ENERGY CREDIT UNION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: ENERGY CREDIT UNION (EIN 04-2079800)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-05-16
IRS object ID: 201101369349301770
Schema version: 2010v3.2
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	2011-05-16T07:04:57-07:00	Timestamp
Tax Period End Date	2010-12-31	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	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	042079800	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Energy Credit Union	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ENER	NameControl
Phone	6173251999	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	156 SPRING STREET	AddressLine1
City	WEST ROXBURY	City
State	MA	State
ZIP Code	02132	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	PAUL N NOCE	Name
Title	President & CEO	Title
Date Signed	2011-05-16	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	4050125	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	ActivityOrMissionDescription
Nbr Voting Members Governing Body	11	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	10	NbrIndependentVotingMembers
Total Nbr Employees	12	TotalNbrEmployees
Total Nbr Volunteers	10	TotalNbrVolunteers
Total Gross UBI	29692	TotalGrossUBI
Net Unrelated Business Txbl Income	-72227	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	3211211	ProgramServiceRevenuePriorYear
Program Service Revenue CY	3229431	ProgramServiceRevenueCY
Investment Income Prior Year	671525	InvestmentIncomePriorYear
Investment Income Current Year	547581	InvestmentIncomeCurrentYear
Other Revenue Prior Year	534653	OtherRevenuePriorYear
Other Revenue Current Year	273113	OtherRevenueCurrentYear
Total Revenue Prior Year	4417389	TotalRevenuePriorYear
Total Revenue Current Year	4050125	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	945724	SalariesEtcPriorYear
Salaries Etc Current Year	1056399	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	3791944	OtherExpensePriorYear
Other Expenses Current Year	3025250	OtherExpensesCurrentYear
Total Expenses Prior Year	4737668	TotalExpensesPriorYear
Total Expenses Current Year	4081649	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-320279	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-31524	RevenuesLessExpensesCY
Total Assets BOY	93626215	TotalAssetsBOY
Total Assets EOY	96756004	TotalAssetsEOY
Total Liabilities BOY	77388032	TotalLiabilitiesBOY
Total Liabilities EOY	80536269	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	16238183	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	16219735	NetAssetsOrFundBalancesEOY
Mission Description	CREDIT UNION	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	1232616	Expense
Description	MAINTENANCE OF MEMBER SHARE AND DEPOSIT ACCOUNTS AND THE PAYMENT OF INTEREST THERON. NUMBER OF ACCOUNTS IS 9,713.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Revenue	3229431	Revenue
Description	MAINTAINING LOAN ACCOUNTS FOR MEMBERS. NUMBER OF ACCOUNTS IS 2,280.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	1232616	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	false	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	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	2551	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	12	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	11	NbrVotingGoverningBodyMembers
Number Independent Voting Members	10	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	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	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	Paul Noce	NamePerson
Telephone Number	6173251999	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	156 SPRING STREET	AddressLine1
City	WEST ROXBURY	City
State	MA	State
ZIP Code	02132	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee
WILLIAM REYNOLDS
Director	4.00	X	0	0	0
ROBERT TEDESCO
CLERK	4.00	X	0	0	0
PAUL RICHARDSON
VICE CHAIRMAN	4.00	X	0	0	0	X
PAUL N NOCE
President & CEO	40.00		158473	0	6003	X	X
PAUL HANNON
Director	4.00	X	0	0	0
MARIE PREVETT
Director	40.00	X	95034	0	2838	X
JOSEPH C CARROLL
Director	4.00	X	0	0	0
JOHN RABAIOLI
CFO	40.00		79908	0	2434	X
DIANNE DUHAIME
Director	4.00	X	0	0	0
DEBORAH CASNA
Director	4.00	X	0	0	0
BERNARD DOHERTY
Chairman	4.00	X	0	0	0	X
BARBARA MARKOS
Director	4.00	X	0	0	0
BARBARA KELLEHER
Treasurer	4.00	X	0	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	333415	TotalReportableCompFromOrg
Total Other Compensation	11275	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 (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	CompensationCompensation	Description Of ServicesDescriptionOfServices
ELAN FINANCIAL SERVICES
225 STATION SQUARE DRIVE	PITTSBURGH	PA	15219	138085
DIEBOLD INC
PO BOX 643543	PITTSBURGH	PA	15264	100169
CONNECTICUT ONLINE COCC
135 DARLING DRIVE AVON PARK SOUTH	AVON	CT	06001	225999	DATA PROCESSING

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	3	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	INTEREST ON LOANS	Description
Total Revenue Column	3229431	TotalRevenueColumn
Related Or Exempt Function Income	3229431	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	3229431	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	547581	TotalRevenueColumn
Related Or Exempt Function Income	547581	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	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
SERVICE CHARGES & FEES	32436	32436
OTHER INCOME	210985	210985
ATM FEES	29692		29692

Field	Value	IRS element (for citing)
Total Other Revenue	273113	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	4050125	TotalRevenueColumn
Related Or Exempt Function Income	4020433	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	29692	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	344690	Total
Management And General	344690	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	700434	Total
Management And General	700434	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	9408	Total
Management And General	9408	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1867	Total
Management And General	1867	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	0	Total

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	0	Total

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	115296	Total
Management And General	115296	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	79033	Total
Management And General	79033	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	434358	Total
Management And General	434358	ManagementAndGeneral

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	99161	Total
Management And General	99161	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	39024	Total
Management And General	39024	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	1232616	Total
Program Services	1232616	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	103639	Total
Management And General	103639	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	51358	Total
Management And General	51358	ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral
PROVISION FOR LOAN LOSSES	177372	177372
NCUA STABILIZATION/PREMIUM	196820	196820
MISCELLANEOUS EXPENSE	212118	212118
EQUIPMENT MAINTENANCE	125769	125769
CORPORATE IMPAIRMENT	37225	37225

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	121461	Total
Management And General	121461	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	4081649	Total
Program Services	1232616	ProgramServices
Management And General	2849033	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	994360	BOY
EOY	1329638	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	26578373	BOY
EOY	27693575	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	1134690	BOY
EOY	953983	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	54127961	BOY
EOY	51508162	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	28137	BOY
EOY	120652	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	3773833	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	225842	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	2689349	BOY
EOY	3547991	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	7006351	BOY
EOY	10530804	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	0	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	1066994	BOY
EOY	1071199	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	93626215	BOY
EOY	96756004	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	717964	BOY
EOY	416638	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	136692	BOY
EOY	115438	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	76533376	BOY
EOY	80004193	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	77388032	BOY
EOY	80536269	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	16238183	BOY
EOY	16219735	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	16238183	BOY
EOY	16219735	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	93626215	BOY
EOY	96756004	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-31524	ReconcilationRevenueExpenses
Reconcilation Other Changes	13076	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	700000	OtherCostOrOtherBasis
Book Value	700000	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2499139	OtherCostOrOtherBasis
Depreciation	61088	Depreciation
Book Value	2438051	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	250678	OtherCostOrOtherBasis
Depreciation	39361	Depreciation
Book Value	211317	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	324016	OtherCostOrOtherBasis
Depreciation	125393	Depreciation
Book Value	198623	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	3547991	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
Rounding	$1
MEMBER SHARES AND DEPOSIT ACCOUNTS	$80,004,192

Field	Value	IRS element (for citing)
Total Of Amounts	80004193	TotalOfAmounts
Total Revenue	4050125	TotalRevenue
Total Expenses	4081649	TotalExpenses
Excess Or Deficit For Year	-31524	ExcessOrDeficitForYear
Other	$13,076	OtherAmount
Total Adjustments	13076	TotalAdjustments
Excess Or Deficit Per FS	-18448	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	4050125	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	4050125	RevenueSubtotal
Total Revenue Per Form990	4050125	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	4081649	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	4081649	ExpensesSubtotal
Total Expenses Per Form990	4081649	TotalExpensesPerForm990

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 $13076 CHANGE IN FMV DUE TO SFAS 115 $ -0	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
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	PAUL N NOCE	NamePerson
Base Compensation Filing Org	158473	BaseCompensationFilingOrg
Deferred Comp Filing Org	4136	DeferredCompFilingOrg
Nontaxable Benefits Filing Org	1867	NontaxableBenefitsFilingOrg
Total Compensation Filing Org	164476	TotalCompensationFilingOrg

Schedule L IRS990ScheduleL

Loan Table LoanTable (21 entries)

Purpose Of LoanPurposeOfLoan	Loan From OrganizationLoanFromOrganization	Original PrincipalOriginalPrincipalAmount	Balance DueBalanceDue	DefaultDefault	Approved By BoardApprovedByBoard	Written AgreementWrittenAgreement
MARIE PREVETT
LOAN	X	$20,000	19661	false	true	true
ROBERT TEDESCO
LOAN	X	$1,000	903	false	true	true
ROBERT TEDESCO
LOAN	X	$5,750	4842	false	true	true
ROBERT TEDESCO
LOAN	X	$4,300	2823	false	true	true
WILLIAM REYNOLDS
LOAN	X		8717	false	true	true
MARIE PREVETT
LOAN	X	$160,000	105771	false	true	true
MARIE PREVETT
LOAN	X	$65,000	12846	false	true	true
MARIE PREVETT
LOAN	X	$16,000	14650	false	true	true
PAUL NOCE
LOAN	X	$80,000	74478	false	true	true
PAUL NOCE
LOAN	X	$336,000	322210	false	true	true
PAUL NOCE
LOAN	X	$20,000	18067	false	true	true
BARBARA KELLEHER
LOAN	X	$33,810	7211	false	true	true
PAUL HANNON
LOAN	X	$118,500	107610	false	true	true
PAUL HANNON
LOAN	X	$7,000	5800	false	true	true
PAUL HANNON
LOAN	X	$10,000	5711	false	true	true
DIANNE DUHAIME
LOAN	X	$18,305	6875	false	true	true
PAUL HANNON
LOAN	X	$10,000	2670	false	true	true
BERNARD DOHERTY
LOAN	X	$130,000	42385	false	true	true
JOSEPH CARROLL
LOAN	X	$191,000	185832	false	true	true
PAUL NOCE
LOAN	X	$1,300	1106	false	true	true
JOSEPH CARROLL
LOAN	X	$26,925	3815	false	true	true

Field	Value	IRS element (for citing)
Total Balance Due	953983	TotalBalanceDue

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	FINANCIALS ARE AVAILABLE ON NCUA.GOV WEBSITE, POSTED AT THE CREDIT UNION. 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	BOARD APPROVES COMPENSATION BASED UPON PERFORMANCE AND INDUSTY.
Form 990, Part VI, Line 11	Form 990, Part VI, Line 11: Form 990 Review Process	THE FORM 990 WILL BE REVIEWED ONCE COMPLETED. DUE TO TIMING BETWEEN COMPLETION AND FILING DUE DATE, THE REVIEW MAY BE SUBSEQUENT TO FILING.
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	PAUL N. NOCE'S BROTHER-IN-LAW IS THE PRESIDENT OF WYATT'S INC. IT CONSULTING @$35,000 PAID DURING 2010.