NonprofitsSouthbridge Credit Union

Southbridge Credit Union

SOUTHBRIDGE, MA

Total revenue

$11.9M

Total expenses

$11.4M

Net assets

$23.8M

Grants received

EIN

042023790

Tax year

2024

Mission

Provide financial products and personalized services that will assist our members in achieving their financial goals.

Programs

2 programs

Interest paid on share accounts $2,555,582.

Safe deposit boxes rentals $69

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$10.0M
Investment income$715K
Other revenue$1.2M
Total revenue$11.9M

Expenses

Grants paid$115K
Salaries & benefits$3.6M
Fundraising
Other expenses$7.8M
Total expenses$11.4M
Total assets$222.5M
Net assets$23.8M

People

18 listed

NameRoleCompensation

Katherine R Theodoss

President/CEO

Board

$270K

40 hrs/wk

Jeffrey Canniff

CFO/Treasurer

Board

$199K

40 hrs/wk

Phil Cyr

Chairperson of the Board

Board

$11K

4 hrs/wk

John A Lafleche

Director (Resigned 11/2024)

Board

$1K

3 hrs/wk

Amy Howard

Director

Board

2 hrs/wk

Rebecca Bruso

DireCTOR

Board

2 hrs/wk

Gary Fontaine

Director (as of 9/24/2024)

Board

2 hrs/wk

James Keyes

DIRECTOR

Board

40 hrs/wk

Michelle M Anderson

dIRECTOR

Board

2 hrs/wk

MADALINE I BONADEIES

Director

Board

2 hrs/wk

BENJAMIN TULLY

DiRECTOR

Board

2 hrs/wk

William Trifone

Director

Board

2 hrs/wk

Robert Caprera

DiRECTOR

Board

2 hrs/wk

Jose Dingai

DireCTOR

Board

2 hrs/wk

Karen Brousseau

SVP of Retail Operations

Staff

$129K

40 hrs/wk

Maria Garcia-Torres

SVP of Administration

Staff

$127K

40 hrs/wk

LYNN MERO

VP OF CONSUMER LENDING

Staff

$121K

40 hrs/wk

Jo-Ann Santelli

VP of Commercial Loans

Staff

$120K

40 hrs/wk

Details

EIN042023790
Subsection14
Ruling date1942-07
Formed1938
Employees56
Volunteers11
SOUTHBRIDGE CREDIT UNION — Mission, Financials & Grants Received | Grantivo