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Nonprofit · EIN 04-2391206

SHARON & CRESCENT CREDIT UNION

Tax-exempt · BROCKTON, MA 02301

Financials

$40M$32.1M2022$47.7M$43.5M2023$56M$52M2024$64.6M$55.2M2025
Revenue Expenses · by fiscal year end
Financials of SHARON & CRESCENT CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$64,589,422$55,248,140$9,341,282$1,398,577,334$1,224,093,063$174,484,271
December 31, 2024990$55,999,113$51,993,380$4,005,733$1,243,947,079$1,084,343,406$159,603,673
December 31, 2023990$47,733,917$43,495,047$4,238,870$1,247,271,764$1,098,101,412$149,170,352
December 31, 2022990$39,986,184$32,131,703$7,854,481$1,236,549,386$1,100,001,377$136,548,009
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$49,509,202
Investment income
$15,080,220
Net gain from sales of assets
-$93,353
Other revenue
$0

Expenses

Grants and similar amounts paid
$128,200
Benefits paid to members
$18,148,317
Compensation of officers, directors and key employees
$1,812,933
Other salaries and wages
$11,576,201
Salaries, compensation and benefits (total)
$17,156,700
Professional fundraising fees
$0
Accounting fees
$159,973
Occupancy
$3,382,199
Depreciation
$1,113,110

Balance sheet and other

Total assets, start of year
$1,243,947,079
Total assets, end of year
$1,398,577,334
Total liabilities, end of year
$1,224,093,063
Net assets, end of year
$174,484,271
Land, buildings and equipment
$11,593,546
Gross unrelated business income
$76,650
Gross receipts
$69,585,973
Employees
204
Volunteers
15
Year formed
1956
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
GLENN PARSONSPRESIDENT & CEO
Trustee or director, Officer
40$796,846$68,034
JEREMY PARKERCFO & TREASURER
Trustee or director, Officer
40$266,776$69,230
KEVIN BROWERCHIEF COMMERCIAL & CONSUMER OFFICER
Highest-paid employee
40$303,822$29,088
LINDA FOUNTAINCHIEF LENDING OFFICER
Key employee
40$266,048$44,162
MAUREEN GREGORYCHIEF RETAIL OFFICER
Highest-paid employee
40$247,143$45,331
JOSHUA PARKERCIO
Highest-paid employee
40$245,740$28,518
JENNIFER SPIECKERSVP-MARKETING
Highest-paid employee
40$224,871$27,631
DARLENE SILVASVP-HUMAN RESOURCES
Key employee
40$213,758$27,650
WILLIAM MOORECHIEF RISK OFFICER
Highest-paid employee
40$198,693$28,205
HOWARD SPILLERCHAIRMAN
Trustee or director, Officer
2$56,393$0
DAVID DOUCETTEVICE CHAIRMAN
Trustee or director, Officer
2$1,553$0
WILLIAM ROSADIRECTOR
Trustee or director
2$1,029$0
DAVID GOODMANDIRECTOR
Trustee or director
2$328$0
JOHN KOLENTSASDIRECTOR
Trustee or director
2$328$0
JAMES MIHOSDIRECTOR
Trustee or director
2$328$0
7 more people on this return
NameTitleHours / weekCompensation
ANDREW MCCORMACKDIRECTOR
Trustee or director
2$264
ALFRED NICCOLIDIRECTOR
Trustee or director
2$149
RON BECHTELDIRECTOR
Trustee or director
2$132
LAWRENCE GREENDIRECTOR
Trustee or director
2$132
CARL HUERTHDIRECTOR
Trustee or director
2$132
WILLIAM KEATINGDIRECTOR
Trustee or director
2$132
ANNE CARNEYSECRETARY
Trustee or director, Officer
2$44
990 for the year ended December 31, 2024: 21 people
NameTitleHours / weekCompensationOther / benefits
GLENN PARSONSPRESIDENT & CEO
Trustee or director, Officer
40$700,679$71,102
LINDA FOUNTAINCHIEF LENDING OFFICER
Key employee
40$248,734$44,631
JEREMY PARKERCFO & TREASURER
Trustee or director, Officer
40$243,936$45,266
MAUREEN GREGORYCHIEF RETAIL OFFICER
Highest-paid employee
40$228,959$45,053
JOSHUA PARKERCIO
Highest-paid employee
40$223,276$27,472
JENNIFER SPIECKERSVP - MARKETING
Highest-paid employee
40$202,968$28,325
DARLENE SILVASVP-HUMAN RESOURCES
Highest-paid employee
40$177,707$24,334
WILLIAM MOORECHIEF RISK OFFICER
Highest-paid employee
40$174,320$20,881
HOWARD SPILLERCHAIRMAN
Trustee or director, Officer
2$57,444$0
JAMES MIHOSDIRECTOR
Trustee or director
2$9,138$0
CARL HUERTHDIRECTOR
Trustee or director
2$8,708$0
LAWRENCE GREENDIRECTOR
Trustee or director
2$8,122$0
JOHN KOLENTSASDIRECTOR
Trustee or director
2$7,747$0
DAVID GOODMANDIRECTOR
Trustee or director
2$6,677$0
ALFRED NICCOLIDIRECTOR
Trustee or director
2$6,247$0
DAVID DOUCETTEVICE CHAIRMAN
Trustee or director, Officer
2$6,150$0
RON BECHTELDIRECTOR
Trustee or director
2$6,104$0
ANDREW MCCORMACKDIRECTOR
Trustee or director
2$6,101$0
WILLIAM ROSADIRECTOR
Trustee or director
2$4,957$0
ANNE CARNEYSECRETARY
Trustee or director, Officer
2$3,943$0
WILLIAM KEATINGDIRECTOR
Trustee or director
2$581$0
990 for the year ended December 31, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
GLENN PARSONSPRESIDENT & CEO
Trustee or director, Officer
40$548,555$69,386
JEREMY PARKERCFO & TREASURER
Trustee or director, Officer
40$227,230$64,964
LINDA FOUNTAINCHIEF LENDING OFFICER
Key employee
40$231,223$44,241
MAUREEN GREGORYCHIEF RETAIL OFFICER
Highest-paid employee
40$216,206$41,593
JOSHUA PARKERCIO
Highest-paid employee
40$208,438$25,952
JENNIFER SPIECKERSVP - MARKETING
Highest-paid employee
40$189,239$27,420
MARK HENNESSYSVP CONSUMER LENDING
Highest-paid employee
40$162,781$49,236
DARLENE SILVASVP-HUMAN RESOURCES
Highest-paid employee
40$164,903$22,097
JAMES L CARLSONPRESIDENT/CFO (THRU FEB 20
Trustee or director, Officer
40$114,381$17,494
JOHN KOLENTSASDIRECTOR
Trustee or director
2$8,906$0
ANDREW MCCORMACKDIRECTOR
Trustee or director
2$8,906$0
JAMES MIHOSDIRECTOR
Trustee or director
2$8,906$0
DAVID GOODMANDIRECTOR
Trustee or director
2$7,230$0
LAWRENCE GREENDIRECTOR
Trustee or director
2$7,189$0
ALFRED NICCOLIDIRECTOR
Trustee or director
2$6,552$0
WILLIAM ROSADIRECTOR
Trustee or director
2$5,918$0
DAVID DOUCETTEVICE CHAIRMAN
Trustee or director, Officer
2$5,623$0
RON BECHTELDIRECTOR
Trustee or director
2$5,345$0
CARL HUERTHDIRECTOR
Trustee or director
2$5,148$0
HOWARD SPILLERCHAIRMAN
Trustee or director, Officer
2$4,982$0
ANNE CARNEYSECRETARY
Trustee or director, Officer
2$3,219$0
WILLIAM KEATINGDIRECTOR
Trustee or director
2$0$0
WILLIAM MCINTOSHDIRECTOR
Trustee or director
2$0$0
ARTHUR SULLIVANDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2022: 25 people
NameTitleHours / weekCompensationOther / benefits
JAMES L CARLSONPRESIDENT/CFO (THRU FEB 2023)
Trustee or director, Officer
40$667,643$62,886
ROBERT W GUSTAFSONEXECUTIVE VP (THRU JUN 2022)
Trustee or director, Officer
40$295,036$26,401
LINDA FOUNTAINCHIEF LENDING OFFICER
Key employee
40$246,462$46,347
MAUREEN GREGORYCHIEF RETAIL OFFICER
Highest-paid employee
40$205,033$31,284
JOSHUA PARKERCIO
Highest-paid employee
40$208,041$13,977
MARK HENNESSYSVP CONSUMER LENDING
Highest-paid employee
40$168,129$52,691
JENNIFER SPIECKERSVP - MARKETING
Highest-paid employee
40$185,909$26,936
PAUL PIJANOWSKISVP INFORMATION TECHNOLOGY
Highest-paid employee
40$154,820$53,219
JEREMY PARKERCFO & TREASURER
Trustee or director, Officer
40$152,173$42,976
GLENN PARSONSPRESIDENT & CEO
Trustee or director, Officer
40$174,036$9,768
JAMES MIHOSDIRECTOR
Trustee or director
2$9,666$0
ANDREW MCCORMACKDIRECTOR
Trustee or director
2$9,490$0
HOWARD SPILLERCHAIRMAN
Trustee or director, Officer
2$9,490$0
DAVID GOODMANDIRECTOR
Trustee or director
2$8,262$0
JOHN KOLENTSASDIRECTOR
Trustee or director
2$7,984$0
LAWRENCE GREENDIRECTOR
Trustee or director
2$7,556$0
ALFRED NICCOLIDIRECTOR
Trustee or director
2$6,625$0
DAVID DOUCETTEVICE CHAIRMAN
Trustee or director, Officer
2$6,350$0
RON BECHTELDIRECTOR
Trustee or director
2$5,978$0
CARL HUERTHDIRECTOR
Trustee or director
2$5,424$0
WILLIAM ROSADIRECTOR
Trustee or director
2$4,649$0
ANNE CARNEYSECRETARY
Trustee or director, Officer
2$3,948$0
WILLIAM MCINTOSHDIRECTOR
Trustee or director
2$2,479$0
ARTHUR SULLIVANDIRECTOR
Trustee or director
2$1,284$0
WILLIAM KEATINGDIRECTOR
Trustee or director
2$875$0

Address and contacts

Address (IRS master file)
1300 BELMONT ST, BROCKTON, MA 02301-4433
Principal officer (990 for 2025)
GLENN PARSONS, 1300 BELMONT ST, BROCKTON, MA 02301
Signed the 990
JEREMY PARKER, CFO & TREASURER
Phone
(781) 784-7725
Return prepared by
WIPFLI ADVISORY LLC

Mission

OUR MISSION IS TO PROVIDE A FULL RANGE OF FINANCIAL SERVICES TO THE MEMBERS IN OUR COMMUNITY AT COMPETITIVE RATES WHILE EMPHASIZING FINANCIAL SOUNDNESS, CONVENIENCE AND EFFICIENT-FRIENDLY SERVICE, WHILE MAINTAINING A CHALLENGING, REWARDING AND ENRICHING ENVIRONMENT FOR ALL EMPLOYEES.

990 for the year ended December 31, 2025

Program accomplishments

  • SHARON & CRESCENT UNITED CREDIT UNION IS A MEMBER-OWNED ORGANIZATION COMMITTED TO PROVIDING SUPERIOR FINANCIAL SERVICES TO ITS MEMBERS AND THE COMMUNITY. AT 12/31/2025, THE CREDIT UNION HAD 17,668 LOANS OUTSTANDING TOTALING $947,975,930. ALSO MEMBERS HAD 129,066 DEPOSIT ACCOUNTS TOTALING $1,065,563,088. ADDITIONALLY MEMBERS HAD 1,298 SAFE DEPOSIT BOXES.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2391206
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1957
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,398,577,334
Income (IRS master file)
$69,585,973

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$64,589,422$55,248,140$1,398,577,334XML
990December 2024$55,999,113$51,993,380$1,243,947,079XML
990December 2023$47,733,917$43,495,047$1,247,271,764XML
990December 2022$39,986,184$32,131,703$1,236,549,386XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2391206).

Questions about SHARON & CRESCENT CREDIT UNION

What is the EIN of SHARON & CRESCENT CREDIT UNION?
The employer identification number (EIN) of SHARON & CRESCENT CREDIT UNION is 04-2391206.
Is SHARON & CRESCENT CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1957.
Are donations to SHARON & CRESCENT CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SHARON & CRESCENT CREDIT UNION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SHARON & CRESCENT CREDIT UNION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SHARON & CRESCENT CREDIT UNION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SHARON & CRESCENT CREDIT UNION?
The 990 for the year ended December 31, 2025 names GLENN PARSONS.
Who are the officers and directors of SHARON & CRESCENT CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 22 people; 22 received compensation from the organization, the highest $796,846 (GLENN PARSONS, PRESIDENT & CEO).
How much revenue does SHARON & CRESCENT CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $64,589,422, expenses of $55,248,140 and total assets of $1,398,577,334 at year end.

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