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NUTMEG STATE FINANCIAL CREDIT UNION

EIN 06-0655039 ROCKY HILL, CT

Browse the largest nonprofits in Connecticut

Revenue 2024
$42,153,342
Expenses 2024
$39,668,633

As filed

Subsection
14
Classification
1000
Street
500 ENTERPRISE DR STE 4A

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Group exemption

A subordinate covered by the group exemption of CONNECTICUT STATE BANKING DEPARTMENT GROUP RETURN (EIN 06-6068453). matched by us

The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.

Mission and programs · 2024

Mission

TO CREATE MULTI-GENERATIONAL PROSPERITY BY PROVIDING INCLUSIVE AND EQUITABLE ACCESS TO FINANCIAL PRODUCTS, SERVICES AND EDUCATION.

  • TO PROVIDE FINANCIAL SERVICES TO OUR MEMBERS WITH LOW INTEREST RATE LOANS AND HIGH DIVIDEND RATE SHARE ACCOUNTS.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • John Holt

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $1,090,902
    From this org
    $1,040,824
    From related orgs
    $0
    Other
    $50,078
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $528,124
    Bonus
    $257,409
    Other
    $255,291
    Deferred
    $13,800
    Nontaxable benefits
    $36,278
    Filer's total
    $1,090,902
  • Patrick Ahern

    PRESIDENT, CHIEF OPERATING OFFICER

    Total calculated
    $603,041
    From this org
    $552,702
    From related orgs
    $0
    Other
    $50,339
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $407,370
    Bonus
    $145,332
    Other
    $0
    Deferred
    $13,800
    Nontaxable benefits
    $36,539
    Filer's total
    $603,041
  • Mark Cornacchio

    STRATEGIC ADVISOR

    Total calculated
    $323,059
    From this org
    $306,813
    From related orgs
    $0
    Other
    $16,246
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $306,813
    Bonus
    $0
    Other
    $0
    Deferred
    $6,923
    Nontaxable benefits
    $9,323
    Filer's total
    $323,059
  • Heather Gates

    SVP, CHIEF LENDING OFFICER

    Total calculated
    $361,186
    From this org
    $299,863
    From related orgs
    $0
    Other
    $61,323
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,038
    Bonus
    $63,825
    Other
    $0
    Deferred
    $9,368
    Nontaxable benefits
    $51,955
    Filer's total
    $361,186
  • Vincent Angelillo

    SVP SALES & MARKETING, CHIEF EXPERIENCE OFFICER

    Total calculated
    $317,678
    From this org
    $293,150
    From related orgs
    $0
    Other
    $24,528
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $234,806
    Bonus
    $58,344
    Other
    $0
    Deferred
    $9,392
    Nontaxable benefits
    $15,136
    Filer's total
    $317,678
  • Craig Knell

    SVP, CHIEF FINANCIAL OFFICER

    Total calculated
    $303,353
    From this org
    $278,382
    From related orgs
    $0
    Other
    $24,971
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,158
    Bonus
    $55,224
    Other
    $0
    Deferred
    $8,926
    Nontaxable benefits
    $16,045
    Filer's total
    $303,353
  • Robin Del Vecchio

    SVP TECHNOLOGY & OPERATIONS

    Total calculated
    $327,642
    From this org
    $266,750
    From related orgs
    $0
    Other
    $60,892
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $205,250
    Bonus
    $61,500
    Other
    $0
    Deferred
    $8,210
    Nontaxable benefits
    $52,682
    Filer's total
    $327,642
  • Kenneth Lawless

    DIRECTOR, INFORMATION TECHNOLOGY SERVICES

    Total calculated
    $216,968
    From this org
    $194,522
    From related orgs
    $0
    Other
    $22,446
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,168
    Bonus
    $18,354
    Other
    $0
    Deferred
    $7,047
    Nontaxable benefits
    $15,399
    Filer's total
    $216,968
  • Kyle Christopher Dahn

    DIRECTOR OF ACCOUNTING

    Total calculated
    $173,164
    From this org
    $168,591
    From related orgs
    $0
    Other
    $4,573
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,928
    Bonus
    $20,663
    Other
    $0
    Deferred
    $4,438
    Nontaxable benefits
    $135
    Filer's total
    $173,164
  • Javier Roman

    DIRECTOR MEMBER SUCCESS

    Total calculated
    $182,743
    From this org
    $164,937
    From related orgs
    $0
    Other
    $17,806
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,902
    Bonus
    $20,035
    Other
    $0
    Deferred
    $2,878
    Nontaxable benefits
    $14,928
    Filer's total
    $182,743
  • Julie Eldridge

    DIRECTOR, PEOPLE AND CULTURE

    Total calculated
    $180,987
    From this org
    $160,386
    From related orgs
    $0
    Other
    $20,601
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,315
    Bonus
    $19,071
    Other
    $0
    Deferred
    $5,653
    Nontaxable benefits
    $14,948
    Filer's total
    $180,987
  • Shanon Peters

    DIRECTOR, ENTERPRISE RISK MANAGEMENT

    Total calculated
    $187,497
    From this org
    $146,043
    From related orgs
    $0
    Other
    $41,454
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,130
    Bonus
    $17,913
    Other
    $0
    Deferred
    $3,844
    Nontaxable benefits
    $37,610
    Filer's total
    $187,497
  • Patrick O'Neill

    INFORMATION SECURITY ANALYST

    Total calculated
    $154,315
    From this org
    $134,063
    From related orgs
    $0
    Other
    $20,252
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,113
    Bonus
    $950
    Other
    $0
    Deferred
    $5,324
    Nontaxable benefits
    $14,928
    Filer's total
    $154,315
  • Katy Little

    DIRECTOR, CONSUMER LENDING

    Total calculated
    $149,889
    From this org
    $131,331
    From related orgs
    $0
    Other
    $18,558
    Hours/week
    40
  • Danielle Jack

    DIRECTOR OF ADMINISTRATION

    Total calculated
    $146,612
    From this org
    $129,398
    From related orgs
    $0
    Other
    $17,214
    Hours/week
    40
  • Devin Obedzinski

    FINANCE DIRECTOR

    Total calculated
    $171,504
    From this org
    $123,567
    From related orgs
    $0
    Other
    $47,937
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $123,004
    Bonus
    $563
    Other
    $0
    Deferred
    $4,920
    Nontaxable benefits
    $43,017
    Filer's total
    $171,504
  • Al Festini

    STRATEGIC PARTNERSHIPS

    Total calculated
    $161,381
    From this org
    $161,381
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,381
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $161,381
  • Shane Dugan

    COMMERCIAL AND MORTGAGES

    Total calculated
    $175,786
    From this org
    $157,457
    From related orgs
    $0
    Other
    $18,329
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $134,720
    Bonus
    $22,737
    Other
    $0
    Deferred
    $5,389
    Nontaxable benefits
    $12,940
    Filer's total
    $175,786
  • Dr Luis Ramos

    CHAIR

    Total calculated
    $14,253
    From this org
    $14,253
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Wallace Abramson

    DIRECTOR EMERITUS

    Total calculated
    $7,800
    From this org
    $7,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Pj Cimini Esq

    GOVERNANCE COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Mike Petti

    VICE CHAIR

    Total calculated
    $13,467
    From this org
    $13,467
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Maria Demarco

    SUPERVISORY COMMITTEE CHAIR

    Total calculated
    $7,800
    From this org
    $7,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Mike Godbout

    TREASURER

    Total calculated
    $3,367
    From this org
    $3,367
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Beth Bunko

    SECRETARY

    Total calculated
    $1,394
    From this org
    $1,394
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $42,153,342
    Expenses
    $39,668,633
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $34,047,640
    Expenses
    $31,904,625
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $33,470,573
    Expenses
    $27,715,613
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $28,973,660
    Expenses
    $24,674,372
    Assets (EOY)
    $514,015,975
  • 2020 · 990

    Revenue
    $25,623,424
    Expenses
    $26,743,276
    Assets (EOY)
    $505,677,219
  • 2019 · 990

    Revenue
    $29,061,614
    Expenses
    $25,299,709
    Assets (EOY)
    $448,891,661
  • 2018 · 990

    Revenue
    $24,610,905
    Expenses
    $22,562,546
    Assets (EOY)
    $452,366,618

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2024 return

  • DALAND LLC

    CU CONSULTING SERVICES · CT · income $1,651,820 · assets $0

  • MOTOR VEHICLE EXPRESS LLC

    PROVIDE CT DMV SERVICES · CT · income $83,322 · assets $346,745

  • NUTMEG STATE INSURANCE BENEFITS LLC

    SALE OF INSURANCE PRODUCTS · CT · income $19,027 · assets $566,083

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.