Greenwood Credit Union
Warwick, RI · EIN 05-0254228 · Rank 8,858 by total revenue
The credit union is an association owned by its member depositors. interest income from loans and investments allow the credit union to provide low cost financial services to its members.
Money, Form 990 for tax year 2025
- Total revenue
- $55,812,855
- Total expenses
- $47,496,677
- Total assets
- $907,742,331
- Salary base (all salaries and wages)
- $7,691,697
- Salaries, other pay and benefits
- $9,970,863
- Employees
- 97
- Salary base per employee
- $79,296
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (14)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Frederick Reinhardt | CEO | Officer | 40 | $750,007 |
| Jennifer Lafrance | SVP/COO | Officer | 40 | $272,102 |
| Andrew Brown | CFO | Officer | 40 | $239,634 |
| Karen Sd Grande ESQ | CHAIRPERSON/ | Board, Officer | 5 | $36,300 |
| Philip Slocum | VICE CHAIR/D | Board, Officer | 4 | $27,300 |
| Michael Tikoian | BOARD TREASU | Board, Officer | 1 | $26,100 |
| Sandra Powell | BOARD SECRET | Board, Officer | 1 | $25,200 |
| Theresa Brophy | SVP, HUMAN R | Key employee | 40 | $203,494 |
| Paul Silva | CHIEF RISK O | Key employee | 40 | $183,783 |
| Marianne Varatta | DIRECTOR | Board | 1 | $17,503 |
| Ross Nelson | DIRECTOR | Board | 1 | $16,100 |
| Carrie Bridges Feliz | DIRECTOR | Board | 1 | $15,600 |
| Brian McGuirk | DIRECTOR | Board | 1 | $15,100 |
| Mary Sadlier | DIRECTOR | Board | 1 | $12,300 |
Top 10 paid people listed
These 10 people received $2,063,422, which is 26.8% of the $7,691,697 salary base shared by 97 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Frederick Reinhardt | CEO | Officer | 40 | $703,300 | $0 | $46,707 | $750,007 |
| Holly Ferrara | SENIOR VP/CL | Highly paid employee | 40 | $255,676 | $0 | $43,826 | $299,502 |
| Jennifer Lafrance | SVP/COO | Officer | 40 | $245,354 | $0 | $26,748 | $272,102 |
| Andrew Brown | CFO | Officer | 40 | $228,010 | $0 | $11,624 | $239,634 |
| Theresa Brophy | SVP, HUMAN R | Key employee | 40 | $165,798 | $0 | $37,696 | $203,494 |
| Paul Silva | CHIEF RISK O | Key employee | 40 | $154,714 | $0 | $29,069 | $183,783 |
| Karen Sd Grande ESQ | CHAIRPERSON/ | Board, Officer | 5 | $36,300 | $0 | $0 | $36,300 |
| Philip Slocum | VICE CHAIR/D | Board, Officer | 4 | $27,300 | $0 | $0 | $27,300 |
| Michael Tikoian | BOARD TREASU | Board, Officer | 1 | $26,100 | $0 | $0 | $26,100 |
| Sandra Powell | BOARD SECRET | Board, Officer | 1 | $25,200 | $0 | $0 | $25,200 |
Sources
- IRS e-file return 202632309349301998 (Form 990, period ending 2025-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 05-0254228
- Organization website (as filed): www.greenwoodcu.org