Sikorsky Financial Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060634736 ✦ Stratford, CT ✦ Designated as a 501(c)(14)

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Overview

What is Sikorsky Financial Credit Union?

Sikorsky Financial Credit Union, located at 1000 Oronoque Lane in Stratford, Connecticut, is a member-focused financial institution with 169 employees. They offer various savings and loan programs to their members, including regular shares, daily money market accounts, early advantage accounts, Coverdale Education Savings Accounts, share draft accounts, and share certificates. The credit union prioritizes acting in the best interests of its membership, ensuring they provide beneficial financial services to enhance their members' financial well-being.


Official website here: www.sikorskyfcu.org

Is Sikorsky Financial Credit Union legitimate?

Sikorsky Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Sikorsky Financial Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $2,349,265
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,494,758

For more financial information, click here


Official website here: www.sikorskyfcu.org

What is the mission statement of Sikorsky Financial Credit Union?

Sikorsky Financial Credit Union prioritizes the well-being of its membership. Committed to acting in their best interests, the credit union provides various financial programs. These offerings include savings plans, such as regular shares, money market accounts, early advantage accounts, Coverdale Education Savings Accounts, share draft accounts, and certificates. The credit union is dedicated to helping its members save and access their funds effectively.


Official website here: www.sikorskyfcu.org

Who is the CEO of Sikorsky Financial Credit Union?

Joseph A Kubic is the Treasurer of Sikorsky Financial Credit Union. The CEO's salary of Sikorsky Financial Credit Union is $849,832 and their total compensation is $1,055,433.


Official website here: www.sikorskyfcu.org

What is the revenue of Sikorsky Financial Credit Union?

Sikorsky Financial Credit Union's revenue in 2022 was $41,268,421.


Official website here: www.sikorskyfcu.org

Who are the executives of Sikorsky Financial Credit Union and what are their salaries?

The average compensation at Sikorsky Financial Credit Union during 2022 was $64,166. There are 169 employees and 11 volunteers at Sikorsky Financial Credit Union.


Here are 38 key members and their salaries (Sikorsky Financial Credit Union's CEO's salary is $849,832 and their total compensation is $1,055,433):


Vincent Ciambriello Jr (Presidentceo)
  • Compensation: $849,832
  • Related: $0
  • Other: $205,601
Charles K Hoddinott (Evpcoo)
  • Compensation: $348,497
  • Related: $0
  • Other: $56,103
Alfred S Posey (Svp Cio)
  • Compensation: $315,426
  • Related: $0
  • Other: $52,017
Kenneth S Ferrari (Svp Chief Lending Officer)
  • Compensation: $293,450
  • Related: $0
  • Other: $52,407
Benjamin W Citrin (Svpcfo)
  • Compensation: $288,761
  • Related: $0
  • Other: $56,833
Ann Marie Gillick (Svpchief Hr Officer)
  • Compensation: $253,299
  • Related: $0
  • Other: $50,781
Joseph P Nuzzo (Vp Bus Lending)
  • Compensation: $191,121
  • Related: $0
  • Other: $27,814
Lee A Stater (Home Loan Sales Mgr)
  • Compensation: $176,826
  • Related: $0
  • Other: $31,029
Terry Ballweber (It Admin)
  • Compensation: $139,727
  • Related: $0
  • Other: $26,987
Jenna Bartley (Bus Analytics & Pim)
  • Compensation: $129,293
  • Related: $0
  • Other: $27,161
Diana E Pfeiffer (Vp Loan Servicing & Collectio)
  • Compensation: $151,854
  • Related: $0
  • Other: $4,504
Timothy C Cahill (Home Loan Consultant)
  • Compensation: $122,838
  • Related: $0
  • Other: $30,466
Ann Marie Marreiros (Vp Deposit Operations)
  • Compensation: $144,373
  • Related: $0
  • Other: $6,585
Alison M Ignatowski (Home Loan Consultant)
  • Compensation: $122,935
  • Related: $0
  • Other: $23,381
Frances A Stanulonis (Mtg Operatons Mgr)
  • Compensation: $122,918
  • Related: $0
  • Other: $21,071
Arlene Willis (Bsa Officer)
  • Compensation: $117,093
  • Related: $0
  • Other: $13,052
Nicole M Corriveau (It Infastructure Mgr)
  • Compensation: $116,354
  • Related: $0
  • Other: $12,065
Zachary Hasselbarth (Concumer Lending Mgr)
  • Compensation: $107,601
  • Related: $0
  • Other: $14,340
Fritizie Pascual (Bus Lending Op Mgr)
  • Compensation: $109,993
  • Related: $0
  • Other: $9,751
Sally A Pendleton (Sr Mtg Underwriter)
  • Compensation: $102,991
  • Related: $0
  • Other: $12,548
Lucia Panico (Vp Of Retail Banking)
  • Compensation: $105,398
  • Related: $0
  • Other: $9,463
Kristina Wendell (Marketing Mgr)
  • Compensation: $106,101
  • Related: $0
  • Other: $2,227
William W Boian (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lydia Krohelski (Sup Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
William F Schlenk Jr (Chairperson Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fabienne Desravines (Sup Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol E Navarro (2Nd Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph A Kubic (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey R Herald (Sup Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra L Posca (Chairperson Sup Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Pawlowski (Chairperson Of Tech Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Aurelia (Sup Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Laczkoski (Sec Sup Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Prusaczyk (1St Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert J David (Chairperson Of Finance & Ente)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Kollet (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen M Fino (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth H Dorney (Chairperson Of Strategic Plan)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sikorskyfcu.org

Where can I find the form 990 for Sikorsky Financial Credit Union?

Sikorsky Financial Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sikorskyfcu.org

Learn more at the official website: www.sikorskyfcu.org

Mission Statement of Sikorsky Financial Credit Union

Sikorsky Financial Credit Union, a member-focused financial institution, is dedicated to putting the interests of its membership first. The credit union offers various savings and loan programs designed to meet the financial needs of its members.

One of the primary offerings of Sikorsky Financial Credit Union is its share savings programs. These include traditional share accounts, daily money market accounts, early advantage accounts, Coverdale Education Savings Accounts, share draft accounts, and share certificates. By providing such a diverse range of savings options, the credit union aims to help its members effectively save and grow their money.

Sikorsky Financial Credit Union's unwavering commitment to its members is reflected in its mission. The institution's team works diligently to ensure that each member receives the best possible financial services, tailored to their unique circumstances. By focusing on the needs of its members, Sikorsky Financial Credit Union sets itself apart as a trusted and reliable financial partner.

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Impact




October, 2024

Sikorsky Financial Credit Union (SFCU) significantly impacts its members by providing a range of financial services tailored to meet their needs. With a commitment to acting in the best interest of its membership, SFCU offers various savings and loan programs that help members achieve their financial goals. Their offerings include regular share accounts, daily money market accounts, early advantage accounts, Coverdale Education Savings Accounts, share draft accounts, and share certificates. By facilitating access to these financial products, SFCU enhances the financial literacy and well-being of individuals and families in Stratford, CT, ultimately contributing positively to the local community.




This information is meant to be a general summary of Sikorsky Financial Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$41,268,421 (2022)
Expenses
$29,611,028 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,391,738
  • Program Service Revenue: $28,242,151
  • Gross Receipts: $41,268,421

Assets and Liabilities:

  • Total Assets: $1,128,876,808
  • Total Liabilities: $1,010,478,412
  • Net Assets: $118,398,396

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS

Revenue

$24,699,539

FEES AND CHARGES

Revenue

$3,542,612

Organization Details

Founding Year

1948

Principal Officer

Joseph A Kubic

Main Address

1000 ORONOQUE LANE, STRATFORD, CT, 06614

NTEE Category

Code: W60 - Public benefit

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