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Filing year 2024

ST MARY'S CREDIT UNION INC

Marlborough, Massachusetts·EIN 04-1802000·501(c)(14)
Total revenue
$44.8M
Total assets
$1B
Total expenses
$42.9M
Reported officers
35
Mission

TO PROVIDE OUR MEMBERS/OWNERS WITH SUPERIOR FINANCIAL PRODUCTS AND SERVICES WITH FAVORABLE PRICING DELIVERED THROUGH ATTENTIVE, CONVENIENT AND COST-EFFECTIVE DELIVERY CHANNELS WHILE MAINTAINING A STRONG AND SAFE FINANCIAL CONDITION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 32 reported individuals · Filing year 2024

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

President & CEO
Above 90th percentile
$317k
$339k
Base
$226k
Bonus
$65k
Other
Benefits
Svp, Senior Lending Officer
Senior Vice President
Median to 75th percentile
$309k
$330k
Base
$231k
Bonus
$33k
Other
Benefits
$21k
Interim President/ceo
Above 90th percentile
$307k
$327k
Base
$246k
Bonus
$16k
Other
Benefits
$21k
CFO & SVP Finance
Above 90th percentile
$287k
$306k
Base
$253k
Bonus
$17k
Other
Benefits
SVP Retail Services
Senior Vice President
Median to 75th percentile
$224k
$240k
Base
$163k
Bonus
$26k
Other
Benefits
$21k
SVP Small Business Lending
Senior Vice President
25th percentile to median
$194k
$207k
Base
$150k
Bonus
$8k
Other
Benefits
$21k
VP Real Estate Lending
Vice President
75th to 90th percentile
$182k
$194k
Base
$142k
Bonus
$6k
Other
Benefits
$21k
VP & Controller
Controller
75th to 90th percentile
$182k
$194k
Base
$142k
Bonus
$6k
Other
Benefits
$21k
SVP CTO
Senior Vice President
25th percentile to median
$182k
$194k
Base
$80k
Bonus
Other
$94k
Benefits
$456
VP Member Solutions
Vice President
75th to 90th percentile
$174k
$186k
Base
$136k
Bonus
$5k
Other
Benefits
$21k
Mortgage Originator
Highest Compensated Employee
Median to 75th percentile
$166k
$177k
Base
$48k
Bonus
$92k
Other
Benefits
$21k
IT Solutions Lead
Highest Compensated Employee
25th percentile to median
$163k
$174k
Base
$125k
Bonus
$6k
Other
Benefits
$21k
SVP HR
Senior Vice President
25th percentile to median
$157k
$167k
Base
$139k
Bonus
$3k
Other
$15k
Benefits
VP Business Development
Vice President
75th to 90th percentile
$156k
$167k
Base
$131k
Bonus
$5k
Other
Benefits
$8k
VP Consumer Lending
Vice President
75th to 90th percentile
$154k
$164k
Base
$114k
Bonus
$7k
Other
Benefits
$21k
VP Indirect Lending
Vice President
75th to 90th percentile
$148k
$157k
Directors of Facilities
Highest Compensated Employee
25th percentile to median
$145k
$155k
AVP Mortgage Lending Manager & Underwriter
Highest Compensated Employee
25th percentile to median
$145k
$154k
VP Branch Manager
Vice President
75th to 90th percentile
$139k
$149k
IT Network System Administ
Highest Compensated Employee
25th percentile to median
$131k
$140k
SVP Cheif Information Officer
Senior Vice President
10th to 25th percentile
$107k
$115k
VP Commercial Loan Officer
Vice President
Median to 75th percentile
$45k
$48k
VP Compliance
Vice President
Median to 75th percentile
$39k
$41k
Chairman Director
Board Chair
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$8k
$8k
Director
Board Member
25th percentile to median
$8k
$8k
Director
Board Member
25th percentile to median
$7k
$8k
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
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k

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 3 unpaid individuals.

Down 31%
from 2023

From $460k in 2023 to $317k in 2024.

$460k
2023
$317k
2024
In today's dollarsEst.
Down 33% in real terms$507k to $339k

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

Chief Executive Officer pay fell 31% from 2023 to 2024, while revenue rose 9%.

$460k in 2023 to $317k in 2024.
  • Senior Vice President pay rose 12% from 2023 to 2024.
  • Chief Financial Officer pay rose 22% 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.
Financial trend

Revenue and expenses over time

ST MARY'S CREDIT UNION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$41.1M
$36.8M
2023
$44.8M
$42.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ST MARY'S CREDIT UNION INC

What does the Chief Executive Officer of ST MARY'S CREDIT UNION INC earn?

In 2024, the Chief Executive Officer of ST MARY'S CREDIT UNION INC received $317,236 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 ST MARY'S CREDIT UNION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at ST MARY'S CREDIT UNION INC falls in the top 10%.

What are ST MARY'S CREDIT UNION INC's revenue and expenses?

In 2024, ST MARY'S CREDIT UNION INC reported $44.8M in total revenue and $42.9M in total expenses on its IRS Form 990.

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