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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 Fall River Municipal Credit Union

Fall River Municipal Credit Union

Fiscal year ending 2018. Filed on July 9, 2019.

333 Milliken Boulevard
Fall River, Massachusetts 02721

Fall River Municipal Credit Union (EIN: 04-1298900) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Fall River Municipal Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 4 out of 72 total employees. Among the employees shown here, the average compensation is $127,173. The highest compensated employee at Fall River Municipal Credit Union is Matthew Schondek with fiscal year 2018 compensation of $226,825.

Revenue, expenses, and employee compensation

Revenue

$8,141,486

Expenses

$7,023,354

Employee compensation

$2,791,514
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Schondek
President and Chief Executive Officer
$226,825
$221,456 No related comp$5,369
Steven D Haight
Vice President
$130,645
$130,645 No related compNo other comp
Maryellen Cordeiro
Vice President
$93,080
$87,711 No related comp$5,369
Kimberly Trahan
Vice President (Ended 8/3/18)
$58,140
$58,140 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Carl Garcia
Chair
$5,448
$5,448 No related compNo other comp
Santi Diruzza
Clerk
$5,148
$5,148 No related compNo other comp
Mildred C Shaughnessy
Treasurer
$5,148
$5,148 No related compNo other comp
Theodore J Kaegael
Director
No compensation reported
Edward Walsh
Director
No compensation reported
David M MacHado
Vice Chair
No compensation reported
Michael L Shea
Director
No compensation reported
Nero Farias
Director
No compensation reported
James MacHado
Director
No compensation reported
John Souza
Director
No compensation reported

Mission Statement

STRIVE TO PROVIDE A FULL RANGE OF QUALITY FINANCIAL SERVICES TO OUR MEMBERS, DELIVERED BY PROFESSIONAL AND MOTIVATED EMPLOYEES, WHILE MAINTAINING THE STABILITY AND SECURITY OF OUR MEMBERS AND THE CREDIT UNION.

Revisions to this organization profile

November 6, 2025:
2024 Fall River Municipal Credit Union 990 filed
November 1, 2024:
2023 Fall River Municipal Credit Union 990 filed
October 10, 2023:
2022 Fall River Municipal Credit Union 990 filed

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