Civic Intelligence

Maine Education Credit Union

990 • Fiscal year 2023 • EIN 01-0409063

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 08, 2024

Organization ProfileWWW.CONNECTEDCREDITUNION.ORG

View Organization Page

PO Box 1096Augusta, ME 04332-1096

(207) 623-3857

Siviq Scores

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

Liabilities / Assets

46th percentile

0.89x

Higher debt load relative to assets than 46% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

18.11x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2023

Net Margin

68th percentile

18%

Higher net margin than 68% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

49th percentile

$227,836

Higher top officer pay than 49% of similar nonprofits.

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

2023 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2023

Asset Growth

48th percentile

-0.2%

Faster asset growth than 48% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

56th percentile

26%

Faster revenue growth than 56% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$118,978,136

Down $194,138 (-0.2%) from 2022

Net Assets

Up

$12,617,442

Up $1,077,066 (+9.3%) from 2022

Liabilities

Down

$106,360,694

Down $1,271,204 (-1.2%) from 2022

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin68th percentile

Revenue

Up

$5,874,203

Up $1,205,916 (+26%) from 2022

Expenses

Up

$4,797,137

Up $1,011,223 (+27%) from 2022

Net Income

Up

$1,077,066

Up $194,693 (+22%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$150M$100M$50M$0Assets 2010: $27,819,776Liabilities 2010: $24,632,478Net Assets 2010: $3,187,2982010Assets 2011: $29,088,640Liabilities 2011: $25,707,090Net Assets 2011: $3,381,5502011Assets 2012: $31,142,295Liabilities 2012: $27,601,332Net Assets 2012: $3,540,9632012Assets 2013: $32,748,073Liabilities 2013: $29,059,133Net Assets 2013: $3,688,9402013Assets 2014: $32,599,875Liabilities 2014: $28,763,443Net Assets 2014: $3,836,4322014Assets 2015: $34,835,579Liabilities 2015: $30,807,346Net Assets 2015: $4,028,2332015Assets 2016: $36,912,914Liabilities 2016: $32,723,624Net Assets 2016: $4,189,2902016Assets 2017: $38,766,825Liabilities 2017: $34,453,309Net Assets 2017: $4,313,5162017Assets 2019: $45,768,152Liabilities 2019: $41,097,111Net Assets 2019: $4,671,0412019Assets 2020: $107,608,255Liabilities 2020: $98,118,893Net Assets 2020: $9,489,3622020Assets 2021: $117,326,918Liabilities 2021: $107,319,209Net Assets 2021: $10,007,7092021Assets 2022: $119,172,274Liabilities 2022: $107,631,898Net Assets 2022: $11,540,3762022Assets 2023: $118,978,136Liabilities 2023: $106,360,694Net Assets 2023: $12,617,4422023Assets 2024: $122,170,888Liabilities 2024: $108,183,334Net Assets 2024: $13,987,5542024

Highlighted filing

2023

Assets$118,978,136
Liabilities$106,360,694
Net Assets$12,617,442
Open 2023 Filing

Operations Trend

Revenue Growth56th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $1,238,8842010Expenses 2011: $1,231,0042011Expenses 2012: $1,360,0292012Revenue 2013: $1,475,494Expenses 2013: $1,327,515Net Income 2013: $147,9792013Revenue 2014: $1,493,548Expenses 2014: $1,346,056Net Income 2014: $147,4922014Revenue 2015: $1,545,786Expenses 2015: $1,353,985Net Income 2015: $191,8012015Revenue 2016: $1,709,231Expenses 2016: $1,548,174Net Income 2016: $161,0572016Revenue 2017: $1,785,269Expenses 2017: $1,661,043Net Income 2017: $124,2262017Revenue 2019: $2,232,862Expenses 2019: $2,085,182Net Income 2019: $147,6802019Revenue 2020: $4,444,754Expenses 2020: $4,072,567Net Income 2020: $372,1872020Revenue 2021: $4,204,560Expenses 2021: $3,686,213Net Income 2021: $518,3472021Revenue 2022: $4,668,287Expenses 2022: $3,785,914Net Income 2022: $882,3732022Revenue 2023: $5,874,203Expenses 2023: $4,797,137Net Income 2023: $1,077,0662023Revenue 2024: $6,675,882Expenses 2024: $5,305,769Net Income 2024: $1,370,1132024

Highlighted filing

2023

Revenue$5,874,203
Expenses$4,797,137
Net Income$1,077,066
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 8, 2024
Return Version
2023v5.1
Gross Receipts
$5,890,203
Mission and Program Overview

Mission

Provide members with savings and loan services

Provide members with savings and loan services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$54,052,251$52,185,759▼ $1,866,492
Investments Other Securities$49,104,016$48,326,723▼ $777,293
Rtn Earn Endowment Incm Other Fnds$11,540,376$12,617,442▲ $1,077,066
Land, Buildings, and Equipment, Net$2,399,931$2,318,118▼ $81,813
Savings and Temporary Cash Investments$1,230,000$2,183,298▲ $953,298
Cash and Non-Interest-Bearing Accounts$892,613$669,199▼ $223,414
Prepaid Expenses and Deferred Charges$280,305$318,994▲ $38,689
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$119,172,274$118,978,136▼ $194,138
Other Assets Total$11,213,158$12,976,045▲ $1,762,887
Liabilities
Accounts Payable and Accrued Expenses$107,631,898$106,360,694▼ $1,271,204
Total Liabilities$107,631,898$106,360,694▼ $1,271,204
Net Assets / Fund Balance
Total Net Assets Fund Balance$11,540,376$12,617,442▲ $1,077,066
Total Liabilities and Net Assets / Fund Balance$119,172,274$118,978,136▼ $194,138

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,706,361$433,766$2,140,127
Land$501,259-$501,259
Equipment$110,498$263,138$373,636
Other Assets Org$963,562--
Other Securities$48,326,723--
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lynn StrattonVise-president LendingFT$96,547$131,289$227,836
Richard LachanceCEO Thru DecemberFT$156,808$31,513$188,321
Cathy BondPresidentFT$129,271$28,938$158,209
Kelley WathenCFOFT$96,795$21,829$118,624

Board Members and Trustees

NameTitle
Patricia SugaChairman Effective June
John CassidyChairman Thru May
Alice DrummondDirector
Dennis ScatesDirector
Hannah DobleDirector
Heather BrowneDirector
Karen HarringtonDirector
Miles WhitlockDirector
Isaac DyerDirector Thru March

Highest Paid Contractors

ContractorServicesLocationCompensation
SynergentData Processing, Marketing, Card Service2 LEDGEVIEW DRIVE, Westbrook, ME 04096$496,247
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,238,510
Investment Income
$1,284,375
Other Revenue
$1,351,318
Change in Net Assets
$1,077,066

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,874,203
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,860
Total Revenue per Audited Statements
$5,876,063
Total Revenue per Form 990
$5,874,203
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,105,650
Salaries, Compensation, and Employee Benefits$1,942,599
Grants and Similar Amounts Paid$4,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$821,486
Benefits to Members---$744,888
Current Officers, Directors, Trustees, and Key Employees---$692,991
Information Technology---$330,507
Other Employee Benefits---$311,774
Occupancy---$178,923
All Other Expenses---$164,707
Depreciation Depletion---$119,302
Payroll Taxes---$116,348
Advertising---$109,291
Office Expenses---$108,371
Other Expenses---$84,861
Fees for Services Other---$73,721
Grants to Domestic Individuals---$4,000
Total Functional Expenses$0$0$0$4,797,137

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,798,998
Expenses per Audited Statements$4,797,138
Total Expenses per Form 990$4,797,138
Expenses Not Reported on Form 990$1,860
Expenses Not Reported on Financial Statements$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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Eric LachanceSon of CEOLandscaping ServicesNo$16,947
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
Yes
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 credit union had 8,186 members as of 12/31/2023.”

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

“Organization had members authorized to appoint members of the governing body.”

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

“Some governance decisions are subject to approval by members, such as election of the board of directors.”

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

“No review was or will be conducted”

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

“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.”

Form 990, Part VI, Section B, Line 15

“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.”

Form 990, Part VI, Section C, Line 19

“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.”

Filing and Contact Details

Filer

Filer Name
Connected Credit Union
EIN
01-0409063
Phone
2076233857
Address
PO BOX 1096, AUGUSTA, ME 04332-1096

Signing Officer

Name
Cathy Bond
Title
CEO
Phone
2076233857
Signed
2024-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathy Bond
Formed
1967
Legal Domicile
Me
Voting Board Members
7
Independent Board Members
7
Employees
25
Volunteers
13

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 III, Line 2

“ONLINE PAYMENT TO LOANS.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Loss on sale of property and equipment 1,860.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Loss on sale of property and equipment 1,860.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12VISE-PRESIDENT LENDING
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IRS990/LandBldgEquipCostOrOtherBssAmt03015022
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt016000
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt081229
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt081229
IRS990/MissionDesc0PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt011540376
IRS990/NetAssetsOrFundBalancesEOYAmt012617442
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1860
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1860
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0178923
IRS990/OfficeExpensesGrp/TotalAmt0108371
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt011213158
IRS990/OtherAssetsTotalGrp/EOYAmt012976045
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0311774
IRS990/OtherExpensesGrp/Desc0SERVICE CHARGES
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/TotalAmt0618234
IRS990/OtherExpensesGrp/TotalAmt1165000
IRS990/OtherExpensesGrp/TotalAmt2152733
IRS990/OtherExpensesGrp/TotalAmt384861
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1522100
IRS990/OtherRevenueMiscGrp/BusinessCd2522100
IRS990/OtherRevenueMiscGrp/Desc0INTERCHANGE INCOME
IRS990/OtherRevenueMiscGrp/Desc1FEE INCOME
IRS990/OtherRevenueMiscGrp/Desc2OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0624445
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1384283
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2227015
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0624445
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1384283
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2261361
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt034346
IRS990/OtherRevenueTotalAmt01351318
IRS990/OtherSalariesAndWagesGrp/TotalAmt0821486
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt0116348
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0280305
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0318994
IRS990/PrincipalOfficerNm0CATHY BOND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME FROM MEMBERS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03238510
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03238510
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0275226
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0610123
IRS990/PYOtherExpensesAmt01909662
IRS990/PYOtherRevenueAmt01310022
IRS990/PYProgramServiceRevenueAmt02748142
IRS990/PYRevenuesLessExpensesAmt0882373
IRS990/PYSalariesCompEmpBnftPaidAmt01601026
IRS990/PYTotalExpensesAmt03785914
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04668287
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01077066
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt011540376
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt012617442
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01230000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02183298
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01706361
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0433766
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02140127
IRS990ScheduleD/EquipmentGrp/BookValueAmt0110498
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0263138
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0373636
IRS990ScheduleD/ExpensesNotReportedAmt01860
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04797138
IRS990ScheduleD/LandGrp/BookValueAmt0501259
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0501259
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01053149
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1135151
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt24794183
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt330000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt46000000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5963562
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INSURANCE FUNDING
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TRICORP - PCC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DEBENTURE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4EBA - FEDERAL RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5GOODWILL
IRS990ScheduleD/OtherExpensesIncludedAmt01860
IRS990ScheduleD/OtherRevenueAmt01860
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt048326723
IRS990ScheduleD/OtherSecuritiesGrp/Desc0OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt01860
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05874203
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS ON SALE OF PROPERTY AND EQUIPMENT 1,860.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON SALE OF PROPERTY AND EQUIPMENT 1,860.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02318118
IRS990ScheduleD/TotalBookValueOtherAssetsAmt012976045
IRS990ScheduleD/TotalBookValueSecuritiesAmt048326723
IRS990ScheduleD/TotalExpensesPerForm990Amt04797138
IRS990ScheduleD/TotalRevenuePerForm990Amt05874203
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05876063
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04798998
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt096547
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1156808
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2129271
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount02000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount12500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount22500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt012317
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt19817
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt28433
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt017198
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt119196
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt218005
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt099774
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LYNN STRATTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1RICHARD LACHANCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2CATHY BOND
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VISE-PRESIDENT LENDING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CEO THRU DECEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0227836
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1188321
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2158209
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$118,978,136
Liabilities
$106,360,694
Net assets
$12,617,442
Revenue
$5,874,203
Expenses
$4,797,137
Net income
$1,077,066
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$122$108$14.0$6.68$5.31$1.37
2023Detailed filing. Detailed filing data is available for this year.$119$106$12.6$5.87$4.80$1.08
2022Detailed filing. Detailed filing data is available for this year.$119$108$11.5$4.67$3.79$0.88
2021Detailed filing. Detailed filing data is available for this year.$117$107$10.0$4.20$3.69$0.52
2020Detailed filing. Detailed filing data is available for this year.$108$98.1$9.49$4.44$4.07$0.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.8$41.1$4.67$2.23$2.09$0.15
2017Detailed filing. Detailed filing data is available for this year.$38.8$34.5$4.31$1.79$1.66$0.12
2016Detailed filing. Detailed filing data is available for this year.$36.9$32.7$4.19$1.71$1.55$0.16
2015Detailed filing. Detailed filing data is available for this year.$34.8$30.8$4.03$1.55$1.35$0.19
2014Detailed filing. Detailed filing data is available for this year.$32.6$28.8$3.84$1.49$1.35$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.7$29.1$3.69$1.48$1.33$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.1$27.6$3.54$1.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.1$25.7$3.38$1.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.8$24.6$3.19$1.24