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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 People's Credit Union

People's Credit Union

Fiscal year ending 2021. Filed on May 13, 2022.

858 West Main Road
Middletown, Rhode Island 02842

People's Credit Union (EIN: 05-0198580) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2021 IRS Form 990 filing, People's Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 7 out of 141 total employees. Among the employees shown here, the average compensation is $273,927. The highest compensated employee at People's Credit Union is Sean Daly with fiscal year 2021 compensation of $513,961.

Revenue, expenses, and employee compensation

Revenue

$25,020,386

Expenses

$19,033,530

Employee compensation

$9,881,869
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sean Daly
President and Chief Executive Officer
$513,961
$497,646 No related comp$16,315
William Dewitt
Executive Vice President, Chief Marketing Officer
$275,225
$240,061 No related comp$35,164
Cormac McCarthy
Executive Vice President, Chief Lending Officer
$271,313
$234,950 No related comp$36,363
Margaret McGill
Executive Vice President and Chief Financial Officer
$247,009
$219,547 No related comp$27,462
Karen Parent
Senior Vice President HR and Talent
$211,692
$174,503 No related comp$37,189
Kari Reardon
Mortgage Loan Officer
$200,574
$183,773 No related comp$16,801
Diane Crosby
Mortgage Loan Officer
$197,714
$175,120 No related comp$22,594

Benchmark Employee Compensation

Non-Employee Board Members

Edward T Lopes Jr
Chair
$15,200
$15,200 No related compNo other comp
Christopher S Ottiano, M.D.
Vice Chair
$13,200
$13,200 No related compNo other comp
William L Douglas Jr
Treasurer
$13,200
$13,200 No related compNo other comp
Toni L McGowan
Secretary
$12,533
$12,533 No related compNo other comp
Alyson Adkins
Director
$11,200
$11,200 No related compNo other comp
Louann Lawrence
Director
$11,200
$11,200 No related compNo other comp
Thomas W Vignali, Cpa
Director
$10,800
$10,800 No related compNo other comp
Terri Marcucci Fitch
Director
$10,000
$10,000 No related compNo other comp
William P Dennis, Esq
Former Secretary
$4,267
$4,267 No related compNo other comp
David P Faucher
Former Director
$3,600
$3,600 No related compNo other comp

Contractors

Cocc
Data Processing
$1,735,009
Think Stack
Information Technology
$465,749
Arkatechture
Data and Analytics
$236,973
Customized Service Concepts LLC
ATM Equipment Sales
$209,709
Meridianlink
Loan Origination Software
$166,269

Mission Statement

The priority of People's Credit Union is to offer value added products and services for the benefit of our existing and prospective members. We are committed to providing convenient delivery of our products and services in a friendly, welcoming and responsive environment. To ensure ongoing confidence and trust, we will continue to promote our financial strength as an organization.

Revisions to this organization profile

July 9, 2024:
2023 People's Credit Union 990 filed
October 23, 2023:
2022 People's Credit Union 990 filed
May 13, 2022:
2021 People's Credit Union 990 filed

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