Civic Intelligence

Down East Credit Union

990 • Fiscal year 2016 • EIN 01-0213357

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 24, 2017

Organization ProfileWWW.DOWNEASTCU.COM

View Organization Page

PO Box 130Baileyville, ME 04694

(800) 427-1223

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.92x

Higher debt load relative to assets than 93% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

22nd percentile

14.53x

Higher debt load relative to revenue than 22% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

80th percentile

$282,204

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Asset Growth

80th percentile

7.8%

Faster asset growth than 80% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

85th percentile

14%

Faster revenue growth than 85% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$165,292,140

Up $12,016,681 (+7.8%) from 2015

Net Assets

Up

$12,668,070

Up $1,188,762 (+10%) from 2015

Liabilities

Up

$152,624,070

Up $10,827,919 (+7.6%) from 2015

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin67th percentile

Revenue

Up

$10,506,262

Up $1,256,231 (+14%) from 2015

Expenses

Up

$9,069,893

Up $1,082,699 (+14%) from 2015

Net Income

Up

$1,436,369

Up $173,532 (+14%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

$300M$200M$100M$0Assets 2010: $84,410,503Liabilities 2010: $76,446,891Net Assets 2010: $7,963,6122010Assets 2011: $88,519,460Liabilities 2011: $80,040,060Net Assets 2011: $8,479,4002011Assets 2012: $98,143,345Liabilities 2012: $89,005,174Net Assets 2012: $9,138,1712012Assets 2013: $110,022,619Liabilities 2013: $100,010,408Net Assets 2013: $10,012,2112013Assets 2014: $129,260,575Liabilities 2014: $119,044,104Net Assets 2014: $10,216,4712014Assets 2015: $153,275,459Liabilities 2015: $141,796,151Net Assets 2015: $11,479,3082015Assets 2016: $165,292,140Liabilities 2016: $152,624,070Net Assets 2016: $12,668,0702016Assets 2017: $177,992,446Liabilities 2017: $163,678,817Net Assets 2017: $14,313,6292017Assets 2019: $204,294,220Liabilities 2019: $187,240,356Net Assets 2019: $17,053,8642019Assets 2020: $225,778,198Liabilities 2020: $205,774,117Net Assets 2020: $20,004,0812020Assets 2021: $256,516,237Liabilities 2021: $232,537,564Net Assets 2021: $23,978,6732021Assets 2022: $269,624,837Liabilities 2022: $242,272,575Net Assets 2022: $27,352,2622022Assets 2023: $271,299,377Liabilities 2023: $245,220,527Net Assets 2023: $26,078,8502023Assets 2024: $295,430,017Liabilities 2024: $268,741,067Net Assets 2024: $26,688,9502024

Highlighted filing

2016

Assets$165,292,140
Liabilities$152,624,070
Net Assets$12,668,070
Open 2016 Filing

Operations Trend

Revenue Growth85th percentile

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

$20M$15M$10M$5.0M$0Expenses 2010: $6,175,2432010Expenses 2011: $6,256,7092011Expenses 2012: $6,258,6892012Revenue 2013: $7,608,164Expenses 2013: $6,734,124Net Income 2013: $874,0402013Revenue 2014: $8,106,009Expenses 2014: $7,901,749Net Income 2014: $204,2602014Revenue 2015: $9,250,031Expenses 2015: $7,987,194Net Income 2015: $1,262,8372015Revenue 2016: $10,506,262Expenses 2016: $9,069,893Net Income 2016: $1,436,3692016Revenue 2017: $12,668,251Expenses 2017: $11,022,692Net Income 2017: $1,645,5592017Revenue 2019: $15,438,472Expenses 2019: $14,349,619Net Income 2019: $1,088,8532019Revenue 2020: $15,598,749Expenses 2020: $12,648,532Net Income 2020: $2,950,2172020Revenue 2021: $14,995,471Expenses 2021: $11,020,879Net Income 2021: $3,974,5922021Revenue 2022: $14,151,528Expenses 2022: $10,777,939Net Income 2022: $3,373,5892022Revenue 2023: $16,106,826Expenses 2023: $15,058,388Net Income 2023: $1,048,4382023Revenue 2024: $19,451,826Expenses 2024: $18,841,726Net Income 2024: $610,1002024

Highlighted filing

2016

Revenue$10,506,262
Expenses$9,069,893
Net Income$1,436,369
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 24, 2017
Return Version
2016v3.0
Gross Receipts
$10,506,262
Mission and Program Overview

Mission

To provide financial services, including deposit accounts and loans, to credit union members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$123,917,159$137,292,402▲ $13,375,243
Rtn Earn Endowment Incm Other Fnds$11,479,308$12,668,070▲ $1,188,762
Land, Buildings, and Equipment, Net$6,858,068$6,988,491▲ $130,423
Cash and Non-Interest-Bearing Accounts$8,921,404$6,266,298▼ $2,655,106
Prepaid Expenses and Deferred Charges$5,834,448$6,160,191▲ $325,743
Investments Other Securities$4,098,008$4,555,772▲ $457,764
Savings and Temporary Cash Investments$75,978$342,328▲ $266,350
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$153,275,459$165,292,140▲ $12,016,681
Other Assets Total$3,570,394$3,686,658▲ $116,264
Liabilities
Other Liabilities$140,604,130$151,545,703▲ $10,941,573
Accounts Payable and Accrued Expenses$1,192,021$1,078,367▼ $113,654
Total Liabilities$141,796,151$152,624,070▲ $10,827,919
Net Assets / Fund Balance
Total Net Assets Fund Balance$11,479,308$12,668,070▲ $1,188,762
Total Liabilities and Net Assets / Fund Balance$153,275,459$165,292,140▲ $12,016,681

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,947,101$1,286,687$5,233,788
Equipment$1,156,760$1,450,402$2,607,162
Land$1,821,153-$1,821,153
Other Land Buildings$63,477$44,466$107,943
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tozier DavidPresident/CEOFT$246,843$35,361$282,204
Moses JosephEvp/CFOFT$150,424$25,151$175,575
Daggett DanielPres. Consolidated SolutionsFT$117,580$19,678$137,258
Munsey MelaniePres. Downeast InsuranceFT$119,655$5,351$125,006
Curtis RobertVice Chairman-$2,138-$2,138
Enman JamesDirector-$2,138-$2,138
Manza JosephSecretary-$2,138-$2,138
Pottle MasonChairman-$2,138-$2,138
Whalen MichaelDirector-$2,138-$2,138
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,739,918
Investment Income
$15,244
Other Revenue
$1,751,100
Change in Net Assets
$1,436,369
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,799,299
Salaries, Compensation, and Employee Benefits$4,270,594
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,077,766
Office Expenses---$722,316
Fees for Services Other---$485,517
Current Officers, Directors, Trustees, and Key Employees---$459,811
Depreciation Depletion---$459,302
Other Employee Benefits---$419,451
Occupancy---$388,650
Payroll Taxes---$261,596
Travel---$189,525
Advertising---$105,605
Information Technology---$69,629
Fees for Services Accounting---$68,969
Pension Plan Contributions---$51,970
Insurance---$47,378
Interest---$45,036
Fees for Services Legal---$25,478
Other Expenses---$23,183
All Other Expenses---$12,000
Total Functional Expenses$0$0$0$9,069,893
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
MEMBERS' SHARE ACCOUNTS$148,545,703
Borrowed Funds$3,000,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 organization's members have the right to participate in the organization's governance.”

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

“Members of the credit union have the authority to elect the organization's governing body.”

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

“Mergers are subject to approval by members.”

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

“Management and the board of directors both review a copy of the 990 before it is filed.”

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

“The organization has a compliance department that monitors and enforces compliance with the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“Compensation for top management officials, other officers, and key employees is determined by both a cuna salary survey and the board of directors. This salary survey is reviewed by the ceo, cfo and vp of hr.”

Form 990, Part VI, Section C, Line 19

“Financial statements are posted in all branch lobbies for the organization. All other information available upon request.”

Filing and Contact Details

Filer

Filer Name
Down East Credit Union
EIN
01-0213357
Phone
8004271223
Address
PO BOX 130, BAILEYVILLE, ME 04694

Signing Officer

Name
Joseph Moses
Title
President
Phone
8004271223
Signed
2017-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Tozier
Formed
2006
Legal Domicile
Me
Voting Board Members
5
Independent Board Members
5
Employees
90
Volunteers
7

Preparer

Firm
Albin Randall & Bennett
Address
PO BOX 445 130 MIDDLE STREET, PORTLAND, ME 04112-0445
Preparer
Robin L Cyr
Phone
2077721981
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has not changed its oversight or selection processes during the tax year.”

Raw XML AppendixShowing 400 of 453 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt7PRES. CONSOLIDATED SOLUTIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRES. DOWNEAST INSURANCE
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IRS990/ProgramServiceRevenueGrp/Desc0INT ON LOANS TO MEMBERS
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2VISA INTERCHANGE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06939917
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1970261
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2795094
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06939917
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11004907
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2795094
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt034646
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt014106
IRS990/PYOtherExpensesAmt04411076
IRS990/PYOtherRevenueAmt01719419
IRS990/PYProgramServiceRevenueAmt07516506
IRS990/PYRevenuesLessExpensesAmt01262837
IRS990/PYSalariesCompEmpBnftPaidAmt03576118
IRS990/PYTotalExpensesAmt07987194
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09250031
IRS990/ReconcilationRevenueExpnssAmt01436369
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt011479308
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt012668070
IRS990/SavingsAndTempCashInvstGrp/BOYAmt075978
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0342328
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03947101
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01286687
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05233788
IRS990ScheduleD/EquipmentGrp/BookValueAmt01156760
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01450402
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02607162
IRS990ScheduleD/LandGrp/BookValueAmt01821153
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01821153
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt063477
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt044466
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0107943
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03000000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1148545703
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BORROWED FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBERS' SHARE ACCOUNTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06988491
IRS990ScheduleD/TotalLiabilityAmt0151545703
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0150424
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1246843
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt025151
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt121432
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt113929
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MOSES JOSEPH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1TOZIER DAVID
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EVP/CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0175575
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1282204
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S MEMBERS HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE CREDIT UNION HAVE THE AUTHORITY TO ELECT THE ORGANIZATION'S GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MERGERS ARE SUBJECT TO APPROVAL BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MANAGEMENT AND THE BOARD OF DIRECTORS BOTH REVIEW A COPY OF THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS A COMPLIANCE DEPARTMENT THAT MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION FOR TOP MANAGEMENT OFFICIALS, OTHER OFFICERS, AND KEY EMPLOYEES IS DETERMINED BY BOTH A CUNA SALARY SURVEY AND THE BOARD OF DIRECTORS. THIS SALARY SURVEY IS REVIEWED BY THE CEO, CFO AND VP OF HR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS ARE POSTED IN ALL BRANCH LOBBIES FOR THE ORGANIZATION. ALL OTHER INFORMATION AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESSES DURING THE TAX 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 B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0DOWN EAST CREDIT UNION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1DOWN EAST CREDIT UNION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2DOWN EAST CREDIT UNION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0CONSOLIDATED SOLUTIONS II LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1CONSOLIDATED SOLUTIONS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2BAY FINANCIAL LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0010537469
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1010542492
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2200361756
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt03061135
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt11124971
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt279027
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0ME
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1ME
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2ME
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0INSURANCE BROKERAGE SERVICES TO CREDIT UNION MEMBERS
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1INDIRECT LENDING FOR PARTICIPATING CREDIT UNIONS
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt2FINANCIAL SERVICES FOR SMALL BUSINESSES
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0958008
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt1486586
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt2-51586
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0PO BOX 130 23RD AVENUE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt1PO BOX 130 23RD AVENUE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt2PO BOX 130 23RD AVENUE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0BAILEYVILLE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1BAILEYVILLE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm2BAILEYVILLE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0ME
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1ME
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd2ME
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd004694
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd104694
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd204694
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0153275459
IRS990/TotalAssetsEOYAmt0165292140
IRS990/TotalAssetsGrp/BOYAmt0153275459
IRS990/TotalAssetsGrp/EOYAmt0165292140
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt090
IRS990/TotalFunctionalExpensesGrp/TotalAmt09069893
IRS990/TotalGrossUBIAmt0179549
IRS990/TotalLiabilitiesBOYAmt0141796151
IRS990/TotalLiabilitiesEOYAmt0152624070
IRS990/TotalLiabilitiesGrp/BOYAmt0141796151
IRS990/TotalLiabilitiesGrp/EOYAmt0152624070
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011479308
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012668070
IRS990/TotalOtherCompensationAmt071612
IRS990/TotalProgramServiceRevenueAmt08739918
IRS990/TotalReportableCompFromOrgAmt0659121
IRS990/TotalRevenueGrp/ExclusionAmt015244
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010311469

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$165,292,140
Liabilities
$152,624,070
Net assets
$12,668,070
Revenue
$10,506,262
Expenses
$9,069,893
Net income
$1,436,369
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$295$269$26.7$19.5$18.8$0.61
2023Detailed filing. Detailed filing data is available for this year.$271$245$26.1$16.1$15.1$1.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$270$242$27.4$14.2$10.8$3.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$257$233$24.0$15.0$11.0$3.97
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$226$206$20.0$15.6$12.6$2.95
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$204$187$17.1$15.4$14.3$1.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$178$164$14.3$12.7$11.0$1.65
2016Detailed filing. Detailed filing data is available for this year.$165$153$12.7$10.5$9.07$1.44
2015Detailed filing. Detailed filing data is available for this year.$153$142$11.5$9.25$7.99$1.26
2014Detailed filing. Detailed filing data is available for this year.$129$119$10.2$8.11$7.90$0.20
2013Detailed filing. Detailed filing data is available for this year.$110$100$10.0$7.61$6.73$0.87
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$98.1$89.0$9.14$6.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$88.5$80.0$8.48$6.26
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$84.4$76.4$7.96$6.18