UNIVERSITY CREDIT UNION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: UNIVERSITY CREDIT UNION (EIN 01-6028792)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-15
IRS object ID: 201333199349305398
Schema version: 2012v2.0
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
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-15T10:42:39-08:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Macpage LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	30 Long Creek Dr	AddressLine1
City	South Portland	City
State	ME	State
ZIP Code	04106	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	016028792	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	UNIVERSITY CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	UNIV	NameControl
Phone	2078898500	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	139 RANGELEY ROAD	AddressLine1
City	ORONO	City
State	ME	State
ZIP Code	04469	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	RENEE OUELLETTE	Name
Title	VP Finance & Tech	Title
Date Signed	2013-11-15	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Brad Weller	Name
PTIN	P00285183	PTIN
Phone	2077745701	Phone
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	13006915	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c	X	Organization501c
Web Site	WWW.UCU.MAINE.EDU	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1967	YearFormation
State Legal Domicile	ME	StateLegalDomicile
Activity Or Mission Description	The purpose of University Credit Union is to provide our members, through their input and ownership, personalized financial services, while promoting the value of education in Maine.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	100	TotalNbrEmployees
Total Gross UBI	231124	TotalGrossUBI
Net Unrelated Business Txbl Income	-134329	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	11413874	ProgramServiceRevenuePriorYear
Program Service Revenue CY	12087519	ProgramServiceRevenueCY
Investment Income Prior Year	672484	InvestmentIncomePriorYear
Investment Income Current Year	688272	InvestmentIncomeCurrentYear
Other Revenue Prior Year	220641	OtherRevenuePriorYear
Other Revenue Current Year	231124	OtherRevenueCurrentYear
Total Revenue Prior Year	12306999	TotalRevenuePriorYear
Total Revenue Current Year	13006915	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	1651341	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	1373944	BenefitsPaidToMembersCY
Salaries Etc Prior Year	4503629	SalariesEtcPriorYear
Salaries Etc Current Year	4793410	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	4933895	OtherExpensePriorYear
Other Expenses Current Year	5334098	OtherExpensesCurrentYear
Total Expenses Prior Year	11088865	TotalExpensesPriorYear
Total Expenses Current Year	11501452	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	1218134	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	1505463	RevenuesLessExpensesCY
Total Assets BOY	192909871	TotalAssetsBOY
Total Assets EOY	211504702	TotalAssetsEOY
Total Liabilities BOY	174139652	TotalLiabilitiesBOY
Total Liabilities EOY	191241935	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	18770219	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	20262767	NetAssetsOrFundBalancesEOY
Mission Description	The purpose of University Credit Union is to provide our members, through their input and ownership, personalized financial services, while promoting the value of education in Maine.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	11501452	Expense
Description	The credit union has 22,887 members as of 12/31/2012. Members have access to a wide variety of low cost, high quality services.	Description
Total Program Service Expense	11501452	TotalProgramServiceExpense
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	7958	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	100	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	true	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	true	LocalChapters
Policies Reference Chapters	true	PoliciesReferenceChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	RENEE OUELLETTE	NamePerson
Telephone Number	2078898500	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	139 Rangeley Road	AddressLine1
City	Orono	City
State	ME	State
ZIP Code	04469	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
Heather Sanborn
Director	1.00	0.00	X	0	0	0
JOE ROBERTS
Director	1.00	0.00	X	0	0	0
Jay Vetelino
Director	1.00	0.00	X	0	0	0
Carolyn Cheney
Director	1.00	0.00	X	0	0	0
Hugh Morrison
Secretary	1.00	0.00	X	0	0	0	X
Ency Whitehill
Vice Chairman	1.00	0.00	X	0	0	0	X
Gerald Hayman Jr
Chairman	1.00	0.00	X	0	0	0	X
Renee Ouellette
VP of Fin/Tech	40.00	0.00		97545	0	11791	X
JOSEPH GERVAIS
EXEC VICE PRES	40.00	0.00		125335	0	62609	X
MATTHEW WALSH
President & CEO	40.00	0.00		178438	0	48750	X
Deb White
VP of HR & Oper	40.00	0.00		99624	0	48500	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	500942	TotalReportableCompFromOrg
Total Other Compensation	171650	TotalOtherCompensation
Number Individuals GT100 K	2	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
OVERDRAFT FEES	522100	1276752	1276752
LOAN INCOME FROM MEMBERS		8861431	8861431
GAIN ON SALE OF LOANS	522100	645656	645656
CHECK CARD	522100	928210	928210
ATM FEES	522100	347176	347176

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	28294	TotalRevenueColumn
Related Or Exempt Function Income	28294	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	12087519	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	688272	TotalRevenueColumn
Related Or Exempt Function Income	688272	RelatedOrExemptFunctionIncome

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Unrelated Business RevenueUnrelatedBusinessRevenue
OTHER INCOME	49215	49215
GUARANTEED ASSET PROTECT	66609	66609
ATM FEES	65873	65873

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	49427	TotalRevenueColumn
Unrelated Business Revenue	49427	UnrelatedBusinessRevenue

Field	Value	IRS element (for citing)
Total Other Revenue	231124	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	13006915	TotalRevenueColumn
Related Or Exempt Function Income	12775791	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	231124	UnrelatedBusinessRevenue

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	1373944	Total
Program Services	1373944	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	488387	Total
Program Services	488387	ProgramServices

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	3031861	Total
Program Services	3031861	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	75760	Total
Program Services	75760	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	924545	Total
Program Services	924545	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	272857	Total
Program Services	272857	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	19975	Total
Program Services	19975	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	28486	Total
Program Services	28486	ProgramServices

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	75094	Total
Program Services	75094	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	353935	Total
Program Services	353935	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	626752	Total
Program Services	626752	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	96001	Total
Program Services	96001	ProgramServices

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	0	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	0	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
NCUSIF STABILIZATION	156521	156521
LOAN SERVICE EXPENSE	375317	375317
Provision for loan losses	647326	647326
OPERATIONS EXP	2855190	2855190

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	99501	Total
Program Services	99501	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	11501452	Total
Program Services	11501452	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	5494760	BOY
EOY	9138154	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
EOY	0	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	153482873	BOY
EOY	166396226	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
EOY	0	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	9900647	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	3665580	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	6456654	BOY
EOY	6235067	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	23418797	BOY
EOY	25555142	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	4056787	BOY
EOY	4180113	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	192909871	BOY
EOY	211504702	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	2074015	BOY
EOY	2414231	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	18237381	BOY
EOY	25644233	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	153828256	BOY
EOY	163183471	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	174139652	BOY
EOY	191241935	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	18770219	BOY
EOY	20262767	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	18770219	BOY
EOY	20262767	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	192909871	BOY
EOY	211504702	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	1505463	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	-12915	ReconciliationUnrealizedInvest
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2009260	OtherCostOrOtherBasis
Book Value	2009260	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4373665	OtherCostOrOtherBasis
Depreciation	1083454	Depreciation
Book Value	3290211	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	740222	OtherCostOrOtherBasis
Depreciation	502246	Depreciation
Book Value	237976	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	75543	OtherCostOrOtherBasis
Depreciation	38997	Depreciation
Book Value	36546	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2701957	OtherCostOrOtherBasis
Depreciation	2040883	Depreciation
Book Value	661074	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	6235067	TotalOfBookValueLandBuildings
Total Of Book Value Securities	25555142	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	MEMBERS' SHARE AND SAVINGS ACCOUNT	Description
Amount	$163,183,471	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	163183471	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	13006915	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	13006915	RevenueSubtotal
Total Revenue Per Form990	13006915	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	11501452	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	11501452	ExpensesSubtotal
Total Expenses Per Form990	11501452	TotalExpensesPerForm990

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
MATTHEW WALSH
President & CEO	170774	7664	30000	18750	227188
JOSEPH GERVAIS
EXEC VICE PRES	120686	4649	41609	21000	187944

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	Sch J, Part I, Line 1a	Identifier
Return Reference	Part I, Line 1a: Relevant information in regards to selections on 1a.	ReturnReference

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	Financial statements are posted onsite at all public locations. The conflict of interest policy and governing documents are available upon request.
Form 990, Part VI, Line 15a	Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management	Compensation for the organization's President, CEO and all other employee compensation is determined with comparability data such as a compensation survey or study. The President and CEO compensation is subject to approval of the Board.
Form 990, Part VI, Line 12c	Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	A conflict of interest statement is signed and issues are addressed as they arise.
Form 990, Part VI, Line 11b	Form 990, Part VI, Line 11b: Form 990 Review Process	A COPY OF THE 990 WAS PROVIDED TO THE GOVERNING BODY WITH AVAILABLE TIME FOR REVIEW AND DISCUSSION BEFORE FILING. THE RETURN WAS REVIEWED BY THE PRESIDENT, CEO AND VICE PRESIDENT OF FINANCE AND TECHNOLOGY.
Form 990, Part VI, Line 7b	Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders	Certain decisions are subject to the approval of the members of the organization, such as the decision to merge with another entity.
Form 990, Part VI, Line 7a	Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body	Members of the governing body are nominated and when applicable voted in by members of the organization.
Form 990, Part VI, Line 6	Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder	The organization is in business to serve its members.