Form 990 for tax year 2025
Filed by BUCKS COUNTY EMPLOYEES CREDIT UNION.
Totals
- Total revenue
- $1,219,199
- Total expenses
- $1,143,103
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $270,175
- Investment income
- $947,089
- Other revenue
- $1,935
- Total assets, end of year
- $38,182,279
- Total liabilities, end of year
- $255,065
- Net assets or fund balances, end of year
- $37,927,214
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $0
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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Loan Interest
total $270,175 · related or exempt $270,175 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $947,089 · related or exempt $947,089 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11a · Other revenue: Fees
total $979 · related or exempt $979 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $956 · related or exempt $956 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$1,935
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $3,600
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $121,572
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $10,145
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $17,035
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $11,365
-
14 · Information technology
total $5,616
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $18
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $175
-
20 · Interest
total $932,751
-
21 · Payments to affiliates
total $16,929
-
23 · Insurance
total $9,311
-
24a · Other expenses: Loan Loss Expense
total $9,000
-
24b · Other expenses: Credit Checks
total $2,967
-
24c · Other expenses: Miscellaneous Operating Expense
total $2,619
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $921,206 · end of year $835,800
-
2 · Savings and temporary cash investments
beginning of year $956,962 · end of year $726,886
-
5 · Loans and receivables from officers and key people
beginning of year $370 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $2,315,957 · end of year $1,998,930
-
9 · Prepaid expenses and deferred charges
beginning of year $24,320 · end of year $17,585
-
13 · Investments: program-related
beginning of year $34,334,582 · end of year $34,603,078
-
17 · Accounts payable and accrued expenses
beginning of year $217,800 · end of year $255,065
-
29 · Capital stock, trust principal or current funds
beginning of year $33,690,541 · end of year $33,206,063
-
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 $4,645,056 · end of year $4,721,151
Mission and programs · 2025
Mission
To pool resources and provide savings and loan opportunities to our members.
-
Collect money for purposes of savings and loans.
As filed on the 2025 return.
Listed in Part VII
-
Michael Finkelston
Treasurer
- Total calculated
- $3,600
- From this org
- $3,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
Michael Hopkins
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jeremy Deppeler
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Nicholas Caramenico
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Katherine Meyerson
President
- Total calculated
- $0
- Hours/week
- 1
-
Glenn Haas
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Joyce Russell
Board Member
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 6 May 2026
- IRS schema version
- 2025v4.0
- Source object
- 202611269349302236
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