EIN 04-2079901

Workers' Federal Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
355
Year formed
1914
Most recent tax filings
2021-01-01
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
Robert S. LockettChief Strategy Officer , Senior Vice President , Diversified Services / Cso and Senior Vice President Diversified Services / Chief Strategy Officer and Senior Vice President Diversified Services$235,072
...and 10 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
July 13, 2023
Used new vendors
Identified 2 new vendors, including , and
July 5, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 18, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsCharities
Issues
No issues found
Characteristics
State / local levelTax deductible donations
General information
Address
119 Russell St
Littleton, MA 01460
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
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
Free account sign-up

Want updates when Workers' Federal Credit Union has new information, or want to find more organizations like Workers' Federal Credit Union?

Create free Cause IQ account