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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 2022. Filed on May 15, 2023.

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 2022 IRS Form 990 filing, Liberty Bay Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 13 out of 92 total employees. Among the employees shown here, the average compensation is $296,761. The highest compensated employee at Liberty Bay Credit Union is John Parillo with fiscal year 2022 compensation of $701,563.

Revenue, expenses, and employee compensation

Revenue

$27,516,942

Expenses

$20,735,203

Employee compensation

$11,408,205
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Parillo
President and Chief Executive Officer
$701,563
$659,606 No related comp$41,957
M Lyndon Matteson III
Former President and CEO
$576,811
$534,854 No related comp$41,957
Paola Ferrara
Mortgage Loan Officer
$277,284
$226,593 No related comp$50,691
Frederick Williams
Senior Vice President and Chief Financial Officer
$272,316
$221,452 No related comp$50,864
George Kelly
Senior Vice President and Chief Strategy Offic
$271,401
$220,620 No related comp$50,781
Katherine Peila
Senior Vice President and Chief Admin Officer
$266,945
$231,163 No related comp$35,782
Paul Gravellese
Senior Vice President and Chief Lending Offic
$260,823
$220,620 No related comp$40,203
Joseph Bears
Senior Vice President and Chief Information Officier
$255,591
$205,567 No related comp$50,024
Stephen Fulchini
Senior Vice President, Information Technolog
$214,285
$183,834 No related comp$30,451
Stephen Hile
Mortage LOAN Officier
$212,440
$177,883 No related comp$34,557
James Dowling
Controller
$198,046
$154,477 No related comp$43,569
Marguerite Murphy
Vice President Mortgage
$178,967
$150,397 No related comp$28,570

Benchmark Employee Compensation

Non-Employee Board Members

Peter Lincoln
Chair
$24,051
$24,000 No related comp$51
Sean Cashman
Secretary
$12,204
$12,000 No related comp$204
Robert B Foley Jr
Treasurer
$12,133
$12,000 No related comp$133
Patrick J Foley
Vice Chair
$204
$0 No related comp$204
Edward R Foley
Director
$82
$0 No related comp$82
Thomas J Flynn
Director
$82
$0 No related comp$82
Edward McColgan
Director
$82
$0 No related comp$82
Stephen J Kelley Sr
Director
$51
$0 No related comp$51
Eugene Leahy
Director
$51
$0 No related comp$51
Gerard Burm
Director
$51
$0 No related comp$51
Michael F McCarthy
Director
$51
$0 No related comp$51
William T Murphy
Director
$51
$0 No related comp$51

Contractors

Rock Breakers
Rent - 300 Granite - New
$1,049,944
Fiserv Inc.
Core Provider
$753,207
NCR Corporation
Data Processing/Website
$413,945
Cummings Properties
Rent - Woburn
$237,935
Lucro Commercial Solutions LLC
Cuso - Commerical Loans
$192,513

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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