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FINEX CREDIT UNION

EIN 06-0659505 EAST HARTFORD, CT

Browse the largest nonprofits in Connecticut

Revenue 2024
$11,459,156
Expenses 2024
$11,934,612

As filed

Subsection
14
Classification
1000
Street
616 BURNSIDE AVE

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 PROVIDE LOW COST FINANCIAL SERVICES TO THE CREDIT UNION OWNER DEPOSITORS.

Activities or mission (Part I)

FINANCIAL SERVICES

  • MAINTENANCE OF MEMBERS' DEPOSIT ACCOUNTS, AND PAYMENT OF INTEREST AND DIVIDENDS.

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.

  • Anthony Homicki

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • Peter Lupi

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • Steven Bafundo

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Gina Doran

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Joyce Reynolds

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Guy Labella

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Flanagan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shawna Woodberry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Francis Michael Guerrera III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Falcone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Ferraro

    CHIEF OPERATING OFFICER

    Total calculated
    $273,949
    From this org
    $262,063
    From related orgs
    $0
    Other
    $11,886
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,600
    Bonus
    $62,463
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $11,886
    Filer's total
    $273,949
  • Michael Palladino

    PRESIDENT/CEO

    Total calculated
    $346,465
    From this org
    $344,116
    From related orgs
    $0
    Other
    $2,349
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $246,324
    Bonus
    $97,792
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $2,349
    Filer's total
    $346,465
  • Susan Brown

    CHIEF FINANCIAL OFFICER

    Total calculated
    $149,935
    From this org
    $140,300
    From related orgs
    $0
    Other
    $9,635
    Hours/week
    40
  • Kristina Ziegler

    VP, SALES & OPERATIONS

    Total calculated
    $248,956
    From this org
    $232,052
    From related orgs
    $0
    Other
    $16,904
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,235
    Bonus
    $69,817
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $16,904
    Filer's total
    $248,956
  • William Weingartner

    VP TECHNOLOGY

    Total calculated
    $200,852
    From this org
    $152,643
    From related orgs
    $0
    Other
    $48,209
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $123,278
    Bonus
    $29,365
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $48,209
    Filer's total
    $200,852
  • Sunny Nariyani

    AVP DIGITAL MARKETING

    Total calculated
    $156,889
    From this org
    $132,561
    From related orgs
    $0
    Other
    $24,328
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $111,162
    Bonus
    $21,399
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $24,328
    Filer's total
    $156,889
  • Lynn Wilkins

    SENIOR ACCOUNTING MANAGER

    Total calculated
    $144,304
    From this org
    $127,712
    From related orgs
    $0
    Other
    $16,592
    Hours/week
    40
  • Mary Sullivan

    DIRECTOR BUSINESS DEVELOPMENT

    Total calculated
    $123,294
    From this org
    $111,527
    From related orgs
    $0
    Other
    $11,767
    Hours/week
    40
  • Cynthia Keller

    DIRECTOR ADMIN SERVIECS

    Total calculated
    $130,983
    From this org
    $127,942
    From related orgs
    $0
    Other
    $3,041
    Hours/week
    40
  • Josephine Gonzalez Rivera

    LENDING MANAGER

    Total calculated
    $107,260
    From this org
    $105,678
    From related orgs
    $0
    Other
    $1,582
    Hours/week
    40

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
    $11,459,156
    Expenses
    $11,934,612
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $10,167,569
    Expenses
    $12,010,475
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $7,998,878
    Expenses
    $7,767,546
    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
    $5,905,863
    Expenses
    $5,467,885
    Assets (EOY)
    $109,422,895
  • 2020 · 990

    Revenue
    $7,074,644
    Expenses
    $5,691,677
    Assets (EOY)
    $109,750,704
  • 2019 · 990

    Revenue
    $5,809,758
    Expenses
    $5,461,820
    Assets (EOY)
    $89,315,333
  • 2018 · 990

    Revenue
    $5,203,329
    Expenses
    $5,028,174
    Assets (EOY)
    $87,776,020
  • 2017 · 990

    Revenue
    $4,804,874
    Expenses
    $4,722,539
    Assets (EOY)
    $85,055,504

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

  • MORTGAGE MARKETS CUSO LLC

    MORTGAGE LENDING · CT · income $1,805,924 · assets $4,931,807

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 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.