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Filing year 2024

LIBERTY BAY CREDIT UNION

Braintree, Massachusetts·EIN 04-1896000·NTEE W61Z · Public & Societal Benefit·501(c)(14)
Total revenue
$39.2M
Total assets
$808.1M
Total expenses
$36.7M
Reported officers
26
Mission

LIBERTY BAY CREDIT UNION EXISTS TO BE A RESPONSIBLE AND RELEVANT FINANCIAL PARTNER TO ITS MEMBERS, EMPLOYEES, AND THE COMMUNITIES THAT IT SERVES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 26 reported individuals · Filing year 2024

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

Former President & CEO
Former Officer/director/trustee
Above 90th percentile
$592k
$632k
Base
$389k
Bonus
$164k
Other
Benefits
$5k
SVP & Chief Financial Offi
Senior Vice President
Median to 75th percentile
$309k
$330k
Base
$225k
Bonus
$28k
Other
Benefits
$31k
Chief Compliance & Cra Off
Officer (Unspecified)
$308k
$329k
Base
$224k
Bonus
$28k
Other
Benefits
$31k
SVP & CIO
Chief Information Officer
Median to 75th percentile
$293k
$313k
Base
$211k
Bonus
$26k
Other
Benefits
$33k
SVP People Operations
Senior Vice President
25th percentile to median
$293k
$313k
Base
$212k
Bonus
$26k
Other
Benefits
$31k
SVP & Senior Lending Offic
Senior Vice President
25th percentile to median
$288k
$307k
Base
$208k
Bonus
$26k
Other
Benefits
$30k
President / CEO
Median to 75th percentilevs Public & Societal Benefit peers in Massachusetts
$205k
$219k
Base
$182k
Bonus
Other
Benefits
$5k
VP Deposit Operations
Board Vice President
Median to 75th percentile
$201k
$214k
Base
$142k
Bonus
$12k
Other
Benefits
$31k
VP Mortgage
Board Vice President
Median to 75th percentile
$192k
$204k
Base
$149k
Bonus
$13k
Other
Benefits
$13k
VP Brand & Member Experien
Board Vice President
25th percentile to median
$176k
$188k
Base
$137k
Bonus
$12k
Other
Benefits
$13k
Business Banking Officer
Highest Compensated Employee
25th percentile to median
$160k
$171k
Base
$131k
Bonus
$4k
Other
Benefits
$12k
Chief Administrative Offic
Officer (Unspecified)
$160k
$171k
Base
$113k
Bonus
$26k
Other
Benefits
$7k
VP Human Resources
Board Vice President
25th percentile to median
$160k
$170k
Base
$122k
Bonus
$11k
Other
Benefits
$13k
Secretary
Board Secretary
75th to 90th percentile
$20k
$21k
Bod Chairman
Board Chair
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$8k
$8k
Director
Board Member
25th percentile to median
$8k
$8k
Treasurer
Board Treasurer
Median to 75th percentile
$5k
$5k
Director
Board Member
Below 10th percentile
$82
$88
Audit Committee Chairman
Board Chair
Below 10th percentile
$82
$88
Director
Board Member
Below 10th percentile
$51
$54
Director
Board Member
Below 10th percentile
$51
$54
Director
Board Member
Below 10th percentile
$51
$54
Director
Board Member
Below 10th percentile
$51
$54
Director
Board Member
Below 10th percentile
$51
$54
Director
Board Member
Below 10th percentile
$51
$54

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.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LIBERTY BAY CREDIT UNION equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
2%
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.

Down 30%
from 2023

From $844k in 2023 to $592k in 2024.

$844k
2023
$592k
2024
In today's dollarsEst.
Down 32% in real terms$930k to $632k

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

Former Officer/director/trustee pay rose 26% from 2023 to 2024, while revenue rose 18%.

$470k in 2023 to $592k in 2024.
  • Senior Vice President pay rose 11% from 2023 to 2024.
  • Chief Information Officer 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.

Among peers

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

1
LIBERTY BAY CREDIT UNION2024
$592k
2
SOLDIER ON INC2023
$301k
Compare compensation across all Public & Societal Benefit organizations
FAQ

Common questions about LIBERTY BAY CREDIT UNION

What does the Former Officer/director/trustee of LIBERTY BAY CREDIT UNION earn?

In 2024, the Former Officer/director/trustee of LIBERTY BAY CREDIT UNION received $592,198 in total compensation. This pay is in the top 10% for Former Officer/director/trustee roles among Public & Societal Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Former Officer/director/trustee pay at LIBERTY BAY CREDIT UNION compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Former Officer/director/trustee at LIBERTY BAY CREDIT UNION falls in the top 10%. In 2024, the highest total compensation at LIBERTY BAY CREDIT UNION equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are LIBERTY BAY CREDIT UNION's revenue and expenses?

In 2024, LIBERTY BAY CREDIT UNION reported $39.2M in total revenue and $36.7M in total expenses on its IRS Form 990.

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