Totals
- Total revenue
- $1,880,069
- Total expenses
- $1,686,509
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,379,442
- Investment income
- $88,454
- Other revenue
- $412,173
- Total assets, end of year
- $3,759,148
- Total liabilities, end of year
- $104,751
- Net assets or fund balances, end of year
- $3,654,397
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
2a · Program service revenue: MEMBERSHIP DUES
total $1,139,544 · related or exempt $1,139,544
-
2b · Program service revenue: EDUCATION/CERTIFICATIO
total $239,898 · related or exempt $239,898
-
3 · Investment income
total $88,454 · excluded $88,454
-
11a · Other revenue: CUNA MARKETING AGREEME
total $205,843 · related or exempt $205,843
-
11b · Other revenue: VOLUNTARY AWARENESS CA
total $174,651 · related or exempt $174,651
-
11c · Other revenue: OTHER
total $33,000 · related or exempt $33,000
-
11d · All other revenue
total -$1,321 · excluded -$1,321
-
11e · Other revenue, total
$412,173
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $852,000
-
11d · Fees: lobbying
total $66,364
-
11g · Fees: other
total $53,072
-
12 · Advertising and promotion
total $131,409
-
13 · Office expenses
total $10,848
-
16 · Occupancy
total $41,400
-
17 · Travel
total $22,800
-
19 · Conferences, conventions and meetings
total $129,527
-
23 · Insurance
total $11,894
-
24a · Other expenses: NATIONAL DUES
total $245,262
-
24b · Other expenses: TRAINING EXPENSE
total $48,017
-
24c · Other expenses: OTHER PROGRAM EXPENSE
total $37,610
-
24d · Other expenses: COMPLIANCE EXPENSE
total $15,499
-
24e · All other expenses
total $20,807
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,633,299 · end of year $1,920,829
-
4 · Accounts receivable
beginning of year $84,498 · end of year $96,508
-
9 · Prepaid expenses and deferred charges
beginning of year $50,052 · end of year $31,359
-
12 · Investments: other securities
beginning of year $1,710,452 · end of year $1,710,452
-
17 · Accounts payable and accrued expenses
beginning of year $18,182 · end of year $33,103
-
19 · Deferred revenue
end of year $71,648
-
27 · Net assets without donor restrictions
beginning of year $3,441,076 · end of year $3,635,221
-
28 · Net assets with donor restrictions
beginning of year $19,043 · end of year $19,176
Mission and programs · 2022
Mission
HELP CREDIT UNIONS SUCCEED, AND IMPROVE THE FINANCIAL LIVES OF THEIR MEMBERS.
Activities or mission (Part I)
THE LEAGUE PROVIDES EDUCATION, TRAINING AND PROMOTION OF CREDIT UNION SERVICES TO MEMBER CREDIT UNIONS.
-
HELP CREDIT UNIONS SUCCEED, AND IMPROVE THE FINANCIAL LIVES OF THEIR MEMBERS.
As filed on the 2022 return.
Listed in Part VII
-
John A DoeJOHN A DOE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Basil ClossonBASIL CLOSSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jason LindstromJASON LINDSTROM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Julie MarquisJULIE MARQUIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christine DevineCHRISTINE DEVINE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
David DesjardinsDAVID DESJARDINS
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mark SamsonMARK SAMSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dan CummingsDAN CUMMINGS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joseph GervaisJOSEPH GERVAIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joann BissonJOANN BISSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott ChretienSCOTT CHRETIEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Luke LabbeLUKE LABBE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Todd MasonTODD MASON
PRESIDENT/CEO
- Total calculated
- $612,193
- From this org
- $0
- From related orgs
- $553,796
- Other
- $58,397
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $0 + $472,058 related
- Bonus
- $0 + $79,944 related
- Other
- $0 + $1,794 related
- Deferred
- $0 + $26,674 related
- Nontaxable benefits
- $0 + $31,723 related
- Filer's total
- $0 + $612,193 related
-
Cris WescottCRIS WESCOTT
SVP - ACCOUNTING & FINANCE
- Total calculated
- $385,006
- From this org
- $0
- From related orgs
- $312,752
- Other
- $72,254
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $0 + $262,595 related
- Bonus
- $0 + $48,693 related
- Other
- $0 + $1,464 related
- Deferred
- $0 + $26,801 related
- Nontaxable benefits
- $0 + $45,453 related
- Filer's total
- $0 + $385,006 related
-
Cheryl LancasterCHERYL LANCASTER
FORMER KEY EMPLOYEE
- Total calculated
- $332,087
- From this org
- $0
- From related orgs
- $283,695
- Other
- $48,392
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $219,263 related
- Bonus
- $0 + $46,148 related
- Other
- $0 + $18,284 related
- Deferred
- $0 + $12,446 related
- Nontaxable benefits
- $0 + $35,946 related
- Filer's total
- $0 + $332,087 related
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
The filer's explanations (Part III)
- PART I, LINE 3
- THE PRESIDENT OF MAINE CREDIT UNION LEAGUE IS PAID BY THE RELATED ENTITY, WHICH PURCHASES DATA ON COMPARABLE SALARY RANGES FROM AN INDEPENDENT FIRM.
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MAINE CU'S CAMPAIGN FOR ENDING HUNGER
501(C)(3) · RAISING FUNDS FOR HUNGER ORGS AND FOOD PANTRIES IN MAINE · ME
Directly controlled by MECUL
-
TAKE A CHANCE TO END HUNGER IN MAINE
501(C)(3) · FUNDRAISING · ME
Directly controlled by MECUL
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
SYNERGENT
C · DATA PROCESSING · ME · 92.31% owned · share of income $759,221 · share of assets $21,605,386 · controlled entity
Directly controlled by MECUL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 27 April 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311229349301111
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