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Organizations Vermont State Employees Credit Union

Vermont State Employees Credit Union

Fiscal year ending 2018. Filed on August 5, 2020.

1 Bailey Avenue
Montpelier, Vermont 05602

Vermont State Employees Credit Union (EIN: 03-0184985) has filed an IRS Form 990 from fiscal year 2016–2022. In its fiscal year 2018 IRS Form 990 filing, Vermont State Employees Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 8 out of 225 total employees. Among the employees shown here, the average compensation is $213,249. The highest compensated employee at Vermont State Employees Credit Union is Robert Miller with fiscal year 2018 compensation of $365,077.

Revenue, expenses, and employee compensation

Revenue

$40,299,462

Expenses

$34,933,142

Employee compensation

$14,498,678
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert Miller
President and Chief Executive Officer
$365,077
$334,401 No related comp$30,676
Terence Field
Senior Vice President, Finance
$255,695
$219,150 No related comp$36,545
Yvonne Garand
Svp-Retail/Marketing
$248,876
$210,401 No related comp$38,475
Richard Hommel
Svp-Technology/Operations
$228,475
$200,784 No related comp$27,691
John K Phalen
Vice President Portfolio Manager
$183,605
$165,239 No related comp$18,366
Valerie Beaudin
Senior Vice President, Lending
$160,287
$138,868 No related comp$21,419
Trevor Thorpe
Vice President IT Infrastructure
$147,405
$132,485 No related comp$14,920
Eric Pasti
Senior Vmware Systems Administrator
$116,568
$111,172 No related comp$5,396

Benchmark Employee Compensation

Non-Employee Board Members

A Shollenberger
Board Member
B Doyle
Board Member
G Wescott
Supervisory Committee Member
H Neuwirth Loveyjoy
Board Member
J Hollner
Board Member
J Spitler
Board Member
K B Cheney
Board Member
M Hogan
BOD, V Chair
M Trepanier
Board Secretary
N Desrochers
Supervisory Commitee Chair
N McElvany
Board Chair
S Miller
Supervisory Committee Member

Contractors

Fiserv
Core and Ancillary Products
$1,670,621
The Members Group
Card Program
$1,200,545
Connor Contracting
Branch Building Contracting
$704,714
Kerr Advertising
Advertising
$655,362
NCR Corporation
Printing-Postage
$499,291

Mission Statement

VERMONT STATE EMPLOYEES CREDIT UNION IS A STATE CHARTERED CREDIT UNION PROVIDING FINANCIAL SERVICES TO ITS MEMBERS IN THE STATE OF VERMONT.

Revisions to this organization profile

October 23, 2023:
2022 Vermont State Employees Credit Union 990 filed
May 16, 2022:
2021 Vermont State Employees Credit Union 990 filed
October 28, 2021:
2020 Vermont State Employees Credit Union 990 filed

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