Skip to content
Nonprofiteer
← STAMFORD HEALTHCARE CREDIT UNION INC

Form 990 for tax year 2023

Filed by STAMFORD HEALTHCARE CREDIT UNION INC.

Totals

Total revenue
$926,975
Total expenses
$810,487
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$610,482
Other revenue
$316,493
Total assets, end of year
$24,364,283
Total liabilities, end of year
$21,660,693
Net assets or fund balances, end of year
$2,703,590
Program services expenses (Part IX)
$0
Management and general expenses
$810,487
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 $610,482 · related or exempt $610,482

  • 11a · Other revenue: FEES

    total $252,963 · related or exempt $219,585 · unrelated business $33,378

  • 11b · Other revenue: MISC OPERATING INCOME

    total $42,967 · related or exempt $42,967

  • 11c · Other revenue: SPLIT DOLLAR IMPUTED I

    total $20,563 · related or exempt $20,563

  • 11e · Other revenue, total

    $316,493

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $351,990 · management and general $351,990

  • 8 · Pension plan contributions

    total $36,179 · management and general $36,179

  • 9 · Other employee benefits

    total $27,751 · management and general $27,751

  • 11c · Fees: accounting

    total $2,920 · management and general $2,920

  • 11g · Fees: other

    total $11,651 · management and general $11,651

  • 12 · Advertising and promotion

    total $23 · management and general $23

  • 13 · Office expenses

    total $40,240 · management and general $40,240

  • 16 · Occupancy

    total $39,671 · management and general $39,671

  • 17 · Travel

    total $179 · management and general $179

  • 23 · Insurance

    total $15,762 · management and general $15,762

  • 24a · Other expenses: CUSA STATEMENTS

    total $102,139 · management and general $102,139

  • 24b · Other expenses: ATM FEES

    total $89,778 · management and general $89,778

  • 24c · Other expenses: MISCELLANEOUS

    total $38,363 · management and general $38,363

  • 24d · Other expenses: BANK SERVICE CHARGES

    total $20,612 · management and general $20,612

  • 24e · All other expenses

    total $33,229 · management and general $33,229

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year -$10,324 · end of year $15,287

  • 2 · Savings and temporary cash investments

    beginning of year $2,137,545 · end of year $1,930,632

  • 4 · Accounts receivable

    beginning of year $4,508,592 · end of year $4,771,915

  • 5 · Loans and receivables from officers and key people

    beginning of year $29,224 · end of year $130,646

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,322 · end of year $38,842

  • 10a · Land, buildings and equipment: cost or other basis

    $589,034

  • 10b · Land, buildings and equipment: accumulated depreciation

    $500,955

  • 10c · Land, buildings and equipment, net

    beginning of year $99,322 · end of year $88,079

  • 12 · Investments: other securities

    beginning of year $15,942,086 · end of year $15,003,710

  • 15 · Other assets

    beginning of year $2,338,033 · end of year $2,385,172

  • 17 · Accounts payable and accrued expenses

    beginning of year $39,111 · end of year $37,664

  • 25 · Other liabilities

    beginning of year $22,440,587 · end of year $21,623,029

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $2,587,102 · end of year $2,703,590

Mission and programs · 2023

Mission

TO PROVIDE QUALITY FINANCIAL SERVICES TO MEMBERS IN AN EQUITABLE MANNER WITHOUT REGARD TO EMPLOYMENT STATUS, ETHNIC BACKGROUND OR FINANCIAL WORTH.

Activities or mission (Part I)

TO PROVIDE QUALITY FINANCIALSERVICES TO MEMBERS IN AN EQUITABLE MANNER WITHOUT REGARD TO EMPLOYMENTSTATUS, 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 2023 return.

Listed in Part VII

  • Rose Coscarelli-Curtis

    CEO & TREASURER

    Total calculated
    $156,763
    From this org
    $156,763
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $156,763
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $156,763

  • Robert Salvi

    BOARD CHAIRMAN

    Total calculated
    $0
    Hours/week
    10

  • A Rick Castiglione

    BOARD VICE-CHAIR

    Total calculated
    $0
    Hours/week
    10

  • Lola Marena

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Mary Judge

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Joanne Cesario

    SUPERVISORY CHAIR

    Total calculated
    $0
    Hours/week
    10

  • Danielle Pimpinella

    SUPERVISORY MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Yvette Vallejo-Melendez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Clare Grande

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

  • Chris Basile

    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
2023
Filed
1 July 2024
IRS schema version
2023v5.1
Source object
202411839349300411

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.