Civic Intelligence

Maine State Credit Union

EIN 01-0196194 • 501(c)14 • Augusta, ME

990-N Coverage

Profile

Provide members with savings and loan services.

PO Box 5659Augusta, ME 04332-5659

www.mainestatecu.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.91x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

16.07x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Net Margin

15th percentile

2.6%

Higher net margin than 15% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

91st percentile

9.4%

Faster asset growth than 91% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Annualized from 2022 to 2024

Revenue Growth

89th percentile

28%

Faster revenue growth than 89% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Annualized from 2022 to 2024

Assets

Up

$701,935,355

Up $58,868,138 (+9.2%) from 2023

Liabilities

Up

$639,910,255

Up $51,296,766 (+8.7%) from 2023

Net Assets

Up

$62,025,100

Up $7,571,372 (+14%) from 2023

Revenue

Up

$39,810,710

Up $9,579,038 (+32%) from 2023

Expenses

Up

$38,756,567

Up $9,974,270 (+35%) from 2023

Net Income

Down

$1,054,143

Down $395,232 (-27%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800M$600M$400M$200M$0Assets 2010: $310,491,894Liabilities 2010: $272,644,898Net Assets 2010: $37,846,9962010Assets 2011: $329,073,659Liabilities 2011: $289,703,422Net Assets 2011: $39,370,2372011Assets 2012: $343,738,228Liabilities 2012: $301,866,205Net Assets 2012: $41,872,0232012Assets 2013: $346,781,901Liabilities 2013: $305,368,947Net Assets 2013: $41,412,9542013Assets 2014: $354,258,287Liabilities 2014: $310,730,990Net Assets 2014: $43,527,2972014Assets 2015: $365,278,890Liabilities 2015: $321,786,714Net Assets 2015: $43,492,1762015Assets 2016: $383,246,140Liabilities 2016: $338,216,403Net Assets 2016: $45,029,7372016Assets 2017: $404,259,570Liabilities 2017: $352,750,129Net Assets 2017: $51,509,4412017Assets 2018: $411,220,788Liabilities 2018: $359,436,989Net Assets 2018: $51,783,7992018Assets 2019: $453,958,365Liabilities 2019: $398,057,087Net Assets 2019: $55,901,2782019Assets 2020: $531,168,901Liabilities 2020: $470,378,648Net Assets 2020: $60,790,2532020Assets 2021: $575,894,366Liabilities 2021: $512,259,510Net Assets 2021: $63,634,8562021Assets 2022: $586,697,194Liabilities 2022: $534,910,747Net Assets 2022: $51,786,4472022Assets 2023: $643,067,217Liabilities 2023: $588,613,489Net Assets 2023: $54,453,7282023Assets 2024: $701,935,355Liabilities 2024: $639,910,255Net Assets 2024: $62,025,1002024

Highlighted filing

2024

Assets$701,935,355
Liabilities$639,910,255
Net Assets$62,025,100

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0Expenses 2010: $12,963,0462010Expenses 2011: $13,305,8782011Expenses 2012: $12,416,7672012Revenue 2013: $13,958,656Expenses 2013: $12,334,846Net Income 2013: $1,623,8102013Revenue 2014: $14,928,871Expenses 2014: $12,352,386Net Income 2014: $2,576,4852014Revenue 2015: $15,464,966Expenses 2015: $12,722,314Net Income 2015: $2,742,6522015Revenue 2016: $16,740,223Expenses 2016: $14,406,570Net Income 2016: $2,333,6532016Revenue 2017: $19,510,815Expenses 2017: $14,053,976Net Income 2017: $5,456,8392017Revenue 2018: $18,683,696Expenses 2018: $15,132,668Net Income 2018: $3,551,0282018Revenue 2019: $20,717,237Expenses 2019: $17,924,353Net Income 2019: $2,792,8842019Revenue 2020: $20,746,217Expenses 2020: $19,054,731Net Income 2020: $1,691,4862020Revenue 2021: $22,418,636Expenses 2021: $17,839,981Net Income 2021: $4,578,6552021Revenue 2022: $24,248,381Expenses 2022: $20,904,856Net Income 2022: $3,343,5252022Revenue 2023: $30,231,672Expenses 2023: $28,782,297Net Income 2023: $1,449,3752023Revenue 2024: $39,810,710Expenses 2024: $38,756,567Net Income 2024: $1,054,1432024

Highlighted filing

2024

Revenue$39,810,710
Expenses$38,756,567
Net Income$1,054,143

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$702$640$62.0$39.8$38.8$1.05
2023Detailed filing. Detailed filing data is available for this year.$643$589$54.5$30.2$28.8$1.45
2022Detailed filing. Detailed filing data is available for this year.$587$535$51.8$24.2$20.9$3.34
2021Detailed filing. Detailed filing data is available for this year.$576$512$63.6$22.4$17.8$4.58
2020Detailed filing. Detailed filing data is available for this year.$531$470$60.8$20.7$19.1$1.69
2019Detailed filing. Detailed filing data is available for this year.$454$398$55.9$20.7$17.9$2.79
2018Detailed filing. Detailed filing data is available for this year.$411$359$51.8$18.7$15.1$3.55
2017Detailed filing. Detailed filing data is available for this year.$404$353$51.5$19.5$14.1$5.46
2016Detailed filing. Detailed filing data is available for this year.$383$338$45.0$16.7$14.4$2.33
2015Detailed filing. Detailed filing data is available for this year.$365$322$43.5$15.5$12.7$2.74
2014Detailed filing. Detailed filing data is available for this year.$354$311$43.5$14.9$12.4$2.58
2013Detailed filing. Detailed filing data is available for this year.$347$305$41.4$14.0$12.3$1.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$344$302$41.9$12.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$329$290$39.4$13.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$310$273$37.8$13.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$46,243,952
Mission and Program Overview

Mission

Provide members with savings and loan services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$402,520,879$505,375,680▲ $102,854,801
Investments in Publicly Traded Securities$97,585,802$93,527,090▼ $4,058,712
Rtn Earn Endowment Incm Other Fnds$54,453,728$62,025,100▲ $7,571,372
Savings and Temporary Cash Investments$72,477,110$28,166,400▼ $44,310,710
Land, Buildings, and Equipment, Net$14,323,991$14,677,269▲ $353,278
Receivables From Officers Etc$12,334,750$10,331,604▼ $2,003,146
Cash and Non-Interest-Bearing Accounts$5,278,933$5,096,263▼ $182,670
Investments Other Securities$110,000$110,000→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$643,067,217$701,935,355▲ $58,868,138
Other Assets Total$38,435,752$44,651,049▲ $6,215,297
Liabilities
Other Liabilities$585,749,066$619,242,099▲ $33,493,033
Unsecured Notes Loans Payable-$18,000,000-
Accounts Payable and Accrued Expenses$2,864,423$2,668,156▼ $196,267
Total Liabilities$588,613,489$639,910,255▲ $51,296,766
Net Assets / Fund Balance
Total Net Assets Fund Balance$54,453,728$62,025,100▲ $7,571,372
Total Liabilities and Net Assets / Fund Balance$643,067,217$701,935,355▲ $58,868,138

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,199,143$5,482,144$16,681,287
Equipment$1,666,745$2,813,823$4,480,568
Land$1,398,277-$1,398,277
Leasehold Improvements$309,981$94,627$404,608
Other Land Buildings$103,123-$103,123
Other Assets Org$2,499,561--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen WallacePresident/CEOFT$371,035$63,510$434,545
Shane AbbottSVP/chief Strategy OfficerFT$180,394$48,373$228,767
Brie MellorSVP/chief Lending OfficerFT$182,536$44,118$226,654
Bruce HarringtonSVP Commercial LendingFT$151,952$40,593$192,545
Elizebeth JeanSVP Residential MortgageFT$147,730$33,744$181,474
Mitchell RyanVP Technology OperationsFT$130,008$44,479$174,487
Jennifer BechardVP of Human ResourcesFT$133,883$36,563$170,446
Jeffrey CharlandVP Commercial Loan OfficerFT$145,853$19,403$165,256
Jason HiltSVP/CFO (THRU AUG '24) THEN SVP/CONTROLLERFT$134,441$25,022$159,463
Jason HiltSVP/CFO (THRU AUG '24) THEN SVP/CONT-$124,480$34,983$159,463
Amanda CrommettSVP/chief Retail OfficerFT$132,229$19,969$152,198
Neal BlakeSVP/chief Financial OfficerFT$47,963$9,572$57,535

Board Members and Trustees

NameTitle
Eric PoirierChairperson
Liz OuelletteVice Chairperson
Duncan MackellarDirector
Gary CrockerDirector
James SoucieDirector
Leonard CabanaDirector
Michael RoderigueDirector
Thomas CusickDirector
George LapointeSecretary
Roland MaheuxTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
SynergentData Processing2 LEDGEVIEW DR, Westbrook, ME 04092$1,696,071
Workgroup Technology Partners INCManaged It ServicesPO BOX 110, Westbrook, ME 04098$572,015
Alkami Technology INCData Processing5601 GRANITE PKWY STE 120, Plano, TX 75024$508,445
Jack Henry & Associates INCFinancial ServicesPO BOX 609, Monett, MO 65708$334,270
AbrigoData ProcessingPO BOX 677883, Dallas, TX 75267-7883$218,256
Revenue and Support

Revenue Composition

Contributions and Grants
$55,686
Program Service Revenue
$29,936,288
Investment Income
$4,242,953
Other Revenue
$5,575,783
Change in Net Assets
$1,054,143

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,578,687
Revenue Not Reported on Financial Statements
$17,232,023
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$17,232,023
Total Revenue per Audited Statements
$22,578,687
Total Revenue per Form 990
$39,810,710
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,031,356
Salaries, Compensation, and Employee Benefits$11,745,132
Grants and Similar Amounts Paid$200,599
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$13,779,480
Other Salaries and Wages---$7,922,524
Other Employee Benefits---$2,202,613
Fees for Services Other---$1,671,001
Current Officers, Directors, Trustees, and Key Employees---$1,259,162
Occupancy---$1,157,312
Depreciation Depletion---$1,123,549
Information Technology---$761,853
Advertising---$529,327
Travel---$489,546
Office Expenses---$391,565
Pension Plan Contributions---$360,833
Grants to Domestic Orgs---$200,599
Insurance---$158,290
Interest---$123,003
Fees for Services Accounting---$116,965
Other Expenses---$114,173
All Other Expenses---$63,879
Fees for Services Legal---$30,577
Fees for Service Investment Mgmnt Fees---$12,944
Conferences and Meetings---$767
Total Functional Expenses$0$0$0$38,756,567

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$38,756,567
Expenses per Audited Statements$21,524,544
Total Expenses per Audited Statements$21,524,544
Expenses Not Reported on Financial Statements$17,232,023
Other Expense Adjustments$17,232,023
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
MAINE CREDIT UNION'S CAMPAIGN FOR ENDING HUNGERPortland, ME501(c)(3)To Combat Food Insecurity in Maine$100,599
The Foundation for Maine Community CollegesSouth Portland, ME501(c)(3)Scholarships$95,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$7,589
Fundraising Gross Income$7,589
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Feedme5k Walk to End Hunger$63,275$7,589$7,589$0
Total Events$63,275$7,589$7,589$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$12,334,750$10,331,604▼ $2,003,146
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
MEMBER'S SHARE AND SAVINGS ACCOUNTS$618,808,046
Right of Use Liability - Leases$434,053
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The field of membership in this credit union includes anyone who lives, works, worships, or goes to school in androscoggin, cumberland, kennebec, knox, lincoln, sagadahoc, somerset, or waldo counties, or if you or someone in your immediate family is a current or retired state employee. Membership is also eligible to employees or members of the following organizations: maine state employees, maine state employees' association, maine housing authority, maine technical/community college system, maine state retirement system, maine association of retirees. Also included are retirees of any of the above organizations as well as any individual receiving a maine state retirement pension.

Form 990, Part VI, Section A, Line 7A

Members have a vote during the annual meeting.

Form 990, Part VI, Section A, Line 7B

The board of directors is formed by volunteers that are elected directly from credit union members.

Form 990, Part VI, Section B, Line 11B

990 reviewed by the senior vice president, controller prior to filing.

Form 990, Part VI, Section B, Line 12C

We have conflict of interest and whistleblower policies incorporated in our code of ethics. Members of the board of directors sign a document reaffirming annually that they are abiding by the policy and reporting any conflicts or potential conflicts and abstaining from any decisions where there is a conflict. The board reviewed the code of ethics policy at the june 2022 board meeting and there were no changes found.

Form 990, Part VI, Section B, Line 15

The executive committee of the board of directors authorizes the salary and any increases for the ceo. The ceo is responsible for the evaluations, salaries, and salary increases of the senior management team. The credit union utilizes a compensation program that incorporates external market information regarding salaries in determining their salary ranges. The director of human resources manages the administration of the compensation structure (in collaboration with the ceo).

Form 990, Part VI, Section C, Line 19

The annual report is posted on the website and the income statement and balance sheet is posted in the lobby. The governing documents and conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Maine State Credit Union
EIN
01-0196194
Phone
8005408707
Address
PO BOX 5659, AUGUSTA, ME 04332-5659

Signing Officer

Name
Neal Blake
Title
CFO
Phone
8005408707
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Wallace
Formed
1935
Legal Domicile
Me
Voting Board Members
10
Independent Board Members
10
Employees
182
Volunteers
10

Preparer

Firm
Wipfli Advisory LLC
Address
30 LONG CREEK DRIVE, SOUTH PORTLAND, ME 04106-2437
Preparer
Julia Howland CPA
Phone
2077745701
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in other comprehensive income 6,517,229.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Provision for loan losses 3,329,540. Benefits paid to members and interest expense 13,902,483.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Benefits paid to members and interest expense 13,902,483. Provision for loan losses 3,329,540.

Raw XML AppendixShowing 400 of 797 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02864423
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02668156
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES.
IRS990/AdvertisingGrp/TotalAmt0529327
IRS990/AllOtherExpensesGrp/TotalAmt063879
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt013779480
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NEAL BLAKE
IRS990/BooksInCareOfDetail/PhoneNum08005408707
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 5659
IRS990/BooksInCareOfDetail/USAddress/CityNm0AUGUSTA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0043325659
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt05278933
IRS990/CashNonInterestBearingGrp/EOYAmt05096263
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt013
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01259162
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt0767
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt01696071
IRS990/ContractorCompensationGrp/CompensationAmt1572015
IRS990/ContractorCompensationGrp/CompensationAmt2508445
IRS990/ContractorCompensationGrp/CompensationAmt3334270
IRS990/ContractorCompensationGrp/CompensationAmt4218256
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt02 LEDGEVIEW DR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 110
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt25601 GRANITE PKWY STE 120
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3PO BOX 609
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO BOX 677883
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0WESTBROOK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1WESTBROOK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2PLANO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3MONETT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4DALLAS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0ME
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1ME
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3MO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd004092
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd104098
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd275024
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd365708
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd4752677883
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SYNERGENT
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1WORKGROUP TECHNOLOGY PARTNERS INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2ALKAMI TECHNOLOGY INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3JACK HENRY & ASSOCIATES INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4ABRIGO
IRS990/ContractorCompensationGrp/ServicesDesc0DATA PROCESSING
IRS990/ContractorCompensationGrp/ServicesDesc1MANAGED IT SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc2DATA PROCESSING
IRS990/ContractorCompensationGrp/ServicesDesc3FINANCIAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc4DATA PROCESSING
IRS990/ContriRptFundraisingEventAmt055686
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt013779480
IRS990/CYContributionsGrantsAmt055686
IRS990/CYGrantsAndSimilarPaidAmt0200599
IRS990/CYInvestmentIncomeAmt04242953
IRS990/CYOtherExpensesAmt013031356
IRS990/CYOtherRevenueAmt05575783
IRS990/CYProgramServiceRevenueAmt029936288
IRS990/CYRevenuesLessExpensesAmt01054143
IRS990/CYSalariesCompEmpBnftPaidAmt011745132
IRS990/CYTotalExpensesAmt038756567
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt039810710
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt01123549
IRS990/Desc0THE CREDIT UNION HAS 36,829 MEMBERS AS OF 12/31/2024. MEMBERS HAVE ACCESS TO A WIDE VARIETY OF LOW COST, HIGH QUALITY SERVICES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0182
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt0116965
IRS990/FeesForServicesLegalGrp/TotalAmt030577
IRS990/FeesForServicesOtherGrp/TotalAmt01671001
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt012944
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1034617
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1133545
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1233755
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1314736
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1425022
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt159572
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1627571
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1732169
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1813099
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1930880
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2033979
IRS990/Form990PartVIISectionAGrp/PersonNm0ERIC POIRIER
IRS990/Form990PartVIISectionAGrp/PersonNm1LIZ OUELLETTE
IRS990/Form990PartVIISectionAGrp/PersonNm2ROLAND MAHEUX
IRS990/Form990PartVIISectionAGrp/PersonNm3GEORGE LAPOINTE
IRS990/Form990PartVIISectionAGrp/PersonNm4LEONARD CABANA
IRS990/Form990PartVIISectionAGrp/PersonNm5GARY CROCKER
IRS990/Form990PartVIISectionAGrp/PersonNm6THOMAS CUSICK
IRS990/Form990PartVIISectionAGrp/PersonNm7DUNCAN MACKELLAR
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL RODERIGUE
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMES SOUCIE
IRS990/Form990PartVIISectionAGrp/PersonNm10STEPHEN WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm11BRIE MELLOR
IRS990/Form990PartVIISectionAGrp/PersonNm12SHANE ABBOTT
IRS990/Form990PartVIISectionAGrp/PersonNm13AMANDA CROMMETT
IRS990/Form990PartVIISectionAGrp/PersonNm14JASON HILT
IRS990/Form990PartVIISectionAGrp/PersonNm15NEAL BLAKE
IRS990/Form990PartVIISectionAGrp/PersonNm16BRUCE HARRINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm17ELIZEBETH JEAN
IRS990/Form990PartVIISectionAGrp/PersonNm18JEFFREY CHARLAND
IRS990/Form990PartVIISectionAGrp/PersonNm19JENNIFER BECHARD
IRS990/Form990PartVIISectionAGrp/PersonNm20MITCHELL RYAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10399928
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11193109
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12195012
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13137462
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14134441
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1547963
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16164974
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17149305
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18152157
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19139566
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20140508
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11SVP/CHIEF LENDING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt12SVP/CHIEF STRATEGY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13SVP/CHIEF RETAIL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14SVP/CFO (THRU AUG '24) THEN SVP/CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt15SVP/CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16SVP COMMERCIAL LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt17SVP RESIDENTIAL MORTGAGE
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP COMMERCIAL LOAN OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt19VP OF HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt20VP TECHNOLOGY OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01935
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt055686
IRS990/FundraisingDirectExpensesAmt07589
IRS990/FundraisingGrossIncomeAmt07589
IRS990/GainOrLossGrp/SecuritiesAmt032926
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0200599
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt06458579
IRS990/GrossReceiptsAmt046243952
IRS990/GrossRentsGrp/RealAmt024152
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt017
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0761853
IRS990/InsuranceGrp/TotalAmt0158290
IRS990/InterestGrp/TotalAmt0123003
IRS990/InvestmentIncomeGrp/ExclusionAmt04210027
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04210027
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0110000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0110000
IRS990/InvestmentsPubTradedSecGrp/BOYAmt097585802
IRS990/InvestmentsPubTradedSecGrp/EOYAmt093527090
IRS990/IRPDocumentCnt011833
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08390594
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014323991
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014677269
IRS990/LandBldgEquipCostOrOtherBssAmt023067863
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt06425653
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt060422
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt060422
IRS990/MissionDesc0PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt054453728
IRS990/NetAssetsOrFundBalancesEOYAmt062025100
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt032926
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt032926
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt024152
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt024152
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01157312
IRS990/OfficeExpensesGrp/TotalAmt0391565
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt038435752
IRS990/OtherAssetsTotalGrp/EOYAmt044651049
IRS990/OtherChangesInNetAssetsAmt06517229
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02202613
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1SUPERVISION & EXAMINATI
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING & COLLEC
IRS990/OtherExpensesGrp/Desc3EDUCATION
IRS990/OtherExpensesGrp/TotalAmt03329540
IRS990/OtherExpensesGrp/TotalAmt11852126
IRS990/OtherExpensesGrp/TotalAmt21104939
IRS990/OtherExpensesGrp/TotalAmt3114173
IRS990/OtherLiabilitiesGrp/BOYAmt0585749066
IRS990/OtherLiabilitiesGrp/EOYAmt0619242099
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1522100
IRS990/OtherRevenueMiscGrp/BusinessCd2522100
IRS990/OtherRevenueMiscGrp/Desc0SERVICE CHARGES AND FEES
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc2ORGANIZATION FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04646969
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1716910
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04646969
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1716910
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2127330
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0127330
IRS990/OtherRevenueTotalAmt05551631
IRS990/OtherSalariesAndWagesGrp/TotalAmt07922524
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0402520879
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0505375680
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0360833
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0STEPHEN WALLACE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME FROM MEMBERS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt029936288
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt029936288
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt07021981
IRS990/PYContributionsGrantsAmt055840
IRS990/PYGrantsAndSimilarPaidAmt0202037
IRS990/PYInvestmentIncomeAmt03207024
IRS990/PYOtherExpensesAmt010941248
IRS990/PYOtherRevenueAmt05108727
IRS990/PYProgramServiceRevenueAmt021860081
IRS990/PYRevenuesLessExpensesAmt01449375
IRS990/PYSalariesCompEmpBnftPaidAmt010617031
IRS990/PYTotalExpensesAmt028782297
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt030231672
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt012334750
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt010331604
IRS990/ReconcilationRevenueExpnssAmt01054143
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt024152
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt054453728

Document Assets

No mirrored PDF or thumbnail assets are attached yet.