Civic Intelligence

Five County Credit Union

990 • Fiscal year 2023 • EIN 01-0261795

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 11, 2024

765 Washington StreetBath, ME 04530

(207) 443-3528

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.91x

Higher debt load relative to assets than 53% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2023

Liabilities / Revenue

20th percentile

13.76x

Higher debt load relative to revenue than 20% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2023

Net Margin

54th percentile

13%

Higher net margin than 54% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2023

Top Officer Pay

77th percentile

$604,384

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2023

Asset Growth

18th percentile

-2.7%

Faster asset growth than 18% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Revenue Growth

56th percentile

24%

Faster revenue growth than 56% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Assets

Down

$358,165,631

Down $10,108,256 (-2.7%) from 2022

Net Assets

Up

$33,399,912

Up $2,405,924 (+7.8%) from 2022

Liabilities

Down

$324,765,719

Down $12,514,180 (-3.7%) from 2022

Revenue

Up

$23,598,688

Up $4,567,583 (+24%) from 2022

Expenses

Up

$20,551,841

Up $3,177,330 (+18%) from 2022

Net Income

Up

$3,046,847

Up $1,390,253 (+84%) from 2022

Historical Trend

Balance Sheet Trend

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

$400M$300M$200M$100M$0Assets 2010: $184,007,613Liabilities 2010: $169,847,162Net Assets 2010: $14,160,4512010Assets 2011: $194,190,382Liabilities 2011: $180,123,274Net Assets 2011: $14,067,1082011Assets 2012: $206,763,689Liabilities 2012: $191,491,080Net Assets 2012: $15,272,6092012Assets 2013: $211,221,587Liabilities 2013: $194,942,518Net Assets 2013: $16,279,0692013Assets 2014: $217,412,610Liabilities 2014: $200,350,069Net Assets 2014: $17,062,5412014Assets 2015: $224,008,302Liabilities 2015: $206,402,044Net Assets 2015: $17,606,2582015Assets 2016: $230,750,687Liabilities 2016: $211,505,023Net Assets 2016: $19,245,6642016Assets 2017: $243,225,384Liabilities 2017: $222,169,668Net Assets 2017: $21,055,7162017Assets 2018: $244,228,721Liabilities 2018: $220,930,458Net Assets 2018: $23,298,2632018Assets 2019: $261,463,831Liabilities 2019: $236,775,116Net Assets 2019: $24,688,7152019Assets 2020: $311,529,938Liabilities 2020: $285,497,450Net Assets 2020: $26,032,4882020Assets 2021: $349,962,070Liabilities 2021: $321,634,663Net Assets 2021: $28,327,4072021Assets 2022: $368,273,887Liabilities 2022: $337,279,899Net Assets 2022: $30,993,9882022Assets 2023: $358,165,631Liabilities 2023: $324,765,719Net Assets 2023: $33,399,9122023Assets 2024: $384,217,441Liabilities 2024: $348,487,099Net Assets 2024: $35,730,3422024

Highlighted filing

2023

Assets$358,165,631
Liabilities$324,765,719
Net Assets$33,399,912

Operations Trend

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

$30M$20M$10M$0Expenses 2010: $12,454,2312010Expenses 2011: $13,134,5902011Expenses 2012: $13,138,9172012Revenue 2013: $14,243,271Expenses 2013: $13,236,805Net Income 2013: $1,006,4662013Revenue 2014: $14,486,559Expenses 2014: $13,703,087Net Income 2014: $783,4722014Revenue 2015: $14,761,083Expenses 2015: $14,217,365Net Income 2015: $543,7182015Revenue 2016: $15,469,240Expenses 2016: $13,829,834Net Income 2016: $1,639,4062016Revenue 2017: $16,297,716Expenses 2017: $14,487,664Net Income 2017: $1,810,0522017Revenue 2018: $17,087,144Expenses 2018: $14,844,597Net Income 2018: $2,242,5472018Revenue 2019: $17,621,394Expenses 2019: $16,248,280Net Income 2019: $1,373,1142019Revenue 2020: $17,667,578Expenses 2020: $16,373,196Net Income 2020: $1,294,3822020Revenue 2021: $16,981,136Expenses 2021: $14,732,930Net Income 2021: $2,248,2062021Revenue 2022: $19,031,105Expenses 2022: $17,374,511Net Income 2022: $1,656,5942022Revenue 2023: $23,598,688Expenses 2023: $20,551,841Net Income 2023: $3,046,8472023Revenue 2024: $26,215,158Expenses 2024: $23,993,228Net Income 2024: $2,221,9302024

Highlighted filing

2023

Revenue$23,598,688
Expenses$20,551,841
Net Income$3,046,847
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 11, 2024
Return Version
2023v5.1
Gross Receipts
$23,755,370
Mission and Program Overview

Mission

Delivering relationship services with trusted solutions.

Delivering true convenience through extended hours, modern & traditional banking services and trusted solutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$226,006,593$263,852,296▲ $37,845,703
Savings and Temporary Cash Investments$102,886,530$55,483,600▼ $47,402,930
Rtn Earn Endowment Incm Other Fnds$30,993,988$33,399,912▲ $2,405,924
Land, Buildings, and Equipment, Net$10,557,463$10,294,296▼ $263,167
Investments Other Securities$7,016,057$6,738,298▼ $277,759
Investments in Publicly Traded Securities$5,779,621$5,386,381▼ $393,240
Cash and Non-Interest-Bearing Accounts$4,327,300$4,519,344▲ $192,044
Receivables From Officers Etc$956,327$956,327→ $0
Prepaid Expenses and Deferred Charges$760,150$869,975▲ $109,825
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$368,273,887$358,165,631▼ $10,108,256
Other Assets Total$9,983,846$10,065,114▲ $81,268
Liabilities
Other Liabilities$331,963,717$317,269,224▼ $14,694,493
Accounts Payable and Accrued Expenses$5,266,059$7,126,447▲ $1,860,388
Escrow Account Liability$50,123$370,048▲ $319,925
Total Liabilities$337,279,899$324,765,719▼ $12,514,180
Net Assets / Fund Balance
Total Net Assets Fund Balance$30,993,988$33,399,912▲ $2,405,924
Total Liabilities and Net Assets / Fund Balance$368,273,887$358,165,631▼ $10,108,256

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,224,635$4,110,415$11,335,050
Equipment$1,040,347$6,217,849$7,258,196
Land$1,989,763-$1,989,763
Leasehold Improvements$39,551$233,171$272,722
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julie a MarquisPresident & CEOFT$303,782$300,602$604,384
Kenneth H StockfordSVP Finance & Technology/cFT$157,011$151,495$308,506
Michael FoleySVP Support ServicesFT$151,144$138,390$289,534
Jennifer AndersenSVP Retail ServicesFT$174,808$79,283$254,091
Terri RyanSVP AdministrationFT$157,666$73,716$231,382
Lynn FarmerSVP Human ResourcesFT$139,621$60,189$199,810
Patty DuffyHighest Compensated EmployeeFT$115,913$7,825$123,738

Board Members and Trustees

NameTitle
Robert BrewerChairman
Merlin SuggsVice Chairman
A BosicaDirector
Bruce WilsonDirector
Peter DecourcyDirector
Sam MayDirector
Mona FaulterSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
SynergentService BureauPO BOX 1236, Portland, ME 04104$630,933
Portland SafeAtm & SecurityPO BOX 1540, Gray, ME 04039$203,903
Burgess Technology ServicesTechnology Services6 OAK GROVE AVE, Bath, ME 04530$146,583
First Light FiberCommunicationsPO BOX 1301, Williston, VT 05495$144,002
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$16,921,906
Investment Income
$3,327,791
Other Revenue
$3,348,991
Change in Net Assets
$3,046,847

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,598,688
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$71,713
Total Revenue per Audited Statements
$23,670,401
Total Revenue per Form 990
$23,598,688
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,133,796
Other Expenses$8,210,504
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$7,966,275
Occupancy---$1,417,672
Benefits to Members---$1,207,541
Other Expenses---$1,062,583
Other Employee Benefits---$957,144
Current Officers, Directors, Trustees, and Key Employees---$912,890
Depreciation Depletion---$896,368
Pension Plan Contributions---$668,954
Payroll Taxes---$628,533
Advertising---$550,267
Fees for Services Other---$509,452
Information Technology---$250,298
Fees for Services Accounting---$180,734
Travel---$175,171
Insurance---$163,471
Fees for Services Legal---$33,764
Interest---$4,373
Total Functional Expenses$0$0$0$20,551,841

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$20,551,841
Total Expenses per Audited Statements$20,551,841
Total Expenses per Form 990$20,551,841
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
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$12,366
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$956,327$956,327→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
MEMBERS' SHARES & SAVINGS ACCOUNTS$316,779,305
Lease Obligations - Operating$489,919
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
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

Changed par value from $25 to $5

Form 990, Part VI, Section A, Line 6

Five county credit union offers membership to anyone who works, resides or worships in androscoggin, cumberland, franklin, kennebec, knox, lincoln, oxford, penobscot, piscataquis, sagadahoc, somerset, and waldo county. Membership is also available to employees of bath iron works, employees of five county federal credit union and relatives of all such employees.

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

Five county credit union members own the credit union. Members are entitled to elect, and be elected to the volunteer board of directors, which is composed of fellow members and sets policies for the operation of the credit union based on the needs and wishes of members. The board of directors sets dividend rates, loan interest rates, and fees among other things, and also determines credit union policy.

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

Upon completion of form 990, the governing body reviews the return before it is filed.

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

Compliance with the policy is reviewed annually by board of directors. The board of directors and management watch for instances of any conflict of interest at all times.

Form 990, Part VI, Section B, Line 15

Five county credit union uses compease salary administration program to determine compensation of the credit union's officers and key employees. Additionally, yearly compensation reviews are performed for all employees.

Form 990, Part VI, Section C, Line 19

Five county credit union's governing documents and conflict of interest policy are available to the public upon request. Financial statements are displayed in lobbies.

Filing and Contact Details

Filer

Filer Name
Five County Credit Union
EIN
01-0261795
Phone
2074433528
Address
765 WASHINGTON STREET, BATH, ME 04530

Signing Officer

Name
Julie a Marquis
Title
CEO & Treasurer
Phone
2074433528
Signed
2024-09-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie a Marquis
Formed
1956
Legal Domicile
Me
Voting Board Members
7
Independent Board Members
7
Employees
163
Volunteers
11

Preparer

Firm
Wipfli Llp
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:

Other comprehensive loss -24,699. Adoption of asc 326 -687,937.

Financial Statement Notes

PART IV, LINE 2B:

Held back commercial loans. When funds are requested bls visits the property and approves or declines the funds.

PART X, LINE 2:

The credit union is exempt from federal and state income taxes under the provisions of the internal revenue code, except to the extent it has unrelated business income.

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IRS990/Desc0FIVE COUNTY CREDIT UNION'S FIELD OF MEMBERSHIP INCLUDES PERSONS WHO LIVE OR WORK IN THE COUNTIES OF ANDROSCOGGIN, CUMBERLAND, LINCOLN, KENNEBEC, SAGADAHOC, WALDO, SOMERSET, AND KNOX, MAINE, ALL ACTIVE AND RETIRED EMPLOYEES OF BATH IRON WORKS, AND RELATIVES OF ELIGIBLE MEMBERS. THE CREDIT UNION'S PRIMARY ACTIVITY IS PROVIDING LOANS TO MEMBERS AND THEIR FAMILIES. AS OF 12/31/23, FIVE COUNTY CREDIT UNION SERVES 29,650 MEMBERS AND HAS TOTAL DEPOSITS OF $317,149,354. IN ADDITION, THE CREDIT UNION HAS 22,511 OUTSTANDING LOANS TO MEMBERS WITH A TOTAL BALANCE OF $265,490,599 AT 12/31/2023.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7550983
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8273046
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9196771
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10256285
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11174848
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12225779
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13115913
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/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8SVP FINANCE & TECHNOLOGY/C
IRS990/Form990PartVIISectionAGrp/TitleTxt9SVP ADMINISTRATION
IRS990/Form990PartVIISectionAGrp/TitleTxt10SVP SUPPORT SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt11SVP HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt12SVP RETAIL SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt13HIGHEST COMPENSATED EMPLOYEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01956
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-9584
IRS990/GainOrLossGrp/SecuritiesAmt0-8117
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0138981
IRS990/GrossReceiptsAmt023755370
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0250298
IRS990/InsuranceGrp/TotalAmt0163471
IRS990/InterestGrp/TotalAmt04373
IRS990/InvestmentIncomeGrp/ExclusionAmt03345492
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03345492
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt07016057
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt06738298
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05779621
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05386381
IRS990/IRPDocumentCnt04145
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010561435
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010557463
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010294296
IRS990/LandBldgEquipCostOrOtherBssAmt020855731
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt09584
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0147098
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DELIVERING TRUE CONVENIENCE THROUGH EXTENDED HOURS, MODERN & TRADITIONAL BANKING SERVICES AND TRUSTED SOLUTIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt030993988
IRS990/NetAssetsOrFundBalancesEOYAmt033399912
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-17701
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-17701
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt071713
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01417672
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09983846
IRS990/OtherAssetsTotalGrp/EOYAmt010065114
IRS990/OtherChangesInNetAssetsAmt0-712636
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0957144
IRS990/OtherExpensesGrp/Desc0OTHER OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/TotalAmt02966351
IRS990/OtherExpensesGrp/TotalAmt11062583
IRS990/OtherLiabilitiesGrp/BOYAmt0331963717
IRS990/OtherLiabilitiesGrp/EOYAmt0317269224
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/BusinessCd2524113
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS FEE INCOME
IRS990/OtherRevenueMiscGrp/Desc1ATM FEES
IRS990/OtherRevenueMiscGrp/Desc2INSURANCE INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02836605
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt129204
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02836605
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1303330
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2209056
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0274126
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt1209056
IRS990/OtherRevenueTotalAmt03348991
IRS990/OtherSalariesAndWagesGrp/TotalAmt07966275
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0226006593
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0263852296
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0628533
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0668954
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0760150
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0869975
IRS990/PrincipalOfficerNm0JULIE A MARQUIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1MEMBER SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013052222
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13869684
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013052222
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13869684
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0435820
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01516679
IRS990/PYOtherExpensesAmt07025519
IRS990/PYOtherRevenueAmt03705069
IRS990/PYProgramServiceRevenueAmt013809357
IRS990/PYRevenuesLessExpensesAmt01656594
IRS990/PYSalariesCompEmpBnftPaidAmt09913172
IRS990/PYTotalExpensesAmt017374511
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt019031105
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0956327
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0956327
IRS990/ReconcilationRevenueExpnssAmt03046847
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt030993988
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt033399912
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0102886530
IRS990/SavingsAndTempCashInvstGrp/EOYAmt055483600
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/PoliticalExpendituresAmt012366
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0$9,206 OF THE DUES PAID BY FIVE COUNTY CREDIT UNION TO THE MAINE CREDIT UNION LEAGUE IN 2023 WERE USED TOWARDS LEGISLATION ACTION. $3,160 IN EXPENSES FOR PARTICIPATION IN GAC.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I-A, LINE 1:
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt07224635
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04110415
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011335050
IRS990ScheduleD/EquipmentGrp/BookValueAmt01040347
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06217849
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07258196
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt020551841
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt01989763
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01989763
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt039551
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0233171
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0272722
IRS990ScheduleD/NetUnrealizedGainsInvstAmt071713
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0316779305
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1489919
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' SHARES & SAVINGS ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE OBLIGATIONS - OPERATING
IRS990ScheduleD/RevenueNotReportedAmt071713
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt023598688
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0HELD BACK COMMERCIAL LOANS. WHEN FUNDS ARE REQUESTED BLS VISITS THE PROPERTY AND APPROVES OR DECLINES THE FUNDS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010294296
IRS990ScheduleD/TotalExpensesPerForm990Amt020551841
IRS990ScheduleD/TotalLiabilityAmt0317269224
IRS990ScheduleD/TotalRevenuePerForm990Amt023598688
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt023670401
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt020551841
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IdemnificationGrossUpPmtsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0303782
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1157011
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2151144
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3174808
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4157666
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5139621
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount055907
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount133119
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount228388
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount328202
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount428533
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount528195
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$384$348$35.7$26.2$24.0$2.22
2023Detailed filing. Detailed filing data is available for this year.$358$325$33.4$23.6$20.6$3.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$368$337$31.0$19.0$17.4$1.66
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$350$322$28.3$17.0$14.7$2.25
2020Detailed filing. Detailed filing data is available for this year.$312$285$26.0$17.7$16.4$1.29
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$261$237$24.7$17.6$16.2$1.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$244$221$23.3$17.1$14.8$2.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$243$222$21.1$16.3$14.5$1.81
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$231$212$19.2$15.5$13.8$1.64
2015Detailed filing. Detailed filing data is available for this year.$224$206$17.6$14.8$14.2$0.54
2014Detailed filing. Detailed filing data is available for this year.$217$200$17.1$14.5$13.7$0.78
2013Detailed filing. Detailed filing data is available for this year.$211$195$16.3$14.2$13.2$1.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$207$191$15.3$13.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$194$180$14.1$13.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$184$170$14.2$12.5