River Works Credit Union
Revenue
$10.2m
year to 31 December 2025
Expenses
$9.6m
year to 31 December 2025
Total assets
$184.6m
$167.8m liabilities
Net assets
$16.8m
assets less liabilities
Directors and trustees
11
6.1 years on average
Staff
26
8 volunteers
Chair observed
≥6 yrs
Kevin J Chiles
Left since last filing
0
no seats appear to have opened
River Works Credit Union's network
11 peoplei11 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (11). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
11 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 11 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Kevin J Chiles Chair | Chairperson | 2019 | 7 yrs |
| Colleen Twinem | AVP Operatio | 2021 | 5 yrs |
| George W Honor JR (also filed as George Honor) | Director | 2018 | 8 yrs |
| James Donahue | CEO/Treasure | 2018 | 8 yrs |
| John Magazzu | Director | 2025 | 1 yr |
| Keith Kenyon | Director | 2020 | 6 yrs |
| Kevin Monahan | Director | 2020 | 6 yrs |
| Nilson Garcia | Director | 2022 | 4 yrs |
| Paul Barron | Secretary/Di | 2018 | 8 yrs |
| Paul T Crowley (also filed as Paul Crowley) | Vice Chairpe | 2018 | 8 yrs |
| TIM Long | Director | 2024 | 2 yrs |
Officers and senior leadership
2 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| David Jensen | Loan Origina | 2024 |
| Peter Kopoulos | CFO | since 2022 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| James Donahue | CEO/Treasure | 40 | $218k | $33k | |
| Colleen Twinem | AVP Operatio | 40 | $155k | $9k | |
| Peter Kopoulos | CFO | 40 | $141k | $8k | |
| Paul T Crowley | Vice Chairpe | 25 | $7k | ||
| Kevin J Chiles | Chairperson | 10 | $0 | ||
| George Honor | Director | 10 | $0 | ||
| Paul Barron | Secretary/Di | 10 | $0 | ||
| Kevin Monahan | Director | 10 | $0 | ||
| Keith Kenyon | Director | 10 | $0 | ||
| Nilson Garcia | Director | 10 | $0 | ||
| Tim Long | Director | 10 | $0 | ||
| John Magazzu | Director | 10 | $0 |
About
- Legal name
- River Works Credit Union
- EIN
- 046061145
- Address
- 947 Western Ave, Lynn, MA, 01905-2640
- State
- Massachusetts
- Mission
- The promotion of thrift among its members by the accumulation of their savings and the loaning of such savings back to its members at a moderate rate of interest. (as filed on the Form 990)
- Activity (NTEE)
- W61Z Public and societal benefit
- IRS classification
- 501(c)14 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Public & Societal Benefit
- Size band
- 9 (IRS master file code)
- Formed
- 1936
- Principal officer
- James Donahue (as named on the Form 990)
- IRS ruling date
- 1 May 1945
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 8, latest 2025
Most connected
Longest observed on the filings
≥8years on the filingsGeorge W Honor JR
≥8years on the filingsJames Donahue
≥8years on the filingsPaul Barron
≥8years on the filingsPaul T Crowley
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $184.6m
- Total liabilities
- $167.8m
- Net assets or fund balances
- $16.8m
- Contributions and grants received
- $0
- Program service revenue
- $8.4m
- Employees
- 26
- Volunteers
- 8
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $8.3m | $7.8m | $429k |
As filed on the IRS Form 990. US dollars.