PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Worcester Credit Union

Organization summary

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$4.72M (2023)

Expenses
$3.96M (2023)

Total Assets
$98.5M (2023)

Total Liabilities
$90.5M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,719,033
Expenses
$3,960,168
Net Income
$758,865
Net Assets
$7,981,313
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,400,985
72.1%
Investment Income $1,096,157
23.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $221,891
4.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,056,787
26.7%
Assets/Debt
Total Assets $98,463,592
Total Liabilities $90,482,279
Net Assets $7,981,313
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa Perrin (President/Ceo) $187,902 $0 $40,823
Stephen Doyle (Executive Vice President) $116,340 $0 $0
Robert Hennigan (Chairman) $0 $0 $0
Paula Harrity (Vice Chair) $0 $0 $0
John Lauring (Treasurer) $0 $0 $0
Michael Traynor (Secretary) $0 $0 $0
Konstantin Eliadi (Director) $0 $0 $0
David Moore (Director) $0 $0 $0
Julie Parenteau (Director) $0 $0 $0
John Pranckevicious (Director) $0 $0 $0
Sharon Woodbury (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,533,968
Expenses
$3,224,289
Net Income
$309,679
Net Assets
$6,632,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,836,934
80.3%
Investment Income $610,636
17.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $86,398
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $950,981
29.5%
Assets/Debt
Total Assets $105,060,405
Total Liabilities $98,428,333
Net Assets $6,632,072
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa Perrin (President/Ceo) $206,507 $0 $22,501
Robert Hennigan (Chairman) $0 $0 $0
Paula Harrity (Vice Chair) $0 $0 $0
John Lauring (Treasurer) $0 $0 $0
Michael Traynor (Secretary) $0 $0 $0
Konstantin Eliadi (Director) $0 $0 $0
David Moore (Director) $0 $0 $0
Julie Parenteau (Director) $0 $0 $0
John Pranckevicious (Director) $0 $0 $0
Sharon Woodbury (Director) $0 $0 $0
Steve Doyle (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,800,689
Expenses
$3,016,123
Net Income
$784,566
Net Assets
$9,222,226
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,766,886
72.8%
Investment Income $240,062
6.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $793,741
20.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $886,716
29.4%
Assets/Debt
Total Assets $107,267,095
Total Liabilities $98,044,869
Net Assets $9,222,226
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa Perrin (President/Ceo) $188,456 $0 $0
Wendy Matos Segura (Former Avp Of Finance & Hr) $36,092 $0 $0
Robert Hennigan (Chairman) $0 $0 $0
Paula Harrity (Vice Chair) $0 $0 $0
John Lauring (Treasurer) $0 $0 $0
Michael Traynor (Secretary) $0 $0 $0
Konstantin Eliadi (Director) $0 $0 $0
David Moore (Director) $0 $0 $0
Julie Parenteau (Director) $0 $0 $0
John Pranckevicious (Director) $0 $0 $0
Sharon Woodbury (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,911,731
Expenses
$3,429,308
Net Income
$482,423
Net Assets
$8,895,628
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,500
0.3%
Program Services $3,002,666
76.8%
Investment Income $266,561
6.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $632,004
16.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $191,119
5.6%
Professional Fundraising Fees $0
Other Salaries and Wages $853,157
24.9%
Assets/Debt
Total Assets $106,731,810
Total Liabilities $97,836,182
Net Assets $8,895,628
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa Perrin (President/Ceo) $191,119 $0 $21,351
Wendy Matos Segura (Avp Of Finance & Hr) $77,464 $0 $11,683
Robert Hennigan (Chairman) $0 $0 $0
Paula Harrity (Vice Chair) $0 $0 $0
John Lauring (Treasurer) $0 $0 $0
Michael Traynor (Secretary) $0 $0 $0
Konstantin Eliadi (Director) $0 $0 $0
David Moore (Director) $0 $0 $0
Julie Parenteau (Director) $0 $0 $0
John Pranckevicious (Director) $0 $0 $0
Sharon Woodbury (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,906,223
Expenses
$3,646,969
Net Income
$259,254
Net Assets
$8,162,448
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,474,830
89.0%
Investment Income $336,875
8.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $94,518
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $279,803
7.7%
Professional Fundraising Fees $0
Other Salaries and Wages $933,359
25.6%
Assets/Debt
Total Assets $81,833,951
Total Liabilities $73,671,503
Net Assets $8,162,448
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Karen E Duffy (Retired President/Ceo) $234,755 $0 $10,182
Natasha Beaulieu (Vp Operations) $92,514 $0 $13,916
Lisa Perrin (President/Ceo) $69,389 $0 $2,741
Robert Hennigan (Chairman) $0 $0 $0
Paula Harrity (Vice Chair) $0 $0 $0
John Lauring (Treasurer) $0 $0 $0
Michael Traynor (Secretary) $0 $0 $0
Konstantin Eliadi (Director) $0 $0 $0
David Moore (Director) $0 $0 $0
Julie Parenteau (Director) $0 $0 $0
John Pranckevicious (Director) $0 $0 $0
Sharon Woodbury (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,711,455
Expenses
$3,507,023
Net Income
$204,432
Net Assets
$7,844,266
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,282,945
88.5%
Investment Income $349,643
9.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $78,867
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $224,376
6.4%
Professional Fundraising Fees $0
Other Salaries and Wages $896,594
25.6%
Assets/Debt
Total Assets $80,628,970
Total Liabilities $72,784,704
Net Assets $7,844,266
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Karen E Duffy (President/Ceo) $243,138 $0 $10,381
Natasha Beaulieu (Vp Operations) $87,789 $0 $8,919
Robert Hennigan (Chairman) $0 $0 $0
Paula Harrity (Vice Chair) $0 $0 $0
John Lauring (Treasurer) $0 $0 $0
Michael Traynor (Secretary) $0 $0 $0
Konstantin Eliadi (Director) $0 $0 $0
David Moore (Director) $0 $0 $0
Julie Parenteau (Director) $0 $0 $0
John Pranckevicious (Director) $0 $0 $0
Sharon Woodbury (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,490,858
Expenses
$3,248,728
Net Income
$242,130
Net Assets
$7,635,133
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,036,820
87.0%
Investment Income $317,205
9.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $136,833
3.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $305,849
9.4%
Professional Fundraising Fees $0
Other Salaries and Wages $747,435
23.0%
Assets/Debt
Total Assets $80,724,729
Total Liabilities $73,089,596
Net Assets $7,635,133
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Karen E Duffy (President/Ceo) $222,187 $0 $6,217
Natasha Beaulieu (Vp Operations) $83,662 $0 $12,071
Robert Hennigan (Chairman) $0 $0 $0
Paula Harrity (Vice Chair) $0 $0 $0
John Lauring (Treasurer) $0 $0 $0
Michael Traynor (Secretary) $0 $0 $0
David Moore (Director) $0 $0 $0
Julie Parenteau (Director) $0 $0 $0
John Pranckevicious (Director) $0 $0 $0
Sharon Woodbury (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,253,859
Expenses
$3,034,588
Net Income
$219,271
Net Assets
$7,439,703
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,909,873
89.4%
Investment Income $272,637
8.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $71,349
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,046,153
34.5%
Assets/Debt
Total Assets $78,397,660
Total Liabilities $70,957,957
Net Assets $7,439,703
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Karen E Duffy (President/Ceo) $209,453 $0 $8,863
Natasha Beaulieu (Vp Operations) $73,559 $0 $4,844
Robert Hennigan (Chairman) $0 $0 $0
Paula Harrity (Vice Chair) $0 $0 $0
John Lauring (Treasurer) $0 $0 $0
Michael Traynor (Secretary) $0 $0 $0
Konstantin Eliadi (Director) $0 $0 $0
David Moore (Director) $0 $0 $0
Julie Parenteau (Director) $0 $0 $0
John Pranckevicious (Director) $0 $0 $0
Sharon Woodbury (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,305,518
Expenses
$3,467,108
Net Income
-$161,590
Net Assets
$7,219,554
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,971,983
89.9%
Investment Income $288,177
8.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $45,358
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,090,352
31.4%
Assets/Debt
Total Assets $76,129,004
Total Liabilities $68,909,450
Net Assets $7,219,554
Compensation
Key Employees and Officers Compensation Related Other
Karen E Duffy (President/Ceo) $189,286 $0 $12,416
Sharon Maloney (Vp Operations) $90,158 $0 $12,216
Robert Hennigan (Chairman) $0 $0 $0
Paula Harrity (Vice Chair) $0 $0 $0
John Lauring (Treasurer) $0 $0 $0
Michael Traynor (Secretary) $0 $0 $0
Konstantin Eliadi (Director) $0 $0 $0
David Moore (Director) $0 $0 $0
Julie Parenteau (Director) $0 $0 $0
John Lauring (Director) $0 $0 $0
Sharon Woodbury (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,441,486
Expenses
$3,560,989
Net Income
-$119,503
Net Assets
$7,413,532
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,048,268
88.6%
Investment Income $332,363
9.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $60,855
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,124,699
31.6%
Assets/Debt
Total Assets $78,096,138
Total Liabilities $70,682,606
Net Assets $7,413,532
Compensation
Key Employees and Officers Compensation Related Other
Karen E Duffy (President/Ceo) $189,678 $0 $12,125
Sharon Maloney (Vp Operations) $88,785 $0 $13,104
Robert Hennigan (Chairman) $0 $0 $0
Paula Harrity (Vice Chair) $0 $0 $0
John Lauring (Treasurer) $0 $0 $0
Michael Traynor (Secretary) $0 $0 $0
Konstantin Eliadi (Director) $0 $0 $0
David Moore (Director) $0 $0 $0
Julie Parenteau (Director) $0 $0 $0
John Lauring (Director) $0 $0 $0
Sharon Woodbury (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,607,912
Expenses
$3,543,829
Net Income
$64,083
Net Assets
$7,443,176
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,238,357
89.8%
Investment Income $323,205
9.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $46,350
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,085,202
30.6%
Assets/Debt
Total Assets $81,948,734
Total Liabilities $74,505,558
Net Assets $7,443,176
Compensation
Key Employees and Officers Compensation Related Other
Karen E Duffy (President/Ceo) $178,692 $0 $11,500
Sharon M Maloney (Vp Operations) $86,022 $0 $13,744
Paula Harrity (Director) $0 $0 $0
David Moore (Director) $0 $0 $0
Michael Traynor (Director) $0 $0 $0
Sharon Woodbury (Director) $0 $0 $0
Konstantin Eliadi (Chairman) $0 $0 $0
Robert Hennigan (Vice Chairman) $0 $0 $0
John Lauring (Treasurer) $0 $0 $0
Ralph Aromando (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,714,960
Expenses
$3,819,728
Net Income
-$104,768
Net Assets
$7,568,728
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,392,158
91.3%
Investment Income $260,454
7.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $62,348
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,266,577
33.2%
Assets/Debt
Total Assets $83,157,602
Total Liabilities $75,588,874
Net Assets $7,568,728

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,006,354
Expenses
$4,062,099
Net Income
-$55,745
Net Assets
$7,670,021
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,669,729
66.6%
Investment Income $429,269
10.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $907,356
22.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,226,346
30.2%
Assets/Debt
Total Assets $81,103,309
Total Liabilities $73,433,288
Net Assets $7,670,021

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »