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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 2023. Filed on October 24, 2024.

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 2023 IRS Form 990 filing, Liberty Bay Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 14 out of 85 total employees. Among the employees shown here, the average compensation is $284,401. The highest compensated employee at Liberty Bay Credit Union is John Parillo with fiscal year 2023 compensation of $844,070.

Revenue, expenses, and employee compensation

Revenue

$33,292,815

Expenses

$29,854,787

Employee compensation

$10,766,324
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Parillo
President and Chief Executive Officer
$844,070
$798,985 No related comp$45,085
Maurice Matteson
Former President and CEO
$470,112
$459,032 No related comp$11,080
Frederick Williams
Senior Vice President and Chief Financial Officer
$292,703
$238,576 No related comp$54,127
Joseph Bears
Senior Vice President and Chief Information Officer
$284,558
$227,666 No related comp$56,892
George Kelly
Senior Vice President and Chief Strategy Officer
$278,634
$225,786 No related comp$52,848
Paul Gravellese
Senior Vice President and Senior Lending Officer
$277,351
$224,620 No related comp$52,731
Katherine Peila
Chief Administrative Officer
$274,894
$238,329 No related comp$36,565
James Dowling
Controller
$215,412
$168,857 No related comp$46,555
Paola Ferrara
Mortgage Loan Officer
$197,781
$152,963 No related comp$44,818
Marguerite Murphy
Vice President Mortgage
$187,728
$158,838 No related comp$28,890
Cindi Carlson
Vice President Brand and Member Experience
$169,804
$142,836 No related comp$26,968
Sean Chase
Business Banking Officer
$166,116
$136,263 No related comp$29,853

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
Director
$204
$0 No related comp$204
Edward McColgan
Director
$82
$0 No related comp$82
Thomas J Flynn
Director
$82
$0 No related comp$82
Edward R Foley
Chair
$82
$0 No related comp$82
William Murphy
Director
$51
$0 No related comp$51
Gerard Burm
Director
$51
$0 No related comp$51
Robert J Mitchell
Director
$51
$0 No related comp$51
Michael F McCarthy
Director
$51
$0 No related comp$51
Eugene Leahy
Director
$51
$0 No related comp$51

Contractors

Rock Breakers LLC
Rent - 300 Granite - New
$1,079,288
Fiserv Inc.
Core Provider
$755,939
NCR Corporation
Data Processing/Website
$637,905
Lucro Commercial Solutions
Cuso - Commerical Loans
$186,793
Darling Consulting Group
Alm Consultant
$105,586

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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