Nonprofit · EIN 04-1802000
ST MARYS CREDIT UNION INC
Tax-exempt · MARLBOROUGH, MA 01752
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $48,476,952 | $44,792,250 | $3,684,702 | $1,035,992,369 | $944,494,938 | $91,497,431 |
| December 31, 2024 | 990 | $44,843,200 | $42,922,745 | $1,920,455 | $1,003,341,933 | $924,500,739 | $78,841,194 |
| December 31, 2023 | 990 | $41,055,689 | $36,815,996 | $4,239,693 | $995,833,346 | $919,174,200 | $76,659,146 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $41,823,957
- Investment income
- $5,775,653
- Net gain from sales of assets
- $1,311
- Tax-exempt bond proceeds
- $5,774,342
- Other revenue
- $877,342
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $4,382,282
- Other salaries and wages
- $6,578,583
- Salaries, compensation and benefits (total)
- $13,460,994
- Professional fundraising fees
- $0
- Legal fees
- $32,096
- Occupancy
- $1,269,095
- Travel
- $25,574
- Depreciation
- $1,117,155
Balance sheet and other
- Total assets, start of year
- $1,003,341,933
- Total assets, end of year
- $1,035,992,369
- Total liabilities, end of year
- $944,494,938
- Net assets, end of year
- $91,497,431
- Land, buildings and equipment
- $15,849,984
- Publicly traded securities
- $198,428,498
- Gross receipts
- $48,570,462
- Employees
- 161
- Volunteers
- 0
- Year formed
- 1913
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES PETKEWICH | EVP COO Officer | 40 | $339,577 | $51,755 |
| SARAH BOLTE | SVP CFO Officer | 40 | $311,571 | $18,882 |
| JOHN HENDRISKE | SVP, SENIOR LENDING OFFICE Officer | 40 | $279,395 | $48,877 |
| CHRISTOPHER COOMEY | SVP CHEIF INFORMATION OFFI Officer | 40 | $216,138 | $33,145 |
| CHRISTINE MONTEIRO | SVP RETAIL SERVICES Officer | 40 | $205,230 | $39,226 |
| ARMAND FERNANDEZ | SVP SMALL BUSINESS LENDING Officer | 40 | $177,395 | $39,296 |
| EILEEN POTTER | VP & CONTROLLER Officer | 40 | $174,516 | $37,647 |
| MELISSA EAGLES | VP REAL ESTATE LENDING Officer | 40 | $168,264 | $38,487 |
| KRISTINE CHIASSON | VP CONSUMER LENDING Officer | 40 | $144,853 | $36,302 |
| HEIDI PIERCE | VP MEMBER SOLUTIONS Officer | 40 | $138,663 | $35,782 |
| APRIL STERNDALE | VP COMPLIANCE Officer | 40 | $146,503 | $26,808 |
| STEPHEN SHAMBO | IT SOLUTIONS LEAD Highest-paid employee | 40 | $133,237 | $35,269 |
| GRACE LEE | PRESIDENT & CEO Officer | 40 | $167,054 | $378 |
| BRYAN MOORE | VP COMMERCIAL LOAN OFFICER Officer | 40 | $154,375 | $12,780 |
| SCOTT KURPOSKA | DIRECTORS OF FACILITIES Highest-paid employee | 40 | $130,025 | $34,971 |
19 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ERIN MCNALLY | HUMAN RESOURCES MANAGER Highest-paid employee | 40 | $128,897 | $34,548 |
| DEBORAH DEVRIES | VP BUSINESS DEVELOPMENT Officer | 40 | $136,061 | $26,938 |
| HELENA RAMNER-BROWN | EXECUTIVE ASSISTANT Highest-paid employee | 40 | $138,475 | $19,937 |
| KAREN MITCHELL | MORTGAGE ORIGINATOR Highest-paid employee | 40 | $125,324 | $29,516 |
| WILLIAM YAGER | VP INDIRECT LENDING Officer | 40 | $115,915 | $33,608 |
| MARIA PENNIMAN | VP BRANCH MANAGER Officer | 40 | $112,878 | $33,306 |
| LEONARD SILVA | SVP CHIEF BDO/SR. CREDIT OFF Officer | 40 | $24,231 | $0 |
| BRIAN BOUVIER | DIRECTOR Trustee or director | 5 | $8,321 | $0 |
| GERARD P RICHER | CHAIRMAN DIRECTOR Trustee or director | 5 | $8,143 | $0 |
| KAREN GADBOIS | DIRECTOR Trustee or director | 5 | $7,746 | $0 |
| SANDRA FARRELL | DIRECTOR Trustee or director | 5 | $6,835 | $0 |
| RICHARD P VALARIOTI | DIRECTOR Trustee or director | 5 | $5,762 | $0 |
| PHILIPPE BOUVIER | DIRECTOR Trustee or director | 5 | $3,102 | $0 |
| DAVID BRUMBY | DIRECTOR Trustee or director | 5 | $1,963 | $0 |
| THOMAS H WELLEN | DIRECTOR Trustee or director | 5 | $1,881 | $0 |
| JOSEPH BANE | DIRECTOR Trustee or director | 5 | $1,805 | $0 |
| AARON JACKSON | DIRECTOR Trustee or director | 5 | $689 | $0 |
| THOMAS F SEYMOUR | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JAMES F TOOHEY | DIRECTOR Trustee or director | 5 | $0 | $0 |
990 for the year ended December 31, 2024: 35 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LARISSA THURSTON TERM 72024 | PRESIDENT & CEO Officer | 40 | $291,042 | $26,194 |
| JOHN HENDRISKE | SVP, SENIOR LENDING OFFICER Officer | 40 | $264,215 | $44,505 |
| JAMES PETKEWICH | INTERIM PRESIDENT/CEO Officer | 40 | $262,425 | $44,344 |
| SARAH BOLTE | CFO & SVP FINANCE Officer | 40 | $270,819 | $15,833 |
| CHRISTINE MONTEIRO | SVP RETAIL SERVICES Officer | 40 | $188,738 | $35,648 |
| ARMAND FERNANDEZ | SVP SMALL BUSINESS LENDING Officer | 40 | $158,867 | $35,024 |
| MELISSA EAGLES | VP REAL ESTATE LENDING Officer | 40 | $148,266 | $33,892 |
| EILEEN POTTER | VP & CONTROLLER Officer | 40 | $148,009 | $33,720 |
| CHRISTOPHER MANCINI TERM 42024 | SVP CTO Officer | 40 | $173,664 | $7,854 |
| HEIDI PIERCE | VP MEMBER SOLUTIONS Officer | 40 | $140,900 | $33,407 |
| KAREN MITCHELL | MORTGAGE ORIGINATOR Highest-paid employee | 40 | $139,491 | $26,402 |
| STEPHEN SHAMBO | IT SOLUTIONS LEAD Highest-paid employee | 40 | $130,922 | $32,509 |
| JOHANNA HOLAHAN TERM 82024 | SVP HR Officer | 40 | $156,728 | $0 |
| DEBORAH DEVRIES | VP BUSINESS DEVELOPMENT Officer | 40 | $136,226 | $20,074 |
| KRISTINE CHIASSON | VP CONSUMER LENDING Officer | 40 | $121,921 | $31,699 |
| WILLIAM YAGER | VP INDIRECT LENDING Officer | 40 | $116,343 | $31,197 |
| SCOTT KURPOSKA | DIRECTORS OF FACILITIES Highest-paid employee | 40 | $121,587 | $23,528 |
| SUSAN MONETTE | AVP MORTGAGE LENDING MANAGER & UNDERWRITER Highest-paid employee | 40 | $113,736 | $30,962 |
| MARIA PENNIMAN | VP BRANCH MANAGER Officer | 40 | $108,728 | $30,527 |
| RICHARD BORAX | IT NETWORK SYSTEM ADMINIST Highest-paid employee | 40 | $120,080 | $10,807 |
| CHRISTOPHER COOMEY | SVP CHEIF INFORMATION OFFICER Officer | 40 | $98,750 | $8,721 |
| BRYAN MOORE | VP COMMERCIAL LOAN OFFICER Officer | 40 | $43,269 | $1,644 |
| APRIL STERNDALE | VP COMPLIANCE Officer | 40 | $35,000 | $3,568 |
| GERARD P RICHER | CHAIRMAN DIRECTOR Trustee or director | 5 | $9,980 | $0 |
| BRIAN BOUVIER | DIRECTOR Trustee or director | 5 | $7,770 | $0 |
| KAREN GADBOIS | DIRECTOR Trustee or director | 5 | $7,745 | $0 |
| SANDRA FARRELL | DIRECTOR Trustee or director | 5 | $7,127 | $0 |
| RICHARD P VALARIOTI | DIRECTOR Trustee or director | 5 | $5,028 | $0 |
| THOMAS H WELLEN | DIRECTOR Trustee or director | 5 | $4,221 | $0 |
| PHILIPPE BOUVIER | DIRECTOR Trustee or director | 5 | $2,229 | $0 |
| DAVID BRUMBY | DIRECTOR Trustee or director | 5 | $1,839 | $0 |
| JOSEPH BANE | DIRECTOR Trustee or director | 5 | $1,603 | $0 |
| THOMAS F SEYMOUR | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JAMES F TOOHEY | DIRECTOR Trustee or director | 5 | $0 | $0 |
| KEVIN M MALLETT | DIRECTOR Trustee or director | 5 | $0 | $0 |
990 for the year ended December 31, 2023: 44 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LARISSA THURSTON | CEO Officer | 40 | $404,700 | $55,534 |
| JAMES PETKEWICH | EVP & COO Officer | 40 | $270,154 | $67,659 |
| SARAH DAY | SVP COMMERCIAL LOAN OFFICE Officer | 40 | $217,140 | $57,638 |
| JOHN HENDRISKE | SVP CONSUMER LENDING Officer | 40 | $228,829 | $45,309 |
| SARAH BOLTE | CFO Officer | 40 | $212,677 | $21,585 |
| LISA KORNACHUK | SVP MARKETING Officer | 40 | $207,900 | $25,075 |
| CHRISTINE MONTEIRO | SVP RETAIL SERVICES Officer | 40 | $159,163 | $55,940 |
| CHRISTOPHER MANCINI | SVP IT & CTO Officer | 40 | $187,249 | $19,707 |
| MELISSA EAGLES | VP REAL ESTATE LENDING Officer | 40 | $159,784 | $34,883 |
| ARMAND FERNANDEZ | SVP SMALL BUSINESS LENDING Officer | 40 | $156,600 | $34,588 |
| EILEEN POTTER | VP CONTROLLER Officer | 40 | $145,006 | $33,512 |
| STEPHEN SHAMBO | IT SOLUTIONS LEAD Officer | 40 | $132,744 | $32,396 |
| KARIN GRAY | VP COMMERICIAL LOAN OFFICER Officer | 40 | $148,000 | $8,436 |
| HEIDI PIERCE | VP MEMBER SOLUTIONS Officer | 40 | $119,999 | $31,168 |
| DEBORAH DEVRIES | VP BUSINESS DEVELOPMENT Officer | 40 | $134,490 | $14,191 |
| CYNTHIA CLARK | FORMER VP COMPLIANCE Former | 40 | $120,033 | $28,385 |
| TALIA BAZEIGIAN | VP LOAN SERVICING Officer | 40 | $113,330 | $30,526 |
| KRISTINE CHIASSON | VP CONSUMER LENDING Officer | 40 | $112,532 | $30,452 |
| WILLIAM YAGER | VP INDIRECT LENDING Officer | 40 | $110,599 | $30,252 |
| SUSAN MONETTE | AVP MORTAGE LENDING MANAGER AND UNDERWRITER Officer | 40 | $109,670 | $29,262 |
| ERIN MCNALLY | HUMAN RESOURCE MANAGER Highest-paid employee | 40 | $106,805 | $29,791 |
| GIUSEPPE VEGLIA | AVP COLLECTIONS Officer | 40 | $116,775 | $19,653 |
| PHILIPPE NASH | AVP FINANCE Officer | 40 | $119,867 | $16,025 |
| GUILLERMO CASTILLO | AVP BRANCH MANAGER Officer | 40 | $102,962 | $29,501 |
| LAWRENCE FLYNN JR | SR CONSUMER LOAN OFFICER Officer | 40 | $102,039 | $29,296 |
| LISA DUQUETTE | VP DEPOSIT OPERATIONS/ESER Officer | 40 | $100,357 | $29,463 |
| LOUIS SZEMETHY | IT SECURITY ANALYST Officer | 40 | $102,286 | $24,702 |
| HELENA RAMNER-BROWN | EXECUTIVE ASSISTANT Officer | 40 | $104,821 | $17,581 |
| MONICA MEDEIROS | INDIRECT DEALER RELATIONSHIP MANAGER Officer | 40 | $110,136 | $10,324 |
| SHERRIE LEBOEUF | FORMER SVP HUMAN RESOURCES Former | 0 | $100,899 | $13,341 |
| RICHARD BORAX | IT NETWORK SYSTEM ADMINISTRATOR Officer | 40 | $110,473 | $2,617 |
| BRIAN BOUVIER | DIRECTOR Trustee or director | 5 | $7,253 | $0 |
| KAREN GADBOIS | DIRECTOR Trustee or director | 5 | $6,942 | $0 |
| JAMES GARVEY | DIRECTOR Trustee or director | 5 | $6,812 | $0 |
| SANDRA FARRELL | DIRECTOR Trustee or director | 5 | $6,758 | $0 |
| GERARD P RICHER | CHAIRMAN DIRECTOR Trustee or director | 5 | $4,823 | $0 |
| THOMAS H WELLEN | DIRECTOR Trustee or director | 5 | $4,042 | $0 |
| PHILIPPE BOUVIER | DIRECTOR Trustee or director | 5 | $2,953 | $0 |
| DAVID BRUMBY | DIRECTOR Trustee or director | 5 | $1,901 | $0 |
| JOSEPH BANE | DIRECTOR Trustee or director | 5 | $1,672 | $0 |
| THOMAS F SEYMOUR | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JAMES F TOOHEY | DIRECTOR Trustee or director | 5 | $0 | $0 |
| RICHARD P VALARIOTI | DIRECTOR Trustee or director | 5 | $0 | $0 |
| KEVIN M MALLETT | DIRECTOR Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 46 LIZOTTE DRIVE, MARLBOROUGH, MA 01752-3061
- Principal officer (990 for 2025)
- SARAH BOLTE, 46 LIZOTTE DRIVE, MARLBOROUGH, MA 01752
- Signed the 990
- SARAH BOLTE, CFO & SVP OF FINANCE
- Phone
- (508) 490-8000
- Website
- WWW.STMARYSCU.ORG
- Return prepared by
- GT REILLY & COMPANY
Mission
TO PROVIDE OUR MEMBERS/OWNERS WITH SUPERIOR FINANCIAL PRODUCTS AND SERVICES WITH FAVORABLE PRICING DELIVERED THROUGH ATTENTIVE, CONVENIENT AND COST-EFFECTIVE DELIVERY CHANNELS WHILE MAINTAINING A STRONG AND SAFE FINANCIAL CONDITION.
Program accomplishments
- THE CREDIT UNION IS A COOPERATIVE OWNED BY ITS MEMBERS AND DEDICATED TO SERVING ITS MEMBERS WITH LOAN AND DEPOSIT & SHARES PRODUCTS.Expenses $44,792,250 · revenue $42,702,610
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-1802000
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1974
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,035,992,369
- Income (IRS master file)
- $48,570,462
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $48,476,952 | $44,792,250 | $1,035,992,369 | XML |
| 990 | December 2024 | $44,843,200 | $42,922,745 | $1,003,341,933 | XML |
| 990 | December 2023 | $41,055,689 | $36,815,996 | $995,833,346 | XML |
| 990 | December 2022 | $32,310,700 | $27,139,233 | $985,400,554 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-1802000).
Questions about ST MARYS CREDIT UNION INC
- What is the EIN of ST MARYS CREDIT UNION INC?
- The employer identification number (EIN) of ST MARYS CREDIT UNION INC is 04-1802000.
- Is ST MARYS CREDIT UNION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1974.
- Are donations to ST MARYS CREDIT UNION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ST MARYS CREDIT UNION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ST MARYS CREDIT UNION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ST MARYS CREDIT UNION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ST MARYS CREDIT UNION INC?
- The 990 for the year ended December 31, 2025 names SARAH BOLTE.
- Who are the officers and directors of ST MARYS CREDIT UNION INC?
- The 990 for the year ended December 31, 2025 lists 34 people; 32 received compensation from the organization, the highest $339,577 (JAMES PETKEWICH, EVP COO).
- How much revenue does ST MARYS CREDIT UNION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $48,476,952, expenses of $44,792,250 and total assets of $1,035,992,369 at year end.
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