NonprofitsBrotherhood Credit Union

Brotherhood Credit Union

LYNN, MA

Total revenue

$9.3M

Total expenses

$4.7M

Net assets

$48.2M

Grants received

EIN

041126132

Tax year

2024

Mission

Credit union member services

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.7M
Investment income$6.3M
Other revenue$224K
Total revenue$9.3M

Expenses

Grants paid
Salaries & benefits$1.9M
Fundraising
Other expenses$2.8M
Total expenses$4.7M
Total assets$118.0M
Net assets$48.2M

People

11 listed

NameRoleCompensation

ADAM H SHERMAN

PRESIDENT/CE

Board

$193K

40 hrs/wk

MARILYN DESIMONE

CHIEF OPER O

Board

$161K

40 hrs/wk

JAMES J SHERMAN

ADVISORADMIN

Board

$7K

12 hrs/wk

JOSE ALAS-RUIZ

DIRECTOR

Board

2 hrs/wk

MICHAEL COHEN

DIRECTOR

Board

2 hrs/wk

HOWARD FIELD

DIRECTOR

Board

2 hrs/wk

RICHARD KESSEL

CLERK

Board

2 hrs/wk

DARREN KLEIN

DIRECTOR

Board

2 hrs/wk

SCOTT SAGAN

DIRECTOR

Board

2 hrs/wk

EDWARD I SHADOFF

DIRECTOR

Board

2 hrs/wk

MARTIN SHUMAN

TREASURER

Board

4 hrs/wk

Independent contractors

FISERV INC

IT

$426K

PANNOS MARKETING

ADVERTISING PR

$178K

Details

EIN041126132
Subsection14
Ruling date1942-05
Formed1934
Employees30
Volunteers8
BROTHERHOOD CREDIT UNION — Mission, Financials & Grants Received | Grantivo