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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 2024. Filed on November 3, 2025.

2700 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 2024 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 93 total employees. Among the employees shown here, the average compensation is $307,037. The highest compensated employee at Greenwood Credit Union Inc. is Frederick Reinhardt with fiscal year 2024 compensation of $793,042.

Revenue, expenses, and employee compensation

Revenue

$53,648,132

Expenses

$48,715,127

Employee compensation

$9,204,399
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Frederick Reinhardt
Chief Executive Officer
$793,042
$754,024 No related comp$39,018
Andrew Brown
Chief Financial Officer
$292,742
$281,614 No related comp$11,128
Holly Ferrara
Senior Vp/Cl
$271,605
$236,348 No related comp$35,257
Jennifer Lafrance
Senior Vice President and Chief Operating Officer
$262,864
$228,182 No related comp$34,682
Theresa Brophy
Senior Vice President, Human R
$177,857
$148,095 No related comp$29,762
Marianne Varatta
Director
$44,112
$32,025 No related comp$12,087

Benchmark Employee Compensation

Non-Employee Board Members

Karen Sd Grande, Esq
Chair
$29,000
$29,000 No related compNo other comp
Sandra Powell
Board Secretary
$24,200
$24,200 No related compNo other comp
Philip Slocum
Vice Chair and Director
$23,500
$23,500 No related compNo other comp
Michael Tikoian
Board Treasurer
$18,200
$18,200 No related compNo other comp
Brian McGuirk
Director
$16,400
$16,400 No related compNo other comp
Carrie Bridges Feliz
Director
$13,900
$13,900 No related compNo other comp
Ross Nelson
Director
$12,300
$12,300 No related compNo other comp

Contractors

Fiserv
Software
$2,051,398
Blue Cross
Health Insurance
$1,135,582
Aero Mechanical Inc.
Gen Contractor
$256,724
City of Warwick
Re Taxes
$236,453
Cyberstate Resources Inc.
IT
$204,868

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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