Civic Intelligence

First Choice Credit Union

990 • Fiscal year 2014 • EIN 04-1282555

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 21, 2015

Organization ProfileN/A

View Organization Page

55 Marston StreetLawrence, MA 01841

(978) 691-6459

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$8,313,326

Flat from 2014

Net Assets

Flat

$1,191,284

Flat from 2014

Liabilities

Flat

$7,122,042

Flat from 2014

Revenue And Expenses

Revenue

Flat

$272,989

Flat from 2014

Expenses

Flat

$376,982

Flat from 2014

Net Income

Flat

-$103,993

Flat from 2014

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $7,663,785Liabilities 2011: $6,385,379Net Assets 2011: $1,278,4062011Assets 2012: $8,016,997Liabilities 2012: $6,703,183Net Assets 2012: $1,313,8142012Assets 2013: $8,678,006Liabilities 2013: $7,382,729Net Assets 2013: $1,295,2772013Assets 2014: $8,313,326Liabilities 2014: $7,122,042Net Assets 2014: $1,191,2842014Assets 2014: $8,313,326Liabilities 2014: $7,122,042Net Assets 2014: $1,191,2842014

Highlighted filing

2014

Assets$8,313,326
Liabilities$7,122,042
Net Assets$1,191,284
Open 2014 Filing

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $290,2362011Expenses 2012: $300,3722012Revenue 2013: $295,747Expenses 2013: $314,284Net Income 2013: -$18,5372013Revenue 2014: $272,989Expenses 2014: $376,982Net Income 2014: -$103,9932014Revenue 2014: $272,989Expenses 2014: $376,982Net Income 2014: -$103,9932014

Highlighted filing

2014

Revenue$272,989
Expenses$376,982
Net Income-$103,993
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 21, 2015
Return Version
2014v5.0
Gross Receipts
$272,989
Mission and Program Overview

Mission

Credit union - thrift services

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,411,741$5,193,457▼ $218,284
Other Notes and Loans Receivable, Net$3,135,102$2,937,655▼ $197,447
Rtn Earn Endowment Incm Other Fnds$1,295,277$1,191,284▼ $103,993
Cash and Non-Interest-Bearing Accounts$2,932$53,979▲ $51,047
Prepaid Expenses and Deferred Charges$20,107$15,729▼ $4,378
Receivables From Officers Etc$16,230$13,076▼ $3,154
Land, Buildings, and Equipment, Net$19,129$9,582▼ $9,547
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$8,678,006$8,313,326▼ $364,680
Other Assets Total$72,765$89,848▲ $17,083
Liabilities
Other Liabilities$7,367,159$7,103,012▼ $264,147
Accounts Payable and Accrued Expenses$15,570$19,030▲ $3,460
Total Liabilities$7,382,729$7,122,042▼ $260,687
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,295,277$1,191,284▼ $103,993
Total Liabilities and Net Assets / Fund Balance$8,678,006$8,313,326▼ $364,680

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,582$36,098$45,680
Compensation and Service Providers

Board Members and Trustees

NameTitle
Thomas RallsPresident
Joyce RichardsonVice President
Edwin RodriguezDirector
George D PerryDirector
Jeffrey FontaineDirector
John TellierDirector
Melisa LemireDirector
Richard KalleryDirector
Richard PoirierDirector
Robert JohnsonDirector
Roberty MalenfantDirector
Judith FoleyAsst. Treasurer
Peter M VinciTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$189,002
Investment Income
$65,917
Other Revenue
$18,070
Change in Net Assets
$-103,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$253,817
Salaries, Compensation, and Employee Benefits$123,165
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$111,272-$111,272
Interest$66,805--$66,805
Information Technology-$29,141-$29,141
All Other Expenses-$15,810-$15,810
Office Expenses-$14,683-$14,683
Depreciation Depletion-$9,548-$9,548
Occupancy-$9,125-$9,125
Fees for Services Accounting-$8,506-$8,506
Payroll Taxes-$8,241-$8,241
Insurance-$4,678-$4,678
Other Expenses-$4,111-$4,111
Other Employee Benefits-$3,095-$3,095
Travel-$1,778-$1,778
Fees for Services Legal-$575-$575
Other Salaries and Wages-$557-$557
Total Functional Expenses$66,805$310,177$0$376,982
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$16,230$13,076▼ $3,154
Receivables from Disqualified Persons-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposit Accounts$7,103,012
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Persons who meet the requirements of the organization's field of membership who hold at least one share of the capital.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The 990 is prepared by an outside accountant. The manager reviews the return prior to filing. The audit committee will also review the form 990 prior to filing if time permits.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Based on earnings and industry.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The financial statements are posted in each credit union's office lobby for each month end. Governing documents and policies are available upon request.”

Filing and Contact Details

Filer

Filer Name
First Choice Credit Union
EIN
04-1282555
Phone
9786916459
Address
55 MARSTON STREET, LAWRENCE, MA 01841

Signing Officer

Name
Peter Vinci
Title
Treasurer
Signed
2015-04-21
Discuss with paid preparer
Yes

Organization Details

Formed
1940
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
11
Employees
2
Volunteers
11

Preparer

Firm
Robert Anderson & Company Pc
Address
138 DODGE ST, BEVERLY, MA 01915-1866
Preparer
Robert Anderson
Phone
9782329300
Raw XML AppendixShowing 400 of 464 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/BOYAmt015570
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt019030
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CREDIT UNION - THRIFT SERVICES
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt015810
IRS990/AllOtherExpensesGrp/TotalAmt015810
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0PETER VINCI
IRS990/BooksInCareOfDetail/PhoneNum09786916459
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt055 MARSTON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAWRENCE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001841
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02932
IRS990/CashNonInterestBearingGrp/EOYAmt053979
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0111272
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0111272
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt065917
IRS990/CYOtherExpensesAmt0253817
IRS990/CYOtherRevenueAmt018070
IRS990/CYProgramServiceRevenueAmt0189002
IRS990/CYRevenuesLessExpensesAmt0-103993
IRS990/CYSalariesCompEmpBnftPaidAmt0123165
IRS990/CYTotalExpensesAmt0376982
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0272989
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt09548
IRS990/DepreciationDepletionGrp/TotalAmt09548
IRS990/Desc0MAINTAINING OF MEMBERS ACCOUNTS AND THE PAYMENTS OF DIVIDENDS THERE ON. NUMBER OF ACCOUNTS 1,402.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt066805
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08506
IRS990/FeesForServicesAccountingGrp/TotalAmt08506
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0575
IRS990/FeesForServicesLegalGrp/TotalAmt0575
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt937.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1037.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1237.50
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/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0THOMAS RALLS
IRS990/Form990PartVIISectionAGrp/PersonNm1RICHARD POIRIER
IRS990/Form990PartVIISectionAGrp/PersonNm2RICHARD KALLERY
IRS990/Form990PartVIISectionAGrp/PersonNm3JEFFREY FONTAINE
IRS990/Form990PartVIISectionAGrp/PersonNm4MELISA LEMIRE
IRS990/Form990PartVIISectionAGrp/PersonNm5GEORGE D PERRY
IRS990/Form990PartVIISectionAGrp/PersonNm6EDWIN RODRIGUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm7ROBERTY MALENFANT
IRS990/Form990PartVIISectionAGrp/PersonNm8JOYCE RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm9JUDITH FOLEY
IRS990/Form990PartVIISectionAGrp/PersonNm10ROBERT JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm11JOHN TELLIER
IRS990/Form990PartVIISectionAGrp/PersonNm12PETER M VINCI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt9ASST. TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01940
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0272989
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt029141
IRS990/InformationTechnologyGrp/TotalAmt029141
IRS990/InsuranceGrp/ManagementAndGeneralAmt04678
IRS990/InsuranceGrp/TotalAmt04678
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt066805
IRS990/InterestGrp/TotalAmt066805
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt065917
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt065917
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt0235
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt036098
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019129
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09582
IRS990/LandBldgEquipCostOrOtherBssAmt045680
IRS990/LegalDomicileStateCd0MA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0true
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CREDIT UNION - THRIFT SERVICES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01295277
IRS990/NetAssetsOrFundBalancesEOYAmt01191284
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt09125
IRS990/OccupancyGrp/TotalAmt09125
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014683
IRS990/OfficeExpensesGrp/TotalAmt014683
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt072765
IRS990/OtherAssetsTotalGrp/EOYAmt089848
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03095
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03095
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/Desc1ATM EXPENSE
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING
IRS990/OtherExpensesGrp/Desc3Postage and Shipping
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt076793
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16927
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25337
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt34111
IRS990/OtherExpensesGrp/TotalAmt076793
IRS990/OtherExpensesGrp/TotalAmt16927
IRS990/OtherExpensesGrp/TotalAmt25337
IRS990/OtherExpensesGrp/TotalAmt34111
IRS990/OtherLiabilitiesGrp/BOYAmt07367159
IRS990/OtherLiabilitiesGrp/EOYAmt07103012
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1524298
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0FEES AND CHARGES
IRS990/OtherRevenueMiscGrp/Desc1INSURANCE
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt015265
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12795
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt210
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt015265
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12795
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt210
IRS990/OtherRevenueTotalAmt018070
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0557
IRS990/OtherSalariesAndWagesGrp/TotalAmt0557
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03135102
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02937655
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08241
IRS990/PayrollTaxesGrp/TotalAmt08241
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020107
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015729
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0189002
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0189002
IRS990/ProgSrvcAccomActy2Grp/Desc0MAKING LOANS TO MEMBERS AT INTEREST. NUMBER OF ACCOUNTS 365.
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0189002
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt062057
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0195421
IRS990/PYOtherRevenueAmt018639
IRS990/PYProgramServiceRevenueAmt0215051
IRS990/PYRevenuesLessExpensesAmt0-18537
IRS990/PYSalariesCompEmpBnftPaidAmt0118863
IRS990/PYTotalExpensesAmt0314284
IRS990/PYTotalRevenueAmt0295747
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt016230
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt013076
IRS990/ReconcilationRevenueExpnssAmt0-103993
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01295277
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01191284
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05411741
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05193457
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09582
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt036098
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt045680
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07103012
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSIT ACCOUNTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09582
IRS990ScheduleD/TotalLiabilityAmt07103012
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt04062
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt12015
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt27000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CONSUMER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1CONSUMER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2CONSUMER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt05000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt17500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt27000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JEFFREY FONTAINE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1MELISA LEMIRE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2PETER M VINCI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/TotalBalanceDueAmt013077
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Persons who meet the requirements of the organization's field of membership who hold at least one share of the capital.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS PREPARED BY AN OUTSIDE ACCOUNTANT. THE MANAGER REVIEWS THE RETURN PRIOR TO FILING. THE AUDIT COMMITTEE WILL ALSO REVIEW THE FORM 990 PRIOR TO FILING IF TIME PERMITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BASED ON EARNINGS AND INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FINANCIAL STATEMENTS ARE POSTED IN EACH CREDIT UNION'S OFFICE LOBBY FOR EACH MONTH END. GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,313,326
Liabilities
$7,122,042
Net assets
$1,191,284
Revenue
$272,989
Expenses
$376,982
Net income
-$103,993
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$8.31$7.12$1.19$0.27$0.38$0.10
2014Detailed filing. Detailed filing data is available for this year.$8.31$7.12$1.19$0.27$0.38$0.10
2013Detailed filing. Detailed filing data is available for this year.$8.68$7.38$1.30$0.30$0.31$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.02$6.70$1.31$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.66$6.39$1.28$0.29