2025-11-17T10:17:10-06:00 2024-12-31 042513210 GERALD T REILLY & COMPANY 424 ADAMS STREET MILTON MA 02186 990 2024-01-01 020272024 HOLY ROSARY CREDIT UNION HOLY 6033326840 133 BROCK STREET ROCHESTER NH 03867 BRIAN THERRIEN CFO 6033326840 2025-11-14 1 0 STEPHEN A ROLLINS CPA P01438963 6176968900 2025-11-14 2024 2025-03-06 01:10:19Z BRIAN THERRIEN 133 BROCK STREET ROCHESTER NH 03867 24414908 0 X HRCU.ORG X 1962 NH PEOPLE-FIRST, COMMUNITY-DRIVEN, FLEXIBLE SERVICE, AND DOING THINGS RIGHT. 8 8 101 20 75735 0 0 0 17848462 20584059 2767535 3830849 0 0 20615997 24414908 11500 16500 0 0 6818011 7426015 0 0 0 10783893 13147851 17613404 20590366 3002593 3824542 423821520 441131635 390954814 402637899 32866706 38493736 GUIDING OUR NEIGHBORS TO MAKE THE MOST OF THEIR MONEY, BUILDING BRIGHTER TOMORROWS FOR ALL 0 0 MAINTENANCE OF MEMBERS' SHARE, DEPOSIT, AND LOAN ACCOUNTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 9307 0 1 101 1 1 1 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 0 1 1 1 0 X BRIAN THERRIEN 6033326840 133 BROCK STREET ROCHESTER NH 03867 DANA FLANDERS CHAIRMAN 2.00 X X 0 0 0 RONALD VACHON VICE CHAIRMAN 2.00 X X 0 0 0 SUZANNE WILKINS DIRECTOR 2.00 X 0 0 0 RICHARD BRUNELLE DIRECTOR 2.00 X 0 0 0 LEONARD PINAULT DIRECTOR 2.00 X 0 0 0 ANNE BROWN TREASURER 2.00 X X 0 0 0 KATHY GORDON SECRETARY 2.00 X X 0 0 0 CLAIRE MOSES DIRECTOR 2.00 X 0 0 0 BRIAN HUGHES PRESIDENT/CEO 45.00 X 358398 0 27044 ROSEMARY SHIELDS EVP/COO 45.00 X 267562 0 23618 BRIAN THERRIEN CHIEF FINANCIAL OFFICER 45.00 X 205181 0 11034 KEN MAUSER CHIEF INFORMATION OFFICER 45.00 X 195909 0 21135 NICOLE HUNTRESS VP OF DIGITAL OPERATIONS & 45.00 X 124327 0 18895 CYNTHIA MCCORMICK SVP OF MEMBER EXPERIENCE 45.00 X 183096 0 11934 TRAVIS BISSONNETTE SVP OF LENDING 45.00 X 166075 0 37336 1500548 0 150996 7 0 1 0 603 PORTSMOUTH AVE LLC 603 PORTSMOUTH AVENUE GREENLAND NH 03840 CONTRACTOR 191295 1 LOAN INTEREST 522291 15520706 15520706 ACCOUNT FEES 900099 4763467 4763467 MISCELLANEOUS INCOME 900099 224151 224151 UBIT - NON MEMBER ATM FEES 900099 61051 61051 UBIT - INSURANCE 900099 14684 14684 20584059 3730539 3730539 100310 0 100310 100310 100310 24414908 20508324 75735 3830849 16500 1651545 4517815 111554 713880 431221 93028 144170 435393 92689 1105079 459993 125559 6075738 491651 150459 DEBIT CARD EXPENSE 1083665 LOAN SERVICING 739950 OUTSIDE SERVICES 572423 COMMUNICATIONS 415291 1162763 20590366 5343866 6358158 130747598 132712215 53734 1998 6657303 6707946 265998684 276670341 696315 654252 16949000 11158407 5435585 5790593 7139370 10244041 1749065 1992091 423821520 441131635 1637674 2280529 389317140 400357370 390954814 402637899 X 0 0 0 0 32866706 38493736 32866706 38493736 423821520 441131635 3824542 1802488 0 X X 0 1 X 1 0 0 1145803 1145803 6561891 3387384 3174507 1705075 890461 814614 7536231 6880562 655669 5790593 SHARES 99859257 BUSINESS SHARES 3710610 SHARE DRAFTS 68068332 STUDENT SHARE DRAFTS 118438 BUSINESS SHARE DRAFTS 13043121 HSA SHARE DRAFTS 1467653 CLUBS 9874111 ESCROW CLUBS 736776 IRA SHARES 5093717 MONEY MARKETS 47267656 BUSINESS MONEY MARKETS 2737585 CERTIFICATES 131955432 IRA CERTIFICATES 16424682 400357370 24414908 0 24414908 0 24414908 20590366 0 20590366 0 20590366 0 STUDENT SCHOLARSHIP 17 16500 X 0 0 X X X X 0 1 0 BRIAN HUGHES PRESIDENT/CEO 331398 0 27000 0 0 0 16738 0 10306 0 385442 0 0 0 ROSEMARY SHIELDS EVP/COO 257562 0 10000 0 0 0 13425 0 10193 0 291180 0 0 0 KEN MAUSER CHIEF INFORMATION OFFICER 173394 0 22515 0 0 0 9631 0 11504 0 217044 0 0 0 BRIAN THERRIEN CHIEF FINANCIAL OFFICER 181498 0 23683 0 0 0 9556 0 1478 0 216215 0 0 0 TRAVIS BISSONNETTE SVP OF LENDING 148370 0 17705 0 0 0 10249 0 27087 0 203411 0 0 0 CYNTHIA MCCORMICK SVP OF MEMBER EXPERIENCE 183096 0 0 0 0 0 10988 0 946 0 195030 0 0 0 PART I, LINE 1A OFFICERS BRIAN HUGHES, BRIAN THERRIEN, AND ROSEMARY SHIELDS WERE PROVIDED WITH A SERP WHICH WAS FUNDED BY LIFE INSURANCE. AS REQUIRED, CERTAIN AMOUNTS ARE INCLUDED AS TAXABLE INCOME TO THE OFFICERS. THE CREDIT UNION PROVIDES ADDITIONAL COMPENSATION TO REIMBURSE THE OFFICERS FOR THE ADDITIONAL TAX LIABILITY. THIS TAX "GROSS-UP" PAYMENT IS TREATED AS TAXABLE INCOME TO THE OFFICERS. PART I, LINE 4B OFFICERS BRIAN HUGHES, BRIAN THERRIEN, AND ROSEMARY SHIELDS WERE PROVIDED WITH A SERP WHICH WAS FUNDED BY LIFE INSURANCE. OFFICER KEN MAUSER WAS PROVIDED A 457(F) DEFERRED COMPENSATION AGREEMENT BRIAN HUGHES OFFICER SERP X 3317133 3919832 0 1 1 BRIAN THERRIEN OFFICER SERP X 1129028 1231982 0 1 1 ROSEMARY SHIELDS OFFICER SERP X 1303973 1556132 0 1 1 6707946 FORM 990, PART VI, SECTION A, LINE 6 PERSONS WHO MEET THE REQUIREMENTS OF THE ORGANIZATION'S FIELD OF MEMBERSHIP WHO HOLD AT LEAST ONE SHARE OF THE CAPITAL. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER HAS A VOTE AT THE ELECTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B ANY CHANGES TO THE INCORPORATING DOCUMENTS I.E. BYLAWS, ARE APPROVED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAS DELEGATED RESPONSIBILITY OF REVIEWING THE FORM 990 TO THE CEO AND CFO. THE FORM 990 IS MADE AVAILABLE TO ANY BOARD MEMBER WHO REQUESTS IT. FORM 990, PART VI, SECTION B, LINE 12C KEY EMPLOYEES AND VOLUNTEERS ARE REQUIRED TO DISCLOSE INFORMATION DIRECTLY TO HUMAN RESOURCES THAT COULD BE QUESTIONABLE. THE CONFLICT OF INTEREST POLICY IS REVIEWED AND APPROVED ANNUALLY AT WHICH TIME EMPLOYEES ARE REQUIRED TO READ AND ACKNOWLEDGE THEIR UNDERSTANDING. FORM 990, PART VI, SECTION B, LINE 15 THE CEO/PRESIDENT'S COMPENSATION IS PERFORMED ANNUALLY BY THE BOARD'S EXECUTIVE COMPENSATION COMMITTEE. THE COMMITTEE SUBMITS AN EMPLOYMENT CONTRACT TO THE BOARD FOR APPROVAL BASED ON JOB PERFORMANCE FACTORS AND GOALS. FORM 990, PART VI, SECTION C, LINE 19 A FINANCIAL STATEMENT SUMMARY IS POSTED IN THE LOBBY AT ALL BRANCHES. AN ANNUAL REPORT IS MADE AVAILABLE ANNUALLY TO MEMBERS ONLINE AND AT OUR ANNUAL MEETING. OTHER INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C AUDITED FINANCIALS ARE PREPARED BY AN OUTSIDE FIRM AS OF JUNE 30TH AND THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. 1962 REAL ESTATE LLC 40 WAKEFIELD STREET ROCHESTER NH 038661500 472860106 ACQUIRE, MANAGE AND OWN REAL ESTATE NH 358552 HOLY ROSARY CREDIT UNION