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TRIANGLE CREDIT UNION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
TRIANGLE CREDIT UNION (EIN 02-0223137)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-08-14
IRS object ID
201422269349301267
Schema version
2013v3.1
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)
Return2014-08-14T08:00:22-07:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ROBERT ANDERSON & COMPANY PCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1138 DODGE STAddressLine1
CityBEVERLYCity
StateMAState
ZIP Code019151866ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN020223137EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TRIANGLE CREDIT UNIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlTRIABusinessNameControlTxt
Phone6038892470PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line133 FRANKLIN STREETAddressLine1
CityNASHUACity
StateNHState
ZIP Code03064ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonA SCOTT MACKNIGHTPersonNm
Person TitleVP of FinancePersonTitleTxt
Signature2014-08-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRobert AndersonPreparerPersonNm
PTINP01462745PTIN
Phone9782329300PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$24,199,786GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
All Affiliates IncludedfalseAllAffiliatesIncludedInd
Organization501cYes (X)Organization501cInd
Website AddressTRIANGLECU.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Activity Or MissionCREDIT UNIONActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee204TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$102,527TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$51,876NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$17,166,106PYProgramServiceRevenueAmt
CY Program Service Revenue$16,783,405CYProgramServiceRevenueAmt
PY Investment Income$1,752,577PYInvestmentIncomeAmt
CY Investment Income$1,029,462CYInvestmentIncomeAmt
PY Other Revenue$4,243,594PYOtherRevenueAmt
CY Other Revenue$4,717,314CYOtherRevenueAmt
PY Total Revenue$23,162,277PYTotalRevenueAmt
CY Total Revenue$22,530,181CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,253,869PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$8,769,234CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$12,158,277PYOtherExpensesAmt
CY Other Expenses$11,808,836CYOtherExpensesAmt
PY Total Expenses$20,412,146PYTotalExpensesAmt
CY Total Expenses$20,578,070CYTotalExpensesAmt
PY Revenues Less Expenses$2,750,131PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,952,111CYRevenuesLessExpensesAmt
Total Assets BOY$487,413,079TotalAssetsBOYAmt
Total Assets EOY$507,845,907TotalAssetsEOYAmt
Total Liabilities BOY$450,234,718TotalLiabilitiesBOYAmt
Total Liabilities EOY$468,037,249TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$37,178,361NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$39,808,658NetAssetsOrFundBalancesEOYAmt
MissionCREDIT UNIONMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$3,875,592ExpenseAmt
DescMAINTENENCE OF MEMBER DEPOSIT ACCOUNTS - 81,161 ACCOUNTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Revenue$16,783,405RevenueAmt
DescMAKING LOANS TO MEMEBERS AT MARKET RATES OF INTEREST. NUMBER OF ACCOUNTS - 15,928.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,875,592TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
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
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
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
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document10967IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee204EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Org Filed In Lieu Of Form1041falseOrgFiledInLieuOfForm1041Ind
Licensed More Than One StatefalseLicensedMoreThanOneStateInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
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 ApprovafalseDecisionsSubjectToApprovaInd
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
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 STREETAddressLine1
CityNASHUACity
StateNHState
ZIP Code03064ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
NORMAN HOLDER
Chairman1.000.00Yes (X)Yes (X)$0$0$0
MAURICE D SIMARD JR
Treasurer40.000.00Yes (X)Yes (X)$387,112$0$57,229
REBECCA S MACLENNAN
Director1.000.00Yes (X)$0$0$0
MARK RICHARDSON
1ST VP1.000.00Yes (X)$0$0$0
MARGO COMPAGNA
Secretary1.000.00Yes (X)Yes (X)$0$0$0
DAVID C DEGULIS
2nd Vice Pres.2.000.00Yes (X)Yes (X)$0$0$0
MITCHELL P UTELL
Director1.000.00Yes (X)$0$0$0
MARK WARNER
EXECUTIVE VP40.000.00Yes (X)$201,421$0$40,402
RICHARD LAVOIE
VP OF MARKETING40.000.00$100,014$0$30,127Yes (X)
CLAYTON RUSH JR
VP OF HR40.000.00$107,673$0$40,573Yes (X)
PAMELA FORD
VP OF LENDING40.000.00$108,193$0$25,960Yes (X)
GARY M JANINDA
VP OF IS40.000.00$108,161$0$32,707Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,012,574TotalReportableCompFromOrgAmt
Total Other Compensation$226,998TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1CityContractorAddress/USAddress/CityStateContractorAddress/USAddress/StateZIP CodeContractorAddress/USAddress/ZIPCodeServicesServicesDescCompensationCompensationAmt
MAPLE LEAF CONSTRUCTION CO INC
5 CONGRESS STNASHUANH03062CONSTRUCTION$1,142,094
XP SYSTEMS
75 REMITTANCE DRIVE SUITE 6963CHICAGOIL60675IT$295,208
DIGITAL INSIGHT
PO BOX 515306LOS ANGELESCA90051IT$662,342
ANTHEM BLUE CROSS BLUE SHIELD
PO BOX 1168NEWARKNJ07101HEALTH INSURANACE$1,085,424
DELL MARKETING
PO BOX 643561PITTSBURGPA152643561IT$217,616
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K17CntrctRcvdGreaterThan100KCnt
Total Contributions$0TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescLOAN INCOMEDesc
Business522291BusinessCd
Total Revenue Column$16,783,405TotalRevenueColumnAmt
Related Or Exempt Func Income$16,783,405RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$16,783,405TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$942,512TotalRevenueColumnAmt
Related Or Exempt Func Income$942,512RelatedOrExemptFuncIncomeAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,290,490SecuritiesAmt
Other$466,065OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,164,164SecuritiesAmt
Other$505,441OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$126,326SecuritiesAmt
Other-$39,376OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$86,950TotalRevenueColumnAmt
Related Or Exempt Func Income$86,950RelatedOrExemptFuncIncomeAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FAS91 NET ORIGINATION FEE900099$135,657$135,657
MEMBER FEES & CHARGES900099$3,713,288$3,713,288
OTHER INCOME900099$648,087$648,087

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$220,282TotalRevenueColumnAmt
Related Or Exempt Func Income$117,755RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$102,527UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,717,314OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,530,181TotalRevenueColumnAmt
Related Or Exempt Func Income$22,427,654RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$102,527UnrelatedBusinessRevenueAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,239,572TotalAmt
Management And General$1,239,572ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,760,847TotalAmt
Management And General$5,760,847ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$151,095TotalAmt
Management And General$151,095ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,086,729TotalAmt
Management And General$1,086,729ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$530,991TotalAmt
Management And General$530,991ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$17,872TotalAmt
Management And General$17,872ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$118,205TotalAmt
Management And General$118,205ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$212,944TotalAmt
Management And General$212,944ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,160,251TotalAmt
Management And General$1,160,251ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,111,022TotalAmt
Management And General$1,111,022ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$826,498TotalAmt
Management And General$826,498ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$161,913TotalAmt
Management And General$161,913ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,175,760TotalAmt
Program Services$3,875,592ProgramServicesAmt
Management And General$1,300,168ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$841,556TotalAmt
Management And General$841,556ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$103,948TotalAmt
Management And General$103,948ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
PROVISION FOR LOSSES$744,900$744,900
NCUA STABILIZATION EXPENSE$251,642$251,642
LOAN SERVICING$195,960$195,960
Postage and Shipping$174,430$174,430

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$711,935TotalAmt
Management And General$711,935ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$20,578,070TotalAmt
Program Services$3,875,592ProgramServicesAmt
Management And General$16,702,478ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,947,524BOYAmt
EOY$6,064,494EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$22,433,749BOYAmt
EOY$11,109,740EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$1,419,602BOYAmt
EOY$1,260,717EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$351,571,265BOYAmt
EOY$384,849,734EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,075,174BOYAmt
EOY$2,102,917EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$18,899,520LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$9,597,950LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,719,461BOYAmt
EOY$9,301,570EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$82,644,646BOYAmt
EOY$77,023,624EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$15,601,658BOYAmt
EOY$16,133,111EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$487,413,079BOYAmt
EOY$507,845,907EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$839,015BOYAmt
EOY$492,713EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$214,813BOYAmt
EOY$323,814EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$38,000,000BOYAmt
EOY$41,154,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$411,180,890BOYAmt
EOY$426,066,722EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$450,234,718BOYAmt
EOY$468,037,249EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$37,178,361BOYAmt
EOY$39,808,658EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$37,178,361BOYAmt
EOY$39,808,658EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$487,413,079BOYAmt
EOY$507,845,907EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,952,111ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$678,186OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
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$1,660,432OtherCostOrOtherBasisAmt
Book Value$1,660,432BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,646,933OtherCostOrOtherBasisAmt
Depreciation$1,482,568DepreciationAmt
Book Value$5,164,365BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,741,897OtherCostOrOtherBasisAmt
Depreciation$1,061,073DepreciationAmt
Book Value$680,824BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$62,448OtherCostOrOtherBasisAmt
Depreciation$34,932DepreciationAmt
Book Value$27,516BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,787,810OtherCostOrOtherBasisAmt
Depreciation$7,019,377DepreciationAmt
Book Value$1,768,433BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$9,301,570TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
DEFERRED INCOME$1,237,543
OTHER LIABILITIES$71,219
SHARES AND DEPOSITS$422,873,827
TREASURY DRAFT DUE$1,884,133
FieldValueIRS element (for citing)
Total Liability$426,066,722TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$22,530,181TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$22,530,181RevenueSubtotalAmt
Total Revenue Per Form990$22,530,181TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$20,578,070TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$20,578,070ExpensesSubtotalAmt
Total Expenses Per Form990$20,578,070TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart IV, Line 2b: Explanation of escrow account liabilityFormAndLineReferenceDesc
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 (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
MARK WARNER
EXECUTIVE VP$186,093$15,328$24,619$15,783$241,823
MAURICE D SIMARD JR
Treasurer$364,070$23,042$44,903$12,326$444,341

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 1a: Relevant information in regards to selections on 1a.FormAndLineReferenceDesc

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (9 entries)

Relationship With OrgRelationshipWithOrgTxtLoan PurposeLoanPurposeTxtLoan From OrganizationLoanFromOrganizationIndOriginal PrincipalOriginalPrincipalAmtBalance DueBalanceDueAmtDefaultDefaultIndBoard Or Committee ApprovalBoardOrCommitteeApprovalIndWritten AgreementWrittenAgreementInd
MAURICE SIMARD JR
DIRECTORLOANYes (X)$450,000$216,187falseYes (true)Yes (true)
MARK WARNER
OFFICERLOANYes (X)$49,030$19,926falseYes (true)Yes (true)
MARK WARNER
OFFICERLOANYes (X)$153,830$190,400falseYes (true)Yes (true)
MARK WARNER
OFFICERLOANYes (X)$137,750$56,436falseYes (true)Yes (true)
MAURICE SIMARD JR
DIRECTORLOANYes (X)$18,000$22,082falseYes (true)Yes (true)
MARK WARNER
OFFICERLOANYes (X)$330,000$307,805falseYes (true)Yes (true)
MARK WARNER
OFFICERLOANYes (X)$7,195$2,309falseYes (true)Yes (true)
NORMAN HOLDER
DIRECTORLOANYes (X)$22,030$3,739falseYes (true)Yes (true)
DANIELSON REALTY TRUST
LOANYes (X)$498,000$441,833falseYes (true)Yes (true)
FieldValueIRS element (for citing)
Total Balance Due$1,260,717TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonHAMPSHIRE HILLS FITNESS CENTERPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionDIRECTOR BUSINESSRelationshipDescriptionTxt
Transaction$1,527TransactionAmt
TransactionROOM RENTAL FOR MEETINGTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 6: Explanation of Classes of Members or ShareholderPersons who meet the requirements of the organization's field of membership who hold at least one share of the capital.
Form 990, Part VI, Line 11b: Form 990 Review ProcessNO, DUE TO THE TIMING OF THE BOARD MEETING WE WILL NOT BE ABLE TO PRESENT IT TO THEM FOR REVIEW. IT WILL BE PRESENT AT THE NEXT BOARD MEETING.THE 990 IS PRESENTED BY THE TREASURER/PRESIDENT TO THE BOARD OF DIRECTORS. EACH LINE ITEM IS DISCUSSED.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of ConflictsREVIEWED ANNUALLY.
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top ManagementTHE PERSONNEL COMMITTEE, WHICH IS MADE UP OF 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 KNOW SALARY SURVEYS.
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key EmployeesTHE PERSONNEL COMMITTEE, WHICH IS MADE UP OF 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 KNOW SALARY SURVEYS.
Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableInformation is posted at credit union branches and available upon request and at annual meeting.
Other Changes In Net Assets Or Fund Balances - Other DecreasesCHANGE IN FAS115- UNREALIZED GAIN/LOSS = -$283547
Other Changes In Net Assets Or Fund Balances - Other IncreasesCHANGE IN PENSION OBLIGATION = $961733

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Controlled OrganizationControlledOrganizationInd
TCU MAIN STREET
110 MAIN STREETNASHUANH03060262814252LEASED PROPERTYNHTRIANGLE CREDIT UNIONYes (true)
VALLEY-WILLOW LLC
33 FRANKLIN STREETNASHUANH03064205885999LEASED PROPERTYNHTRIANGLE CREDIT UNIONYes (true)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
TCU MAIN STREET
110 MAIN STREETNASHUANH03060262814252LEASED PROPERTYNHN/ACORPYes (true)
VALLEY-WILLOW LLC
33 FRANKLIN STREETNASHUANH03064205885999LEASED PROPERTYNHN/ACORPYes (true)
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 (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
TCU MAIN STREET
k$212,911MARKET
VALLEY-WILLOW LLC
k$55,362MARKET