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Filing year 2024

LYNN TEACHERS CREDIT UNION

Lynn, Massachusetts·EIN 04-1564245·14
Total revenue
$297k
Total assets
$4.9M
Total expenses
$235k
Reported officers
12
Mission

LYNN TEACHERS CREDIT UNION IS A CORPORATION PROVIDING FINANCIAL SERVICES TO THE TEACHERS AND EMPLOYEES OF THE LYNN SCHOOL DEPARTMENT.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

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

Manager
Board Member
75th to 90th percentile
$76k
$81k
Treas/loan Officer
Officer (Unspecified)
$16k
$17k

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 9%
from 2023

From $69k in 2023 to $76k in 2024.

$69k
2023
$76k
2024
In today's dollarsEst.
Up 6% in real terms$76k to $81k

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

Board Member pay rose 9% from 2023 to 2024, while revenue rose 23%.

$69k in 2023 to $76k in 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

LYNN TEACHERS CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$242k
$231k
2023
$297k
$235k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LYNN TEACHERS CREDIT UNION

What does the Board Member of LYNN TEACHERS CREDIT UNION earn?

In 2024, the Board Member of LYNN TEACHERS CREDIT UNION received $76,031 in total compensation. This pay is in the top quarter for Board Member roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at LYNN TEACHERS CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at LYNN TEACHERS CREDIT UNION falls between the 75th and 90th percentiles.

What are LYNN TEACHERS CREDIT UNION's revenue and expenses?

In 2024, LYNN TEACHERS CREDIT UNION reported $297k in total revenue and $235k in total expenses on its IRS Form 990.

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