Southbridge Credit Union
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Southbridge Credit Union at a glance
In short: Southbridge Credit Union gave $14K across 2 grants in 2025 (avg $7K), mostly in Massachusetts. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $14,000
- -35.3% vs 2024
- Grants made (2025)
- 2
- -33.3% vs 2024
- Average grant
- $7,000
- -3.0% vs 2024
- Median grant
- $7,000
- Total assets
- $236,321,866
- +6.2% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Southbridge Credit Union funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Opacum Land Trust ($7K). Together the top 2 received $14K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Southbridge Credit Union gives
- Giving held roughly steady from 2022 to 2025 (+17%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $12K (2022) to $22K (2024). In 2025 it made 2 grants totaling $14K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Opacum Land Trust Sturbridge, MA | Exempt Purpose | $7,000 |
| Friends of Sturbridge-Fiskdale Seniors Inc Sturbridge, MA | Exempt Purpose | $7,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $236,321,866 | $13,160,561 | $12,155,307 | $14,000 | 2 | $1,541,982 |
| 2024 | $222,471,452 | $11,878,282 | $11,430,592 | $21,640 | 3 | $714,513 |
| 2023 | $213,066,598 | $10,589,215 | $10,331,619 | $13,200 | 2 | $616,632 |
| 2022 | $210,069,860 | $9,370,814 | $8,248,124 | $12,000 | 2 | $655,019 |
| 2021 | $204,683,991 | $8,395,141 | $7,941,976 | $16,000 | 2 | $134,852 |
| 2020 | $202,221,584 | $8,804,606 | $8,635,831 | $21,000 | 3 | $254,099 |
| 2019 | $189,072,301 | $9,399,424 | $8,941,507 | — | — | $478,242 |
About Southbridge Credit Union
Based on IRS filings
Southbridge Credit Union is a public charity, based in Southbridge, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $236.3M in total assets. In 2025, it awarded 2 grants totaling $14K. Net investment income was $1.5M.
Leadership & Key People
Officers and directors from IRS filings
Southbridge Credit Union is led by Katherine R. Theodoss, President & CEO on every filing since 2022; 7 of 18 officers listed in 2025 are compensated.
Officers on the 2025 filing
Katherine R. Theodoss
President & CEO
On filings since 2022
40 hrs/week
$244K (2022) → $274K (2025)
Phil Cyr
Board Chair & Director
1st Vice Chair & Director → Chairperson of the Board, 2024
Chairperson of the Board → Board Chair & Director, 2025
On filings since 2019
3 hrs/week
$11K (2024) → $12K (2025)
Madaline I. Bonadeies
Director
Board Chair & Director → Director, 2021
On filings since 2019
2 hrs/week
$12K (2019) → $0 (2025)
Benjamin Tully
2nd Vice Chair & Director
Chair & Clerk → Director, 2023
Director → 2nd Vice Chair & Director, 2025
On filings since 2019
2 hrs/week
No compensation reported
Gary Fontaine
Director
On filings since 2019
2 hrs/week
No compensation reported
James Keyes
1st Vice Chair & Director
2nd Vice Chair & Director → Director, 2024
Director → 1st Vice Chair & Director, 2025
On filings since 2019
2 hrs/week
No compensation reported
Michelle M. Anderson
Director
On filings since 2019
2 hrs/week
No compensation reported
William Trifone
Director
On filings since 2019
2 hrs/week
No compensation reported
Amy Howard
Director
On filings since 2021
2 hrs/week
No compensation reported
Jose Dingai
Director
On filings since 2021
2 hrs/week
No compensation reported
Rebecca Bruso
Director
On filings since 2021
2 hrs/week
No compensation reported
Amanda Belding
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Nicholas Cantara
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Jeffrey Canniff
CFO & Treasurer
On filings since 2019
40 hrs/week
$163K (2019) → $309K (2025)
Lynn Mero
Vice President of Consumer Lending
On filings since 2022
40 hrs/week
$104K (2022) → $133K (2025)
Karen Brousseau
Senior Vice President of Retail Operations
On filings since 2023
40 hrs/week
$103K (2023) → $139K (2025)
Maria Garcia-Torres
Senior Vice President of Administration
On filings since 2023
40 hrs/week
$111K (2023) → $138K (2025)
Jo-Ann Santelli
Vice President of Commercial Loans
On filings since 2024
40 hrs/week
$120K (2024) → $130K (2025)
Former officers (9)
- Former: John A Lafleche (2019–2024) — Director
- Former: Robert Caprera (2019–2024) — Director
- Former: Barbara Palmer (2021–2023) — Vice President Branch Retail Development · Filing note: Ended 102023
- Former: Chad Moore (2019–2021) — Vice President Consumer & Mortgage Lending
- Former: Katherine R. Roy (2021) — President & CEO
- Former: Christina Predella (2019–2020) — Director
- Former: Jordan Hoy (2019–2020) — Senior Vice President Commercial Lending
- Former: Katherine R. Alexander (2019–2020) — President & CEO
- Former: Michael Cantwell (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2025. "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
The highest reported compensation on the 2025 filing was $309K, to Jeffrey Canniff (CFO/Treasurer). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Southbridge Credit Union
How much does Southbridge Credit Union give each year?
Southbridge Credit Union gave $14K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $22K across 3 grants.
How large is Southbridge Credit Union?
Southbridge Credit Union reported $236.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $13.2M.
Where does Southbridge Credit Union operate?
Southbridge Credit Union has awarded grants in Massachusetts.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS May 13, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS June 9, 2026)
- IRS filings on file for fiscal years 2020–2024
Other open foundation grants in Massachusetts
Massachusetts Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Southbridge Credit Union's focus areas in our free grants database
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Funders with grantees in common, and similar funders in Massachusetts
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The foundation supports local charitable and educational organizations in Massachusetts, including community service, arts and sciences, education, and religious organizations. Its 2024 grants ranged from $250 to $50,000, with a median of $1,000. It accepts written requests and says it does not limit giving to preselected organizations.
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Joseph Persky Foundation
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In 2025, the Joseph Persky Foundation funded preselected charitable organizations working in areas including community services, health care, Jewish community life, food security, anti-hate work, music, and the arts. Grants ranged from $500 to $54,000, with a median of $5,000; 95% of grant dollars went to Massachusetts and 5% to New York. The foundation does not accept unsolicited funding requests.
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Edward C Johnson Fund
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Assets
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Total Given
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More similar funders
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Southbridge Credit Union's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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