Civic Intelligence

Community Credit Union

990 • Fiscal year 2014 • EIN 01-0206603

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 06, 2015

Organization ProfileWWW.COMMUNITYCREDITUNION.COM

View Organization Page

144 Pine StreetLewiston, ME 04240

(207) 783-2096

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

51st percentile

0.88x

Higher debt load relative to assets than 51% of similar nonprofits.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

14th percentile

13.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2014

Net Margin

58th percentile

8.8%

Higher net margin than 58% of similar nonprofits.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

75th percentile

$118,394

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2014

Asset Growth

45th percentile

1.1%

Faster asset growth than 45% of similar nonprofits.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

76th percentile

3.5%

Faster revenue growth than 76% of similar nonprofits.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$44,788,554

Up $496,545 (+1.1%) from 2013

Net Assets

Up

$5,317,019

Up $337,667 (+6.8%) from 2013

Liabilities

Up

$39,471,535

Up $158,878 (+0.4%) from 2013

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin58th percentile

Revenue

Up

$3,035,571

Up $103,742 (+3.5%) from 2013

Expenses

Up

$2,768,017

Up $32,206 (+1.2%) from 2013

Net Income

Up

$267,554

Up $71,536 (+36%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2010: $44,627,744Liabilities 2010: $40,480,374Net Assets 2010: $4,147,3702010Assets 2011: $43,223,378Liabilities 2011: $38,793,335Net Assets 2011: $4,430,0432011Assets 2012: $43,093,977Liabilities 2012: $38,380,680Net Assets 2012: $4,713,2972012Assets 2013: $44,292,009Liabilities 2013: $39,312,657Net Assets 2013: $4,979,3522013Assets 2014: $44,788,554Liabilities 2014: $39,471,535Net Assets 2014: $5,317,0192014Assets 2015: $47,241,071Liabilities 2015: $41,815,659Net Assets 2015: $5,425,4122015Assets 2016: $50,674,532Liabilities 2016: $45,010,074Net Assets 2016: $5,664,4582016Assets 2017: $54,855,899Liabilities 2017: $48,956,542Net Assets 2017: $5,899,3572017Assets 2018: $58,667,089Liabilities 2018: $52,553,560Net Assets 2018: $6,113,5292018Assets 2019: $63,352,838Liabilities 2019: $57,007,648Net Assets 2019: $6,345,1902019Assets 2020: $80,177,074Liabilities 2020: $73,533,499Net Assets 2020: $6,643,5752020Assets 2021: $89,168,246Liabilities 2021: $80,140,869Net Assets 2021: $9,027,3772021Assets 2022: $94,739,366Liabilities 2022: $84,631,886Net Assets 2022: $10,107,4802022Assets 2023: $99,902,525Liabilities 2023: $89,010,106Net Assets 2023: $10,892,4192023Assets 2024: $110,687,344Liabilities 2024: $99,401,257Net Assets 2024: $11,286,0872024

Highlighted filing

2014

Assets$44,788,554
Liabilities$39,471,535
Net Assets$5,317,019
Open 2014 Filing

Operations Trend

Revenue Growth76th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0Expenses 2010: $3,028,3142010Revenue 2011: $2,982,872Expenses 2011: $2,766,201Net Income 2011: $216,6712011Expenses 2012: $2,670,4482012Revenue 2013: $2,931,829Expenses 2013: $2,735,811Net Income 2013: $196,0182013Revenue 2014: $3,035,571Expenses 2014: $2,768,017Net Income 2014: $267,5542014Revenue 2015: $3,015,388Expenses 2015: $2,948,813Net Income 2015: $66,5752015Revenue 2016: $3,220,647Expenses 2016: $3,018,602Net Income 2016: $202,0452016Revenue 2017: $3,558,144Expenses 2017: $3,323,245Net Income 2017: $234,8992017Revenue 2018: $3,889,078Expenses 2018: $3,674,906Net Income 2018: $214,1722018Revenue 2019: $4,143,288Expenses 2019: $3,911,627Net Income 2019: $231,6612019Revenue 2020: $4,212,007Expenses 2020: $3,913,622Net Income 2020: $298,3852020Revenue 2021: $6,619,474Expenses 2021: $4,235,672Net Income 2021: $2,383,8022021Revenue 2022: $6,012,945Expenses 2022: $4,932,842Net Income 2022: $1,080,1032022Revenue 2023: $7,357,116Expenses 2023: $6,572,177Net Income 2023: $784,9392023Revenue 2024: $9,121,890Expenses 2024: $8,275,831Net Income 2024: $846,0592024

Highlighted filing

2014

Revenue$3,035,571
Expenses$2,768,017
Net Income$267,554
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 6, 2015
Return Version
2014v5.0
Gross Receipts
$3,035,571
Mission and Program Overview

Mission

Community credit union is a member owned organization whose purpose is to provide convenient, quality, personalized service while maintaining financial stability.

To provide financial services to it's members

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$31,432,796$32,657,732▲ $1,224,936
Investments Other Securities$5,852,915$7,092,915▲ $1,240,000
Rtn Earn Endowment Incm Other Fnds$2,399,091$2,736,758▲ $337,667
Pd in Cap Srpls Land Bldg Eqp Fund$2,580,261$2,580,261→ $0
Cash and Non-Interest-Bearing Accounts$5,218,748$2,577,146▼ $2,641,602
Land, Buildings, and Equipment, Net$1,181,490$1,213,968▲ $32,478
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$44,292,009$44,788,554▲ $496,545
Other Assets Total$606,060$1,246,793▲ $640,733
Liabilities
Other Liabilities$39,007,253$39,284,958▲ $277,705
Accounts Payable and Accrued Expenses$305,404$186,577▼ $118,827
Total Liabilities$39,312,657$39,471,535▲ $158,878
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,979,352$5,317,019▲ $337,667
Total Liabilities and Net Assets / Fund Balance$44,292,009$44,788,554▲ $496,545

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$541,572$697,209$1,238,781
Equipment$253,297$582,577$835,874
Land$397,986-$397,986
Other Land Buildings$21,113$46,680$67,793
Other Securities$6,944,000--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kerry WoodPresident/CEOFT$109,099$9,295$118,394

Board Members and Trustees

NameTitle
Thomas AveryChair
Barbara HardisonVice-chair
Anne JarvisDirector
Laurie Cyr-martelDirector
Maynard ChapmanDirector
Sidney HazeltonDirector
Marcel GagneClerk/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,035,571
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$267,554

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,035,571
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,035,571
Total Revenue per Form 990
$3,035,571
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,524,115
Salaries, Compensation, and Employee Benefits$1,243,902
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$841,232
Other Employee Benefits---$205,512
Occupancy---$179,347
All Other Expenses---$158,496
Other Expenses---$140,662
Current Officers, Directors, Trustees, and Key Employees---$118,394
Payroll Taxes---$78,764
Total Functional Expenses$0$0$0$2,768,017

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,768,017
Total Expenses per Audited Statements$2,768,017
Total Expenses per Form 990$2,768,017
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares and Savings Accounts$39,284,958
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 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
No
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 organization is a credit union which is owned by its members”

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

“The members of the credit union may elect the members of the governing body (board of directors)”

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

“Some decisions made by the governing body (board of directors) may need approval by the credit union's members. Examples are a name change, merger and change from state to federal charter. Some of these examples are part of title 9b of the bureau of financial institutions and part of the organizations bylaws.”

Form 990, Part VI, Section A, line 8B

“The supervisory committee does keep minutes to their meetings but does not have the authority to act on behalf of the governing body (board of directors)”

Form 990, Part VI, Section B, line 11

“The governing body (board of directors) has given the authority of approving the form 990 to its ceo.”

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

“The credit union reviews conflicts of interest on an annual basis”

Form 990, Part VI, Section B, line 15A

“The credit union uses comp-ease to determine salary ranges for all employees. Final approval is delegated to the executive committee of the board of directors.”

Form 990, Part VI, Section C, line 19

“Documents are made available upon request”

Filing and Contact Details

Filer

Filer Name
Community Credit Union
EIN
01-0206603
Phone
2077832096
Address
144 PINE STREET, LEWISTON, ME 04240

Signing Officer

Name
Jennifer Hogan
Title
Interim CEO
Phone
2077830296
Signed
2015-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Hogan
Formed
1945
Legal Domicile
Me
Voting Board Members
7
Independent Board Members
7
Employees
40
Volunteers
0

Preparer

Firm
Ouellette & Associates Pa
Address
1111 LISBON STREET, LEWISTON, ME 04240
Preparer
Mark R Carrier CPA
Phone
2077860328
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Accumulated other comp income - post retirement 70113.”

Form 990, Part XII, Line 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“Management has determined that the credit union does not have any uncertain tax positions and associated unrecognized benefits that materially impact the financial statements or related disclosures. Since tax matters are subject to some degree of uncertainty, there can be no assurance that the credit union's tax returns will not be challenged by the taxing authorities. Generally, the credit union's tax returns remain open for three years for federal income tax examination.”

Raw XML Appendix366 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/BOYAmt0305404
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0186577
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE FINANCIAL SERVICES TO IT'S MEMBERS
IRS990/AllOtherExpensesGrp/TotalAmt0158496
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0COMMUNITY CREDIT UNION
IRS990/BooksInCareOfDetail/PhoneNum02077832096
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0144 PINE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0LEWISTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990/BooksInCareOfDetail/USAddress/ZIPCd004240
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt05218748
IRS990/CashNonInterestBearingGrp/EOYAmt02577146
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0118394
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01524115
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03035571
IRS990/CYRevenuesLessExpensesAmt0267554
IRS990/CYSalariesCompEmpBnftPaidAmt01243902
IRS990/CYTotalExpensesAmt02768017
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03035571
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVIDE FINANCIAL SERVICES TO IT'S MEMBERS
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt040
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt02740676
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt79295
IRS990/Form990PartVIISectionAGrp/PersonNm0THOMAS AVERY
IRS990/Form990PartVIISectionAGrp/PersonNm1BARBARA HARDISON
IRS990/Form990PartVIISectionAGrp/PersonNm2MARCEL GAGNE
IRS990/Form990PartVIISectionAGrp/PersonNm3LAURIE CYR-MARTEL
IRS990/Form990PartVIISectionAGrp/PersonNm4MAYNARD CHAPMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5SIDNEY HAZELTON
IRS990/Form990PartVIISectionAGrp/PersonNm6ANNE JARVIS
IRS990/Form990PartVIISectionAGrp/PersonNm7KERRY WOOD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7109099
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/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CLERK/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT/CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01945
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03035571
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt05852915
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt07092915
IRS990/IRPDocumentCnt01367
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01326466
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01181490
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01213968
IRS990/LandBldgEquipCostOrOtherBssAmt02540434
IRS990/LegalDomicileStateCd0ME
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0COMMUNITY CREDIT UNION IS A MEMBER OWNED ORGANIZATION WHOSE PURPOSE IS TO PROVIDE CONVENIENT, QUALITY, PERSONALIZED SERVICE WHILE MAINTAINING FINANCIAL STABILITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04979352
IRS990/NetAssetsOrFundBalancesEOYAmt05317019
IRS990/NetUnrelatedBusTxblIncmAmt0-6418
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0179347
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0606060
IRS990/OtherAssetsTotalGrp/EOYAmt01246793
IRS990/OtherChangesInNetAssetsAmt070113
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0205512
IRS990/OtherExpensesGrp/Desc0OFFICE OPERATIONS
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2DIVIDENDS
IRS990/OtherExpensesGrp/Desc3LOAN SERVICING
IRS990/OtherExpensesGrp/TotalAmt0731207
IRS990/OtherExpensesGrp/TotalAmt1171182
IRS990/OtherExpensesGrp/TotalAmt2143221
IRS990/OtherExpensesGrp/TotalAmt3140662
IRS990/OtherLiabilitiesGrp/BOYAmt039007253
IRS990/OtherLiabilitiesGrp/EOYAmt039284958
IRS990/OtherOrganizationDsc0Financial Institution
IRS990/OtherSalariesAndWagesGrp/TotalAmt0841232
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt031432796
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt032657732
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt078764
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt02580261
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt02580261
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JENNIFER HOGAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0FINANCIAL INSTITUTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03012178
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03035571
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt023393
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01454401
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02931829
IRS990/PYRevenuesLessExpensesAmt0196018
IRS990/PYSalariesCompEmpBnftPaidAmt01281410
IRS990/PYTotalExpensesAmt02735811
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02931829
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0267554
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03012178
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02399091
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02736758
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0541572
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0697209
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01238781
IRS990ScheduleD/EquipmentGrp/BookValueAmt0253297
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0582577
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0835874
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02768017
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0397986
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0397986
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021113
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046680
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt067793
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt039284958
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES AND SAVINGS ACCOUNTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0133915
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt115000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt26944000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MEMBERSHIP CAPITAL SHARE DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1DEBENTURES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CERTIFICATES OF DEPOSIT IN OTHER INSTITUTIONS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03035571
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS DETERMINED THAT THE CREDIT UNION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE CREDIT UNION'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES. GENERALLY, THE CREDIT UNION'S TAX RETURNS REMAIN OPEN FOR THREE YEARS FOR FEDERAL INCOME TAX EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01213968
IRS990ScheduleD/TotalBookValueSecuritiesAmt07092915
IRS990ScheduleD/TotalExpensesPerForm990Amt02768017
IRS990ScheduleD/TotalLiabilityAmt039284958
IRS990ScheduleD/TotalRevenuePerForm990Amt03035571
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03035571
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02768017
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A CREDIT UNION WHICH IS OWNED BY ITS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE CREDIT UNION MAY ELECT THE MEMBERS OF THE GOVERNING BODY (BOARD OF DIRECTORS)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SOME DECISIONS MADE BY THE GOVERNING BODY (BOARD OF DIRECTORS) MAY NEED APPROVAL BY THE CREDIT UNION'S MEMBERS. EXAMPLES ARE A NAME CHANGE, MERGER AND CHANGE FROM STATE TO FEDERAL CHARTER. SOME OF THESE EXAMPLES ARE PART OF TITLE 9B OF THE BUREAU OF FINANCIAL INSTITUTIONS AND PART OF THE ORGANIZATIONS BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SUPERVISORY COMMITTEE DOES KEEP MINUTES TO THEIR MEETINGS BUT DOES NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY (BOARD OF DIRECTORS)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING BODY (BOARD OF DIRECTORS) HAS GIVEN THE AUTHORITY OF APPROVING THE FORM 990 TO ITS CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CREDIT UNION REVIEWS CONFLICTS OF INTEREST ON AN ANNUAL BASIS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CREDIT UNION USES COMP-EASE TO DETERMINE SALARY RANGES FOR ALL EMPLOYEES. FINAL APPROVAL IS DELEGATED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACCUMULATED OTHER COMP INCOME - POST RETIREMENT 70113.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt044292009
IRS990/TotalAssetsEOYAmt044788554
IRS990/TotalAssetsGrp/BOYAmt044292009
IRS990/TotalAssetsGrp/EOYAmt044788554
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt040
IRS990/TotalFunctionalExpensesGrp/TotalAmt02768017
IRS990/TotalGrossUBIAmt023393
IRS990/TotalLiabilitiesBOYAmt039312657
IRS990/TotalLiabilitiesEOYAmt039471535
IRS990/TotalLiabilitiesGrp/BOYAmt039312657
IRS990/TotalLiabilitiesGrp/EOYAmt039471535
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04979352
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05317019
IRS990/TotalOtherCompensationAmt09295
IRS990/TotalProgramServiceExpensesAmt02740676
IRS990/TotalProgramServiceRevenueAmt03035571
IRS990/TotalReportableCompFromOrgAmt0109099
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03012178
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03035571
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt023393
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt044292009
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt044788554
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0144 PINE STREET
IRS990/USAddress/CityNm0LEWISTON
IRS990/USAddress/StateAbbreviationCd0ME
IRS990/USAddress/ZIPCd004240
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.COMMUNITYCREDITUNION.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER HOGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0INTERIM CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02077830296
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMMUNITY CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0010206603
ReturnHeader/Filer/PhoneNum02077832096
ReturnHeader/Filer/USAddress/AddressLine1Txt0144 PINE STREET
ReturnHeader/Filer/USAddress/CityNm0LEWISTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004240
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010448675
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OUELLETTE & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01111 LISBON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEWISTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004240
ReturnHeader/PreparerPersonGrp/PhoneNum02077860328
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK R CARRIER CPA
ReturnHeader/ReturnTs02015-11-13T09:36:09-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$44,788,554
Liabilities
$39,471,535
Net assets
$5,317,019
Revenue
$3,035,571
Expenses
$2,768,017
Net income
$267,554
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$111$99.4$11.3$9.12$8.28$0.85
2023Detailed filing. Detailed filing data is available for this year.$99.9$89.0$10.9$7.36$6.57$0.78
2022Detailed filing. Detailed filing data is available for this year.$94.7$84.6$10.1$6.01$4.93$1.08
2021Detailed filing. Detailed filing data is available for this year.$89.2$80.1$9.03$6.62$4.24$2.38
2020Detailed filing. Detailed filing data is available for this year.$80.2$73.5$6.64$4.21$3.91$0.30
2019Detailed filing. Detailed filing data is available for this year.$63.4$57.0$6.35$4.14$3.91$0.23
2018Detailed filing. Detailed filing data is available for this year.$58.7$52.6$6.11$3.89$3.67$0.21
2017Detailed filing. Detailed filing data is available for this year.$54.9$49.0$5.90$3.56$3.32$0.23
2016Detailed filing. Detailed filing data is available for this year.$50.7$45.0$5.66$3.22$3.02$0.20
2015Detailed filing. Detailed filing data is available for this year.$47.2$41.8$5.43$3.02$2.95$0.07
2014Detailed filing. Detailed filing data is available for this year.$44.8$39.5$5.32$3.04$2.77$0.27
2013Detailed filing. Detailed filing data is available for this year.$44.3$39.3$4.98$2.93$2.74$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.1$38.4$4.71$2.67
2011Summary only. Only limited summary data is available for this year.$43.2$38.8$4.43$2.98$2.77$0.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.6$40.5$4.15$3.03