Nonprofits›Fall River Municipal Employees Credit Union

Fall River Municipal Employees Credit Union

FALL RIVER, MA

Total revenue

$12.2M

Total expenses

$12.4M

Net assets

$20.6M

Grants received

—

EIN

041298900

Tax year

2024

Mission

Strive to provide a full range of quality financial services to our members, delivered by professional and motivated employees, while maintaining the stability and security of our members and the credit union.

Financials

FY 2024

Revenue

Contributions & grants—
Program service revenue$9.9M
Investment income$2.3M
Other revenue—
Total revenue$12.2M

Expenses

Grants paid$15K
Salaries & benefits$3.2M
Fundraising—
Other expenses$9.2M
Total expenses$12.4M
Total assets$297.4M
Net assets$20.6M

People

15 listed

NameRoleCompensation

Matthew Schondek

president/CEO

Board

$285K

40 hrs/wk

MARYELLEN Medeiros

EVP of Operations

Board

$171K

40 hrs/wk

James Maloney

VP lending (Ended 3/2024)

Board

$36K

40 hrs/wk

James Roy

VP of Finance (as of 9/24)

Board

$35K

40 hrs/wk

Carl Garcia

Chairman

Board

$5K

1 hrs/wk

JAMES MACHADO

TREASURER/Director

Board

$5K

0

Joan Vasconcellos

CLERK

Board

$5K

0

Russell Oagles

direcTOR

Board

—

0

Carl Sawejko

dIRECTOR

Board

—

0

Janice Santos

dIRECTOR

Board

—

0

Michael L Shea

Vice Chair

Board

—

0

Renee Howayeck

DIRECTOR

Board

—

0

Scott O'Brien

diRECTOR

Board

—

0

Janice Carrigg

dIRECTOR (Resigned 7/2024)

Board

—

0

Christopher Carreiro

dIRECTOR

Board

—

0

Details

EIN041298900
Subsection14
Ruling date0000-00
Formed1930
Employees64
Volunteers11
FALL RIVER MUNICIPAL EMPLOYEES CREDIT UNION — Mission, Financials & Grants Received | Grantivo