Liberty Bay Credit Union
Braintree, MA · EIN 04-1896000 · Public and societal benefit · Rank 11,568 by total revenue
To offer financial services.
Money, Form 990 for tax year 2025
- Total revenue
- $40,864,966
- Total expenses
- $36,352,311
- Total assets
- $819,637,288
- Salary base (all salaries and wages)
- $8,136,180
- Salaries, other pay and benefits
- $10,916,174
- Employees
- 84
- Salary base per employee
- $96,859
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (20)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| John Barron | PRESIDENT & CEO | Officer | 40 | $565,303 |
| Frederick Williams | SVP & CHIEF FINANCIAL OFFI | Officer | 40 | $318,437 |
| Mark Constable | CHIEF COMPLIANCE & CRA OFF | Officer | 40 | $314,549 |
| Joseph Bears | SVP & CIO | Officer | 40 | $300,087 |
| Brenda McGillicuddy | SVP PEOPLE OPERATIONS | Officer | 40 | $298,265 |
| Paul Gravellese | SVP & SENIOR LENDING OFFIC | Officer | 40 | $296,987 |
| Marcia Lyons | ANALYTICS ENGINEER | Officer | 40 | $77,079 |
| Sean Cashman | CHAIRMAN | Board | 6 | $24,204 |
| Patrick J Foley | TREASURER | Board | 2 | $12,133 |
| Eugene Leahy | SECRETARY | Board | 2 | $12,051 |
| Robert B Foley Jr | DIRECTOR | Board | 2 | $82 |
| Gerard Burm | DIRECTOR | Board | 2 | $51 |
| Thomas J Flynn | DIRECTOR | Board | 2 | $51 |
| Edward R Foley | DIRECTOR | Board | 2 | $51 |
| Stephen J Kelley Sr | DIRECTOR | Board | 2 | $51 |
| Edward McColgan | DIRECTOR | Board | 2 | $51 |
| Michael F McCarthy | DIRECTOR | Board | 2 | $51 |
| Robert J Mitchell | DIRECTOR | Board | 2 | $51 |
| William Murphy | DIRECTOR | Board | 2 | $51 |
| Peter Lincoln | DIRECTOR | Board | 2 | $51 |
Top 10 paid people listed
These 10 people received $2,877,910, which is 35.4% of the $8,136,180 salary base shared by 84 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| John Barron | PRESIDENT & CEO | Officer | 40 | $520,942 | $0 | $44,361 | $565,303 |
| Frederick Williams | SVP & CHIEF FINANCIAL OFFI | Officer | 40 | $260,522 | $0 | $57,915 | $318,437 |
| Mark Constable | CHIEF COMPLIANCE & CRA OFF | Officer | 40 | $256,757 | $0 | $57,792 | $314,549 |
| Joseph Bears | SVP & CIO | Officer | 40 | $241,275 | $0 | $58,812 | $300,087 |
| Brenda McGillicuddy | SVP PEOPLE OPERATIONS | Officer | 40 | $240,239 | $0 | $58,026 | $298,265 |
| Paul Gravellese | SVP & SENIOR LENDING OFFIC | Officer | 40 | $241,558 | $0 | $55,429 | $296,987 |
| Carol Shoughrow | VP DEPOSIT OPERATIONS | Highly paid employee | 40 | $171,587 | $0 | $49,090 | $220,677 |
| Michael Baker | CONTROLLER | Highly paid employee | 40 | $158,508 | $0 | $47,828 | $206,336 |
| Marguerite Murphy | VP MORTGAGE | Highly paid employee | 40 | $165,931 | $0 | $30,048 | $195,979 |
| William Sprague | VP NETWORK ADMIN | Highly paid employee | 40 | $135,054 | $0 | $26,236 | $161,290 |
Sources
- IRS e-file return 202631419349301328 (Form 990, period ending 2025-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 04-1896000
- Organization website (as filed): www.libertybaycu.org