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HARVARD FEDERAL CREDIT UNION

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Public IRS 990 nonprofit record

HARVARD FEDERAL CREDIT UNION

EIN 04-6017806

What they do

HARVARD FEDERAL CREDIT UNION F/K/A HARVARD UNIVERSITY EMPLOYEE CREDIT UNION ASPIRES to BE A TRUSTED PARTNER IN OUR MEMBERS FINANCIAL LIVES. WE ADD VALUE to MEMBERSHIP BY OFFERING THE BEST POSSIBLE PRICE, THE HIGHEST QUALITY PERSONAL SERVICE, and SINCERE, SOUND ADVICE.THE CREDIT UNION SEEKS to BE KNOWN AS A COMMUNITY LEADER and to DEEPEN ITS LONG STANDING COMMITMENT to HOUSING ISSUES, GREEN INITIATIVES, FINANCIAL LITERACY and ACCESS to CREDIT for LOW and MODERATE INCOME BORROWERS. THE CREDIT UNION WORKS TOWARD TRANSFORMATIONAL GROWTH and CHANGE WITHOUT RELINQUISHING THE CORE VALUES WE HOLD TODAY. WE ARE A NOT-FOR-PROFIT COOPERATIVE WHICH EXISTS SOLELY for THE BEST INTEREST of OUR MEMBERS. WE VALUE INTEGRITY and RESPONSIBILITY IN ALL of OUR ACTIONS. WE STRIVE to ENHANCE OUR COMMUNITIES and CREATE SOLUTIONS for SOCIAL, ENVIRONMENTAL and ECONOMIC ISSUES.

Before you give

Should I give to this charity?

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We do not have enough spending detail

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Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$99.68spent for every $100 of revenueRevenue covered expenses this year.

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $651,070 for CRAIG LEONARD (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$24,885,772
Expenses$24,806,832
Annual surplus $78,940 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$24,885,772
Expenses$24,806,832
Grants given$531,015
Average grant$13,974
Accounting fees$53,188
People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
CRAIG LEONARDPRESIDENT & CEO · 40 hrs/week $651,070Base $556,250 · Other $94,820
THOMAS MONTILLIEVP & CHIEF EXPERIENCE OFF · 40 hrs/week $401,549Base $345,962 · Other $55,587
JOHN DEGNANSVP, OPERATIONS · 40 hrs/week $331,195Base $282,355 · Other $48,840
KATHERINE ARMSTRONGSVP, CHIEF FINANCIAL OFFICER · 40 hrs/week $313,237Base $265,133 · Other $48,104
HELEN LASKARISMORTGAGE LOAN ORIGINATOR · 40 hrs/week $241,824Base $216,059 · Other $25,765
TANYA TANAROVP, EDUCATION & CONSUMER LENDING · 40 hrs/week $222,803Base $185,115 · Other $37,688
SHARON CUMMINGSMORTGAGE LOAN ORIGINATOR · 40 hrs/week $218,098Base $191,077 · Other $27,021
JAYNE MATTHEWSMORTGAGE LOAN ORIGINATOR · 40 hrs/week $213,361Base $176,648 · Other $36,713
MICHAEL LEVINEMORTGAGE LOAN ORIGINATOR · 40 hrs/week $189,251Base $164,638 · Other $24,613

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

CRAIG LEONARDPRESIDENT & CEO

THOMAS MONTILLIEVP & CHIEF EXPERIENCE OFF

JOHN DEGNANSVP, OPERATIONS

KATHERINE ARMSTRONGSVP, CHIEF FINANCIAL OFFICER

HELEN LASKARISMORTGAGE LOAN ORIGINATOR

TANYA TANAROVP, EDUCATION & CONSUMER LENDING

SHARON CUMMINGSMORTGAGE LOAN ORIGINATOR

JAYNE MATTHEWSMORTGAGE LOAN ORIGINATOR

MICHAEL LEVINEMORTGAGE LOAN ORIGINATOR

TOM LUCEYDIRECTOR

APRIL EDRINGTONCLERK/DIRECTOR

SHAHAR ZIVDIRECTOR

MARY ANN OBRIENDIRECTOR

MARY STRAUBTREASURER/DIRECTOR

MARTY RAYDIRECTOR

KARRIE FORDVICE CHAIR/DIRECTOR

JOHN LICHTENDIRECTOR

JERRY MURPHYDIRECTOR

JASON LUKECHAIR/DIRECTOR

HARMAN KAURDIRECTOR

GONZALO SANZDIRECTOR

GEORGE WHITEDIRECTOR

DENNIS CAMPBELLDIRECTOR

DEE DEE CHENVICE CHAIR/DIRECTOR

About this charity

Location
104 MT AUBURN ST 4TH FLOOR, CAMBRIDGE, MA 02138
County
Middlesex
In care of
CRAIG E LEONARD
Primary officer
CRAIG E LEONARD, PRESIDENT & CEO

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
January 1, 2024
Return type
990
Tax preparer
WOLF & COMPANY PC
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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