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Massachusetts Credit Union Share Insurance Corporation

Trade
Trade Association · NEWTON, MA · EIN 04-2296410
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About

Massachusetts credit union share insurance corporation's mission is to promote and strengthen the credit union movement by providing excess share and deposit insurance and associated services for credit unions and their members while preserving the integrity of the fund.

Donations are NOT tax-deductible
Category
Trade Association
Employees
6
Volunteers
0

Financial Snapshot

FY ending 2024-09-30
Revenue
$6.8M
Expenses
$7.6M
Assets
$97.4M
Liabilities
$37.1M

Financial history

$7.6M$3.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $6.8M · Peak FY2019: $7.0M · Avg: $5.9M
MASSACHUSETTS CREDIT UNION SHARE INSURANCE CORPORATION
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Address

233 Needham ST STE 510
Newton, MA, 02464-153

Governance

Voting board members10
Independent members10
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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