Civic Intelligence

Alpha Credit Union

EIN 04-6054447 • 501(c)14 • Boston, MA

Profile

Alpha Credit Union is a full service, member owned financial institution whose purpose is to promote thrift and to loan money at fair and reasonable rates of interest. We are not for profit, not charity, but rather for our members' service and benefit.

One Deaconess RoadBoston, MA 02215-5321

www.alphacu.com

Siviq Scores

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

Liabilities / Assets

28th percentile

0.84x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

17.11x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Net Margin

90th percentile

27%

Higher net margin than 90% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

87th percentile

$187,400

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Asset Growth

11th percentile

-6.4%

Faster asset growth than 11% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

9.0%

Faster revenue growth than 50% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets28th percentile

Assets

Down

$34,452,132

Down $2,364,694 (-6.4%) from 2023

Liabilities

Down

$28,802,051

Down $2,823,085 (-8.9%) from 2023

Net Assets

Up

$5,650,081

Up $458,391 (+8.8%) from 2023

Operations
Liabilities / Revenue60th percentileNet Margin90th percentile

Revenue

Up

$1,683,649

Up $139,275 (+9.0%) from 2023

Expenses

Up

$1,225,258

Up $95,065 (+8.4%) from 2023

Net Income

Up

$458,391

Up $44,210 (+11%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

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

$40M$30M$20M$10M$0Assets 2010: $25,683,301Liabilities 2010: $21,340,047Net Assets 2010: $4,343,2542010Assets 2011: $26,952,796Liabilities 2011: $22,662,910Net Assets 2011: $4,289,8862011Assets 2012: $28,117,328Liabilities 2012: $23,927,283Net Assets 2012: $4,190,0452012Assets 2013: $27,429,535Liabilities 2013: $23,334,913Net Assets 2013: $4,094,6222013Assets 2014: $27,992,216Liabilities 2014: $24,103,185Net Assets 2014: $3,889,0312014Assets 2015: $28,932,767Liabilities 2015: $24,984,974Net Assets 2015: $3,947,7932015Assets 2016: $29,850,981Liabilities 2016: $25,849,830Net Assets 2016: $4,001,1512016Assets 2017: $30,536,704Liabilities 2017: $26,536,091Net Assets 2017: $4,000,6132017Assets 2018: $31,207,586Liabilities 2018: $27,024,868Net Assets 2018: $4,182,7182018Assets 2019: $31,582,091Liabilities 2019: $27,227,537Net Assets 2019: $4,354,5542019Assets 2020: $37,529,076Liabilities 2020: $33,056,044Net Assets 2020: $4,473,0322020Assets 2021: $39,640,867Liabilities 2021: $34,964,073Net Assets 2021: $4,676,7942021Assets 2022: $38,265,467Liabilities 2022: $33,451,792Net Assets 2022: $4,813,6752022Assets 2023: $36,816,826Liabilities 2023: $31,625,136Net Assets 2023: $5,191,6902023Assets 2024: $34,452,132Liabilities 2024: $28,802,051Net Assets 2024: $5,650,0812024

Highlighted filing

2024

Assets$34,452,132
Liabilities$28,802,051
Net Assets$5,650,081
Open 2024 Filing

Operations Trend

Revenue Growth50th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,059,5372010Expenses 2011: $966,8422011Expenses 2012: $966,5672012Revenue 2013: $826,125Expenses 2013: $907,432Net Income 2013: -$81,3072013Revenue 2014: $802,241Expenses 2014: $1,022,885Net Income 2014: -$220,6442014Revenue 2015: $860,497Expenses 2015: $805,783Net Income 2015: $54,7142015Revenue 2016: $914,800Expenses 2016: $860,646Net Income 2016: $54,1542016Revenue 2017: $941,657Expenses 2017: $897,664Net Income 2017: $43,9932017Revenue 2018: $1,114,546Expenses 2018: $901,860Net Income 2018: $212,6862018Revenue 2019: $1,185,055Expenses 2019: $1,013,219Net Income 2019: $171,8362019Revenue 2020: $1,113,321Expenses 2020: $994,843Net Income 2020: $118,4782020Revenue 2021: $1,183,176Expenses 2021: $979,414Net Income 2021: $203,7622021Revenue 2022: $1,215,069Expenses 2022: $1,078,188Net Income 2022: $136,8812022Revenue 2023: $1,544,374Expenses 2023: $1,130,193Net Income 2023: $414,1812023Revenue 2024: $1,683,649Expenses 2024: $1,225,258Net Income 2024: $458,3912024

Highlighted filing

2024

Revenue$1,683,649
Expenses$1,225,258
Net Income$458,391
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$34,452,132
Liabilities
$28,802,051
Net assets
$5,650,081
Revenue
$1,683,649
Expenses
$1,225,258
Net income
$458,391
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$34.5$28.8$5.65$1.68$1.23$0.46
2023Detailed filing. Detailed filing data is available for this year.$36.8$31.6$5.19$1.54$1.13$0.41
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.3$33.5$4.81$1.22$1.08$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.6$35.0$4.68$1.18$0.98$0.20
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.5$33.1$4.47$1.11$0.99$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.6$27.2$4.35$1.19$1.01$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.2$27.0$4.18$1.11$0.90$0.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.5$26.5$4.00$0.94$0.90$0.04
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.9$25.8$4.00$0.91$0.86$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.9$25.0$3.95$0.86$0.81$0.05
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$28.0$24.1$3.89$0.80$1.02$0.22
2013Detailed filing. Detailed filing data is available for this year.$27.4$23.3$4.09$0.83$0.91$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.1$23.9$4.19$0.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.0$22.7$4.29$0.97
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.7$21.3$4.34$1.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 22, 2025
Return Version
2024v5.0
Gross Receipts
$1,683,649
Mission and Program Overview

Mission

Alpha Credit Union is a full service, member owned financial institution whose purpose is to promote thrift and to loan money at fair and reasonable rates of interest. We are not for profit, not charity, but rather for our members' service and benefit.

Credit Union: Provide accounts and loans to members with a current membership of 3938.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$18,185,057$17,601,423▼ $583,634
Savings and Temporary Cash Investments$15,597,054$14,048,762▼ $1,548,292
Rtn Earn Endowment Incm Other Fnds$5,191,690$5,650,081▲ $458,391
Cash and Non-Interest-Bearing Accounts$602,438$2,106,276▲ $1,503,838
Receivables From Officers Etc$410,728$524,680▲ $113,952
Prepaid Expenses and Deferred Charges$121,032$108,435▼ $12,597
Land, Buildings, and Equipment, Net$63,818$6,606▼ $57,212
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$36,816,826$34,452,132▼ $2,364,694
Other Assets Total$1,836,699$55,950▼ $1,780,749
Liabilities
Other Liabilities$31,478,638$28,550,455▼ $2,928,183
Accounts Payable and Accrued Expenses$146,498$251,596▲ $105,098
Total Liabilities$31,625,136$28,802,051▼ $2,823,085
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,191,690$5,650,081▲ $458,391
Total Liabilities and Net Assets / Fund Balance$36,816,826$34,452,132▼ $2,364,694

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$6,606$312,392$0
Land$0-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joette DeMeoCEOFT$163,000$24,400$187,400

Board Members and Trustees

NameTitle
Kristine HanscomBoard Chair
Patricia Hayward EsqVice Chair Board
David BakerBoard Member
Jane HaywardBoard Member
Jeannette BlacklerBoard Member
Peter MacaulayBoard Member
Susan DunnBoard Member
Mary LeupoldSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,056,437
Investment Income
$627,212
Other Revenue
$0
Change in Net Assets
$458,391

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,683,649
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$1,683,649
Total Revenue per Form 990
$1,683,649
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$630,084
Other Expenses$595,174
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$630,084
Office Expenses---$92,340
Other Expenses---$80,166
Information Technology---$62,455
Depreciation Depletion---$61,823
Occupancy---$40,711
Fees for Services Accounting---$27,686
Interest---$27,422
Advertising---$18,568
Insurance---$13,803
Conferences and Meetings---$12,000
Travel---$14
Total Functional Expenses$0$0$0$1,225,258

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,225,258
Total Expenses per Audited Statements$1,225,258
Total Expenses per Form 990$1,225,258
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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$410,728$524,680▲ $113,952
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member's Shares$28,550,455
Governance and Compliance

Governance Checklist

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

“Credit unions are comprised of members. Every account holder is a member.”

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

“The membership elects and votes on a governing body.”

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

“Each member has one vote at the election of the Bord of Directors. If joint account, still only one vote per account number. Governance decisions are reserved for the Board of Directors.”

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

“The form 990 is reviewed by the Board Chair prior to submission”

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

“Directors are asked to disclose any conflicts of interest that may arise during the year, not just at the annual signing.”

Form 990, Part VI, Section B, Line 15

“The Board of Directors review the CEO's salary based on the CEO's overall performance and it's peer and industry averages, prior to determining salary. The last review was conducted January 2025.”

Form 990, Part VI, Section C, Line 19

“Financial Statements are posted in the lobby of the credit union. The 990 and Conflict of Interest Policy are available upon request.”

Filing and Contact Details

Filer

Filer Name
Alpha Credit Union
EIN
04-6054447
Phone
6176328164
Address
One Deaconess Road, Boston, MA 02215-5321

Signing Officer

Name
Joette DeMeo
Title
CEO
Phone
6176328164
Signed
2025-04-22

Organization Details

Principal Officer
Joette DeMeo
Formed
1942
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
8
Employees
0
Volunteers
8
Raw XML AppendixShowing 400 of 428 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
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IRS990/BooksInCareOfDetail/PhoneNum06176328164
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0One Deaconess Road
IRS990/BooksInCareOfDetail/USAddress/CityNm0Boston
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0022155321
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IRS990/ConservationEasementsInd00
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IRS990/CYOtherRevenueAmt00
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IRS990/DepreciationDepletionGrp/TotalAmt061823
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
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IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Alpha Credit Union is a full service, member owned financial institution whose purpose is to promote thrift and to loan money at fair and reasonable rates of interest. We are not for profit, not charity, but rather for our members' service and benefit.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05191690
IRS990/NetAssetsOrFundBalancesEOYAmt05650081
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt040711
IRS990/OfficeExpensesGrp/TotalAmt092340
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01836699
IRS990/OtherAssetsTotalGrp/EOYAmt055950
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Association Dues
IRS990/OtherExpensesGrp/Desc1ATM/Debit Card Expense
IRS990/OtherExpensesGrp/Desc2Lending Expenses
IRS990/OtherExpensesGrp/Desc3Provision for Loan Losses
IRS990/OtherExpensesGrp/TotalAmt04864
IRS990/OtherExpensesGrp/TotalAmt1112308
IRS990/OtherExpensesGrp/TotalAmt241014
IRS990/OtherExpensesGrp/TotalAmt380166
IRS990/OtherLiabilitiesGrp/BOYAmt031478638
IRS990/OtherLiabilitiesGrp/EOYAmt028550455
IRS990/OtherOrganizationDsc0Credit Union
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0630084
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt018185057
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt017601423
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0121032
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0108435
IRS990/PrincipalOfficerNm0Joette DeMeo
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0495262
IRS990/PYOtherExpensesAmt0585959
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01049112
IRS990/PYRevenuesLessExpensesAmt0414181
IRS990/PYSalariesCompEmpBnftPaidAmt0544234
IRS990/PYTotalExpensesAmt01130193
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01544374
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0410728
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0524680
IRS990/ReconcilationRevenueExpnssAmt0458391
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt05191690
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05650081
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015597054
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014048762
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt00
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01225258
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06606
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0312392
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0318998
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028550455
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member's Shares
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01683649
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06606
IRS990ScheduleD/TotalExpensesPerForm990Amt01225258
IRS990ScheduleD/TotalLiabilityAmt028550455
IRS990ScheduleD/TotalRevenuePerForm990Amt01683649
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01683649
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01225258
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0163000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount024400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Joette DeMeo
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0187400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Credit unions are comprised of members. Every account holder is a member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The membership elects and votes on a governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each member has one vote at the election of the Bord of Directors. If joint account, still only one vote per account number. Governance decisions are reserved for the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The form 990 is reviewed by the Board Chair prior to submission
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Directors are asked to disclose any conflicts of interest that may arise during the year, not just at the annual signing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Board of Directors review the CEO's salary based on the CEO's overall performance and it's peer and industry averages, prior to determining salary. The last review was conducted January 2025.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Financial Statements are posted in the lobby of the credit union. The 990 and Conflict of Interest Policy are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt036816826
IRS990/TotalAssetsEOYAmt034452132
IRS990/TotalAssetsGrp/BOYAmt036816826
IRS990/TotalAssetsGrp/EOYAmt034452132
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01225258
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt031625136
IRS990/TotalLiabilitiesEOYAmt028802051
IRS990/TotalLiabilitiesGrp/BOYAmt031625136
IRS990/TotalLiabilitiesGrp/EOYAmt028802051
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05191690
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05650081
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt01056437
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01056437
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt01056437
IRS990/TotalReportableCompFromOrgAmt0187400
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01683649
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01683649
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt036816826
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt034452132
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt014
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00

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