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EIN 04-2079901

Workers' Federal Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
355
City
Littleton
State
Massachusetts
Year formed
1914
Most recent tax filings
2021-01-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Notice
This nonprofit is terminated or no longer active
Workers' Federal Credit Union may be no longer active or terminated. Either the organization hasn't filed a Form 990 in many years and appears to no longer be active, or they marked in their most recent Form 990 that they have closed down.
Description
Workers' Credit Union is a state-chartered, cooperative-owned credit union based in Fitchburg, MA that serves members who live or work in Massachusetts. As of 12/31/2019, the Credit Union's net loans totaled $1.35 billion and share deposits totaled $1.21 billion.
Also known as...
Workers' Credit Union
Total revenues
$93,796,292
2020
Total expenses
$86,973,420
2020
Total assets
$1,995,827,980
2020
Num. employees
355
2020

Program areas at Workers' Federal Credit Union

The Credit Union is cooperative owned, directed and dedicated to its members.

Personnel at Workers' Federal Credit Union

NameTitleCompensation
Ceo, DougFrom the Chief Executive Officer
Doug PetersenPresident and Chief Executive Officer
Joanne WhiteSenior Vice President , Chief Information and Operations Officer / Senior Vice President , Chief Information Officer , Information Technology / Senior Vice President Information Technology$297,716
Tim SmithSenior Vice President , Chief Financial Officer and Treasurer
Jane FitzsimmonsSenior Vice President of Human Resources, Chief People Officer
...and 17 more key personnel

Financials for Workers' Federal Credit Union

RevenuesFYE 01/2021
Total grants, contributions, etc.$0
Program services$82,688,634
Investment income and dividends$8,759,359
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$763,452
Net gain from sale of non-inventory assets$1,584,847
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$93,796,292

Form 990s for Workers' Federal Credit Union

Fiscal year endingDate received by IRSFormPDF link
2021-012021-12-07990View PDF
2020-122021-11-15990View PDF
2019-122021-06-08990View PDF
2018-122019-12-26990View PDF
2017-122019-03-15990View PDF
...and 9 more Form 990s
Data update history
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 18, 2023
Updated personnel
Identified 1 new personnel
May 17, 2023
Used new vendors
Identified 1 new vendor, including
January 21, 2022
Updated personnel
Identified 3 new personnel
October 3, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsCharities
Issues
No issues found
Characteristics
State / local levelTax deductible donationsTerminated
General information
Address
119 Russell St
Littleton, MA 01460
Metro area
Boston-Cambridge-Newton, MA-NH
Website URL
wcu.com/about-us/board-of-directors-executive-leadership 
Phone
(978) 345-1021
IRS details
EIN
04-2079901
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1914
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
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