Freedom Credit Union

Fiscal year ending 2024. Filed on July 8, 2025.

1976 Main Street
Springfield, Massachusetts 01103

Freedom Credit Union (EIN: 04-1961180) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Freedom Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 13 out of 156 total employees. Among the employees shown here, the average compensation is $199,622. The highest compensated employee at Freedom Credit Union is Glenn Welch with fiscal year 2024 compensation of $456,885.

Revenue, expenses, and employee compensation

Revenue

$37,579,493

Expenses

$35,043,719

Employee compensation

$10,623,545

Reported Compensated Employees

Glenn Welch

President

$456,885

$424,382 from orgNo related comp$32,503 other

David Chase

Vice President, Business

$229,318

$172,893 from orgNo related comp$56,425 other

Jeffrey Smith

Vice President, Lending

$222,805

$191,422 from orgNo related comp$31,383 other

Kara Herman

Vice President of Retail A

$206,952

$169,103 from orgNo related comp$37,849 other

Gina Noblit

Human Resources Director

$206,235

$172,949 from orgNo related comp$33,286 other

Cheryl Podgorski

Vice President, Operations

$195,836

$178,021 from orgNo related comp$17,815 other

Lee Craig

Chief Financial Officer

$183,402

$172,815 from orgNo related comp$10,587 other

Allen Reed

Information Security Offic

$178,877

$137,472 from orgNo related comp$41,405 other

Jack Vadnais

Director of Financial PLA

$166,303

$112,022 from orgNo related comp$54,281 other

John Santaniello

Assistant Vice President

$150,153

$135,000 from orgNo related comp$15,153 other

Charlene Smolkowicz

Manager

$137,039

$116,864 from orgNo related comp$20,175 other

Joanne Page

Manager

$136,732

$115,123 from orgNo related comp$21,609 other

Non-Employee Board Members

Louis G Guillette

Director

$5,235

$5,235 from orgNo related compNo other comp

Donald C Emerson

Director

$3,271

$3,271 from orgNo related compNo other comp

John R Reigner

Director

$1,621

$1,621 from orgNo related compNo other comp

Felix Santaniello

Director

$691

$691 from orgNo related compNo other comp

Daniel Reigner

Director

No compensation reported

Lawrence F Bouley

Director

No compensation reported

Brian D Harrington

Vice Chairperson and Director

No compensation reported

William G O'Brien

Director

No compensation reported

William T Carey

Chair and Director

No compensation reported

William Flaherty

Treasurer and Director

No compensation reported

Donald R Senecal

Director

No compensation reported

Mission Statement

OUR DYNAMIC, SINCERE AND HELPFUL TEAM PROVIDES MEMBERSHIP VALUE TO INDIVIDUALS AND BUSINESSES WHILE MANAGING A STABLE, COMMUNITY-MINDED FINANCIAL INSTITUTION.