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Sharon & Cresent United 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.

Summary charts: organization finances over time

Revenue
$19.6M (2019)

Expenses
$17.8M (2019)

Total Assets
$0 (2019)

Total Liabilities
$0 (2019)

Source: Form 990 tax filings from 2011 to 2019

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.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,582,828
Expenses
$17,842,152
Net Income
$1,740,676
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,269,821
93.3%
Investment Income $1,250,545
6.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $62,462
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,622,186
9.1%
Professional Fundraising Fees $0
Other Salaries and Wages $3,777,540
21.2%
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert W Gustafson (President & Ceo) $529,215 $0 $47,144
Brian Findlay (Vp Finance) $214,954 $0 $48,374
Mark Hennessy (Svp Commercial Lending) $186,894 $0 $49,834
Paul Pijanowski (Svp It) $186,750 $0 $64,061
Cheryl Mccormick (Svp Commercial Lending) $170,601 $0 $49,053
Jonah Wein (Vp Community Relations) $142,548 $0 $23,308
Howard L Spiller Cpa (Chairman) $20,000 $0 $0
David A Goodman Cpa (Treasurer) $0 $0 $0
John P Kolentsas (Clerk) $0 $0 $0
Antonio F Macedo (Assistant Clerk & Membership Officer) $0 $0 $0
Paul A Marino (Director) $0 $0 $0
James P Mihos (Director) $0 $0 $0
Herbert S Nagle (Director) $0 $0 $0
Alfred T Niccoli (Vice Chairman) $0 $0 $0
William Rosa Esq (Director) $0 $0 $0
F Robert Silverstein (Director) $0 $0 $0
Robert G Sims (Director) $0 $0 $0
Arthur F Sullivan (Vice Chairman) $0 $0 $0
Jean Caputo Williams (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,630,554
Expenses
$16,099,298
Net Income
$2,531,256
Net Assets
$65,051,928
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,428,215
93.5%
Investment Income $1,145,367
6.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $56,972
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $637,124
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $4,346,812
27.0%
Assets/Debt
Total Assets $438,601,837
Total Liabilities $373,549,909
Net Assets $65,051,928
Compensation
Key Employees and Officers Compensation Related Other
Robert W Gustafson (President/Ceo) $398,510 $0 $29,643
Brian Findlay (Vp/Cfo) $151,639 $0 $40,454
Paul Pijanowski (Senior Vp) $145,180 $0 $44,236
Mark Hennessy (Vice President) $143,867 $0 $44,946
Cheryl Mccormick (Vice President) $127,703 $0 $44,176
Jonah Wein (Vice President) $106,797 $0 $19,686
Richard Hooke (Vp Business Development Officer) $106,772 $0 $20,661
Howard Spiller (Chairman Of The Board) $15,000 $0 $1,175
John Kolentsas (Clerk) $0 $0 $405
Alfred Niccoli (Vice Chairman) $0 $0 $0
Arthur Sullivan (Vice Chairman) $0 $0 $405
David Goodman (Treasurer) $0 $0 $0
Antonio Macedo (Director) $0 $0 $405
Paul Marino (Director) $0 $0 $405
James Mihos (Director) $0 $0 $0
Herbert Nagle (Director) $0 $0 $405
William Rosa (Director) $0 $0 $405
F Robert Silverstein (Director) $0 $0 $0
Robert Sims (Director) $0 $0 $1,175
Jean Caputo Williams (Director) $0 $0 $405

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,094,559
Expenses
$16,168,079
Net Income
$2,926,480
Net Assets
$62,735,244
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,173,446
95.2%
Investment Income $836,752
4.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $61,060
0.3%
Net Fundraising $0
Sales of Assets $23,301
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $617,652
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $4,326,962
26.8%
Assets/Debt
Total Assets $425,875,266
Total Liabilities $363,140,022
Net Assets $62,735,244
Compensation
Key Employees and Officers Compensation Related Other
Robert W Gustafson (President/Ceo) $378,282 $0 $29,981
Stephen Spooner (Senior Vp/Cfo) $136,495 $0 $23,842
Mark Hennessy (Vice President) $135,889 $0 $42,238
Paul Pijanowski (Senior Vp) $135,758 $0 $41,641
Donna Moran (Vice President) $121,104 $0 $38,723
Cheryl Mccormick (Vice President) $119,701 $0 $41,314
Brian Findlay (Vp/Cfo) $23,243 $0 $0
Howard Spiller (Chairman Of The Board) $15,000 $0 $1,218
Robert Sims (Director) $1,546 $0 $1,218
Alfred Niccoli (Vice Chairman) $0 $0 $0
Arthur Sullivan (Vice Chairman) $0 $0 $420
David Goodman (Treasurer) $0 $0 $0
John Kolentsas (Clerk) $0 $0 $420
F Robert Silverstein (Director) $0 $0 $1,218
Herbert Nagle (Director) $0 $0 $420
Paul Marino (Director) $0 $0 $420
James Mihos (Director) $0 $0 $0
Jean Caputo Williams (Director) $0 $0 $420
Antonio Macedo (Director) $0 $0 $420
William Rosa (Director) $0 $0 $420

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,741,480
Expenses
$15,632,530
Net Income
$3,108,950
Net Assets
$59,778,301
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,793,269
94.9%
Investment Income $738,270
3.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $65,838
0.4%
Net Fundraising $0
Sales of Assets $144,103
0.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $597,323
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $4,247,968
27.2%
Assets/Debt
Total Assets $429,158,985
Total Liabilities $369,380,684
Net Assets $59,778,301
Compensation
Key Employees and Officers Compensation Related Other
Robert W Gustafson (President/Ceo) $348,692 $0 $25,849
Stephen Spooner (Senior Vp/Cfo) $182,944 $0 $34,892
Paul Pijanowski (Senior Vp) $127,698 $0 $31,778
Mark Hennessy (Vice President) $126,400 $0 $31,652
Cheryl Mccormick (Vice President) $116,887 $0 $31,113
Donna Moran (Vice President) $115,291 $0 $30,962
Robert Sims (Director) $1,905 $0 $1,218
Arthur Sullivan (Director) $370 $0 $420
F Robert Silverstein (Director) $354 $0 $1,218
Paul Marino (Director) $268 $0 $420
James Mihos (Chairman Of The Board) $0 $0 $0
Howard Spiller (Vice Chairman) $0 $0 $1,218
Jean Caputo Williams (Vice Chairman) $0 $0 $420
David Goodman (Treasurer) $0 $0 $0
Alfred Niccoli (Clerk) $0 $0 $0
Herbert Nagle (Director) $0 $0 $420
John Kolentsas (Director) $0 $0 $420
Antonio Macedo (Director) $0 $0 $420
William Rosa (Director) $0 $0 $420

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,977,536
Expenses
$14,124,648
Net Income
$2,852,888
Net Assets
$56,628,642
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,187,863
95.3%
Investment Income $632,421
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $36,854
0.2%
Net Fundraising $0
Sales of Assets $120,398
0.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $576,457
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $4,249,320
30.1%
Assets/Debt
Total Assets $434,556,512
Total Liabilities $377,927,870
Net Assets $56,628,642
Compensation
Key Employees and Officers Compensation Related Other
Robert W Gustafson (President/Ceo) $334,110 $0 $24,716
Stephen Spooner (Senior Vp/Cfo) $174,711 $0 $31,375
Nancy Van Lenten (Mortgage Originator) $136,843 $0 $8,734
Paul Pijanowski (Senior Vp) $112,109 $0 $27,817
Cheryl Mccormick (Vice President) $111,917 $0 $27,822
Donna Moran (Vice President) $110,936 $0 $27,679
Robert Sims (Director) $1,371 $0 $1,218
Paul Marino (Director) $893 $0 $420
William Rosa (Director) $601 $0 $420
James Mihos (Chairman Of The Board) $0 $0 $0
Howard Spiller (Vice Chairman) $0 $0 $1,218
Jean Caputo Williams (Vice Chairman) $0 $0 $420
David Goodman (Treasurer) $0 $0 $0
Alfred Niccoli (Clerk) $0 $0 $0
F Robert Silverstein (Director) $0 $0 $1,218
Herbert Nagle (Director) $0 $0 $420
John Kolentsas (Director) $0 $0 $420
Antonio Macedo (Director) $0 $0 $420
Arthur Sullivan (Director) $0 $0 $420

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,431,050
Expenses
$14,497,964
Net Income
$1,933,086
Net Assets
$53,914,369
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,749,899
95.9%
Investment Income $639,258
3.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $34,209
0.2%
Net Fundraising $0
Sales of Assets $7,684
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $567,007
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $4,381,336
30.2%
Assets/Debt
Total Assets $429,538,860
Total Liabilities $375,624,491
Net Assets $53,914,369
Compensation
Key Employees and Officers Compensation Related Other
Robert W Gustafson (President/Ceo) $328,556 $0 $23,784
Stephen Spooner (Senior Vp/Cfo) $173,826 $0 $29,677
Paul Pijanowski (Senior Vp) $131,185 $0 $27,290
Donna Moran (Vice President) $111,391 $0 $25,959
Cheryl Mccormick (Vice President) $102,618 $0 $25,577
Paul Marino (Treasurer) $1,302 $0 $420
Robert Sims (Director) $1,129 $0 $1,218
James Mihos (Chairman Of The Board) $0 $0 $0
Howard Spiller (Vice Chairman) $0 $0 $1,218
Jean Caputo Williams (Vice Chairman) $0 $0 $420
Alfred Niccoli (Clerk) $0 $0 $0
F Robert Silverstein (Director) $0 $0 $1,218
Herbert Nagle (Director) $0 $0 $420
David Goodman (Director) $0 $0 $0
John Kolentsas (Director) $0 $0 $420
Antonio Macedo (Director) $0 $0 $420
William Rosa (Director) $0 $0 $420
Arthur Sullivan (Director) $0 $0 $420

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,100,905
Expenses
$15,914,786
Net Income
$1,186,119
Net Assets
$51,755,617
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,377,543
95.8%
Investment Income $588,419
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $49,137
0.3%
Net Fundraising $0
Sales of Assets $85,806
0.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $572,830
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $4,668,099
29.3%
Assets/Debt
Total Assets $425,618,925
Total Liabilities $373,863,308
Net Assets $51,755,617
Compensation
Key Employees and Officers Compensation Related Other
Robert W Gustafson (President/Ceo) $313,429 $0 $32,404
Stephen Spooner (Senior Vp/Cfo) $165,546 $0 $34,113
Paul Pijanowski (Senior Vp) $126,969 $0 $30,375
William Rosa (Chairman Of The Board) $15,904 $0 $420
Robert Sims (Director) $1,475 $0 $1,218
F Robert Silverstein (Director) $1,418 $0 $1,218
Alfred Niccoli (Clerk) $1,019 $0 $0
Arthur Sullivan (Director) $978 $0 $420
Paul Marino (Treasurer) $685 $0 $420
James Mihos (First Vice Chairman) $0 $0 $0
Howard Spiller (Second Vice Chairman) $0 $0 $1,218
Herbert Nagle (Director) $0 $0 $105
David Goodman (Director) $0 $0 $0
John Kolentsas (Director) $0 $0 $0
Antonio Macedo (Director) $0 $0 $420
Jean Caputo Williams (Director) $0 $0 $420

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,075,375
Expenses
$16,644,850
Net Income
$1,430,525
Net Assets
$50,120,427
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,107,772
94.6%
Investment Income $568,745
3.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $38,330
0.2%
Net Fundraising $0
Sales of Assets $360,528
2.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $555,805
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $4,482,881
26.9%
Assets/Debt
Total Assets $401,800,663
Total Liabilities $351,680,236
Net Assets $50,120,427

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,289,562
Expenses
$17,777,499
Net Income
$1,512,063
Net Assets
$48,638,000
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,402,094
95.4%
Investment Income $636,413
3.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $103,405
0.5%
Net Fundraising $0
Sales of Assets $147,650
0.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $543,761
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $4,442,923
25.0%
Assets/Debt
Total Assets $405,253,009
Total Liabilities $356,615,009
Net Assets $48,638,000

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.

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