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WORKERS FEDERAL CREDIT UNION FKA WORKERS CREDIT UNION

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Public IRS 990 nonprofit record

WORKERS FEDERAL CREDIT UNION FKA WORKERS CREDIT UNION

EIN 04-2079901 · Credit Unions (W61)

What they do

THE ORGANIZATION is A STATE CHARTERED CREDIT UNION THAT SERVES MEMBERS WHO LIVE or WORK IN MASSACHUSETTS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$96.77spent for every $100 of revenueRevenue covered expenses this year.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $388,625 for SANDRA SAGEHORN ELLIOTT (EVP, COO (ENDED 9/2020)). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$1,210,709
Expenses$1,171,561
Annual surplus $39,148 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$1,210,709
Expenses$1,171,561
Income$1,210,709
Grants given$568,624
Average grant$29,928
Stocks and bonds$451,397,323
People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
SANDRA SAGEHORN ELLIOTTEVP, COO (ENDED 9/2020) · 40 hrs/week $388,625Base $369,780 · Other $18,845
MARK FANTASIAVP RETIREMENT PLANNING & I · 40 hrs/week $387,330Base $355,172 · Other $32,158
DAVID EARLSFINANCIAL ADVISOR · 40 hrs/week $332,945Base $310,776 · Other $22,169
JOANNE WHITESVP INFORMATION TECHNOLOGY · 40 hrs/week $313,923Base $297,716 · Other $16,207
THOMAS GRAYSVP LENDING · 40 hrs/week $301,009Base $272,504 · Other $28,505
PETER RICESVP RETAIL SERVICES · 40 hrs/week $296,064Base $275,925 · Other $20,139
MARY JANE FITZSIMMONSSVP HUMAN CAPITAL (CPO) · 40 hrs/week $283,915Base $267,022 · Other $16,893
ROBERT S LOCKETTCSO & SVP DIVERSIFIED SERV · 40 hrs/week $263,243Base $235,072 · Other $28,171
SCOTT KWARTASVP RISK MGMT (ENDED 10/2020) · 40 hrs/week $232,226Base $216,786 · Other $15,440
DONALD DELUCAVP SOLUTIONS ARCHITECT · 40 hrs/week $216,387Base $190,417 · Other $25,970
ROBERT P GALLOVP COMMERCIAL LENDING · 40 hrs/week $195,430Base $178,156 · Other $17,274
BECKIE PERLUPOVP ASST. TREASURER & CONTROLLER · 40 hrs/week $185,081Base $162,441 · Other $22,640

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

SANDRA SAGEHORN ELLIOTTEVP, COO (ENDED 9/2020)

MARK FANTASIAVP RETIREMENT PLANNING & I

DAVID EARLSFINANCIAL ADVISOR

JOANNE WHITESVP INFORMATION TECHNOLOGY

THOMAS GRAYSVP LENDING

PETER RICESVP RETAIL SERVICES

MARY JANE FITZSIMMONSSVP HUMAN CAPITAL (CPO)

ROBERT S LOCKETTCSO & SVP DIVERSIFIED SERV

SCOTT KWARTASVP RISK MGMT (ENDED 10/2020)

DONALD DELUCAVP SOLUTIONS ARCHITECT

ROBERT P GALLOVP COMMERCIAL LENDING

BECKIE PERLUPOVP ASST. TREASURER & CONTROLLER

RAVEN SMITHDIRECTOR

SCOT BARRETTDIRECTOR

RYAN LICHWELLDIRECTOR

ROBERT MARKLEYDIRECTOR/CLERK

ERICA LIGHTDIRECTOR

NILESH GUNDADIRECTOR/VICE CHAIR

MARY ANN ASHTONDIRECTOR (ENDED 10/2020)

MARY HEAFYDIRECTOR/CHAIRMAN

DOUGLAS J PETERSENPRESIDENT/CEO

ERIC D SHAPIRODIRECTOR

J TIMOTHY SMITHSVP - CFO & TREASURER

About this charity

Recognized since
January 2022
Location
119 RUSSELL ST, LITTLETON, MA 01460-1240
County
Middlesex
In care of
% WORKERS CREDIT UNION
Primary officer
BECKIE PERLUPO, VP, ASST. TREASURER/CONTROLLER

How to reach them

Filing and classification

Latest tax year
2020
Tax period began
January 1, 2021
Return type
990
Tax preparer
WOLF & COMPANY PC
NTEE classification
Credit Unions (W61)
IRS tax category
Credit Unions
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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