Financial Credit Union

Fiscal year ending 2022. Filed on November 13, 2023.

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 2022 IRS Form 990 filing, Tropical Financial Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 13 out of 228 total employees. Among the employees shown here, the average compensation is $231,822. The highest compensated employee at Tropical Financial Credit Union is Richard Helber with fiscal year 2022 compensation of $677,188.

Revenue, expenses, and employee compensation

Revenue

$45,945,135

Expenses

$39,097,914

Employee compensation

$16,991,629
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋30.6%vs 2021
Richard Helber
Chief Executive Officer
$677,188
$464,349 from orgNo related comp$212,839 other
＋26.2%vs 2021
Richard Shaw
Chief Operating Officer
$422,232
$378,736 from orgNo related comp$43,496 other
＋10.6%vs 2021
Brian Burress
Vice President, Member Relations
$216,728
$189,279 from orgNo related comp$27,449 other
＋13.5%vs 2021
Elizabeth Jimenz
Vice President, Human Resources
$213,565
$179,729 from orgNo related comp$33,836 other
＋9.3%vs 2021
Alfredo Geonaga
Vice President, Administration
$211,118
$173,461 from orgNo related comp$37,657 other
＋10.7%vs 2021
Amy McGraw
Vice President, Marketing
$207,871
$182,656 from orgNo related comp$25,215 other
New in 2022
Roberto Salamenca
Vice President, Information Technology
$182,554
$154,625 from orgNo related comp$27,929 other
New in 2022
Jennifer Farrington
Controller/Vp of Finance
$172,734
$155,817 from orgNo related comp$16,917 other
New in 2022
Sara P Monroy
Consumer Lending Manager
$150,533
$126,024 from orgNo related comp$24,509 other
－17.5%vs 2021
Francis Gallo
SR Commercial Lending OFFI
$144,313
$117,812 from orgNo related comp$26,501 other
New in 2022
Robert Smith
Information Security Officer
$144,066
$124,723 from orgNo related comp$19,343 other
－38.1%vs 2021
Frank Salokar
Mortgage Loan Originator
$139,572
$123,362 from orgNo related comp$16,210 other

Non-Employee Board Members

New in 2022
Jm Dohohue
Director
$13,136
$13,136 from orgNo related compNo other comp
New in 2022
Ml Reyes
Director
$11,471
$11,471 from orgNo related compNo other comp
New in 2022
Jl Belaustegui
Director
$10,902
$10,902 from orgNo related compNo other comp
New in 2022
Mc Martinez
Director
$8,641
$8,641 from orgNo related compNo other comp
New in 2022
Hp Geer
Chair
$769
$769 from orgNo related compNo other comp
Rp Wisniewki
Secretary and Treasurer
No compensation reported
Bn Diamond
Director
No compensation reported
M Perez
Vice Chair
No compensation reported
Bk Cruit
Director
No compensation reported

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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