NonprofitsLiberty Bay Credit Union

Public & Societal Benefit

Liberty Bay Credit Union

BRAINTREE, MA

Total revenue

$39.2M

Total expenses

$36.7M

Net assets

$103.1M

Grants received

EIN

041896000

Tax year

2024

Mission

To offer financial services.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$34.2M
Investment income$5.0M
Other revenue
Total revenue$39.2M

Expenses

Grants paid$13K
Salaries & benefits$10.8M
Fundraising
Other expenses$25.9M
Total expenses$36.7M
Total assets$808.1M
Net assets$103.1M

People

26 listed

NameRoleCompensation

FREDERICK WILLIAMS

SVP & CHIEF FINANCIAL OFFI

Board

$253K

40 hrs/wk

MARK CONSTABLE

CHIEF COMPLIANCE & CRA OFF

Board

$252K

40 hrs/wk

BRENDA MCGILLICUDDY

SVP PEOPLE OPERATIONS

Board

$238K

40 hrs/wk

JOSEPH BEARS

SVP & CIO

Board

$237K

40 hrs/wk

PAUL GRAVELLESE

SVP & SENIOR LENDING OFFIC

Board

$234K

40 hrs/wk

EDWARD LOPES

PRESIDENT / CEO

Board

$182K

40 hrs/wk

KATHERINE PEILATERMINATED JULY 2024

CHIEF ADMINISTRATIVE OFFIC

Board

$139K

40 hrs/wk

SEAN CASHMAN

SECRETARY

Board

$20K

2 hrs/wk

PETER LINCOLN

BOD CHAIRMAN

Board

$9K

6 hrs/wk

EUGENE LEAHY

DIRECTOR

Board

$8K

2 hrs/wk

PATRICK J FOLEY

DIRECTOR

Board

$8K

2 hrs/wk

ROBERT B FOLEY JR

TREASURER

Board

$5K

2 hrs/wk

ROBERT J MITCHELL

DIRECTOR

Board

2 hrs/wk

STEPHEN J KELLEY SR

DIRECTOR

Board

2 hrs/wk

THOMAS J FLYNN

DIRECTOR

Board

2 hrs/wk

WILLIAM MURPHY

DIRECTOR

Board

2 hrs/wk

GERARD BURM

DIRECTOR

Board

2 hrs/wk

EDWARD R FOLEY

AUDIT COMMITTEE CHAIRMAN

Board

2 hrs/wk

EDWARD MCCOLGAN

DIRECTOR

Board

2 hrs/wk

MICHAEL F MCCARTHY

DIRECTOR

Board

2 hrs/wk

JOHN PARILLO

FORMER PRESIDENT & CEO

Staff

$553K

40 hrs/wk

MARGUERITE MURPHY

VP MORTGAGE

Staff

$162K

40 hrs/wk

CAROL SHOUGHROW

VP DEPOSIT OPERATIONS

Staff

$154K

1 hrs/wk

CINDI CARLSON

VP BRAND & MEMBER EXPERIEN

Staff

$149K

40 hrs/wk

SEAN CHASE

BUSINESS BANKING OFFICER

Staff

$135K

40 hrs/wk

MARIA DIBENEDETTO

VP HUMAN RESOURCES

Staff

$133K

40 hrs/wk

Independent contractors

ROCK BREAKERS LLC

RENT - 300 GRANITE - NEW

$1.2M

FISERV

CORE PROVIDER

$887K

NCR CORPORATION

DATA PROCESSING/WEBSITE

$620K

PROFIT RESOURCES INC

INCLUDE - DEBIT CARD REBRANDING SERVICES

$263K

LUCRO COMMERCIAL SOLUTIONS INC

CUSO - COMMERICAL LOANS

$199K

Details

EIN041896000
NTEE codeW61Z
Subsection14
Ruling date1937-11
Formed1917
Employees88
Volunteers8
LIBERTY BAY CREDIT UNION — Mission, Financials & Grants Received | Grantivo