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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 Naveo Credit Union

Naveo Credit Union

Fiscal year ending 2024. Filed on November 13, 2025.

493 Somerville Avenue
Somerville, Massachusetts 02143

Naveo Credit Union (EIN: 04-1144988) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Naveo Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 6 out of 47 total employees. Among the employees shown here, the average compensation is $224,975. The highest compensated employee at Naveo Credit Union is Andrea White with fiscal year 2024 compensation of $512,858.

Revenue, expenses, and employee compensation

Revenue

$8,053,625

Expenses

$7,968,830

Employee compensation

$3,595,887
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Andrea White
President and Chief Executive Officer
$512,858
$496,828 No related comp$16,030
Karen Yee
Svp/Chief LE
$209,304
$190,542 No related comp$18,762
Brenda Tam
Chief Financial Officer
$209,046
$196,695 No related comp$12,351
Jamie Levine
Vice President, Human Resources
$161,358
$141,805 No related comp$19,553
Michael Dwyer
Vice President, Operations
$143,937
$121,368 No related comp$22,569
Ana Santos
AVP of Lendi
$113,348
$107,995 No related comp$5,353

Benchmark Employee Compensation

Non-Employee Board Members

Charles Montemor
Treasurer
Isaac MacHado
Vice Chair
Jason Alves
Director
Jennifer Lawrence
Director
Leontina Mancini
Chair
Manuel da Silva
Director
Mario G Brum II
Director
Paul Ferreira
Secretary

Contractors

Connecticut Online Computer Center
Data Processing
$731,827
Harvard Pilgrim Healthcare
Health Insurance
$318,902
Upstart Network Inc.
Lending
$154,786
Allied Solutions LLC
Liab Insurance
$147,261

Mission Statement

THE PROMOTION OF THRIFT AMONG ITS MEMBERS BY THE ACCUMULATION OF THEIR SAVINGS AND THE LOANING OF SUCH SAVINGS BACK TO ITS MEMBERS AT A MODERATE RATE OF INTEREST. PARTICIPATION IN THE CREDIT UNION IS LIMITED TO THOSE INDIVIDUALS WHO QUALIFY FOR MEMBERSHIP. THE FIELD OF MEMBERSHIP IS DEFINED IN THE CREDIT UNION'S BYLAWS WITH A SIGNIFICANT CONCENTRATION OF MEMBERS RESIDING IN SOMERVILLE AND CAMBRIDGE, MASSACHUSETTS AND SURROUNDING COMMUNITIES.

Revisions to this organization profile

November 13, 2025:
2024 Naveo Credit Union 990 filed
November 13, 2024:
2023 Naveo Credit Union 990 filed
August 12, 2023:
2022 Naveo Credit Union 990 filed

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