HOLY ROSARY CREDIT UNION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: HOLY ROSARY CREDIT UNION (EIN 02-0272024)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-08-13
IRS object ID: 201232269349302023
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 J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-08-13T12:40:58-07:00	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	020272024	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	HOLY ROSARY REGIONAL CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	HOLY	NameControl
Phone	6033326840	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	133 BROCK STREET	AddressLine1
City	ROCHESTER	City
State	NH	State
ZIP Code	03867	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	BRIAN THERRIEN	Name
Title	CFO	Title
Date Signed	2012-08-13	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	9389499	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c	X	Organization501c
Web Site	HRCU.ORG	WebSite
Activity Or Mission Description	CREDIT UNION - MEMBER THRIFT	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	74	TotalNbrEmployees
Total Nbr Volunteers	9	TotalNbrVolunteers
Total Gross UBI	41177	TotalGrossUBI
Net Unrelated Business Txbl Income	-30734	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	5918989	ProgramServiceRevenuePriorYear
Program Service Revenue CY	6367489	ProgramServiceRevenueCY
Investment Income Prior Year	930853	InvestmentIncomePriorYear
Investment Income Current Year	583042	InvestmentIncomeCurrentYear
Other Revenue Prior Year	2079852	OtherRevenuePriorYear
Other Revenue Current Year	2171289	OtherRevenueCurrentYear
Total Revenue Prior Year	8929694	TotalRevenuePriorYear
Total Revenue Current Year	9121820	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	3002056	SalariesEtcPriorYear
Salaries Etc Current Year	3105272	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	4980940	OtherExpensePriorYear
Other Expenses Current Year	4766126	OtherExpensesCurrentYear
Total Expenses Prior Year	7982996	TotalExpensesPriorYear
Total Expenses Current Year	7871398	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	946698	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	1250422	RevenuesLessExpensesCY
Total Assets BOY	162995633	TotalAssetsBOY
Total Assets EOY	172330407	TotalAssetsEOY
Total Liabilities BOY	149725097	TotalLiabilitiesBOY
Total Liabilities EOY	157757001	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	13270536	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	14573406	NetAssetsOrFundBalancesEOY
Mission Description	CREDIT UNION - MEMBER THRIFT	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	1256856	Expense
Description	MAINTENANCE OF MEMBERS' SHARE AND DEPOSIT ACCOUNTS. NUMBER OF ACCOUNTS IS 34,538.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Revenue	6367489	Revenue
Description	MAINTENANCE OF MEMBERS' LOAN ACCOUNTS. NUMBER OF ACCOUNTS IS 8,032.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	1256856	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	false	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	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	5347	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	74	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	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	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	true	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	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	false	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	BRIAN THERRIEN	NamePerson
Telephone Number	6033326840	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	133 BROCK STREET	AddressLine1
City	ROCHESTER	City
State	NH	State
ZIP Code	03867	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (21 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer
DONA DOYON
SUPERVISORY COM	1.00	0	0	0
DANIEL CONNELLY
SUPERVISORY COM	1.00	0	0	0
CONSTANCE HAMANN
SUPERVISORY COM	1.00	0	0	0
ROBERT LANGELIER
SUPERVISORY COM	1.00	0	0	0
RACHEL GILMAN
SUPERVISORY COM	1.00	0	0	0
KATHLEEN SIMONEAU
Director	2.00	0	0	0	X
RICHARD FALARDEAU
Director	2.00	0	0	0	X
PAUL TURNER
Director	2.00	0	0	0	X
LYNN WILLIAMS
Treasurer	2.00	0	0	0	X	X
RONALD VACHON
Vice Chairman	2.00	0	0	0	X	X
DANA FLANDERS
Chairman	2.00	0	0	0	X	X
NANCY GILBERT
Secretary	2.00	0	0	0	X	X
JAMES BROCK
Director	2.00	0	0	0	X
PAUL AUGER
Director	2.00	0	0	0	X
CHRISTINE PATROWICZ
VP OF HR	40.00	64581	0	10915		X
ROSEMARY SHIELDS
VP BR. ADMIN	40.00	68467	0	9792		X
DONNA BERUBE
VP TECHNOLOGY	40.00	70312	0	4840		X
BRIAN THERRIEN
CFO	40.00	73971	0	5524		X
SUZANNE WILKINS
VP LENDING	40.00	74225	0	11400		X
JANE GETTENS
SR VP OPERATION	40.00	85408	0	12841		X
BRIAN F HUGHES
President/CEO	40.00	153778	0	14390		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	590742	TotalReportableCompFromOrg
Total Other Compensation	69702	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
FISERV EFT
255 FISERV DRIVE	BROOKFIELD	WI	53045	ATM/DEBIT CARDS	349865
FISERV
455 SOUTH GULPH ROAD SUITE 201	KING OF PRUSSIA	PA	19406	DATA PROCESSING	152600
DARCI CREATIVE INC
47 BOW STREET	PORTSMOUTH	NH	03801	MARKETING	210638
BELOIN CONSTRUCTION
132 ROCHESTER HILL ROAD	ROCHESTER	NH	03867	CONTRACTOR	383259
ANTHEM BLUE CROSS BLUE SHIELD
3000 GOFFS FALLS ROAD	MANCHESTER	NH	03111	MEDICAL INSURANCE	258785

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	6	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
INTEREST-CONSUMER LOANS	1725783	1725783
INTEREST REAL ESTATE LOAN	3662096	3662096
INTEREST CREDIT CARDS	616297	616297
INTEREST - BUSINESS LOANS	357941	357941
INTEREST - CONSTRUCTION	5372	5372

Field	Value	IRS element (for citing)
Total Program Service Revenue	6367489	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	669447	TotalRevenueColumn
Related Or Exempt Function Income	669447	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

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	181274	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	267679	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	-86405	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-86405	TotalRevenueColumn
Related Or Exempt Function Income	-86405	RelatedOrExemptFunctionIncome

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	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
OTHER FEES AND INCOME	2130112	2130112
NON MEMBER ATM FEES	38078		38078
CAR BUYING AND WARRANTIES	1800		1800

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1299	TotalRevenueColumn
Unrelated Business Revenue	1299	UnrelatedBusinessRevenue

Field	Value	IRS element (for citing)
Total Other Revenue	2171289	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	9121820	TotalRevenueColumn
Related Or Exempt Function Income	9080643	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	41177	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	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	660444	Total
Management And General	660444	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	1891904	Total
Management And General	1891904	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	70383	Total
Management And General	70383	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	274644	Total
Management And General	274644	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	207897	Total
Management And General	207897	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	41105	Total
Management And General	41105	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	48416	Total
Management And General	48416	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	250496	Total
Management And General	250496	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	284589	Total
Management And General	284589	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	212052	Total
Management And General	212052	ManagementAndGeneral

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	335333	Total
Management And General	335333	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	90444	Total
Management And General	90444	ManagementAndGeneral

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	1256935	Total
Program Services	1256856	ProgramServices
Management And General	79	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	299560	Total
Management And General	299560	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	73432	Total
Management And General	73432	ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral
PROVISION LOAN LOSS	180000	180000
OUTSIDE SERVICES	146537	146537
NCUA STABILIZATION EXPENSE	376933	376933
LOAN SERVICING	530231	530231
DEBIT CARD	352842	352842

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	287221	Total
Management And General	287221	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	7871398	Total
Program Services	1256856	ProgramServices
Management And General	6614542	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1857321	BOY
EOY	1642964	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	39817853	BOY
EOY	34822470	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	1261869	BOY
EOY	1736929	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	100904590	BOY
EOY	112475413	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	313520	BOY
EOY	365879	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	8728437	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	4212067	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	4094255	BOY
EOY	4516370	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	12496401	BOY
EOY	14588907	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	2249824	BOY
EOY	2181475	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	162995633	BOY
EOY	172330407	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	185396	BOY
EOY	287972	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	209904	BOY
EOY	204427	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	149329797	BOY
EOY	157264602	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	149725097	BOY
EOY	157757001	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	13270536	BOY
EOY	14573406	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	13270536	BOY
EOY	14573406	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	162995633	BOY
EOY	172330407	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	1250422	ReconcilationRevenueExpenses
Reconcilation Other Changes	52448	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited
Audit Committee	false	AuditCommittee
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	672330	OtherCostOrOtherBasis
Book Value	672330	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4325262	OtherCostOrOtherBasis
Depreciation	1093127	Depreciation
Book Value	3232135	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	372228	OtherCostOrOtherBasis
Depreciation	369224	Depreciation
Book Value	3004	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3358617	OtherCostOrOtherBasis
Depreciation	2749716	Depreciation
Book Value	608901	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	4516370	TotalOfBookValueLandBuildings
Total Of Book Value Securities	14588907	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
SHARES AND DEPOSITS	$157,264,601
Rounding	$1

Field	Value	IRS element (for citing)
Total Of Amounts	157264602	TotalOfAmounts

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	Part XI, Line 8	Identifier
Return Reference	Part XI, Line 8: Other Changes in Net Assets or Fund Balances	ReturnReference
Explanation	CHANGE IN MARKET VALUE DUE TO FAS115 $52448	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Written Employment Contract	X	WrittenEmploymentContract
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

Field	Value	IRS element (for citing)
Name Person	BRIAN F HUGHES	NamePerson
Base Compensation Filing Org	143316	BaseCompensationFilingOrg
Bonus Filing Org	10462	BonusFilingOrg
Deferred Comp Filing Org	6379	DeferredCompFilingOrg
Nontaxable Benefits Filing Org	8011	NontaxableBenefitsFilingOrg
Total Compensation Filing Org	168168	TotalCompensationFilingOrg

Schedule L IRS990ScheduleL

Loan Table LoanTable (18 entries)

Purpose Of LoanPurposeOfLoan	Loan From OrganizationLoanFromOrganization	Balance DueBalanceDue	DefaultDefault	Approved By BoardApprovedByBoard	Written AgreementWrittenAgreement	Original PrincipalOriginalPrincipalAmount
ROBERT LANGELIER
LOANS	X	1055	false	true	true
CONSTANCE HAMANN
LOANS	X	1649	false	true	true
DONA DOYON
LOANS	X	171471	false	true	true	$217,914
DANIEL CONNELLY SR
LOANS	X	2144	false	true	true
LYNN WILLIAMS
LOANS	X	86879	false	true	true	$91,680
RICHARD FALARDEAU
LOAN	X	102623	false	true	true	$123,000
JIM BROCK
LOANS	X	287198	false	true	true	$304,000
PAUL AUGER
LOANS	X	71765	false	true	true	$172,000
NANCY GILBERT
LOAN	X	3235	false	true	true
RACHEL GILMAN
LOAN	X	703	false	true	true
DANA FLANDERS
LOANS	X	92323	false	true	true	$29,000
CHRISTINE PATROWICZ
LOANS	X	38609	false	true	true	$37,500
DONNA BERUBE
LOANS	X	170	false	true	true
ROSEMARY SHIELDS
LOAN	X	362921	false	true	true	$364,000
SUZANNE WILKINS
LOAN	X	4272	false	true	true
PAUL TURNER
LOAN	X	86979	false	true	true	$71,696
RONALD VACHON
LOANS	X	12894	false	true	true
BRIAN F HUGHES
LOANS	X	410039	false	true	true	$423,920

Field	Value	IRS element (for citing)
Total Balance Due	1736929	TotalBalanceDue

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	A FINANCIAL STATEMENT SUMMARY IS POSTED IN THE VESTIBULE AREA AT ALL BRANCHES. OTHER INFORMATION IS 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	HRCU PARTICIPATES IN THE CREDIT UNION EXECUTIVE SOCIETY AND THE NH CREDIT UNION LEAGUE SALARY SURVEYS. THE PRESIDENT & CEO IS REVIEWED BY THE BOARD OF DIRECTORS AND SENIOR MANAGEMENT IS REVIEWED BY THE PRESIDENT.
Form 990, Part VI, Line 12c	Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	HUMAN RESOURCES IS RESPONSIBLE FOR EMPLOYEE EDUCATION AND MONITORS COMPLIANCE.
Form 990, Part VI, Line 11	Form 990, Part VI, Line 11: Form 990 Review Process	MANAGEMENT WILL PRESENT THE COMPLETED FORM 990 TO THE BOARD FOR REVIEW BEFORE FILING IF TIME PERMITS. OTHERWISE AFTERWARDS. UPON RECEIPT FROM AUDIT FIRM, CFO REVIEWS 990/990T FOR DISCREPANCIES AND NOTIFIES AUDIT FIRM IF CHANGES ARE NEEDED. THE FORMS ARE THEN FORWARDED TO THE PRESIDENT & CEO FOR FINAL REVIEW. A FINAL COPY IS PRESENTED AT THE NEXT BOARD MEETING FOR THEIR REVIEW.
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.
Form 990, Part VI, Line 2	Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et	OFFICER ROSEMARY SHIELDS USED DIRECTOR RACHEL GILMAN AS A REALTOR TO PURCHASE A HOUSE. PRESIDENT/CEO BRIAN HUGHES ALSO USED DIRECTOR RACHEL GILMAN AS A REALTOR FOR THE PURCHASE OF A HOME.