Civic Intelligence

Allcom Credit Union

990 • Fiscal year 2018 • EIN 04-1163260

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 29, 2019

36 Park AvenueWorcester, MA 01609

(508) 754-9980

Siviq Scores

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

Liabilities / Assets

17th percentile

0.83x

Higher debt load relative to assets than 17% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

80th percentile

21.32x

Higher debt load relative to revenue than 80% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Net Margin

67th percentile

16%

Higher net margin than 67% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

88th percentile

$221,420

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Asset Growth

10th percentile

-2.8%

Faster asset growth than 10% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

24th percentile

5.2%

Faster revenue growth than 24% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Assets

Down

$66,251,837

Down $1,874,674 (-2.8%) from 2017

Net Assets

Up

$11,111,165

Up $377,055 (+3.5%) from 2017

Liabilities

Down

$55,140,672

Down $2,251,729 (-3.9%) from 2017

Revenue

Up

$2,586,783

Up $127,446 (+5.2%) from 2017

Expenses

Down

$2,183,694

Down $4,668 (-0.2%) from 2017

Net Income

Up

$403,089

Up $132,114 (+49%) from 2017

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2010: $56,086,757Liabilities 2010: $48,327,884Net Assets 2010: $7,758,8732010Assets 2011: $56,685,958Liabilities 2011: $48,683,911Net Assets 2011: $8,002,0472011Assets 2012: $57,677,566Liabilities 2012: $49,369,185Net Assets 2012: $8,308,3812012Assets 2013: $67,363,876Liabilities 2013: $57,598,937Net Assets 2013: $9,764,9392013Assets 2014: $66,173,984Liabilities 2014: $56,209,942Net Assets 2014: $9,964,0422014Assets 2015: $68,255,324Liabilities 2015: $57,985,033Net Assets 2015: $10,270,2912015Assets 2016: $67,165,927Liabilities 2016: $56,670,264Net Assets 2016: $10,495,6632016Assets 2017: $68,126,511Liabilities 2017: $57,392,401Net Assets 2017: $10,734,1102017Assets 2018: $66,251,837Liabilities 2018: $55,140,672Net Assets 2018: $11,111,1652018Assets 2019: $66,975,105Liabilities 2019: $55,541,211Net Assets 2019: $11,433,8942019Assets 2020: $75,546,777Liabilities 2020: $63,960,749Net Assets 2020: $11,586,0282020Assets 2021: $80,578,432Liabilities 2021: $69,120,293Net Assets 2021: $11,458,1392021Assets 2022: $79,689,682Liabilities 2022: $69,214,340Net Assets 2022: $10,475,3422022Assets 2023: $78,702,922Liabilities 2023: $67,246,401Net Assets 2023: $11,456,5212023Assets 2024: $78,978,570Liabilities 2024: $66,868,943Net Assets 2024: $12,109,6272024

Highlighted filing

2018

Assets$66,251,837
Liabilities$55,140,672
Net Assets$11,111,165

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $2,466,8052010Expenses 2011: $2,368,7442011Revenue 2012: $2,420,845Expenses 2012: $2,163,132Net Income 2012: $257,7132012Revenue 2013: $2,307,887Expenses 2013: $2,228,839Net Income 2013: $79,0482013Revenue 2014: $2,310,804Expenses 2014: $2,130,629Net Income 2014: $180,1752014Revenue 2015: $2,447,056Expenses 2015: $2,079,615Net Income 2015: $367,4412015Revenue 2016: $2,369,960Expenses 2016: $2,117,445Net Income 2016: $252,5152016Revenue 2017: $2,459,337Expenses 2017: $2,188,362Net Income 2017: $270,9752017Revenue 2018: $2,586,783Expenses 2018: $2,183,694Net Income 2018: $403,0892018Revenue 2019: $2,732,277Expenses 2019: $2,478,191Net Income 2019: $254,0862019Revenue 2020: $2,605,109Expenses 2020: $2,504,435Net Income 2020: $100,6742020Revenue 2021: $2,507,400Expenses 2021: $2,399,685Net Income 2021: $107,7152021Revenue 2022: $2,581,253Expenses 2022: $2,267,125Net Income 2022: $314,1282022Revenue 2023: $3,270,336Expenses 2023: $2,685,476Net Income 2023: $584,8602023Revenue 2024: $3,691,561Expenses 2024: $3,195,774Net Income 2024: $495,7872024

Highlighted filing

2018

Revenue$2,586,783
Expenses$2,183,694
Net Income$403,089
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 29, 2019
Return Version
2018v3.1
Gross Receipts
$2,586,783
Mission and Program Overview

Mission

The credit union accepts deposits and grants loans to its members. Benefits paid are dividends on deposit accounts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$33,507,948$35,644,370▲ $2,136,422
Savings and Temporary Cash Investments$26,277,401$22,577,110▼ $3,700,291
Rtn Earn Endowment Incm Other Fnds$10,734,110$11,111,165▲ $377,055
Investments in Publicly Traded Securities$4,673,642$4,193,306▼ $480,336
Land, Buildings, and Equipment, Net$1,182,738$1,141,873▼ $40,865
Cash and Non-Interest-Bearing Accounts$233,434$226,060▼ $7,374
Investments Other Securities$90,400$93,700▲ $3,300
Prepaid Expenses and Deferred Charges$31,378$65,013▲ $33,635
Total Assets$68,126,511$66,251,837▼ $1,874,674
Other Assets Total$2,129,570$2,310,405▲ $180,835
Liabilities
Other Liabilities$57,089,703$54,652,271▼ $2,437,432
Accounts Payable and Accrued Expenses$302,698$488,401▲ $185,703
Total Liabilities$57,392,401$55,140,672▼ $2,251,729
Net Assets / Fund Balance
Total Net Assets Fund Balance$10,734,110$11,111,165▲ $377,055
Total Liabilities and Net Assets / Fund Balance$68,126,511$66,251,837▼ $1,874,674

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$676,937$1,277,267$1,954,204
Equipment$32,608$690,640$723,248
Land$421,598-$421,598
Leasehold Improvements$10,730$37,882$48,612
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debra C MarkPres.,CEO &FT$183,180$38,240$221,420
Debra C MarkPres.,CEO & Director-$164,256$57,164$221,420
Margaret M RocheTreasurer &-$1,500-$1,500

Board Members and Trustees

NameTitle
Joseph H ZukowskiChairman of
John J NaughtonVice Chairma
Dennis F GrimaldiDirector
Garry M PowerDirector
James J CrosbieDirector
Paul B VasingtonDirector
Stephen RossettiDirector
James a CiulloClerk & Dire
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,524,372
Investment Income
$551,835
Other Revenue
$510,576
Change in Net Assets
$403,089
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,061,566
Other Expenses$898,912
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$395,632$197,787-$593,419
Benefits to Members$223,216--$223,216
Current Officers, Directors, Trustees, and Key Employees-$209,721-$209,721
Occupancy-$163,214-$163,214
Other Employee Benefits$71,443$48,921-$120,364
Pension Plan Contributions$50,335$25,168-$75,503
Office Expenses-$67,349-$67,349
Payroll Taxes$34,551$28,008-$62,559
All Other Expenses$26,000$24,770-$50,770
Depreciation Depletion-$40,100-$40,100
Other Expenses$30,520$130,012-$30,520
Conferences and Meetings-$28,825-$28,825
Fees for Services Accounting-$21,600-$21,600
Advertising-$17,360-$17,360
Insurance-$16,355-$16,355
Total Functional Expenses$1,164,504$1,019,190$0$2,183,694
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
Member Shares & Deposits$54,477,664
Atm Clearing$95,761
Miscellaneous$78,846
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 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 engages the service of an independent accounting firm to prepare the form 990, the same firm that performs the organization's annual audit. Management provides requested information to the accounting firm. A draft copy is sent to the president and ceo for review. Once approved the 990 is filed. A copy of the form 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

The organization has adopted a conflict of interest policy. The policy requires that directors and officers review and sign a conflict questionnaire annually in order to properly monitor compliance with the policy.

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

The credit union annually appoints a compensation committee to review compensation of all employees including the officers and key employees. The compensation committee contracts with independent employment consultant periodically to conduct industry salary surveys with relevant peer group information.

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

The credit union annually appoints a compensation committee to review compensation of all employees including the officers and key employees. The compensation committee contracts with independent employment consultant periodically to conduct industry salary surveys with relevant peer group information.

Form 990, Page 6, Part VI, Line 19

The credit union posts unaudited financial statements in the lobby of the credit union branch, governing documents and conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Allcom Credit Union
EIN
04-1163260
Phone
5087549980
Address
36 PARK AVENUE, WORCESTER, MA 01609

Signing Officer

Name
Debra C Mark
Title
Pres.,CEO & Director
Phone
5087549980
Signed
2019-04-29

Organization Details

Principal Officer
Debra C Mark
Formed
1922
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
9
Employees
25

Preparer

Firm
MERCADANTE & MERCADANTE PC CPA'S
Address
29 MECHANIC ST PO BOX 2125, FITCHBURG, MA 01420-0013
Preparer
Anthony J Mercadante
Phone
9783420647
Supplemental Narrative

Additional Explanations

Form 990, Part III

Dividends and interest paid on members deposits.

Form 990, Part XII

Line 2c the audit commitee assumes responsibilty for the oversight of the audit of its financial statements and the selection of an independent auditor. The financial statement audit is not conducted on a calendar year.

Raw XML AppendixShowing 400 of 416 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0302698
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0488401
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE CREDIT UNION ACCEPTS DEPOSITS AND GRANTS LOANS TO ITS MEMBERS. BENEFITS PAID ARE DIVIDENDS ON DEPOSIT ACCOUNTS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt017360
IRS990/AdvertisingGrp/TotalAmt017360
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt024770
IRS990/AllOtherExpensesGrp/ProgramServicesAmt026000
IRS990/AllOtherExpensesGrp/TotalAmt050770
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt0223216
IRS990/BenefitsToMembersGrp/TotalAmt0223216
IRS990/BooksInCareOfDetail/PersonNm0DEBRA C MARK
IRS990/BooksInCareOfDetail/PhoneNum05087549980
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt036 PARK AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WORCESTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001609
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0233434
IRS990/CashNonInterestBearingGrp/EOYAmt0226060
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0209721
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0209721
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt028825
IRS990/ConferencesMeetingsGrp/TotalAmt028825
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt0223216
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0551835
IRS990/CYOtherExpensesAmt0898912
IRS990/CYOtherRevenueAmt0510576
IRS990/CYProgramServiceRevenueAmt01524372
IRS990/CYRevenuesLessExpensesAmt0403089
IRS990/CYSalariesCompEmpBnftPaidAmt01061566
IRS990/CYTotalExpensesAmt02183694
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02586783
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt040100
IRS990/DepreciationDepletionGrp/TotalAmt040100
IRS990/Desc0DIVIDENDS AND INTEREST PAID ON MEMBERS DEPOSITS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt025
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0223216
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt021600
IRS990/FeesForServicesAccountingGrp/TotalAmt021600
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt038240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0DEBRA C MARK
IRS990/Form990PartVIISectionAGrp/PersonNm1MARGARET M ROCHE
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN J NAUGHTON
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES A CIULLO
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES J CROSBIE
IRS990/Form990PartVIISectionAGrp/PersonNm5DENNIS F GRIMALDI
IRS990/Form990PartVIISectionAGrp/PersonNm6GARRY M POWER
IRS990/Form990PartVIISectionAGrp/PersonNm7JOSEPH H ZUKOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm8PAUL B VASINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm9STEPHEN ROSSETTI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0183180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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/TitleTxt0PRES.,CEO &
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER &
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt3CLERK & DIRE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIRMAN OF
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01922
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02586783
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt016355
IRS990/InsuranceGrp/TotalAmt016355
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0551835
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0551835
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt090400
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt093700
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04673642
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04193306
IRS990/IRPDocumentCnt01294
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02005789
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01182738
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01141873
IRS990/LandBldgEquipCostOrOtherBssAmt03147662
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt063240
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt063240
IRS990/MissionDesc0THE CREDIT UNION ACCEPTS DEPOSITS AND GRANTS LOANS TO ITS MEMBERS. BENEFITS PAID ARE DIVIDENDS ON DEPOSIT ACCOUNTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt010734110
IRS990/NetAssetsOrFundBalancesEOYAmt011111165
IRS990/NetUnrlzdGainsLossesInvstAmt0-26034
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0163214
IRS990/OccupancyGrp/TotalAmt0163214
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt067349
IRS990/OfficeExpensesGrp/TotalAmt067349
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02129570
IRS990/OtherAssetsTotalGrp/EOYAmt02310405
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt048921
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt071443
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0120364
IRS990/OtherExpensesGrp/Desc0DEBIT CARD/CREDIT CARD PR
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL FEES, CONSUL
IRS990/OtherExpensesGrp/Desc2VARIOUS OPERATION EXPENSE
IRS990/OtherExpensesGrp/Desc3ELECTRONIC SERVICES - BIL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0130012
IRS990/OtherExpensesGrp/ProgramServicesAmt0186297
IRS990/OtherExpensesGrp/ProgramServicesAmt1146510
IRS990/OtherExpensesGrp/ProgramServicesAmt230520
IRS990/OtherExpensesGrp/TotalAmt0186297
IRS990/OtherExpensesGrp/TotalAmt1146510
IRS990/OtherExpensesGrp/TotalAmt2130012
IRS990/OtherExpensesGrp/TotalAmt330520
IRS990/OtherLiabilitiesGrp/BOYAmt057089703
IRS990/OtherLiabilitiesGrp/EOYAmt054652271
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/Desc0DEBIT CARD INCOME
IRS990/OtherRevenueMiscGrp/Desc1MEMBER CHECK & FEE
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0200150
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1149095
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt298091
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0200150
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1149095
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt298091
IRS990/OtherRevenueTotalAmt0510576
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0197787
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0395632
IRS990/OtherSalariesAndWagesGrp/TotalAmt0593419
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt033507948
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt035644370
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt028008
IRS990/PayrollTaxesGrp/ProgramServicesAmt034551
IRS990/PayrollTaxesGrp/TotalAmt062559
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt025168
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt050335
IRS990/PensionPlanContributionsGrp/TotalAmt075503
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031378
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt065013
IRS990/PrincipalOfficerNm0DEBRA C MARK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01524372
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01524372
IRS990/ProgSrvcAccomActy2Grp/Desc0GRANTING OF CREDIT (CONSUMER AND MORTGAGE LOAN PRODUCTS) TO MEMBERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0724471
IRS990/ProgSrvcAccomActy3Grp/Desc0OFFERING OF DEBIT AND CREDIT CARD SERVICES FOR MEMBER PURCHASES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0216817
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0213490
IRS990/PYInvestmentIncomeAmt0465826
IRS990/PYOtherExpensesAmt0951004
IRS990/PYOtherRevenueAmt0552739
IRS990/PYProgramServiceRevenueAmt01440772
IRS990/PYRevenuesLessExpensesAmt0270975
IRS990/PYSalariesCompEmpBnftPaidAmt01023868
IRS990/PYTotalExpensesAmt02188362
IRS990/PYTotalRevenueAmt02459337
IRS990/ReconcilationRevenueExpnssAmt0403089
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt010734110
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt011111165
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026277401
IRS990/SavingsAndTempCashInvstGrp/EOYAmt022577110
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0676937
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01277267
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01954204
IRS990ScheduleD/EquipmentGrp/BookValueAmt032608
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0690640
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0723248
IRS990ScheduleD/LandGrp/BookValueAmt0421598
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0421598
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010730
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt037882
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt048612
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt054477664
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt195761
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt278846
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES & DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ATM CLEARING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MISCELLANEOUS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01141873
IRS990ScheduleD/TotalLiabilityAmt054652271
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0164256
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount017998
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt025041
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt013199
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt0926
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DEBRA C MARK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRES.,CEO & DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0221420
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/TravelForCompanionsInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIVIDENDS AND INTEREST PAID ON MEMBERS DEPOSITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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/ExplanationTxt3THE CREDIT UNION MEMBERS RATIFY DECISIONS OF THE GOVERNING BODY AT THEIR ANNUAL MEETING AND ELECT DIRECTORS AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION ENGAGES THE SERVICE OF AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE FORM 990, THE SAME FIRM THAT PERFORMS THE ORGANIZATION'S ANNUAL AUDIT. MANAGEMENT PROVIDES REQUESTED INFORMATION TO THE ACCOUNTING FIRM. A DRAFT COPY IS SENT TO THE PRESIDENT AND CEO FOR REVIEW. ONCE APPROVED THE 990 IS FILED. A COPY OF THE FORM 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/ExplanationTxt5THE ORGANIZATION HAS ADOPTED A CONFLICT OF INTEREST POLICY. THE POLICY REQUIRES THAT DIRECTORS AND OFFICERS REVIEW AND SIGN A CONFLICT QUESTIONNAIRE ANNUALLY IN ORDER TO PROPERLY MONITOR COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CREDIT UNION ANNUALLY APPOINTS A COMPENSATION COMMITTEE TO REVIEW COMPENSATION OF ALL EMPLOYEES INCLUDING THE OFFICERS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE CONTRACTS WITH INDEPENDENT EMPLOYMENT CONSULTANT PERIODICALLY TO CONDUCT INDUSTRY SALARY SURVEYS WITH RELEVANT PEER GROUP INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE CREDIT UNION ANNUALLY APPOINTS A COMPENSATION COMMITTEE TO REVIEW COMPENSATION OF ALL EMPLOYEES INCLUDING THE OFFICERS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE CONTRACTS WITH INDEPENDENT EMPLOYMENT CONSULTANT PERIODICALLY TO CONDUCT INDUSTRY SALARY SURVEYS WITH RELEVANT PEER GROUP INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE CREDIT UNION POSTS UNAUDITED FINANCIAL STATEMENTS IN THE LOBBY OF THE CREDIT UNION BRANCH, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9LINE 2C THE AUDIT COMMITEE ASSUMES RESPONSIBILTY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR. THE FINANCIAL STATEMENT AUDIT IS NOT CONDUCTED ON A CALENDAR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XII
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt068126511
IRS990/TotalAssetsEOYAmt066251837
IRS990/TotalAssetsGrp/BOYAmt068126511
IRS990/TotalAssetsGrp/EOYAmt066251837
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt025
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01019190
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01164504
IRS990/TotalFunctionalExpensesGrp/TotalAmt02183694
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt057392401
IRS990/TotalLiabilitiesEOYAmt055140672
IRS990/TotalLiabilitiesGrp/BOYAmt057392401
IRS990/TotalLiabilitiesGrp/EOYAmt055140672
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010734110
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011111165
IRS990/TotalOtherCompensationAmt038240
IRS990/TotalProgramServiceExpensesAmt01164504
IRS990/TotalProgramServiceRevenueAmt01524372
IRS990/TotalReportableCompFromOrgAmt0184680
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02586783
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02586783
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt068126511
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt066251837
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt036 PARK AVENUE
IRS990/USAddress/CityNm0WORCESTER
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001609
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.ALLCOMCU.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DEBRA C MARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRES.,CEO & DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05087549980
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALLCOM CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0ALLC
ReturnHeader/Filer/EIN0041163260
ReturnHeader/Filer/PhoneNum05087549980
ReturnHeader/Filer/USAddress/AddressLine1Txt036 PARK AVENUE
ReturnHeader/Filer/USAddress/CityNm0WORCESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001609
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00D297117F704182865531CB1171344546A2D02AE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00D297117F704182865531CB1171344546A2D02AE
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.104.175.19
ReturnHeader/FilingSecurityInformation/IPDt02019-05-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$79.0$66.9$12.1$3.69$3.20$0.50
2023Detailed filing. Detailed filing data is available for this year.$78.7$67.2$11.5$3.27$2.69$0.58
2022Detailed filing. Detailed filing data is available for this year.$79.7$69.2$10.5$2.58$2.27$0.31
2021Detailed filing. Detailed filing data is available for this year.$80.6$69.1$11.5$2.51$2.40$0.11
2020Detailed filing. Detailed filing data is available for this year.$75.5$64.0$11.6$2.61$2.50$0.10
2019Detailed filing. Detailed filing data is available for this year.$67.0$55.5$11.4$2.73$2.48$0.25
2018Detailed filing. Detailed filing data is available for this year.$66.3$55.1$11.1$2.59$2.18$0.40
2017Detailed filing. Detailed filing data is available for this year.$68.1$57.4$10.7$2.46$2.19$0.27
2016Detailed filing. Detailed filing data is available for this year.$67.2$56.7$10.5$2.37$2.12$0.25
2015Detailed filing. Detailed filing data is available for this year.$68.3$58.0$10.3$2.45$2.08$0.37
2014Detailed filing. Detailed filing data is available for this year.$66.2$56.2$9.96$2.31$2.13$0.18
2013Detailed filing. Detailed filing data is available for this year.$67.4$57.6$9.76$2.31$2.23$0.08
2012Summary only. Only limited summary data is available for this year.$57.7$49.4$8.31$2.42$2.16$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.7$48.7$8.00$2.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.1$48.3$7.76$2.47
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)14 • $50M-$100M nonprofits