CSCharityScored
87

Freedom Credit Union

Other · Springfield, Massachusetts

1976 Main St, Springfield, MA 01103-1010

EIN: 041961180· Founded: Sep 1934· 92 years active· Filing Year: 2023

Annual Revenue

$34.5M

Total Expenses

$30.5M

Total Assets

$738.4M

Program Spending

92%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$2.9M

9.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$5.4M

Total Payroll

$8.3M

27% of total expenses

Where the Money Goes

92%
Programs: 92%
Payroll: 27%
Other overhead: 8%
Program Revenue$28.1M (81%)
Total Expenses$30.5M (88%)
Payroll$8.3M (27%)
Overhead (non-program)8%

Trust Score Breakdown

Program Spending Ratio

92% of expenses go to programs

40%

Revenue & Stability

$34.5M annual revenue

15%

Executive Compensation

$2.9M total officer comp (9.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$738.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.