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Filing year 2024

Boston Firefighters Credit Union

Dorchester, Massachusetts·EIN 04-2077206·501(c)(14)
Total revenue
$21.8M
Total assets
$420.6M
Total expenses
$18.3M
Reported officers
23
Mission

PROVIDE FINANCIAL SERVICES TO OUR MEMBERS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President & CEO
Above 90th percentile
$517k
$552k
Base
$359k
Bonus
$26k
Other
$46k
Benefits
$24k
Evp/coo (resigned 12/2024)
Officer (Unspecified)
$354k
$378k
Base
$258k
Bonus
$31k
Other
$38k
Benefits
$9k
Svp/cfo
Officer (Unspecified)
$246k
$263k
Base
$182k
Bonus
$21k
Other
$11k
Benefits
$223
SVP Mbl
Senior Vice President
Median to 75th percentile
$242k
$258k
Base
$189k
Bonus
$10k
Other
$4k
Benefits
$25k
Svp/cio
Officer (Unspecified)
$224k
$239k
Base
$154k
Bonus
$14k
Other
$5k
Benefits
$24k
Evp/coo (retired 4/2024)
Officer (Unspecified)
$220k
$235k
Base
$65k
Bonus
$22k
Other
$114k
Benefits
$3k
VP Member Services
Vice President
75th to 90th percentile
$178k
$190k
Base
$139k
Bonus
$9k
Other
$5k
Benefits
$2k
Controller
Median to 75th percentile
$172k
$183k
Base
$124k
Bonus
$8k
Other
$3k
Benefits
$17k
VP Lending
Vice President
75th to 90th percentile
$165k
$176k
Base
$127k
Bonus
$9k
Other
$8k
Benefits
Financial Advisor
Highest Compensated Employee
25th percentile to median
$151k
$162k
Base
$92k
Bonus
$32k
Other
$702
Benefits
$9k
IT Systems Officer
Highest Compensated Employee
25th percentile to median
$146k
$156k
Chairman
Board Chair
25th percentile to median
$13k
$13k
Treasurer/clerk
Officer (Unspecified)
$6k
$7k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Up 14%
from 2023

From $453k in 2023 to $517k in 2024.

$453k
2023
$517k
2024
In today's dollarsEst.
Up 11% in real terms$499k to $552k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 14% from 2023 to 2024, while revenue rose 7%.

$453k in 2023 to $517k in 2024.
  • Senior Vice President pay rose 124% from 2023 to 2024.
  • Vice President pay rose 3% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Boston Firefighters Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$20.4M
$16.7M
2023
$21.8M
$18.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Boston Firefighters Credit Union

What does the Chief Executive Officer of Boston Firefighters Credit Union earn?

In 2024, the Chief Executive Officer of Boston Firefighters Credit Union received $516,734 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Boston Firefighters Credit Union compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Boston Firefighters Credit Union falls in the top 10%.

What are Boston Firefighters Credit Union's revenue and expenses?

In 2024, Boston Firefighters Credit Union reported $21.8M in total revenue and $18.3M in total expenses on its IRS Form 990.

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