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Brookline Municipal Credit Union

  • Brookline, MA
  • Tax-exempt since June 1944
  • EIN: 04-2041245

Organization summary

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$980k (2022)

Expenses
$958k (2022)

Total Assets
$46.4M (2022)

Total Liabilities
$40.8M (2022)

Source: Form 990 tax filings from 2011 to 2022

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 Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$979,722
Expenses
$957,842
Net Income
$21,880
Net Assets
$5,632,809
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $436,873
44.6%
Investment Income $411,645
42.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $131,204
13.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $142,353
14.9%
Professional Fundraising Fees $0
Other Salaries and Wages $230,625
24.1%
Assets/Debt
Total Assets $46,391,767
Total Liabilities $40,758,958
Net Assets $5,632,809
Compensation
Key Employees and Officers Compensation Related Other
Paul J Demaio (President An) $102,148 $0 $36,487
Elizabeth A Mcdonald (Treasurer/Cl) $3,300 $0 $418
Mathew S Baronas (2 Nd Vice Cha) $0 $0 $0
Jennifer Dopazo Gilbert (Director) $0 $0 $0
Philip Harrington (Director) $0 $0 $0
Marjorie Lalli (1 St Vice Cha) $0 $0 $0
Francis M Moroney (Chairman) $0 $0 $0
Daniel C O'leary (Assistant Tr) $0 $0 $0
Michael J O'reilly (Director) $0 $0 $0
Andrew M Pappastergion (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 16, 2023

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

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$945,897
Expenses
$919,704
Net Income
$26,193
Net Assets
$5,610,929
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $383,621
40.6%
Investment Income $417,564
44.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $144,712
15.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $144,793
15.7%
Professional Fundraising Fees $0
Other Salaries and Wages $222,511
24.2%
Assets/Debt
Total Assets $46,577,949
Total Liabilities $40,967,020
Net Assets $5,610,929
Compensation
Key Employees and Officers Compensation Related Other
Paul J Demaio (President An) $102,963 $0 $38,111
Elizabeth A Mcdonald (Treasurer/Cl) $3,300 $0 $418
Mathew S Baronas (2 Nd Vice Cha) $0 $0 $0
Jennifer Dopazo Gilbert (Director) $0 $0 $0
Philip Harrington (Director) $0 $0 $0
Majorie Lalli (1 St Vice Cha) $0 $0 $0
Francis M Moroney (Chairman) $0 $0 $0
Daniel C O'leary (Assistant Tr) $0 $0 $0
Michael J O'reilly (Director) $0 $0 $0
Andrew M Pappastergion (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 7, 2022

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

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,109,708
Expenses
$981,936
Net Income
$127,772
Net Assets
$5,584,736
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $447,367
40.3%
Investment Income $528,810
47.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $133,531
12.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $141,070
14.4%
Professional Fundraising Fees $0
Other Salaries and Wages $211,768
21.6%
Assets/Debt
Total Assets $43,698,071
Total Liabilities $38,113,335
Net Assets $5,584,736
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Paul J Demaio (President An) $100,245 $0 $37,108
Elizabeth A Mcdonald (Treasurer/Cl) $3,300 $0 $418
Mathew S Baronas (2 Nd Vice Cha) $0 $0 $0
Jennifer Dopazo Gilbert (Director) $0 $0 $0
Philip Harrington (Director) $0 $0 $0
Majorie Lalli (Director) $0 $0 $0
Francis M Moroney (1 St Vice Cha) $0 $0 $0
Daniel C O'leary (Assistant Tr) $0 $0 $0
Michael J O'reilly (Director) $0 $0 $0
Andrew M Pappastergion (Chairman) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 20, 2021

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

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,225,638
Expenses
$943,646
Net Income
$281,992
Net Assets
$5,456,964
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $524,500
42.8%
Investment Income $547,147
44.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $153,991
12.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $132,314
14.0%
Professional Fundraising Fees $0
Other Salaries and Wages $222,102
23.5%
Assets/Debt
Total Assets $36,994,970
Total Liabilities $31,538,006
Net Assets $5,456,964
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Paul J Demaio (President An) $96,733 $0 $31,863
Elizabeth A Mcdonald (Treasurer/Cl) $3,300 $0 $418
Mathew S Baronas (2 Nd Vice Cha) $0 $0 $0
Jennifer Dopazo Gilbert (Director) $0 $0 $0
Philip Harrington (Director) $0 $0 $0
Majorie Lalli (Director) $0 $0 $0
Elizabeth M Mellett (Director) $0 $0 $0
Francis M Moroney (1 St Vice Cha) $0 $0 $0
Daniel C O'leary (Assistant Tr) $0 $0 $0
Michael J O'reilly (Director) $0 $0 $0
Andrew M Pappastergion (Chairman) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 1, 2020

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,341,564
Expenses
$940,483
Net Income
$401,081
Net Assets
$5,174,972
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $578,102
43.1%
Investment Income $413,726
30.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $157,743
11.8%
Net Inventory Sales $0
Other Revenue $191,993
14.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $130,358
13.9%
Professional Fundraising Fees $0
Other Salaries and Wages $200,392
21.3%
Assets/Debt
Total Assets $37,395,478
Total Liabilities $32,220,506
Net Assets $5,174,972
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Paul J Demaio (President An) $94,427 $0 $32,243
Elizabeth A Mcdonald (Treasurer) $3,300 $0 $387
Mathew S Baronas (Director) $0 $0 $0
Jennifer Dopazo Gilbert (Director) $0 $0 $0
Philip Harrington (Director) $0 $0 $0
Elizabeth M Mellett (Director) $0 $0 $0
Francis M Moroney (Director) $0 $0 $0
Daniel C O'leary (Assistant Tr) $0 $0 $0
Michael J O'reilly (Chairperson) $0 $0 $0
Andrew M Pappastergion (1 St Vice Cha) $0 $0 $0
Majorie Lalli (2 Nd Vice Cha) $0 $0 $0
+ View more people

Document Links

990
Filed on July 27, 2019

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,121,147
Expenses
$935,784
Net Income
$185,363
Net Assets
$4,962,269
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $627,783
56.0%
Investment Income $325,666
29.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,105
0.6%
Net Inventory Sales $0
Other Revenue $160,593
14.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $126,055
13.5%
Professional Fundraising Fees $0
Other Salaries and Wages $233,426
24.9%
Assets/Debt
Total Assets $39,307,229
Total Liabilities $34,344,960
Net Assets $4,962,269
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Paul J Demaio (President An) $92,322 $0 $29,834
Elizabeth A Mcdonald (Treasurer) $3,025 $0 $342
Elizabeth M Mellett (Director) $275 $0 $257
Mathew S Baronas (Director) $0 $0 $0
Jennifer Dopazo Gilbert (Director) $0 $0 $0
Philip Harrington (Director) $0 $0 $0
Francis M Moroney (Director) $0 $0 $0
Daniel C O'leary (Assistant Tr) $0 $0 $0
Michael J O'reilly (Chairperson) $0 $0 $0
Andrew M Pappastergion (1 St Vice Cha) $0 $0 $0
Ralph A Parent (Director) $0 $0 $0
Majorie Lalli (2 Nd Vice Cha) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 12, 2018

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,066,451
Expenses
$977,392
Net Income
$89,059
Net Assets
$4,752,236
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $642,484
60.2%
Investment Income $278,159
26.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $145,808
13.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $123,981
12.7%
Professional Fundraising Fees $0
Other Salaries and Wages $279,167
28.6%
Assets/Debt
Total Assets $38,791,563
Total Liabilities $34,039,327
Net Assets $4,752,236
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Paul J Demaio (President An) $90,048 $0 $30,291
Elizabeth M Mellett (Clerk) $3,300 $0 $342
Mathew S Baronas (Director) $0 $0 $0
Majorie R Lalli (Director) $0 $0 $0
Richard T Leary (Director) $0 $0 $0
Elizabeth A Mcdonald (Treasurer) $0 $0 $0
Francis M Moroney (Director) $0 $0 $0
Daniel C O'leary (Assistant Tr) $0 $0 $0
Michael J O'reilly (1 St Vice Cha) $0 $0 $0
Andrew M Pappastergion (2 Nd Vice Cha) $0 $0 $0
Ralph A Parent (Chairman) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 14, 2017

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,067,562
Expenses
$968,987
Net Income
$98,575
Net Assets
$4,639,727
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $675,239
63.3%
Investment Income $252,611
23.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $139,712
13.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $120,350
12.4%
Professional Fundraising Fees $0
Other Salaries and Wages $264,112
27.3%
Assets/Debt
Total Assets $39,751,235
Total Liabilities $35,111,508
Net Assets $4,639,727
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Paul J Demaio (President & Ceo) $90,048 $0 $26,660
Elizabeth M Mellett (Clerk/Treasurer) $3,300 $0 $342
Ralph A Parent (Chairman) $0 $0 $0
Michael O'reilly (1 St Vice Chair) $0 $0 $0
Elizabeth A Mcdonald (Director) $0 $0 $0
Andrew Pappastergion (2 Nd Vice Chair) $0 $0 $0
Mathew S Baronas (Director) $0 $0 $0
Richard T Leary (Director) $0 $0 $0
Francis M Moroney (Director) $0 $0 $0
Daniel C O'leary (Asst. Treasur) $0 $0 $0
Marjorie R Lalli (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 10, 2016

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

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,121,385
Expenses
$1,043,545
Net Income
$77,840
Net Assets
$4,538,678
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $700,984
62.5%
Investment Income $271,760
24.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $148,641
13.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $107,398
10.3%
Professional Fundraising Fees $0
Other Salaries and Wages $306,251
29.3%
Assets/Debt
Total Assets $39,469,852
Total Liabilities $34,931,174
Net Assets $4,538,678
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
James P Hughes (Treasurer/Ceo) $84,478 $0 $9,797
Paul J Demaio (President & Ceo) $68,749 $0 $25,610
Elizabeth M Mellett (Clerk/Treasurer) $2,900 $0 $342
Ralph A Parent (Chairman) $0 $0 $0
Michael O'reilly (1 St Vice Chair) $0 $0 $0
Elizabeth A Mcdonald (Director) $0 $0 $0
Andrew Pappastergion (2 Nd Vice Chair) $0 $0 $0
Richard T Leary (Director) $0 $0 $0
Francis M Moroney (Director) $0 $0 $0
Daniel C O'leary (Asst. Treasurer) $0 $0 $0
Brian M Cloonan (Director) $0 $0 $0
Marjorie R Lalli (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 18, 2015

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

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,136,627
Expenses
$1,074,294
Net Income
$62,333
Net Assets
$4,439,404
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $710,000
62.5%
Investment Income $279,389
24.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $147,238
13.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $131,379
12.2%
Professional Fundraising Fees $0
Other Salaries and Wages $278,522
25.9%
Assets/Debt
Total Assets $42,003,301
Total Liabilities $37,563,897
Net Assets $4,439,404
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
James P Hughes (Treasurer/Ceo) $113,700 $0 $14,622
Elizabeth M Mellett (Clerk) $2,700 $0 $357
Ralph A Parent (2 Nd Vice Chair) $0 $0 $0
Michael O'reilly (Director) $0 $0 $0
Robin L Magner (1st Vice Chair) $0 $0 $0
Andrew Pappastergion (Director) $0 $0 $0
Richard T Leary (Chair/President) $0 $0 $0
Francis M Moroney (Director) $0 $0 $0
Daniel C O'leary (Asst. Treasurer) $0 $0 $0
Brian M Cloonan (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 21, 2014

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

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,233,528
Expenses
$1,164,248
Net Income
$69,280
Net Assets
$4,341,895
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $787,652
63.9%
Investment Income $300,401
24.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $145,475
11.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $130,843
11.2%
Professional Fundraising Fees $0
Other Salaries and Wages $284,771
24.5%
Assets/Debt
Total Assets $40,989,146
Total Liabilities $36,647,251
Net Assets $4,341,895

Document Links

990

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

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,307,355
Expenses
$1,238,297
Net Income
$69,058
Net Assets
$4,250,572
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $876,020
67.0%
Investment Income $296,218
22.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $135,117
10.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $132,616
10.7%
Professional Fundraising Fees $0
Other Salaries and Wages $278,683
22.5%
Assets/Debt
Total Assets $39,573,140
Total Liabilities $35,322,568
Net Assets $4,250,572

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

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.

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