Nonprofit · EIN 04-1103180
CITY OF BOSTON CREDIT UNION
Tax-exempt · BOSTON, MA 02127
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $24,209,155 | $28,072,912 | -$3,863,757 | $552,723,863 | $519,484,732 | $33,239,131 |
| December 31, 2023 | 990 | $25,890,287 | $29,184,284 | -$3,293,997 | $617,768,388 | $584,133,049 | $33,635,339 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $26,654,766
- Investment income
- -$2,445,611
- Net gain from sales of assets
- -$3,639,638
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,593,177
- Other salaries and wages
- $4,920,971
- Salaries, compensation and benefits (total)
- $9,086,707
- Professional fundraising fees
- $0
- Legal fees
- $41,563
- Accounting fees
- $108,437
- Occupancy
- $1,441,235
- Depreciation
- $1,724,845
Balance sheet and other
- Total assets, start of year
- $617,768,388
- Total assets, end of year
- $552,723,863
- Total liabilities, end of year
- $519,484,732
- Net assets, end of year
- $33,239,131
- Land, buildings and equipment
- $19,044,773
- Publicly traded securities
- $55,448,122
- Gross unrelated business income
- $36,210
- Gross receipts
- $49,873,954
- Employees
- 108
- Volunteers
- 0
- Year formed
- 1915
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT DASILVA | CLO Officer | 40 | $201,125 | $29,457 |
| COLLEEN DONAVAN | EXECUTIVE ASSISTANT Highest-paid employee | 40 | $179,654 | $49,910 |
| CATHERINE MULLEN | FORMER INTERIM CEO/VP OP. Officer | 40 | $176,054 | $20,392 |
| LISA PERRIN | PRESIDENT & CEO Officer | 40 | $150,641 | $26,687 |
| AUDREY WALKER | OPERATIONS MANAGER Highest-paid employee | 40 | $115,915 | $43,708 |
| KERI BASZKIEWICZ | RETAIL MANAGER Highest-paid employee | 40 | $113,402 | $42,647 |
| MARIA COSTA | DIRECTOR OF LENDING Highest-paid employee | 40 | $110,097 | $36,803 |
| MELINDA GAUDREAU | DIRECTOR OF RETAIL Highest-paid employee | 40 | $109,858 | $32,173 |
| ROBERT OPFERMAN | FORMER COMPLIANCE OFFICER Officer | 40 | $105,189 | $30,325 |
| COLEMAN NEE | MARKETING/ FINACIAL ANALYST Highest-paid employee | 40 | $104,156 | $24,886 |
| ROBERT MCCAULEY | FORMER VP LENDING Officer | 40 | $112,364 | $16,565 |
| KARLA MCCARRON | FORMER VP MARKETING Officer | 40 | $67,657 | $17,133 |
| RAYMOND VOLPER | CFO Officer | 40 | $47,065 | $10,976 |
| CECIL JONES | CHAIRPERSON Trustee or director, Officer | 5 | $10,800 | $0 |
| BRIAN GILL | CLERK/SECRETARY Trustee or director, Officer | 5 | $10,800 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIMOTHY SMYTH | TREASURER Trustee or director, Officer | 5 | $10,800 |
| SUSAN CONNOLLY | DIRECTOR Trustee or director | 5 | $0 |
| KEVIN LINSKEY | DIRECTOR Trustee or director | 5 | $0 |
| JAMES DRISCOLL | DIRECTOR Trustee or director | 5 | $0 |
| STEPHEN GREEN | DIRECTOR Trustee or director | 5 | $0 |
| CHRISTOPHER STOCKBRIDGE | DIRECTOR Trustee or director | 5 | $0 |
| NEIL MCGONAGLE | DIRECTOR Trustee or director | 5 | $0 |
| GREGORY ROONEY | DIRECTOR Trustee or director | 5 | $0 |
| MARK BERNARD | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TIFFANY CHISNALL | INTERIM CEO Officer | 40 | $261,250 | $0 |
| CATHERINE MULLEN | INTERIM CEO/ Officer | 40 | $174,946 | $50,270 |
| ROBERT MCCAULEY | VP LENDING Officer | 40 | $156,650 | $30,758 |
| KARLA MCCARRON | VP MARKETING Officer | 40 | $148,057 | $23,786 |
| CAROL DONOVAN | HR MANAGER Officer | 40 | $134,668 | $31,486 |
| COLLEEN DONOVAN | EXECUTIVE AS Highest-paid employee | 40 | $134,810 | $22,426 |
| LISA HAY | INTERIM COO Officer | 40 | $156,900 | $0 |
| CANDICE BRACEWELL | INTERIM CFO Officer | 40 | $143,800 | $0 |
| JAMES CARDEN | CONSUMER LOA Highest-paid employee | 40 | $115,810 | $23,243 |
| AUDREY WALKER | OPERATIONS M Highest-paid employee | 40 | $104,794 | $29,488 |
| NEIL GORDON | FORMER CEO Former | 40 | $105,732 | $518 |
| MELISSA HARTZELL-GALILEO | INTERIM CLO Officer | 40 | $47,250 | $0 |
| CECIL JONES | CHAIRPERSON Trustee or director, Officer | 5 | $7,200 | $396 |
| BRIAN GILL | CLERK/SECRET Trustee or director, Officer | 5 | $7,200 | $258 |
| TIMOTHY SMYTH | TREASURER Trustee or director, Officer | 5 | $7,200 | $138 |
| ROBERT DASILVA | CLO Officer | 40 | $3,846 | $0 |
| SUSAN CONNOLLY | DIRECTOR Trustee or director | 5 | $0 | $1,236 |
| KEVIN LINSKEY | DIRECTOR Trustee or director | 5 | $0 | $1,236 |
| JAMES DRISCOLL | DIRECTOR Trustee or director | 5 | $0 | $762 |
| STEPHEN GREEN | DIRECTOR Trustee or director | 5 | $0 | $396 |
| CHRISTOPHER STOCKBRIDGE | DIRECTOR Trustee or director | 5 | $0 | $138 |
| MATTHEW MORONEY | DIRECTOR Trustee or director | 5 | $0 | $127 |
| MARK BERNARD | DIRECTOR Trustee or director | 5 | $0 | $90 |
Address and contacts
- Address (IRS master file)
- 455 W BROADWAY, BOSTON, MA 02127-2218
- Principal officer (990 for 2024)
- RAYMOND CHARLES VOLPER JR, 455 WEST BROADWAY, SOUTH BOSTON, MA 02127
- Signed the 990
- RAYMOND CHARLES VOLPER JR, CFO
- Phone
- (617) 635-2471
- Website
- WWW.CITYOFBOSTONCU.COM
- Return prepared by
- GERALD T REILLY & COMPANY
Mission
CREDIT UNION - THRIFT SERVICES
Program accomplishments
- MAINTENANCE OF MEMBERS' SHARE ACCOUNTS AND THE INVESTMENT OF SUCH FUNDS. NUMBER OF SHARE ACCOUNTS 57,753. MAINTENANCE OF MEMBERS' LOAN ACCOUNTS. NUMBER OF LOAN ACCOUNTS 14,642.
- N/A
- N/A
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-1103180
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1936
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $552,723,863
- Income (IRS master file)
- $49,873,954
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $24,209,155 | $28,072,912 | $552,723,863 | XML |
| 990 | December 2023 | $25,890,287 | $29,184,284 | $617,768,388 | XML |
| 990 | December 2022 | $22,869,244 | $21,682,627 | $674,850,893 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-1103180).
Questions about CITY OF BOSTON CREDIT UNION
- What is the EIN of CITY OF BOSTON CREDIT UNION?
- The employer identification number (EIN) of CITY OF BOSTON CREDIT UNION is 04-1103180.
- Is CITY OF BOSTON CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1936.
- Are donations to CITY OF BOSTON CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CITY OF BOSTON CREDIT UNION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CITY OF BOSTON CREDIT UNION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CITY OF BOSTON CREDIT UNION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CITY OF BOSTON CREDIT UNION?
- The 990 for the year ended December 31, 2024 names RAYMOND CHARLES VOLPER JR.
- Who are the officers and directors of CITY OF BOSTON CREDIT UNION?
- The 990 for the year ended December 31, 2024 lists 24 people; 16 received compensation from the organization, the highest $201,125 (ROBERT DASILVA, CLO).
- How much revenue does CITY OF BOSTON CREDIT UNION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $24,209,155, expenses of $28,072,912 and total assets of $552,723,863 at year end.
Other nonprofits in BOSTON
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND EIN 11-0303001 · last filed 990 for 2025
- DANA-FARBER CANCER INSTITUTE EIN 04-2263040 · last filed 990 for 2025
- CHILDRENS HOSPITAL CORPORATION EIN 04-2774441 · last filed 990 for 2025
- TRUSTEES OF BOSTON UNIVERSITY EIN 04-2103547 · last filed 990-N for 2024
- NORTHEASTERN UNIVERSITY EIN 04-1679980 · last filed 990-N for 2025
- BOSTON MEDICAL CENTER CORPORATION EIN 04-3314093 · last filed 990 for 2025
- COMMONWEALTH CARE ALLIANCE INC EIN 04-3756900 · last filed 990 for 2024
- HARVARD MANAGEMENT PRIVATE EQUITY CORPORATION EIN 04-3070522 · last filed 990 for 2025