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 · Part VII & Schedule J · 13 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $691k
- Bonus
- $131k
- Other
- $121k
- Benefits
- $25k
- Base
- $200k
- Bonus
- $40k
- Other
- $2k
- Benefits
- $35k
- Base
- $140k
- Bonus
- $25k
- Other
- $4k
- Benefits
- $25k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo Above 90th percentile | $691k | $131k | $121k | $25k | $1M $1.1M |
Treasurer Above 90th percentile | $200k | $40k | $2k | $35k | $300k $330k |
VP of Technology / Securit Vice President 75th to 90th percentile | $140k | $25k | $4k | $25k | $210k $231k |
Director of Training and Member Services Director (Operational) Median to 75th percentile | — | — | — | — | $139k $153k |
Director Board Member 25th percentile to median | — | — | — | — | $7k $7k |
Director Board Member 25th percentile to median | — | — | — | — | $7k $7k |
Director Board Member 25th percentile to median | — | — | — | — | $7k $7k |
Director Board Member 25th percentile to median | — | — | — | — | $6k $7k |
Director Board Member 25th percentile to median | — | — | — | — | $6k $6k |
Director Board Member 25th percentile to median | — | — | — | — | $6k $6k |
Director Board Member 25th percentile to median | — | — | — | — | $5k $5k |
Director Board Member 10th to 25th percentile | — | — | — | — | $4k $5k |
Director Board Member 10th to 25th percentile | — | — | — | — | $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.
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.
Chief Executive Officer pay fell 4% from 2022 to 2023, while revenue rose 43%.
- Chief Financial Officer pay rose 4% from 2022 to 2023.
- Vice President pay fell 7% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
MASS CREDIT UNION SHARE INSURANCE CORP reported revenue and expenses across 2 filing years.
Common questions about MASS CREDIT UNION SHARE INSURANCE CORP
What does the Chief Executive Officer of MASS CREDIT UNION SHARE INSURANCE CORP earn?
In 2023, the Chief Executive Officer of MASS CREDIT UNION SHARE INSURANCE CORP received $1,000,784 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MASS CREDIT UNION SHARE INSURANCE CORP compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at MASS CREDIT UNION SHARE INSURANCE CORP falls in the top 10%.
What are MASS CREDIT UNION SHARE INSURANCE CORP's revenue and expenses?
In 2023, MASS CREDIT UNION SHARE INSURANCE CORP reported $6.8M in total revenue and $7.6M in total expenses on its IRS Form 990.
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