Civic Intelligence

Metropolitan District Employees Credit

990 • Fiscal year 2017 • EIN 06-0709551

Jan 01, 2017 to Dec 31, 2017 • Filed on May 09, 2018

Organization ProfileWWW.MDECU.ORG

View Organization Page

PO Box 1348Hartford, CT 06143

(860) 560-9036

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

42nd percentile

0.86x

Higher debt load relative to assets than 42% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

70th percentile

23.84x

Higher debt load relative to revenue than 70% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Net Margin

39th percentile

4.2%

Higher net margin than 39% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

95th percentile

$122,983

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Asset Growth

27th percentile

-1.4%

Faster asset growth than 27% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

73rd percentile

7.2%

Faster revenue growth than 73% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Down

$24,304,969

Down $347,965 (-1.4%) from 2016

Net Assets

Up

$3,508,061

Up $36,948 (+1.1%) from 2016

Liabilities

Down

$20,796,908

Down $384,913 (-1.8%) from 2016

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin39th percentile

Revenue

Up

$872,292

Up $58,789 (+7.2%) from 2016

Expenses

Up

$835,344

Up $62,466 (+8.1%) from 2016

Net Income

Down

$36,948

Down $3,677 (-9.1%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2010: $23,246,984Liabilities 2010: $1,116Net Assets 2010: $23,245,8682010Assets 2011: $23,785,166Liabilities 2011: $20,618,953Net Assets 2011: $3,166,2132011Assets 2012: $23,685,647Liabilities 2012: $20,473,309Net Assets 2012: $3,212,3382012Assets 2013: $23,449,099Liabilities 2013: $20,133,780Net Assets 2013: $3,315,3192013Assets 2014: $23,250,762Liabilities 2014: $19,871,388Net Assets 2014: $3,379,3742014Assets 2015: $24,518,274Liabilities 2015: $21,087,786Net Assets 2015: $3,430,4882015Assets 2016: $24,652,934Liabilities 2016: $21,181,821Net Assets 2016: $3,471,1132016Assets 2017: $24,304,969Liabilities 2017: $20,796,908Net Assets 2017: $3,508,0612017Assets 2018: $23,908,359Liabilities 2018: $20,370,686Net Assets 2018: $3,537,6732018Assets 2019: $24,818,274Liabilities 2019: $21,266,037Net Assets 2019: $3,552,2372019Assets 2020: $27,191,066Liabilities 2020: $23,660,704Net Assets 2020: $3,530,3622020Assets 2021: $28,442,227Liabilities 2021: $24,888,072Net Assets 2021: $3,554,1552021Assets 2022: $30,928,206Liabilities 2022: $27,318,277Net Assets 2022: $3,609,9292022Assets 2023: $32,131,533Liabilities 2023: $28,637,655Net Assets 2023: $3,493,8782023Assets 2024: $32,381,111Liabilities 2024: $28,819,025Net Assets 2024: $3,562,0862024

Highlighted filing

2017

Assets$24,304,969
Liabilities$20,796,908
Net Assets$3,508,061
Open 2017 Filing

Operations Trend

Revenue Growth73rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $656,6872010Expenses 2011: $730,6402011Expenses 2012: $662,2232012Revenue 2013: $692,303Expenses 2013: $589,322Net Income 2013: $102,9812013Revenue 2014: $714,683Expenses 2014: $650,628Net Income 2014: $64,0552014Revenue 2015: $765,929Expenses 2015: $691,815Net Income 2015: $74,1142015Revenue 2016: $813,503Expenses 2016: $772,878Net Income 2016: $40,6252016Revenue 2017: $872,292Expenses 2017: $835,344Net Income 2017: $36,9482017Revenue 2018: $916,745Expenses 2018: $887,133Net Income 2018: $29,6122018Revenue 2019: $944,864Expenses 2019: $930,300Net Income 2019: $14,5642019Revenue 2020: $896,909Expenses 2020: $918,784Net Income 2020: -$21,8752020Revenue 2021: $864,350Expenses 2021: $840,557Net Income 2021: $23,7932021Revenue 2022: $943,824Expenses 2022: $888,050Net Income 2022: $55,7742022Revenue 2023: $1,144,783Expenses 2023: $1,100,834Net Income 2023: $43,9492023Revenue 2024: $1,422,047Expenses 2024: $1,353,839Net Income 2024: $68,2082024

Highlighted filing

2017

Revenue$872,292
Expenses$835,344
Net Income$36,948
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 9, 2018
Return Version
2017v2.2
Gross Receipts
$872,292
Mission and Program Overview

Mission

We provide financial services for our members.

Provides financial services to member owners

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$14,139,689$14,586,172▲ $446,483
Investments Program Related$8,723,612$7,443,598▼ $1,280,014
Rtn Earn Endowment Incm Other Fnds$3,471,113$3,508,061▲ $36,948
Land, Buildings, and Equipment, Net$478,706$953,869▲ $475,163
Savings and Temporary Cash Investments$164,013$148,352▼ $15,661
Intangible Assets$82,963$107,283▲ $24,320
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$24,652,934$24,304,969▼ $347,965
Other Assets Total$1,063,951$1,065,695▲ $1,744
Liabilities
Other Liabilities$21,135,352$20,760,775▼ $374,577
Accounts Payable and Accrued Expenses$46,469$36,133▼ $10,336
Total Liabilities$21,181,821$20,796,908▼ $384,913
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,471,113$3,508,061▲ $36,948
Total Liabilities and Net Assets / Fund Balance$24,652,934$24,304,969▼ $347,965

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$575,564$53,142$628,706
Buildings$199,805$51,562$251,367
Land$178,500-$178,500
Investment Program Related Org$7,443,598--
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen VietsCEO / TreasurerFT$112,648$10,335$122,983

Board Members and Trustees

NameTitle
Robert Facey JrChairperson
Trevor ParrisVice Chairperson
Douglas Woods SrBoard Member
James DayBoard Member
Sebastian FraelloBoard Member
James MasseSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$743,710
Investment Income
$128,582
Other Revenue
$0
Change in Net Assets
$36,948
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$505,702
Salaries, Compensation, and Employee Benefits$329,642
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$164,055--$164,055
Comp Disqual Persons$162,205--$162,205
Current Officers, Directors, Trustees, and Key Employees$112,648--$112,648
Other Employee Benefits$33,763--$33,763
Other Expenses$23,806--$23,806
Payroll Taxes$21,026--$21,026
Advertising$13,522--$13,522
Fees for Services Legal$13,519--$13,519
Payments to Affiliates$13,189--$13,189
Travel$11,140--$11,140
Occupancy$9,840--$9,840
Fees for Services Other$9,345--$9,345
Fees for Services Accounting$6,600--$6,600
All Other Expenses$6,539--$6,539
Total Functional Expenses$835,344$0$0$835,344
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Total Shares$20,760,775
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The credit union has members who are part owners of the institution.”

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

“Members elect directors at the annual meeting and the directors serve a term of two years.”

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

“Most decisions are subject to approval of board members if they disagree with board decisions.”

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

“The tax return is reviewed by the ceo and accountants.”

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

“Policy compliance is governed by a supervisory committee.”

Form 990, Part VI, Section B, Line 15

“Salary surveys are done to determine wages of officers and other key employees”

Form 990, Part VI, Section C, Line 19

“All information is available upon request.”

Filing and Contact Details

Filer

Filer Name
METROPOLITAN DISTRICT EMPLOYEES'
EIN
06-0709551
Phone
8605609036
Address
PO BOX 1348, HARTFORD, CT 06143
Doing Business As
METROPOLITAN DISTRICT EMPLOYEES' CREDIT UNION

Signing Officer

Name
Karen Viets
Title
CEO
Phone
8605609036
Signed
2018-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Viets
Formed
1955
Legal Domicile
Ct
Voting Board Members
1,805
Independent Board Members
1,805
Employees
5
Volunteers
11

Preparer

Firm
Whittlesey Pc
Address
ONE HAMDEN CTR 2319 WHITNEY AVE STE, 2A, HAMDEN, CT 06518
Preparer
Kevin F Lachapelle
Phone
2033972525
Raw XML Appendix373 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt046469
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt036133
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDES FINANCIAL SERVICES TO MEMBER OWNERS
IRS990/AdvertisingGrp/ProgramServicesAmt013522
IRS990/AdvertisingGrp/TotalAmt013522
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06539
IRS990/AllOtherExpensesGrp/TotalAmt06539
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MANAGER & STAFF
IRS990/BooksInCareOfDetail/PhoneNum08605609036
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1348
IRS990/BooksInCareOfDetail/USAddress/CityNm0HARTFORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006143
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IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
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IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0112648
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt0162205
IRS990/CompDisqualPersonsGrp/TotalAmt0162205
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
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IRS990/CYTotalProfFndrsngExpnsAmt00
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IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO PROTECT, PRESERVE AND SAFEGUARD THE ASSETS OF ITS MEMBERS; TO OFFER QUALITY FINANCIAL SERVICES AT EQUITABLE RATES FOR THE BENEFIT OF MEMBERS; AND TO PROMOTE THE CREDIT UNION PHILOSOPHY OF MEMBERS HELPING MEMBERS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
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IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
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IRS990/FamilyOrBusinessRlnInd00
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IRS990/FeesForServicesAccountingGrp/TotalAmt06600
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IRS990/FeesForServicesOtherGrp/TotalAmt09345
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
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IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt010335
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0KAREN VIETS
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT FACEY JR
IRS990/Form990PartVIISectionAGrp/PersonNm2TREVOR PARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES MASSE
IRS990/Form990PartVIISectionAGrp/PersonNm4DOUGLAS WOODS SR
IRS990/Form990PartVIISectionAGrp/PersonNm5SEBASTIAN FRAELLO
IRS990/Form990PartVIISectionAGrp/PersonNm6JAMES DAY
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO / TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
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IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt01805
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0872292
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt01805
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt082963
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IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt08723612
IRS990/InvestmentsProgramRelatedGrp/EOYAmt07443598
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt0478706
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0TO PROTECT, PRESERVE AND SAFEGUARD THE ASSETS OF ITS MEMBERS; TO OFFER QUALITY FINANCIAL SERVICES AT EQUITABLE RATES FOR THE BENEFIT OF MEMBERS; AND TO PROMOTE THE CREDIT UNION PHILOSOPHY OF MEMBERS HELPING MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt03508061
IRS990/NetUnrelatedBusTxblIncmAmt02461
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt09840
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IRS990/OfficeExpensesGrp/TotalAmt0164055
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
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IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1DIVIDENDS TO MEMBERS
IRS990/OtherExpensesGrp/Desc2ATM OTHER FEES
IRS990/OtherExpensesGrp/Desc3PROCESSING FEES
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IRS990/OtherExpensesGrp/ProgramServicesAmt243067
IRS990/OtherExpensesGrp/ProgramServicesAmt323806
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IRS990/OtherExpensesGrp/TotalAmt323806
IRS990/OtherLiabilitiesGrp/BOYAmt021135352
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IRS990/PartialLiquidationInd00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt013189
IRS990/PayrollTaxesGrp/ProgramServicesAmt021026
IRS990/PayrollTaxesGrp/TotalAmt021026
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KAREN VIETS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME ON LOA
IRS990/ProgramServiceRevenueGrp/Desc1CHARGE FEES
IRS990/ProgramServiceRevenueGrp/Desc2MISC FEES, NSF, ETC.
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IRS990/ProgramServiceRevenueGrp/ExclusionAmt155282
IRS990/ProgramServiceRevenueGrp/ExclusionAmt243155
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt243155
IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherRevenueAmt00
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IRS990/PYTotalExpensesAmt0772878
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0813503
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0872292
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03471113
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03508061
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0164013
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0148352
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0199805
IRS990ScheduleD/BuildingsGrp/DepreciationAmt051562
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0251367
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt07443598
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CERTIFICATE OF DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt0178500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0178500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0575564
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt053142
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0628706
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020760775
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TOTAL SHARES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0953869
IRS990ScheduleD/TotalBookValueProgramRltdAmt07443598
IRS990ScheduleD/TotalLiabilityAmt020760775
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAS MEMBERS WHO ARE PART OWNERS OF THE INSTITUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT DIRECTORS AT THE ANNUAL MEETING AND THE DIRECTORS SERVE A TERM OF TWO YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MOST DECISIONS ARE SUBJECT TO APPROVAL OF BOARD MEMBERS IF THEY DISAGREE WITH BOARD DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TAX RETURN IS REVIEWED BY THE CEO AND ACCOUNTANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4POLICY COMPLIANCE IS GOVERNED BY A SUPERVISORY COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SALARY SURVEYS ARE DONE TO DETERMINE WAGES OF OFFICERS AND OTHER KEY EMPLOYEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL INFORMATION IS 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/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt024652934
IRS990/TotalAssetsEOYAmt024304969
IRS990/TotalAssetsGrp/BOYAmt024652934
IRS990/TotalAssetsGrp/EOYAmt024304969
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0835344
IRS990/TotalFunctionalExpensesGrp/TotalAmt0835344
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021181821
IRS990/TotalLiabilitiesEOYAmt020796908
IRS990/TotalLiabilitiesGrp/BOYAmt021181821
IRS990/TotalLiabilitiesGrp/EOYAmt020796908
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03471113
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03508061
IRS990/TotalOtherCompensationAmt010335
IRS990/TotalProgramServiceExpensesAmt0835344
IRS990/TotalProgramServiceRevenueAmt0743710
IRS990/TotalReportableCompFromOrgAmt0112648
IRS990/TotalRevenueGrp/ExclusionAmt0872292
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0872292
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt024652934
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt024304969
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt011140
IRS990/TravelGrp/TotalAmt011140
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1348
IRS990/USAddress/CityNm0HARTFORD
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006143
IRS990/VotingMembersGoverningBodyCnt01805
IRS990/VotingMembersIndependentCnt01805
IRS990/WebsiteAddressTxt0WWW.MDECU.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN VIETS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08605609036
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0METROPOLITAN DISTRICT EMPLOYEES'
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CREDIT UNION INC
ReturnHeader/Filer/BusinessNameControlTxt0METR
ReturnHeader/Filer/EIN0060709551
ReturnHeader/Filer/PhoneNum08605609036
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1348
ReturnHeader/Filer/USAddress/CityNm0HARTFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006143
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03EB3162D7FD0D7702814D821AA9DD8EB962D19FC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BAE64C671D50B276D376EC8AEEABAB917A9DA138
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.9.102.153
ReturnHeader/FilingSecurityInformation/IPDt02018-05-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:39:11
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0060903326
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHITTLESEY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE HAMDEN CTR 2319 WHITNEY AVE STE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt02A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HAMDEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006518
ReturnHeader/PreparerPersonGrp/PhoneNum02033972525
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN F LACHAPELLE
ReturnHeader/ReturnTs02018-05-14T09:17:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$24,304,969
Liabilities
$20,796,908
Net assets
$3,508,061
Revenue
$872,292
Expenses
$835,344
Net income
$36,948
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.4$28.8$3.56$1.42$1.35$0.07
2023Detailed filing. Detailed filing data is available for this year.$32.1$28.6$3.49$1.14$1.10$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.9$27.3$3.61$0.94$0.89$0.06
2021Detailed filing. Detailed filing data is available for this year.$28.4$24.9$3.55$0.86$0.84$0.02
2020Detailed filing. Detailed filing data is available for this year.$27.2$23.7$3.53$0.90$0.92$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.8$21.3$3.55$0.94$0.93$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.9$20.4$3.54$0.92$0.89$0.03
2017Detailed filing. Detailed filing data is available for this year.$24.3$20.8$3.51$0.87$0.84$0.04
2016Detailed filing. Detailed filing data is available for this year.$24.7$21.2$3.47$0.81$0.77$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.5$21.1$3.43$0.77$0.69$0.07
2014Detailed filing. Detailed filing data is available for this year.$23.3$19.9$3.38$0.71$0.65$0.06
2013Detailed filing. Detailed filing data is available for this year.$23.4$20.1$3.32$0.69$0.59$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.7$20.5$3.21$0.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.8$20.6$3.17$0.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$0.00$23.2$0.66