Civic Intelligence

Athol Credit Union

990 • Fiscal year 2015 • EIN 04-1046540

Jan 01, 2015 to Dec 31, 2015 • Filed on May 15, 2016

Organization ProfileWWW.ATHOLCREDITUNION.COM

View Organization Page

513 Main StreetAthol, MA 01331

(978) 824-9352

Siviq Scores

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

Liabilities / Assets

87th percentile

0.92x

Higher debt load relative to assets than 87% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

90th percentile

27.79x

Higher debt load relative to revenue than 90% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Net Margin

2nd percentile

-16%

Higher net margin than 2% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

85th percentile

$197,484

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Asset Growth

71st percentile

6.7%

Faster asset growth than 71% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

16th percentile

-3.6%

Faster revenue growth than 16% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$96,839,129

Up $6,048,486 (+6.7%) from 2014

Net Assets

Down

$7,946,925

Down $712,453 (-8.2%) from 2014

Liabilities

Up

$88,892,204

Up $6,760,939 (+8.2%) from 2014

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin2nd percentile

Revenue

Down

$3,198,854

Down $120,174 (-3.6%) from 2014

Expenses

Up

$3,701,273

Up $252,871 (+7.3%) from 2014

Net Income

Down

-$502,419

Down $373,045 (-288%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

$150M$100M$50M$0Assets 2010: $79,725,885Liabilities 2010: $70,446,324Net Assets 2010: $9,279,5612010Assets 2011: $80,622,194Liabilities 2011: $71,234,974Net Assets 2011: $9,387,2202011Assets 2012: $84,502,228Liabilities 2012: $75,314,308Net Assets 2012: $9,187,9202012Assets 2013: $90,348,194Liabilities 2013: $82,266,059Net Assets 2013: $8,082,1352013Assets 2014: $90,790,643Liabilities 2014: $82,131,265Net Assets 2014: $8,659,3782014Assets 2015: $96,839,129Liabilities 2015: $88,892,204Net Assets 2015: $7,946,9252015Assets 2016: $105,003,662Liabilities 2016: $97,661,606Net Assets 2016: $7,342,0562016Assets 2017: $104,484,619Liabilities 2017: $97,073,767Net Assets 2017: $7,410,8522017Assets 2018: $95,457,018Liabilities 2018: $88,430,121Net Assets 2018: $7,026,8972018Assets 2019: $93,689,380Liabilities 2019: $86,785,870Net Assets 2019: $6,903,5102019Assets 2020: $78,897,446Liabilities 2020: $71,733,730Net Assets 2020: $7,163,7162020Assets 2021: $79,397,354Liabilities 2021: $71,826,749Net Assets 2021: $7,570,6052021Assets 2022: $84,943,474Liabilities 2022: $76,950,431Net Assets 2022: $7,993,0432022Assets 2023: $90,278,013Liabilities 2023: $82,065,220Net Assets 2023: $8,212,7932023Assets 2024: $94,916,508Liabilities 2024: $86,727,187Net Assets 2024: $8,189,3212024

Highlighted filing

2015

Assets$96,839,129
Liabilities$88,892,204
Net Assets$7,946,925
Open 2015 Filing

Operations Trend

Revenue Growth16th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,273,5452010Revenue 2011: $3,849,185Expenses 2011: $4,157,896Net Income 2011: -$308,7112011Expenses 2012: $3,807,2672012Revenue 2013: $3,516,872Expenses 2013: $3,548,492Net Income 2013: -$31,6202013Revenue 2014: $3,319,028Expenses 2014: $3,448,402Net Income 2014: -$129,3742014Revenue 2015: $3,198,854Expenses 2015: $3,701,273Net Income 2015: -$502,4192015Revenue 2016: $3,648,738Expenses 2016: $3,622,088Net Income 2016: $26,6502016Revenue 2017: $3,670,023Expenses 2017: $3,838,996Net Income 2017: -$168,9732017Revenue 2018: $3,872,269Expenses 2018: $3,970,030Net Income 2018: -$97,7612018Revenue 2019: $3,728,865Expenses 2019: $4,384,402Net Income 2019: -$655,5372019Revenue 2020: $3,437,018Expenses 2020: $3,461,203Net Income 2020: -$24,1852020Revenue 2021: $3,643,738Expenses 2021: $3,225,647Net Income 2021: $418,0912021Revenue 2022: $4,194,178Expenses 2022: $3,449,455Net Income 2022: $744,7232022Revenue 2023: $4,642,872Expenses 2023: $4,399,277Net Income 2023: $243,5952023Revenue 2024: $5,335,322Expenses 2024: $5,314,812Net Income 2024: $20,5102024

Highlighted filing

2015

Revenue$3,198,854
Expenses$3,701,273
Net Income-$502,419
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 15, 2016
Return Version
2015v2.1
Gross Receipts
$3,198,854
Mission and Program Overview

Mission

The credit union accept deposits and grant loans to its members. Benefits paid are dividends on deposit accounts and granting accessible credit to its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$61,329,204$60,326,598▼ $1,002,606
Investments in Publicly Traded Securities$23,593,463$29,187,299▲ $5,593,836
Rtn Earn Endowment Incm Other Fnds$8,659,378$7,946,925▼ $712,453
Savings and Temporary Cash Investments$967,026$1,966,701▲ $999,675
Investments Other Securities$1,062,700$1,423,000▲ $360,300
Land, Buildings, and Equipment, Net$1,138,624$943,338▼ $195,286
Cash and Non-Interest-Bearing Accounts$551,044$592,294▲ $41,250
Total Assets$90,790,643$96,839,129▲ $6,048,486
Other Assets Total$2,148,582$2,399,899▲ $251,317
Liabilities
Other Liabilities$82,131,265$88,892,204▲ $6,760,939
Total Liabilities$82,131,265$88,892,204▲ $6,760,939
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,659,378$7,946,925▼ $712,453
Total Liabilities and Net Assets / Fund Balance$90,790,643$96,839,129▲ $6,048,486

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$778,229$1,932,147$2,710,376
Equipment$102,470$1,644,705$1,747,175
Leasehold Improvements$26,215$22,939$49,154
Other Land Buildings$15,599$31,225$46,824
Land$20,825-$20,825
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin J MillerPresident/ceFT$196,594$890$197,484
Kevin J MillerPresident/CEO-$196,594$890$197,484
Gina M OroTreasurer-$106,501$793$107,294

Board Members and Trustees

NameTitle
James E HerbertChairperson
Stephen a Rabideau SrChairperson
Richard D VerockVice-chairpe
Charles a ShatosDirector
Craig S TwoheyDirector
Herbert H WheelerDirector
Janis MontalbanoDirector
Martin S AnderholmDirector
Roger E MyersDirector
THOMAS R O'CONNORDirector
William ChiassonDirector
Francis W FosterDirector-CLE
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,379,548
Investment Income
$525,977
Other Revenue
$293,329
Change in Net Assets
$-502,419
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,110,272
Salaries, Compensation, and Employee Benefits$1,292,345
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$521,529$260,765-$782,294
Current Officers, Directors, Trustees, and Key Employees-$304,778-$304,778
Benefits to Members$298,656--$298,656
All Other Expenses-$290,776-$290,776
Interest-$257,426-$257,426
Office Expenses-$244,549-$244,549
Depreciation Depletion-$221,247-$221,247
Occupancy-$161,827-$161,827
Other Expenses-$151,705-$151,705
Payroll Taxes$63,966$31,983-$95,949
Other Employee Benefits-$94,426-$94,426
Advertising-$93,719-$93,719
Insurance-$62,822-$62,822
Fees for Services Accounting-$45,344-$45,344
Conferences and Meetings-$15,211-$15,211
Pension Plan Contributions$9,932$4,966-$14,898
Fees for Services Legal-$4,359-$4,359
Travel-$2,690-$2,690
Total Functional Expenses$894,083$2,807,190$0$3,701,273
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 AND DEPOSIT ACCOUNTS$58,932,783
Borrowings$29,600,000
Other Liabilities$359,421
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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, Page 6, Part VI, Line 6

“The credit union has members”

Form 990, Page 6, Part VI, Line 7A

“The credit union holds an annual meeting according to its bylaws where all members are given proper notification. The bylaws call for the election of directors whose terms have expired.”

Form 990, Page 6, Part VI, Line 7B

“The credit union members ratify decisions of the governing body at their annual meeting and elect directors at that time.”

Form 990, Page 6, Part VI, Line 11B

“The organization contracts with the cpa firm to prepare form 990. After preparaton, a draft copy is sent to the president and ceo and the chief financial officer for review. Once approved the 990 is filed. A copy of the 990 is provided to the audit committee and the full board for their review and ratification at the meeting following the filing of the form 990.”

Form 990, Page 6, Part VI, Line 12C

“Code of ethics policy speaks of conflict of interest and it is approved annually by the board of directors and then distributed to the staff members, a signed confirmation is mandatory.”

Form 990, Page 6, Part VI, Line 15A

“If directors are considered independent third parties, credit union use comparative industry data, and also have a contempraneous deliberation by the management committee of the board.”

Form 990, Page 6, Part VI, Line 15B

“If directors are considered independent third parties, credit union use comparative industry data, and also have a contempraneous deliberation by the management committee of the board.”

Form 990, Page 6, Part VI, Line 19

“The credit union posts unaudited financial statements in the lobby of the credit union.”

Filing and Contact Details

Filer

Filer Name
Athol Credit Union
EIN
04-1046540
Phone
9788249352
Address
513 MAIN STREET, ATHOL, MA 01331

Signing Officer

Name
Kevin J Miller
Title
President/CEO
Phone
9788249352
Signed
2016-05-15

Organization Details

Principal Officer
Kevin J Miller
Formed
1930
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
13
Employees
37

Preparer

Firm
MERCADANTE & MERCADANTE PC CPA'S
Address
PO BOX 2125, FITCHBURG, MA 01420
Preparer
Anthony J Mercadante
Phone
9783420647
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IRS990/NetUnrlzdGainsLossesInvstAmt0-210034
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0161827
IRS990/OccupancyGrp/TotalAmt0161827
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0244549
IRS990/OfficeExpensesGrp/TotalAmt0244549
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02148582
IRS990/OtherAssetsTotalGrp/EOYAmt02399899
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt094426
IRS990/OtherEmployeeBenefitsGrp/TotalAmt094426
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1DATA PROCESSING & INTERNE
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/Desc3OTHER OPERATIONAL EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0218000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1185208
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2155389
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3151705
IRS990/OtherExpensesGrp/TotalAmt0218000
IRS990/OtherExpensesGrp/TotalAmt1185208
IRS990/OtherExpensesGrp/TotalAmt2155389
IRS990/OtherExpensesGrp/TotalAmt3151705
IRS990/OtherLiabilitiesGrp/BOYAmt082131265
IRS990/OtherLiabilitiesGrp/EOYAmt088892204
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0FEES & SERVICE CHARGES
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc2NON MEMBER ATM FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0244628
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt137365
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0244628
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt137365
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt211336
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt011336
IRS990/OtherRevenueTotalAmt0293329
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0260765
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0521529
IRS990/OtherSalariesAndWagesGrp/TotalAmt0782294
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt061329204
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt060326598
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt031983
IRS990/PayrollTaxesGrp/ProgramServicesAmt063966
IRS990/PayrollTaxesGrp/TotalAmt095949
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04966
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt09932
IRS990/PensionPlanContributionsGrp/TotalAmt014898
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KEVIN J MILLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1BUILDING-RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02351968
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt127580
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02351968
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt127580
IRS990/ProgSrvcAccomActy2Grp/Desc0EMPLOYEE SALARIES AND BENEFITS (EXCLUDING OFFICERS)
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0595427
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0354430
IRS990/PYInvestmentIncomeAmt0466544
IRS990/PYOtherExpensesAmt01804704
IRS990/PYOtherRevenueAmt0328680
IRS990/PYProgramServiceRevenueAmt02523804
IRS990/PYRevenuesLessExpensesAmt0-129374
IRS990/PYSalariesCompEmpBnftPaidAmt01289268
IRS990/PYTotalExpensesAmt03448402
IRS990/PYTotalRevenueAmt03319028
IRS990/ReconcilationRevenueExpnssAmt0-502419
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08659378
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt07946925
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0967026
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01966701
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0778229
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01932147
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02710376
IRS990ScheduleD/EquipmentGrp/BookValueAmt0102470
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01644705
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01747175
IRS990ScheduleD/LandGrp/BookValueAmt020825
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020825
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt026215
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022939
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt049154
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015599
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031225
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt046824
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt058932783
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt129600000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2359421
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' SHARE AND DEPOSIT ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1BORROWINGS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0943338
IRS990ScheduleD/TotalLiabilityAmt088892204
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0196594
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt0890
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KEVIN J MILLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0197484
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION HOLDS AN ANNUAL MEETING ACCORDING TO ITS BYLAWS WHERE ALL MEMBERS ARE GIVEN PROPER NOTIFICATION. THE BYLAWS CALL FOR THE ELECTION OF DIRECTORS WHOSE TERMS HAVE EXPIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CREDIT UNION MEMBERS RATIFY DECISIONS OF THE GOVERNING BODY AT THEIR ANNUAL MEETING AND ELECT DIRECTORS AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION CONTRACTS WITH THE CPA FIRM TO PREPARE FORM 990. AFTER PREPARATON, A DRAFT COPY IS SENT TO THE PRESIDENT AND CEO AND THE CHIEF FINANCIAL OFFICER FOR REVIEW. ONCE APPROVED THE 990 IS FILED. A COPY OF THE 990 IS PROVIDED TO THE AUDIT COMMITTEE AND THE FULL BOARD FOR THEIR REVIEW AND RATIFICATION AT THE MEETING FOLLOWING THE FILING OF THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CODE OF ETHICS POLICY SPEAKS OF CONFLICT OF INTEREST AND IT IS APPROVED ANNUALLY BY THE BOARD OF DIRECTORS AND THEN DISTRIBUTED TO THE STAFF MEMBERS, A SIGNED CONFIRMATION IS MANDATORY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IF DIRECTORS ARE CONSIDERED INDEPENDENT THIRD PARTIES, CREDIT UNION USE COMPARATIVE INDUSTRY DATA, AND ALSO HAVE A CONTEMPRANEOUS DELIBERATION BY THE MANAGEMENT COMMITTEE OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IF DIRECTORS ARE CONSIDERED INDEPENDENT THIRD PARTIES, CREDIT UNION USE COMPARATIVE INDUSTRY DATA, AND ALSO HAVE A CONTEMPRANEOUS DELIBERATION BY THE MANAGEMENT COMMITTEE OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE CREDIT UNION POSTS UNAUDITED FINANCIAL STATEMENTS IN THE LOBBY OF THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt090790643
IRS990/TotalAssetsEOYAmt096839129
IRS990/TotalAssetsGrp/BOYAmt090790643
IRS990/TotalAssetsGrp/EOYAmt096839129
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt037
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02807190
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0894083
IRS990/TotalFunctionalExpensesGrp/TotalAmt03701273
IRS990/TotalGrossUBIAmt011336
IRS990/TotalLiabilitiesBOYAmt082131265
IRS990/TotalLiabilitiesEOYAmt088892204
IRS990/TotalLiabilitiesGrp/BOYAmt082131265
IRS990/TotalLiabilitiesGrp/EOYAmt088892204
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08659378
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07946925
IRS990/TotalOtherCompensationAmt01683
IRS990/TotalProgramServiceExpensesAmt0894083
IRS990/TotalProgramServiceRevenueAmt02379548
IRS990/TotalReportableCompFromOrgAmt0303095
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03187518
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03198854
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt011336
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt090790643
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt096839129
IRS990/TravelGrp/ManagementAndGeneralAmt02690
IRS990/TravelGrp/TotalAmt02690
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0513 MAIN STREET
IRS990/USAddress/CityNm0ATHOL
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001331
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.ATHOLCREDITUNION.COM
IRS990/WhistleblowerPolicyInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$96,839,129
Liabilities
$88,892,204
Net assets
$7,946,925
Revenue
$3,198,854
Expenses
$3,701,273
Net income
-$502,419
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$94.9$86.7$8.19$5.34$5.31$0.02
2023Detailed filing. Detailed filing data is available for this year.$90.3$82.1$8.21$4.64$4.40$0.24
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$84.9$77.0$7.99$4.19$3.45$0.74
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$79.4$71.8$7.57$3.64$3.23$0.42
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$78.9$71.7$7.16$3.44$3.46$0.02
2019Detailed filing. Detailed filing data is available for this year.$93.7$86.8$6.90$3.73$4.38$0.66
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$95.5$88.4$7.03$3.87$3.97$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$104$97.1$7.41$3.67$3.84$0.17
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$105$97.7$7.34$3.65$3.62$0.03
2015Detailed filing. Detailed filing data is available for this year.$96.8$88.9$7.95$3.20$3.70$0.50
2014Detailed filing. Detailed filing data is available for this year.$90.8$82.1$8.66$3.32$3.45$0.13
2013Detailed filing. Detailed filing data is available for this year.$90.3$82.3$8.08$3.52$3.55$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.5$75.3$9.19$3.81
2011Summary only. Only limited summary data is available for this year.$80.6$71.2$9.39$3.85$4.16$0.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$79.7$70.4$9.28$4.27
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