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Southbridge Credit Union

SOUTHBRIDGE, MA EIN: 04-2023790 Website

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$222.5M

+4.4% YoY

Annual Giving

$22K

+63.9% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$7K

+9.3% YoY

About Southbridge Credit Union

Based on IRS filings

Southbridge Credit Union is a nonprofit organization, based in SOUTHBRIDGE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $222.5M in total assets. In 2024, it awarded 3 grants totaling $22K. Net investment income was $715K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

SouthbridgeSturbridgeWorcester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$13M20202021202220232024
Metric202420232022
Total Assets$222,471,452$213,066,598$210,069,860
Revenue$11,878,282$10,589,215$9,370,814
Expenses$11,430,592$10,331,619$8,248,124
Qualifying Distributions
Net Investment Income$714,513$616,632$655,019
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$11K$16K$22K3 grants20202 grants20212 grants20222 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Opacum Land Trust$9KFriends of Sturbridge-Fi…$7KYMCA TEEN CENTER PLEDGE$6K

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Katherine R TheodossPresident/CEO$270KJeffrey CanniffCFO/Treasurer$199KKaren BrousseauSVP of Retail Operations$129KMaria Garcia-TorresSVP of Administration$127KLYNN MEROVP OF CONSUMER LENDING$121KJo-Ann SantelliVP of Commercial Loans$120KPhil CyrChairperson of the Board$11KJohn A LaflecheDirector (Resigned 11/2024)$1K

From 2024 filing

NameTitleHoursCompensation
Katherine R TheodossPresident/CEO40$270,406
Jeffrey CanniffCFO/Treasurer40$198,644
Jo-Ann SantelliVP of Commercial Loans40$119,712
Karen BrousseauSVP of Retail Operations40$128,741
LYNN MEROVP OF CONSUMER LENDING40$121,111
Maria Garcia-TorresSVP of Administration40$127,471
Phil CyrChairperson of the Board4$11,000
John A LaflecheDirector (Resigned 11/2024)3$1,000
James KeyesDIRECTOR40
Michelle M AndersondIRECTOR2
MADALINE I BONADEIESDirector2
BENJAMIN TULLYDiRECTOR2
William TrifoneDirector2
Robert CapreraDiRECTOR2
Jose DingaiDireCTOR2
Amy HowardDirector2
Rebecca BrusoDireCTOR2
Gary FontaineDirector (as of 9/24/2024)2

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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