Overview
What is Liberty Bay Credit Union?
Liberty Bay Credit Union, located at 300 Granite Street in Braintree, Massachusetts (02184), is a credit union committed to acting as a responsible and relevant financial partner for its members, employees, and the communities it serves. With a team of 92 dedicated individuals, its mission is to offer an array of financial services.
Official website here: www.libertybaycu.org
Is Liberty Bay Credit Union legitimate?
Liberty Bay Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Liberty Bay Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,030,749
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,110,397
For more financial information, click here
Official website here: www.libertybaycu.org
What is the mission statement of Liberty Bay Credit Union?
Liberty Bay Credit Union is committed to serving as a reliable financial partner to its members and employees. The credit union's mission is geared towards being responsible and relevant in its financial dealings. It aims to build strong relationships with the communities it serves, going beyond just offering financial services. The credit union's dedication extends beyond its members, reaching out to the communities it is a part of, fostering financial stability and growth. It strives to make a positive impact on people's lives by providing them with the financial tools they need to thrive.
Official website here: www.libertybaycu.org
Who is the CEO of Liberty Bay Credit Union?
Maurice Matteson is the CEO of Liberty Bay Credit Union The CEO's salary of Liberty Bay Credit Union is $459,032 and their total compensation is $470,112.
Official website here: www.libertybaycu.org
What is the revenue of Liberty Bay Credit Union?
Liberty Bay Credit Union's revenue in 2023 was $33,292,815.
Official website here: www.libertybaycu.org
Who are the executives of Liberty Bay Credit Union and what are their salaries?
The average compensation at Liberty Bay Credit Union during 2023 was $95,778. There are 85 employees and 10 volunteers at Liberty Bay Credit Union.
Here are 27 key members and their salaries (Liberty Bay Credit Union's CEO's salary is $459,032 and their total compensation is $470,112):
- Compensation: $0
- Related: $0
- Other: $51
- Compensation: $0
- Related: $0
- Other: $82
- Compensation: $0
- Related: $0
- Other: $82
- Compensation: $0
- Related: $0
- Other: $204
- Compensation: $12,000
- Related: $0
- Other: $133
- Compensation: $0
- Related: $0
- Other: $51
- Compensation: $0
- Related: $0
- Other: $51
- Compensation: $0
- Related: $0
- Other: $82
- Compensation: $0
- Related: $0
- Other: $51
- Compensation: $0
- Related: $0
- Other: $51
- Compensation: $0
- Related: $0
- Other: $51
- Compensation: $12,000
- Related: $0
- Other: $204
- Compensation: $24,000
- Related: $0
- Other: $51
- Compensation: $798,985
- Related: $0
- Other: $45,085
- Compensation: $238,329
- Related: $0
- Other: $36,565
- Compensation: $227,666
- Related: $0
- Other: $56,892
- Compensation: $238,576
- Related: $0
- Other: $54,127
- Compensation: $224,620
- Related: $0
- Other: $52,731
- Compensation: $225,786
- Related: $0
- Other: $52,848
- Compensation: $141,646
- Related: $0
- Other: $18,384
- Compensation: $137,568
- Related: $0
- Other: $24,846
- Compensation: $142,836
- Related: $0
- Other: $26,968
- Compensation: $152,963
- Related: $0
- Other: $44,818
- Compensation: $168,857
- Related: $0
- Other: $46,555
- Compensation: $158,838
- Related: $0
- Other: $28,890
- Compensation: $136,263
- Related: $0
- Other: $29,853
- Compensation: $459,032
- Related: $0
- Other: $11,080
Official website here: www.libertybaycu.org
Where can I find the form 990 for Liberty Bay Credit Union?
Liberty Bay Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.libertybaycu.org
Learn more at the official website: www.libertybaycu.org
Mission Statement of Liberty Bay Credit Union
Liberty Bay Credit Union, a responsible and relevant financial partner, is dedicated to serving its members, employees, and communities. The mission of this financial institution is to make a positive impact on people's lives by offering essential financial services.
Liberty Bay Credit Union prides itself on being more than just a financial institution. It is a trusted partner that prioritizes the needs and well-being of its members and employees, as well as the communities it serves. By providing a range of financial services, the credit union creates opportunities for individuals to improve their financial situation and build a better future.
The credit union operates under the belief that everyone deserves access to reliable and affordable financial services. In fulfilling this belief, it offers various financial products and services tailored to meet the diverse needs of its members. As a result, Liberty Bay Credit Union has become an essential resource for many, empowering them to take control of their financial lives and achieve their financial goals.
In summary, Liberty Bay Credit Union is a mission-driven financial institution that exists to cater to the financial needs of its members, employees, and communities. It strives to make a difference in people's lives by offering essential financial services and acting as a trusted and reliable partner.
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Impact
October, 2024
Liberty Bay Credit Union significantly impacts the Braintree, MA community through its commitment to providing essential financial services. By fostering a strong partnership with its members, employees, and the broader community, it not only addresses individual financial needs but also promotes economic stability and growth. The credit union prioritizes responsible financial practices, ensuring that its offerings are relevant and beneficial for all stakeholders involved. Through its operations, Liberty Bay Credit Union contributes to the overall well-being of the community, empowering individuals and families to achieve their financial goals while enhancing the local economy.
This information is meant to be a general summary of Liberty Bay Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,303,979
- Program Service Revenue: $28,988,836
- Gross Receipts: $33,292,815
Assets and Liabilities:
- Total Assets: $743,994,815
- Total Liabilities: $649,945,563
- Net Assets: $94,049,252
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$26,077,662
MISCELLANEOUS INCOME
Revenue
$1,796,261
FEES ON ACCOUNTS
Revenue
$1,114,913
Organization Details
Founding Year
1917
Principal Officer
Frederick Williams
Website
www.libertybaycu.orgNTEE Category
Code: W61Z - Public benefit
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