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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 Public & Societal Benefit Liberty Bay Credit Union

Liberty Bay Credit Union

Fiscal year ending 2019. Filed on May 14, 2020.

300 Granite Street
Braintree, Massachusetts 02184

Liberty Bay Credit Union (EIN: 04-1896000) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2019 IRS Form 990 filing, Liberty Bay Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 16 out of 103 total employees. Among the employees shown here, the average compensation is $268,549. The highest compensated employee at Liberty Bay Credit Union is Edward Lopes with fiscal year 2019 compensation of $538,280.

Revenue, expenses, and employee compensation

Revenue

$28,578,672

Expenses

$27,519,533

Employee compensation

$11,920,889
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Edward Lopes
Former President and CEO
$538,280
$500,778 No related comp$37,502
M Lyndon Matteson III
President and Chief Executive Officer
$442,749
$397,120 No related comp$45,629
Peter Dennis
Former Senior Vice President Business Development
$327,769
$277,665 No related comp$50,104
Joseph Bean
Former Senior Vice President Finance and Lending OPER
$297,835
$250,814 No related comp$47,021
Stephen Fulchini
Senior Vice President, Information Technology
$252,452
$217,358 No related comp$35,094
Katherine Peila
Chief Administrative Officer
$250,121
$206,993 No related comp$43,128
John Parillo
Senior Executive Vice President
$247,463
$218,810 No related comp$28,653
James Quinn
Former Senior Vice President Administration
$245,162
$205,591 No related comp$39,571
Stephen Hile
Mortgage Loan Officer
$244,580
$204,141 No related comp$40,439
Frederick Williams
Senior Vice President and Chief Financial Officer
$242,631
$200,795 No related comp$41,836
Paola Ferrara
Mortgage Loan Officer
$229,953
$189,812 No related comp$40,141
George Kelly
Senior Vice President and Chief Strategy Officer
$225,093
$184,109 No related comp$40,984

Benchmark Employee Compensation

Non-Employee Board Members

Edward R Foley
Chair
$18,133
$18,000 No related comp$133
Dennis J Siracusa
Secretary
$9,204
$9,000 No related comp$204
Gerard Burm
Treasurer
$9,082
$9,000 No related comp$82
Patrick J Foley
Vice Chair
$204
$0 No related comp$204
Sean Cashman
Director
$204
$0 No related comp$204
Robert B Foley Jr
Director
$204
$0 No related comp$204
Thomas J Flynn
Director
$133
$0 No related comp$133
Edward McColgan
Second Vice Chair
$133
$0 No related comp$133
Michael F McCarthy
Director
$82
$0 No related comp$82
Peter Lincoln
Director
$82
$0 No related comp$82
Stephen J Kelley Sr
Director
$82
$0 No related comp$82
Robert J Mitchell
Director
$82
$0 No related comp$82

Contractors

Cu Solutions Group LLC
Cuso
$448,813
NCR Corporation
Data Processing
$409,897
Focusiq Marketing LLC
Marketing
$267,968
The Long Group
Marketing
$142,003
Lucro Commercial Solutions Inc.
Cuso - Commerical Loans
$123,270

Mission Statement

LIBERTY BAY CREDIT UNION EXISTS TO BE A RESPONSIBLE AND RELEVANT FINANCIAL PARTNER TO ITS MEMBERS, EMPLOYEES, AND THE COMMUNITIES THAT IT SERVES.

Revisions to this organization profile

October 24, 2024:
2023 Liberty Bay Credit Union 990 filed
May 15, 2023:
2022 Liberty Bay Credit Union 990 filed
May 16, 2022:
2021 Liberty Bay Credit Union 990 filed

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