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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 Arrha Credit Union

Arrha Credit Union

Fiscal year ending 2021. Filed on March 9, 2022.

145 Industry Avenue
Springfield, Massachusetts 01104

Arrha Credit Union (EIN: 04-1859690) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2021 IRS Form 990 filing, Arrha Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 6 out of 34 total employees. Among the employees shown here, the average compensation is $164,580. The highest compensated employee at Arrha Credit Union is Michael Ostrowski with fiscal year 2021 compensation of $260,910.

Revenue, expenses, and employee compensation

Revenue

$5,800,090

Expenses

$4,891,198

Employee compensation

$2,226,329
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Ostrowski
President and Chief Executive Officer
$260,910
$231,260 No related comp$29,650
Robert Ciraco
Vice President, Lending
$165,560
$136,187 No related comp$29,373
Michael Kelley
Mortgage Originator
$153,643
$127,728 No related comp$25,915
Alison Harland
Vice President, Operations
$148,058
$127,990 No related comp$20,068
Anthony Franco
Vice President, Commercial Lending
$133,621
$115,178 No related comp$18,443
Lucas Manzi
Chief Financial Officer
$125,686
$107,679 No related comp$18,007

Benchmark Employee Compensation

Non-Employee Board Members

Christopher Thompson
Vice Chair
Cort Duda
Director
Dhaval Patel
Director
Jodi Turati
Director
Justin Hurst
Secretary
Peter Lappin
Director
Robert Mazur
Assistant Treasurer
Todd Cieplinski
Chair

Mission Statement

ASSIST OUR MEMBERS IN REACHING THEIR FINANCIAL GOALS BY PROVIDING SUPERIOR PRODUCTS AND SERVICES IN A PERSONALIZED MANNER.

Revisions to this organization profile

March 6, 2025:
2024 Arrha Credit Union 990 filed
February 22, 2024:
2023 Arrha Credit Union 990 filed
April 1, 2023:
2022 Arrha Credit Union 990 filed

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