Depositors Insurance Fund
Woburn, MA · EIN 04-1647690 · Rank 20,885 by total revenue
Insures those deposits in excess of the fdic limits and also provides temporary liquidity to member banks by making loans to them, secured by member banks' assets.
Money, Form 990 for tax year 2024
- Total revenue
- $19,761,142
- Total expenses
- $3,489,549
- Total assets
- $582,914,539
- Salary base (all salaries and wages)
- $1,849,890
- Salaries, other pay and benefits
- $2,396,550
- Employees
- 7
- Salary base per employee
- $264,270
"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 (19)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Andrew Calamare | PRESIDENT/CEO (RETIRED 12/31/2024) | Officer | 35 | $824,043 |
| Judith Javidpour | PRESIDENT/CEO (AS OF 1/1/2025) | Officer | 35 | $496,144 |
| Annemarie Lee | VICE PRESIDENT | Officer | 35 | $276,931 |
| Matthew P Calnan | SENIOR VICE PRESIDENT | Officer | 35 | $275,474 |
| Kara M McNamara | SENIOR VICE PRESIDENT | Officer | 30 | $257,620 |
| Kevin Dabrieo | SVP, CFO (AS OF 1/1/2025) | Officer | 35 | $38,731 |
| Peter G Brown | DIRECTOR | Board | 2 | $18,300 |
| Robert W Terravecchia Jr | DIRECTOR | Board | 2 | $16,800 |
| Edward F Manzi Jr | DIRECTOR (ENDED 9/2025) | Board | 2 | $14,800 |
| Jeffrey Worth | DIRECTOR | Board | 2 | $12,600 |
| Robert J Fraser | DIRECTOR | Board | 2 | $11,300 |
| Raija L Vaisanen | DIRECTOR | Board | 2 | $8,500 |
| Carol McClintock | DIRECTOR | Board | 2 | $8,500 |
| David G Falwell | DIRECTOR | Board | 2 | $8,000 |
| Meg McIsaac | DIRECTOR | Board | 2 | $8,000 |
| Andrew J Raczka | DIRECTOR (ENDED 9/2024) | Board | 2 | $7,600 |
| Kaz Borawski | DIRECTOR | Board | 2 | $7,000 |
| Robert S Karam | DIRECTOR (ENDED 12/2024) | Board | 2 | $2,000 |
| Joseph T Baptista | DIRECTOR (AS OF 12/2024) | Board | 2 | $2,000 |
Top 10 paid people listed
These 10 people received $2,374,448, which is 128.4% of the $1,849,890 salary base shared by 7 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Andrew Calamare | PRESIDENT/CEO (RETIRED 12/31/2024) | Officer | 35 | $775,435 | $0 | $48,608 | $824,043 |
| Judith Javidpour | PRESIDENT/CEO (AS OF 1/1/2025) | Officer | 35 | $405,843 | $0 | $90,301 | $496,144 |
| Annemarie Lee | VICE PRESIDENT | Officer | 35 | $197,661 | $0 | $79,270 | $276,931 |
| Matthew P Calnan | SENIOR VICE PRESIDENT | Officer | 35 | $192,513 | $0 | $82,961 | $275,474 |
| Kara M McNamara | SENIOR VICE PRESIDENT | Officer | 30 | $197,127 | $0 | $60,493 | $257,620 |
| Maura Villanova | REPORTS SPECIALIST | Highly paid employee | 35 | $106,328 | $0 | $49,277 | $155,605 |
| Kevin Dabrieo | SVP, CFO (AS OF 1/1/2025) | Officer | 35 | $36,716 | $0 | $2,015 | $38,731 |
| Peter G Brown | DIRECTOR | Board | 2 | $18,300 | $0 | $0 | $18,300 |
| Robert W Terravecchia Jr | DIRECTOR | Board | 2 | $16,800 | $0 | $0 | $16,800 |
| Edward F Manzi Jr | DIRECTOR (ENDED 9/2025) | Board | 2 | $14,800 | $0 | $0 | $14,800 |
Sources
- IRS e-file return 202622169349302102 (Form 990, period ending 2025-10-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 04-1647690
- Organization website (as filed): www.difxs.com