Civic Intelligence

Lowell Firefighters Credit Union

990 • Fiscal year 2016 • EIN 04-1558025

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 13, 2017

Organization ProfileLFFCU.COM

View Organization Page

642 Chelmsford StreetLowell, MA 01851

(978) 453-2734

Siviq Scores

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

Liabilities / Assets

25th percentile

0.82x

Higher debt load relative to assets than 25% of similar nonprofits.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

46th percentile

19.76x

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

2016 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2016

Net Margin

43rd percentile

4.6%

Higher net margin than 43% of similar nonprofits.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

20th percentile

$51,748

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2016

Asset Growth

8th percentile

-4.1%

Faster asset growth than 8% of similar nonprofits.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

84th percentile

8.9%

Faster revenue growth than 84% of similar nonprofits.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets25th percentile

Assets

Down

$16,580,424

Down $709,667 (-4.1%) from 2015

Net Assets

Up

$3,015,472

Up $31,807 (+1.1%) from 2015

Liabilities

Down

$13,564,952

Down $741,474 (-5.2%) from 2015

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin43rd percentile

Revenue

Up

$686,524

Up $55,821 (+8.9%) from 2015

Expenses

Up

$654,717

Up $83,367 (+15%) from 2015

Net Income

Down

$31,807

Down $27,546 (-46%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$30M$20M$10M$0Assets 2010: $15,130,909Liabilities 2010: $12,424,758Net Assets 2010: $2,706,1512010Assets 2011: $15,524,483Liabilities 2011: $12,750,319Net Assets 2011: $2,774,1642011Assets 2012: $15,574,289Liabilities 2012: $12,734,303Net Assets 2012: $2,839,9862012Assets 2013: $16,514,771Liabilities 2013: $13,625,329Net Assets 2013: $2,889,4422013Assets 2014: $16,962,595Liabilities 2014: $14,038,283Net Assets 2014: $2,924,3122014Assets 2015: $17,290,091Liabilities 2015: $14,306,426Net Assets 2015: $2,983,6652015Assets 2016: $16,580,424Liabilities 2016: $13,564,952Net Assets 2016: $3,015,4722016Assets 2017: $16,325,561Liabilities 2017: $13,262,840Net Assets 2017: $3,062,7212017Assets 2018: $16,899,511Liabilities 2018: $13,770,811Net Assets 2018: $3,128,7002018Assets 2019: $18,974,148Liabilities 2019: $15,796,892Net Assets 2019: $3,177,2562019Assets 2020: $24,508,998Liabilities 2020: $21,305,330Net Assets 2020: $3,203,6682020Assets 2021: $26,588,905Liabilities 2021: $23,310,366Net Assets 2021: $3,278,5392021Assets 2022: $28,482,603Liabilities 2022: $25,123,873Net Assets 2022: $3,358,7302022Assets 2023: $27,126,254Liabilities 2023: $23,698,232Net Assets 2023: $3,428,0222023Assets 2024: $27,142,758Liabilities 2024: $23,681,561Net Assets 2024: $3,461,1972024

Highlighted filing

2016

Assets$16,580,424
Liabilities$13,564,952
Net Assets$3,015,472
Open 2016 Filing

Operations Trend

Revenue Growth84th percentile

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

$1.5M$1.0M$500K$0Expenses 2010: $559,3382010Expenses 2011: $548,4702011Expenses 2012: $531,7762012Revenue 2013: $579,133Expenses 2013: $529,677Net Income 2013: $49,4562013Revenue 2014: $596,161Expenses 2014: $561,291Net Income 2014: $34,8702014Revenue 2015: $630,703Expenses 2015: $571,350Net Income 2015: $59,3532015Revenue 2016: $686,524Expenses 2016: $654,717Net Income 2016: $31,8072016Revenue 2017: $718,892Expenses 2017: $671,643Net Income 2017: $47,2492017Revenue 2018: $759,748Expenses 2018: $693,769Net Income 2018: $65,9792018Revenue 2019: $793,488Expenses 2019: $744,932Net Income 2019: $48,5562019Revenue 2020: $748,990Expenses 2020: $722,577Net Income 2020: $26,4132020Revenue 2021: $812,586Expenses 2021: $737,716Net Income 2021: $74,8702021Revenue 2022: $945,854Expenses 2022: $863,910Net Income 2022: $81,9442022Revenue 2023: $1,103,195Expenses 2023: $997,133Net Income 2023: $106,0622023Revenue 2024: $1,239,930Expenses 2024: $1,207,192Net Income 2024: $32,7382024

Highlighted filing

2016

Revenue$686,524
Expenses$654,717
Net Income$31,807
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 13, 2017
Return Version
2016v3.0
Gross Receipts
$686,524
Mission and Program Overview

Mission

Credit union member thrift

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$7,871,854$8,889,807▲ $1,017,953
Savings and Temporary Cash Investments$7,806,165$6,242,169▼ $1,563,996
Rtn Earn Endowment Incm Other Fnds$2,983,665$3,015,472▲ $31,807
Land, Buildings, and Equipment, Net$591,486$565,537▼ $25,949
Cash and Non-Interest-Bearing Accounts$592,577$464,031▼ $128,546
Receivables From Officers Etc$182,460$173,276▼ $9,184
Prepaid Expenses and Deferred Charges$86,690$83,984▼ $2,706
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$17,290,091$16,580,424▼ $709,667
Other Assets Total$158,859$161,620▲ $2,761
Liabilities
Other Liabilities$14,266,727$13,510,528▼ $756,199
Accounts Payable and Accrued Expenses$39,699$54,424▲ $14,725
Total Liabilities$14,306,426$13,564,952▼ $741,474
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,983,665$3,015,472▲ $31,807
Total Liabilities and Net Assets / Fund Balance$17,290,091$16,580,424▼ $709,667

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$390,836$13,463$404,299
Buildings$48,000$259,500$307,500
Equipment$7,701$250,487$258,188
Land$119,000-$119,000
Leasehold Improvements$0$68,256$68,256
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael BoldrighiniDirector/CEOPT$51,748$51,748

Board Members and Trustees

NameTitle
Patrick R Mccabe JrPresident
Barry F GannonDirector
Paul D Cronk JrDirector
Robert W KohanskiDirector
Robert W LittlefieldDirector
Robert a BennetDirector
Ronald BouchardDirector
Jason T StrunkDirector/VP
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$469,731
Investment Income
$108,340
Other Revenue
$108,453
Change in Net Assets
$31,807
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$425,083
Salaries, Compensation, and Employee Benefits$229,634
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$144,629--$144,629
All Other Expenses$63,085--$63,085
Current Officers, Directors, Trustees, and Key Employees$51,748--$51,748
Interest$47,172--$47,172
Other Expenses$24,866--$24,866
Other Employee Benefits$17,300--$17,300
Fees for Services Other$16,680--$16,680
Fees for Services Accounting$16,655--$16,655
Payroll Taxes$15,957--$15,957
Depreciation Depletion$14,712--$14,712
Advertising$9,553--$9,553
Conferences and Meetings$8,544--$8,544
Insurance$2,184--$2,184
Fees for Services Legal$65--$65
Total Functional Expenses$654,717$0$0$654,717
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$182,460$173,276▼ $9,184
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Members Shares & Deposits$13,510,528
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The credit union is owned by its members.”

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

“Credit union members elect their volunteer board of directors who are also members of the credit union. One member, one vote.”

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

“Any major changes to the credit union by-laws must be approved by the membership”

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

“The accounting manager prepares the 990. The president/ceo reviews the form for accuracy. The credit union's outside cpa auditor reviews the form and makes any necessary corrections before electronically filing the report on the credit union's behalf. The 990 is available for the board and supervisory committee to review.”

Form 990, Part VI, Section B, Line 15

“Professional credit union compensation surveys are obtained and provided to the board. The board uses this information in conjunction with a review of the performance of the ceo to determine an appropriate compensation amount. The board votes on the ceo's compensation.”

Form 990, Part VI, Section C, Line 19

“The credit union's bylaws are available upon request. Financial statements are posted in the cu main lobby and are available upon request. They can also be viewed on ncua's website.”

Filing and Contact Details

Filer

Filer Name
Lowell Firefighters Credit Union
EIN
04-1558025
Phone
9784532734
Address
642 CHELMSFORD STREET, LOWELL, MA 01851

Signing Officer

Name
Michael Boldrighini
Title
CEO
Phone
9784532734
Signed
2017-06-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Boldrighini
Formed
1936
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
8
Employees
5
Volunteers
8

Preparer

Firm
Walsh & Co
Address
632A MAIN STREET, WINCHESTER, MA 01890
Preparer
Michael J Walsh CPA
Phone
7817210295
Raw XML AppendixShowing 400 of 478 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt039699
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt054424
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CREDIT UNION MEMBER THRIFT
IRS990/AdvertisingGrp/ProgramServicesAmt09553
IRS990/AdvertisingGrp/TotalAmt09553
IRS990/AllOtherExpensesGrp/ProgramServicesAmt063085
IRS990/AllOtherExpensesGrp/TotalAmt063085
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL BOLDRIGHINI
IRS990/BooksInCareOfDetail/PhoneNum09784532734
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0642 CHELMSFORD STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOWELL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001851
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0592577
IRS990/CashNonInterestBearingGrp/EOYAmt0464031
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt051748
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt051748
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt08544
IRS990/ConferencesMeetingsGrp/TotalAmt08544
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0108340
IRS990/CYOtherExpensesAmt0425083
IRS990/CYOtherRevenueAmt0108453
IRS990/CYProgramServiceRevenueAmt0469731
IRS990/CYRevenuesLessExpensesAmt031807
IRS990/CYSalariesCompEmpBnftPaidAmt0229634
IRS990/CYTotalExpensesAmt0654717
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0686524
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt014712
IRS990/DepreciationDepletionGrp/TotalAmt014712
IRS990/Desc0MAINTENANCE OF MEMBER SHARE AND DEPOSIT ACCOUNTS AND THE PAYMENT OF INTEREST THEREON.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt0654717
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt016655
IRS990/FeesForServicesAccountingGrp/TotalAmt016655
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt065
IRS990/FeesForServicesLegalGrp/TotalAmt065
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt016680
IRS990/FeesForServicesOtherGrp/TotalAmt016680
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt028.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/PersonNm0MICHAEL BOLDRIGHINI
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT W KOHANSKI
IRS990/Form990PartVIISectionAGrp/PersonNm2PATRICK R MCCABE JR
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT A BENNET
IRS990/Form990PartVIISectionAGrp/PersonNm4RONALD BOUCHARD
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT W LITTLEFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL D CRONK JR
IRS990/Form990PartVIISectionAGrp/PersonNm7JASON T STRUNK
IRS990/Form990PartVIISectionAGrp/PersonNm8BARRY F GANNON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt051748
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/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/TitleTxt0DIRECTOR/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR/VP
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0686524
IRS990/GrossRentsGrp/RealAmt034800
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02184
IRS990/InsuranceGrp/TotalAmt02184
IRS990/InterestGrp/ProgramServicesAmt047172
IRS990/InterestGrp/TotalAmt047172
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0108340
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0108340
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0504
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0591706
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0591486
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0565537
IRS990/LandBldgEquipCostOrOtherBssAmt01157243
IRS990/LegalDomicileStateCd0MA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CREDIT UNION MEMBER THRIFT
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02983665
IRS990/NetAssetsOrFundBalancesEOYAmt03015472
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt034800
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt034800
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0158859
IRS990/OtherAssetsTotalGrp/EOYAmt0161620
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017300
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017300
IRS990/OtherExpensesGrp/Desc0OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc1BANK BUILDING EXPENSE
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3DATA PROCESSING
IRS990/OtherExpensesGrp/ProgramServicesAmt0155183
IRS990/OtherExpensesGrp/ProgramServicesAmt135384
IRS990/OtherExpensesGrp/ProgramServicesAmt231000
IRS990/OtherExpensesGrp/ProgramServicesAmt324866
IRS990/OtherExpensesGrp/TotalAmt0155183
IRS990/OtherExpensesGrp/TotalAmt135384
IRS990/OtherExpensesGrp/TotalAmt231000
IRS990/OtherExpensesGrp/TotalAmt324866
IRS990/OtherLiabilitiesGrp/BOYAmt014266727
IRS990/OtherLiabilitiesGrp/EOYAmt013510528
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/Desc1FEE INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt037002
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt136651
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt037002
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt136651
IRS990/OtherRevenueTotalAmt073653
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0144629
IRS990/OtherSalariesAndWagesGrp/TotalAmt0144629
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt07871854
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt08889807
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt015957
IRS990/PayrollTaxesGrp/TotalAmt015957
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt086690
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt083984
IRS990/PrincipalOfficerNm0MICHAEL BOLDRIGHINI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541700
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST FROM LOANS TO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0469731
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0469731
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0107918
IRS990/PYOtherExpensesAmt0361968
IRS990/PYOtherRevenueAmt0104067
IRS990/PYProgramServiceRevenueAmt0418718
IRS990/PYRevenuesLessExpensesAmt059353
IRS990/PYSalariesCompEmpBnftPaidAmt0209382
IRS990/PYTotalExpensesAmt0571350
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0630703
IRS990/QuidProQuoContributionsInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0182460
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0173276
IRS990/ReconcilationRevenueExpnssAmt031807
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt034800
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0686524
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02983665
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03015472
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07806165
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06242169
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt048000
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0259500
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0307500
IRS990ScheduleD/EquipmentGrp/BookValueAmt07701
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0250487
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0258188
IRS990ScheduleD/LandGrp/BookValueAmt0119000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0119000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt068256
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt068256
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0390836
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013463
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0404299
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013510528
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS SHARES & DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0565537
IRS990ScheduleD/TotalLiabilityAmt013510528
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt09123
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt12365
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt214696
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt314124
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt411661
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt563618
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt63639
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt720913
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt817505
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt915632
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd51
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd61
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd71
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd81
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd91
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd50
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd60
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd70
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd80
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd90
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd6X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd7X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd8X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd9X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0AUTO LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1SHARE SECURED LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2AUTO LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4AUTO LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5HOME EQUITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt6SECURED LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt7AUTO LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt8AUTO LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt022360
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt15000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt224305
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt315000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt419411
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt575000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt64000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt725000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt834379
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt916000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ROBERT BENNETT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1PATRICK MCCABE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2PAUL D CRONK JR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3PAUL D CRONK JR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4RONALD BOUCHARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5BARRY GANNON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm6JASON STRUNK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm7BARRY GANNON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm8MICHAEL BOLDRIGHINI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm9BARRY GANNON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5DIRECTOR/VP
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt6DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt7DIRECTOR/CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd51
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd61
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd71
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd81
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd91
IRS990ScheduleL/TotalBalanceDueAmt0173276
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS OWNED BY ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CREDIT UNION MEMBERS ELECT THEIR VOLUNTEER BOARD OF DIRECTORS WHO ARE ALSO MEMBERS OF THE CREDIT UNION. ONE MEMBER, ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY MAJOR CHANGES TO THE CREDIT UNION BY-LAWS MUST BE APPROVED BY THE MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ACCOUNTING MANAGER PREPARES THE 990. THE PRESIDENT/CEO REVIEWS THE FORM FOR ACCURACY. THE CREDIT UNION'S OUTSIDE CPA AUDITOR REVIEWS THE FORM AND MAKES ANY NECESSARY CORRECTIONS BEFORE ELECTRONICALLY FILING THE REPORT ON THE CREDIT UNION'S BEHALF. THE 990 IS AVAILABLE FOR THE BOARD AND SUPERVISORY COMMITTEE TO REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL CREDIT UNION COMPENSATION SURVEYS ARE OBTAINED AND PROVIDED TO THE BOARD. THE BOARD USES THIS INFORMATION IN CONJUNCTION WITH A REVIEW OF THE PERFORMANCE OF THE CEO TO DETERMINE AN APPROPRIATE COMPENSATION AMOUNT. THE BOARD VOTES ON THE CEO'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CREDIT UNION'S BYLAWS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED IN THE CU MAIN LOBBY AND ARE AVAILABLE UPON REQUEST. THEY CAN ALSO BE VIEWED ON NCUA'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,580,424
Liabilities
$13,564,952
Net assets
$3,015,472
Revenue
$686,524
Expenses
$654,717
Net income
$31,807
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.1$23.7$3.46$1.24$1.21$0.03
2023Detailed filing. Detailed filing data is available for this year.$27.1$23.7$3.43$1.10$1.00$0.11
2022Detailed filing. Detailed filing data is available for this year.$28.5$25.1$3.36$0.95$0.86$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.6$23.3$3.28$0.81$0.74$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.5$21.3$3.20$0.75$0.72$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.0$15.8$3.18$0.79$0.74$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.9$13.8$3.13$0.76$0.69$0.07
2017Detailed filing. Detailed filing data is available for this year.$16.3$13.3$3.06$0.72$0.67$0.05
2016Detailed filing. Detailed filing data is available for this year.$16.6$13.6$3.02$0.69$0.65$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.3$14.3$2.98$0.63$0.57$0.06
2014Detailed filing. Detailed filing data is available for this year.$17.0$14.0$2.92$0.60$0.56$0.03
2013Detailed filing. Detailed filing data is available for this year.$16.5$13.6$2.89$0.58$0.53$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$12.7$2.84$0.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.5$12.8$2.77$0.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.1$12.4$2.71$0.56