2012-11-13T10:25:34-08:00 2011-12-31 Macdonald Page & Co LLC 30 Long Creek Dr South Portland ME 04106 990 2011-01-01 010216328 EVERGREEN CREDIT UNION EVER 2072215000 225 RIVERSIDE STREET PORTLAND ME 04104 H TUCKER COLE 2012-11-13 true Mark Ayers 2077745701 X 2011 2016-02-24 21:20:13Z 11006760 false false X www.evergreencreditunion.org X ME Provide members with savings and loan services. 9 9 71 10 84461 -49271 0 9744221 8828137 558865 916349 1186053 1262274 11489139 11006760 0 2696681 1979427 2847630 3040780 0 0 5017412 5026091 10561723 10046298 927416 960462 208837986 207020000 192785205 190006757 16052781 17013243 Provide members with savings and loan services. false false 10046298 10922299 The credit union has 23,044 members as of 12/31/2011. Members have access to a wide variety of low cost, high quality services. 10046298 false false false false false false false false false false true true false false true false false true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false true 3665 0 false 71 true true true false false false false false false false false false false false false false X 9 9 false false false false true true true true true false false false false true false true true true true true false false X KATE ARCHAMBAULT 2072215000 225 RIVERSIDE STREET PORTLAND ME 04104 DOUGLAS WILSON 1.00 X 0 0 0 JOHN MORNEAULT 1.00 X 0 0 0 DANIEL MCGARVEY 1.00 X 0 0 0 Tom McBrierty 1.00 X 0 0 0 Ron Greco 1.00 X 0 0 0 ROBERT DORR 1.00 X 0 0 0 WILLIAM DESENA 1.00 X 0 0 0 Brian Conger 1.00 X 0 0 0 KELLIE HARRIS 1.00 X 0 0 0 CHRISTOPHER DOE 1.00 X 0 0 0 Timothy Verreault 40.00 X 106053 0 1926 Kathleen ARCHAMBAULT 40.00 X 120589 0 9647 H TUCKER COLE 40.00 X 211186 0 16500 437828 28073 3 false true false SYSTEMS ENGINEERING INC 120 EXCHANGE STREET PORTLAND ME 04101 IT SUPPORT 103449 SYNERGENT PO BOX 1236 PORTLAND ME 04104 DATA PROCESSOR 978589 IMAGINE BRANDS INC 225 RIVERSIDE STREET PORTLAND ME 04104 MARKETING 105701 3 0 LOAN INCOME FROM MEMBERS 7143231 7143231 FEE INCOME 1684906 1684906 8828137 916349 916349 0 0 0 0 0 0 0 OTHER OPERATING INCOME 1177813 1177813 INSURANCES CR LIFE/AD&D 32238 32238 ATM NON-MEMBER FEES 23794 23794 28429 28429 1262274 11006760 10922299 84461 0 0 0 1979427 1979427 465901 465901 0 1902464 1902464 97759 97759 395659 395659 178997 178997 0 19649 19649 0 0 0 0 1203177 1203177 191870 191870 689459 689459 0 0 405434 405434 0 0 22042 22042 0 0 344143 344143 75095 75095 SUPERVISION & EXAMINATION FEES 17713 17713 Provision for loan losses 1225000 1225000 MISC OPERATING EXPENSE 607294 607294 LOAN SERVICE EXPENSE 213185 213185 Educational 12030 12030 0 10046298 10046298 0 0 2315234 1712775 22630269 23421677 0 0 0 0 144990178 129575237 0 0 8500309 2160431 6648281 6339878 0 26732896 40489537 0 0 5521128 5480896 208837986 207020000 215408 121747 192569797 189885010 192785205 190006757 X 16052781 17013243 16052781 17013243 208837986 207020000 960462 X false true true X false false 1705026 1705026 5678440 1419522 4258918 9949 7296 2653 1106894 733613 373281 6339878 40489537 member deposits 189885010 189885010 X X X false false false H TUCKER COLE 211186 16500 227686 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The governing documents and policies of the organization are made available upon request. The financial statements are posted in the lobby monthly. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees COMPENSATION FOR THE C.E.O. IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD. GOALS ARE SET EACH YEAR AND C.E.O. IS MEASURED BASED ON THESE GOALS. COMPENSATION RANGE IS BASED ON THIRD PARTY VENDOR RANGES FOR SIMILAR INSTITUTIONS. OTHER OFFICERS AND KEY EMPLOYEES ARE REVIEWED BY THEIR SUPERVISOR BASED ON ESTABLISHED CREDIT UNION REVIEW PROCESS. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts In signing the conflict of interest policy, officers agree to disclose any related items. The organization is small and therefore senior management is aware of all contracts with third parties. Therefore, any conflict would be easily identified and avoided. If the board member wanted to pursue a business relationship they would be required to resign from the board. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process A formal review by the entire governing body was not deemed necessary. A formal review by the CEO and CFO is performed. Form 990, Part VI, Line 7b Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Certain actions of the board require a vote by the membership. Form 990, Part VI, Line 7a Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Board of directors is comprised of members elected by the credit union members. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Membership is obtained by anyone making the minimum requirement deposit in the credit union.