Metro Credit Union
SEE SCHEDULE O
Key facts about Metro Credit Union
- EIN
- 04-1695745
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $217,219
- Grants made (2024)
- 10
- Average grant
- $21,722
- Median grant
- $10,050
- New grantees (estimate)
- 30% first-time grantees (3 of 10, 2024)
- Total assets
- $3,440,032,348
- Primary geography
- Massachusetts (93% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Metro Credit Union funds
By grant dollars, the top recipient states for Metro Credit Union's 10 itemized 2024 grants were Massachusetts (93%). The most frequent recipient cities were Boston, MA (3 grants) and Chelsea, MA (2 grants). None of its 10 grants with a stated purpose were described as general or operating support. Recurring purposes include "Donation" (8 grants).
Is Metro Credit Union open to new grantees?
30%
first-time grantees, 2024
In 2024, 3 of 10 grantees (30%) were first-time recipients. First grants averaged $7K; repeat grants $28K. How we count
Medians: $7K first-time, $11K repeat.
Estimate from itemized IRS Form 990-PF grant lists (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Metro Credit Union
- How to evaluate Metro Credit Union as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Metro Credit Union with AI
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- Track this opportunity in a free grant tracker
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4B
+0.8% YoY
Annual Giving
$217K
-13.8% YoY
Grant Count
10
+0.0% YoY
Avg Grant Size
$22K
-13.8% YoY
About Metro Credit Union
Based on IRS filings
Metro Credit Union is a nonprofit organization, based in Chelsea, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4B in total assets. In 2024, it awarded 10 grants totaling $217K. Net investment income was $14.7M.
Ready to take the next step with Metro Credit Union?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,440,032,348 | $3,414,191,630 | $3,156,507,565 |
| Revenue | $173,359,884 | $149,461,871 | $114,336,853 |
| Expenses | $166,107,473 | $134,522,388 | $83,937,696 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $14,730,944 | $9,914,621 | $1,759,371 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Metro Credit Union Foundation Inc ($106,100), The City of Boston ($29,040), Cooperative Cu Association ($19,964).
| Recipient | Purpose | Amount |
|---|---|---|
| METRO CREDIT UNION FOUNDATION INC Chelsea, MA | DONATION | $106,100 |
| THE CITY OF BOSTON Boston, MA | DONATION | $29,040 |
| COOPERATIVE CU ASSOCIATION Marlborough, MA | DONATION | $19,964 |
| GREATER BOSTON ASSOCIATION OF REALTORS Boston, MA | SPONSORSHIP | $11,250 |
| TRUSTEES OF BOSTON UNIVERSITY Boston, MA | DONATION | $10,100 |
| THE NEIGHBORHOOD DEVELOPERS INC Chelsea, MA | DONATION | $10,000 |
| SECOND CHANCE CARS Concord, MA | DONATION | $9,238 |
| BANZAI INC Provo, UT | SPONSORSHIP | $8,777 |
| COMMUNITY IMPACT FUND Greenwood Village, CO | DONATION | $7,000 |
| MASSACHUSETTS COALITION FOR THE HOMELESS Lynn, MA | DONATION | $5,750 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert M Cashman | President/CEO/Director | 40 | $1,585,056 |
| David Holzman | Director | 2 | — |
| Arnold S Baer | Director/Assistant Clerk | 2 | — |
| Bion Foster | Director | 2 | — |
| Joseph Zang | Director (Ended 8/2024) | 2 | — |
| Donna Lee | Director | 2 | — |
| John Imbergamo | Director/Vice Chairman | 2 | — |
| Peter Harris | Director/Treasurer | 2 | — |
| Paul M Gulko | Director/Clerk | 2 | — |
| Mark Smoller | Director/Chairman | 2 | — |
| Adam Frank | Director | 2 | — |
| Marta Rosa | Director | 2 | — |
| Charlene Bauer | SVP Member Experience | 40 | $265,569 |
| Lawrence Standford | SVP/CFO | 40 | $302,457 |
| Traci Michel | SVP/COO & Cso | 40 | $466,859 |
| Kevin Malone | SVP Senior Commericial Lender | 40 | $358,492 |
| Amylynn Moody | Chief People Officer | 40 | $295,199 |
| James Herndon | SVP Human Resources | 40 | $230,792 |
| Maria a Justiniano | SVP Lending | 40 | $310,479 |
| Monica Santos | SVP/Chief Marketing (As of 6/2024) | 40 | $190,089 |
| Kim Monahan | Credit Risk & Portfolio Management | 40 | $233,812 |
| Eric Gilliland | VP Commercial Relationship Manager | 40 | $284,191 |
| Shauna Glazebrook | VP Mortgage Operations | 40 | $210,407 |
| Jason Truong | VP Commercial Relationship Manager | 40 | $196,482 |
| Lucas Ross | AVP Mortgage Operations | 40 | $212,712 |
Frequently Asked Questions
How large is Metro Credit Union?
As of 2024, Metro Credit Union holds $3.4B in total assets with $173.4M in annual revenue. It awarded 10 grants totaling $217K in 2024.
Where does Metro Credit Union operate?
Metro Credit Union has awarded grants in Colorado, Massachusetts, Utah, Wisconsin.
What size grants does Metro Credit Union award?
In 2024, Metro Credit Union awarded 10 grants totaling $217K — an average of about $22K per grant, based on its IRS Form 990 filings.
What is Metro Credit Union's EIN?
Metro Credit Union's EIN (Employer Identification Number) is 04-1695745. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Metro Credit Union's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.