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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 2022. Filed on October 10, 2023.

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 2022 IRS Form 990 filing, Fall River Municipal Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 3 out of 68 total employees. Among the employees shown here, the average compensation is $174,251. The highest compensated employee at Fall River Municipal Credit Union is Matthew Schondek with fiscal year 2022 compensation of $263,157.

Revenue, expenses, and employee compensation

Revenue

$7,203,621

Expenses

$6,407,076

Employee compensation

$2,512,328
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Schondek
President and Chief Executive Officer
$263,157
$263,157 No related compNo other comp
Maryellen Cordeiro
Vice President
$142,755
$142,755 No related compNo other comp
James Maloney
Vice President, Lending
$116,840
$116,840 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Carl Garcia
Chair
$5,448
$5,448 No related compNo other comp
James MacHado
Treasurer
$3,003
$3,003 No related compNo other comp
Joan Vasconcellos
Clerk
$3,003
$3,003 No related compNo other comp
Santi Diruzza
Director
$2,145
$2,145 No related compNo other comp
Mildred C Shaughnessy
Treasurer
$429
$429 No related compNo other comp
Michael L Shea
Vice Chair
No compensation reported
Christopher Carreiro
Director
No compensation reported
Scot O'Brien
Director
No compensation reported
Janice Carrigg
Director
No compensation reported
David M MacHado
Director
No compensation reported
Renee Howayeck
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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