Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
990 • Fiscal year 2021 • EIN 01-0409063
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Liabilities / Revenue
73rd percentile
Higher debt load relative to revenue than 73% of similar nonprofits.
Net Margin
44th percentile
Higher net margin than 44% of similar nonprofits.
Top Officer Pay
29th percentile
Higher top officer pay than 29% of similar nonprofits.
Top officer pay equals 4.0% of source-year revenue.
Asset Growth
39th percentile
Faster asset growth than 39% of similar nonprofits.
Revenue Growth
17th percentile
Faster revenue growth than 17% of similar nonprofits.
Assets
Up$117,326,918
Up $9,718,663 (+9.0%) from 2020
Net Assets
Up$10,007,709
Up $518,347 (+5.5%) from 2020
Liabilities
Up$107,319,209
Up $9,200,316 (+9.4%) from 2020
Revenue
Down$4,204,560
Down $240,194 (-5.4%) from 2020
Expenses
Down$3,686,213
Down $386,354 (-9.5%) from 2020
Net Income
Up$518,347
Up $146,160 (+39%) from 2020
Provide members with savings and loan services
Provide members with savings and loan services.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $53,963,280 | $53,462,685 | ▼ $500,595 |
| Investments Other Securities | $35,402,000 | $42,467,762 | ▲ $7,065,762 |
| Rtn Earn Endowment Incm Other Fnds | $9,489,362 | $10,007,709 | ▲ $518,347 |
| Savings and Temporary Cash Investments | $8,612,138 | $5,140,127 | ▼ $3,472,011 |
| Land, Buildings, and Equipment, Net | $2,949,940 | $2,490,814 | ▼ $459,126 |
| Cash and Non-Interest-Bearing Accounts | $1,328,871 | $1,016,218 | ▼ $312,653 |
| Prepaid Expenses and Deferred Charges | $320,211 | $296,250 | ▼ $23,961 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $107,608,255 | $117,326,918 | ▲ $9,718,663 |
| Other Assets Total | $5,031,815 | $12,453,062 | ▲ $7,421,247 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $98,118,893 | $107,319,209 | ▲ $9,200,316 |
| Total Liabilities | $98,118,893 | $107,319,209 | ▲ $9,200,316 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $9,489,362 | $10,007,709 | ▲ $518,347 |
| Total Liabilities and Net Assets / Fund Balance | $107,608,255 | $117,326,918 | ▲ $9,718,663 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,851,526 | $450,017 | $2,301,543 |
| Land | $501,259 | - | $501,259 |
| Equipment | $138,029 | $212,784 | $350,813 |
| Other Assets Org | $963,562 | - | - |
| Other Securities | $42,467,762 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Richard Lachance | CEO | FT | $126,346 | $41,833 | $168,179 |
| Cathy Bond | President | FT | $114,595 | $29,157 | $143,752 |
| Lynn Stratton | Vise-president Lending | FT | $103,023 | $27,225 | $130,248 |
| Kelley Wathen | CFO | FT | $75,360 | $21,151 | $96,511 |
| Name | Title |
|---|---|
| John Cassidy | Chairman |
| Dennis Scates | Director |
| Heather Browne | Director |
| Isaac Dyer | Director |
| Karen Harrington | Director |
| Miles Whitlock | Director |
| Patricia Suga | Director |
| Richard Grindall | Director |
| Patricia Hewett | Secretary |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Synergent | Data Processing, Marketing, Card Service | 2 LEDGEVIEW DRIVE, Westbrook, ME 04096 | $523,616 |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,848,129 |
| Salaries, Compensation, and Employee Benefits | $1,555,799 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $780,598 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $538,689 |
| Information Technology | - | - | - | $286,525 |
| Benefits to Members | - | - | - | $282,285 |
| Other Employee Benefits | - | - | - | $236,512 |
| All Other Expenses | - | - | - | $205,008 |
| Occupancy | - | - | - | $153,730 |
| Depreciation Depletion | - | - | - | $153,053 |
| Fees for Services Other | - | - | - | $126,586 |
| Advertising | - | - | - | $122,249 |
| Office Expenses | - | - | - | $43,976 |
| Other Expenses | - | - | - | $40,272 |
| Interest | - | - | - | $44 |
| Total Functional Expenses | $0 | $0 | $0 | $3,686,213 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Eric Lachance | Son of CEO | Landscaping Services | No | $12,911 |
“The credit union had 8,396 members as of 12/31/2021.”
“Organization had members authorized to appoint members of the governing body.”
“Some governance decisions are subject to approval by members, such as election of the board of directors.”
“No review was or will be conducted”
“It is part of the swearing in of officers. Annually, each officer receives a copy of the policy and signs off that it is adhered to.”
“We use a third party salary comparison program with updated ranges of salary based on job description and geographical location. This program is updated and referred to annually by a committee of the board for purposes of determining compensation.”
“Governing documents are available upon request. Conflict of interest policy is available from the ceo. Financial statements are posted in the lobby and are provided to attendees at the annual meeting.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 98118893 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 107319209 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 53963280 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 53462685 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 122249 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 205008 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 282285 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | KELLEY WATHEN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2076233857 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 1096 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | AUGUSTA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | ME |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 043321096 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 1 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1328871 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1016218 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 538689 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 523616 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 2 LEDGEVIEW DRIVE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | WESTBROOK |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | ME |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 04096 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | SYNERGENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | DATA PROCESSING, MARKETING, CARD SERVICE |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 282285 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 439473 |
| IRS990/CYOtherExpensesAmt | 0 | 1848129 |
| IRS990/CYOtherRevenueAmt | 0 | 1099750 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2665337 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 518347 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1555799 |
| IRS990/CYTotalExpensesAmt | 0 | 3686213 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 4204560 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 153053 |
| IRS990/Desc | 0 | THE CREDIT UNION HAS 8,396 MEMBERS AS OF 12/31/21. MEMBERS HAVE ACCESS TO A WIDE VARIETY OF LOW COST, HIGH QUALITY SERVICES. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 31 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/ExpenseAmt | 0 | 3686212 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 126586 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 36459 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 21151 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 29157 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 27225 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JOHN CASSIDY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | PATRICIA HEWETT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | HEATHER BROWNE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DENNIS SCATES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | RICHARD GRINDALL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MILES WHITLOCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ISAAC DYER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | PATRICIA SUGA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | KAREN HARRINGTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | RICHARD LACHANCE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | KELLEY WATHEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | CATHY BOND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | LYNN STRATTON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 131720 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 75360 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 114595 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 103023 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | CFO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | VISE-PRESIDENT LENDING |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1967 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -2533 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 4207093 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 286525 |
| IRS990/InterestGrp/TotalAmt | 0 | 44 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 442006 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 442006 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 35402000 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 42467762 |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 662801 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2949940 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2490814 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3153615 |
| IRS990/LegalDomicileStateCd | 0 | ME |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 2533 |
| IRS990/LoanOutstandingInd | 0 | 1 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 9489362 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 10007709 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -2533 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -2533 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 153730 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 43976 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 5031815 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 12453062 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 236512 |
| IRS990/OtherExpensesGrp/Desc | 0 | SERVICE CHARGES |
| IRS990/OtherExpensesGrp/Desc | 1 | LOAN SERVICING EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 2 | POSTAGE |
| IRS990/OtherExpensesGrp/Desc | 3 | MISC. OPERATING EXPENSE |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 519033 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 152190 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 45463 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 40272 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 522100 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 522100 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | WARRANTY FEES |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 970227 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 87387 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 970227 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 129523 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 42136 |
| IRS990/OtherRevenueTotalAmt | 0 | 1099750 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 780598 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 320211 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 296250 |
| IRS990/PrincipalOfficerNm | 0 | RICHARD LACHANCE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LOAN INCOME FROM MEMBE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2665337 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2665337 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 447663 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 511624 |
| IRS990/PYOtherExpensesAmt | 0 | 2016124 |
| IRS990/PYOtherRevenueAmt | 0 | 1142751 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 2790379 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 372187 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1608780 |
| IRS990/PYTotalExpensesAmt | 0 | 4072567 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 4444754 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 518347 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 9489362 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 10007709 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 8612138 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 5140127 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1851526 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 450017 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2301543 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 138029 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 212784 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 350813 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 501259 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 501259 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 995366 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 139978 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 4324156 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 30000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 4 | 6000000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 5 | 963562 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | INSURANCE FUNDING |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | TRICORP - PCC |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | OTHER ASSETS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | DEBENTURE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 4 | EBA - FEDERAL RESERVE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 5 | GOODWILL |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 42467762 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | OTHER INVESTMENTS |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2490814 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 12453062 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 42467762 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompensationCommitteeInd | 0 | X |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 126346 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 5374 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 9663 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 26796 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | RICHARD LACHANCE |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | CEO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 168179 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | ERIC LACHANCE |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | SON OF CEO |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 12911 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | LANDSCAPING SERVICES |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 500000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt | 0 | RICHARD P LACHANCE |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | SPLIT DOLLAR LIFE INSURANCE ARRANGEMENT |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 500000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | CEO |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 1 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 500000 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE CREDIT UNION HAD 8,396 MEMBERS AS OF 12/31/2021. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ORGANIZATION HAD MEMBERS AUTHORIZED TO APPOINT MEMBERS OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SOME GOVERNANCE DECISIONS ARE SUBJECT TO APPROVAL BY MEMBERS, SUCH AS ELECTION OF THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NO REVIEW WAS OR WILL BE CONDUCTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | IT IS PART OF THE SWEARING IN OF OFFICERS. ANNUALLY, EACH OFFICER RECEIVES A COPY OF THE POLICY AND SIGNS OFF THAT IT IS ADHERED TO. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | WE USE A THIRD PARTY SALARY COMPARISON PROGRAM WITH UPDATED RANGES OF SALARY BASED ON JOB DESCRIPTION AND GEOGRAPHICAL LOCATION. THIS PROGRAM IS UPDATED AND REFERRED TO ANNUALLY BY A COMMITTEE OF THE BOARD FOR PURPOSES OF DETERMINING COMPENSATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. CONFLICT OF INTEREST POLICY IS AVAILABLE FROM THE CEO. FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY AND ARE PROVIDED TO ATTENDEES AT THE ANNUAL MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 107608255 |
| IRS990/TotalAssetsEOYAmt | 0 | 117326918 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 107608255 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 117326918 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalEmployeeCnt | 0 | 31 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 3686213 |
| IRS990/TotalGrossUBIAmt | 0 | 42136 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 98118893 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 107319209 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 98118893 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 107319209 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 9489362 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 10007709 |
| IRS990/TotalOtherCompensationAmt | 0 | 113992 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 3686212 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 2665337 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 424698 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 439473 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.