NonprofitsFreedom Credit Union

Freedom Credit Union

SPRINGFIELD, MA

Total revenue

$37.6M

Total expenses

$35.0M

Net assets

$90.1M

Grants received

EIN

041961180

Tax year

2024

Mission

Our dynamic, sincere and helpful team provides membership value to individuals and businesses while managing a stable, community-minded financial institution

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$30.9M
Investment income$6.7M
Other revenue
Total revenue$37.6M

Expenses

Grants paid
Salaries & benefits$10.6M
Fundraising
Other expenses$24.4M
Total expenses$35.0M
Total assets$733.9M
Net assets$90.1M

People

24 listed

NameRoleCompensation

GLENN WELCH

PRESIDENT

Board

$424K

45 hrs/wk

LEE CRAIG

CHIEF FINANCIAL OFFICER

Board

$173K

45 hrs/wk

LOUIS SCUNGIO

CFO THROUGH 1/12/2024

Board

$120K

45 hrs/wk

LOUIS G GUILLETTE

DIRECTOR

Board

$5K

10 hrs/wk

DONALD C EMERSON

DIRECTOR

Board

$3K

5 hrs/wk

JOHN R REIGNER

DIRECTOR

Board

$2K

5 hrs/wk

FELIX SANTANIELLO

DIRECTOR

Board

$691

5 hrs/wk

DANIEL REIGNER

DIRECTOR

Board

5 hrs/wk

WILLIAM G O'BRIEN

DIRECTOR

Board

5 hrs/wk

WILLIAM T CAREY

CHAIRPERSON/DIRECTOR

Board

5 hrs/wk

WILLIAM FLAHERTY

TREASURER/DIRECTOR

Board

5 hrs/wk

DONALD R SENECAL

DIRECTOR

Board

5 hrs/wk

BRIAN D HARRINGTON

VICE CHAIRPERSON/DIRECTOR

Board

5 hrs/wk

LAWRENCE F BOULEY

DIRECTOR

Board

5 hrs/wk

JEFFREY SMITH

VICE PRESIDENT OF LENDING

Staff

$191K

45 hrs/wk

CHERYL PODGORSKI

VP OPERATIONS

Staff

$178K

45 hrs/wk

GINA NOBLIT

DIRECTOR OF HUMAN RESOURCE

Staff

$173K

45 hrs/wk

DAVID CHASE

VICE PRESIDENT OF BUSINESS

Staff

$173K

45 hrs/wk

KARA HERMAN

VICE PRESIDENT OF RETAIL A

Staff

$169K

45 hrs/wk

ALLEN REED

INFORMATION SECURITY OFFIC

Staff

$137K

45 hrs/wk

JOHN SANTANIELLO

ASSISTANT VICE PRESIDENT

Staff

$135K

45 hrs/wk

CHARLENE SMOLKOWICZ

MANAGER

Staff

$117K

45 hrs/wk

JOANNE PAGE

MANAGER

Staff

$115K

45 hrs/wk

JACK VADNAIS

DIRECTOR OF FINANCIAL PLA

Staff

$112K

45 hrs/wk

Details

EIN041961180
Subsection14
Ruling date1934-09
Formed1922
Employees156
Volunteers11
FREEDOM CREDIT UNION — Mission, Financials & Grants Received | Grantivo