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Filing year 2023

CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION

Cranston, Rhode Island·EIN 05-0255777·NTEE W61Z · Public & Societal Benefit·501(c)(14)
Total revenue
$3.2M
Total assets
$83.6M
Total expenses
$3M
Reported officers
19
Mission

THE MISSION OF THE CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION IS TO PROVIDE OPPORTUNITY FOR MEMBERS TO SAVE AND BORROW FOR CURRENT AND FUTURE NEEDS AT A FINANCIALLY STRONG, MEMBER OWNED COOPERATIVE RESPONSIVE TO THEIR EXPANDING FINANCIAL SERVICE NEEDS. THE CREDIT UNION SEEKS TO PROVIDE OUTSTANDING SERVICE AT FAIR AND FAVORABLE RATES AND TERMS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

Treasurer/pr
Officer (Unspecified)
$223k
$249k
Base
$192k
Bonus
Other
Benefits
$20k
Credit Commi
Officer (Unspecified)
$148k
$166k
Chairperson
Board Chair
25th percentile to median
$10k
$11k
Secretary
Officer (Unspecified)
$7k
$8k
Credit Commi
Board Member
25th percentile to median
$6k
$6k
Assistant Tr
Officer (Unspecified)
$5k
$5k
Vice-chairpe
Officer (Unspecified)
$4k
$5k
Supervisory
Board Member
10th to 25th percentile
$4k
$4k
Credit Commi
Board Member
10th to 25th percentile
$3k
$4k
Board Member
10th to 25th percentile
$3k
$3k
Board Member
10th to 25th percentile
$2k
$3k
Board Member
10th to 25th percentile
$2k
$2k
Board Member
10th to 25th percentile
$2k
$2k
Board Member
10th to 25th percentile
$2k
$2k
Board Member
10th to 25th percentile
$2k
$2k
Supervisory
Board Member
Below 10th percentile
$2k
$2k
Supervisory
Board Member
Below 10th percentile
$865
$966

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION equaled 7% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2023)
7%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION

What does the Board Chair of CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION earn?

In 2023, the Board Chair of CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION received $10,155 in total compensation. This pay is below the median (the midpoint) for Board Chair roles among Public & Societal Benefit organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2023 pay of the Board Chair at CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION falls between the 25th percentile and the median. In 2023, the highest total compensation at CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION equaled 7% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION's revenue and expenses?

In 2023, CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION reported $3.2M in total revenue and $3M in total expenses on its IRS Form 990.

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