1. Directory
  2. Massachusetts
  3. Springfield
  4. Freedom Credit Union
EIN 04-1961180

Freedom Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
154
City
Springfield
State
Massachusetts
Year formed
1922
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
To provide a friendly atmosphere for its members in which they can conduct their financial business and to offer fair rates for savings, loans and other services as they become available. Our dynamic, sincere and helpful team provides membership value to individuals and businesses while managing a stable, community-minded financial institution.
Total revenues
$26,913,534
2022
Total expenses
$23,288,605
2022
Total assets
$699,366,789
2022
Num. employees
154
2022

Program areas at Freedom Credit Union

Not required.

Personnel at Freedom Credit Union

NameTitleCompensation
Glenn S. WelchPresident and Chief Executive Officer$346,731
Louis ScungioSenior Vice President and Chief Financial Officer$187,978
Cheryl L. PodgorskiVice President , Operations$138,121
Kara B. HermanVice President , Retail Administration$137,685
David ChaseVice President of Business / Vice President Member Business Lending$158,403
...and 4 more key personnel

Financials for Freedom Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$23,509,643
Investment income and dividends$3,487,750
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-83,859
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$26,913,534

Form 990s for Freedom Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-11-11990View PDF
2020-122021-11-15990View PDF
2019-122021-06-24990View PDF
2018-122020-02-04990View PDF
...and 9 more Form 990s

Organizations like Freedom Credit Union

OrganizationLocationRevenue
Resource One Credit UnionDallas, TX$45,978,560
First Central Credit UnionWaco, TX$11,296,325
Cfcu Community Credit UnionIthaca, NY$56,840,108
Fort Worth Community Credit UnionBedford, TX$51,151,395
ELGA Credit UnionGrand Blanc, MI$86,734,421
Union Square Credit UnionWichita Falls, TX$34,027,572
Old Hickory Credit UnionOld Hickory, TN$14,832,560
Belco Community Credit Union (BelcoCCU)Harrisburg, PA$48,046,376
City of Boston Credit UnionSouth Boston, MA$22,869,244
Aventa Credit UnionColorado Springs, CO$15,058,799
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 12, 2023
Used new vendors
Identified 17 new vendors, including , , , , , , , , , , , , , , , , and
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unions
Issues
No issues found
Characteristics
Memberships
General information
Address
1976 Main St
Springfield, MA 01103
Metro area
Springfield, MA
County
Hampden County, MA
Website URL
freedom.coop/ 
Phone
(413) 739-6961
Facebook page
FreedomCreditUnionMA 
IRS details
EIN
04-1961180
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1922
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
Free account sign-up

Want updates when Freedom Credit Union has new information, or want to find more organizations like Freedom Credit Union?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy