2017-04-18T10:38:11-05:00 2016-11-30 010242373 MACPAGE LLC 30 LONG CREEK DRIVE SOUTH PORTLAND ME 04106 990 2015-12-01 010409063 CONNECTED CREDIT UNION CONN 2076233857 PO BOX 1096 AUGUSTA ME 043321096 RICHARD LACHANCE CEO 2076233857 2017-04-09 1 BRAD WELLER P00285183 2077745701 2017-04-09 X 2015 2021-01-29 14:40:06Z RICHARD LACHANCE PO BOX 1096 AUGUSTA ME 043321096 1795948 0 X WWW.CONNECTEDCREDITUNION.ORG X 1967 ME PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES. 7 7 13 0 7128 527 0 0 1007282 1060959 75811 156538 462693 491734 1545786 1709231 0 0 88316 94297 585992 624087 0 0 0 679677 829790 1353985 1548174 191801 161057 34835579 36912914 30807346 32723624 4028233 4189290 PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES 0 0 1548174 THE CREDIT UNION HAS 3,953 MEMBERS AS OF 11/30/16. MEMBERS HAVE ACCESS TO A WIDE VARIETY OF LOW COST, HIGH QUALITY SERVICES. 1548174 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 2 0 13 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X RICHARD LACHANCE 2076233857 PO BOX 1096 AUGUSTA ME 043321096 NORMAN DAVIS CHAIRMAN 0.00 X 0 0 0 ANTHONY PAVONE TREASURER 0.00 X 0 0 0 M KEVIN RICHARDSON SECRETARY 0.00 X 0 0 0 PATRICIA HEWETT DIRECTOR 0.00 X 0 0 0 MICHAEL CLEMENTS VICE CHAIRMAN 0.00 X 0 0 0 ISAAC DYER DIRECTOR 0.00 X 0 0 0 KAREN HARRINGTON DIRECTOR 0.00 X 0 0 0 RICHARD LACHANCE CEO 40.00 X 115126 0 7124 115126 0 7124 1 0 0 0 SYNERGENT PO BOX 1236 PORTLAND ME 04104 DATA PROCESSING, MARKETING, CARD SERVICE 280928 1 LOAN INCOME FROM MEMBE 522100 1060959 1060959 1060959 96655 96655 146600 86717 59883 59883 59883 WARRANTY FEES 522100 448575 448575 OTHER INCOME 522100 36031 36031 CUNA-M/C 522100 4164 4164 2964 2964 491734 1709231 1605448 7128 96655 X 94297 122250 335073 166764 71711 66951 70416 SERVICE CHARGES 231729 COMPUTER COSTS 135747 POSTAGE 33635 PROVISION FOR LOAN LOSS 31400 188201 1548174 244465 406847 1906436 1358437 21779500 22452229 53032 72327 3468583 709422 1050401 2759161 8237000 8195000 1564745 1668913 34835579 36912914 30807346 32723624 30807346 32723624 X 0 0 0 0 4028233 4189290 4028233 4189290 34835579 36912914 161057 0 X 0 0 0 507636 507636 2543252 479585 2063667 417695 229837 187858 2759161 8195000 C 8195000 ERIC LACHANCE SON OF CEO 7761 PAYMENT FOR LANDSCAPING SERVICES 0 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAD 3,953 MEMBERS AS OF 11/30/2016. FORM 990, PART VI, SECTION A, LINE 7A ORGANIZATION HAD MEMBERS AUTHORIZED TO APPOINT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B SOME GOVERNANCE DECISIONS ARE SUBJECT TO APPROVAL BY MEMBERS, SUCH AS ELECTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 NO REVIEW WAS OR WILL BE CONDUCTED FORM 990, PART VI, SECTION B, LINE 12C IT IS PART OF THE SWEARING IN OF OFFICERS. ANNUALLY, EACH OFFICER RECEIVES A COPY OF THE POLICY AND SIGNS OFF THAT IT IS ADHERED TO. FORM 990, PART VI, SECTION B, LINE 15 WE USE A THIRD PARTY SALARY COMPARISON PROGRAM WITH UPDATED RANGES OF SALARY BASED ON JOB DESCRIPTION AND GEOGRAPHICAL LOCATION. THIS PROGRAM IS UPDATED AND REFERRED TO ANNUALLY BY A COMMITTEE OF THE BOARD FOR PURPOSES OF DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. CONFLICT OF INTEREST POLICY IS AVAILABLE FROM THE CEO. FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY AND ARE PROVIDED TO ATTENDEES AT THE ANNUAL MEETING. FORM 990, PART IX, LINE 24E MISC. OPERATING EXPENSES 31,183. OFFICE OPERATIONS EXPENSE 28,220. LOAN SERVICING EXPENSE 28,159. PROFESSIONAL SERVICES 19,218. TELEPHONE 17,482. SURETY BOND 16,472. EXAM & SUPERVISORY FEES 15,879. ASSOCIATION DUES 8,590. SERVICE CONTRACTS 8,115. BOARD EXPENSES 7,835. EDUCATION/SEMINARS 7,048.