Civic Intelligence

Billerica Municipal Employees Credit Union

EIN 04-2495191 • 501(c)14 • Billerica, MA

Profile

Deposit gathering and lending to members

365 Boston RoadBillerica, MA 01821

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

31st percentile

0.82x

Higher debt load relative to assets than 31% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

27.30x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2024

Net Margin

86th percentile

24%

Higher net margin than 86% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

28th percentile

$59,956

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

501(c)14 • $10M-$25M nonprofits • Source year 2024

Asset Growth

98th percentile

15%

Faster asset growth than 98% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

11%

Faster revenue growth than 67% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets31st percentile

Assets

Up

$22,051,205

Up $2,881,064 (+15%) from 2023

Liabilities

Up

$18,126,368

Up $2,719,904 (+18%) from 2023

Net Assets

Up

$3,924,837

Up $161,160 (+4.3%) from 2023

Operations
Liabilities / Revenue89th percentileNet Margin86th percentile

Revenue

Up

$663,870

Up $65,152 (+11%) from 2023

Expenses

Up

$502,710

Up $147,784 (+42%) from 2023

Net Income

Down

$161,160

Down $82,632 (-34%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $12,170,664Liabilities 2010: $9,058,347Net Assets 2010: $3,112,3172010Assets 2011: $12,514,400Liabilities 2011: $9,425,741Net Assets 2011: $3,088,6592011Assets 2012: $12,426,501Liabilities 2012: $9,296,616Net Assets 2012: $3,129,8852012Assets 2013: $13,322,483Liabilities 2013: $10,228,549Net Assets 2013: $3,093,9342013Assets 2014: $13,492,962Liabilities 2014: $10,415,333Net Assets 2014: $3,077,6292014Assets 2015: $14,170,827Liabilities 2015: $11,086,851Net Assets 2015: $3,083,9762015Assets 2016: $14,179,798Liabilities 2016: $11,085,023Net Assets 2016: $3,094,7752016Assets 2017: $14,318,104Liabilities 2017: $11,216,291Net Assets 2017: $3,101,8132017Assets 2018: $14,844,738Liabilities 2018: $11,636,305Net Assets 2018: $3,208,4332018Assets 2019: $15,867,565Liabilities 2019: $12,536,397Net Assets 2019: $3,331,1682019Assets 2020: $17,556,685Liabilities 2020: $14,154,130Net Assets 2020: $3,402,5552020Assets 2021: $19,892,840Liabilities 2021: $16,463,444Net Assets 2021: $3,429,3962021Assets 2022: $19,859,292Liabilities 2022: $16,339,407Net Assets 2022: $3,519,8852022Assets 2023: $19,170,141Liabilities 2023: $15,406,464Net Assets 2023: $3,763,6772023Assets 2024: $22,051,205Liabilities 2024: $18,126,368Net Assets 2024: $3,924,8372024

Highlighted filing

2024

Assets$22,051,205
Liabilities$18,126,368
Net Assets$3,924,837
Open 2024 Filing

Operations Trend

Revenue Growth67th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $328,2902010Expenses 2011: $343,6832011Expenses 2012: $268,9452012Revenue 2013: $271,274Expenses 2013: $307,225Net Income 2013: -$35,9512013Revenue 2014: $271,917Expenses 2014: $288,222Net Income 2014: -$16,3052014Revenue 2015: $284,963Expenses 2015: $278,616Net Income 2015: $6,3472015Revenue 2016: $304,670Expenses 2016: $293,871Net Income 2016: $10,7992016Revenue 2017: $320,578Expenses 2017: $313,540Net Income 2017: $7,0382017Revenue 2018: $391,529Expenses 2018: $284,909Net Income 2018: $106,6202018Revenue 2019: $427,273Expenses 2019: $304,538Net Income 2019: $122,7352019Revenue 2020: $400,715Expenses 2020: $329,328Net Income 2020: $71,3872020Revenue 2021: $366,785Expenses 2021: $339,944Net Income 2021: $26,8412021Revenue 2022: $435,732Expenses 2022: $345,243Net Income 2022: $90,4892022Revenue 2023: $598,718Expenses 2023: $354,926Net Income 2023: $243,7922023Revenue 2024: $663,870Expenses 2024: $502,710Net Income 2024: $161,1602024

Highlighted filing

2024

Revenue$663,870
Expenses$502,710
Net Income$161,160
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,051,205
Liabilities
$18,126,368
Net assets
$3,924,837
Revenue
$663,870
Expenses
$502,710
Net income
$161,160
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.1$18.1$3.92$0.66$0.50$0.16
2023Detailed filing. Detailed filing data is available for this year.$19.2$15.4$3.76$0.60$0.35$0.24
2022Detailed filing. Detailed filing data is available for this year.$19.9$16.3$3.52$0.44$0.35$0.09
2021Detailed filing. Detailed filing data is available for this year.$19.9$16.5$3.43$0.37$0.34$0.03
2020Detailed filing. Detailed filing data is available for this year.$17.6$14.2$3.40$0.40$0.33$0.07
2019Detailed filing. Detailed filing data is available for this year.$15.9$12.5$3.33$0.43$0.30$0.12
2018Detailed filing. Detailed filing data is available for this year.$14.8$11.6$3.21$0.39$0.28$0.11
2017Detailed filing. Detailed filing data is available for this year.$14.3$11.2$3.10$0.32$0.31$0.01
2016Detailed filing. Detailed filing data is available for this year.$14.2$11.1$3.09$0.30$0.29$0.01
2015Detailed filing. Detailed filing data is available for this year.$14.2$11.1$3.08$0.28$0.28$0.01
2014Detailed filing. Detailed filing data is available for this year.$13.5$10.4$3.08$0.27$0.29$0.02
2013Detailed filing. Detailed filing data is available for this year.$13.3$10.2$3.09$0.27$0.31$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$9.30$3.13$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$9.43$3.09$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$9.06$3.11$0.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.1
Gross Receipts
$663,870
Mission and Program Overview

Mission

Deposit gathering and lending to members

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$12,521,975$14,676,852▲ $2,154,877
Other Notes and Loans Receivable, Net$6,274,288$6,931,976▲ $657,688
Cash and Non-Interest-Bearing Accounts$106,419$131,854▲ $25,435
Receivables From Officers Etc$22,441$65,125▲ $42,684
Prepaid Expenses and Deferred Charges$31,000$15,146▼ $15,854
Land, Buildings, and Equipment, Net$6,578$13,377▲ $6,799
Total Assets$19,170,141$22,051,205▲ $2,881,064
Other Assets Total$207,440$216,875▲ $9,435
Liabilities
Other Liabilities$15,369,576$18,103,373▲ $2,733,797
Accounts Payable and Accrued Expenses$36,888$22,995▼ $13,893
Total Liabilities$15,406,464$18,126,368▲ $2,719,904
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,763,677$3,924,837▲ $161,160
Total Net Assets Fund Balance$3,763,677$3,924,837▲ $161,160
Total Liabilities and Net Assets / Fund Balance$19,170,141$22,051,205▲ $2,881,064

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,377$6,299$19,676
Land$0-$0
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Edward DuntonTreasurerPT$59,956$59,956

Board Members and Trustees

NameTitle
Paul MorrisChairperson/President
Mary St GeorgeVice Chairperson
Allen MetivierDirector
Daniel PowderlyDirector
Glen MagnanDirector
Jeanne TeehanDirector
Joseph DevlinDirector
Maureen DuntonDirector
Olivia CanarioDirector
Kevin C BuckleyAssistant Treasurer
Donna McCoyClerk/Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$293,070
Investment Income
$366,330
Other Revenue
$4,470
Change in Net Assets
$161,160

Audited Revenue Reconciliation

Revenue per Audited Statements
$663,870
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$663,870
Total Revenue per Form 990
$663,870
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$298,062
Salaries, Compensation, and Employee Benefits$204,648
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$172,699$0$0$172,699
Information Technology$27,446$0$0$27,446
Office Expenses$22,004$0$0$22,004
Fees for Services Accounting$15,322$0$0$15,322
Payroll Taxes$14,716$0$0$14,716
Insurance$13,808$0$0$13,808
Other Employee Benefits$8,765$0$0$8,765
Pension Plan Contributions$8,468$0$0$8,468
Occupancy$7,959$0$0$7,959
Advertising$4,391$0$0$4,391
Depreciation Depletion$4,201$0$0$4,201
Other Expenses$4,028$0$0$4,028
Conferences and Meetings$3,900$0$0$3,900
All Other Expenses$2,346$0$0$2,346
Fees for Services Legal$330$0$0$330
Total Functional Expenses$502,710$0$0$502,710

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$502,710
Total Expenses per Audited Statements$502,710
Total Expenses per Form 990$502,710
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$22,441$65,125▲ $42,684
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member shares and deposits$18,103,373
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Filing and Contact Details

Filer

Filer Name
Billerica Municipal Employees Credit Uniion
EIN
04-2495191
Phone
9786672434
Address
365 Boston Road, Billerica, MA 01821

Signing Officer

Name
Paul Morris
Title
President
Phone
9786672434
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phil Loranger
Formed
2012
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
11
Employees
3
Volunteers
11

Preparer

Firm
Joseph Schiappa CPA
Address
29 Maple Ridge Rd, Methuen, MA 01844
Preparer
Joseph L Schiappa CPA
Phone
9787716934
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“The Credit Union is made up of natural person members.”

Pt VI, Line 7A

“The Board of Directors are elected by the general membership at the annual meeting.”

Pt VI, Line 11B

“All Board members are invited to review Form 990 before it is submitted.”

Pt VI, Line 7B

“Certain decisions such as merging are required to be approved by the members in a vote.”

Pt VI, Line 12C

“The Audit Committee monitors all compliance with credit union policies.”

Pt VI, Line 15A

“The independent Board of Directors reviews all comparable data & other pertinent information before determining the compensation of its officer and key employees annually.”

Pt VI, Line 19

“Notices are at the credit union office regarding public disclosure information availability.”

Pt VI, Line 2

“The treasurers wife is a member of the Board of Directors.”

Pt VI, Line 8A

“Minutes are recorded of the Board of Directors meetings.”

Pt VI, Line 8B

“Minutes are recorded for all committee meetings.”

Pt VI, Line 15B

“The independent Board of Directors reviews all comparable data & other pertinent information before determining the compensation of its officer and key employees annually.”

Raw XML AppendixShowing 400 of 477 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt036888
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt022995
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Deposit gathering and lending to members
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt04391
IRS990/AdvertisingGrp/TotalAmt04391
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02346
IRS990/AllOtherExpensesGrp/TotalAmt02346
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Ed Dunton
IRS990/BooksInCareOfDetail/PhoneNum09786672434
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0Treasurer
IRS990/BooksInCareOfDetail/USAddress/CityNm0Boston Rd Billerica
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001821
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0106419
IRS990/CashNonInterestBearingGrp/EOYAmt0131854
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0172699
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0172699
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03900
IRS990/ConferencesMeetingsGrp/TotalAmt03900
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0366330
IRS990/CYOtherExpensesAmt0298062
IRS990/CYOtherRevenueAmt04470
IRS990/CYProgramServiceRevenueAmt0293070
IRS990/CYRevenuesLessExpensesAmt0161160
IRS990/CYSalariesCompEmpBnftPaidAmt0204648
IRS990/CYTotalExpensesAmt0502710
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0663870
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt04201
IRS990/DepreciationDepletionGrp/TotalAmt04201
IRS990/Desc0Members of the credit union are provided loan and deposit services.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt015322
IRS990/FeesForServicesAccountingGrp/TotalAmt015322
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0330
IRS990/FeesForServicesLegalGrp/TotalAmt0330
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
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/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/PersonNm0Paul Morris
IRS990/Form990PartVIISectionAGrp/PersonNm1Edward Dunton
IRS990/Form990PartVIISectionAGrp/PersonNm2Donna McCoy
IRS990/Form990PartVIISectionAGrp/PersonNm3Daniel Powderly
IRS990/Form990PartVIISectionAGrp/PersonNm4Olivia Canario
IRS990/Form990PartVIISectionAGrp/PersonNm5Maureen Dunton
IRS990/Form990PartVIISectionAGrp/PersonNm6Mary St George
IRS990/Form990PartVIISectionAGrp/PersonNm7Joseph Devlin
IRS990/Form990PartVIISectionAGrp/PersonNm8Allen Metivier
IRS990/Form990PartVIISectionAGrp/PersonNm9Kevin C Buckley
IRS990/Form990PartVIISectionAGrp/PersonNm10Glen Magnan
IRS990/Form990PartVIISectionAGrp/PersonNm11Jeanne Teehan
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt159956
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/ReportableCompFromOrgAmt110
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/TitleTxt0Chairperson/President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Clerk/Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Assistant Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0663870
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt027446
IRS990/InformationTechnologyGrp/TotalAmt027446
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt013808
IRS990/InsuranceGrp/TotalAmt013808
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0366330
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06299
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06578
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013377
IRS990/LandBldgEquipCostOrOtherBssAmt019676
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Deposit gathering and lending to members
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03763677
IRS990/NetAssetsOrFundBalancesEOYAmt03924837
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03763677
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03924837
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt07959
IRS990/OccupancyGrp/TotalAmt07959
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt022004
IRS990/OfficeExpensesGrp/TotalAmt022004
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0207440
IRS990/OtherAssetsTotalGrp/EOYAmt0216875
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08765
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08765
IRS990/OtherExpensesGrp/Desc0Dividends Paid on Shares
IRS990/OtherExpensesGrp/Desc1Postage
IRS990/OtherExpensesGrp/Desc2Dues & Subscriptions
IRS990/OtherExpensesGrp/Desc3State Regulatory Fees
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0183703
IRS990/OtherExpensesGrp/ProgramServicesAmt14694
IRS990/OtherExpensesGrp/ProgramServicesAmt23930
IRS990/OtherExpensesGrp/ProgramServicesAmt34028
IRS990/OtherExpensesGrp/TotalAmt0183703
IRS990/OtherExpensesGrp/TotalAmt14694
IRS990/OtherExpensesGrp/TotalAmt23930
IRS990/OtherExpensesGrp/TotalAmt34028
IRS990/OtherLiabilitiesGrp/BOYAmt015369576
IRS990/OtherLiabilitiesGrp/EOYAmt018103373
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1522100
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Fees & Charges
IRS990/OtherRevenueMiscGrp/Desc1Other Income
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04390
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt180
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04390
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt180
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueTotalAmt04470
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt06274288
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt06931976
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt014716
IRS990/PayrollTaxesGrp/TotalAmt014716
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08468
IRS990/PensionPlanContributionsGrp/TotalAmt08468
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015146
IRS990/PrincipalOfficerNm0Phil Loranger
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0Loan Interest Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0293070
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0356831
IRS990/PYOtherExpensesAmt0160324
IRS990/PYOtherRevenueAmt06566
IRS990/PYProgramServiceRevenueAmt0235321
IRS990/PYRevenuesLessExpensesAmt0243792
IRS990/PYSalariesCompEmpBnftPaidAmt0194602
IRS990/PYTotalExpensesAmt0354926
IRS990/PYTotalRevenueAmt0598718
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt022441
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt065125
IRS990/ReconcilationRevenueExpnssAmt0161160
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012521975
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014676852
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt013377
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06299
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019676
IRS990ScheduleD/ExpensesSubtotalAmt0502710
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018103373
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member shares and deposits
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueSubtotalAmt0663870
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013377
IRS990ScheduleD/TotalExpensesPerForm990Amt0502710
IRS990ScheduleD/TotalLiabilityAmt018103373
IRS990ScheduleD/TotalRevenuePerForm990Amt0663870
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0663870
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0502710
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt06523
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt143689
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt210989
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt33924
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Credit Card
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Auto Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2Auto Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3Credit Card
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt014300
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt144212
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt216000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt34903
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Mary St George
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Mary St George
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2Joseph Devlin
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3Jeanne Teehan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd3true
IRS990ScheduleL/TotalBalanceDueAmt065125
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Credit Union is made up of natural person members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors are elected by the general membership at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All Board members are invited to review Form 990 before it is submitted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Certain decisions such as merging are required to be approved by the members in a vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Audit Committee monitors all compliance with credit union policies.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The independent Board of Directors reviews all comparable data & other pertinent information before determining the compensation of its officer and key employees annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Notices are at the credit union office regarding public disclosure information availability.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The treasurers wife is a member of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Minutes are recorded of the Board of Directors meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Minutes are recorded for all committee meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10The independent Board of Directors reviews all comparable data & other pertinent information before determining the compensation of its officer and key employees annually.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt VI, Line 8b

Document Assets

No mirrored PDF or thumbnail assets are attached yet.