Civic Intelligence

Worcester Fire Dept Credit Union

990 • Fiscal year 2017 • EIN 04-1989205

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 06, 2018

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

34th percentile

0.86x

Higher debt load relative to assets than 34% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

33.85x

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

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Net Margin

30th percentile

4.7%

Higher net margin than 30% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

46th percentile

$97,843

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Asset Growth

48th percentile

2.1%

Faster asset growth than 48% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

28th percentile

2.1%

Faster revenue growth than 28% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$39,514,202

Up $811,931 (+2.1%) from 2016

Net Assets

Up

$5,515,728

Up $47,107 (+0.9%) from 2016

Liabilities

Up

$33,998,474

Up $764,824 (+2.3%) from 2016

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin30th percentile

Revenue

Up

$1,004,243

Up $20,740 (+2.1%) from 2016

Expenses

Up

$956,752

Up $11,690 (+1.2%) from 2016

Net Income

Up

$47,491

Up $9,050 (+24%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth48th 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

2017

Assets$39,514,202
Liabilities$33,998,474
Net Assets$5,515,728
Open 2017 Filing

Operations Trend

Revenue Growth28th 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

2017

Revenue$1,004,243
Expenses$956,752
Net Income$47,491
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 6, 2018
Return Version
2017v2.0
Gross Receipts
$1,004,243
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$26,316,541$27,527,725▲ $1,211,184
Other Notes and Loans Receivable, Net$8,816,567$9,117,912▲ $301,345
Rtn Earn Endowment Incm Other Fnds$5,468,621$5,515,728▲ $47,107
Savings and Temporary Cash Investments$2,132,907$1,480,712▼ $652,195
Land, Buildings, and Equipment, Net$722,685$704,256▼ $18,429
Cash and Non-Interest-Bearing Accounts$259,486$229,450▼ $30,036
Prepaid Expenses and Deferred Charges$32,939$43,986▲ $11,047
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$38,702,271$39,514,202▲ $811,931
Other Assets Total$421,146$410,161▼ $10,985
Liabilities
Other Liabilities$33,219,522$33,979,153▲ $759,631
Accounts Payable and Accrued Expenses$14,128$19,321▲ $5,193
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$33,233,650$33,998,474▲ $764,824
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,468,621$5,515,728▲ $47,107
Total Liabilities and Net Assets / Fund Balance$38,702,271$39,514,202▲ $811,931

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$527,813$266,637$0
Other Land Buildings$0$0$0
Land$155,000-$0
Equipment$21,443$185,948$0
Leasehold Improvements$0$0$0
Financial Derivatives$27,527,725--
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lisa CarmodyManagerFT$97,843$97,843
Gerard DioChief Financial OfficePT$26,342$26,342
Daniel SpencerTreasurerPT$26,190$26,190
Thomas DwyerDirector-janitor-$8,730$8,730

Board Members and Trustees

NameTitle
Briean TangneyPresident
Brian FoleyDirector
Charlie GallagherDirector
John FrancoDirector
Matthew CoakleyDirector
Michael CoakleyDirector
Robert JohnsonDirector
Robert McCannDirector
Stephen JohnsonDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Fiservcomputer software company4450 SW Macadam Avenue, Portland, OR 97239$126,343
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$458,152
Investment Income
$460,820
Other Revenue
$85,271
Change in Net Assets
$47,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$431,098
Salaries, Compensation, and Employee Benefits$382,910
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---$150,375
Other Salaries and Wages---$143,421
Benefits to Members---$142,744
Information Technology---$140,493
Office Expenses---$83,074
Occupancy---$62,879
Other Employee Benefits---$41,510
Depreciation Depletion---$25,982
Payroll Taxes---$25,678
All Other Expenses---$22,117
Pension Plan Contributions---$21,926
Other Expenses---$20,500
Conferences and Meetings---$15,781
Insurance---$14,237
Payments to Affiliates---$8,072
Advertising---$3,172
Interest---$759
Total Functional Expenses$0$0$0$956,752
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
shares and certificates owed to members$33,979,153
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
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

“for $25.00 and being a Worcester fire department or credit union employee, or a family member of those described may become shareholders of the Worcester Fire Department Credit Union,”

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

“board members are elected by the body every year for a three year period.”

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

“all bylaw changes are voted by the body at the annual meeting.”

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

“at the next board meeting after the filing of the 990”

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

“at the may meeting all members are sworn in and required to state any conflict of interest in writing to the board.”

Form 990, Part VI, Section B, Line 15

“we use the league manual dealing with compensation of employees.”

Form 990, Part VI, Section C, Line 19

“monthly statement of financial condition is posted on the display board in the main lobby. other reports and policies are available upon request.”

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
2018-04-06

Organization Details

Principal Officer
Gerard Dio
Formed
1937
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
10
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“adjustment made due to late fraud deduction from prior year”

Raw XML AppendixShowing 400 of 492 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/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01004243
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0140493
IRS990/InsuranceGrp/TotalAmt014237
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt0759
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0460820
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0460820
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt026316541
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt027527725
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0452585
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0722685
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0704256
IRS990/LandBldgEquipCostOrOtherBssAmt01156841
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt083760
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt085271
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt01511
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/NetAssetsOrFundBalancesBOYAmt05468621
IRS990/NetAssetsOrFundBalancesEOYAmt05515728
IRS990/NetUnrelatedBusTxblIncmAmt03071
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt062879
IRS990/OfficeExpensesGrp/TotalAmt083074
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0421146
IRS990/OtherAssetsTotalGrp/EOYAmt0410161
IRS990/OtherChangesInNetAssetsAmt0-384
IRS990/OtherEmployeeBenefitsGrp/TotalAmt041510
IRS990/OtherExpensesGrp/Desc0building taxes
IRS990/OtherExpensesGrp/Desc1bad loans and fraud
IRS990/OtherExpensesGrp/TotalAmt034032
IRS990/OtherExpensesGrp/TotalAmt120500
IRS990/OtherLiabilitiesGrp/BOYAmt033219522
IRS990/OtherLiabilitiesGrp/EOYAmt033979153
IRS990/OtherRevenueTotalAmt085271
IRS990/OtherSalariesAndWagesGrp/TotalAmt0143421
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt08816567
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt09117912
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt08072
IRS990/PayrollTaxesGrp/TotalAmt025678
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt021926
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032939
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt043986
IRS990/PrincipalOfficerNm0Gerard Dio
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/Desc0loans to membership
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0455081
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0458152
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt03071
IRS990/ProgSrvcAccomActy2Grp/Desc0the credit union provides a .30% dividend to our members savings accounts and competititve rates to our members for their certificates of deposits.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0143503
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0460820
IRS990/ProgSrvcAccomActy3Grp/Desc0sell gap insurance to our members for their vehicles. 990T
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01560
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt03071
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0145364
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0409643
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0401854
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0573860
IRS990/PYRevenuesLessExpensesAmt038441
IRS990/PYSalariesCompEmpBnftPaidAmt0397844
IRS990/PYTotalExpensesAmt0945062
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0983503
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt047491
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0543423
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt05468621
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05515728
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02132907
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01480712
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0527813
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0266637
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0794450
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt021443
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0185948
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0207391
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/FinancialDerivativesGrp/BookValueAmt027527725
IRS990ScheduleD/FinancialDerivativesGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt0155000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0155000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt033979153
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0shares and certificates owed to members
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0704256
IRS990ScheduleD/TotalBookValueSecuritiesAmt027527725
IRS990ScheduleD/TotalLiabilityAmt033979153
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0for $25.00 and being a Worcester fire department or credit union employee, or a family member of those described may become shareholders of the Worcester Fire Department Credit Union,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1board members are elected by the body every year for a three year period.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2all bylaw changes are voted by the body at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3at the next board meeting after the filing of the 990

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,514,202
Liabilities
$33,998,474
Net assets
$5,515,728
Revenue
$1,004,243
Expenses
$956,752
Net income
$47,491
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
2017Detailed filing. Detailed filing data is available for this year.$39.5$34.0$5.52$1.00$0.96$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
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