Civic Intelligence

Worcester Fire Dept Credit Union

990 • Fiscal year 2016 • EIN 04-1989205

Jan 01, 2016 to Dec 31, 2016 • Filed on May 02, 2017

Organization Profilewww.wfdcu.org

View Organization Page

34 Glennie StreetWorcester, MA 01605

(508) 752-1122

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.86x

Higher debt load relative to assets than 32% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

33.79x

Higher debt load relative to revenue than 96% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2016

Net Margin

31st percentile

3.9%

Higher net margin than 31% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$95,930

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2016

Asset Growth

17th percentile

-0.4%

Faster asset growth than 17% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

19th percentile

-1.3%

Faster revenue growth than 19% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Down

$38,702,271

Down $143,532 (-0.4%) from 2015

Net Assets

Up

$5,468,621

Up $38,441 (+0.7%) from 2015

Liabilities

Down

$33,233,650

Down $181,973 (-0.5%) from 2015

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin31st percentile

Revenue

Down

$983,503

Down $12,680 (-1.3%) from 2015

Expenses

Down

$945,062

Down $105,085 (-10%) from 2015

Net Income

Up

$38,441

Up $92,405 (+171%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

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

$60M$40M$20M$0Assets 2010: $32,331,015Liabilities 2010: $27,200,918Net Assets 2010: $5,130,0972010Assets 2011: $35,661,896Liabilities 2011: $30,397,286Net Assets 2011: $5,264,6102011Assets 2012: $38,371,720Liabilities 2012: $32,986,487Net Assets 2012: $5,385,2332012Assets 2013: $39,317,924Liabilities 2013: $33,876,446Net Assets 2013: $5,441,4782013Assets 2014: $38,472,081Liabilities 2014: $32,987,937Net Assets 2014: $5,484,1442014Assets 2015: $38,845,803Liabilities 2015: $33,415,623Net Assets 2015: $5,430,1802015Assets 2016: $38,702,271Liabilities 2016: $33,233,650Net Assets 2016: $5,468,6212016Assets 2017: $39,514,202Liabilities 2017: $33,998,474Net Assets 2017: $5,515,7282017Assets 2018: $39,711,296Liabilities 2018: $34,155,711Net Assets 2018: $5,555,5852018Assets 2019: $40,003,126Liabilities 2019: $34,432,595Net Assets 2019: $5,570,5312019Assets 2020: $46,348,193Liabilities 2020: $40,764,968Net Assets 2020: $5,583,2252020Assets 2021: $50,213,280Liabilities 2021: $44,579,447Net Assets 2021: $5,633,8332021Assets 2022: $51,655,973Liabilities 2022: $45,953,769Net Assets 2022: $5,702,2042022Assets 2023: $45,647,147Liabilities 2023: $39,887,570Net Assets 2023: $5,759,5772023Assets 2024: $44,946,785Liabilities 2024: $39,157,554Net Assets 2024: $5,789,2312024

Highlighted filing

2016

Assets$38,702,271
Liabilities$33,233,650
Net Assets$5,468,621
Open 2016 Filing

Operations Trend

Revenue Growth19th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,234,4392010Revenue 2011: $1,439,021Expenses 2011: $1,304,508Net Income 2011: $134,5132011Expenses 2012: $1,235,2932012Revenue 2013: $1,197,205Expenses 2013: $1,140,960Net Income 2013: $56,2452013Revenue 2014: $1,105,899Expenses 2014: $1,063,233Net Income 2014: $42,6662014Revenue 2015: $996,183Expenses 2015: $1,050,147Net Income 2015: -$53,9642015Revenue 2016: $983,503Expenses 2016: $945,062Net Income 2016: $38,4412016Revenue 2017: $1,004,243Expenses 2017: $956,752Net Income 2017: $47,4912017Revenue 2018: $1,101,927Expenses 2018: $1,062,070Net Income 2018: $39,8572018Revenue 2019: $1,101,461Expenses 2019: $1,086,515Net Income 2019: $14,9462019Revenue 2020: $1,027,164Expenses 2020: $1,014,470Net Income 2020: $12,6942020Revenue 2021: $946,881Expenses 2021: $896,273Net Income 2021: $50,6082021Revenue 2022: $974,928Expenses 2022: $906,557Net Income 2022: $68,3712022Revenue 2023: $1,124,089Expenses 2023: $1,066,716Net Income 2023: $57,3732023Revenue 2024: $1,236,248Expenses 2024: $1,206,594Net Income 2024: $29,6542024

Highlighted filing

2016

Revenue$983,503
Expenses$945,062
Net Income$38,441
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 2, 2017
Return Version
2016v3.0
Gross Receipts
$983,503
Mission and Program Overview

Mission

To encourage thrift among its members by the accumulation of their savings and loaning of such savings to its members for provident purposes.

To ensure thrift among its members by the accumulation of their savings and loaning of such savings to its members for provident purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$26,125,746$26,316,541▲ $190,795
Other Notes and Loans Receivable, Net$9,790,701$8,816,567▼ $974,134
Rtn Earn Endowment Incm Other Fnds$5,430,180$5,468,621▲ $38,441
Savings and Temporary Cash Investments$1,376,847$2,132,907▲ $756,060
Land, Buildings, and Equipment, Net$744,788$722,685▼ $22,103
Cash and Non-Interest-Bearing Accounts$363,358$259,486▼ $103,872
Prepaid Expenses and Deferred Charges$32,021$32,939▲ $918
Accounts Receivable$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$38,845,803$38,702,271▼ $143,532
Other Assets Total$412,342$421,146▲ $8,804
Liabilities
Other Liabilities$33,391,959$33,219,522▼ $172,437
Accounts Payable and Accrued Expenses$23,664$14,128▼ $9,536
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$33,415,623$33,233,650▼ $181,973
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,430,180$5,468,621▲ $38,441
Total Liabilities and Net Assets / Fund Balance$38,845,803$38,702,271▼ $143,532

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$545,688$248,762$0
Other Land Buildings$0$0$0
Land$155,000-$0
Equipment$21,997$177,841$0
Leasehold Improvements$0$0$0
Closely Held Equity Interests$0--
Financial Derivatives$26,316,541--
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lisa CarmodyManagerFT$95,930$95,930
Jennifer RocheAssistant ManagerFT$66,019$66,019
Gerard DioTreasurerPT$37,205$37,205
Daniel SpencerDirectorPT$11,480$11,480
Thomas DwyerDirector-janitor-$8,730$8,730

Board Members and Trustees

NameTitle
Briean TangneyPresident
Douglas Armeyvice president
Arthur DavisonDirector
Brian FoleyDirector
Eugene CourtneyDirector
Matthew CoakleyDirector
Michael CoakleyDirector
Paul BrosnihanDirector
Robert JohnsonDirector
Robert McCannDirector
Stephen JohnsonDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Fiservcomputer software company4450 SW Macadam Avenue, Portland, OR 97239$119,751
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$573,860
Investment Income
$409,643
Other Revenue
$0
Change in Net Assets
$38,441
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$401,854
Salaries, Compensation, and Employee Benefits$397,844
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$219,364$0$0$219,364
Benefits to Members$145,364--$145,364
Information Technology$135,133$0$0$135,133
Other Salaries and Wages$90,371$0$0$90,371
Office Expenses$65,198$0$0$65,198
Occupancy$63,506$0$0$63,506
Other Employee Benefits$41,441$0$0$41,441
All Other Expenses$39,154$0$0$39,154
Conferences and Meetings$33,797$0$0$33,797
Payroll Taxes$26,127$0$0$26,127
Depreciation Depletion$25,221$0$0$25,221
Pension Plan Contributions$20,541$0$0$20,541
Insurance$19,650$0$0$19,650
Payments to Affiliates$16,786$0$0$16,786
Advertising$3,287$0$0$3,287
Interest$122$0$0$122
Total Functional Expenses$945,062$0$0$945,062
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
members saving and certificate of deposit accounts$33,219,522
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
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

“the credit union is owned by its members every member who has a 25 dollar share is an owner”

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

“all members vote at the annual meeting which has five members running for three year terms”

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

“at the annual meeting decisions are voted upon by the whole membership an example would be the by laws of the organization which any change has to be approved by the membership.”

Form 990, Part VI, Section A, Line 8B

“committee reports are read at the monthly meeting and the board votes on any committee recommendations.”

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

“the 990 will be reviewed at the next board meeting on May 30, 2017”

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

“the subject is discussed at the monthly meeting and if there is a conflict of interest the director is asked to leave the meeting and it is noted in the monthly minutes.”

Form 990, Part VI, Section C, Line 19

“the monthly balance sheet and income statement is posted in the lobby of the credit union and the policies are in the policy book which is located on the seconded floor of the credit union office”

Filing and Contact Details

Filer

Filer Name
Worcester Fire Dept Credit Union
EIN
04-1989205
Phone
5087521122
Address
34 Glennie Street, Worcester, MA 01605

Signing Officer

Name
Gerard Dio
Title
Treasurer
Phone
5087521122
Signed
2017-05-02

Organization Details

Formed
1937
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
12
Raw XML AppendixShowing 400 of 576 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/Form990PartVIISectionAGrp/PersonNm3Douglas Armey
IRS990/Form990PartVIISectionAGrp/PersonNm4Brian Foley
IRS990/Form990PartVIISectionAGrp/PersonNm5Michael Coakley
IRS990/Form990PartVIISectionAGrp/PersonNm6Arthur Davison
IRS990/Form990PartVIISectionAGrp/PersonNm7Robert Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm8Robert McCann
IRS990/Form990PartVIISectionAGrp/PersonNm9Daniel Spencer
IRS990/Form990PartVIISectionAGrp/PersonNm10Thomas Dwyer
IRS990/Form990PartVIISectionAGrp/PersonNm11Gerard Dio
IRS990/Form990PartVIISectionAGrp/PersonNm12Jennifer Roche
IRS990/Form990PartVIISectionAGrp/PersonNm13Matthew Coakley
IRS990/Form990PartVIISectionAGrp/PersonNm14Stephen Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm15Lisa Carmody
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/ReportableCompFromOrgAmt911480
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt108730
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1137205
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1266019
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1595930
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3vice president
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director-janitor
IRS990/Form990PartVIISectionAGrp/TitleTxt11Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt12Assistant Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Manager
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01937
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0983503
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt0135133
IRS990/InformationTechnologyGrp/TotalAmt0135133
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt019650
IRS990/InsuranceGrp/TotalAmt019650
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt0122
IRS990/InterestGrp/TotalAmt0122
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0409643
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0409643
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt026125746
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt026316541
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0426603
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0744788
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0722685
IRS990/LandBldgEquipCostOrOtherBssAmt01149288
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To encourage thrift among its members by the accumulation of their savings and loaning of such savings to its members for provident purposes.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt05430180
IRS990/NetAssetsOrFundBalancesEOYAmt05468621
IRS990/NetUnrelatedBusTxblIncmAmt01260
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt063506
IRS990/OccupancyGrp/TotalAmt063506
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt065198
IRS990/OfficeExpensesGrp/TotalAmt065198
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0412342
IRS990/OtherAssetsTotalGrp/EOYAmt0421146
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt041441
IRS990/OtherEmployeeBenefitsGrp/TotalAmt041441
IRS990/OtherLiabilitiesGrp/BOYAmt033391959
IRS990/OtherLiabilitiesGrp/EOYAmt033219522
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt090371
IRS990/OtherSalariesAndWagesGrp/TotalAmt090371
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt09790701
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt08816567
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt016786
IRS990/PaymentsToAffiliatesGrp/TotalAmt016786
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt026127
IRS990/PayrollTaxesGrp/TotalAmt026127
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt020541
IRS990/PensionPlanContributionsGrp/TotalAmt020541
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032021
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032939
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Worcester Fire Department Credit Union
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/Desc0Interest on loans to members
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0572600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0573860
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt01260

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$38,702,271
Liabilities
$33,233,650
Net assets
$5,468,621
Revenue
$983,503
Expenses
$945,062
Net income
$38,441
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$44.9$39.2$5.79$1.24$1.21$0.03
2023Detailed filing. Detailed filing data is available for this year.$45.6$39.9$5.76$1.12$1.07$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.7$46.0$5.70$0.97$0.91$0.07
2021Detailed filing. Detailed filing data is available for this year.$50.2$44.6$5.63$0.95$0.90$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.3$40.8$5.58$1.03$1.01$0.01
2019Detailed filing. Detailed filing data is available for this year.$40.0$34.4$5.57$1.10$1.09$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.7$34.2$5.56$1.10$1.06$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.5$34.0$5.52$1.00$0.96$0.05
2016Detailed filing. Detailed filing data is available for this year.$38.7$33.2$5.47$0.98$0.95$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.8$33.4$5.43$1.00$1.05$0.05
2014Detailed filing. Detailed filing data is available for this year.$38.5$33.0$5.48$1.11$1.06$0.04
2013Detailed filing. Detailed filing data is available for this year.$39.3$33.9$5.44$1.20$1.14$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.4$33.0$5.39$1.24
2011Summary only. Only limited summary data is available for this year.$35.7$30.4$5.26$1.44$1.30$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.3$27.2$5.13$1.23
Peer Organizations

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