Maine State Credit Union
Augusta, ME · EIN 01-0196194 · Rank 11,837 by total revenue
Provide members with savings and loan services.
Money, Form 990 for tax year 2024
- Total revenue
- $39,810,710
- Total expenses
- $38,756,567
- Total assets
- $701,935,355
- Salary base (all salaries and wages)
- $9,181,686
- Salaries, other pay and benefits
- $11,745,132
- Employees
- 182
- Salary base per employee
- $50,449
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (16)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Stephen Wallace | PRESIDENT/CEO | Officer | 40 | $434,545 |
| Shane Abbott | SVP/CHIEF STRATEGY OFFICER | Officer | 40 | $228,767 |
| Brie Mellor | SVP/CHIEF LENDING OFFICER | Officer | 40 | $226,654 |
| Jason Hilt | SVP/CFO (THRU AUG '24) THEN SVP/CONTROLLER | Officer | 40 | $159,463 |
| Amanda Crommett | SVP/CHIEF RETAIL OFFICER | Officer | 40 | $152,198 |
| Neal Blake | SVP/CHIEF FINANCIAL OFFICER | Officer | 40 | $57,535 |
| Eric Poirier | CHAIRPERSON | Board, Officer | 1 | None reported |
| Liz Ouellette | VICE CHAIRPERSON | Board, Officer | 1 | None reported |
| Roland Maheux | TREASURER | Board, Officer | 1 | None reported |
| George Lapointe | SECRETARY | Board, Officer | 1 | None reported |
| Leonard Cabana | DIRECTOR | Board | 1 | None reported |
| Gary Crocker | DIRECTOR | Board | 1 | None reported |
| Thomas Cusick | DIRECTOR | Board | 1 | None reported |
| Duncan Mackellar | DIRECTOR | Board | 1 | None reported |
| Michael Roderigue | DIRECTOR | Board | 1 | None reported |
| James Soucie | DIRECTOR | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $2,085,835, which is 22.7% of the $9,181,686 salary base shared by 182 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Stephen Wallace | PRESIDENT/CEO | Officer | 40 | $399,928 | $0 | $34,617 | $434,545 |
| Shane Abbott | SVP/CHIEF STRATEGY OFFICER | Officer | 40 | $195,012 | $0 | $33,755 | $228,767 |
| Brie Mellor | SVP/CHIEF LENDING OFFICER | Officer | 40 | $193,109 | $0 | $33,545 | $226,654 |
| Bruce Harrington | SVP COMMERCIAL LENDING | Highly paid employee | 40 | $164,974 | $0 | $27,571 | $192,545 |
| Elizebeth Jean | SVP RESIDENTIAL MORTGAGE | Highly paid employee | 40 | $149,305 | $0 | $32,169 | $181,474 |
| Mitchell Ryan | VP TECHNOLOGY OPERATIONS | Highly paid employee | 40 | $140,508 | $0 | $33,979 | $174,487 |
| Jennifer Bechard | VP OF HUMAN RESOURCES | Highly paid employee | 40 | $139,566 | $0 | $30,880 | $170,446 |
| Jeffrey Charland | VP COMMERCIAL LOAN OFFICER | Highly paid employee | 40 | $152,157 | $0 | $13,099 | $165,256 |
| Jason Hilt | SVP/CFO (THRU AUG '24) THEN SVP/CONTROLLER | Officer | 40 | $134,441 | $0 | $25,022 | $159,463 |
| Amanda Crommett | SVP/CHIEF RETAIL OFFICER | Officer | 40 | $137,462 | $0 | $14,736 | $152,198 |
Sources
- IRS e-file return 202513219349311956 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 01-0196194
- Organization website (as filed): www.mainestatecu.org