Civic Intelligence

Worcester Fire Dept Credit Union

990 • Fiscal year 2019 • EIN 04-1989205

Jan 01, 2019 to Dec 31, 2019 • Filed on May 05, 2020

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

44th percentile

0.86x

Higher debt load relative to assets than 44% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

31.26x

Higher debt load relative to revenue than 99% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Net Margin

10th percentile

1.4%

Higher net margin than 10% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

51st percentile

$107,738

Higher top officer pay than 51% of similar nonprofits.

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

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Asset Growth

39th percentile

0.7%

Faster asset growth than 39% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

15th percentile

-0.0%

Faster revenue growth than 15% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets44th percentile

Assets

Up

$40,003,126

Up $291,830 (+0.7%) from 2018

Net Assets

Up

$5,570,531

Up $14,946 (+0.3%) from 2018

Liabilities

Up

$34,432,595

Up $276,884 (+0.8%) from 2018

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin10th percentile

Revenue

Down

$1,101,461

Down $466 (-0.0%) from 2018

Expenses

Up

$1,086,515

Up $24,445 (+2.3%) from 2018

Net Income

Down

$14,946

Down $24,911 (-63%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth39th 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

2019

Assets$40,003,126
Liabilities$34,432,595
Net Assets$5,570,531
Open 2019 Filing

Operations Trend

Revenue Growth15th 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

2019

Revenue$1,101,461
Expenses$1,086,515
Net Income$14,946
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 5, 2020
Return Version
2019v5.0
Gross Receipts
$1,101,461
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$27,360,916$25,744,206▼ $1,616,710
Other Notes and Loans Receivable, Net$9,686,542$9,955,095▲ $268,553
Rtn Earn Endowment Incm Other Fnds$5,555,585$5,570,531▲ $14,946
Savings and Temporary Cash Investments$1,334,973$1,985,852▲ $650,879
Cash and Non-Interest-Bearing Accounts$202,885$1,222,074▲ $1,019,189
Land, Buildings, and Equipment, Net$698,788$684,298▼ $14,490
Prepaid Expenses and Deferred Charges$39,165$18,216▼ $20,949
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$39,711,296$40,003,126▲ $291,830
Other Assets Total$388,027$393,385▲ $5,358
Liabilities
Other Liabilities$34,149,690$34,394,794▲ $245,104
Accounts Payable and Accrued Expenses$6,021$37,801▲ $31,780
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$34,155,711$34,432,595▲ $276,884
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,555,585$5,570,531▲ $14,946
Total Liabilities and Net Assets / Fund Balance$39,711,296$40,003,126▲ $291,830

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$492,063$302,387$0
Other Land Buildings$0$0$0
Land$155,000-$0
Equipment$37,235$204,473$0
Leasehold Improvements$0$0$0
Closely Held Equity Interests$0--
Financial Derivatives$25,744,206--
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lisa CarmodyManagerFT$107,738$107,738
Daniel SpencerTreasurerPT$39,841$39,841
Gerard DioPresidentPT$27,734$27,734

Board Members and Trustees

NameTitle
Robert JohnsonVice President
Arthur DavisonDirector
Brian BoucherDirector
Brian TangneyDirector
John FordDirector
John FrancoDirector
Matthew CoakleyDirector
Michael CoakleyDirector
Stephen JohnsonDirector
Thomas DwyerDirector
William MosleyDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Fiservcomputer software company4450 SW Macadam Avenue, Portland, OR 97239$129,392
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$565,561
Investment Income
$535,900
Other Revenue
$0
Change in Net Assets
$14,946
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$492,840
Salaries, Compensation, and Employee Benefits$401,726
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$191,949
Current Officers, Directors, Trustees, and Key Employees---$164,381
Other Salaries and Wages---$147,033
Information Technology---$142,113
Office Expenses---$118,339
Occupancy---$61,811
Other Employee Benefits---$46,321
Depreciation Depletion---$28,345
Payroll Taxes---$25,353
Insurance---$19,884
Pension Plan Contributions---$18,638
Other Expenses---$17,812
Fees for Services Accounting---$13,026
Payment Travel Entrtnmnt Publicly Ofcl---$10,765
Travel---$9,916
Payments to Affiliates---$6,708
Interest---$2,376
Total Functional Expenses$0$0$0$1,086,515
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 to members$34,394,794
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
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 2

“Michael Coakley is Matthew Coakley father.”

Form 990, Part VI, Section A, Line 6

“there are presently approximately 1850 members in our credit union. the annual meeting and voting occurs in the spring. at which meeting they vote and express their concerns.”

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

“every year a number of board members run for a three year term and they are voted in by the membership”

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

“by-laws governing the credit union are voted at the annual meeting by the membership”

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

“the president reviews the 990 at the May board meeting and any board member can have their own copy.”

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

“at the monthly board meetings any conflict of interest by any board member is brought to the attention of the board and that member on occasion will abstain from voting on the subject matter.”

Form 990, Part VI, Section C, Line 19

“upon request a member can view the policies of the credit union. these policies are in the book. the financial statements for each month is posted in the credit union lobby.”

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
2020-05-05

Organization Details

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

Financial Statement Notes

Schedule D, Part X, Line 2

“members owned shares and certificate of deposits.”

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/Form990PartVIISectionAGrp/PersonNm1Robert Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm2Thomas Dwyer
IRS990/Form990PartVIISectionAGrp/PersonNm3Matthew Coakley
IRS990/Form990PartVIISectionAGrp/PersonNm4Stephen Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm5John Franco
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IRS990/Form990PartVIISectionAGrp/PersonNm9John Ford
IRS990/Form990PartVIISectionAGrp/PersonNm10Gerard Dio
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
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IRS990/Form990PartVIISectionAGrp/TitleTxt11Treasurer
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Manager
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01937
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01101461
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0142113
IRS990/InsuranceGrp/TotalAmt019884
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt02376
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0535900
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0535900
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt027360916
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt025744206
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0506860
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0698788
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0684298
IRS990/LandBldgEquipCostOrOtherBssAmt01191158
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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/NetAssetsOrFundBalancesBOYAmt05555585
IRS990/NetAssetsOrFundBalancesEOYAmt05570531
IRS990/NetUnrelatedBusTxblIncmAmt03772
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt061811
IRS990/OfficeExpensesGrp/TotalAmt0118339
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0388027
IRS990/OtherAssetsTotalGrp/EOYAmt0393385
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt046321
IRS990/OtherExpensesGrp/Desc0bad debt
IRS990/OtherExpensesGrp/Desc1donations
IRS990/OtherExpensesGrp/Desc2Misc
IRS990/OtherExpensesGrp/TotalAmt051563
IRS990/OtherExpensesGrp/TotalAmt110182
IRS990/OtherExpensesGrp/TotalAmt217812
IRS990/OtherLiabilitiesGrp/BOYAmt034149690
IRS990/OtherLiabilitiesGrp/EOYAmt034394794
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0147033
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt09686542
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt09955095
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt06708
IRS990/PayrollTaxesGrp/TotalAmt025353
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt018638
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt039165
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018216
IRS990/PrincipalOfficerNm0Gerard Dio
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522320
IRS990/ProgramServiceRevenueGrp/Desc0loans to members
IRS990/ProgramServiceRevenueGrp/Desc1fees for service
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0478358
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt183431
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0478358
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt187203
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt13772
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/ExpenseAmt0194325
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0535900
IRS990/ProgSrvcAccomActy3Grp/Desc0sell gap insurance to our members for their vehicles. 990T
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01083
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt03772
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0179459
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0562562
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt010765
IRS990/PYOtherExpensesAmt0481013
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0539365
IRS990/PYRevenuesLessExpensesAmt039857
IRS990/PYSalariesCompEmpBnftPaidAmt0401598
IRS990/PYTotalExpensesAmt01062070
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01101927
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt014946
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0561789
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt05555585
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05570531
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01334973
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01985852
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0492063
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0302387
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0794450
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt037235
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0204473
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0241708
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FinancialDerivativesGrp/BookValueAmt025744206
IRS990ScheduleD/FootnoteTextInd0X
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/Amt034394794
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0shares and certificates to members
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0members owned shares and certificate of deposits.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0684298
IRS990ScheduleD/TotalBookValueSecuritiesAmt025744206
IRS990ScheduleD/TotalLiabilityAmt034394794
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Michael Coakley is Matthew Coakley father.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1there are presently approximately 1850 members in our credit union. the annual meeting and voting occurs in the spring. at which meeting they vote and express their concerns.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2every year a number of board members run for a three year term and they are voted in by the membership

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$40,003,126
Liabilities
$34,432,595
Net assets
$5,570,531
Revenue
$1,101,461
Expenses
$1,086,515
Net income
$14,946
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
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