ST ANNES CREDIT UNION OF FALL RIVER MASS: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- ST ANNES CREDIT UNION OF FALL RIVER MASS (EIN 04-2128094)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-08-21
- IRS object ID
- 201512339349300101
- Schema version
- 2014v5.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-08-21T06:43:40-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOLF & COMPANY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 HIGH STREET 21ST FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042128094 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | St Anne's Credit Union of Fall River | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ROBERT CAMARA CFO | InCareOfNm |
| Business Name Control | STAN | BusinessNameControlTxt |
| Phone | 5083247300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 286 Oliver Street | AddressLine1Txt |
| Address Line2 | Suite | AddressLine2Txt |
| City | Fall River | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 027242998 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Robert J Camara | PersonNm |
| Person Title | SVP/CFO | PersonTitleTxt |
| Phone | 5083247300 | PhoneNum |
| Signature | 2015-08-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Michael J Rowe CPA | PreparerPersonNm |
| PTIN | P00535831 | PTIN |
| Phone | 6174399700 | PhoneNum |
| Preparation | 2015-08-20 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Robert Camara | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 286 Oliver Street | AddressLine1Txt |
| City | Fall River | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 027242998 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $56,440,074 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1935 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | ST ANNES CREDIT UNION MISSION IS TO PROVIDE A SOUND, CHECKING, SAVINGS, INVESTMENTS AND RETIREMENT ACCOUNTS, WITH OUR WIDE SELECTION OF HOME FINANCING PROGRAMS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 238 | TotalEmployeeCnt |
| Total Volunteers | 9 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $21,211,124 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $21,840,796 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,580,340 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,240,151 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,053,718 | PYOtherRevenueAmt |
| CY Other Revenue | $4,074,568 | CYOtherRevenueAmt |
| PY Total Revenue | $27,845,182 | PYTotalRevenueAmt |
| CY Total Revenue | $28,155,515 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $9,906,955 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,233,414 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $16,024,988 | PYOtherExpensesAmt |
| CY Other Expenses | $15,309,510 | CYOtherExpensesAmt |
| PY Total Expenses | $25,931,943 | PYTotalExpensesAmt |
| CY Total Expenses | $25,542,924 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,913,239 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,612,591 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $821,973,826 | TotalAssetsBOYAmt |
| Total Assets EOY | $835,105,583 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $746,607,662 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $756,824,913 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $75,366,164 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $78,280,670 | NetAssetsOrFundBalancesEOYAmt |
| Mission | ST ANNE'S CREDIT UNION'S MISSION IS TO PROVIDE A SOUND, SAFE PLACE FOR CHECKING, SAVINGS, INVESTMENTS AND RETIREMENT ACCOUNTS, WITH OUR WIDE SELECTION OF HOME FINANCING PROGRAMS, ST. ANNE'S CREDIT UNION IS THE NUMBER ONE CREDIT UNION MORTGAGE LENDER IN BRISTOL COUNTY. WE ALSO PROVIDE FIANANCING FOR NEW AND USED CARS, TRUCKS, AND VANS, HIGHER EDUCATION, MAJOR PURCHASES, HOME IMPROVEMENTS, AND MORE. ST. ANNE'S CREDIT UNION IS A LOCAL FINANCIAL INSTITUTION WITH DEEP ROOTS IN THE AREA AND SINCERELY CARES ABOUT OUR MEMBERS WHO ARE OUR OWNERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | St. Anne's Credit Union is a Cooperative Owned, directed by, and dedicated to its members. At the end of 2014, The Credit Union had $700 Million share accounts, $631 Million in loans to members | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 24337 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 238 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT CAMARA CFO | PersonNm |
| Phone | 5083247300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 286 OLIVER STREET | AddressLine1Txt |
| City | FALL RIVER | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 027242998 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| ALBERT MERCIER | |||||||||
| director | 1.0 | 0.0 | Yes (X) | $0 | $0 | $4,701 | |||
| BERNARD G THEROUX | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $46 | |||
| WILLIAM R BOUCHARD | |||||||||
| Chairman of the board | 1.0 | 0.0 | Yes (X) | $19,396 | $0 | $3,115 | |||
| ARTHUR L MIRANDA | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $2,513 | |||
| JOSEPH R J CASTONGUAY | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $4,566 | |||
| JOSEPH V BENEVIDES JR | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $258 | $0 | $5,047 | |||
| ANTHONY G D'ADAMO | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $4,673 | |||
| BRUCE E FERNANDES | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $258 | $0 | $5,047 | |||
| SIMONE GARANT | |||||||||
| Director\treasurer\Clerk | 1.0 | 0.0 | Yes (X) | $12,750 | $0 | $3,740 | Yes (X) | ||
| JOHN R LEDWIDGE | |||||||||
| vice Chairman of board | 1.0 | 0.0 | Yes (X) | $15,430 | $0 | $18,062 | |||
| COLLEEN BRADY O'NEIL | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $90 | $0 | $4,999 | |||
| BERNARD J MCDONALD III | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $92 | $0 | $2,087 | |||
| ROSS R UPTON | |||||||||
| PRESIDENT/CEO | 40.0 | 0.0 | $364,665 | $0 | $193,655 | Yes (X) | |||
| Michelle Marcos | |||||||||
| VP Human Resources | 40.0 | 0.0 | $86,963 | $0 | $14,159 | Yes (X) | |||
| PAULETTE J SWEENEY | |||||||||
| Auditor | 40.0 | 0.0 | $42,480 | $0 | $6,850 | Yes (X) | |||
| RICHARD BEAULIEU | |||||||||
| VICE PRESIDENT | 40.0 | 0.0 | $88,001 | $0 | $14,155 | Yes (X) | |||
| John Caliguri | |||||||||
| Senior Vice Lending | 40.0 | 0.0 | $167,613 | $0 | $14,930 | Yes (X) | |||
| Robert J Camara | |||||||||
| Chief Financial Officer | 40.0 | 0.0 | $169,415 | $0 | $14,930 | Yes (X) | |||
| Gerald F Rego | |||||||||
| VP Commercial Lending | 40.0 | 0.0 | $131,437 | $0 | $14,528 | Yes (X) | |||
| Maureen Terranova | |||||||||
| VP Information Systems | 40.0 | 0.0 | $107,676 | $0 | $13,553 | Yes (X) | |||
| Rico A Conforti | |||||||||
| Loan Originator | 40.0 | 0.0 | $121,065 | $0 | $7,072 | Yes (X) | |||
| Jean Correia | |||||||||
| Loan Originator | 40.0 | 0.0 | $111,407 | $0 | $14,707 | Yes (X) | |||
| Martin E Treadup | |||||||||
| Loan Originator | 40.0 | 0.0 | $132,500 | $0 | $1,255 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,571,496 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $368,390 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| COLLINS CONSTRUCTION CO INC | |||||
| 33 SWINDELLS ST | FALL RIVER | MA | 02723 | CONSTRUCTION | $265,950 |
| JOHN C FARRISSEY ASSOCIATES | |||||
| 942 COUNTY ST | SOMERSET | MA | 02726 | LEGAL SERVICES | $570,587 |
| SUNDIN ASSOCIATES INC | |||||
| 34 MAIN STREET 3RD FLOOR | NATICK | MA | 01760 | MARKETING | $635,753 |
| FISERV INC | |||||
| 255 FISERV DRIVE | BROOKFIELD | WI | 53045 | TECHNOLOGY SOLUTIONS | $216,249 |
| Red Hawk Fire Security | |||||
| PO BOX 677671 | DALLAS | TX | 75267 | equip & maintenance | $192,704 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 15 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBER LOAN INTEREST | Desc |
| Total Revenue Column | $21,840,796 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $21,840,796 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $21,840,796 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,466,862 | TotalRevenueColumnAmt |
| Exclusion | $1,466,862 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $4,800 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $4,800 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,800 | TotalRevenueColumnAmt |
| Exclusion | $4,800 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $28,318,894 | SecuritiesAmt |
| Other | $738,954 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $28,284,559 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $34,335 | SecuritiesAmt |
| Other | $738,954 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $773,289 | TotalRevenueColumnAmt |
| Exclusion | $773,289 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| OTHER LOAN FEES | $2,063,636 | $2,063,636 |
| NOW/CHECKING | $1,768,176 | $1,768,176 |
| SAFE DEPOSIT FEES | $104,505 | $104,505 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $133,451 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $133,451 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $4,069,768 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,155,515 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $25,910,564 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $2,244,951 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,206,526 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,158,178 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $615,773 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,611,803 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $641,134 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $288,568 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,765 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $432,003 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,212,793 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,039,723 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,208,026 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,620,011 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,718 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,580 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,144,983 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,395,764 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,604 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| ATM & BANK CHARGES | $995,916 |
| LOAN LOSS PROVISION | $600,000 |
| OREO EXPENSES | $149,876 |
| LOAN EXPENSES | $122,964 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $699,216 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,542,924 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,708,517 | BOYAmt |
| EOY | $5,137,698 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,520,334 | BOYAmt |
| EOY | $36,873,105 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $590,295,873 | BOYAmt |
| EOY | $630,958,382 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $387,756 | BOYAmt |
| EOY | $357,016 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $27,637,604 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $13,205,486 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,107,622 | BOYAmt |
| EOY | $14,432,118 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,905,086 | BOYAmt |
| EOY | $130,256,871 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,048,638 | BOYAmt |
| EOY | $17,090,393 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $821,973,826 | BOYAmt |
| EOY | $835,105,583 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $818,962 | BOYAmt |
| EOY | $1,518,129 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,696,361 | BOYAmt |
| EOY | $1,945,478 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $744,092,339 | BOYAmt |
| EOY | $753,361,306 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $746,607,662 | BOYAmt |
| EOY | $756,824,913 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,366,164 | BOYAmt |
| EOY | $78,280,670 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,366,164 | BOYAmt |
| EOY | $78,280,670 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $821,973,826 | BOYAmt |
| EOY | $835,105,583 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,612,591 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $619,552 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$317,637 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $3,706,096 | OtherCostOrOtherBasisAmt |
| Book Value | $3,706,096 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $16,006,544 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,661,225 | DepreciationAmt |
| Book Value | $8,345,319 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,651,237 | OtherCostOrOtherBasisAmt |
| Depreciation | $903,753 | DepreciationAmt |
| Book Value | $747,484 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $3,067,952 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,532,428 | DepreciationAmt |
| Book Value | $535,524 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $3,205,775 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,108,080 | DepreciationAmt |
| Book Value | $1,097,695 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $14,432,118 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| CREDIT UNION MEMBER DEPOSITS | $699,875,829 |
| FNMA CUSTODIAL | $210,732 |
| OTHER LIABILITIES | $136,245 |
| FHLB ADVANCES | $53,138,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $753,361,306 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $28,150,715 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $28,150,715 | RevenueSubtotalAmt |
| Other Revenues Not Included | $4,800 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $4,800 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $28,155,515 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $25,538,124 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $25,538,124 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $4,800 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $4,800 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $25,542,924 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D PAGE 4 PART XI LINE 4B - Reclass of rental income | For 990 reporting purposes, income from rents which is reported as an adjustment to related occupancy expenses for audit purposes is reclassed to income. $4,800 |
| SCHEDULE D PAGE 4 PART XII LINE 2D - Reclass of rental income | For 990 reporting purposes, income from rents which is reported as an adjustment to related occupancy expenses for audit purposes is reclassed to income. $4,800 |
| SCHEDULE D PART IV LINE 2(B) - Escrow accounts | St. Anne's Credit Union as part of loan operations collects payments from borrowers to be held in escrow to pay real estate taxes and home owners insurance premiums. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROSS R UPTON | ||||||||||||||
| PRESIDENT/CEO | $357,165 | $0 | $0 | $0 | $7,500 | $0 | $178,729 | $0 | $14,926 | $0 | $558,320 | $0 | $0 | $0 |
| John Caliguri | ||||||||||||||
| Senior Vice Lending | $167,613 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14,930 | $0 | $182,543 | $0 | $0 | $0 |
| Robert J Camara | ||||||||||||||
| Chief Financial Officer | $169,415 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14,930 | $0 | $184,345 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule J Page 1 Part I Line 4B - 457 plans | FormAndLineReferenceDesc |
| Explanation | The Credit Union has a supplemental retirement agreement with the CEO, which provides for payments upon attaining the retirement age noted in the agreement. A portion of the retirement benefits, as defined in the agreement, is accrued by charges to compensation expense over the CEOs term of employment taking into consideration vesting. Total expense in connection with the agreement for the years ended December 31, 2014 and 2013 amounted to $178,729 and $160,563, respectively. | ExplanationTxt |
Schedule L IRS990ScheduleL
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Loans to Officers and Directors and their affiliates | FormAndLineReferenceDesc |
| Explanation | In the ordinary course of business, the credit union has granted loans to officers and directors and their affiliates. such loans amounted to $1,330,000 and $1,375,000 at December 31, 2014, and 2013, respectively. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part IV, Line 26 - Officer Loans | Some of the officers and directors have loans outstanding with the Credit Union. Theses loans were made in the ordinary course of business of the Credit Union on the same terms available to all members. |
| Part VI, Section A, Lines 6, 7A, & 7B - Members | Line 6 - The credit union is a members only credit union accepting members from Greater Fall River, Bristol, Plymouth or Barnstable Counties. Line 7a & 7b - The members vote for the board of directors at the annual meeting and for all business presented at the annual meeting |
| Part VI, Section B, Line 11 - Reviiew of From 990 | The Board of Directors has delegated the responsibility to review approve and sign the Form 990 to the CEO or CFO. The board is provided a copy of the 990 upon request. |
| Part VI, Section B, Lines 12A, 12B & 12C - Conflict of Interest Policy | The Credit Union has a conflict of interest policy. Each year all employees and directors must disclose any conflicts to the board which is responsible to see that all conflicts are resolved. |
| Part VI, Section B, Line 15A - Board of Approval of Officers Salary | The board approves the employment contract of the CEO after review of CEOs performance and other criteria. |
| Part VI, Section C, Line 19 - | Public Access to Corporate Governance Documents The organizational governing documents, financial statements and Form 990 are available upon request to the general public. |
| Part XI, Line 9 - Other Changes to Net Assets | Net Chnage in gain/loss and transition obligation on defined benefit plan FAS 158 (317,637) |