2026-08-19T20:51:14-05:00 2025-12-31 994260840 DOEREN MAYHEW 8785 SW 165TH AVE STE 303 MIAMI FL 33193 990 2025-01-01 060634736 SIKORSKY FINANCIAL CREDIT UNION SIKO 2033772252 1000 ORONOQUE LANE STRATFORD CT 06614 BENJAMIN W CITRIN SVP FINANCE/CFO 2033857311 2026-08-15 AUBREY CLEGG P01076395 3052328272 2025 2025-03-06 01:10:19Z VINCENT CIAMBRIELLO JR 1000 ORONOQUE LANE STRATFORD CT 06614 95871823 0 X WWW.SIKORSKYFCU.ORG X 1948 CT SIKORSKY FINANCIAL CREDIT UNION IS COMMITTED TO ACT IN THE BEST INTEREST OF ITS MEMBERSHIP. 11 11 160 15 76027 0 0 0 53204740 59273522 11435957 13810921 0 0 64640697 73084443 52181 10500 0 0 16368391 17059087 0 0 0 35531597 36083633 51952169 53153220 12688528 19931223 1305923917 1401013659 1149247088 1223586490 156676829 177427169 SIKORSKY FINANCIAL CREDIT UNION IS COMMITTED TO ACT IN THE BEST INTEREST OF ITS MEMBERSHIP. OUR MISSION IS TO MAKE A DIFFERENCE IN THE LIVES OF CONNECTICUT RESIDENTS IN FAIRFIELD, NEW HAVEN, AND HARTFORD COUNTIES. 0 0 SIKORSKY FINANCIAL CREDIT UNION OFFERS NUMEROUS DEPOSIT PROGRAMS TO ITS MEMBERS. SHARE SAVINGS INCLUDE REGULAR SHARES, DAILY MONEY MARKET, EARLY ADVANTAGE SAVINGS, KASASA SAVER, SHARE DRAFT ACCOUNTS, HEALTH SAVINGS ACCOUNTS, COVERDELL EDUCATION SAVINGS, CLUB ACCOUNTS AND SHARE CERTIFICATES. SIKORSKY FINANCIAL CREDIT UNION OFFERS NUMEROUS LOAN PRODUCTS TO ITS MEMBERS. THE LOAN PROGRAM INCLUDES MORTGAGES, NEW AND USED AUTO, RECREATIONAL VEHICLES, CONSUMER, AND CREDIT CARD LOANS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 50763 0 1 160 1 1 1 0 0 0 0 0 1 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X BENJAMIN W CITRIN 2033772252 1000 ORONOQUE LANE STRATFORD CT 06614 WILLIAM F SCHLENK JR BOARD CHAIRPERSON 2.50 X 1845 0 0 JAMES PRUSACZYK 2ND VICE CHAIRPERSON 2.50 X 2291 0 0 JOSEPH A KUBIC 1ST VICE CHAIRPERSON 2.50 X 1372 0 0 RICHARD KOLLET TREASURER 2.50 X 1619 0 0 ELIZABETH H DORNEY CHAIRPERSON OF STRATEGIC PLANNING 2.50 X 0 0 0 CAROL E NAVARO BOARD MEMBER 2.50 X 0 0 0 JOHN PAWLOWSKI CHAIRPERSON OF TECH COMMITTEE 2.50 X 2804 0 0 ROBERT DAVID BOARD SECRETARY 2.50 X 1968 0 0 JEFFREY LACZKOSKI CHAIRPERSON OF F.E.R.M 0.00 X 0 0 0 GEOFFREY HERALD BOARD MEMBER 2.50 X 0 0 0 LYDIA KROHELSKI SUPERVISORY COMMITTEE 2.50 X 0 0 0 FABIENNE DESRAVINES SUPERVISORY COMMITTEE 2.50 X 0 0 0 MAUREEN FINO BOARD MEMBER 2.50 X 0 0 0 PAUL AURELIA SECRETARY OF THE SUPERVISORY COMMITTEE 2.50 X 0 0 0 SANDRA L POSCA CHAIRPERSON SUPERVISORY COMMITTEE 2.50 X 0 0 0 VINCENT CIAMBRIELLO JR PRESIDENT/CEO 38.00 X 1270819 0 57516 BENJAMIN CITRIN SVP/CFO 38.00 X 490248 0 64922 CHARLES K HODDINOTT EVP/COO 38.00 X 442638 0 64797 KENNETH S FERRARI SVP/CLGO 38.00 X 419891 0 56957 ALFRED SCOTT POSEY SVP/CIO 38.00 X 408762 0 66914 ANN MARIE GILLICK SVP/CHRO 38.00 X 338437 0 50966 LEE A STATER HOME LOAN SALES MANAGER 38.00 X 224449 0 55615 JOSEPH P NUZZO VP BUSINESS LENDING 38.00 X 201777 0 63587 JENNA BARTLEY VP DIGITAL SOLUTIONS 38.00 X 155117 0 44889 LUCIA B PANICO VP RETAIL BANKING 38.00 X 164214 0 23327 ALISON M IGNATOWSKI HOME LOAN CONSULTANT 38.00 X 163101 0 44125 TIMOTHY C CAHILL HOME LOAN CONSULTANT 38.00 X 156060 0 52939 TASHIEM MAYO VP LOAN SERVICING & COLLECTIONS 38.00 X 149643 0 10106 WHITNEY TAYLOR CADETT VP MARKETING & STRATEGIC GROWTH 38.00 X 149635 0 4838 MOUKDA AFSHAR HOME LOAN CONSULTANT 38.00 X 146293 0 33657 4892983 0 695155 24 0 1 0 VELERAPSCU 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT CARD SERVICING 2212329 DIGITAL FIRST HOLDINGS PO BOX 660367 DALLAS TX 75266 ONLINE BANKING & BILLPAY 1179012 FISERV INC PO BOX 934057 ATLANTA GA 31193 COMPUTER SOFTWARE 896365 RESPONSE 85 WILLOW ST NEW HAVEN CT 06511 BRAND BUILDING AND MARKETING 857408 INSIGHT DIRECT PO BOX 731069 DALLAS TX 75373 COMPUTER HARDWARE 486730 29 INTEREST ON LOANS 522100 49730253 49730253 FEES, CHARGES & OTHER 522100 9467242 9467242 FINANCE & INSURANCE 520000 76027 76027 59273522 12540225 12540225 24058076 22787380 1270696 1270696 1270696 73084443 73008416 76027 0 X 5500 5000 4677741 8929976 498084 2019637 933649 52340 316086 449622 671805 1709403 7535943 178457 1554572 56691 18689899 1888643 164344 LOAN SERVICING 1207943 PROVISION FOR LOAN LOSS 689050 FRAUD LOSSES 554135 MISCELLANEOUS EXPENSES 202033 162667 53153220 4143199 3869038 114544390 185202228 1945544 2682066 599400 614236 942456286 1019637903 1427426 1509359 19076636 13735843 6584642 5340793 212671097 156304110 4574868 4538725 16977065 21315201 1305923917 1401013659 11191219 13050029 1138055869 1210536461 1149247088 1223586490 X 0 0 0 0 156676829 177427169 156676829 177427169 1305923917 1401013659 19931223 819117 0 X X 0 1 X 1 0 600000 600000 5266038 4296689 969349 5240276 2800897 2439379 7970322 6638257 1332065 5340793 MEMBER SHARES 1210536461 1210536461 X 73084443 0 73084443 0 73084443 53153220 0 53153220 0 53153220 PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) AND STATE TAX LAWS. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME DERIVED BY STATE-CHARTERED CREDIT UNIONS. GENERALLY, THESE TAXES ARE INSIGNIFICANT TO THE CREDIT UNION. 1 ANSONIA HIGH SCHOOL 20 PULASKI HWY ANSONIA CT 06401 066001583 5500 0 CHARITABLE CONTRIBUTION 0 1 SCHOLARSHIPS 5 5000 PART I, LINE 2: THESE ARE CHARITABLE CONTRIBUTIONS OR SPONSORSHIPS, NOT GRANTS. THEREFORE, THERE IS NO SUBSEQUENT MONITORING BY THE CREDIT UNION. FORM 990, SCH I, PART III EACH YEAR, SIKORSKY CREDIT UNION AWARDS FIVE SCHOLARSHIPS TO DESERVING HIGH SCHOOL SENIORS WHO SHOW ACADEMIC PROMISE AND DEDICATION TO FURTHERING THEIR EDUCATION. THE $1,000 SCHOLARSHIP WILL ASSIST RECIPIENTS WITH TUITION, BOOKS, OR OTHER COLLEGE-RELATED EXPENSES. APPLICANTS MUST BE A MEMBER OF SIKORSKY CREDIT UNION AND SUBMIT AN ESSAY ON THE TOPIC OF MONEY MANAGEMENT. X 1 1 X X X 0 0 0 VINCENT CIAMBRIELLO JR PRESIDENT/CEO 613579 0 444662 0 212578 0 12600 0 44916 0 1328335 0 0 0 BENJAMIN CITRIN SVP/CFO 314320 0 169551 0 6377 0 8576 0 56346 0 555170 0 0 0 CHARLES K HODDINOTT EVP/COO 290590 0 148584 0 3464 0 12600 0 52197 0 507435 0 0 0 KENNETH S FERRARI SVP/CLGO 272938 0 146953 0 0 0 9817 0 47140 0 476848 0 0 0 ALFRED SCOTT POSEY SVP/CIO 257630 0 151132 0 0 0 12600 0 54314 0 475676 0 0 0 ANN MARIE GILLICK SVP/CHRO 218311 0 120126 0 0 0 10483 0 40483 0 389403 0 0 0 LEE A STATER HOME LOAN SALES MANAGER 90873 0 130329 0 3247 0 8472 0 47143 0 280064 0 0 0 JOSEPH P NUZZO VP BUSINESS LENDING 166640 0 35012 0 125 0 6971 0 56616 0 265364 0 0 0 TIMOTHY C CAHILL HOME LOAN CONSULTANT 42425 0 110402 0 3233 0 5935 0 47004 0 208999 0 0 0 ALISON M IGNATOWSKI HOME LOAN CONSULTANT 42341 0 117760 0 3000 0 6203 0 37922 0 207226 0 0 0 JENNA BARTLEY VP DIGITAL SOLUTIONS 129973 0 25144 0 0 0 3013 0 41876 0 200006 0 0 0 LUCIA B PANICO VP RETAIL BANKING 140846 0 23368 0 0 0 6080 0 17247 0 187541 0 0 0 MOUKDA AFSHAR HOME LOAN CONSULTANT 46213 0 97080 0 3000 0 5271 0 28386 0 179950 0 0 0 TASHIEM MAYO VP LOAN SERVICING & COLLECTIONS 130321 0 19200 0 122 0 5414 0 4692 0 159749 0 0 0 WHITNEY TAYLOR CADETT VP MARKETING & STRATEGIC GROWTH 149635 0 0 0 0 0 1247 0 3591 0 154473 0 0 0 GARY M HULTGREN FORMER CEO FROM MERGED CU SPLIT DOLLAR X 859702 614236 0 1 1 614236 FORM 990, SCH L, PART III THE CREDIT UNION ACQUIRED A COLLATERAL ASSIGNED SPLIT DOLLAR PLAN AS A RESULT OF ITS MERGER WITH MCKESSON FEDERAL CREDIT UNION ON OCTOBER 1, 2023. THE PLAN WAS CREATED TO PROVIDE SUPPLEMENTAL RETIREMENT BENEFITS TO GARY M. HULTGREN, THE FORMER CEO OF MCKESSON FEDERAL CREDIT UNION. ALTHOUGH THE IRS REQUIRES REPORTING IN SCHEDULE L, PART II AS A LOAN TO AN INTERESTED PARTY, THIS IS NOT AN ACTUAL LOAN. THERE IS NO TRANSFER OF FUNDS TO THE PARTICIPANT NOR AN OBLIGATION TO REPAY THE FUNDS. INSTEAD, THE CREDIT UNION RECOVERS ANY OUTLAYS, PLUS INTEREST, FROM THE UNDERLYING POLICY. THAT IS, THE CREDIT UNION DEPOSITS FUNDS DIRECTLY INTO A LIFE INSURANCE POLICY TO ENSURE REPAYMENT. AT SPECIFIED TIMES, THE PARTICIPANT MAY BORROW FUNDS FROM THE CASH SURRENDER VALUE OF THE POLICY TO SUPPLEMENT RETIREMENT INCOME. THE BORROWINGS ARE MONITORED TO ENSURE THE POLICY WILL PAY A DEATH BENEFIT AT LEAST SUFFICIENT TO COVER THE CREDIT UNION'S OUTLAYS PLUS INTEREST. ANY REMAINING DEATH BENEFITS ARE DIVIDED BETWEEN THE CREDIT UNION AND THE PARTICIPANT'S BENEFICIARIES AS AGREED UPON. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. THE CREDIT UNION'S FIELD OF MEMBERSHIP INCLUDES THOSE WHO LIVE, WORK, WORSHIP, OR VOLUNTEER IN FAIRFIELD, NEW HAVEN OR HARTFORD COUNTIES IN CONNECTICUT. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE. FORM 990, PART VI, SECTION A, LINE 7B THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS. FORM 990, PART VI, SECTION B, LINE 11B THE MANAGER OF INTERNAL AUDIT, CEO, SVP/CFO, AND SFCU BOARD WILL REVIEW THE FORM 990 PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES ARE REQUIRED ANNUALLY TO READ AND ACKNOWLEDGE POLICIES THROUGH THE ADP PORTAL. NEWLY HIRED EMPLOYEES ARE ALSO REQUIRED TO READ AND ACKNOWLEDGE POLICIES THROUGH THE ADP PORTAL. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE SETS COMPENSATION FOR THE CEO OF SFCU. THE CEO SETS COMPENSATION FOR SFCU OFFICERS AND KEY EMPLOYEES WITHIN THE CREDIT UNION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G COMPUTER SERVICE EXPENSE 595,925. ADVANCE PLANNING EXPENSE 75,880. FORM 990, PART IX, LINE 24E TRAINING EXPENSE 162,667. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.