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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Alden Credit Union

Alden Credit Union

Fiscal year ending 2024. Filed on November 13, 2025.

710 Grattan Street
Chicopee, Massachusetts 01020

Alden Credit Union (EIN: 04-1020315) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Alden Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 6 out of 32 total employees. Among the employees shown here, the average compensation is $135,459. The highest compensated employee at Alden Credit Union is Adam Corcoran with fiscal year 2024 compensation of $317,555.

Revenue, expenses, and employee compensation

Revenue

$8,583,013

Expenses

$8,347,407

Employee compensation

$1,726,858
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Adam Corcoran
President and Chief Executive Officer
$317,555
$265,667 No related comp$51,888
Jennifer Alves Faustino
Senior Vice President Deposit Operations/Bs
$151,491
$120,511 No related comp$30,980
Kimberly Seaver
Senior Vice President, Lending
$142,873
$123,880 No related comp$18,993
Sara Barnes
Vice President of Servicing and Finance
$102,361
$86,006 No related comp$16,355
Nancy Duffy
Director of Mortgage Operations
$70,202
$62,802 No related comp$7,400
Laurie J Rollins
Former Chief Financial Officer
$28,272
$28,272 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Benjamin Sabbs
Director
Glenn Beauregard
Second Vice Chair
Jay Hambley
First Vice Chair
Karen Kirby
Director
Kevin Garvin
Clerk
Marc Dugre
Chair
Michael Labrie
Director
Neal Quensnel
Director
Rob Desormier
Director
William Ezedine
Director

Contractors

Cocc
Data Processing
$516,860

Mission Statement

MUTUAL CREDIT UNION THAT PROVIDES FINANCIAL SERVICES, PRIMARY DEPOSIT ACCOUNTS AND LOANS TO MEMBERS IN THE HAMPDEN AND HAMPSHIRE COUNTIES OF MASSACHUSETTS.

Revisions to this organization profile

November 13, 2025:
2024 Alden Credit Union 990 filed
November 12, 2024:
2023 Alden Credit Union 990 filed
October 31, 2023:
2022 Alden Credit Union 990 filed

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