Mutual Savings Central Fund Inc

Depositors Insurance Fund

Woburn, MA
Tax-exempt since Oct. 1952
EIN: 04-1647690

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Type of Nonprofit

Designated as a 501(c)(14) State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Details

According to its Oct. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$9.49M (2023)

Expenses

$3.84M (2023)

Total Assets

$518M (2023)

Total Liabilities

$112k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Oct.
2023

Revenue

$9,489,601

Expenses

$3,835,372

Net Income

$5,654,229

Net Assets

$517,898,904

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$9,558,082	> 100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$68,481
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,970,819	51.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$207	0.0%

Assets/Debt
Total Assets	$518,011,299
Total Liabilities	$112,395
Net Assets	$517,898,904

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Andrew Calamare (President And Ceo)	$808,977	$0	$104,443
Judith Javidpour (Evp, Cfo & Treasurer)	$372,433	$0	$69,968
Annemarie Lee (Vice President)	$195,748	$0	$64,899
Kara M Mcnamara (Senior Vice President)	$183,718	$0	$86,530
Matthew P Calnan (Vice President)	$164,179	$0	$55,420
John J D'alessandro (Former Svp)	$140,792	$0	$21,172
Maura Villanova (Reports Specialist)	$101,335	$0	$42,043
Robert W Terravecchia Jr (Director)	$22,400	$0	$0
Mark R O'connell Ended 32023 (Director)	$19,100	$0	$0
Edward F Manzi Jr (Director)	$15,300	$0	$0
Peter G Brown (Director)	$15,300	$0	$0
Andrew J Raczka (Director)	$14,900	$0	$0
Steven E Lowell Ended 32023 (Director)	$13,800	$0	$0
Raiji L Vaisanen (Director)	$11,500	$0	$0
David G Falwell (Director)	$11,000	$0	$0
Robert S Karam (Director)	$10,500	$0	$0
Jeffrey Worth (Director)	$9,500	$0	$0
Donna L Boulanger (Director)	$9,000	$0	$0
John Battaglia Ended 32023 (Director)	$8,500	$0	$0
Robert Fraser As Of 32023 (Director)	$0	$0	$0
Carol Mcclintock As Of 32023 (Director)	$0	$0	$0
Meg Mcisaac As Of 32023 (Director)	$0	$0	$0

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990

Filed on Aug. 12, 2024

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Fiscal Year Ending Oct.
2022

Revenue

$5,779,138

Expenses

$3,835,675

Net Income

$1,943,463

Net Assets

$500,238,942

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$5,718,764	99.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$51,654	0.9%
Net Inventory Sales	$0
Other Revenue	$8,720	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,971,299	51.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$139,669	3.6%

Assets/Debt
Total Assets	$500,673,236
Total Liabilities	$434,294
Net Assets	$500,238,942

Compensation

Key Employees and Officers	Compensation	Related	Other
Andrew Calamare (President And Ceo)	$683,506	$0	$72,654
Judith Javidpour (Svp, Cfo & Treasurer)	$350,667	$0	$70,653
John J D'alessandro (Svp (Ended 06/2022))	$241,787	$0	$95,024
Annemarie Lee (Vice President)	$188,768	$0	$63,331
Kara M Mcnamara (Senior Vice President)	$177,344	$0	$97,691
Matthew P Calnan (Vice President)	$143,454	$0	$49,593
Maura Villanova (Reports Specialist)	$104,455	$0	$41,047
Gilda M Nogueira (Chairman (Ended 03/2022))	$20,100	$0	$0
Mark R O'connell (Director)	$17,800	$0	$0
Charles P O'brien (Director (Ended 03/2022))	$14,400	$0	$0
Peter G Brown (Director)	$13,300	$0	$0
Edward F Manzi Jr (Director)	$13,000	$0	$0
Steven E Lowell (Director)	$12,800	$0	$0
Scott D Cote (Director (Ended 03/2022))	$11,900	$0	$0
David G Falwell (Director)	$11,500	$0	$0
Andrew J Raczka (Director)	$11,000	$0	$0
Joseph A De Vito (Director (Ended 03/2022))	$11,000	$0	$0
Raiji L Vaisanen (Director)	$11,000	$0	$0
Robert S Karam (Director)	$11,000	$0	$0
Eileen P Mcanneny (Director (Ended 03/2022))	$10,500	$0	$0
Margaret H Kelly (Director (Ended 03/2022))	$10,500	$0	$0
Mark R Haranas (Director (Ended 03/2022))	$9,500	$0	$0
Donna L Boulanger (Director)	$9,000	$0	$0
Robert W Terravecchia Jr (Director)	$9,000	$0	$0
Michael E Tucker (Director (Ended 03/2022))	$7,500	$0	$0

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990

Filed on Aug. 15, 2023

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Fiscal Year Ending Oct.
2021

Revenue

$6,907,559

Expenses

$4,735,206

Net Income

$2,172,353

Net Assets

$522,312,268

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$6,765,122	97.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$142,437	2.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,069,491	43.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$196,419	4.1%

Assets/Debt
Total Assets	$526,717,944
Total Liabilities	$4,405,676
Net Assets	$522,312,268

Compensation

Key Employees and Officers	Compensation	Related	Other
David Elliott (Former President And Ceo)	$527,311	$0	$25,613
Andrew Calamare (President And Ceo)	$436,468	$0	$66,473
Norman S Seppala (Evp & Coo & Treasurer Ended 12/2020)	$344,580	$0	$12,775
John J D'alessandro (Senior Vice President)	$232,794	$0	$93,370
Judith Javidpour (Svp, Cfo & Treasurer)	$201,759	$0	$60,425
Kara M Mcnamara (Senior Vice President)	$176,705	$0	$96,942
Annemarie Lee (Vice President)	$146,443	$0	$54,472
Matthew P Calnan (Vice President (As Of 01/2021))	$125,404	$0	$48,522
Gilda M Nogueira (Chairman)	$15,625	$0	$0
Scott D Cote (Director)	$15,200	$0	$0
Peter G Brown (Director)	$14,950	$0	$0
Mark R O'connell (Director)	$13,400	$0	$0
David G Falwell (Director)	$12,700	$0	$0
Edward F Manzi Jr (Director)	$10,500	$0	$0
Donna L Boulanger (Director)	$9,700	$0	$0
Robert S Karam (Director)	$9,500	$0	$0
Steven E Lowell (Director)	$9,300	$0	$0
Charles P O'brien (Director)	$8,800	$0	$0
Mark R Haranas (Director)	$7,500	$0	$0
Andrew J Raczka (Director)	$7,500	$0	$0
Robert W Terravecchia Jr (Director)	$7,500	$0	$0
Eileen P Mcanneny (Director)	$7,500	$0	$0
Raiji L Vaisanen (Director)	$7,500	$0	$0
Joseph T Baptista Jr (Director (Ended 03/2021))	$7,000	$0	$0
Margaret H Kelly (Director)	$6,000	$0	$0
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990

Filed on July 25, 2022

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Fiscal Year Ending Oct.
2020

Revenue

$9,226,126

Expenses

$5,117,483

Net Income

$4,108,643

Net Assets

$521,931,179

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$8,414,928	91.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$811,198	8.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,199,157	43.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$308,686	6.0%

Assets/Debt
Total Assets	$524,726,543
Total Liabilities	$2,795,364
Net Assets	$521,931,179

Compensation

Key Employees and Officers	Compensation	Related	Other
David Elliott (President And Ceo)	$775,947	$0	$94,929
Norman S Seppala (Evp & Coo & Treasurer)	$321,141	$0	$64,882
John J D'alessandro (Senior Vice President)	$252,120	$0	$77,669
Kara M Mcnamara (Senior Vice President)	$152,794	$0	$77,274
Matthew P Calnan (Sr Financial Analyst)	$119,949	$0	$36,664
Gilda M Nogueira (Chairman)	$14,400	$0	$0
Patrick J Murray Jr (Director (Until March 2020))	$11,350	$0	$0
James P Mcdonough (Director (Until March 2020))	$10,850	$0	$0
Peter G Brown (Director)	$10,000	$0	$0
Mark R O'connell (Director)	$8,800	$0	$0
David G Falwell (Director)	$8,700	$0	$0
Robert S Karam (Director)	$7,800	$0	$0
Charles P O'brien (Director)	$7,800	$0	$0
Scott D Cote (Director)	$6,900	$0	$0
John F Heaps Jr (Director (Until March 2020))	$6,600	$0	$0
Steven E Lowell (Director)	$6,450	$0	$0
Donna L Boulanger (Director)	$5,700	$0	$0
Margaret H Kelly (Director)	$5,400	$0	$0
Joseph T Baptista Jr (Director (As Of March 2020))	$0	$0	$0
Joseph A De Vito (Director (As Of March 2020))	$0	$0	$0
Mark R Haranas (Director (As Of March 2020))	$0	$0	$0
Andrew J Raczka (Director (As Of March 2020))	$0	$0	$0
Robert W Terravecchia Jr (Director (As Of March 2020))	$0	$0	$0
Edward F Manzi Jr (Director (As Of March 2020))	$0	$0	$0
Michael E Tucker (Director (As Of March 2020))	$0	$0	$0
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990

Filed on Aug. 19, 2021

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Fiscal Year Ending Oct.
2019

Revenue

$7,847,529

Expenses

$4,180,741

Net Income

$3,666,788

Net Assets

$404,654,820

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$7,854,580	> 100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$7,051
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,203,445	52.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$270,778	6.5%

Assets/Debt
Total Assets	$406,939,558
Total Liabilities	$2,284,738
Net Assets	$404,654,820

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David Elliott (President And Ceo)	$834,928	$0	$56,204
Norman S Seppala (Evp & Coo & Treasurer)	$291,653	$0	$73,733
John J D'alessandro (Senior Vice President)	$218,923	$0	$125,524
Kara M Mcnamara (Senior Vice President)	$114,379	$0	$57,657
Matthew P Calnan (Sr Financial Analyst)	$112,597	$0	$37,808
Steven Lowell (Chariman (Until 3/21/19))	$12,500	$0	$0
Patrick Murray (Director)	$9,400	$0	$0
Peter G Brown (Director)	$7,600	$0	$0
David G Falwell (Director)	$7,600	$0	$0
Gilda Nogueira (Chairman (As Of 3/21/19))	$7,600	$0	$0
Richard Bennett (Director (Until 3/21/19))	$7,500	$0	$0
James P Mcdonough (Director)	$6,000	$0	$0
Charles P O'brien (Director)	$5,500	$0	$0
John F Heaps Jr (Director)	$5,400	$0	$0
Robert S Karam (Director)	$5,200	$0	$0
Margaret Kelly (Director)	$5,200	$0	$0
Mark R O'connell (Director)	$4,300	$0	$0
Donna L Boulanger (Director (As Of 3/21/19))	$0	$0	$0
Scott D Cote (Director (As Of 3/21/19))	$0	$0	$0

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990

Filed on Sept. 9, 2020

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Fiscal Year Ending Oct.
2018

Revenue

$6,363,251

Expenses

$4,207,766

Net Income

$2,155,485

Net Assets

$388,747,228

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$6,395,937	> 100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$32,686
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,993,764	47.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$295,611	7.0%

Assets/Debt
Total Assets	$390,445,439
Total Liabilities	$1,698,211
Net Assets	$388,747,228

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David Elliott (President And Ceo)	$797,528	$0	$55,558
Norman S Seppala (Evp & Coo & Treasurer)	$266,255	$0	$57,362
John J D'alessandro (Senior Vice President)	$211,005	$0	$98,988
Matthew P Calnan (Sr Financial Analyst)	$109,671	$0	$31,818
Kara M Mcnamara (Senior Vice President)	$108,669	$0	$36,347
Steven Lowell (Chariman)	$18,200	$0	$0
Patrick Murray (Director)	$9,600	$0	$0
Gilda Nogueira (Director)	$8,400	$0	$0
Richard Bennett (Director)	$7,800	$0	$0
David G Falwell (Director)	$7,600	$0	$0
Robert S Karam (Director)	$7,200	$0	$0
Margaret Kelly (Director)	$6,400	$0	$0
James P Mcdonough (Director)	$6,400	$0	$0
Charles P O'brien (Director)	$5,500	$0	$0
Mark R O'connell (Director)	$5,000	$0	$0
Peter G Brown (Director)	$4,400	$0	$0
John F Heaps Jr (Director)	$4,400	$0	$0

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990

Filed on Aug. 6, 2019

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Fiscal Year Ending Oct.
2017

Revenue

$4,835,662

Expenses

$3,962,012

Net Income

$873,650

Net Assets

$387,906,932

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$4,849,454	> 100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$13,792
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,874,556	47.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$254,662	6.4%

Assets/Debt
Total Assets	$389,615,126
Total Liabilities	$1,708,194
Net Assets	$387,906,932

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David Elliott (President And Ceo)	$756,352	$0	$54,776
Norman S Seppala (Evp & Coo & Treasurer)	$227,462	$0	$53,760
Mark S Medvin (Evp & Coo & Treasurer)	$218,684	$0	$13,715
John J D'alessandro (Senior Vice President)	$197,216	$0	$83,811
Matthew P Calnan (Sr Financial Analyst)	$106,494	$0	$32,375
Kara M Mcnamara (Senior Vice President)	$99,096	$0	$34,131
Steven Lowell (Chariman)	$11,800	$0	$0
Donna Boulanger (Director (Until 4/7/17))	$7,100	$0	$0
Patrick Murray (Director)	$7,100	$0	$0
Richard Bennett (Director)	$6,800	$0	$0
Robert S Karam (Director)	$6,000	$0	$0
David G Falwell (Director)	$6,000	$0	$0
William H Mitchelson (Director (Until 4/7/17))	$5,800	$0	$0
Margo Kelly (Director)	$5,200	$0	$0
Charles P O'brien (Director)	$4,800	$0	$0
James P Mc Donough (Director)	$4,800	$0	$0
Gilda Nogueira (Director)	$4,400	$0	$0
John Boucher (Director (Until 4/7/17))	$2,700	$0	$0
Mark R O'connell (Director (As Of 4/7/17))	$0	$0	$0
John F Heaps Jr (Director (As Of 4/7/17))	$0	$0	$0
Peter G Brown (Director ( As Of 4/7/17))	$0	$0	$0

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990

Filed on May 30, 2018

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Fiscal Year Ending Oct.
2016

Revenue

$4,173,630

Expenses

$3,935,968

Net Income

$237,662

Net Assets

$386,809,558

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$4,044,675	96.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$128,955	3.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,015,450	51.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$248,894	6.3%

Assets/Debt
Total Assets	$390,668,444
Total Liabilities	$3,858,886
Net Assets	$386,809,558

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David Elliott (President And Ceo)	$752,413	$0	$62,262
Mark S Medvin Until 512016 (Evp & Coo & Treasurer)	$419,891	$0	$69,050
Edward J Geary (Senior Vice President)	$200,958	$0	$50,340
John J D'alessandro (Vice President)	$183,535	$0	$72,961
Matthew P Calnan (Sr Financial Analyst)	$103,990	$0	$30,420
Kara M Mcnamara (Vice President)	$88,665	$0	$29,454
Norman S Seppala (Evp (As Of 11/2/2015))	$28,776	$0	$1,217
John F Heaps Jr (Chairman (Until 3/31/2016))	$21,500	$0	$0
Mark R O'connell (Director (Until 3/31/2016))	$10,200	$0	$0
William H Mitchelson (Director)	$8,500	$0	$0
Donna Boulanger (Director)	$8,200	$0	$0
Margo Kelly (Director)	$6,800	$0	$0
Steven Lowell (Chariman)	$6,800	$0	$0
Maura O Banta (Director)	$6,800	$0	$0
John Boucher (Director)	$6,600	$0	$0
William J Wagner (Director (Until 3/31/2016))	$6,400	$0	$0
Marvin Siflinger (Director)	$6,400	$0	$0
Richard Bennett (Director)	$6,400	$0	$0
Patrick Murray (Director)	$4,800	$0	$0
Robert S Karam (Director)	$0	$0	$0
Gilda Nogueira (Director (As Of 3/29/2016))	$0	$0	$0
Charles P O'brien (Director (As Of 3/31/2016))	$0	$0	$0

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990

Filed on June 7, 2017

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Fiscal Year Ending Oct.
2015

Revenue

$3,781,431

Expenses

$4,059,473

Net Income

-$278,042

Net Assets

$384,770,845

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$3,657,044	96.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$124,387	3.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,062,865	50.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$298,965	7.4%

Assets/Debt
Total Assets	$393,324,121
Total Liabilities	$8,553,276
Net Assets	$384,770,845

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David Elliott (President And Ceo)	$727,918	$0	$61,282
Mark S Medvin (Executive Vp & Coo & Treasurer)	$398,850	$0	$55,251
Edward J Geary (Senior Vice President)	$216,274	$0	$48,327
John J D'alessandro (Vice President)	$174,312	$0	$85,764
Matt Calnan (Sr Financial Analyst)	$107,834	$0	$29,600
Kara M Mcnamara (Vice President)	$79,927	$0	$53,083
John F Heaps Jr (Director)	$13,150	$0	$0
Donna Boulanger (Director)	$8,950	$0	$0
Marvin Siflinger (Director)	$8,500	$0	$0
Mark R O'connell (Director)	$8,400	$0	$0
William H Mitchelson (Director)	$7,400	$0	$0
Michael H Mulhern (Director)	$6,900	$0	$0
Maura O Banta (Director)	$5,850	$0	$0
John Boucher (Director)	$5,700	$0	$0
William J Wagner (Director)	$5,550	$0	$0
Patrick Murray (Director)	$5,500	$0	$0
Richard Bennett (Director)	$5,150	$0	$0
Steven Lowell (Director)	$5,050	$0	$0
Margo Kelly (Director)	$4,800	$0	$0
Norman S Seppala (Chairman Of The Board)	$2,450	$0	$0
Arthur C Spears (Director)	$1,450	$0	$0

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990

Filed on Aug. 11, 2016

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Fiscal Year Ending Oct.
2014

Revenue

$4,342,441

Expenses

$3,958,600

Net Income

$383,841

Net Assets

$383,414,005

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$3,439,439	79.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$903,002	20.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,811,405	45.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$434,467	11.0%

Assets/Debt
Total Assets	$384,523,161
Total Liabilities	$1,109,156
Net Assets	$383,414,005

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David Elliott (President And Ceo)	$705,133	$0	$51,665
Mark S Medvin (Executive Vp & Coo & Treasurer)	$373,232	$0	$183,789
Edward J Geary (Senior Vice President)	$206,812	$0	$47,456
John J D'alessandro (Vice President)	$167,243	$0	$80,944
Matt Calnan (Sr Fianncial Analyst)	$90,536	$0	$27,827
Marvin Siflinger (Director)	$7,250	$0	$0
Arthur C Spears (Director)	$6,450	$0	$0
Norman S Seppala (Chairman Of The Board)	$6,050	$0	$0
Michael H Mulhern (Director)	$5,700	$0	$0
Mark R O'connell (Director)	$5,250	$0	$0
Maura O Banta (Director)	$5,050	$0	$0
William J Wagner (Director)	$4,350	$0	$0
Donna Boulanger (Director)	$4,300	$0	$0
William H Mitchelson (Director)	$4,300	$0	$0
John F Heaps Jr (Director)	$3,850	$0	$0
John Boucher (Director)	$3,500	$0	$0
William G Gothorpe (Director)	$3,050	$0	$0
Karl E Case (Director)	$2,200	$0	$0
Charles P O'brien (Director)	$1,250	$0	$0
Thomas R Burton (Director)	$1,200	$0	$0
K Michael Robbins (Director)	$400	$0	$0

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990

Filed on Sept. 11, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Oct.
2013

Revenue

$4,696,257

Expenses

$3,790,614

Net Income

$905,643

Net Assets

$381,982,152

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$4,261,236	90.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$435,021	9.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,706,958	45.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$489,962	12.9%

Assets/Debt
Total Assets	$382,762,293
Total Liabilities	$780,141
Net Assets	$381,982,152

990

Filed on Oct. 1, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Oct.
2012

Revenue

$8,586,055

Expenses

$3,878,944

Net Income

$4,707,111

Net Assets

$383,007,373

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$5,082,377	59.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,003,678	11.7%
Net Inventory Sales	$0
Other Revenue	$2,500,000	29.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,685,517	43.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$519,001	13.4%

Assets/Debt
Total Assets	$384,467,427
Total Liabilities	$1,460,054
Net Assets	$383,007,373

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Oct.
2011

Revenue

$12,602,966

Expenses

$4,349,414

Net Income

$8,253,552

Net Assets

$378,902,999

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$8,705,668	69.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$897,298	7.1%
Net Inventory Sales	$0
Other Revenue	$3,000,000	23.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,593,746	36.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$446,620	10.3%

Assets/Debt
Total Assets	$383,153,446
Total Liabilities	$4,250,447
Net Assets	$378,902,999

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Mutual Savings Central Fund Inc

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $9.49M (2023)

Expenses $3.84M (2023)

Total Assets $518M (2023)

Total Liabilities $112k (2023)

Tax Filings by Year

Fiscal Year Ending Oct. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Oct. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Oct. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Oct. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Oct. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Oct. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Oct. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Oct. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Oct. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$9.49M (2023)

Expenses

$3.84M (2023)

Total Assets

$518M (2023)

Total Liabilities

$112k (2023)

Fiscal Year Ending Oct.
2023

Fiscal Year Ending Oct.
2022

Fiscal Year Ending Oct.
2021

Fiscal Year Ending Oct.
2020

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2019

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2018

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2017

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2016

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2015

Fiscal Year Ending Oct.
2014

Fiscal Year Ending Oct.
2013

Fiscal Year Ending Oct.
2012

Fiscal Year Ending Oct.
2011

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Fiscal Year Ending Oct.
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