CSCharityScored
82

New Bedford Credit Union

Other · New Bedford, Massachusetts

1150 Purchase St, New Bedford, MA 02740-6635

EIN: 041659235· Founded: Apr 1942· 84 years active· Filing Year: 2023

Annual Revenue

$7.4M

Total Expenses

$6.2M

Total Assets

$162.0M

Program Spending

101%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$875K

14.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.1M

Total Payroll

$2.0M

32% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 32%
Other overhead: -1%
Program Revenue$6.3M (85%)
Total Expenses$6.2M (85%)
Payroll$2.0M (32%)
Overhead (non-program)-1%

Trust Score Breakdown

Program Spending Ratio

101% of expenses go to programs

40%

Revenue & Stability

$7.4M annual revenue

15%

Executive Compensation

$875K total officer comp (14.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$162.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.