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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 2021. Filed on May 16, 2022.

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 2021 IRS Form 990 filing, Liberty Bay Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 12 out of 92 total employees. Among the employees shown here, the average compensation is $281,720. The highest compensated employee at Liberty Bay Credit Union is M Lyndon Matteson III with fiscal year 2021 compensation of $554,870.

Revenue, expenses, and employee compensation

Revenue

$24,208,397

Expenses

$23,163,998

Employee compensation

$12,609,816
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

M Lyndon Matteson III
Former President and CEO
$554,870
$515,210 No related comp$39,660
John Parillo
Interim President and Chief Executive Officer
$456,457
$416,797 No related comp$39,660
Paola Ferrara
Mortgage Loan Officer
$379,103
$321,071 No related comp$58,032
Stephen Hile
Mortgage Loan Officer
$325,357
$286,730 No related comp$38,627
Katherine Peila
Chief Administrative Officer
$230,852
$198,360 No related comp$32,492
Frederick Williams
Senior Vice President and Chief Financial Officer
$227,521
$182,628 No related comp$44,893
George Kelly
Senior Vice President and Chief Strategy Offic
$226,597
$181,788 No related comp$44,809
Brian Leary
Director of Advanced Membe
$211,524
$181,951 No related comp$29,573
Paul Gravellese
Senior Vice President and Chief Lending Offic
$206,930
$178,427 No related comp$28,503
Stephen Fulchini
Senior Vice President, Information Technolog
$198,440
$167,836 No related comp$30,604
James Dowling
Vice President, Controller
$188,133
$146,821 No related comp$41,312
Marguerite Murphy
Vice President Mortgage
$174,855
$148,615 No related comp$26,240

Benchmark Employee Compensation

Non-Employee Board Members

Peter Lincoln
Chair
$12,301
$12,250 No related comp$51
Sean Cashman
Secretary
$9,704
$9,500 No related comp$204
Edward R Foley
Former Chair
$6,832
$6,750 No related comp$82
Robert B Foley Jr
Treasurer
$6,258
$6,125 No related comp$133
Gerard Burm
Former Treasurer
$3,426
$3,375 No related comp$51
Patrick J Foley
Vice Chair
$204
$0 No related comp$204
Thomas J Flynn
Director
$82
$0 No related comp$82
Edward McColgan
Director
$82
$0 No related comp$82
Eugene Leahy
Director
$51
$0 No related comp$51
Stephen J Kelley Sr
Director
$51
$0 No related comp$51
William T Murphy
Director
$51
$0 No related comp$51
Michael F McCarthy
Director
$51
$0 No related comp$51

Contractors

NCR Corporation
Data Processing
$483,537
Lucro Commercial Solutions Inc.
Cuso - Commerical Loans
$184,672
Getfused
Branding Marketing Design and Technology
$182,084
Spectrotel
Telecommunication
$154,828

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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