Nutmeg State Financial Credit Union
Rocky Hill, CT · EIN 06-0655039 · Rank 11,256 by total revenue
To create multi-generational prosperity by providing inclusive and equitable access to financial products, services and education.
Money, Form 990 for tax year 2024
- Total revenue
- $42,153,342
- Total expenses
- $39,668,633
- Total assets
- $697,084,624
- Salary base (all salaries and wages)
- $11,034,284
- Salaries, other pay and benefits
- $13,588,509
- Employees
- 141
- Salary base per employee
- $78,257
"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 (21)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| John Holt | CHIEF EXECUTIVE OFFICER | Officer | 40 | $1,090,902 |
| Patrick Ahern | PRESIDENT, CHIEF OPERATING OFFICER | Officer | 40 | $603,041 |
| Heather Gates | SVP, CHIEF LENDING OFFICER | Officer | 40 | $361,186 |
| Robin Del Vecchio | SVP TECHNOLOGY & OPERATIONS | Officer | 40 | $327,642 |
| Mark Cornacchio | STRATEGIC ADVISOR | Officer | 40 | $323,059 |
| Vincent Angelillo | SVP SALES & MARKETING, CHIEF EXPERIENCE OFFICER | Officer | 40 | $317,678 |
| Craig Knell | SVP, CHIEF FINANCIAL OFFICER | Officer | 40 | $303,353 |
| Al Festini | STRATEGIC PARTNERSHIPS | Officer | 40 | $161,381 |
| Kenneth Lawless | DIRECTOR, INFORMATION TECHNOLOGY SERVICES | Key employee | 40 | $216,968 |
| Javier Roman | DIRECTOR MEMBER SUCCESS | Key employee | 40 | $182,743 |
| Julie Eldridge | DIRECTOR, PEOPLE AND CULTURE | Key employee | 40 | $180,987 |
| Shane Dugan | COMMERCIAL AND MORTGAGES | Key employee | 40 | $175,786 |
| Kyle Christopher Dahn | DIRECTOR OF ACCOUNTING | Key employee | 40 | $173,164 |
| Dr Luis Ramos | CHAIR | Board | 1 | $14,253 |
| Mike Petti | VICE CHAIR | Board | 1 | $13,467 |
| Wallace Abramson | DIRECTOR EMERITUS | Board | 1 | $7,800 |
| Maria Demarco | SUPERVISORY COMMITTEE CHAIR | Board | 1 | $7,800 |
| Steven Hernandez ESQ | 2GEN COMMITTEE CHAIR | Board | 1 | $5,200 |
| Mike Godbout | TREASURER | Board | 1 | $3,367 |
| Beth Bunko | SECRETARY | Board | 1 | $1,394 |
| Pj Cimini ESQ | GOVERNANCE COMMITTEE CHAIR | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $3,914,069, which is 35.5% of the $11,034,284 salary base shared by 141 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| John Holt | CHIEF EXECUTIVE OFFICER | Officer | 40 | $1,040,824 | $0 | $50,078 | $1,090,902 |
| Patrick Ahern | PRESIDENT, CHIEF OPERATING OFFICER | Officer | 40 | $552,702 | $0 | $50,339 | $603,041 |
| Heather Gates | SVP, CHIEF LENDING OFFICER | Officer | 40 | $299,863 | $0 | $61,323 | $361,186 |
| Robin Del Vecchio | SVP TECHNOLOGY & OPERATIONS | Officer | 40 | $266,750 | $0 | $60,892 | $327,642 |
| Mark Cornacchio | STRATEGIC ADVISOR | Officer | 40 | $306,813 | $0 | $16,246 | $323,059 |
| Vincent Angelillo | SVP SALES & MARKETING, CHIEF EXPERIENCE OFFICER | Officer | 40 | $293,150 | $0 | $24,528 | $317,678 |
| Craig Knell | SVP, CHIEF FINANCIAL OFFICER | Officer | 40 | $278,382 | $0 | $24,971 | $303,353 |
| Kenneth Lawless | DIRECTOR, INFORMATION TECHNOLOGY SERVICES | Key employee | 40 | $194,522 | $0 | $22,446 | $216,968 |
| Shanon Peters | DIRECTOR, ENTERPRISE RISK MANAGEMENT | Highly paid employee | 40 | $146,043 | $0 | $41,454 | $187,497 |
| Javier Roman | DIRECTOR MEMBER SUCCESS | Key employee | 40 | $164,937 | $0 | $17,806 | $182,743 |
Sources
- IRS e-file return 202541349349310009 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 06-0655039
- Organization website (as filed): www.nutmegstatefcu.org