Civic Intelligence

Greater Springfield Credit Union

990 • Fiscal year 2019 • EIN 04-1859290

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

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

18th percentile

0.84x

Higher debt load relative to assets than 18% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

93rd percentile

23.15x

Higher debt load relative to revenue than 93% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Net Margin

99th percentile

41%

Higher net margin than 99% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

7th percentile

$123,152

Higher top officer pay than 7% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Asset Growth

87th percentile

9.9%

Faster asset growth than 87% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

46th percentile

7.8%

Faster revenue growth than 46% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$180,047,432

Up $16,214,337 (+9.9%) from 2018

Net Assets

Up

$28,627,546

Up $3,804,875 (+15%) from 2018

Liabilities

Up

$151,419,886

Up $12,409,462 (+8.9%) from 2018

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin99th percentile

Revenue

Up

$6,540,991

Up $470,638 (+7.8%) from 2018

Expenses

Up

$3,890,948

Up $623,811 (+19%) from 2018

Net Income

Down

$2,650,043

Down $153,173 (-5.5%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth87th 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

2019

Assets$180,047,432
Liabilities$151,419,886
Net Assets$28,627,546
Open 2019 Filing

Operations Trend

Revenue Growth46th 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

2019

Revenue$6,540,991
Expenses$3,890,948
Net Income$2,650,043
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$6,576,940
Mission and Program Overview

Mission

Credit union - thrift services

To provide services for its members in which they can conduct their financial business and to offer fair rates for savings, loans and other services as they become available.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$85,686,504$88,578,653▲ $2,892,149
Savings and Temporary Cash Investments$41,452,886$47,226,744▲ $5,773,858
Investments in Publicly Traded Securities$32,594,309$40,136,407▲ $7,542,098
Rtn Earn Endowment Incm Other Fnds$24,822,671$28,627,546▲ $3,804,875
Land, Buildings, and Equipment, Net$1,257,321$1,227,914▼ $29,407
Cash and Non-Interest-Bearing Accounts$1,023,739$1,034,670▲ $10,931
Prepaid Expenses and Deferred Charges$34,050$58,204▲ $24,154
Investments Other Securities-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$163,833,095$180,047,432▲ $16,214,337
Other Assets Total$1,784,286$1,784,840▲ $554
Liabilities
Other Liabilities$138,021,436$150,445,892▲ $12,424,456
Accounts Payable and Accrued Expenses$988,988$973,994▼ $14,994
Total Liabilities$139,010,424$151,419,886▲ $12,409,462
Net Assets / Fund Balance
Total Net Assets Fund Balance$24,822,671$28,627,546▲ $3,804,875
Total Liabilities and Net Assets / Fund Balance$163,833,095$180,047,432▲ $16,214,337

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$925,652$698,126$1,623,778
Other Land Buildings$26,948$418,406$445,354
Leasehold Improvements$209,884$182,440$392,324
Equipment$14,830$155,825$170,655
Land$50,600-$50,600
Compensation and Service Providers
Top Officer Pay7th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer St PeterCEOFT$123,152$123,152

Board Members and Trustees

NameTitle
Thomas GardinerChairperson
Thomas SullivanVice Chairperson
Cheryl ClapproodDirector
David CleavallDirector
David a WellsDirector
John TuregeonDirector
Julia LavoieDirector
Kenneth GustafsonDirector
Melinda PhelpsDirector
Gary RookeSecretary
Cornelius SullivanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,728,094
Investment Income
$1,760,492
Other Revenue
$52,405
Change in Net Assets
$2,650,043
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,608,501
Salaries, Compensation, and Employee Benefits$1,267,646
Grants and Similar Amounts Paid$14,801
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$1,364,587
Other Salaries and Wages---$846,228
Office Expenses---$224,908
Conferences and Meetings---$187,019
Other Employee Benefits---$144,081
Current Officers, Directors, Trustees, and Key Employees---$123,152
Occupancy---$117,721
Pension Plan Contributions---$80,000
Information Technology---$74,744
Payroll Taxes---$74,185
Advertising---$42,705
Fees for Services Legal---$40,945
Depreciation Depletion---$38,033
Insurance---$33,286
Fees for Services Accounting---$28,440
Other Expenses---$21,201
Grants to Domestic Individuals---$14,801
All Other Expenses---$12,783
Total Functional Expenses$0$0$0$3,890,948
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposit Accounts$150,445,892
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 35% controlled entity
No
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, Part VI, Section A, Line 6

“Classes of members or stockholders - 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, Section A, Line 7A

“Election of members and their rights - each member has a vote at the election of the board of directors.”

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

“Decisions subject to approval of members - any changes to the incorporating documents, i.e. Bylaws are approved by the membership.”

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

“Organization's process to review from 990 - the ceo reviews prior to being filed. A copy is given to the audit committee and board of directors subsequent to filing.”

Form 990, Part VI, Section B, Line 12C

“Enforcement of conflicts policy directors and employees must read and sign annually.”

Form 990, Part VI, Section B, Line 15

“Compensation process for officers' compensation is based on industry data, competition, etc. And approval by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Governing documents disclosure explanation 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
2020-11-16
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
28
Volunteers
11

Preparer

Firm
Whittlesey Pc
Address
280 TRUMBULL ST 24TH FL, HARTFORD, CT 06103
Preparer
Kimberly Napp
Phone
8605223111
Raw XML AppendixShowing 400 of 408 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/BOYAmt0988988
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0973994
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE SERVICES FOR ITS MEMBERS IN WHICH THEY CAN CONDUCT THEIR FINANCIAL BUSINESS AND TO OFFER FAIR RATES FOR SAVINGS, LOANS AND OTHER SERVICES AS THEY BECOME AVAILABLE.
IRS990/AdvertisingGrp/TotalAmt042705
IRS990/AllOtherExpensesGrp/TotalAmt012783
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JENNIFER ST PETER
IRS990/BooksInCareOfDetail/PhoneNum04137823161
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01030 WILBRAHAM ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPRINGFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0011092023
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt01023739
IRS990/CashNonInterestBearingGrp/EOYAmt01034670
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0123152
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt0187019
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt014801
IRS990/CYInvestmentIncomeAmt01760492
IRS990/CYOtherExpensesAmt02608501
IRS990/CYOtherRevenueAmt052405
IRS990/CYProgramServiceRevenueAmt04728094
IRS990/CYRevenuesLessExpensesAmt02650043
IRS990/CYSalariesCompEmpBnftPaidAmt01267646
IRS990/CYTotalExpensesAmt03890948
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06540991
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt038033
IRS990/Desc0NOT REQUIRED.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt028
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt028440
IRS990/FeesForServicesLegalGrp/TotalAmt040945
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt28.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt49.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/PersonNm0KENNETH GUSTAFSON
IRS990/Form990PartVIISectionAGrp/PersonNm1THOMAS GARDINER
IRS990/Form990PartVIISectionAGrp/PersonNm2CORNELIUS SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm3GARY ROOKE
IRS990/Form990PartVIISectionAGrp/PersonNm4JULIA LAVOIE
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID CLEAVALL
IRS990/Form990PartVIISectionAGrp/PersonNm6THOMAS SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID A WELLS
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN TUREGEON
IRS990/Form990PartVIISectionAGrp/PersonNm9CHERYL CLAPPROOD
IRS990/Form990PartVIISectionAGrp/PersonNm10MELINDA PHELPS
IRS990/Form990PartVIISectionAGrp/PersonNm11JENNIFER ST PETER
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/ReportableCompFromOrgAmt11123152
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/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01927
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt014801
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06576940
IRS990/GrossRentsGrp/RealAmt045500
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt074744
IRS990/InsuranceGrp/TotalAmt033286
IRS990/InterestGrp/TotalAmt01364587
IRS990/InvestmentIncomeGrp/ExclusionAmt01760492
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01760492
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt032594309
IRS990/InvestmentsPubTradedSecGrp/EOYAmt040136407
IRS990/IRPDocumentCnt04035
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01454797
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01257321
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01227914
IRS990/LandBldgEquipCostOrOtherBssAmt02682711
IRS990/LegalDomicileStateCd0MA
IRS990/LessRentalExpensesGrp/RealAmt035949
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE A FRIENDLY ATMOSPHERE FOR ITS MEMBERS IN WHICH THEY CAN CONDUCT THEIR FINANCIAL BUSINESS AND TO OFFER FAIR RATES FOR SAVINGS, LOANS AND OTHER SERVICES AS THEY BECOME AVAILABLE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt024822671
IRS990/NetAssetsOrFundBalancesEOYAmt028627546
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt09551
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt09551
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01154832
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0117721
IRS990/OfficeExpensesGrp/TotalAmt0224908
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01784286
IRS990/OtherAssetsTotalGrp/EOYAmt01784840
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0144081
IRS990/OtherExpensesGrp/Desc0ATM NETWORK CHARGES
IRS990/OtherExpensesGrp/Desc1SERVICE CONTRACTS
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3NCUA ASSESSMENT
IRS990/OtherExpensesGrp/TotalAmt0236366
IRS990/OtherExpensesGrp/TotalAmt1136813
IRS990/OtherExpensesGrp/TotalAmt248950
IRS990/OtherExpensesGrp/TotalAmt321201
IRS990/OtherLiabilitiesGrp/BOYAmt0138021436
IRS990/OtherLiabilitiesGrp/EOYAmt0150445892
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt042854
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt042854
IRS990/OtherRevenueTotalAmt042854
IRS990/OtherSalariesAndWagesGrp/TotalAmt0846228
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt085686504
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt088578653
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt074185
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt080000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034050
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt058204
IRS990/PrincipalOfficerNm0JENNIFER ST PETER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME
IRS990/ProgramServiceRevenueGrp/Desc1MEMBER SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03470274
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11220848
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03470274
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11257820
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt036972
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt06000
IRS990/PYInvestmentIncomeAmt01584482
IRS990/PYOtherExpensesAmt02074950
IRS990/PYOtherRevenueAmt01270262
IRS990/PYProgramServiceRevenueAmt03215609
IRS990/PYRevenuesLessExpensesAmt02803216
IRS990/PYSalariesCompEmpBnftPaidAmt01186187
IRS990/PYTotalExpensesAmt03267137
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06070353
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02650043
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt09551
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt024822671
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt028627546
IRS990/SavingsAndTempCashInvstGrp/BOYAmt041452886
IRS990/SavingsAndTempCashInvstGrp/EOYAmt047226744
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0925652
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0698126
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01623778
IRS990ScheduleD/EquipmentGrp/BookValueAmt014830
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0155825
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0170655
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/LandGrp/BookValueAmt050600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050600
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0209884
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0182440
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0392324
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026948
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0418406
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0445354
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0150445892
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSIT ACCOUNTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01227914
IRS990ScheduleD/TotalLiabilityAmt0150445892
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt014801
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASSES OF MEMBERS OR STOCKHOLDERS - PERSONS WHO MEET THE REQUIREMENTS OF THE ORGANIZATION'S FIELD OF MEMBERSHIP WHO HOLD AT LEAST ONE SHARE OF THE CAPITAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTION OF MEMBERS AND THEIR RIGHTS - EACH MEMBER HAS A VOTE AT THE ELECTION OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS SUBJECT TO APPROVAL OF MEMBERS - ANY CHANGES TO THE INCORPORATING DOCUMENTS, I.E. BYLAWS ARE APPROVED BY THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION'S PROCESS TO REVIEW FROM 990 - THE CEO REVIEWS PRIOR TO BEING FILED. A COPY IS GIVEN TO THE AUDIT COMMITTEE AND BOARD OF DIRECTORS SUBSEQUENT TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ENFORCEMENT OF CONFLICTS POLICY DIRECTORS AND EMPLOYEES MUST READ AND SIGN ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION PROCESS FOR OFFICERS' COMPENSATION IS BASED ON INDUSTRY DATA, COMPETITION, ETC. AND APPROVAL BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS DISCLOSURE EXPLANATION INFORMATION IS POSTED IN THE CREDIT UNION'S LOBBY AND AVAILABLE UPON REQUEST.
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0163833095
IRS990/TotalAssetsEOYAmt0180047432
IRS990/TotalAssetsGrp/BOYAmt0163833095
IRS990/TotalAssetsGrp/EOYAmt0180047432
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/TotalAmt03890948
IRS990/TotalGrossUBIAmt036972
IRS990/TotalLiabilitiesBOYAmt0139010424
IRS990/TotalLiabilitiesEOYAmt0151419886
IRS990/TotalLiabilitiesGrp/BOYAmt0139010424
IRS990/TotalLiabilitiesGrp/EOYAmt0151419886
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt024822671
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt028627546
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt04728094
IRS990/TotalReportableCompFromOrgAmt0123152
IRS990/TotalRevenueGrp/ExclusionAmt01803346
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04700673
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06540991
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt036972
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0163833095
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0180047432
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01030 WILBRAHAM ROAD
IRS990/USAddress/CityNm0SPRINGFIELD
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd0011092023
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.GRSCU.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER ST PETER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04137823161
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREATER SPRINGFIELD CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0041859290
ReturnHeader/Filer/PhoneNum04137823161
ReturnHeader/Filer/USAddress/AddressLine1Txt01030 WILBRAHAM ROAD
ReturnHeader/Filer/USAddress/CityNm0SPRINGFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0011092023
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01298086DC4CC27768D2ED014538A84C18D7F6662
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01298086DC4CC27768D2ED014538A84C18D7F6662
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.166.67.13
ReturnHeader/FilingSecurityInformation/IPDt02020-11-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm014:31:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0060903326
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHITTLESEY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0280 TRUMBULL ST 24TH FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HARTFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$180,047,432
Liabilities
$151,419,886
Net assets
$28,627,546
Revenue
$6,540,991
Expenses
$3,890,948
Net income
$2,650,043
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