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Align Credit Union

Public charity · Grantmaker Lowell, MA EIN: 04-1680140 Website

Aligning our members and communities with financial tools to serve their needs.

Key facts about Align Credit Union

In short: Align Credit Union reported $48K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

EIN
04-1680140
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$47,734 — reported as a total on the IRS filing, without an itemized list
Total assets
$648,886,154

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$648.9M

-3.1% YoY

Grants Paid (reported total)

$48K

-7.9% YoY

Revenue

$30.4M

+3.2% YoY

Net Investment Income

$6.2M

+8.1% YoY

About Align Credit Union

Based on IRS filings

Align Credit Union is a public charity, based in Lowell, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $648.9M in total assets. In 2025, it reported $48K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $6.2M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Cities

LowellDracut

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants2020 5 grants2021 5 grants2022 3 grants2023 Total only2024 Total only2025

From 2021 to 2025, annual grant giving ranged from $32K (2023) to $66K (2022). In 2025 it reported $48K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 13 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20M$40M$60M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$648,886,154$669,475,106$706,708,681
Revenue$30,436,495$29,485,904$27,908,271
Expenses$35,621,456$38,156,747$31,391,959
Net Investment Income$6,233,188$5,764,651$6,385,021

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS September 21, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS September 12, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  5. Added Form 990 for fiscal year 2025 (received by the IRS August 11, 2026)

Leadership & Key People

Officers and directors from IRS filings

Align Credit Union is led by Lydia Vazquez, President & CEO since 2024 (on filings since 2021); 11 of 20 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Lydia Vazquez

    President & CEO

    Chief Lending Officer → Chief Operating Officer, 2023

    Chief Operating Officer → President & CEO, 2024

    On filings since 2021

    40 hrs/week

    $160K (2021) → $528K (2025)

  • David R. Morris

    Board Chairman

    Vice Chairperson → Director, 2024

    Director → Board Chairman, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Greg Tapella

    Vp-Director of It

    New on the 2025 filing

    40 hrs/week

    $171K (2025)

  • Joseph Forster

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Martin E. Conway

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Morris

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Carol McMahon

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Juliet Kalungi

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Rey Lemaine

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Joanne McCarthy

    Chief Retail Operations Officer

    Senior Vice President Chief Retail Officer & Security Officer → Chief Retail Officer & Security Officer, 2024

    Chief Retail Officer & Security Officer → Chief Retail Operations Officer, 2025

    On filings since 2021

    40 hrs/week

    $164K (2021) → $173K (2025)

  • Jennifer Huska

    Senior Vice President Chief Lending Officer

    Senior Vice President Chief Strategy Officer → Senior Vice President Chief Lending Officer, 2024

    On filings since 2022

    40 hrs/week

    $143K (2022) → $188K (2025)

  • Caleb Schultz

    Chief Information Officer & COO

    Chief Information Officer → Chief Information Officer & COO, 2025

    On filings since 2024

    40 hrs/week

    $166K (2024) → $268K (2025)

  • Kristen McNamara

    Svp-Human Resources

    On filings since 2024

    40 hrs/week

    $119K (2024) → $133K (2025)

  • Sean Wawrzkiewicz

    Svp-Finance

    On filings since 2024

    40 hrs/week

    $141K (2024) → $146K (2025)

  • Abby Decoster

    Svp-Deposit Operations

    New on the 2025 filing

    40 hrs/week

    $205K (2025)

  • Christa Therriault

    Chief Strategy Officer

    New on the 2025 filing

    40 hrs/week

    $132K (2025)

  • Joleen Forgione

    Chief Financial Officer

    New on the 2025 filing

    40 hrs/week

    $174K (2025)

  • Stephanie Tencati

    Svp-Marketing

    New on the 2025 filing

    40 hrs/week

    $159K (2025)

  • Kathleen E. McKenney

    Treasurer

    Director → Treasurer, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Steven J. Babbitt

    Vice Chairman

    Director → Vice Chairman, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (24)
  • Former: Frank H. Lospennato (2020–2024) — Treasurer
  • Former: George R. Gagan (2020–2024) — Chairman
  • Former: Karen A. Morris (2020–2024) — Clerk
  • Former: Kenneth M. Del Rossi (2020–2024) — Retired President & CEO
  • Former: Gary Abrams (2024) — Interim CFO
  • Former: Gary Long (2024) — Vp-Collections
  • Former: Oanh Le (2024) — Vp-Assistant Controller
  • Former: Alan J. Sexton (2020–2023) — Director
  • Former: Richard W. Piecewicz (2020–2023) — 2nd Vice Chairperson
  • Former: Thomas Hammond (2020–2023) — CFO
  • Former: Maryann Bedard (2021–2023) — Svp-Consumer Lending
  • Former: Sandra Lamplough (2021–2023) — Svp-Operations
  • Former: Todd Caron (2021–2023) — CIO
  • Former: Joanne Doulames (2023) — Senior Vice President It
  • Former: Kathleen Kay-Allen (2023) — Vp-Servicing
  • Former: Mark Sanguinetti (2023) — Senior Vice President Chief Lending Officer
  • Former: Mark Palermo (2021–2022) — Senior Vice President Chief Investment Officer
  • Former: Brian Bacci (2020–2021) — Executive Vice President & COO
  • Former: Francis J. McKenney (2020–2021) — 1st Vice Chairman
  • Former: Linda L. Purtell (2020–2021) — Director
  • Former: Susan Gill (2021) — Vice President Accounting & Finance
  • Former: Derek Da Silva (2020) — Mortgage Originator
  • Former: Katie Rockett (2020) — Mortgage Originator
  • Former: Maxwell G. Rodgers (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Lydia Vazquez — President and CEO: $528KLydia VazquezPresident and CEO$528KCaleb Schultz — Chief Information Officer & COO: $268KCaleb SchultzChief Information Officer & COO$268KAbby Decoster — SVP-Deposit Operations: $205KAbby DecosterSVP-Deposit Operations$205KJennifer Huska — SVP Chief Lending Officer: $188KJennifer HuskaSVP Chief Lending Officer$188KJoleen Forgione — Chief Financial Officer: $174KJoleen ForgioneChief Financial Officer$174KJoanne McCarthy — Chief Retail Operations Officer: $173KJoanne McCarthyChief Retail Operations Officer$173KGreg Tapella — VP-Director of It: $171KGreg TapellaVP-Director of It$171KStephanie Tencati — SVP-Marketing: $159KStephanie TencatiSVP-Marketing$159KSean Wawrzkiewicz — SVP-Finance: $146KSean WawrzkiewiczSVP-Finance$146KKristen McNamara — SVP-Human Resources: $133KKristen McNamaraSVP-Human Resources$133KChrista Therriault — Chief Strategy Officer: $132KChrista TherriaultChief Strategy Officer$132K

The highest reported compensation on the 2025 filing was $528K, to Lydia Vazquez (President and CEO). 11 officers or directors reported compensation on that filing.

Frequently asked questions about Align Credit Union

How much does Align Credit Union give each year?

Align Credit Union reported $48K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it reported $52K in grants paid.

How large is Align Credit Union?

Align Credit Union reported $648.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $30.4M.

Where does Align Credit Union operate?

Align Credit Union has awarded grants in Massachusetts.

What is Align Credit Union's EIN?

Align Credit Union's EIN (Employer Identification Number) is 04-1680140. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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