90
Northern Federal Credit Union
Public Benefit · Watertown, New York
120 Factory St, Watertown, NY 13601-1958
EIN: 150580359· Founded: Feb 2020· 6 years active· Filing Year: 2023
Annual Revenue
$41.1M
Total Expenses
$39.2M
Total Assets
$602.8M
Program Spending
96%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$811K
2.1% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$9.1M
Total Payroll
$9.9M
25% of total expenses
Where the Money Goes
96%
Programs: 96%
Payroll: 25%
Other overhead: 5%
Program Revenue$37.4M (91%)
Total Expenses$39.2M (96%)
Payroll$9.9M (25%)
Overhead (non-program)5%
Trust Score Breakdown
Program Spending Ratio
96% of expenses go to programs
Revenue & Stability
$41.1M annual revenue
Executive Compensation
$811K total officer comp (2.1% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$602.8M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.