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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Brotherhood Credit Union

Brotherhood Credit Union

Fiscal year ending 2020. Filed on November 12, 2021.

75 Market Street
Lynn, Massachusetts 01901

Brotherhood Credit Union (EIN: 04-1126132) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Brotherhood Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 3 out of 22 total employees. Among the employees shown here, the average compensation is $152,984. The highest compensated employee at Brotherhood Credit Union is Marilyn Desimone with fiscal year 2020 compensation of $170,145.

Revenue, expenses, and employee compensation

Revenue

$301,182

Expenses

$3,240,080

Employee compensation

$1,546,527
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Marilyn Desimone
SR Operation
$170,145
$137,747 No related comp$32,398
Adam H Sherman
President
$156,077
$124,634 No related comp$31,443
James J Sherman
Director
$132,731
$124,226 No related comp$8,505

Benchmark Employee Compensation

Non-Employee Board Members

Darren Klein
Director
Edward I Shadoff
Director
Howard Field
Director
Hubert Kreplick
Clerk
Jose Alas-Ruiz
Director
Martin Shuman
Treasurer
Michael Cohen
Director
Richard Kessel
Director
Scott Sagan
Director

Contractors

Fiserv
IT
$330,938

Mission Statement

CREDIT UNION MEMBER SERVICES

Revisions to this organization profile

October 15, 2025:
2024 Brotherhood Credit Union 990 filed
November 8, 2024:
2023 Brotherhood Credit Union 990 filed
October 31, 2023:
2022 Brotherhood Credit Union 990 filed

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