EIN 04-2393313

Homefield Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
40
Year formed
1966
Most recent tax filings
2022-12-01
Description
Homefield Credit Union was established with a mission to serve its members and provide innovative products and quality services that meet their full range of needs. It offers a variety of deposit products such as checking and savings accounts, certificates of deposit, IRA, and money market accounts. The credit union also provides financing for home and business loans including purchase and refinance transactions. As of 12/31/22, it has 760 loans on its balance sheet. The credit union operates in North Grafton, MA.
Also known as...
Grafton Suburban Credit Union
Total revenues
$6,532,037
2022
Total expenses
$5,770,550
2022
Total assets
$169,959,966
2022
Num. employees
40
2022

Program areas at Homefield Credit Union

To provide financing for home and business loans, both purchase and refinance transactions. As of 12/31/22 there were 760 of these loans on the balance sheet of the Credit Union.
To provide consumer loans both unsecured and secured by automobiles, rv's, etc. As of 12/31/22 there were 6,679 of these loans on the balance sheet of the Credit Union.
To provide deposit products for daily financial needs as well as investment alternatives. Products include checking and saving accounts, certificates of deposit, ira and money market accounts. Members have a total of 10,912 deposit accounts with the Credit Union as of 12/31/22.

Personnel at Homefield Credit Union

NameTitleCompensation
Karl J. MoisanPresident and Chief Executive Officer$241,675
Julie DelongExecutive Vice President , Chief Financial Officer and Chief Operating Officer$162,964
Julie Delong TrippChief Operating Officer$209,200
Maureen WojnarSenior Vice President, Information Systems
Jennifer MarbleSenior Vice President , Clo and Chief Commercial Officer$160,882
...and 3 more key personnel

Financials for Homefield Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$5,866,547
Investment income and dividends$665,490
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,532,037

Form 990s for Homefield Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-10990View PDF
2021-122022-05-09990View PDF
2020-122021-04-13990View PDF
2019-122021-06-07990View PDF
2018-122019-06-19990View PDF
...and 9 more Form 990s

Organizations like Homefield Credit Union

OrganizationLocationRevenue
Soundview Financial Credit UnionBethel, CT$1,675,515
Frontier Community Credit UnionLeavenworth, KS$9,882,689
Assemblies of God Credit UnionSpringfield, MO$16,786,554
United Consumers Credit UnionIndependence, MO$9,982,754
Cornerstone Credit UnionFreeport, IL$6,965,510
Cooperativa de Ahorro Y Credito HatilloHatillo, PR$7,701,719
Cooperativa de Ahorro Y Credito MorovenaMorovis, PR$4,630,080
Cooperativa de Ahorro Y Credito Vega AltaPuerto Rico, $13,579,909
Foundation Credit UnionSpringfield, MO$2,698,734
Arsenal Credit Union (ACU)Arnold, MO$21,467,724
Data update history
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
February 9, 2023
Updated personnel
Identified 2 new personnel
July 8, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 3, 2022
Updated personnel
Identified 1 new personnel
October 1, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
86 Worcester St
North Grafton, MA 01536
Metro area
Worcester, MA-CT
County
Worcester County, MA
Website URL
homefieldcu.com/ 
Phone
(508) 839-5493
IRS details
EIN
04-2393313
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1966
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
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