NonprofitsNew Bedford Credit Union

New Bedford Credit Union

NEW BEDFORD, MA

Total revenue

$8.4M

Total expenses

$7.1M

Net assets

$16.7M

Grants received

EIN

041659235

Tax year

2024

Mission

Credit union - provide thrift services to members with the best service possible.

Programs

1 program

Making of loans to members at market rates of interest.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$6.8M
Investment income$1.6M
Other revenue
Total revenue$8.4M

Expenses

Grants paid
Salaries & benefits$2.7M
Fundraising
Other expenses$2.8M
Total expenses$7.1M
Total assets$162.6M
Net assets$16.7M

People

10 listed

NameRoleCompensation

HUMBERTA VARAO

PRESIDENT/CEO

Board

$256K

40 hrs/wk

ERIC SCHIFRINE

CFO

Board

$149K

40 hrs/wk

PETER E BERTHIAUME

CHAIRMAN

Board

$19K

2 hrs/wk

THOMAS J CARREIRO

TREASURER & CLERK

Board

$7K

2 hrs/wk

HADEN COREDIRO

DIRECTOR

Board

2 hrs/wk

LAWRENCE J FINNERTY

DIRECTOR

Board

2 hrs/wk

DENNIS AUDETTE

DIRECTOR

Board

2 hrs/wk

JACQUELINE EINSTEIN

DIRECTOR

Board

2 hrs/wk

LAWRENCE OLIVEIRA

VICE CHAIRMAN

Board

2 hrs/wk

D STEVEN WHITE

DIRECTOR

Board

2 hrs/wk

Independent contractors

FISERV

CORE SYSTEM

$873K

PSCU

CREDIT CARD SERVICES

$199K

FERREIRA GROUP

IT

$153K

Details

EIN041659235
Subsection14
Ruling date1942-04
Formed1932
Employees72
Volunteers7
NEW BEDFORD CREDIT UNION — Mission, Financials & Grants Received | Grantivo