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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 Southbridge Credit Union

Southbridge Credit Union

Fiscal year ending 2016. Filed on May 1, 2017.

205 Main Street
Southbridge, Massachusetts 01550

Southbridge Credit Union (EIN: 04-2023790) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Southbridge Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 5 out of 67 total employees. Among the employees shown here, the average compensation is $152,984. The highest compensated employee at Southbridge Credit Union is Jeffrey A Davenport with fiscal year 2016 compensation of $234,379.

Revenue, expenses, and employee compensation

Revenue

$8,054,377

Expenses

$7,731,385

Employee compensation

$3,287,273
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jeffrey A Davenport
President/Ceo (Resigned 12/14)
$234,379
$190,647 No related comp$43,732
Terry D Lisle
Treasurer
$175,332
$116,608 No related comp$58,724
Kimberly A Quinn
Chief Operating Officer
$146,978
$116,762 No related comp$30,216
Kathleen A Krommer
Chief Lending Officer
$146,212
$115,407 No related comp$30,805
Katherine R Alexander
Interim Chief Executive Officer
$62,019
$61,482 No related comp$537

Benchmark Employee Compensation

Non-Employee Board Members

Daniel S Matte
Board Chair and Director
$12,000
$12,000 No related compNo other comp
Ronald L Ledoux
Director
No compensation reported
James Keyes
Director
No compensation reported
Phil Cyr
Director
No compensation reported
Madaline I Bonadeies
Director
No compensation reported
John J Argitis
Director and Clerk
No compensation reported
John A Lafleche
2Nd Vice-Chair/Director
No compensation reported
Denise R Cournoyer
Director
No compensation reported
Paul Berry
Director
No compensation reported
Thomas J Smalarz
1St Vice-Chair Deceased 7/2016
No compensation reported
Benjamin Tully
Director
No compensation reported

Mission Statement

PROVIDE FINANCIAL PRODUCTS AND PERSONALIZED SERVICES THAT WILL ASSIST OUR MEMBERS IN ACHIEVING THEIR FINANCIAL GOALS.

Revisions to this organization profile

May 28, 2025:
2024 Southbridge Credit Union 990 filed
May 21, 2024:
2023 Southbridge Credit Union 990 filed
May 4, 2023:
2022 Southbridge Credit Union 990 filed

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