Vermont State Employees Credit Union

Montpelier, VT
Tax-exempt since Feb. 1987
EIN: 03-0184985

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Type of Nonprofit

Designated as a 501(c)(14) State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2022 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$47.2M (2022)

Expenses

$37.9M (2022)

Total Assets

$0 (2022)

Total Liabilities

$0 (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Revenue

$47,202,194

Expenses

$37,928,594

Net Income

$9,273,600

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$43,588,898	92.3%
Investment Income	$2,621,056	5.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$992,240	2.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,046,618	5.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$12,227,866	32.2%

Assets/Debt
Total Assets	$0
Total Liabilities	$0
Net Assets	$0

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert Miller (President/Ceo)	$470,250	$0	$57,708
Yvonne Garand (Svp Business Development)	$294,345	$0	$53,163
Richard Hommel (Svp Technology/Operations)	$289,219	$0	$48,415
Terence Field (Svp Finance)	$283,897	$0	$29,271
Valerie Beaudin (Svp Lending)	$262,160	$0	$52,417
Trevor Thorpe (Vp It Infrastructure)	$168,827	$0	$19,693
Gregory Huysmann (Director Of Business Lendi)	$167,664	$0	$38,109
Sara Pryce (Vp Business Solutions)	$163,123	$0	$19,324
Eileen Mead Belanger (Vp Human Resources)	$132,966	$0	$23,702
Jill Stowe (Vp Compliance)	$131,371	$0	$29,350
Eric Pasti (Sr. Vmware Systems Admin)	$130,839	$0	$6,060
James Larsen (Bod, Director)	$0	$0	$0
Heather Neuwirth Loveyjoy (Bod, Secretary)	$0	$0	$0
Colin Owyang (Bod, Director)	$0	$0	$0
Janet Hollnar (Bod, Treasurer)	$0	$0	$0
Spencer Newman (Bod, Chair)	$0	$0	$0
Eugene Wescott (Supervisory Committee Chai)	$0	$0	$0
William Belongia (Supervisory Committee)	$0	$0	$0
Michael Hogan (Bod, V. Chair)	$0	$0	$0
Renee Sullivan (Supervisory Committee)	$0	$0	$0
George Sales (Bod, Director)	$0	$0	$0
Julie Lineberger (Bod, Director)	$0	$0	$0
Stephanie Meunier (Bod, Director)	$0	$0	$0
Own Milne (Bod, Director)	$0	$0	$0
Carrie Simmons (Bod, Director)	$0	$0	$0

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990

Filed on Oct. 23, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$48,370,084

Expenses

$35,284,594

Net Income

$13,085,490

Net Assets

$95,315,306

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$43,664,725	90.3%
Investment Income	$1,885,151	3.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$30,664	0.1%
Net Inventory Sales	$0
Other Revenue	$2,789,544	5.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,466,011	4.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$12,059,943	34.2%

Assets/Debt
Total Assets	$1,088,463,473
Total Liabilities	$993,148,167
Net Assets	$95,315,306

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert Miller (President/Ceo)	$390,988	$0	$34,805
Richard Hommel (Svp Technology/Operations)	$246,240	$0	$28,393
Yvonne Garand (Svp Business Development)	$245,718	$0	$23,641
Terence Field (Svp Finance)	$243,743	$0	$19,096
Valerie Beaudin (Svp Lending)	$213,171	$0	$20,216
Brian Bishop (Senior Financial Advisor)	$175,320	$0	$17,775
Trevor Thorpe (Vp It Infrastructure)	$150,846	$0	$18,269
Gregory Huysmann (Director Of Business Lendi)	$143,419	$0	$10,054
Shari Delatte (Mortgage Originator)	$129,648	$0	$13,771
Eric Pasti (Sr. Vmware Systems Admin)	$121,601	$0	$19,623
James Larsen (Bod, Director)	$0	$0	$0
Heather Neuwirth Loveyjoy (Bod, Secretary)	$0	$0	$0
Norman Mcelvany (Bod, Director)	$0	$0	$0
Janet Hollnar (Bod, Treasurer)	$0	$0	$0
Spencer Newman (Bod, Chair)	$0	$0	$0
Eugene Wescott (Supervisory Committee Chai)	$0	$0	$0
Donna Heath (Supervisory Committee)	$0	$0	$0
Michael Hogan (Bod, V. Chair)	$0	$0	$0
Renee Beauchemin (Supervisory Committee)	$0	$0	$0
George Sales (Bod, Director)	$0	$0	$0
Julie Lineberger (Bod, Director)	$0	$0	$0
Stephanie Meunier (Bod, Director)	$0	$0	$0
Own Milne (Bod, Director)	$0	$0	$0
Carrie Simmons (Bod, Director)	$0	$0	$0

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990

Filed on May 16, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$45,009,787

Expenses

$38,328,313

Net Income

$6,681,474

Net Assets

$85,512,682

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$41,472,055	92.1%
Investment Income	$1,689,092	3.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$68,059
Net Inventory Sales	$0
Other Revenue	$1,916,699	4.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,425,978	3.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$11,101,224	29.0%

Assets/Debt
Total Assets	$985,091,351
Total Liabilities	$899,578,669
Net Assets	$85,512,682

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert Miller (President/Ceo)	$372,554	$0	$34,807
Terence Field (Svp Finance)	$237,141	$0	$45,019
Yvonne Garand (Svp Retail/Marketing)	$227,079	$0	$31,725
Richard Hommel (Svp Technology/Operations)	$226,999	$0	$33,873
Brian Bishop (Senior Financial Advisor)	$181,539	$0	$30,167
Valerie Beaudin (Svp Lending)	$179,709	$0	$37,072
Trevor Thorpe (Vp It Infrastructure)	$147,396	$0	$18,367
Gregory Huysmann (Director Of Business Lendi)	$132,233	$0	$14,974
Shari Delatte (Mortgage Originator)	$123,262	$0	$3,287
Eric Pasti (Sr. Vmware Systems Admin)	$121,913	$0	$9,652
James Larson (Bod, Director)	$0	$0	$0
Amy Shollenberger (Bod, Director)	$0	$0	$0
Heather Neuwirth Loveyjoy (Bod, Director)	$0	$0	$0
Norman Mcelvany (Bod, Chair)	$0	$0	$0
Ben Doyle (Bod, Director)	$0	$0	$0
Janet Hollner (Bod, Director)	$0	$0	$0
Spencer Newman (Bod, Treasurer)	$0	$0	$0
Mary Trepanier (Bod Secretary)	$0	$0	$0
Eugene Wescott (Supervisory Committee Chair)	$0	$0	$0
Donna Heath (Supervisory Committee)	$0	$0	$0
Michael Hogan (Bod, V. Chair)	$0	$0	$0
Janet Spitler (Bod, Director)	$0	$0	$0
Renee Beauchemin (Supervisory Committee)	$0	$0	$0
George Sales (Supervisory Committee)	$0	$0	$0

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990

Filed on Oct. 28, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$43,023,253

Expenses

$36,724,126

Net Income

$6,299,127

Net Assets

$77,129,694

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$39,349,914	91.5%
Investment Income	$2,207,005	5.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$6,107
Net Inventory Sales	$0
Other Revenue	$1,472,441	3.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,377,935	3.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$9,859,679	26.8%

Assets/Debt
Total Assets	$842,445,629
Total Liabilities	$765,315,935
Net Assets	$77,129,694

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert Miller (President/Ceo)	$347,548	$0	$54,836
Terence Field (Svp Finance)	$218,249	$0	$51,545
Yvonne Garand (Svp Retail/Marketing)	$210,257	$0	$46,043
Richard Hommel (Svp Technology/Operations)	$198,188	$0	$47,378
Brian Bishop (Senior Financial Advisor)	$184,400	$0	$42,655
Valerie Beaudin (Svp Lending)	$159,074	$0	$44,817
Trevor Thorpe (Vp It Infrastructure)	$144,851	$0	$23,420
Brian Bristow (Vp Financial Advisory Services)	$127,299	$0	$24,624
Eric Pasti (Sr. Vmware Systems Admin)	$122,492	$0	$16,807
Gregory Huysmann (Director Of Business Lending)	$115,177	$0	$14,587
K B Cheney (Bod, Director)	$0	$0	$0
A Shollenberger (Bod, Director)	$0	$0	$0
H Neuwirth Loveyjoy (Bod, Director)	$0	$0	$0
N Mcelvany (Bod, Chair)	$0	$0	$0
B Doyle (Bod, Director)	$0	$0	$0
J Hollner (Bod, Director)	$0	$0	$0
S Newman (Bod, Treasurer)	$0	$0	$0
M Trepanier (Bod Secretary)	$0	$0	$0
N Desrochers (Supervisory Commitee Chair)	$0	$0	$0
G Wescott (Supervisory Committee)	$0	$0	$0
D Heath (Supervisory Committee)	$0	$0	$0
M Hogan (Bod, V. Chair)	$0	$0	$0
J Spitler (Bod, Director)	$0	$0	$0
E Fox (Bod, Director)	$0	$0	$0

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990

Filed on Aug. 5, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$40,299,462

Expenses

$34,933,142

Net Income

$5,366,320

Net Assets

$69,075,228

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$36,839,712	91.4%
Investment Income	$1,953,902	4.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$87,473
Net Inventory Sales	$0
Other Revenue	$1,593,321	4.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,098,123	3.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$9,502,348	27.2%

Assets/Debt
Total Assets	$778,214,523
Total Liabilities	$709,139,295
Net Assets	$69,075,228

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert Miller (President/Ceo)	$334,401	$0	$30,676
Terence Field (Svp Finance)	$219,150	$0	$36,545
Yvonne Garand (Svp Retail/Marketing)	$210,401	$0	$38,475
Richard Hommel (Svp Technology/Operations)	$200,784	$0	$27,691
John K Phalen (Vp Portfolio Manager)	$165,239	$0	$18,366
Valerie Beaudin (Svp Lending)	$138,868	$0	$21,419
Trevor Thorpe (Vp It Infrastructure)	$132,485	$0	$14,920
Eric Pasti (Senior Vmware Systems Administrator)	$111,172	$0	$5,396
K B Cheney (Bod, Director)	$0	$0	$0
A Shollenberger (Bod, Director)	$0	$0	$0
H Neuwirth Loveyjoy (Bod, Director)	$0	$0	$0
N Mcelvany (Bod, Chair)	$0	$0	$0
B Doyle (Bod, Director)	$0	$0	$0
J Hollner (Bod, Director)	$0	$0	$0
S Newman (Bod, Treasurer)	$0	$0	$0
M Trepanier (Bod Secretary)	$0	$0	$0
N Desrochers (Supervisory Commitee Chair)	$0	$0	$0
G Wescott (Supervisory Committee)	$0	$0	$0
S Miller (Supervisory Committee)	$0	$0	$0
M Hogan (Bod, V. Chair)	$0	$0	$0
J Spitler (Bod, Director)	$0	$0	$0

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990

Filed on Aug. 5, 2020

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Fiscal Year Ending Dec.
2017

Revenue

$35,711,826

Expenses

$32,559,222

Net Income

$3,152,604

Net Assets

$64,369,864

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$33,578,294	94.0%
Investment Income	$1,169,580	3.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$44,530
Net Inventory Sales	$0
Other Revenue	$1,008,482	2.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,270,671	3.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$9,118,587	28.0%

Assets/Debt
Total Assets	$752,433,621
Total Liabilities	$688,063,757
Net Assets	$64,369,864

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert Miller (President/Ceo)	$324,034	$0	$25,532
Terence Field (Svp Finance)	$220,700	$0	$18,573
Yvonne Garand (Svp Retail/Marketing)	$210,301	$0	$20,414
Charles Karparis (Svp Lending)	$207,732	$0	$21,657
Richard Hommel (Svp Technology/Operations)	$199,989	$0	$21,739
K B Cheney (Bod, Chairperson)	$0	$0	$0
J P Rosenstreich (Bod)	$0	$0	$0
H Wright (Bod)	$0	$0	$0
N Mcelvany (Bod, Vice Chair)	$0	$0	$0
A Stickney (Bod,)	$0	$0	$0
J Hollner (Bod, Treasurer)	$0	$0	$0
B Kidder (Bod)	$0	$0	$0
M Laperle (Bod)	$0	$0	$0
M Trepanier (Bod Secretary)	$0	$0	$0
N Desrochers (Supervisory Commitee Chair)	$0	$0	$0
J Healy (Supervisory Committee)	$0	$0	$0
S Miller (Supervisory Committee)	$0	$0	$0
M Hogan (Bod)	$0	$0	$0
H Neuwrith (Bod)	$0	$0	$0

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990

Filed on Nov. 13, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$32,193,464

Expenses

$28,109,278

Net Income

$4,084,186

Net Assets

$61,512,786

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$30,223,336	93.9%
Investment Income	$1,212,655	3.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$108,365	0.3%
Net Inventory Sales	$0
Other Revenue	$649,108	2.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,210,184	4.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$8,616,450	30.7%

Assets/Debt
Total Assets	$717,392,980
Total Liabilities	$655,880,194
Net Assets	$61,512,786

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert Miller (President/Ceo)	$314,240	$0	$40,029
Terence Field (Svp Finance)	$201,762	$0	$16,944
Charles Karparis (Svp Lending)	$184,527	$0	$29,144
Yvonne Garand (Svp Marketing)	$181,967	$0	$34,669
Richard Hommel (Svp Retail)	$171,996	$0	$34,906
K B Cheney (Bod, Chairperson)	$0	$0	$0
J P Rosenstreich (Bod)	$0	$0	$0
T Macaig (Bod)	$0	$0	$0
N Mcelvany (Bod, Treasurer)	$0	$0	$0
A Stickney (Bod, Vice Chair)	$0	$0	$0
J Hollner (Bod)	$0	$0	$0
B Kidder (Bod)	$0	$0	$0
M Laperle (Bod, Secretary)	$0	$0	$0
M Trepanier (Bod)	$0	$0	$0
N Desrochers (Supervisory Commitee Chair)	$0	$0	$0
J Healy (Supervisory Committee)	$0	$0	$0
S Miller (Supervisory Committee)	$0	$0	$0
S Newman (Bod)	$0	$0	$0
M Hogan (Bod)	$0	$0	$0

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990

Filed on June 6, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$29,952,862

Expenses

$27,026,983

Net Income

$2,925,879

Net Assets

$57,521,165

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$28,186,699	94.1%
Investment Income	$1,339,822	4.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$68,786
Net Inventory Sales	$0
Other Revenue	$495,127	1.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,200,871	4.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,507,374	27.8%

Assets/Debt
Total Assets	$681,748,420
Total Liabilities	$624,227,255
Net Assets	$57,521,165

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert Miller (President/Ceo)	$300,630	$0	$22,370
Thomas Beck (Svp It)	$194,122	$0	$10,698
Charles Karparis (Svp Lending)	$148,721	$0	$18,369
Terence Field (Svp Finance)	$143,721	$0	$36,629
Richard Hommel (Svp Retail)	$138,823	$0	$18,843
Yvonne Garand (Svp Marketing)	$120,432	$0	$47,513
K B Cheney (Chairperson Bod)	$0	$0	$0
J P Rosenstreich (Bod)	$0	$0	$0
T Macaig (Bod)	$0	$0	$0
W Friihauf (V.Chairperson Bod)	$0	$0	$0
H Jarvis (Bod)	$0	$0	$0
N Mcelvany (Bod Treasurer)	$0	$0	$0
A Stickney (Bod Secretary)	$0	$0	$0
J Hollner (Bod)	$0	$0	$0
B Kidder (Bod)	$0	$0	$0
M Laperle (Bod)	$0	$0	$0
M Trepanier (Bod)	$0	$0	$0
N Desrochers (Sc Chairperson)	$0	$0	$0
J Healy (Supervisory Committee)	$0	$0	$0
S Miller (Supervisory Committee)	$0	$0	$0

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990

Filed on June 2, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$28,070,488

Expenses

$26,236,501

Net Income

$1,833,987

Net Assets

$54,379,729

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$26,260,599	93.6%
Investment Income	$1,258,990	4.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$66,212
Net Inventory Sales	$0
Other Revenue	$617,111	2.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,558,620	5.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,920,116	26.4%

Assets/Debt
Total Assets	$654,837,276
Total Liabilities	$600,457,547
Net Assets	$54,379,729

Compensation

Key Employees and Officers	Compensation	Related	Other
Steven D Post (President/Ceo)	$290,216	$0	$33,012
Robert Miller (President/Ceo)	$207,573	$0	$34,273
Thomas Beck (Svp Information Technology)	$197,917	$0	$29,143
Terence Field (Svp Finance)	$191,576	$0	$15,750
Charles D Karparis (Svp Lending)	$172,172	$0	$26,140
Yvonne M Garand (Svp Bus Development)	$158,283	$0	$30,235
Richard Hommel (Svp Retail)	$142,282	$0	$30,048
Jerome M Diamond (Director)	$0	$0	$0
Kimberly Cheney (Chairman)	$0	$0	$0
Jason Aldous (Director)	$0	$0	$0
Judy Rosenstreich (Secretary)	$0	$0	$0
Terence Macaig (Director)	$0	$0	$0
Todd Bailey (Vice Chairman)	$0	$0	$0
Janet Hollner (Director)	$0	$0	$0
Andrew Stickney (Director)	$0	$0	$0
Edward Frihauf (Director)	$0	$0	$0
Heather Jarvis (Director)	$0	$0	$0
Norman Mcelvany (Treasurer)	$0	$0	$0

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990

Filed on May 13, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$27,980,317

Expenses

$25,479,293

Net Income

$2,501,024

Net Assets

$51,748,778

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$26,372,364	94.3%
Investment Income	$1,137,943	4.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$19,765
Net Inventory Sales	$0
Other Revenue	$489,775	1.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$509,918	2.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,134,619	28.0%

Assets/Debt
Total Assets	$618,714,263
Total Liabilities	$566,965,485
Net Assets	$51,748,778

Compensation

Key Employees and Officers	Compensation	Related	Other
Steven D Post (President/Ceo)	$305,656	$0	$26,747
Thomas Beck (Svp Information Technology)	$168,586	$0	$15,384
Terence Field (Svp Finance)	$163,199	$0	$14,316
Yvonne M Garand (Svp Bus Development)	$147,470	$0	$17,125
Charles D Karparis (Svp Lending)	$143,784	$0	$15,796
Richard Hommel (Svp Retail)	$122,161	$0	$12,923
Jerome M Diamond (Chairman)	$0	$0	$0
Kimberly Cheney (Vice Chairman)	$0	$0	$0
Jason Aldous (Director)	$0	$0	$0
Judy Rosenstreich (Treasurer)	$0	$0	$0
Terence Macaig (Director)	$0	$0	$0
Todd Bailey (Secretary)	$0	$0	$0
Kate Paine (Director)	$0	$0	$0
Jana Bagwell (Director)	$0	$0	$0
Edward Frihauf (Director)	$0	$0	$0
Heather Jarvis (Director)	$0	$0	$0
Norman Mcelvany (Director)	$0	$0	$0

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990

Filed on June 19, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$28,641,748

Expenses

$25,072,775

Net Income

$3,568,973

Net Assets

$50,358,978

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$24,117,267	84.2%
Investment Income	$1,726,431	6.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,245,704	7.8%
Net Inventory Sales	$0
Other Revenue	$552,346	1.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,182,492	4.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,113,448	24.4%

Assets/Debt
Total Assets	$601,900,067
Total Liabilities	$551,541,089
Net Assets	$50,358,978

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$27,327,788

Expenses

$24,912,028

Net Income

$2,415,760

Net Assets

$46,808,111

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$23,954,106	87.7%
Investment Income	$2,046,495	7.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$951,926	3.5%
Net Inventory Sales	$0
Other Revenue	$375,261	1.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,017,285	4.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,462,179	21.9%

Assets/Debt
Total Assets	$573,474,952
Total Liabilities	$526,666,841
Net Assets	$46,808,111

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 2, 2024

Vermont State Employees Credit Union

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $47.2M (2022)

Expenses $37.9M (2022)

Total Assets $0 (2022)

Total Liabilities $0 (2022)

Tax Filings by Year

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Revenue

$47.2M (2022)

Expenses

$37.9M (2022)

Total Assets

$0 (2022)

Total Liabilities

$0 (2022)

Fiscal Year Ending Dec.
2022

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2021

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