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GREENWOOD CREDIT UNION INC

EIN 05-0254228 WARWICK, RI

Largest nonprofits in Rhode Island

Revenue 2025
$55,812,855
Expenses 2025
$47,496,677

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
14
Classification
1000
Street
2700 POST RD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

Mission

THE CREDIT UNION IS AN ASSOCIATION OWNED BY ITS MEMBER DEPOSITORS. INTEREST INCOME FROM LOANS AND INVESTMENTS ALLOW THE CREDIT UNION TO PROVIDE LOW COST FINANCIAL SERVICES TO ITS MEMBERS.

  • INVESTMENT INCOME FROM LOANS AND INVESTMENTS PROVIDE FUNDS NECESSARY TO PROVIDE LOW COST FINANCIAL PRODUCTS TO MEMBER OWNERS. AT DECEMBER 31, 2025, THE CREDIT UNION HAD 86,211 SHARE/DEPOSIT ACCOUNTS AND 37,084 LOAN ACCOUNTS.

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Frederick Reinhardt

    CEO

    Total calculated
    $750,007
    From this org
    $703,300
    From related orgs
    $0
    Other
    $46,707
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $367,500
    Bonus
    $10,800
    Other
    $325,000
    Deferred
    $17,500
    Nontaxable benefits
    $50,975
    Filer's total
    $750,007
  • Holly Ferrara

    SENIOR VP/CL

    Total calculated
    $299,502
    From this org
    $255,676
    From related orgs
    $0
    Other
    $43,826
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,476
    Bonus
    $38,200
    Other
    not reported
    Deferred
    $12,614
    Nontaxable benefits
    $62,424
    Filer's total
    $299,502
  • Jennifer Lafrance

    SVP/COO

    Total calculated
    $272,102
    From this org
    $245,354
    From related orgs
    $0
    Other
    $26,748
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,354
    Bonus
    $28,000
    Other
    not reported
    Deferred
    $12,303
    Nontaxable benefits
    $28,890
    Filer's total
    $272,102
  • Andrew Brown

    CFO

    Total calculated
    $239,634
    From this org
    $228,010
    From related orgs
    $0
    Other
    $11,624
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,010
    Bonus
    $21,000
    Other
    not reported
    Deferred
    $11,624
    Nontaxable benefits
    not reported
    Filer's total
    $239,634
  • Theresa Brophy

    SVP, HUMAN R

    Total calculated
    $203,494
    From this org
    $165,798
    From related orgs
    $0
    Other
    $37,696
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,898
    Bonus
    $20,900
    Other
    not reported
    Deferred
    $8,442
    Nontaxable benefits
    $58,508
    Filer's total
    $203,494
  • Paul Silva

    CHIEF RISK O

    Total calculated
    $183,783
    From this org
    $154,714
    From related orgs
    $0
    Other
    $29,069
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,714
    Bonus
    $17,000
    Other
    not reported
    Deferred
    $7,860
    Nontaxable benefits
    $42,418
    Filer's total
    $183,783
  • Karen Sd Grande Esq

    CHAIRPERSON/

    Total calculated
    $36,300
    From this org
    $36,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    5
  • Philip Slocum

    VICE CHAIR/D

    Total calculated
    $27,300
    From this org
    $27,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    4
  • Michael Tikoian

    BOARD TREASU

    Total calculated
    $26,100
    From this org
    $26,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Sandra Powell

    BOARD SECRET

    Total calculated
    $25,200
    From this org
    $25,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Marianne Varatta

    DIRECTOR

    Total calculated
    $17,503
    From this org
    $17,503
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Ross Nelson

    DIRECTOR

    Total calculated
    $16,100
    From this org
    $16,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Carrie Bridges Feliz

    DIRECTOR

    Total calculated
    $15,600
    From this org
    $15,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Brian McGuirk

    DIRECTOR

    Total calculated
    $15,100
    From this org
    $15,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Mary Sadlier

    DIRECTOR

    Total calculated
    $12,300
    From this org
    $12,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $55,812,855
    Expenses
    $47,496,677
    Contributions
    $0
    Grants paid
    $0
  • 2024
    Revenue
    $53,648,132
    Expenses
    $48,715,127
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $43,604,859
    Expenses
    $39,565,582
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $35,042,007
    Expenses
    $26,356,076
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $32,311,818
    Expenses
    $23,564,392
    Assets (EOY)
    $681,592,383
  • 2020 · 990

    Revenue
    $30,056,335
    Expenses
    $25,830,314
    Assets (EOY)
    $649,024,883
  • 2019 · 990

    Revenue
    $26,854,337
    Expenses
    $23,887,701
    Assets (EOY)
    $580,210,494
  • 2018 · 990

    Revenue
    $21,957,921
    Expenses
    $18,575,769
    Assets (EOY)
    $552,002,117
  • 2017 · 990

    Revenue
    $17,370,931
    Expenses
    $15,495,610
    Assets (EOY)
    $496,810,470
  • 2016 · 990

    Revenue
    $16,527,530
    Expenses
    $14,380,866
    Assets (EOY)
    $456,261,334
  • 2015 · 990

    Revenue
    $15,828,563
    Expenses
    $13,688,774
    Assets (EOY)
    $427,424,983
  • 2014 · 990

    Revenue
    $15,207,043
    Expenses
    $13,165,072
    Assets (EOY)
    $411,192,226
  • 2013 · 990

    Revenue
    $15,089,658
    Expenses
    $13,019,174
    Assets (EOY)
    $387,499,463
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $12,962,538
    Assets (EOY)
    $359,032,840

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.