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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 Freedom Credit Union

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
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Glenn Welch
President
$456,885
$424,382 No related comp$32,503
David Chase
Vice President, Business
$229,318
$172,893 No related comp$56,425
Jeffrey Smith
Vice President, Lending
$222,805
$191,422 No related comp$31,383
Kara Herman
Vice President of Retail A
$206,952
$169,103 No related comp$37,849
Gina Noblit
Human Resources Director
$206,235
$172,949 No related comp$33,286
Cheryl Podgorski
Vice President, Operations
$195,836
$178,021 No related comp$17,815
Lee Craig
Chief Financial Officer
$183,402
$172,815 No related comp$10,587
Allen Reed
Information Security Offic
$178,877
$137,472 No related comp$41,405
Jack Vadnais
Director of Financial PLA
$166,303
$112,022 No related comp$54,281
John Santaniello
Assistant Vice President
$150,153
$135,000 No related comp$15,153
Charlene Smolkowicz
Manager
$137,039
$116,864 No related comp$20,175
Joanne Page
Manager
$136,732
$115,123 No related comp$21,609

Benchmark Employee Compensation

Non-Employee Board Members

Louis G Guillette
Director
$5,235
$5,235 No related compNo other comp
Donald C Emerson
Director
$3,271
$3,271 No related compNo other comp
John R Reigner
Director
$1,621
$1,621 No related compNo other comp
Felix Santaniello
Director
$691
$691 No 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.

Revisions to this organization profile

July 8, 2025:
2024 Freedom Credit Union 990 filed
May 13, 2024:
2023 Freedom Credit Union 990 filed
November 9, 2023:
2022 Freedom Credit Union 990 filed

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