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EIN 01-0409063

Connected Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
29
City
Augusta
State
Maine
Year formed
1967
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Connected Credit Union provides members with savings and loan services. As of 11/30/19, the credit union boasts 3,869 members who can access a wide variety of low cost, high quality services.
Related structure
Connected Credit Union is a child organization, under an unknown parent.
Also known as...
Maine Education Credit Union
Total revenues
$4,668,287
2023
Total expenses
$3,785,914
2023
Total assets
$119,172,274
2023
Num. employees
29
2023

Program areas at Connected Credit Union

The Credit Union has 8,293 members as of 12/31/22. Members have access to a wide variety of low cost, high quality services.

Personnel at Connected Credit Union

NameTitleCompensation
Richard LachanceChief Executive Officer$136,873
Kelley WathenChief Financial Officer$85,054
John CassidyChairman$0
Lynn StrattonVise - President Lending$106,741
Cathy BondPresident$171,644
...and 1 more key personnel

Financials for Connected Credit Union

RevenuesFYE 11/2023
Total grants, contributions, etc.$0
Program services$2,748,142
Investment income and dividends$610,123
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,310,022
Total revenues$4,668,287

Form 990s for Connected Credit Union

Fiscal year endingDate received by IRSFormPDF link
2020-122022-07-18990OView PDF
2019-122021-09-27990OView PDF
2019-112020-09-17990View PDF
2018-112019-12-17990OView PDF
2017-112018-12-22990View PDF
...and 9 more Form 990s

Organizations like Connected Credit Union

OrganizationLocationRevenue
Peopleschoice Credit UnionSaco, ME$13,957,386
University Credit Union (UCU)Orono, ME$20,708,166
Saco Valley Credit UnionSaco, ME$5,439,528
Maine State Credit UnionAugusta, ME$22,418,636
cPort Credit UnionPortland, ME$19,505,571
Five County Credit UnionBath, ME$16,981,136
Community Credit UnionLewiston, ME$6,619,474
Sheboygan Area Credit UnionSheboygan, WI$2,747,095
Credit Unions Chartered in the State of Michigan - 488 Gratiot Community Credit UnionAlma, MI$2,101,369
USE Credit Union / U S Employees Credit UnionTomball, TX$3,244,594
Data update history
June 25, 2023
Updated personnel
Identified 12 new personnel
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2020
March 1, 2022
Posted financials
Added Form 990 for fiscal year 2019
April 26, 2021
Posted financials
Added Form 990 for fiscal year 2019
March 25, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
PO Box 1096
Augusta, ME 04332
County
Kennebec County, ME
Website URL
connectedcreditunion.org/ 
Phone
(207) 623-3857
IRS details
EIN
01-0409063
Fiscal year end
November
Taxreturn type
Form 990
Year formed
1967
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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