named programs · 1 · from sources
What they call their work
Member Financial Services
Provides savings accounts, checking accounts, personal and auto loans, and other financial products to employees and retirees of St Gobain, Norton, and Nashua Companies
activities · 1 group
What they do
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Credit Union Financial Services 1 activity
- Providing financial services to company employees and retireesOffers financial services to employees and retirees of St Gobain, Norton, and Nashua Companies, operating as a credit union focused on this specific membership base.
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financials · form 990 · fy2021
revenue
Total revenue$47K
Contributions & grants$00%
Program service revenue$00%
Investment income$47K99%
Other revenue$337
expenses
Total expenses$115K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$88K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$5.11M
Cash$3.90M
Investments$0
Liabilities$4.24M
Net assets$868K
Liquid reserves408.5 mo
2 years on record · 2020–2021 · YoY revenue -64.2%
leadership · form 990 part vii · fy2021
Who runs it
paid leadership · 4
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| Joan Theilmann | Manager | 35 | $42K |
| Stacey Drabik | Assistant Manager | 35 | $29K |
| Nancy OMalley | Accounting Manager | 12 | $6K |
| Robert Goyer | Secretary | 20 | $3K |
board members · 6
- Brian Skiba — Supervisory Committee
- John Fecura — Supervisory Committe
- John Goyer — Supervisory Committee
- Richard Hennessey — Supervisory Committee
- Robert Stewart — Chairman
- Roderick Cripps — Vice Chairman
relationships · 3
Who they work with
- Nashua Companies Partner — Affiliated company providing membership eligibility
- Norton Partner — Affiliated company providing membership eligibility
- St Gobain Partner — Primary affiliation for membership eligibility
strategies · 1
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Closed-Membership Credit Union Modelmethodology: closed_membership_credit_unionBy limiting membership to employees and retirees of specific companies, the credit union fosters a trusted, community-based financial environment because shared employment ties increase accountability, reduce risk, and strengthen member engagement.