Civic Intelligence

Greater Springfield Credit Union

990 • Fiscal year 2018 • EIN 04-1859290

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

Organization ProfileWWW.GRSCU.ORG

View Organization Page

1030 Wilbraham RoadSpringfield, MA 01109-2023

(413) 782-3161

Siviq Scores

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

Liabilities / Assets

19th percentile

0.85x

Higher debt load relative to assets than 19% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2018

Liabilities / Revenue

90th percentile

22.90x

Higher debt load relative to revenue than 90% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2018

Net Margin

99th percentile

46%

Higher net margin than 99% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2018

Top Officer Pay

8th percentile

$127,293

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2018

Asset Growth

13th percentile

-1.0%

Faster asset growth than 13% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Revenue Growth

24th percentile

6.1%

Faster revenue growth than 24% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets19th percentile

Assets

Down

$163,833,095

Down $1,684,217 (-1.0%) from 2017

Net Assets

Up

$24,822,671

Up $2,222,782 (+9.8%) from 2017

Liabilities

Down

$139,010,424

Down $3,906,999 (-2.7%) from 2017

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin99th percentile

Revenue

Up

$6,070,353

Up $350,883 (+6.1%) from 2017

Expenses

Up

$3,267,137

Up $20,802 (+0.6%) from 2017

Net Income

Up

$2,803,216

Up $330,081 (+13%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$300M$200M$100M$0Assets 2010: $128,996,250Liabilities 2010: $117,454,035Net Assets 2010: $11,542,2152010Assets 2011: $129,927,634Liabilities 2011: $117,104,707Net Assets 2011: $12,822,9272011Assets 2012: $133,692,965Liabilities 2012: $119,867,245Net Assets 2012: $13,825,7202012Assets 2013: $139,445,327Liabilities 2013: $124,914,972Net Assets 2013: $14,530,3552013Assets 2014: $141,231,475Liabilities 2014: $124,463,770Net Assets 2014: $16,767,7052014Assets 2015: $145,585,334Liabilities 2015: $127,181,207Net Assets 2015: $18,404,1272015Assets 2016: $159,401,475Liabilities 2016: $139,303,613Net Assets 2016: $20,097,8622016Assets 2017: $165,517,312Liabilities 2017: $142,917,423Net Assets 2017: $22,599,8892017Assets 2018: $163,833,095Liabilities 2018: $139,010,424Net Assets 2018: $24,822,6712018Assets 2019: $180,047,432Liabilities 2019: $151,419,886Net Assets 2019: $28,627,5462019Assets 2020: $221,372,665Liabilities 2020: $189,649,256Net Assets 2020: $31,723,4092020Assets 2021: $256,133,035Liabilities 2021: $223,641,731Net Assets 2021: $32,491,3042021Assets 2022: $247,239,099Liabilities 2022: $218,282,206Net Assets 2022: $28,956,8932022Assets 2023: $232,247,256Liabilities 2023: $199,548,943Net Assets 2023: $32,698,3132023Assets 2024: $233,310,109Liabilities 2024: $197,942,639Net Assets 2024: $35,367,4702024

Highlighted filing

2018

Assets$163,833,095
Liabilities$139,010,424
Net Assets$24,822,671
Open 2018 Filing

Operations Trend

Revenue Growth24th percentile

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

$10M$5.0M$0Expenses 2010: $4,544,4612010Expenses 2011: $4,040,5872011Expenses 2012: $3,683,0572012Revenue 2013: $4,725,228Expenses 2013: $3,292,008Net Income 2013: $1,433,2202013Revenue 2014: $4,822,625Expenses 2014: $3,129,892Net Income 2014: $1,692,7332014Revenue 2015: $4,988,692Expenses 2015: $3,190,804Net Income 2015: $1,797,8882015Revenue 2016: $5,354,135Expenses 2016: $3,139,702Net Income 2016: $2,214,4332016Revenue 2017: $5,719,470Expenses 2017: $3,246,335Net Income 2017: $2,473,1352017Revenue 2018: $6,070,353Expenses 2018: $3,267,137Net Income 2018: $2,803,2162018Revenue 2019: $6,540,991Expenses 2019: $3,890,948Net Income 2019: $2,650,0432019Revenue 2020: $6,721,495Expenses 2020: $4,365,447Net Income 2020: $2,356,0482020Revenue 2021: $6,141,527Expenses 2021: $4,285,356Net Income 2021: $1,856,1712021Revenue 2022: $6,756,923Expenses 2022: $4,436,311Net Income 2022: $2,320,6122022Revenue 2023: $8,065,826Expenses 2023: $5,553,694Net Income 2023: $2,512,1322023Revenue 2024: $9,614,722Expenses 2024: $7,155,310Net Income 2024: $2,459,4122024

Highlighted filing

2018

Revenue$6,070,353
Expenses$3,267,137
Net Income$2,803,216
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$6,578,695
Mission and Program Overview

Mission

Credit union - thrift services

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$81,153,968$84,145,766▲ $2,991,798
Savings and Temporary Cash Investments$43,557,650$41,452,886▼ $2,104,764
Investments in Publicly Traded Securities$34,729,259$32,240,009▼ $2,489,250
Rtn Earn Endowment Incm Other Fnds$22,599,889$24,822,671▲ $2,222,782
Receivables From Officers Etc$1,903,617$1,540,738▼ $362,879
Land, Buildings, and Equipment, Net$1,316,064$1,257,321▼ $58,743
Cash and Non-Interest-Bearing Accounts$754,020$1,023,739▲ $269,719
Investments Other Securities$266,500$354,300▲ $87,800
Prepaid Expenses and Deferred Charges$49,669$34,050▼ $15,619
Total Assets$165,517,312$163,833,095▼ $1,684,217
Other Assets Total$1,786,565$1,784,286▼ $2,279
Liabilities
Other Liabilities$142,028,580$138,021,436▼ $4,007,144
Escrow Account Liability$519,750$523,447▲ $3,697
Accounts Payable and Accrued Expenses$369,093$465,541▲ $96,448
Total Liabilities$142,917,423$139,010,424▼ $3,906,999
Net Assets / Fund Balance
Total Net Assets Fund Balance$22,599,889$24,822,671▲ $2,222,782
Total Liabilities and Net Assets / Fund Balance$165,517,312$163,833,095▼ $1,684,217

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$964,453$659,326$1,623,779
Leasehold Improvements$226,295$184,560$410,855
Other Land Buildings$13,941$393,128$407,069
Equipment$2,032$152,897$154,929
Land$50,600-$50,600
Compensation and Service Providers
Top Officer Pay8th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer St PeterCEOFT$114,890$12,403$127,293
Diane UlitschCFOFT$61,766$13,480$75,246

Board Members and Trustees

NameTitle
Kenneth GustafsonChairperson
Thomas GardinerVice Chairpe
Cheryl ClapproodDirector
David CleavallDirector
David a WellsDirector
John TurgeonDirector
Julia LavoieDirector
Mielinda PhelpsDirector
Thomas SullivanDirector
Gary RookeClerk
Cornelius SullivanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Share OneCore Dp2650 THOUSND OAKS BLVD SUITE 1120, 800 NICOLLETT MALL, Memphis, TN 38101$140,392
Elan Financial ServicesDebit Cards800 NICOLLET MALL, Minneapolis, MN 55402$124,515
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,215,609
Investment Income
$1,584,482
Other Revenue
$1,270,262
Change in Net Assets
$2,803,216

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,070,353
Total Revenue per Audited Statements
$6,070,353
Total Revenue per Form 990
$6,070,353
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,074,950
Salaries, Compensation, and Employee Benefits$1,186,187
Grants and Similar Amounts Paid$6,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$989,074
Other Salaries and Wages---$716,441
Information Technology---$207,511
Current Officers, Directors, Trustees, and Key Employees---$202,542
Office Expenses---$136,625
Occupancy---$121,107
Other Employee Benefits---$114,432
All Other Expenses---$87,951
Pension Plan Contributions---$78,934
Payroll Taxes---$73,838
Other Expenses---$55,844
Fees for Services Accounting---$49,271
Depreciation Depletion---$43,254
Insurance---$26,834
Conferences and Meetings---$17,362
Advertising---$15,589
Grants to Domestic Individuals---$6,000
Travel---$1,555
Total Functional Expenses$0$0$0$3,267,137

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,267,137
Total Expenses per Audited Statements$3,267,137
Total Expenses per Form 990$3,267,137
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$1,903,617$1,540,738▼ $362,879
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposit Accounts$137,699,317
Other Liabilities$322,119
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

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

Form 990, Page 6, Part VI, Line 7A

“Eah member has a vote at the election of the board of directors.”

Form 990, Page 6, Part VI, Line 7B

“Any changes to the incorporating documents, i.e. Bylaws are approved by the membership”

Form 990, Page 6, Part VI, Line 11B

“The ceo and cfo review prior to being filed. A copy is given to the audit committee and board of directors subsequent to filing.”

Form 990, Page 6, Part VI, Line 12C

“Directors and employees must read and sign annually.”

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

“Compensation is based on industry data, competition, etc. And approval by the board of directors.”

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

“Compensation is based on industry data, competition, etc. And approval by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“Information is posted in the credit union's lobby and available upon request.”

Filing and Contact Details

Filer

Filer Name
Greater Springfield Credit Union
EIN
04-1859290
Phone
4137823161
Address
1030 WILBRAHAM ROAD, SPRINGFIELD, MA 01109-2023

Signing Officer

Name
Jennifer St Peter
Title
CEO
Phone
4137823161
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer St Peter
Formed
1927
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
11
Employees
27
Volunteers
11

Preparer

Firm
Garvey Steele & Company Llp
Address
PO BOX 397, MYSTIC, CT 06355-0397
Preparer
Richard B Steele CPA
Phone
8605369831
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“Mortgage escrow accounts held for the payment of real estate taxes for municipalities.”

Raw XML AppendixShowing 400 of 460 raw XML fields

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

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IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0207511
IRS990/InsuranceGrp/TotalAmt026834
IRS990/InterestGrp/TotalAmt0989074
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01586292
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01586292
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0266500
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0354300
IRS990/InvestmentsPubTradedSecGrp/BOYAmt034729259
IRS990/InvestmentsPubTradedSecGrp/EOYAmt032240009
IRS990/IRPDocumentCnt04682
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01389911
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01316064
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01257321
IRS990/LandBldgEquipCostOrOtherBssAmt02647232
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0471700
IRS990/LessRentalExpensesGrp/RealAmt036642
IRS990/LoanOutstandingInd0true
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt016409
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt034206
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt017797
IRS990/MissionDesc0CREDIT UNION - THRIFT SERVICES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt022599889
IRS990/NetAssetsOrFundBalancesEOYAmt024822671
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1810
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1810
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt07158
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt07158
IRS990/NetUnrlzdGainsLossesInvstAmt0-580434
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0121107
IRS990/OfficeExpensesGrp/TotalAmt0136625
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01786565
IRS990/OtherAssetsTotalGrp/EOYAmt01784286
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0114432
IRS990/OtherExpensesGrp/Desc0ATM/DEBIT CARD
IRS990/OtherExpensesGrp/Desc1SERVICE CONTRACTS
IRS990/OtherExpensesGrp/Desc2PROVISION
IRS990/OtherExpensesGrp/Desc3LOAN SERVICING
IRS990/OtherExpensesGrp/TotalAmt0206740
IRS990/OtherExpensesGrp/TotalAmt159633
IRS990/OtherExpensesGrp/TotalAmt256600
IRS990/OtherExpensesGrp/TotalAmt355844
IRS990/OtherLiabilitiesGrp/BOYAmt0142028580
IRS990/OtherLiabilitiesGrp/EOYAmt0138021436
IRS990/OtherRevenueMiscGrp/Desc0FEE AND SERVICE CHARGES
IRS990/OtherRevenueMiscGrp/Desc1ATM FEE INCOME
IRS990/OtherRevenueMiscGrp/Desc2OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0834266
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1292661
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2101971
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0834266
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1292661
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2101971
IRS990/OtherRevenueTotalAmt01263104
IRS990/OtherSalariesAndWagesGrp/TotalAmt0716441
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt081153968
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt084145766
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt073838
IRS990/PensionPlanContributionsGrp/TotalAmt078934
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt049669
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt034050
IRS990/PrincipalOfficerNm0JENNIFER ST PETER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03215609
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03215609
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt04000
IRS990/PYInvestmentIncomeAmt01487711
IRS990/PYOtherExpensesAmt02045872
IRS990/PYOtherRevenueAmt01215745
IRS990/PYProgramServiceRevenueAmt03016014
IRS990/PYRevenuesLessExpensesAmt02473135
IRS990/PYSalariesCompEmpBnftPaidAmt01196463
IRS990/PYTotalExpensesAmt03246335
IRS990/PYTotalRevenueAmt05719470
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt01903617
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt01540738
IRS990/ReconcilationRevenueExpnssAmt02803216
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt07158
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt022599889
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt024822671
IRS990/SavingsAndTempCashInvstGrp/BOYAmt043557650
IRS990/SavingsAndTempCashInvstGrp/EOYAmt041452886
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0964453
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0659326
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01623779
IRS990ScheduleD/EquipmentGrp/BookValueAmt02032
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0152897
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0154929
IRS990ScheduleD/ExpensesSubtotalAmt03267137
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt050600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050600
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0226295
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0184560
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0410855
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013941
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0393128
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0407069
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0137699317
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1322119
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSIT ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILITIES
IRS990ScheduleD/RevenueSubtotalAmt06070353
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MORTGAGE ESCROW ACCOUNTS HELD FOR THE PAYMENT OF REAL ESTATE TAXES FOR MUNICIPALITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01257321
IRS990ScheduleD/TotalExpensesPerForm990Amt03267137
IRS990ScheduleD/TotalLiabilityAmt0138021436
IRS990ScheduleD/TotalRevenuePerForm990Amt06070353
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06070353
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03267137
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01540738
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0VARIOUS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt02459252
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0DIRECTORS AND OFFICERS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTORS & OFFICERS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt01540738
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/ExplanationTxt1EAH MEMBER HAS A VOTE AT THE ELECTION OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY CHANGES TO THE INCORPORATING DOCUMENTS, I.E. BYLAWS ARE APPROVED BY THE MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CEO AND CFO REVIEW PRIOR TO BEING FILED. A COPY IS GIVEN TO THE AUDIT COMMITTEE AND BOARD OF DIRECTORS SUBSEQUENT TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DIRECTORS AND EMPLOYEES MUST READ AND SIGN ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION IS BASED ON INDUSTRY DATA, COMPETITION, ETC. AND APPROVAL BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION IS BASED ON INDUSTRY DATA, COMPETITION, ETC. AND APPROVAL BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7INFORMATION IS POSTED IN THE CREDIT UNION'S LOBBY AND AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0165517312
IRS990/TotalAssetsEOYAmt0163833095
IRS990/TotalAssetsGrp/BOYAmt0165517312
IRS990/TotalAssetsGrp/EOYAmt0163833095
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt03267137
IRS990/TotalGrossUBIAmt017797
IRS990/TotalLiabilitiesBOYAmt0142917423
IRS990/TotalLiabilitiesEOYAmt0139010424

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$163,833,095
Liabilities
$139,010,424
Net assets
$24,822,671
Revenue
$6,070,353
Expenses
$3,267,137
Net income
$2,803,216
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$233$198$35.4$9.61$7.16$2.46
2023Detailed filing. Detailed filing data is available for this year.$232$200$32.7$8.07$5.55$2.51
2022Detailed filing. Detailed filing data is available for this year.$247$218$29.0$6.76$4.44$2.32
2021Detailed filing. Detailed filing data is available for this year.$256$224$32.5$6.14$4.29$1.86
2020Detailed filing. Detailed filing data is available for this year.$221$190$31.7$6.72$4.37$2.36
2019Detailed filing. Detailed filing data is available for this year.$180$151$28.6$6.54$3.89$2.65
2018Detailed filing. Detailed filing data is available for this year.$164$139$24.8$6.07$3.27$2.80
2017Detailed filing. Detailed filing data is available for this year.$166$143$22.6$5.72$3.25$2.47
2016Detailed filing. Detailed filing data is available for this year.$159$139$20.1$5.35$3.14$2.21
2015Detailed filing. Detailed filing data is available for this year.$146$127$18.4$4.99$3.19$1.80
2014Detailed filing. Detailed filing data is available for this year.$141$124$16.8$4.82$3.13$1.69
2013Detailed filing. Detailed filing data is available for this year.$139$125$14.5$4.73$3.29$1.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$134$120$13.8$3.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$130$117$12.8$4.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$129$117$11.5$4.54