Form 990 for tax year 2025
Filed by STAMFORD HEALTHCARE CREDIT UNION INC.
Totals
- Total revenue
- $1,027,359
- Total expenses
- $866,427
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $719,591
- Other revenue
- $307,768
- Total assets, end of year
- $23,368,579
- Total liabilities, end of year
- $20,536,749
- Net assets or fund balances, end of year
- $2,831,830
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $866,427
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $719,591 · unrelated business $0 · excluded $0
-
11a · Other revenue: FEES
total $258,034 · related or exempt $229,258 · unrelated business $28,776 · excluded $0
-
11b · Other revenue: MISC OPERATING INCOME
total $27,415 · related or exempt $27,415 · unrelated business $0 · excluded $0
-
11c · Other revenue: SPLIT DOLLAR IMPUTED INTEREST
total $22,319 · related or exempt $22,319 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$307,768
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $400,153 · program services $0 · management and general $400,153 · fundraising $0
-
8 · Pension plan contributions
total $52,642 · program services $0 · management and general $52,642 · fundraising $0
-
9 · Other employee benefits
total $32,528 · program services $0 · management and general $32,528 · fundraising $0
-
11c · Fees: accounting
total $4,280 · program services $0 · management and general $4,280 · fundraising $0
-
11g · Fees: other
total $16,818 · program services $0 · management and general $16,818 · fundraising $0
-
12 · Advertising and promotion
total $128 · program services $0 · management and general $128 · fundraising $0
-
13 · Office expenses
total $33,987 · program services $0 · management and general $33,987 · fundraising $0
-
16 · Occupancy
total $43,827 · program services $0 · management and general $43,827 · fundraising $0
-
17 · Travel
total $2,103 · program services $0 · management and general $2,103 · fundraising $0
-
23 · Insurance
total $16,316 · program services $0 · management and general $16,316 · fundraising $0
-
24a · Other expenses: CUSA STATEMENTS
total $97,819 · program services $0 · management and general $97,819 · fundraising $0
-
24b · Other expenses: ATM FEES
total $99,813 · program services $0 · management and general $99,813 · fundraising $0
-
24c · Other expenses: MISCELLANEOUS
total $7,747 · program services $0 · management and general $7,747 · fundraising $0
-
24d · Other expenses: BANK SERVICE CHARGE
total $25,180 · program services $0 · management and general $25,180 · fundraising $0
-
24e · All other expenses
total $33,086 · program services $0 · management and general $33,086 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $29,293 · end of year -$579,052
-
2 · Savings and temporary cash investments
beginning of year $2,342,109 · end of year $2,641,733
-
4 · Accounts receivable
beginning of year $4,173,943 · end of year $3,873,383
-
5 · Loans and receivables from officers and key people
beginning of year $43,334 · end of year $36,850
-
9 · Prepaid expenses and deferred charges
beginning of year $30,641 · end of year $27,978
-
10a · Land, buildings and equipment: cost or other basis
$589,034
-
10b · Land, buildings and equipment: accumulated depreciation
$523,443
-
10c · Land, buildings and equipment, net
beginning of year $76,835 · end of year $65,591
-
12 · Investments: other securities
beginning of year $14,893,975 · end of year $14,887,523
-
15 · Other assets
beginning of year $2,339,813 · end of year $2,414,573
-
17 · Accounts payable and accrued expenses
beginning of year $138,364 · end of year $72,482
-
25 · Other liabilities
beginning of year $21,120,681 · end of year $20,464,267
-
29 · Capital stock, trust principal or current funds
beginning of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $2,670,898 · end of year $2,831,830
Mission and programs · 2025
Mission
TO PROVIDE QUALITY FINANCIAL SERVICES TO MEMBERS IN AN EQUITABLE MANNER WITHOUT REGARD TO EMPLOYMENT STATUS, ETHNIC BACKGROUND OR FINANCIAL WORTH.
-
TO PROVIDE QUALITY FINANCIAL SERVICES TO MEMBERS IN AN EQUITABLE MANNER WITHOUT REGARD TO EMPLOYMENT STATUS, ETHNIC BACKGROUND OR FINANCIAL WORTH.
As filed on the 2025 return.
Listed in Part VII
-
Rose Coscarelli-CurtisROSE COSCARELLI-CURTIS
CEO & TREASURER
- Total calculated
- $157,000
- From this org
- $157,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $157,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $157,000
-
Robert SalviROBERT SALVI
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 10
-
A Rick CastiglioneA RICK CASTIGLIONE
VICE CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 10
-
Clara GrandeCLARA GRANDE
SECRETARY
- Total calculated
- $0
- Hours/week
- 10
-
Mary JudgeMARY JUDGE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Ivette Vallejo-MendezIVETTE VALLEJO-MENDEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Christiano BasileCHRISTIANO BASILE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Danielle PimpinellaDANIELLE PIMPINELLA
SUPERVISORY MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Joanne CesarioJOANNE CESARIO
SUPERVISORY MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Ann McElroyANN MCELROY
SUPERVISORY MEMBER
- Total calculated
- $0
- Hours/week
- 10
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 27 April 2026
- IRS schema version
- 2025v4.1
- Source object
- 202601319349301375
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