Vermont State Employees Credit Union
OUR MISSION IS DEDICATED TO IMPROVING THE QUALITY OF LIVES FOR ALL VERMONTERS.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$636K
+274.2% YoY
Grant Count
10
+25.0% YoY
Avg Grant Size
$64K
+199.4% YoY
About Vermont State Employees Credit Union
Based on IRS filings
Vermont State Employees Credit Union is a nonprofit organization, based in MONTPELIER, VT. IRS filing data is available from 2020 through 2022. In 2022, it awarded 10 grants totaling $636K. Net investment income was $2.6M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $1,088,463,473 | $985,091,351 |
| Revenue | $47,202,194 | $48,370,084 | $45,009,787 |
| Expenses | $37,928,594 | $35,284,594 | $38,328,313 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,621,056 | $1,915,815 | $1,621,033 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2022
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Vsecu Foundation ($550,000), Vermont Council on Rural Development ($12,912), Prevent Child Abuse - Vermont ($12,700).
| Recipient | Purpose | Amount |
|---|---|---|
| COVER HOME REPAIR INC WHITE RIVER JUNCTION, VT | CHARITABLE CONTRIBUTION | $10,809 |
| HERITAGE FAMILY CARES 4 YOU RUTLAND, VT | CHARITABLE CONTRIBUTION | $10,000 |
| NORTHEAST ORGANIC FARMING ASSOCIATION OF VERMONT INC RICHMOND, VT | CHARITABLE CONTRIBUTION | $10,626 |
| PATHWAYS VERMONT INC WINOOSKI, VT | CHARITABLE CONTRIBUTION | $7,824 |
| PREVENT CHILD ABUSE - VERMONT MONTPELIER, VT | CHARITABLE CONTRIBUTION | $12,700 |
| VERMONT COUNCIL ON RURAL DEVELOPMENT MONTPELIER, VT | CHARITABLE CONTRIBUTION | $12,912 |
| VERMONT RECOVERY NETWORK BURLINGTON, VT | CHARITABLE CONTRIBUTION | $8,041 |
| VERMONT COMMUNITY FOUNDATION MIDDLEBURY, VT | CHARITABLE CONTRIBUTION | $7,000 |
| VSECU FOUNDATION MONTPELIER, VT | CHARITABLE CONTRIBUTION | $550,000 |
| COMMITTEE ON TEMPORARY SHELTER BURLINGTON, VT | CHAITABLE CONTRIBUTION | $6,295 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES LARSEN | BOD, DIRECTOR | 1 | — |
| HEATHER NEUWIRTH LOVEYJOY | BOD, SECRETARY | 1 | — |
| COLIN OWYANG | BOD, DIRECTOR | 1 | — |
| JANET HOLLNAR | BOD, TREASURER | 1 | — |
| SPENCER NEWMAN | BOD, CHAIR | 1 | — |
| EUGENE WESCOTT | SUPERVISORY COMMITTEE CHAI | 1 | — |
| WILLIAM BELONGIA | SUPERVISORY COMMITTEE | 1 | — |
| MICHAEL HOGAN | BOD, V. CHAIR | 1 | — |
| RENEE SULLIVAN | SUPERVISORY COMMITTEE | 1 | — |
| GEORGE SALES | BOD, DIRECTOR | 1 | — |
| JULIE LINEBERGER | BOD, DIRECTOR | 1 | — |
| STEPHANIE MEUNIER | BOD, DIRECTOR | 1 | — |
| OWN MILNE | BOD, DIRECTOR | 1 | — |
| CARRIE SIMMONS | BOD, DIRECTOR | 1 | — |
| ROBERT MILLER | PRESIDENT/CEO | 40 | $470,250 |
| TERENCE FIELD | SVP-FINANCE | 40 | $283,897 |
| YVONNE GARAND | SVP-BUSINESS DEVELOPMENT | 40 | $294,345 |
| RICHARD HOMMEL | SVP-TECHNOLOGY/OPERATIONS | 40 | $289,219 |
| VALERIE BEAUDIN | SVP-LENDING | 40 | $262,160 |
| GREGORY HUYSMANN | DIRECTOR OF BUSINESS LENDI | 40 | $167,664 |
| TREVOR THORPE | VP IT INFRASTRUCTURE | 40 | $168,827 |
| ERIC PASTI | SR. VMWARE SYSTEMS ADMIN | 40 | $130,839 |
| SARA PRYCE | VP BUSINESS SOLUTIONS | 40 | $163,123 |
| EILEEN MEAD-BELANGER | VP HUMAN RESOURCES | 40 | $132,966 |
| JILL STOWE | VP COMPLIANCE | 40 | $131,371 |
Frequently Asked Questions
Where does Vermont State Employees Credit Union operate?
Vermont State Employees Credit Union has awarded grants in Virginia, Vermont.
What size grants does Vermont State Employees Credit Union award?
In 2022, Vermont State Employees Credit Union awarded 10 grants totaling $636K — an average of about $64K per grant, based on its IRS Form 990 filings.
What is Vermont State Employees Credit Union's EIN?
Vermont State Employees Credit Union's EIN (Employer Identification Number) is 03-0184985. IRS Form 990 filing data is available on this page for 2020–2022.
Explore Open Grants
Browse active grant opportunities in Vermont State Employees Credit Union's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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