Members Plus Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042039851 ✦ Medford, MA ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Members Plus Credit Union?

Members Plus Credit Union is a nonprofit organization that offers secure and high-quality financial products and services to its members. It prioritizes innovation and competitiveness, ensuring its offerings remain relevant and beneficial. Members can enjoy dividends on their shares and loans, demonstrating the credit union's commitment to its membership. Essentially, Members Plus Credit Union is dedicated to providing its members with financial security and growth opportunities.


Official website here: www.memberspluscu.org

Is Members Plus Credit Union legitimate?

Members Plus Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Members Plus 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: $319,571
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,803,824

For more financial information, click here


Official website here: www.memberspluscu.org

What is the mission statement of Members Plus Credit Union?

Members Plus Credit Union's mission is centered around providing its members with top-notch, innovative, and competitive financial products and services. This mission is underpinned by a commitment to security, ensuring that the financial offerings are secure and reliable for the membership base. Members of this credit union can expect to earn dividends on their shares and loans, further highlighting the organization's focus on member benefits. In essence, Members Plus Credit Union is dedicated to delivering quality financial services with a strong emphasis on security and member rewards.


Official website here: www.memberspluscu.org

Who is the CEO of Members Plus Credit Union?

John Murphy is the Ceo of Members Plus Credit Union. The CEO's salary of Members Plus Credit Union is $208,064 and their total compensation is $208,064.


Official website here: www.memberspluscu.org

What is the revenue of Members Plus Credit Union?

Members Plus Credit Union's revenue in 2021 was $10,885,310.


Official website here: www.memberspluscu.org

Who are the executives of Members Plus Credit Union and what are their salaries?

The average compensation at Members Plus Credit Union during 2021 was $50,377. There are 62 employees and 15 volunteers at Members Plus Credit Union.


Here are 16 key members and their salaries (Members Plus Credit Union's CEO's salary is $208,064 and their total compensation is $208,064):


John Murphy (Ceo)
  • Compensation: $208,064
  • Related: $0
  • Other: $0
Diane Walker (Sr. Vice President/Cfo)
  • Compensation: $183,507
  • Related: $0
  • Other: $0
James Manning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Carr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Hurley (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Maloney (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Wisnes (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Pinkham (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Carney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Nee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Roche (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Senier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Connolly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Foley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.memberspluscu.org

Where can I find the form 990 for Members Plus Credit Union?

Members Plus Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.memberspluscu.org

Learn more at the official website: www.memberspluscu.org

Mission Statement of Members Plus Credit Union

Members Plus Credit Union is committed to providing its members with high-quality, innovative, competitive, and secure financial products and services. This mission is designed to ensure that members can benefit from dividends on their shares and loans. The credit union prioritizes the security of its offerings, ensuring that its members can trust the financial services they receive. By offering a range of secure and competitive financial products, Members Plus Credit Union aims to meet the diverse needs of its membership base. This mission is reflected in the credit union's commitment to providing quality services that cater to the financial needs of its members.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Members Plus Credit Union significantly impacts the Medford community by offering secure and innovative financial products and services tailored to the needs of its members. By providing competitive rates on loans and dividends on shares, it empowers individuals and families to manage their finances more effectively. The commitment to secure and quality offerings fosters trust and promotes financial stability among its members. This not only enhances the financial well-being of individuals but also contributes to the overall economic health of the local community, creating a cycle of benefit that strengthens community ties and supports public welfare.




This information is meant to be a general summary of Members Plus 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.

Revenue
$10,885,310 (2021)
Expenses
$10,417,241 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $9,276,512
  • Program Service Revenue: $1,608,798
  • Gross Receipts: $10,885,310

Assets and Liabilities:

  • Total Assets: $342,620,781
  • Total Liabilities: $297,309,416
  • Net Assets: $45,311,365

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBER FEE INCOME

Revenue

$919,769

ADMIN FEES/MISC OTHER FEES

Revenue

$689,029

Organization Details

Founding Year

1940

Principal Officer

John Murphy

Main Address

29 High Street, Medford, MA, 02155

NTEE Category

Code: W60 - Public benefit

If you are a representative of Members Plus Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.