Civic Intelligence

Metro Credit Union

990 • Fiscal year 2010 • EIN 04-1695745

Jan 01, 2010 to Dec 31, 2010 • Filed on Sep 23, 2011

200 Revere Beach Parkway02150
Siviq Scores

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

Liabilities / Assets

30th percentile

0.88x

Higher debt load relative to assets than 30% of similar nonprofits.

2010 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$784,948,389

No earlier filing loaded for comparison.

Net Assets

$91,654,337

No earlier filing loaded for comparison.

Liabilities

$693,294,052

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$40,392,983

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0B$3.0B$2.0B$1.0B$0Assets 2010: $784,948,389Liabilities 2010: $693,294,052Net Assets 2010: $91,654,3372010Assets 2011: $957,971,443Liabilities 2011: $854,147,041Net Assets 2011: $103,824,4022011Assets 2012: $1,126,560,711Liabilities 2012: $1,008,329,870Net Assets 2012: $118,230,8412012Assets 2013: $1,279,777,202Liabilities 2013: $1,155,422,753Net Assets 2013: $124,354,4492013Assets 2014: $1,364,539,522Liabilities 2014: $1,235,242,727Net Assets 2014: $129,296,7952014Assets 2015: $1,492,356,111Liabilities 2015: $1,357,261,159Net Assets 2015: $135,094,9522015Assets 2016: $1,633,755,224Liabilities 2016: $1,490,390,948Net Assets 2016: $143,364,2762016Assets 2017: $1,682,401,982Liabilities 2017: $1,524,456,756Net Assets 2017: $157,945,2262017Assets 2018: $1,877,534,257Liabilities 2018: $1,705,631,766Net Assets 2018: $171,902,4912018Assets 2019: $2,092,358,761Liabilities 2019: $1,904,142,090Net Assets 2019: $188,216,6712019Assets 2020: $2,385,374,276Liabilities 2020: $2,180,567,969Net Assets 2020: $204,806,3072020Assets 2021: $2,510,941,078Liabilities 2021: $2,291,755,740Net Assets 2021: $219,185,3382021Assets 2022: $3,156,507,565Liabilities 2022: $2,917,840,908Net Assets 2022: $238,666,6572022Assets 2023: $3,414,191,630Liabilities 2023: $3,157,759,150Net Assets 2023: $256,432,4802023Assets 2024: $3,440,032,348Liabilities 2024: $3,164,194,252Net Assets 2024: $275,838,0962024

Highlighted filing

2010

Assets$784,948,389
Liabilities$693,294,052
Net Assets$91,654,337

Operations Trend

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

$200M$150M$100M$50M$0Expenses 2010: $40,392,9832010Expenses 2011: $40,721,8272011Revenue 2012: $57,522,772Expenses 2012: $47,121,551Net Income 2012: $10,401,2212012Revenue 2013: $58,316,336Expenses 2013: $53,135,453Net Income 2013: $5,180,8832013Revenue 2014: $56,815,520Expenses 2014: $52,378,292Net Income 2014: $4,437,2282014Revenue 2015: $58,839,454Expenses 2015: $53,946,122Net Income 2015: $4,893,3322015Revenue 2016: $64,430,195Expenses 2016: $56,107,971Net Income 2016: $8,322,2242016Revenue 2017: $71,469,349Expenses 2017: $56,395,350Net Income 2017: $15,073,9992017Revenue 2018: $79,251,770Expenses 2018: $64,685,998Net Income 2018: $14,565,7722018Revenue 2019: $89,211,246Expenses 2019: $75,756,292Net Income 2019: $13,454,9542019Revenue 2020: $101,297,996Expenses 2020: $85,388,608Net Income 2020: $15,909,3882020Revenue 2021: $92,937,477Expenses 2021: $78,093,785Net Income 2021: $14,843,6922021Revenue 2022: $114,336,853Expenses 2022: $83,937,696Net Income 2022: $30,399,1572022Revenue 2023: $149,461,871Expenses 2023: $134,522,388Net Income 2023: $14,939,4832023Revenue 2024: $173,359,884Expenses 2024: $166,107,473Net Income 2024: $7,252,4112024

Highlighted filing

2010

Revenue-
Expenses$40,392,983
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Sep 23, 2011
Return Version
2010v3.4
Gross Receipts
$139,645,215
Mission and Program Overview

Mission

For over 88 years, metro credit union has been providing financial services to communities throughout massachusetts. As one of the largest credit unions in the state, metro has $1 billion in assets, more than 180,000 members, and is able to serve anyone in essex, middlesex, suffolk, norfolk, plymouth, barnstable or worcester counties. As a full-service credit union, metro offers all of the financial products and delivery innovations that you'd expect from a large financial institution. Founded in 1926 and headquartered in chelsea, massachusetts, metro credit union is a cooperative financial institution, owned by and operated for the people who use and benefit from our products and services. We're different from banks because we are a non-profit cooperative that is dedicated to the financial success of our members; and not focused on paying dividends to stockholders or maximizing profits for shareholders. The money we bring in is reinvested in you, our members, through better rates and

Filing and Contact Details

Filer

EIN
04-1695745
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IRS990/MissionDescription0For 85 years, Metro Credit Union has been providing financial services to communities throughout Massachusetts. As one of the largest credit unions in the state, Metro has over $784 million in assets, more than 120,000 Members, and is able to serve anyone in Essex, Middlesex, Suffolk, Norfolk, Plymouth, Barnstable or Worcester counties. As a full-service credit union, Metro offers all of the financial products and delivery innovations that you'd expect from a large financial institution. Founded in 1926 and headquartered in Chelsea, Massachusetts, Metro Credit Union is a cooperative financial institution, owned by and operated for the people who use and benefit from our products and services. We're different from banks because we are a non-profit cooperative that is dedicated to the financial success of our members; and not focused on paying dividends to stockholders or maximizing profits for shareholders. The money we bring in is reinvested in you, our members, through better rates an
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IRS990/OtherExpenses/ManagementAndGeneral05177982
IRS990/OtherExpenses/ManagementAndGeneral12111195
IRS990/OtherExpenses/ManagementAndGeneral21683424
IRS990/OtherExpenses/ManagementAndGeneral31125933
IRS990/OtherExpenses/ManagementAndGeneral4705816
IRS990/OtherExpenses/Total05177982
IRS990/OtherExpenses/Total12111195
IRS990/OtherExpenses/Total21683424
IRS990/OtherExpenses/Total31125933
IRS990/OtherExpenses/Total4705816
IRS990/OtherLiabilities/BOY0656807829
IRS990/OtherLiabilities/EOY0665461532
IRS990/OtherNotesLoansReceivableNet/BOY0586315527
IRS990/OtherNotesLoansReceivableNet/EOY0596244790
IRS990/OtherRevenueCurrentYear01917894
IRS990/OtherRevenueMisc/BusinessCode0524298
IRS990/OtherRevenueMisc/Description0VISA FEES
IRS990/OtherRevenueMisc/Description1BOLI INCOME
IRS990/OtherRevenueMisc/Description2LIFE INSURANCE SALES
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome0713957
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome1124550
IRS990/OtherRevenueMisc/TotalRevenueColumn0713957
IRS990/OtherRevenueMisc/TotalRevenueColumn1124550
IRS990/OtherRevenueMisc/TotalRevenueColumn2141417
IRS990/OtherRevenueMisc/UnrelatedBusinessRevenue0141417
IRS990/OtherSalariesAndWages/ManagementAndGeneral09434996
IRS990/OtherSalariesAndWages/Total09434996
IRS990/PartialLiquidation0false
IRS990/PaymentsToAffiliates/Total00
IRS990/PayrollTaxes/ManagementAndGeneral0862824
IRS990/PayrollTaxes/Total0862824
IRS990/PensionPlanContributions/ManagementAndGeneral0552634
IRS990/PensionPlanContributions/Total0552634
IRS990/PoliciesReferenceChapters0true
IRS990/PoliticalActivities0false
IRS990/PrepaidExpensesDeferredCharges/BOY01051512
IRS990/PrepaidExpensesDeferredCharges/EOY01245644
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenue/BusinessCode0522100
IRS990/ProgramServiceRevenue/BusinessCode1522100
IRS990/ProgramServiceRevenueCY039022572
IRS990/ProgramServiceRevenue/Description0INTEREST INCOME LOANS
IRS990/ProgramServiceRevenue/Description1MEMBER FEES
IRS990/ProgramServiceRevenue/Description2LOAN FEES
IRS990/ProgramServiceRevenuePriorYear042329175
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome033874584
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome14572863
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome2276883
IRS990/ProgramServiceRevenue/TotalRevenueColumn033874584
IRS990/ProgramServiceRevenue/TotalRevenueColumn14812310
IRS990/ProgramServiceRevenue/TotalRevenueColumn2335678
IRS990/ProgramServiceRevenue/UnrelatedBusinessRevenue0239447
IRS990/ProgramServiceRevenue/UnrelatedBusinessRevenue158795
IRS990/ProhibitedTaxShelterTrans0false
IRS990/ReconcilationOtherChanges0-438851
IRS990/ReconcilationRevenueExpenses04383632
IRS990/RegularMonitoringEnforcement0true
IRS990/RelatedEntity0true

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3,440$3,164$276$173$166$7.25
2023Detailed filing. Detailed filing data is available for this year.$3,414$3,158$256$149$135$14.9
2022Detailed filing. Detailed filing data is available for this year.$3,157$2,918$239$114$83.9$30.4
2021Detailed filing. Detailed filing data is available for this year.$2,511$2,292$219$92.9$78.1$14.8
2020Detailed filing. Detailed filing data is available for this year.$2,385$2,181$205$101$85.4$15.9
2019Detailed filing. Detailed filing data is available for this year.$2,092$1,904$188$89.2$75.8$13.5
2018Detailed filing. Detailed filing data is available for this year.$1,878$1,706$172$79.3$64.7$14.6
2017Detailed filing. Detailed filing data is available for this year.$1,682$1,524$158$71.5$56.4$15.1
2016Detailed filing. Detailed filing data is available for this year.$1,634$1,490$143$64.4$56.1$8.32
2015Detailed filing. Detailed filing data is available for this year.$1,492$1,357$135$58.8$53.9$4.89
2014Detailed filing. Detailed filing data is available for this year.$1,365$1,235$129$56.8$52.4$4.44
2013Detailed filing. Detailed filing data is available for this year.$1,280$1,155$124$58.3$53.1$5.18
2012Summary only. Only limited summary data is available for this year.$1,127$1,008$118$57.5$47.1$10.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$958$854$104$40.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$785$693$91.7$40.4