2025-11-10T12:00:37-06:00 2024-12-31 042513210 GERALD T REILLY & COMPANY 424 ADAMS STREET MILTON MA 02186 990 2024-01-01 043414490 TREMONT CREDIT UNION TREM 7818435626 2 GRANITE AVENUE 101 MILTON MA 02186 KEVIN MADDEN CFO 7818435626 2025-11-03 1 0 GIUSEPPE FEMIA CPA P01438848 6176968900 2025-10-30 2024 2025-03-06 01:10:19Z KEVIN MADDEN 2 GRANITE AVENUE MILTON MA 02186 14269021 0 X WWW.TREMONTCU.ORG X 1952 MA STATE CHARTERED CREDIT UNION 11 9 71 9 0 0 0 0 12576258 12648639 1377674 1620382 0 0 13953932 14269021 0 0 0 0 3878438 4203951 0 0 0 10177706 10708001 14056144 14911952 -102212 -642931 261134842 260416544 239206451 238885581 21928391 21530963 STATE CHARTERED CREDIT UNION 0 0 THE CREDIT UNION PROVIDES FINANCIAL PRODUCTS SUCH AS VARIOUS TYPES OF DEPOSIT ACCOUNTS AND LOANS TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 5002 0 1 71 0 1 1 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 0 1 1 0 0 0 X GEORGE HARDIMAN TREMONT CREDIT UNION 7818435626 2 GRANITE AVE SUITE 101 MILTON MA 02186 MARTIN CONNOLLY DIRECTOR 2.00 X 0 0 0 DARRELL ELOW DIRECTOR 2.00 X 0 0 0 GEORGE HARDIMAN CEO 40.00 X X 437520 0 63448 DONALD SMITH DIRECTOR 2.00 X 0 0 0 KEVIN MULLEN CHAIR 4.00 X 16000 0 0 EDWARD KENNEDY DIRECTOR 2.00 X 0 0 0 AMY DONOVAN DIRECTOR 2.00 X 0 0 0 MICHAEL CONNOLLY DIRECTOR 2.00 X 0 0 0 DAWN MARIE DURANT DIRECTOR 2.00 X 0 0 0 JAMES NEE DIRECTOR 2.00 X 0 0 0 BRIAN GOLDEN DIRECTOR 2.00 X 0 0 0 JAMES ROY FORMER CFO 20.00 X 78878 0 7473 KEVIN MADDEN CFO 40.00 X 76144 0 1731 MICHAEL LEMELIN FORMER CLO 20.00 X 44201 0 2466 KENNETH PROVOST CONTROLLER 40.00 X 101398 0 38441 BRYAN GREENBAUM COO 40.00 X 161044 0 16443 DENNIS WALKER VP OPERATIONS 40.00 X 104158 0 62 BONNIE PIETRAGALLO VP LENDING OPERATIONS 40.00 X 129091 0 30120 1148434 0 160184 5 0 1 0 COCLIN ASSOCIATES INC PO BOX 8485 CRANSTON RI 02920 INTERNAL AUDIT 211949 MIRICK O'CONNELL 100 FRONT STREET WORCESTER MA 01608 LEGAL SERVICES 100099 2 LOAN INCOME 522100 11180349 11180349 NSF AND OD FEES 522100 731221 731221 OTHER INCOME 522100 309130 309130 MEMBER SERVICE CHARGES 522100 157333 157333 COMMISION INCOME 522100 129794 129794 140812 140812 12648639 1620382 1620382 14269021 12648639 0 1620382 1320619 2225509 -11851 373703 295971 153671 282839 952729 96429 800469 756767 384014 18979 343 4311129 278338 62008 PROVISION FOR LOAN LOSS 1552978 SERVICE FEES 640044 OTHER EXPENSES 231746 EQUIPMENT MAINTENANCE 151904 33614 14911952 1194373 701908 19094644 36196650 1131641 727119 10304345 10613475 191804347 178878744 3216429 2300819 2849354 2609667 236407 239687 26887447 23706612 5485153 5329537 1780056 1721993 261134842 260416544 2715275 2279193 26995089 24938535 209496087 211667853 239206451 238885581 X 0 0 0 0 21928391 21530963 21928391 21530963 261134842 260416544 X -642931 -12430 257933 X 0 0 0 590442 590442 0 2258912 2019225 239687 239687 MEMBERS SHARE & SAVINGS ACCOUNTS 211667853 211667853 14269021 0 14269021 0 14269021 14911952 0 14911952 0 14911952 X X 0 1 0 GEORGE HARDIMAN CEO 437520 0 0 0 0 0 36355 0 27093 0 500968 0 0 0 BRYAN GREENBAUM COO 161044 0 0 0 0 0 7676 0 8767 0 177487 0 0 0 BONNIE PIETRAGALLO VP LENDING OPERATIONS 129091 0 0 0 0 0 10799 0 19321 0 159211 0 0 0 PART I, LINE 3 THE CREDIT UNION'S BOARD OF DIRECTORS ASSIGNS THE RESPONSIBILITY OF EVALUATING THE CREDIT UNION'S CEO TO THE BOARD'S EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS COMPRISED OF INDEPENDENT DIRECTORS. THE EXECUTIVE COMMITTEE WILL PERFORM PERIODIC EVALUATIONS ALONG WITH A RECOMMENDATION FOR COMPENSATION. THE COMPENSATION LEVEL IS BASED ON A COMBINATION OF THE CEO'S PERCEIVED VALUE TO THE CREDIT UNION AND JOB PERFORMANCE. BASED ON THE EXECUTIVE COMMITTEE'S RECOMMENDATION, THE FULL BOARD APPROVES THE CEO'S COMPENSATION. PART I, LINE 4B CEO GEORGE HARDIMAN PARTICIPATES IN A SERP FUNDED BY SPLIT DOLLAR LIFE INSURANCE. GEORGE HARDIMAN CEO SERP X 9760000 10613475 0 1 1 10613475 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS CONSIST OF DEPOSITORS WITH A MINIMUM BALANCE OF $5 IN THEIR SAVINGS ACCOUNT. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION MAY ELECT ONE OR MORE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS HAVE VOTING RIGHTS OVER CERTAIN DECISIONS MADE BY THE GOVERNING BODY (BOARD OF DIRECTORS). VOTING USUALLY TAKES PLACE AT THE ANNUAL MEETING AND THEIR VOTING RIGHTS CONSIST OF ELECTION OF THE BOARD OF DIRECTORS, CORPORATE CHARTER AND BY-LAW CHANGES AND APPROVAL OF MERGERS WITH OTHER FINANCIAL INSTITUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE CREDIT UNION'S CHAIR OF THE AUDIT COMMITTEE REVIEWS THE FORM 990 ON BEHALF OF THE BOARD OF DIRECTORS PRIOR TO TAX RETURN BEING FILED. THEN A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF THE DIRECTORS SUBSEQUENT TO FILING. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: OCI FAS 158 DEFINED BENEFIT PLAN ADJUSTMENT 257,933.