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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 2021. Filed on November 14, 2022.

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 2021 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 101 total employees. Among the employees shown here, the average compensation is $235,952. The highest compensated employee at Greenwood Credit Union Inc. is Frederick Reinhardt with fiscal year 2021 compensation of $398,747.

Revenue, expenses, and employee compensation

Revenue

$32,311,818

Expenses

$23,564,392

Employee compensation

$7,239,052
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Frederick Reinhardt
Chief Executive Officer
$398,747
$365,630 No related comp$33,117
Shannon Melchione
MTG LOAN OFF
$281,260
$268,268 No related comp$12,992
Holly Ferrara
Vice President Retail LE
$228,005
$200,233 No related comp$27,772
Marianne Varatta
Senior Vp/Di
$198,194
$174,238 No related comp$23,956
Jennifer Lafrance
Chief Operating Officer
$168,184
$143,540 No related comp$24,644
Andy Brown
Chief Financial Officer
$141,319
$132,812 No related comp$8,507

Benchmark Employee Compensation

Non-Employee Board Members

Thomas Ahern
Chair and Director
$37,500
$37,500 No related compNo other comp
Karen Sd Grande, Esq
V Chairman/D
$25,200
$25,200 No related compNo other comp
Sandra Powell
Director
$22,800
$22,800 No related compNo other comp
Philip Slocum
Director
$22,200
$22,200 No related compNo other comp
Brian mc Gurik
Director
$15,000
$15,000 No related compNo other comp
Michael Tikoian
Director
$14,100
$14,100 No related compNo other comp
R Nelson
Director
$13,500
$13,500 No related compNo other comp
Carrie Bridges Feliz
Director
$8,400
$8,400 No related compNo other comp

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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