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Filing year 2023

NEW BEDFORD CREDIT UNION

New Bedford, Massachusetts·EIN 04-1659235·501(c)(14)
Total revenue
$7.4M
Total assets
$162M
Total expenses
$6.2M
Reported officers
19
Mission

CREDIT UNION - PROVIDE THRIFT SERVICES TO MEMBERS WITH THE BEST SERVICE POSSIBLE.

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.

President/ceo
75th to 90th percentile
$252k
$281k
Base
$207k
Bonus
$8k
Other
Benefits
$25k
VP Risk Management & Training
Vice President
Median to 75th percentile
$123k
$137k
Controller, VP
Controller
25th percentile to median
$115k
$128k
VP Human Resources
Vice President
Median to 75th percentile
$95k
$106k
VP Lending
Vice President
Median to 75th percentile
$92k
$103k
CFO
Median to 75th percentile
$92k
$103k
VP Finance/controller
Vice President
25th percentile to median
$24k
$27k
VP Operations
Vice President
25th percentile to median
$23k
$26k
Chairman
Board Chair
25th percentile to median
$19k
$21k
VP Retail Services/branch Admin
Vice President
25th percentile to median
$17k
$19k
VP Retail Services/branch Administration
Vice President
25th percentile to median
$10k
$11k
Treasurer & Clerk
Officer (Unspecified)
$7k
$8k
VP Operations
Vice President
10th to 25th percentile
$6k
$7k

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 6 unpaid individuals.

FAQ

Common questions about NEW BEDFORD CREDIT UNION

What does the Chief Executive Officer of NEW BEDFORD CREDIT UNION earn?

In 2023, the Chief Executive Officer of NEW BEDFORD CREDIT UNION received $251,785 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEW BEDFORD CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at NEW BEDFORD CREDIT UNION falls between the 75th and 90th percentiles.

What are NEW BEDFORD CREDIT UNION's revenue and expenses?

In 2023, NEW BEDFORD CREDIT UNION reported $7.4M in total revenue and $6.2M in total expenses on its IRS Form 990.

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