Civic Intelligence

First Priority Credit Union

990 • Fiscal year 2011 • EIN 04-1106850

Jan 01, 2011 to Dec 31, 2011 • Filed on May 09, 2012

100 Swift Street02128
Siviq Scores

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

Liabilities / Assets

14th percentile

0.85x

Higher debt load relative to assets than 14% of similar nonprofits.

2011 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

1st percentile

-4.7%

Faster asset growth than 1% of similar nonprofits.

2011 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$121,923,182

Down $6,013,304 (-4.7%) from 2010

Net Assets

Up

$18,007,435

Up $695,118 (+4.0%) from 2010

Liabilities

Down

$103,915,747

Down $6,708,422 (-6.1%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$5,834,758

Down $695,981 (-11%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $127,936,486Liabilities 2010: $110,624,169Net Assets 2010: $17,312,3172010Assets 2011: $121,923,182Liabilities 2011: $103,915,747Net Assets 2011: $18,007,4352011Assets 2012: $113,530,444Liabilities 2012: $95,725,472Net Assets 2012: $17,804,9722012Assets 2013: $106,800,918Liabilities 2013: $89,789,596Net Assets 2013: $17,011,3222013Assets 2014: $104,409,510Liabilities 2014: $86,380,639Net Assets 2014: $18,028,8712014Assets 2015: $105,041,550Liabilities 2015: $86,505,426Net Assets 2015: $18,536,1242015Assets 2016: $104,975,572Liabilities 2016: $86,406,345Net Assets 2016: $18,569,2272016Assets 2017: $106,213,638Liabilities 2017: $87,258,816Net Assets 2017: $18,954,8222017Assets 2018: $105,997,996Liabilities 2018: $86,786,399Net Assets 2018: $19,211,5972018Assets 2019: $105,907,823Liabilities 2019: $86,237,090Net Assets 2019: $19,670,7332019Assets 2020: $117,976,564Liabilities 2020: $99,580,753Net Assets 2020: $18,395,8112020Assets 2024: $129,146,678Liabilities 2024: $112,173,710Net Assets 2024: $16,972,9682024

Highlighted filing

2011

Assets$121,923,182
Liabilities$103,915,747
Net Assets$18,007,435

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $6,530,7392010Expenses 2011: $5,834,7582011Expenses 2012: $5,087,4172012Revenue 2013: $4,434,227Expenses 2013: $4,313,036Net Income 2013: $121,1912013Revenue 2014: $4,275,474Expenses 2014: $3,983,500Net Income 2014: $291,9742014Revenue 2015: $4,357,341Expenses 2015: $3,903,213Net Income 2015: $454,1282015Revenue 2016: $4,181,997Expenses 2016: $3,928,075Net Income 2016: $253,9222016Revenue 2017: $4,287,012Expenses 2017: $3,887,300Net Income 2017: $399,7122017Revenue 2018: $4,447,479Expenses 2018: $4,186,237Net Income 2018: $261,2422018Revenue 2019: $4,612,455Expenses 2019: $4,500,722Net Income 2019: $111,7332019Revenue 2020: $3,753,355Expenses 2020: $5,034,153Net Income 2020: -$1,280,7982020Revenue 2024: $6,183,455Expenses 2024: $5,667,423Net Income 2024: $516,0322024

Highlighted filing

2011

Revenue-
Expenses$5,834,758
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
May 9, 2012
Return Version
2011v1.2
Gross Receipts
$5,934,227
Mission and Program Overview

Mission

Maintenance of member share and deposit accounts and the payment of interest thereon. Lending and investing of member deposits at market interest.

Filing and Contact Details

Filer

EIN
04-1106850
Raw XML AppendixShowing 400 of 469 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionA/NamePerson6William T Bolter
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0The President is under contract and his salary is set by the Board Of Directors. The credit union has a compensation survey conducted by an outside firm that looks at other financial institutions and comes up with comparable salaries.
IRS990ScheduleJ/Form990ScheduleJPartIII/Identifier0SchJ_P01_S00_L03
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0Schedule J, Part I, Line 3
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0William French
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IRS990ScheduleO/GeneralExplanation/Explanation0The organization is made up of members who pay 25.00 to open an account with the credit union.
IRS990ScheduleO/GeneralExplanation/Explanation1The organization has members who may run for a seat of the governing body if they choose to do so.
IRS990ScheduleO/GeneralExplanation/Explanation2There are certain decisions that require a vote of the membership before they can become effective.
IRS990ScheduleO/GeneralExplanation/Explanation3Form 990 is prepared by the Chief Financial Officer and is reviewed by the President before it is submitted to the IRS.
IRS990ScheduleO/GeneralExplanation/Explanation4The directors and employees of the credit union have to read and sign the policy on an annual basis.
IRS990ScheduleO/GeneralExplanation/Explanation5The President is under contract and his salary is set by the Board of Directors. The Vice President is under contract and his salary is determined by the President. The credit union has a compensation survey conducted by an outside firm that looks at other financial institutions and comes up with comparable salaries. The last one was done in 2006.
IRS990ScheduleO/GeneralExplanation/Explanation6Upon request, these documents are made available to the public.
IRS990ScheduleO/GeneralExplanation/Explanation7Unrealized gains/losses on securities amounted to 595,649
IRS990ScheduleO/GeneralExplanation/Identifier0F990_P06_S0A_L06
IRS990ScheduleO/GeneralExplanation/Identifier1F990_P06_S0A_L07a
IRS990ScheduleO/GeneralExplanation/Identifier2F990_P06_S0A_L07b
IRS990ScheduleO/GeneralExplanation/Identifier3F990_P06_S0B_L11b
IRS990ScheduleO/GeneralExplanation/Identifier4F990_P06_S0B_L12c
IRS990ScheduleO/GeneralExplanation/Identifier5F990_P06_S0B_L15
IRS990ScheduleO/GeneralExplanation/Identifier6F990_P06_S0C_L19
IRS990ScheduleO/GeneralExplanation/Identifier7F990_P11_S00_L05
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/GeneralExplanation/ReturnReference5Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/GeneralExplanation/ReturnReference6Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/GeneralExplanation/ReturnReference7Form 990, Part XI, Line 5
IRS990/ScheduleORequired01
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IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0MA
IRS990/SubjectToProxyTax00
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IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10100 Swift Street
IRS990/TheBooksAreInCareOf/AddressUS/City0East Boston
IRS990/TheBooksAreInCareOf/AddressUS/State0MA
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode002128
IRS990/TheBooksAreInCareOf/NamePerson0Robert Bartol
IRS990/TheBooksAreInCareOf/TelephoneNumber06174824787
IRS990/TotalAssets/BOY0127936486
IRS990/TotalAssetsBOY0127936486

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$129$112$17.0$6.18$5.67$0.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$118$99.6$18.4$3.75$5.03$1.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$106$86.2$19.7$4.61$4.50$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$106$86.8$19.2$4.45$4.19$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$106$87.3$19.0$4.29$3.89$0.40
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$105$86.4$18.6$4.18$3.93$0.25
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$105$86.5$18.5$4.36$3.90$0.45
2014Detailed filing. Detailed filing data is available for this year.$104$86.4$18.0$4.28$3.98$0.29
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$107$89.8$17.0$4.43$4.31$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$114$95.7$17.8$5.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$122$104$18.0$5.83
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$128$111$17.3$6.53