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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 Greenwood Credit Union Inc.

Greenwood Credit Union Inc.

Fiscal year ending 2019. Filed on November 12, 2020.

2669 Post Road
444 Westminster St
Warwick, Rhode Island 02886

Greenwood Credit Union Inc. (EIN: 05-0254228) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Greenwood Credit Union Inc., a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 5 out of 84 total employees. Among the employees shown here, the average compensation is $207,006. The highest compensated employee at Greenwood Credit Union Inc. is Frederick Reinhardt with fiscal year 2019 compensation of $346,155.

Revenue, expenses, and employee compensation

Revenue

$26,854,337

Expenses

$23,887,701

Employee compensation

$5,553,189
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Frederick Reinhardt
Chief Executive Officer
$346,155
$315,573 No related comp$30,582
Joseph Lajoie
Cfo/Sr Vice President
$225,954
$214,081 No related comp$11,873
Holly Ferrara
Vice President Retail LE
$174,518
$150,033 No related comp$24,485
Marianne Varatta
Senior Vp/Di
$150,099
$127,610 No related comp$22,489
Stephen Elias
Vice President Indirect
$138,304
$121,074 No related comp$17,230

Benchmark Employee Compensation

Non-Employee Board Members

Thomas Ahern
Chair and Director
$37,750
$37,750 No related compNo other comp
Karen Sd Grande, Esq
Secretary and Director
$23,300
$23,300 No related compNo other comp
Peter D'Orsi Jr
Treasurer and Director
$22,700
$22,700 No related compNo other comp
Kathleen Hittner, M.D.
Director
$16,400
$16,400 No related compNo other comp
John Bamford
V Chairman/D
$16,100
$16,100 No related compNo other comp
Sandra Powell
Director
$13,700
$13,700 No related compNo other comp
Philip Slocum
Director
$13,100
$13,100 No related compNo other comp
Anthony Marouchoc
Director
$4,600
$4,600 No related compNo other comp

Contractors

Nes Group Inc.
Building Planni
$5,667,494
Fiserv
$1,444,149
Blue Cross
$705,763
Sheehan's Office Interiors
Furniture/Equip
$506,135
Cyberstate
$360,822

Mission Statement

THE CREDIT UNION IS AN ASSOCIATION OWNED BY ITS MEMBER DEPOSITORS. INTEREST INCOME FROM LOANS AND INVESTMENTS ALLOW THE CREDIT UNION TO PROVIDE LOW COST FINANCIAL SERVICES TO ITS MEMBERS.

Revisions to this organization profile

November 3, 2025:
2024 Greenwood Credit Union Inc. 990 filed
October 18, 2024:
2023 Greenwood Credit Union Inc. 990 filed
November 14, 2023:
2022 Greenwood Credit Union Inc. 990 filed

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