Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
32nd percentile
Higher net margin than 32% of similar nonprofits.
Top Officer Pay
36th percentile
Higher top officer pay than 36% of similar nonprofits.
Top officer pay equals 2.9% of source-year revenue.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
11th percentile
Faster revenue growth than 11% of similar nonprofits.
Assets
Up$257,756,254
Up $10,978,670 (+4.4%) from 2015
Net Assets
Up$23,067,328
Up $1,197,694 (+5.5%) from 2015
Liabilities
Up$234,688,926
Up $9,780,976 (+4.3%) from 2015
Revenue
Up$11,832,863
Up $95,229 (+0.8%) from 2015
Expenses
Up$10,708,561
Up $20,322 (+0.2%) from 2015
Net Income
Up$1,124,302
Up $74,907 (+7.1%) from 2015
To provide low cost financial services to member depositors.
The Credit Union is a co-operative owned by its member depositors. Income relaized from investment and loan activities enable the Credit Union to provide low cost financial services to its members.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $194,007,134 | $198,113,497 | ▲ $4,106,363 |
| Savings and Temporary Cash Investments | $22,217,114 | $26,532,330 | ▲ $4,315,216 |
| Rtn Earn Endowment Incm Other Fnds | $21,869,634 | $23,067,328 | ▲ $1,197,694 |
| Cash and Non-Interest-Bearing Accounts | $19,178,302 | $22,436,377 | ▲ $3,258,075 |
| Land, Buildings, and Equipment, Net | $4,655,132 | $4,550,590 | ▼ $104,542 |
| Prepaid Expenses and Deferred Charges | $600,982 | $590,643 | ▼ $10,339 |
| Total Assets | $246,777,584 | $257,756,254 | ▲ $10,978,670 |
| Other Assets Total | $6,118,920 | $5,532,817 | ▼ $586,103 |
| Liabilities | |||
| Other Liabilities | $205,702,108 | $215,182,154 | ▲ $9,480,046 |
| Mortgage Notes Payable Secured by Investment Property | $19,000,000 | $19,000,000 | → $0 |
| Accounts Payable and Accrued Expenses | $205,842 | $506,772 | ▲ $300,930 |
| Total Liabilities | $224,907,950 | $234,688,926 | ▲ $9,780,976 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $21,869,634 | $23,067,328 | ▲ $1,197,694 |
| Total Liabilities and Net Assets / Fund Balance | $246,777,584 | $257,756,254 | ▲ $10,978,670 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,931,666 | $3,763,600 | $6,568,211 |
| Equipment | $376,521 | $3,446,035 | $3,627,756 |
| Land | $1,242,403 | - | $1,242,403 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| David L Root | President/CEO | FT | $300,000 | $42,000 | $342,000 |
| Ginnie Sosnicki | COO | FT | $118,500 | - | $118,500 |
| Bruce B Hecker | Secretary | - | $9,000 | - | $9,000 |
| Roger JLaliberte | Chairman | - | $9,000 | - | $9,000 |
| Gerard R Cayer | Director | - | $8,400 | - | $8,400 |
| Leo R Blais | Director | - | $8,400 | - | $8,400 |
| Richard Audet | Director | - | $8,400 | - | $8,400 |
| Richard P Sullivan | Director | - | $8,400 | - | $8,400 |
| Robert H McGuire | Director | - | $8,400 | - | $8,400 |
| Therese S Stafford | Director | - | $8,400 | - | $8,400 |
| William A Sheldon | Director | - | $8,400 | - | $8,400 |
| James Rowe | Treasurer | - | $8,250 | - | $8,250 |
| Michael D Airhart | Vice Chairman | - | $8,250 | - | $8,250 |
| Paul E Skaling | Director | - | $7,700 | - | $7,700 |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| FiServ | Software and Support | 455 Winding Brook Road, Glastonbury, CT 02854 | $274,781 |
| D3 Logic Inc | Statement preparation and mailing | 2220 Plainfield Pike, Cranston, RI 02921 | $226,260 |
| Mutual Properties | Insurance | 10 State Street, Albany, NY 12250 | $172,166 |
| Coventry Tax Collector | Property Taxes | Town Hall, Coventry, RI 02816 | $133,363 |
| RI Divisionn of Raxation | Deposit Tax | One Capitol Hill, Providence, RI 02908 | $118,774 |
| Line Item | Amount |
|---|---|
| Other Expenses | $7,332,650 |
| Salaries, Compensation, and Employee Benefits | $3,375,911 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $2,157,970 | - | - | $2,157,970 |
| Other Salaries and Wages | $1,428,142 | - | - | $1,428,142 |
| Payroll Taxes | $931,365 | - | - | $931,365 |
| All Other Expenses | $860,422 | - | - | $860,422 |
| Occupancy | $848,121 | - | - | $848,121 |
| Information Technology | $561,443 | - | - | $561,443 |
| Current Officers, Directors, Trustees, and Key Employees | $519,500 | - | - | $519,500 |
| Office Expenses | $516,872 | - | - | $516,872 |
| Depreciation Depletion | $426,397 | - | - | $426,397 |
| Other Employee Benefits | $376,904 | - | - | $376,904 |
| Advertising | $220,000 | - | - | $220,000 |
| Other Expenses | $161,474 | - | - | $161,474 |
| Pension Plan Contributions | $120,000 | - | - | $120,000 |
| Insurance | $116,464 | - | - | $116,464 |
| Fees for Services Accounting | $100,000 | - | - | $100,000 |
| Travel | $94,695 | - | - | $94,695 |
| Fees for Services Legal | $49,927 | - | - | $49,927 |
| Total Functional Expenses | $10,708,561 | $0 | $0 | $10,708,561 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Federal income taxes | $215,182,154 |
| Member Deposits | - |
| Accrued Interest Payable | - |
“The Credit Union is owned by its member depositors. Members elect the Board of Directors at the Annual Meeting and ratify all Board actions at that time.”
“The Board of Directors meets monthly. Minutes of the meetings of the Board, Supervisory Committee and the Annual Meeting are taken and retained by the Credit Union.”
“The Form 990 is reviewed by the Board prior to its filing.”
“The Supervisory Committee regularly monitors Board activity for possible conflicts of interest and activities prohibited by Federal and State laws governing credit unions.”
“The CEOs salary is approved by the Board via a written contractual agreement. Board and Committee members stipends are approved annually by the members at the Annual Meeting.”
“Financial statements are posted monthly after Board ratification at each branch office. Members may request copies of Credit Union policies at any time.”
“Increase in the fair market value of investments classified as available for sale”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 205842 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 506772 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 194007134 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 198113497 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | The Credit Union is a co-operative owned by its member depositors. Income relaized from investment and loan activities enable the Credit Union to provide low cost financial services to its members. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 220000 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 220000 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 860422 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 860422 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | David Root |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4013922310 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2006 Nooseneck Hill Road |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Coventry |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | RI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02816 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 19178302 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 22436377 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 5 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 519500 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 519500 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 226260 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 133363 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 172166 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 274781 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 4 | 118774 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 2220 Plainfield Pike |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | Town Hall |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 10 State Street |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 3 | 455 Winding Brook Road |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 4 | One Capitol Hill |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | Cranston |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | Coventry |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | Albany |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 3 | Glastonbury |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 4 | Providence |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | RI |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | RI |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | NY |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | CT |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 4 | RI |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 02921 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 02816 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 12250 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 3 | 02854 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 4 | 02908 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | D3 Logic Inc |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | Coventry Tax Collector |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | Mutual Properties |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | FiServ |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 4 | RI Divisionn of Raxation |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Statement preparation and mailing |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | Property Taxes |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | Insurance |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | Software and Support |
| IRS990/ContractorCompensationGrp/ServicesDesc | 4 | Deposit Tax |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 557004 |
| IRS990/CYOtherExpensesAmt | 0 | 7332650 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 11275859 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 1124302 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 3375911 |
| IRS990/CYTotalExpensesAmt | 0 | 10708561 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 11832863 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 426397 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 426397 |
| IRS990/Desc | 0 | Interest and fees on loans and investments allow the Credit Union to provide low cost financial services to its members. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 64 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 10708561 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 100000 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 100000 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 49927 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 49927 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 002.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 040.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 040.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 42000 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Roger JLaliberte |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Michael D Airhart |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Bruce B Hecker |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Leo R Blais |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Robert H McGuire |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Paul E Skaling |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Richard Audet |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | William A Sheldon |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Richard P Sullivan |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Therese S Stafford |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | James Rowe |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Gerard R Cayer |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | David L Root |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Ginnie Sosnicki |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 9000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 8250 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 9000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 8400 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 8400 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 7700 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 8400 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 8400 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 8400 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 8400 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 8250 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 8400 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 300000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 118500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | President/CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | COO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | true |
| IRS990/FormationYr | 0 | 1950 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 12 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 11832863 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 12 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 561443 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 561443 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 116464 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 116464 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 2157970 |
| IRS990/InterestGrp/TotalAmt | 0 | 2157970 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 557004 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 557004 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 6779 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 6887780 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 4655132 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 4550590 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 11438370 |
| IRS990/LegalDomicileStateCd | 0 | RI |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | true |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | To provide low cost financial services to member depositors. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 19000000 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 19000000 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 21869634 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 23067328 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 73392 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 848121 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 848121 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 516872 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 516872 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 6118920 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 5532817 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 376904 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 376904 |
| IRS990/OtherExpensesGrp/Desc | 0 | Allowance for Loan Losses |
| IRS990/OtherExpensesGrp/Desc | 1 | Equipment Maint and Leasing |
| IRS990/OtherExpensesGrp/Desc | 2 | Collection and OREO expenses |
| IRS990/OtherExpensesGrp/Desc | 3 | Postage |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 213009 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 638398 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 367458 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 161474 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 213009 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 638398 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 367458 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 161474 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 205702108 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 215182154 |
| IRS990/OtherOrganizationDsc | 0 | Credit Union |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1428142 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1428142 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 931365 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 931365 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 120000 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 120000 |
| IRS990/PoliciesReferenceChaptersInd | 0 | true |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 600982 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 590643 |
| IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt | 0 | David Root |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522291 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522291 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 522291 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Interest and fees on loans |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Other fees and charges |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Sale of consumer mortgages |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | Gain on sale of assets |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 7990867 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 2666561 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 575777 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 42654 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 7990867 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 2666561 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 575777 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 42654 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 484245 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 6892598 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 11253389 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1049395 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 3795641 |
| IRS990/PYTotalExpensesAmt | 0 | 10688239 |
| IRS990/PYTotalRevenueAmt | 0 | 11737634 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1124302 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 11832863 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 21869634 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 23067328 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 22217114 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 26532330 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 2931666 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 3763600 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 6568211 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 376521 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 3446035 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 3627756 |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | false |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1242403 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 1242403 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 215182154 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Federal income taxes |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Member Deposits |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Accrued Interest Payable |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | Financial derivatives and other financial products |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | Closely-held equity interests |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 4550590 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 215182154 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Credit Union is owned by its member depositors. Members elect the Board of Directors at the Annual Meeting and ratify all Board actions at that time. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Board of Directors meets monthly. Minutes of the meetings of the Board, Supervisory Committee and the Annual Meeting are taken and retained by the Credit Union. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The Form 990 is reviewed by the Board prior to its filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The Supervisory Committee regularly monitors Board activity for possible conflicts of interest and activities prohibited by Federal and State laws governing credit unions. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The CEOs salary is approved by the Board via a written contractual agreement. Board and Committee members stipends are approved annually by the members at the Annual Meeting. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Financial statements are posted monthly after Board ratification at each branch office. Members may request copies of Credit Union policies at any time. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Increase in the fair market value of investments classified as available for sale |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, Line 6-7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section 12, Line A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section B, Line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section C, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part XI, Line 9 |
| IRS990/SchoolOperatingInd | 0 | false |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.