Civic Intelligence

Har Co Credit Union

990 • Fiscal year 2015 • EIN 52-0853115

Jan 01, 2015 to Dec 31, 2015 • Filed on May 12, 2016

Organization Profilewww.harcocu.org

View Organization Page

30 N Hickory AvenueBel Air, MD 21014

(410) 838-9090

Siviq Scores

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

Liabilities / Assets

1st percentile

0.00x

Higher debt load relative to assets than 1% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Liabilities / Revenue

1st percentile

0.08x

Higher debt load relative to revenue than 1% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Net Margin

27th percentile

6.6%

Higher net margin than 27% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Top Officer Pay

75th percentile

$257,979

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Asset Growth

19th percentile

2.0%

Faster asset growth than 19% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Revenue Growth

7th percentile

-5.4%

Faster revenue growth than 7% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets1st percentile

Assets

Up

$188,460,934

Up $3,743,064 (+2.0%) from 2014

Net Assets

Up

$187,830,837

Up $3,896,120 (+2.1%) from 2014

Liabilities

Down

$630,097

Down $153,056 (-20%) from 2014

Revenue And Expenses
Liabilities / Revenue1st percentileNet Margin27th percentile

Revenue

Down

$7,628,019

Down $432,963 (-5.4%) from 2014

Expenses

Down

$7,127,791

Down $169,830 (-2.3%) from 2014

Net Income

Down

$500,228

Down $263,133 (-34%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$300M$200M$100M$0Assets 2013: $185,117,729Liabilities 2013: $1,483,817Net Assets 2013: $183,633,9122013Assets 2014: $184,717,870Liabilities 2014: $783,153Net Assets 2014: $183,934,7172014Assets 2015: $188,460,934Liabilities 2015: $630,097Net Assets 2015: $187,830,8372015Assets 2016: $190,050,288Liabilities 2016: $754,207Net Assets 2016: $189,296,0812016Assets 2017: $188,294,908Liabilities 2017: $808,783Net Assets 2017: $187,486,1252017Assets 2018: $187,962,489Liabilities 2018: $1,225,960Net Assets 2018: $186,736,5292018Assets 2019: $189,201,674Liabilities 2019: $1,201,806Net Assets 2019: $187,999,8682019Assets 2020: $216,009,995Liabilities 2020: $1,407,333Net Assets 2020: $214,602,6622020Assets 2021: $238,720,840Liabilities 2021: $871,889Net Assets 2021: $237,848,9512021Assets 2022: $245,148,533Liabilities 2022: $2,980,152Net Assets 2022: $242,168,3812022Assets 2023: $247,700,606Liabilities 2023: $3,081,922Net Assets 2023: $244,618,6842023Assets 2024: $260,541,605Liabilities 2024: $2,575,714Net Assets 2024: $257,965,8912024

Highlighted filing

2015

Assets$188,460,934
Liabilities$630,097
Net Assets$187,830,837
Open 2015 Filing

Operations Trend

Revenue Growth7th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2013: $8,033,902Expenses 2013: $7,782,835Net Income 2013: $251,0672013Revenue 2014: $8,060,982Expenses 2014: $7,297,621Net Income 2014: $763,3612014Revenue 2015: $7,628,019Expenses 2015: $7,127,791Net Income 2015: $500,2282015Revenue 2016: $7,613,519Expenses 2016: $7,308,959Net Income 2016: $304,5602016Revenue 2017: $7,766,711Expenses 2017: $7,182,114Net Income 2017: $584,5972017Revenue 2018: $8,194,550Expenses 2018: $7,881,482Net Income 2018: $313,0682018Revenue 2019: $8,381,096Expenses 2019: $8,268,974Net Income 2019: $112,1222019Revenue 2020: $7,327,198Expenses 2020: $7,498,345Net Income 2020: -$171,1472020Revenue 2021: $7,323,964Expenses 2021: $7,219,854Net Income 2021: $104,1102021Revenue 2022: $9,204,810Expenses 2022: $7,846,962Net Income 2022: $1,357,8482022Revenue 2023: $11,885,797Expenses 2023: $9,665,881Net Income 2023: $2,219,9162023Revenue 2024: $13,335,704Expenses 2024: $11,641,525Net Income 2024: $1,694,1792024

Highlighted filing

2015

Revenue$7,628,019
Expenses$7,127,791
Net Income$500,228
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 12, 2016
Return Version
2015v2.1
Gross Receipts
$7,628,019
Mission and Program Overview

Mission

To provide a sound financial institution with excellent member service for our credit union family. We make our membership our first consideration in everything we do.

State chartered credit union

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$166,966,222$170,338,975▲ $3,372,753
Other Notes and Loans Receivable, Net$117,610,861$114,450,727▼ $3,160,134
Investments in Publicly Traded Securities$43,436,622$50,789,646▲ $7,353,024
Rtn Earn Endowment Incm Other Fnds$16,968,495$17,491,862▲ $523,367
Savings and Temporary Cash Investments$5,842,044$10,235,268▲ $4,393,224
Cash and Non-Interest-Bearing Accounts$6,940,373$5,873,126▼ $1,067,247
Land, Buildings, and Equipment, Net$3,812,406$3,501,814▼ $310,592
Receivables From Officers Etc$745,779$489,269▼ $256,510
Prepaid Expenses and Deferred Charges$298,943$332,990▲ $34,047
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$184,717,870$188,460,934▲ $3,743,064
Other Assets Total$6,030,842$2,788,094▼ $3,242,748
Liabilities
Accounts Payable and Accrued Expenses$783,153$630,097▼ $153,056
Total Liabilities$783,153$630,097▼ $153,056
Net Assets / Fund Balance
Total Net Assets Fund Balance$183,934,717$187,830,837▲ $3,896,120
Total Liabilities and Net Assets / Fund Balance$184,717,870$188,460,934▲ $3,743,064

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,440,338$3,321,163$5,761,501
Other Land Buildings$373,436$3,595,697$3,969,133
Land$688,040-$688,040
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James MeehanCEOFT$224,426$33,553$257,979
Linda BromleySVP/CAOFT$141,257$8,959$150,216
Joseph AikenVP/CLOFT$108,391$22,064$130,455
Malia DierkenVP/CFOFT$98,744$29,936$128,680
John SullivanVP/IT DirectorFT$109,077$1,595$110,672

Board Members and Trustees

NameTitle
Andrew O'ConnorChairman
Blaise SedneyVice Chairman
Charles WellingtonDirector
Debra RettbergDirector
John CantlinDirector
Thorkild Paaby JrSecretary
Dean FisherTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
FiservXP Systemssystem providerPO Box 300016, Duluth, GA 30096-0300$335,390
ACI Worldwide Corpmobile banking provider3520 Kraft Rd Ste 300, Naples, FL 34105$193,898
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,216,711
Investment Income
$411,308
Other Revenue
$0
Change in Net Assets
$500,228

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,628,019
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,628,019
Total Revenue per Form 990
$7,628,019
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,604,698
Salaries, Compensation, and Employee Benefits$3,523,093
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,291,544
Office Expenses---$1,067,969
Current Officers, Directors, Trustees, and Key Employees---$778,002
Occupancy---$415,645
Depreciation Depletion---$415,406
Interest---$386,256
Payroll Taxes---$228,525
Fees for Services Other---$204,729
Advertising---$187,637
Other Employee Benefits---$178,246
Information Technology---$86,104
Fees for Services Accounting---$68,400
Insurance---$58,043
Pension Plan Contributions---$46,776
Other Expenses---$41,000
Travel---$27,443
Conferences and Meetings---$2,964
Total Functional Expenses$0$0$0$7,127,791

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,127,791
Total Expenses per Audited Statements$7,127,791
Total Expenses per Form 990$7,127,791
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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$745,779$489,269▼ $256,510
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 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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“The Credit Union has 16,735 members.”

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

“Credit Union members elect the board of directors.”

Form 990, Part VI, Section B, line 11

“The SVP, CFO, and the CEO will review Form 990 for accuracy. The Board Chairman reviews the final Form 990 on behalf of the Board.”

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

“The Credit Union regularly monitors and enforces compliance with the conflict of interest policy. The Board of Directors and the Supervisory Committee members are required to sign acknowledgement forms annually.”

Form 990, Part VI, Section B, line 15

“The process for determing the CEO's compensation is included in the CEO evaluation committee's annual review process. The CEO determines other officers' comensation annually based upon board approved budget/guide. For all salary increases, the CEO discusses actual increases with the Board Chairman.”

Form 990, Part VI, Section C, line 19

“The monthly financial statements are posted in all Credit Union locations.”

Filing and Contact Details

Filer

Filer Name
HAR-CO Credit Union
EIN
52-0853115
Phone
4108389090
Address
30 N Hickory Avenue, Bel Air, MD 21014

Signing Officer

Name
James J Meehan
Title
President
Phone
4108389090
Signed
2016-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James J Meehan
Formed
1955
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
75
Volunteers
0

Preparer

Firm
Rowles & Company LLP
Address
8100 Sandpiper Cir Ste 308, Baltimore, MD 21236
Preparer
Joseph A Musumeci Jr
Phone
4437255395
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Change in investment valuation 23,139. Net increase in members' share balances 3,372,753.”

Form 990, Part XII, Line 2C:

“The supervisory committee is responsible for oversight of the audit of the financial statements and selection of the independent accountants.”

Raw XML AppendixShowing 400 of 494 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/BOYAmt0783153
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0630097
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0State chartered credit union
IRS990/AdvertisingGrp/TotalAmt0187637
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Malia A Dierken
IRS990/BooksInCareOfDetail/PhoneNum04108389090
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt030 N Hickory Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Bel Air
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021014
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0166966222
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0170338975
IRS990/CashNonInterestBearingGrp/BOYAmt06940373
IRS990/CashNonInterestBearingGrp/EOYAmt05873126
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0778002
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt02964
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0335390
IRS990/ContractorCompensationGrp/CompensationAmt1193898
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO Box 300016
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt13520 Kraft Rd Ste 300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Duluth
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Naples
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd0300960300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd134105
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0FiservXP Systems
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1ACI Worldwide Corp
IRS990/ContractorCompensationGrp/ServicesDesc0system provider
IRS990/ContractorCompensationGrp/ServicesDesc1mobile banking provider
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0411308
IRS990/CYOtherExpensesAmt03604698
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt07216711
IRS990/CYRevenuesLessExpensesAmt0500228
IRS990/CYSalariesCompEmpBnftPaidAmt03523093
IRS990/CYTotalExpensesAmt07127791
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07628019
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0415406
IRS990/Desc0HAR-CO Credit Union provides financial services to its 16,735 members.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt075
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt068400
IRS990/FeesForServicesOtherGrp/TotalAmt0204729
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt776.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt876.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt976.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1076.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1176.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt733553
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt88959
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt922064
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1029936
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt111595
IRS990/Form990PartVIISectionAGrp/PersonNm0Andrew O'Connor
IRS990/Form990PartVIISectionAGrp/PersonNm1Blaise Sedney
IRS990/Form990PartVIISectionAGrp/PersonNm2Dean Fisher
IRS990/Form990PartVIISectionAGrp/PersonNm3Thorkild Paaby Jr
IRS990/Form990PartVIISectionAGrp/PersonNm4Charles Wellington
IRS990/Form990PartVIISectionAGrp/PersonNm5Debra Rettberg
IRS990/Form990PartVIISectionAGrp/PersonNm6John Cantlin
IRS990/Form990PartVIISectionAGrp/PersonNm7James Meehan
IRS990/Form990PartVIISectionAGrp/PersonNm8Linda Bromley
IRS990/Form990PartVIISectionAGrp/PersonNm9Joseph Aiken
IRS990/Form990PartVIISectionAGrp/PersonNm10Malia Dierken
IRS990/Form990PartVIISectionAGrp/PersonNm11John Sullivan
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7224426
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8141257
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9108391
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1098744
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11109077
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/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8SVP/CAO
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP/CLO
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP/IT Director
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01955
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07628019
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt086104
IRS990/InsuranceGrp/TotalAmt058043
IRS990/InterestGrp/TotalAmt0386256
IRS990/InvestmentIncomeGrp/ExclusionAmt0411308
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0411308
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt043436622
IRS990/InvestmentsPubTradedSecGrp/EOYAmt050789646
IRS990/IRPDocumentCnt03873
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06916860
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03812406
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03501814
IRS990/LandBldgEquipCostOrOtherBssAmt010418674
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To provide a sound financial institution with excellent member service for our credit union family. We make our membership our first consideration in everything we do.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0183934717
IRS990/NetAssetsOrFundBalancesEOYAmt0187830837
IRS990/NetUnrelatedBusTxblIncmAmt0-276
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0415645
IRS990/OfficeExpensesGrp/TotalAmt01067969
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06030842
IRS990/OtherAssetsTotalGrp/EOYAmt02788094
IRS990/OtherChangesInNetAssetsAmt03395892
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0178246
IRS990/OtherExpensesGrp/Desc0Lending Expenses
IRS990/OtherExpensesGrp/Desc1ATM Expenses
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/Desc3Loan Loss Provision
IRS990/OtherExpensesGrp/TotalAmt0350815
IRS990/OtherExpensesGrp/TotalAmt1193579
IRS990/OtherExpensesGrp/TotalAmt298708
IRS990/OtherExpensesGrp/TotalAmt341000
IRS990/OtherSalariesAndWagesGrp/TotalAmt02291544
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0117610861
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0114450727
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0228525
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt046776
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0298943
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0332990
IRS990/PrincipalOfficerNm0James J Meehan
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2525990
IRS990/ProgramServiceRevenueGrp/BusinessCd3525990
IRS990/ProgramServiceRevenueGrp/BusinessCd4524298
IRS990/ProgramServiceRevenueGrp/Desc0Interest on Loans
IRS990/ProgramServiceRevenueGrp/Desc1Share Account Service
IRS990/ProgramServiceRevenueGrp/Desc2Other Services
IRS990/ProgramServiceRevenueGrp/Desc3ATM Services
IRS990/ProgramServiceRevenueGrp/Desc4Credit Insurance
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05381765
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1989162
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2614887
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3166391
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt451945
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05381765
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1989162
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2614887
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3178952
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt451945
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt012561
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0253473
IRS990/PYOtherExpensesAmt03881050
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt07807509
IRS990/PYRevenuesLessExpensesAmt0763361
IRS990/PYSalariesCompEmpBnftPaidAmt03416571
IRS990/PYTotalExpensesAmt07297621
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08060982
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0745779
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0489269
IRS990/ReconcilationRevenueExpnssAmt0500228
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt016968495
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt017491862
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05842044
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010235268
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02440338
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03321163
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05761501
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07127791
IRS990ScheduleD/LandGrp/BookValueAmt0688040
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0688040
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0373436
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03595697
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03969133
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07628019
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03501814
IRS990ScheduleD/TotalExpensesPerForm990Amt07127791
IRS990ScheduleD/TotalRevenuePerForm990Amt07628019
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07628019
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07127791
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0224426
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1141257
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt010853
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt16036
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt022700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt12923
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0James Meehan
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Linda Bromley
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SVP/CAO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0257979
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1150216
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0193122
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt182617
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt2430
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt322002
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt4191098
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0credit card, line of credit, home equity, and mortgage
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1home equity
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2credit card
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3credit card and vehicle
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4credit card, home equity, and mortgage
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0217464
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt182617
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2430
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt331398
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt4235917
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Andrew O'Connor
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Blaise Sedney
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2Linda Bromley
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3Charles Wellington
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4James Meehan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Chairman
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Vice-Chairman
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2SVP/CAO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$188,460,934
Liabilities
$630,097
Net assets
$187,830,837
Revenue
$7,628,019
Expenses
$7,127,791
Net income
$500,228
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$261$2.58$258$13.3$11.6$1.69
2023Detailed filing. Detailed filing data is available for this year.$248$3.08$245$11.9$9.67$2.22
2022Detailed filing. Detailed filing data is available for this year.$245$2.98$242$9.20$7.85$1.36
2021Detailed filing. Detailed filing data is available for this year.$239$0.87$238$7.32$7.22$0.10
2020Detailed filing. Detailed filing data is available for this year.$216$1.41$215$7.33$7.50$0.17
2019Detailed filing. Detailed filing data is available for this year.$189$1.20$188$8.38$8.27$0.11
2018Detailed filing. Detailed filing data is available for this year.$188$1.23$187$8.19$7.88$0.31
2017Detailed filing. Detailed filing data is available for this year.$188$0.81$187$7.77$7.18$0.58
2016Detailed filing. Detailed filing data is available for this year.$190$0.75$189$7.61$7.31$0.30
2015Detailed filing. Detailed filing data is available for this year.$188$0.63$188$7.63$7.13$0.50
2014Detailed filing. Detailed filing data is available for this year.$185$0.78$184$8.06$7.30$0.76
2013Detailed filing. Detailed filing data is available for this year.$185$1.48$184$8.03$7.78$0.25