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Filing year 2023

MASS CREDIT UNION SHARE INSURANCE CORP

Newton, Massachusetts·EIN 04-2296410·6
Total revenue
$6.8M
Total assets
$97.4M
Total expenses
$7.6M
Reported officers
14
Mission

MASSACHUSETTS CREDIT UNION SHARE INSURANCE CORPORATION'S MISSION IS TO PROMOTE AND STRENGTHEN THE CREDIT UNION MOVEMENT BY PROVIDING EXCESS SHARE AND DEPOSIT INSURANCE AND ASSOCIATED SERVICES FOR CREDIT UNIONS AND THEIR MEMBERS WHILE PRESERVING THE INTEGRITY OF THE FUND.

Executive compensation, broken down

Form 990 · Schedule J · 13 reported individuals · Filing year 2023

$1M
$1.1M
Base
$691k
Bonus
$131k
Other
$121k
Benefits
$25k
$300k
$330k
Base
$200k
Bonus
$40k
Other
$2k
Benefits
$35k
VP of Technology / Securit
vice president
$210k
$231k
Base
$140k
Bonus
$25k
Other
$4k
Benefits
$25k
Director of Training and Member Services
director (operational)
$139k
$153k
Director
board member
$7k
$7k
Director
board member
$7k
$7k
Director
board member
$7k
$7k
Director
board member
$6k
$7k
Director
board member
$6k
$6k
Director
board member
$6k
$6k
Director
board member
$5k
$5k
Director
board member
$4k
$5k
Director
board member
$4k
$4k

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 1 unpaid individual.

Down 4%
from 2022

From $1M in 2022 to $1M in 2023.

$1M
2022
$1M
2023
In today's dollarsEst.
Down 7% in real terms$1.2M to $1.1M

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.

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

Revenue and expenses over time

MASS CREDIT UNION SHARE INSURANCE CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.8M
$5.5M
2022
$6.8M
$7.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
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