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TRIANGLE CREDIT UNION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
TRIANGLE CREDIT UNION (EIN 02-0223137)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-15
IRS object ID
201703199349309760
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-15T13:39:46-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN472604526PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GARVEY STEELE & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 397AddressLine1Txt
CityMYSTICCityNm
State AbbreviationCTStateAbbreviationCd
ZIP063550397ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN020223137EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TRIANGLE CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTRIABusinessNameControlTxt
Phone6038892470PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line133 FRANKLIN STREETAddressLine1Txt
CityNASHUACityNm
State AbbreviationNHStateAbbreviationCd
ZIP03064ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSCOTT MAC KNIGHTPersonNm
Person TitleVP OF FINANCEPersonTitleTxt
Phone6038892470PhoneNum
Signature2017-11-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD B STEELE CPAPreparerPersonNm
PTINP00157880PTIN
Phone8605369831PhoneNum
Preparation2017-11-15PreparationDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device Id97DB9962C47C60A4FA4E0617B85582D50FB1056DAtSubmissionCreationDeviceId
At Submission Filing Device Id97DB9962C47C60A4FA4E0617B85582D50FB1056DAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMAURICE SIMARDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line133 FRANKLIN STREETAddressLine1Txt
CityNASHUACityNm
State AbbreviationNHStateAbbreviationCd
ZIP03064ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$36,749,633GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.TRIANGLECU.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1939FormationYr
Legal Domicile StateNHLegalDomicileStateCd
Activity Or MissionCREDIT UNIONActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee213TotalEmployeeCnt
Total Volunteers8TotalVolunteersCnt
Total Gross UBI$119,689TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$62,898NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$18,191,465PYProgramServiceRevenueAmt
CY Program Service Revenue$19,034,806CYProgramServiceRevenueAmt
PY Investment Income$760,911PYInvestmentIncomeAmt
CY Investment Income$1,173,309CYInvestmentIncomeAmt
PY Other Revenue$5,088,262PYOtherRevenueAmt
CY Other Revenue$5,494,814CYOtherRevenueAmt
PY Total Revenue$24,040,638PYTotalRevenueAmt
CY Total Revenue$25,702,929CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$9,826,699PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$10,969,705CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$11,968,509PYOtherExpensesAmt
CY Other Expenses$12,557,008CYOtherExpensesAmt
PY Total Expenses$21,795,208PYTotalExpensesAmt
CY Total Expenses$23,526,713CYTotalExpensesAmt
PY Revenues Less Expenses$2,245,430PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,176,216CYRevenuesLessExpensesAmt
Total Assets BOY$572,986,900TotalAssetsBOYAmt
Total Assets EOY$630,786,090TotalAssetsEOYAmt
Total Liabilities BOY$530,812,721TotalLiabilitiesBOYAmt
Total Liabilities EOY$586,074,756TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$42,174,179NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$44,711,334NetAssetsOrFundBalancesEOYAmt
MissionCREDIT UNIONMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$3,493,620ExpenseAmt
Revenue$19,034,806RevenueAmt
DescMAINTENANCE OF MEMBER DEPOSIT ACCOUNTS. NUMBER OF DEPOSIT ACCOUNTS IS 94,255. MAKING LOANS TO MEMBERS AT MARKET RATES OF INTEREST. NUMBER OF LOAN ACCOUNTS IS 20,387.Desc
Total Program Service Expenses$3,493,620TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document10881IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee213EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersYes (true)LocalChaptersInd
Policies Reference ChaptersYes (true)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSCOTT MAC KNIGHTPersonNm
Phone6038892470PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line133 FRANKLIN STREETAddressLine1Txt
CityNASHUACityNm
State AbbreviationNHStateAbbreviationCd
ZIP03064ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MAURICE SIMARD
CEO AND TREA40.00Yes (X)Yes (X)$488,591$0$17,285
DAVID DEGULIS
DIRECTOR1.00Yes (X)$0$0$0
NORMAN HOLDER
CHAIRPERSON1.00Yes (X)Yes (X)$0$0$0
MARK RICHARDSON
VICE CHAIRPE1.00Yes (X)Yes (X)$0$0$0
REBECCA MACLENNAN
SECRETARY1.00Yes (X)Yes (X)$0$0$0
MARGO COMPAGNA
DIRECTOR1.00Yes (X)$0$0$0
ROBERT DUHAIME
DIRECTOR1.00Yes (X)$0$0$0
DAVID FREDETTE
DIRECTOR1.00Yes (X)$0$0$0
ROBERT DEMERS
DIRECTOR1.00Yes (X)Yes (X)$0$0$0
MARK WARNER
EXECUTIVE VP40.00Yes (X)$411,227$0$75,426
RICHARD LAVOIE
VP OF MARKET40.00Yes (X)$245,557$0$17,230
PAMELA FORD
VP OF LENDIN40.00Yes (X)$194,064$0$33,080
CLAYTON RUSH JR
VP OF HR40.00Yes (X)$114,573$0$15,940
GARY M JANINDA
VP OF IS40.00Yes (X)$110,785$0$48,799
JOHN ZIEMBBA
SVP COMMLEND40.00Yes (X)$108,444$0$19,341
SCOTT MAC KNIGHT
VP OF FINANC40.00Yes (X)$96,445$0$17,621
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,769,686TotalReportableCompFromOrgAmt
Total Other Compensation$244,722TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
HARVARD PILGRIM HEALTH CARE
PO BOX 970050BOSTONMA02297HEALTH INSUR$1,179,445
DIGITAL INSIGHT
PO BOX 740641LOS ANGELESCA900740641CORE OPER SYST$646,151
MAPLE LEAF CONSTRUCTION
5 CONGRESS STREETNASHUANH03062CONSTRUCTION$541,622
FAIRPOINT COMMUNICATIONS
PO BOX 11021LEWISTONME042439472UTILITIES$490,209
FISERV
PO BOX 99924GRAOEVINETX760999724IT$476,712
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K20CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescLOAN INCOMEDesc
Total Revenue Column$19,034,806TotalRevenueColumnAmt
Related Or Exempt Func Income$19,034,806RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$19,034,806TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$805,539TotalRevenueColumnAmt
Related Or Exempt Func Income$805,539RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$5,138,420SecuritiesAmt
Other$6,276,054OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$4,906,784SecuritiesAmt
Other$6,139,920OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$231,636SecuritiesAmt
Other$136,134OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$367,770TotalRevenueColumnAmt
Related Or Exempt Func Income$367,770RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBER FEES & CHARGES$4,559,413$4,559,413
OTHER INCOME$469,840$469,840
FAS91 ORIGINATION FEES$267,784$267,784

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$197,777TotalRevenueColumnAmt
Related Or Exempt Func Income$78,088RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$119,689UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Other Revenue Total$5,494,814OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$25,702,929TotalRevenueColumnAmt
Related Or Exempt Func Income$25,583,240RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$119,689UnrelatedBusinessRevenueAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,014,408TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$6,758,506TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,610,923TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$585,868TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$19,957TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$141,787TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$201,429TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,693,535TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,344,249TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$982,805TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$153,478TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,136,359TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$865,990TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$118,360TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PROVISION FOR LOAN LOSS$737,100
LOAN SERVICING$286,733
EQUIPMENT MAINTENANCE$200,371
MISCELLANEOUS$143,538

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$531,317TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$23,526,713TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$7,726,136BOYAmt
EOY$7,276,489EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$13,666,845BOYAmt
EOY$15,616,112EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$1,466,799BOYAmt
EOY$1,418,971EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$492,323,647BOYAmt
EOY$536,531,243EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,030,699BOYAmt
EOY$2,842,335EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$21,938,234LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$12,317,513LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$9,161,186BOYAmt
EOY$9,620,721EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$29,767,876BOYAmt
EOY$39,954,810EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$3,832,400BOYAmt
EOY$4,022,200EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$14,011,312BOYAmt
EOY$13,503,209EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$572,986,900BOYAmt
EOY$630,786,090EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$582,035BOYAmt
EOY$711,588EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$147,437BOYAmt
EOY$128,966EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$65,566,297BOYAmt
EOY$64,679,268EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$464,516,952BOYAmt
EOY$520,554,934EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$530,812,721BOYAmt
EOY$586,074,756EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$42,174,179BOYAmt
EOY$44,711,334EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$42,174,179BOYAmt
EOY$44,711,334EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$572,986,900BOYAmt
EOY$630,786,090EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,176,216ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$13,881NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$374,820OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,929,202OtherCostOrOtherBasisAmt
Book Value$1,929,202BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,844,249OtherCostOrOtherBasisAmt
Depreciation$2,016,864DepreciationAmt
Book Value$4,827,385BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,452,348OtherCostOrOtherBasisAmt
Depreciation$1,280,253DepreciationAmt
Book Value$1,172,095BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,500,789OtherCostOrOtherBasisAmt
Depreciation$8,964,969DepreciationAmt
Book Value$1,535,820BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$211,646OtherCostOrOtherBasisAmt
Depreciation$55,427DepreciationAmt
Book Value$156,219BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$9,620,721TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
SHARES AND DEPOSIT ACCOUNTS$516,145,529
DEFERRED INCOME$2,542,081
TREASURY DRAFT DUE$1,816,384
OTHER LIABILITIES$50,940
FieldValueIRS element (for citing)
Total Liability$520,554,934TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$25,702,929TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$25,702,929RevenueSubtotalAmt
Total Revenue Per Form990$25,702,929TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$23,526,713TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$23,526,713ExpensesSubtotalAmt
Total Expenses Per Form990$23,526,713TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 2, PART IV, LINE 2BFormAndLineReferenceDesc
ExplanationMORTGAGE ESCROW ACCOUNTS HELD FOR THE PAYMENT OF REAL ESTATE TAXES FOR MUNICIPALITIES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountOther Compensation Filing OrgOtherCompensationFilingOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmt
MAURICE SIMARD
CEO AND TREASURER$414,025$31,783$42,783$17,285$505,876
MARK WARNER
EXECUTIVE VP$396,470$14,757$23,313$486,653$52,113
RICHARD LAVOIE
VP OF MARKETING$239,820$5,737$17,230$262,787
PAMELA FORD
VP OF LENDING$187,830$6,234$17,840$227,144$15,240
GARY M JANINDA
VP OF IS$104,656$6,129$27,102$159,584$21,697

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (14 entries)

Relationship With OrgRelationshipWithOrgTxtLoan PurposeLoanPurposeTxtLoan From OrganizationLoanFromOrganizationIndOriginal PrincipalOriginalPrincipalAmtBalance DueBalanceDueAmtDefaultDefaultIndBoard Or Committee ApprovalBoardOrCommitteeApprovalIndWritten AgreementWrittenAgreementInd
DANIELSON REALTY TRUST-NORMAN HOLDE
DIRECTORLOANYes (X)$498,000$406,378falseYes (true)Yes (true)
MARK WARNER
OFFICERLOANYes (X)$330,000$249,369falseYes (true)Yes (true)
ROBERT DUHAIME
DIRECTORLOANYes (X)$235,000$222,264falseYes (true)Yes (true)
MARK WARNER
OFFICERLOANYes (X)$153,830$170,478falseYes (true)Yes (true)
REBECCA MACLENNAN
DIRECTORLOANYes (X)$76,032$69,768falseYes (true)Yes (true)
MAURICE SIMARD JR
DIRECTORLOANYes (X)$450,000$69,576falseYes (true)Yes (true)
NORMAN HOLDER
DIRECTORLOANYes (X)$74,000$66,957falseYes (true)Yes (true)
ROBERT DUHAIME
DIRECTORLOANYes (X)$40,077$58,893falseYes (true)Yes (true)
MARK WARNER
OFFICERLOANYes (X)$137,750$39,418falseYes (true)Yes (true)
MAURICE SIMARD JR
DIRECTORLOANYes (X)$23,955$22,231falseYes (true)Yes (true)
MARK WARNER
OFFICERLOANYes (X)$36,206$15,747falseYes (true)Yes (true)
MARK WARNER
OFFICERLOANYes (X)$2,000$14,492falseYes (true)Yes (true)
DAVID FREDETTE
DIRECTORLOANYes (X)$10,000$9,928falseYes (true)Yes (true)
NORMAN HOLDER
DIRECTORLOANYes (X)$500$3,472falseYes (true)Yes (true)
FieldValueIRS element (for citing)
Total Balance Due$1,418,971TotalBalanceDueAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART IIFormAndLineReferenceDesc
ExplanationMARK WARNER FROM 36,206 15,747 LOAN ( ) IN DEFAULT (X) APPROVED BY BOARD/COMMITTEE (X) WRITTEN AGREEMENT MARK WARNER FROM 2,000 14,492 LOAN ( ) IN DEFAULT (X) APPROVED BY BOARD/COMMITTEE (X) WRITTEN AGREEMENT DAVID FREDETTE FROM 10,000 9,928 LOAN ( ) IN DEFAULT (X) APPROVED BY BOARD/COMMITTEE (X) WRITTEN AGREEMENT NORMAN HOLDER FROM 500 3,472 LOAN ( ) IN DEFAULT (X) APPROVED BY BOARD/COMMITTEE (X) WRITTEN AGREEMENTExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 6PERSONS WHO MEET THE REQUIREMENTS OF THE ORGANIZATION'S FIELD OF MEMBERSHIP WHO HOLD AT LEAST ONE SHARE OF THE CAPITAL.
FORM 990, PAGE 6, PART VI, LINE 7AEACH MEMBER HAS A VOTE AT THE ELECTIONOFTHE BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 7BANY CHANGES TO THE INCORPORATING DOCUMENTS, IE. BYLAWS ARE APPROVED BY THE MEMBERSHIP.
FORM 990, PAGE 6, PART VI, LINE 11BNO. DUE TO THE TIMING OF THE BOARD MEETING WE WILL NOT BE ABLE TO PRESENT IT TO THEM FOR REVIEW. IT WILL BE PRESENTED AT THE NEXT BOARD MEETING. THE FORM 990 IS PRESENTED BY THE TREASURER/PRESIDENT TO THE BOARD OF DIRECTORS. EACH LINE ITEM IS DISCUSSED.
FORM 990, PAGE 6, PART VI, LINE 12CREVIEWED ANNUALLY.
FORM 990, PAGE 6, PART VI, LINE 15ATHE PERSONNEL COMMITTEE WHICH IS MADE UP OF SELECTED BOARD MEMBERS MEET IN THE FOURTH QUARTER OF EVERY YEAR TO REVIEW DATA PRESENTED BY THE VP OF HUMAN RESOURCES. THE DATA REVIEWED IS OBTAINED BY A THIRD PARTY WHO ANALYZE JOB POSITIONS BASED ON THE SAME RESPONSIBILITY CRITERIA. THIS INFORMATION IS USED TO DETERMINE SALARIES FOR ALL OTHER POSITIONS AS WELL. GENERALLY, SALARIES RANGE BETWEEN 80% AND 120% OF THE PAY SCALE PROVIDED. THE COMMITTEE SUBSEQUENTLY MAKES A RECOMMENDATION TO THE FULL BOARD OF DIRECTORS. NOTE: THE COMPENSATION PROVIDER'S DATA IS COLLECTED FROM SEVERAL WELL KNOWN SALARY SURVEYS.
FORM 990, PAGE 6, PART VI, LINE 15BTHE PERSONNEL COMMITTEE WHICH IS MADE UP OF SELECTED BOARD MEMBERS MEET IN THE FOURTH QUARTER OF EVERY YEAR TO REVIEW DATA PRESENTED BY THE VP OF HUMAN RESOURCES. THE DATA REVIEWED IS OBTAINED BY A THIRD PARTY WHO ANALYZE JOB POSITIONS BASED ON THE SAME RESPONSIBILITY CRITERIA. THIS INFORMATION IS USED TO DETERMINE SALARIES FOR ALL OTHER POSITIONS AS WELL. GENERALLY, SALARIES RANGE BETWEEN 80% AND 120% OF THE PAY SCALE PROVIDED. THE COMMITTEE SUBSEQUENTLY MAKES A RECOMMENDATION TO THE FULL BOARD OF DIRECTORS. NOTE: THE COMPENSATION PROVIDER'S DATA IS COLLECTED FROM SEVERAL WELL KNOWN SALARY SURVEYS.
FORM 990, PAGE 6, PART VI, LINE 19INFORMATION IS POSTED AT CREDIT UNION BRANCHES AND AVAILABLE UPON REQUEST AND AT THE ANNUAL MEETING.
FORM 990, PART XI, LINE 9CHANGE IN PENSION OBLIGATION 187,269 0 ST. JOE'S EQUITY 73,162 ST JOE'S EQUITY 384,669 381 MAIN STREET LOSS -270,280 TOTAL 374,820

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1VALLEY-WILLOW LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line133 FRANKLIN STREETAddressLine1Txt
CityNASHUACityNm
State AbbreviationNHStateAbbreviationCd
ZIP03064ZIPCd
FieldValueIRS element (for citing)
EIN205885999EIN
Primary ActivitiesLEASE PROPPrimaryActivitiesTxt
Legal Domicile StateNHLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1TRIANGLEBusinessNameLine1Txt
Business Name Line2CREDIT UNIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (true)ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1VALLEY-WILLOW LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line133 FRANKLIN STREETAddressLine1Txt
CityNASHUACityNm
State AbbreviationNHStateAbbreviationCd
ZIP03064ZIPCd
FieldValueIRS element (for citing)
EIN205885999EIN
Primary ActivitiesLEASE PROPPrimaryActivitiesTxt
Legal Domicile StateNHLegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Entity TypeC CORPEntityTypeTxt
Controlled OrganizationYes (true)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (true)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1VALLEY-WILLOW LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeKTransactionTypeTxt
Involved$55,362InvolvedAmt
Method Of Amount DeterminationMARKETMethodOfAmountDeterminationTxt