BROOKLINE MUNICIPAL CREDIT UNION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: BROOKLINE MUNICIPAL CREDIT UNION (EIN 04-2041245)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-04-25
IRS object ID: 201211169349300201
Schema version: 2011v1.2
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 L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-04-25T05:32:36-07:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ROBERT ANDERSON & COMPANY PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	138 DODGE ST	AddressLine1
City	BEVERLY	City
State	MA	State
ZIP Code	019151866	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	042041245	EIN

Name Name

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

Field	Value	IRS element (for citing)
Name Control	BROO	NameControl
Phone	6172329410	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	334 WASHINGTON STREET	AddressLine1
City	BROOKLINE	City
State	MA	State
ZIP Code	02447	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	James P Hughes	Name
Title	CEO/TREASURER	Title
Date Signed	2012-04-25	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Robert Anderson	Name
Phone	9782329300	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	1307355	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c	X	Organization501c
Web Site	N/A	WebSite
Activity Or Mission Description	CREDIT UNION - THRIFT SERVICES	ActivityOrMissionDescription
Nbr Voting Members Governing Body	11	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	11	TotalNbrEmployees
Total Nbr Volunteers	9	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	931645	ProgramServiceRevenuePriorYear
Program Service Revenue CY	876020	ProgramServiceRevenueCY
Investment Income Prior Year	296061	InvestmentIncomePriorYear
Investment Income Current Year	296218	InvestmentIncomeCurrentYear
Other Revenue Prior Year	163052	OtherRevenuePriorYear
Other Revenue Current Year	135117	OtherRevenueCurrentYear
Total Revenue Prior Year	1390758	TotalRevenuePriorYear
Total Revenue Current Year	1307355	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	501233	SalariesEtcPriorYear
Salaries Etc Current Year	513944	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	792796	OtherExpensePriorYear
Other Expenses Current Year	724353	OtherExpensesCurrentYear
Total Expenses Prior Year	1294029	TotalExpensesPriorYear
Total Expenses Current Year	1238297	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	96729	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	69058	RevenuesLessExpensesCY
Total Assets BOY	36915722	TotalAssetsBOY
Total Assets EOY	39573140	TotalAssetsEOY
Total Liabilities BOY	32694993	TotalLiabilitiesBOY
Total Liabilities EOY	35322568	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	4220729	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	4250572	NetAssetsOrFundBalancesEOY
Mission Description	CREDIT UNION - THRIFT SERVICES	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	263483	Expense
Description	MAINTENANCE OF MEMBER SHARE AND DEPOSIT ACCOUNT. NUMBER OF ACCOUNTS 5,126.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Revenue	876020	Revenue
Description	MAKING OF LOANS TO MEMBERS. NUMBER OF ACCOUNTS 510.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	263483	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	true	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	false	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	true	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	2	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	11	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Form990-T Filed	false	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Form8886 T Filed	false	Form8886TFiled
Non Deductible Contributions	false	NonDeductibleContributions
Non Deductible Disclosure	false	NonDeductibleDisclosure
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
Form720 Filed	false	Form720Filed
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	11	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	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	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Policies Reference Chapters	false	PoliciesReferenceChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	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
Written Policy Or Procedure	false	WrittenPolicyOrProcedure
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	JAMES P HUGHES	NamePerson
Telephone Number	6172329410	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	334 WASHINGTON STREET	AddressLine1
City	BROOKLINE	City
State	MA	State
ZIP Code	02447	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
ROBIN L MAGNER
2nd Vice Chair	2.00	X	X	0	0	0
RICHARD T LEARY
Director	2.00	X		0	0	0
RALPH A PARENT
Director	2.00	X		0	0	0
MICHAEL O'REILLY
Director	2.00	X		0	0	0
JOHN CONNORS
Clerk	2.00	X	X	4200	0	128
JAMES P HUGHES
Treasurer/CEO	40.00	X	X	113045	0	15244
FRANCIS M MORONEY
Director	2.00	X		0	0	0
ELIZABETH M MELLETT
Chairman	2.00	X	X	0	0	0
DANIEL C O'LEARY
Asst. Treasurer	2.00	X	X	0	0	0
BRIAN M CLOONAN
Vice Chairman	2.00	X	X	0	0	0
ANDREW PAPPASTERGION
Director	2.00	X		0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	117245	TotalReportableCompFromOrg
Total Other Compensation	15372	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Name Business NameBusiness

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

Address Of Contractor AddressOfContractor

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1601 Trapelo Road	AddressLine1
City	Waltham	City
State	MA	State
ZIP Code	02451	ZIPCode

Field	Value	IRS element (for citing)
Description Of Services	DATA PROCESSOR	DescriptionOfServices
Compensation	110656	Compensation

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	1	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	INTEREST ON LOANS	Description
Total Revenue Column	876020	TotalRevenueColumn
Related Or Exempt Function Income	876020	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	876020	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	296218	TotalRevenueColumn
Related Or Exempt Function Income	296218	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 (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
SERVICE CHARGES & FEES	900099	77610	77610
OTHER INCOME	900099	57507	57507

Field	Value	IRS element (for citing)
Total Other Revenue	135117	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1307355	TotalRevenueColumn
Related Or Exempt Function Income	1307355	RelatedOrExemptFunctionIncome

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	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	132616	Total
Management And General	132616	ManagementAndGeneral

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	278683	Total
Management And General	278683	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	17444	Total
Management And General	17444	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	54354	Total
Management And General	54354	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	30847	Total
Management And General	30847	ManagementAndGeneral

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	0	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	21600	Total
Management And General	21600	ManagementAndGeneral

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	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	2903	Total
Management And General	2903	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	68755	Total
Management And General	68755	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	118409	Total
Management And General	118409	ManagementAndGeneral

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	35327	Total
Management And General	35327	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	2176	Total
Management And General	2176	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	263483	Total
Program Services	263483	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	19797	Total
Management And General	19797	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	9597	Total
Management And General	9597	ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral
Postage and Shipping	17953	17953
NCUA STABILIZATION EXPENE	83940	83940
EQUIPMENT MAINTENANCE	8753	8753
DUES AND SUBSCRIPTIONS	11200	11200
ATM EXPENSE	47068	47068

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	13392	Total
Management And General	13392	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1238297	Total
Program Services	263483	ProgramServices
Management And General	974814	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	366506	BOY
EOY	377173	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	18112152	BOY
EOY	19678576	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)
BOY	202839	BOY
EOY	233589	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	15632377	BOY
EOY	14475448	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)
BOY	36023	BOY
EOY	23061	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	668501	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	519135	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	136903	BOY
EOY	149366	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	2061525	BOY
EOY	4122118	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	367397	BOY
EOY	513809	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	36915722	BOY
EOY	39573140	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	90316	BOY
EOY	73464	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	45679	BOY
EOY	41763	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	32558998	BOY
EOY	35207341	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	32694993	BOY
EOY	35322568	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	4220729	BOY
EOY	4250572	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	4220729	BOY
EOY	4250572	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	36915722	BOY
EOY	39573140	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	69058	ReconcilationRevenueExpenses
Reconcilation Other Changes	-39215	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired
Federal Grant Audit Performed	false	FederalGrantAuditPerformed

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	true	IncludedOnFS

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	10000	OtherCostOrOtherBasis
Book Value	10000	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	362196	OtherCostOrOtherBasis
Depreciation	266703	Depreciation
Book Value	95493	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	296305	OtherCostOrOtherBasis
Depreciation	252432	Depreciation
Book Value	43873	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	149366	TotalOfBookValueLandBuildings
Total Of Book Value Securities	4122118	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	MEMBER DEPOSITS/SUSPENSE ACCOUNTS	Description
Amount	$35,207,341	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	35207341	TotalOfAmounts
Total Revenue	1307355	TotalRevenue
Total Expenses	1238297	TotalExpenses
Excess Or Deficit For Year	69058	ExcessOrDeficitForYear
Other	-$39,215	OtherAmount
Total Adjustments	-39215	TotalAdjustments
Excess Or Deficit Per FS	29843	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	1307355	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	1307355	RevenueSubtotal
Total Revenue Per Form990	1307355	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1238297	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	1238297	ExpensesSubtotal
Total Expenses Per Form990	1238297	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Part XI, Line 8	Part XI, Line 8: Other Changes in Net Assets or Fund Balances	CHANGE IN MARKET VALUE DUE TO FAS115 $ -39215
Part IV, Line 2b	Part IV, Line 2b: Explanation of escrow account liability	MORTGAGE ESCROW ACCOUNTS HELD FOR THE PAYMENT OF REAL ESTATE TAXES FOR MUNICIPALITIES.

Schedule L IRS990ScheduleL

Loan Table LoanTable (11 entries)

Purpose Of LoanPurposeOfLoan	Loan From OrganizationLoanFromOrganization	Original PrincipalOriginalPrincipalAmount	Balance DueBalanceDue	DefaultDefault	Approved By BoardApprovedByBoard	Written AgreementWrittenAgreement
RALPH PARENT
USED AUTO	X	$17,639	3973	false	false	false
ANDREW PAPPASTERGION
PERSONAL LOAN	X	$20,000	11981	false	true	true
ANDREW PAPPASTERGION
HOME IMPROVEMENT	X	$20,000	15819	false	true	true
MICHAEL O'REILLY
PERSONAL LOAN	X	$3,500	1515	false	true	true
DANIEL O'LEARY
NEW AUTO	X	$34,215	31932	false	true	true
FRANCIS MORONEY
HOME EQUITY	X	$100,000	3149	false	true	true
ELIZABETH MELLETT
MORTGAGE	X	$180,000	179071	false	true	true
ROBIN MAGNER
PERSONAL LOAN	X	$1,000	335	false	true	true
JAMES P HUGHES
HOME EQUITY	X	$75,000		false	true	true
ROBIN MAGNER
PERSONAL LOAN	X	$1,500	1362	false	true	true
JOHN CONNORS
HOME EQUITY	X	$50,000		false	true	true

Field	Value	IRS element (for citing)
Total Balance Due	249137	TotalBalanceDue

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	Available upon request.
Form 990, Part VI, Line 15b	Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	Personnel Committee reviews all employee salaries annually in September. Salaries are voted and approved by board of directors.
Form 990, Part VI, Line 11	Form 990, Part VI, Line 11: Form 990 Review Process	The 990 is reported to the Audit Committee and the Audit Committee then reports the filing to the full board of directors. The 990 is reviewed by management and is documented in the minutes.
Form 990, Part VI, Line 6	Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder	Persons who meet the requirements of the organization's field of membership who hold at least one share of the capital.