Heritage Financial Credit Union
Middletown, NY · EIN 14-1348251 · Public and societal benefit · Rank 10,979 by total revenue
httpsheritagefcucomaboutwhatmakesusdifferent Credit Union
Money, Form 990 for tax year 2024
- Total revenue
- $43,533,935
- Total expenses
- $44,053,308
- Total assets
- $731,003,926
- Salary base (all salaries and wages)
- $11,282,112
- Salaries, other pay and benefits
- $13,497,234
- Employees
- 228
- Salary base per employee
- $49,483
"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 (24)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Michael Ciriello | CEOPresident | Officer | 40 | $594,079 |
| Frederick Cornelius | EVP | Officer | 40 | $322,128 |
| Jonathan Shakelton | COO | Officer | 40 | $223,866 |
| Juliette McKerrell | SVP of Commercial | Officer | 40 | $195,232 |
| Luke Dearmond | VP of Lending | Officer | 40 | $187,056 |
| Maryann Maikisch | VP of HR | Officer | 40 | $186,602 |
| Jamie Carolan | VP of Finance | Officer | 40 | $175,837 |
| Michael Desieno | AVP of IT | Officer | 40 | $165,653 |
| Angela Morrill | AVP of Retail | Officer | 40 | $145,971 |
| Mario Guarneri | VP of Audit | Officer | 40 | $138,858 |
| Christopher Hagar | AVP of Sales Service | Officer | 40 | $135,928 |
| Rena D'andraia | AVP of Marketing | Officer | 40 | $131,547 |
| Nicole Benedetto | AVP of CU Operations | Officer | 40 | $130,118 |
| Gregory Beckwith | AVP of SBO | Officer | 40 | $129,635 |
| Michelle Rodriguez-Soto | AVP of Lending Product | Officer | 40 | $124,166 |
| Glenda Serrano | Chief of Staff | Officer | 40 | $118,949 |
| Jillian Sequist | AVP of Loan Operations | Officer | 40 | $104,914 |
| Kenneth Affeldt | Chairperson | Board | 0 | None reported |
| Thomas Houston | Vice Chairperson | Board | 0 | None reported |
| Jennifer Ryan | Treasurer | Board | 0 | None reported |
| Sandra Gerow | Secretary | Board | 0 | None reported |
| John Boyle | Director | Board | 0 | None reported |
| Nicholas Giglio | Director | Board | 0 | None reported |
| John Naumchik | Director | Board | 0 | None reported |
Top 10 paid people listed
These 10 people received $2,399,770, which is 21.3% of the $11,282,112 salary base shared by 228 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Michael Ciriello | CEOPresident | Officer | 40 | $556,348 | $0 | $37,731 | $594,079 |
| Frederick Cornelius | EVP | Officer | 40 | $290,979 | $0 | $31,149 | $322,128 |
| Jonathan Shakelton | COO | Officer | 40 | $204,882 | $0 | $18,984 | $223,866 |
| Juliette McKerrell | SVP of Commercial | Officer | 40 | $180,691 | $0 | $14,541 | $195,232 |
| Luke Dearmond | VP of Lending | Officer | 40 | $171,134 | $0 | $15,922 | $187,056 |
| Maryann Maikisch | VP of HR | Officer | 40 | $169,033 | $0 | $17,569 | $186,602 |
| Jamie Carolan | VP of Finance | Officer | 40 | $170,825 | $0 | $5,012 | $175,837 |
| Shawn Simmons | MLO II | Highly paid employee | 40 | $154,569 | $0 | $20,379 | $174,948 |
| Samantha Primo | MLO II | Highly paid employee | 40 | $165,565 | $0 | $8,804 | $174,369 |
| Michael Desieno | AVP of IT | Officer | 40 | $137,121 | $0 | $28,532 | $165,653 |
Sources
- IRS e-file return 202501359349304420 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 14-1348251
- Organization website (as filed): www.heritagefcu.com