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Filing year 2024

CITY OF BOSTON CREDIT UNION

South Boston, Massachusetts·EIN 04-1103180·501(c)(14)
Total revenue
$24.2M
Total assets
$552.7M
Total expenses
$28.1M
Reported officers
24
Mission

CREDIT UNION - THRIFT SERVICES

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024

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

Clo
Officer (Unspecified)
$231k
$246k
Base
$201k
Bonus
Other
Benefits
Executive Assistant
Highest Compensated Employee
Median to 75th percentile
$230k
$245k
Base
$180k
Bonus
Other
Benefits
$27k
Former Interim Ceo/vp Op.
Officer (Unspecified)
$196k
$210k
Base
$176k
Bonus
Other
Benefits
$3k
President & CEO
75th to 90th percentile
$177k
$189k
Base
$151k
Bonus
Other
Benefits
$5k
Operations Manager
Median to 75th percentile
$160k
$170k
Base
$116k
Bonus
Other
Benefits
$26k
Retail Manager
Highest Compensated Employee
25th percentile to median
$156k
$167k
Base
$113k
Bonus
Other
Benefits
$26k
Director of Lending
Highest Compensated Employee
25th percentile to median
$147k
$157k
Director of Retail
Highest Compensated Employee
25th percentile to median
$142k
$152k
Former Compliance Officer
Officer (Unspecified)
$136k
$145k
Marketing/ Finacial Analyst
Highest Compensated Employee
10th to 25th percentile
$129k
$138k
Former VP Lending
Vice President
Median to 75th percentile
$129k
$138k
Former VP Marketing
Vice President
Median to 75th percentile
$85k
$91k
CFO
25th percentile to median
$58k
$62k
Treasurer
Officer (Unspecified)
$11k
$12k
Chairperson
Board Chair
25th percentile to median
$11k
$12k
Clerk/secretary
Officer (Unspecified)
$11k
$12k

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 8 unpaid individuals.

Down 12%
from 2023

From $261k in 2023 to $231k in 2024.

$261k
2023
$231k
2024
In today's dollarsEst.
Down 14% in real terms$288k to $246k

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

Highest Compensated Employee pay rose 46% from 2023 to 2024, while revenue fell 6%.

$157k in 2023 to $230k in 2024.
  • Chief Executive Officer pay fell 32% from 2023 to 2024.
  • Operations Manager pay rose 19% 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

CITY OF BOSTON CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$25.9M
$29.2M
2023
$24.2M
$28.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CITY OF BOSTON CREDIT UNION

What does the Highest Compensated Employee of CITY OF BOSTON CREDIT UNION earn?

In 2024, the Highest Compensated Employee of CITY OF BOSTON CREDIT UNION received $229,564 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at CITY OF BOSTON CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at CITY OF BOSTON CREDIT UNION falls between the median and the 75th percentile.

What are CITY OF BOSTON CREDIT UNION's revenue and expenses?

In 2024, CITY OF BOSTON CREDIT UNION reported $24.2M in total revenue and $28.1M in total expenses on its IRS Form 990.

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