Mission
TO CREATE MULTI-GENERATIONAL PROSPERITY BY PROVIDING INCLUSIVE AND EQUITABLE ACCESS TO FINANCIAL PRODUCTS, SERVICES AND EDUCATION.
Executive compensation, broken down
Form 990 · Schedule J · 25 reported individuals · Filing year 2024
Chief Executive Officer
$1.1M
$1.2M
- Base
- $528k
- Bonus
- $257k
- Other
- $255k
- Benefits
- $36k
President, Chief Operating Officer
$603k
$651k
- Base
- $407k
- Bonus
- $145k
- Other
- —
- Benefits
- $37k
Svp, Chief Lending Officer
senior vice president
$361k
$390k
- Base
- $236k
- Bonus
- $64k
- Other
- —
- Benefits
- $52k
SVP Technology & Operations
senior vice president
$328k
$354k
- Base
- $205k
- Bonus
- $62k
- Other
- —
- Benefits
- $53k
Strategic Advisor
officer (unspecified)
$323k
$349k
- Base
- $307k
- Bonus
- —
- Other
- —
- Benefits
- $9k
SVP Sales & Marketing, Chief Experience Officer
senior vice president
$318k
$343k
- Base
- $235k
- Bonus
- $58k
- Other
- —
- Benefits
- $15k
Svp, Chief Financial Officer
$303k
$328k
- Base
- $223k
- Bonus
- $55k
- Other
- —
- Benefits
- $16k
Director, Information Technology Services
chief information officer
$217k
$234k
- Base
- $176k
- Bonus
- $18k
- Other
- —
- Benefits
- $15k
Director, Enterprise Risk Management
highest compensated employee
$187k
$202k
- Base
- $128k
- Bonus
- $18k
- Other
- —
- Benefits
- $38k
Director Member Success
key employee
$183k
$197k
- Base
- $145k
- Bonus
- $20k
- Other
- —
- Benefits
- $15k
Director, People and Culture
key employee
$181k
$195k
- Base
- $141k
- Bonus
- $19k
- Other
- —
- Benefits
- $15k
Commercial and Mortgages
key employee
$176k
$190k
- Base
- $135k
- Bonus
- $23k
- Other
- —
- Benefits
- $13k
Director of Accounting
key employee
$173k
$187k
- Base
- $148k
- Bonus
- $21k
- Other
- —
- Benefits
- $135
Finance Director
$172k
$185k
- Base
- $123k
- Bonus
- $563
- Other
- —
- Benefits
- $43k
Strategic Partnerships
officer (unspecified)
$161k
$174k
- Base
- $161k
- Bonus
- —
- Other
- —
- Benefits
- —
Information Security Analyst
highest compensated employee
$154k
$167k
- Base
- $133k
- Bonus
- $950
- Other
- —
- Benefits
- $15k
Director, Consumer Lending
highest compensated employee
$150k
$162k
Director of Administration
highest compensated employee
$147k
$158k
Chair
board chair
$14k
$15k
Vice Chair
board vice chair
$13k
$15k
Supervisory Committee Chair
board chair
$8k
$8k
Director Emeritus
board member
$8k
$8k
2gen Committee Chair
board chair
$5k
$6k
Treasurer
board treasurer
$3k
$4k
Secretary
board secretary
$1k
$2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chief Executive Officer | $528k | $257k | $255k | $36k | $1.1M $1.2M |
President, Chief Operating Officer | $407k | $145k | — | $37k | $603k $651k |
Svp, Chief Lending Officer senior vice president | $236k | $64k | — | $52k | $361k $390k |
SVP Technology & Operations senior vice president | $205k | $62k | — | $53k | $328k $354k |
Strategic Advisor officer (unspecified) | $307k | — | — | $9k | $323k $349k |
SVP Sales & Marketing, Chief Experience Officer senior vice president | $235k | $58k | — | $15k | $318k $343k |
Svp, Chief Financial Officer | $223k | $55k | — | $16k | $303k $328k |
Director, Information Technology Services chief information officer | $176k | $18k | — | $15k | $217k $234k |
Director, Enterprise Risk Management highest compensated employee | $128k | $18k | — | $38k | $187k $202k |
Director Member Success key employee | $145k | $20k | — | $15k | $183k $197k |
Director, People and Culture key employee | $141k | $19k | — | $15k | $181k $195k |
Commercial and Mortgages key employee | $135k | $23k | — | $13k | $176k $190k |
Director of Accounting key employee | $148k | $21k | — | $135 | $173k $187k |
Finance Director | $123k | $563 | — | $43k | $172k $185k |
Strategic Partnerships officer (unspecified) | $161k | — | — | — | $161k $174k |
Information Security Analyst highest compensated employee | $133k | $950 | — | $15k | $154k $167k |
Director, Consumer Lending highest compensated employee | — | — | — | — | $150k $162k |
Director of Administration highest compensated employee | — | — | — | — | $147k $158k |
Chair board chair | — | — | — | — | $14k $15k |
Vice Chair board vice chair | — | — | — | — | $13k $15k |
Supervisory Committee Chair board chair | — | — | — | — | $8k $8k |
Director Emeritus board member | — | — | — | — | $8k $8k |
2gen Committee Chair board chair | — | — | — | — | $5k $6k |
Treasurer board treasurer | — | — | — | — | $3k $4k |
Secretary board secretary | — | — | — | — | $1k $2k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 1 unpaid individual.
Up 18%
from 2023
From $922k in 2023 to $1.1M in 2024.
$922k
2023
$1.1M
2024
$922k
2023
$1.1M
2024
In today's dollarsEst.
Up 14% in real terms$1M to $1.2M
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
NUTMEG STATE FINANCIAL CREDIT UNION reported revenue and expenses across 2 filing years.
RevenueExpenses
$34M
$31.9M
2023
$42.2M
$39.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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