Southbridge Credit Union
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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Opacum Land Trust ($8,640), Friends of Sturbridge-Fiskdale Seniors Inc ($7,000), Ymca Teen Center Pledge ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Opacum Land Trust STURBRIDGE, MA | EXEMPT PURPOSE | $8,640 |
| YMCA TEEN CENTER PLEDGE WORCESTER, MA | EXEMPT PURPOSE | $6,000 |
| Friends of Sturbridge-Fiskdale Seniors Inc STURBRIDGE, MA | EXEMPT PURPOSE | $7,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Katherine R Theodoss | President/CEO | 40 | $270,406 |
| Jeffrey Canniff | CFO/Treasurer | 40 | $198,644 |
| Jo-Ann Santelli | VP of Commercial Loans | 40 | $119,712 |
| Karen Brousseau | SVP of Retail Operations | 40 | $128,741 |
| LYNN MERO | VP OF CONSUMER LENDING | 40 | $121,111 |
| Maria Garcia-Torres | SVP of Administration | 40 | $127,471 |
| Phil Cyr | Chairperson of the Board | 4 | $11,000 |
| John A Lafleche | Director (Resigned 11/2024) | 3 | $1,000 |
| James Keyes | DIRECTOR | 40 | — |
| Michelle M Anderson | dIRECTOR | 2 | — |
| MADALINE I BONADEIES | Director | 2 | — |
| BENJAMIN TULLY | DiRECTOR | 2 | — |
| William Trifone | Director | 2 | — |
| Robert Caprera | DiRECTOR | 2 | — |
| Jose Dingai | DireCTOR | 2 | — |
| Amy Howard | Director | 2 | — |
| Rebecca Bruso | DireCTOR | 2 | — |
| Gary Fontaine | Director (as of 9/24/2024) | 2 | — |
Frequently Asked Questions
How large is Southbridge Credit Union?
As of 2024, Southbridge Credit Union holds $222.5M in total assets with $11.9M in annual revenue. It awarded 3 grants totaling $22K in 2024.
Where does Southbridge Credit Union operate?
Southbridge Credit Union has awarded grants in Massachusetts.
What size grants does Southbridge Credit Union award?
In 2024, Southbridge Credit Union awarded 3 grants totaling $22K — an average of about $7K per grant, based on its IRS Form 990 filings.
What is Southbridge Credit Union's EIN?
Southbridge Credit Union's EIN (Employer Identification Number) is 04-2023790. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Southbridge Credit Union's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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