STATE CHARTERED CREDIT UNION
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.
- Base
- $438k
- Bonus
- —
- Other
- —
- Benefits
- $27k
- Base
- $161k
- Bonus
- —
- Other
- —
- Benefits
- $9k
- Base
- $129k
- Bonus
- —
- Other
- —
- Benefits
- $19k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentilevs Public & Societal Benefit peers in Massachusetts | $438k | — | — | $27k | $501k $535k |
COO Median to 75th percentile | $161k | — | — | $9k | $177k $189k |
VP Lending Operations Board Vice President 25th percentile to median | $129k | — | — | $19k | $159k $170k |
Controller 25th percentile to median | — | — | — | — | $140k $149k |
VP Operations Board Vice President 10th to 25th percentile | — | — | — | — | $104k $111k |
Former CFO 25th percentile to median | — | — | — | — | $86k $92k |
CFO 25th percentile to median | — | — | — | — | $78k $83k |
Former Clo Officer (Unspecified) | — | — | — | — | $47k $50k |
Chair Board Chair 25th percentile to median | — | — | — | — | $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 9 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at TREMONT CREDIT UNION equaled 3% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 7%
from 2023
From $467k in 2023 to $501k in 2024.
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 rose 7% from 2023 to 2024, while revenue rose 2%.
- Controller pay rose 15% from 2023 to 2024.
- Chief Financial Officer pay fell 60% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about TREMONT CREDIT UNION
What does the Chief Executive Officer of TREMONT CREDIT UNION earn?
In 2024, the Chief Executive Officer of TREMONT CREDIT UNION received $500,968 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal Benefit organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at TREMONT CREDIT UNION compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at TREMONT CREDIT UNION falls in the top 10%. In 2024, the highest total compensation at TREMONT CREDIT UNION equaled 3% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are TREMONT CREDIT UNION's revenue and expenses?
In 2024, TREMONT CREDIT UNION reported $14.3M in total revenue and $14.9M in total expenses on its IRS Form 990.
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