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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 2020. Filed on November 10, 2021.

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 2020 IRS Form 990 filing, Greenwood Credit Union Inc., a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 6 out of 87 total employees. Among the employees shown here, the average compensation is $273,801. The highest compensated employee at Greenwood Credit Union Inc. is Frederick Reinhardt with fiscal year 2020 compensation of $376,080.

Revenue, expenses, and employee compensation

Revenue

$30,056,335

Expenses

$25,830,314

Employee compensation

$6,385,341
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Frederick Reinhardt
Chief Executive Officer
$376,080
$344,700 No related comp$31,380
Shannon Melchione
MTG LOAN OFF
$326,795
$314,546 No related comp$12,249
Joseph Lajoie
Cfo/Sr Vice President
$245,514
$228,141 No related comp$17,373
Holly Ferrara
Vice President Retail LE
$222,674
$196,094 No related comp$26,580
Marianne Varatta
Senior Vp/Di
$197,941
$173,879 No related comp$24,062
Andrew Brown
Cfo/Sr. Vice President
$0

Benchmark Employee Compensation

Non-Employee Board Members

Thomas Ahern
Chair and Director
$36,600
$36,600 No related compNo other comp
Karen Sd Grande, Esq
V Chairman/D
$24,600
$24,600 No related compNo other comp
Kathleen Hittner, M.D.
Secretary and Director
$22,200
$22,200 No related compNo other comp
Philip Slocum
Director
$16,950
$16,950 No related compNo other comp
Brian mc Gurik
Director
$15,000
$15,000 No related compNo other comp
Sandra Powell
Director
$12,900
$12,900 No related compNo other comp
Peter D'Orsi Jr
Treasurer and Director
$12,450
$12,450 No related compNo other comp
R Nelson
Director
$12,000
$12,000 No related compNo other comp
Michael Tikoian
Director
$5,700
$5,700 No related compNo other comp

Contractors

Nes Group Inc.
Building Plans
$2,137,429
Fiserv Inc.
Software
$1,802,853
Blue Cross
Health Insurance
$776,290
Cyberstate
IT
$577,356
Swbc
Mortgage
$306,118

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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