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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 The Cooperative Central Bank

The Cooperative Central Bank

Fiscal year ending 2016. Filed on February 6, 2017.

75 Park Plaza
Boston, Massachusetts 02116

The Cooperative Central Bank (EIN: 04-1207240) has filed an IRS Form 990 from fiscal year 2016–2020. In its fiscal year 2016 IRS Form 990 filing, The Cooperative Central Bank, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 4 out of 5 total employees. Among the employees shown here, the average compensation is $286,982. The highest compensated employee at The Cooperative Central Bank is Andrew J Calamare with fiscal year 2016 compensation of $542,950.

Revenue, expenses, and employee compensation

Revenue

$2,311,874

Expenses

$1,955,574

Employee compensation

$1,429,984
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Andrew J Calamare
President and Chief Executive Officer
$542,950
$500,744 No related comp$42,206
Judith M Javidpour
Senior Vice President and Treasurer
$276,300
$243,191 No related comp$33,109
Annemarie Lee
Vice President
$193,630
$163,093 No related comp$30,537
Peter A Conrad
Former President and CEO
$135,048
$122,707 No related comp$12,341

Benchmark Employee Compensation

Non-Employee Board Members

Robert W Terravecchia Jr
Chair
$15,000
$15,000 No related compNo other comp
John M O'Donnell
Vice Chair
$14,075
$14,075 No related compNo other comp
John R Korona
Director
$11,275
$11,275 No related compNo other comp
David P O'Brien
Director
$8,775
$8,775 No related compNo other comp
Joseph V Scholl
Director
$7,500
$7,500 No related compNo other comp
Julieanne M Thurlow
Director
$7,500
$7,500 No related compNo other comp
Edward F Manzi Jr
Director
$7,500
$7,500 No related compNo other comp
Michael D Goodman, Ph.D.
Former Director
$6,900
$6,900 No related compNo other comp
Eileen P McAnneny
Director
$6,000
$6,000 No related compNo other comp
Robert J Hickey
Former Director
$5,700
$5,700 No related compNo other comp
Joseph T Baptista Jr
Director
$1,800
$1,800 No related compNo other comp

Mission Statement

OPERATED AND WHOLLY OWNED BY ALL 37 MASSACHUSETTS CO-OPERATIVE BANKS, SOLELY FOR THE MUTUAL BENEFIT OF ALL OF THEIR DEPOSITORS, AS A SOURCE OF CASH RESERVES AND TO PROVIDE INSURANCE IN FULL OF DEPOSITS UNDER MASSACHUSETTS LAW.

Revisions to this organization profile

September 10, 2020:
2020 The Cooperative Central Bank 990 filed
January 24, 2020:
2019 The Cooperative Central Bank 990 filed
January 31, 2019:
2018 The Cooperative Central Bank 990 filed

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