EIN 01-0203515

Saco Valley Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
29
City
State
Year formed
1947
Most recent tax filings
2022-12-01
Description
Saco Valley Credit Union provides members with savings and loan services, including a wide variety of low cost and high quality services. As of 12/31/2021, the credit union had 8,772 members who have access to these services.
Related structure
Saco Valley Credit Union is a child organization, under an unknown parent.
Also known as...
State Chartered Credit Unions in Me
Total revenues
$6,289,921
2022
Total expenses
$5,312,831
2022
Total assets
$167,112,274
2022
Num. employees
29
2022

Program areas at Saco Valley Credit Union

The Credit Union had 8,912 members as of 12/31/2022. Members have access to a wide variety of low cost, high quality services.

Personnel at Saco Valley Credit Union

NameTitleCompensation
Kevin PartridgePresident and Chief Executive Officer / President / Chief Financial Officer$215,870
Benjamin GosselinVice President of Finance and Technology$115,134
Kevin FoleyPast Chief Lending Officer$124,744
Timothy NelsonBoard Chairperson / Director$0
Ed PolitoSecretary$0
...and 3 more key personnel

Financials for Saco Valley Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$4,789,402
Investment income and dividends$336,764
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$1,163,755
Total revenues$6,289,921

Form 990s for Saco Valley Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-07990View PDF
2021-122022-10-31990View PDF
2020-122021-07-13990View PDF
2019-122021-06-08990View PDF
2018-122020-02-14990View PDF
...and 14 more Form 990s

Organizations like Saco Valley Credit Union

OrganizationLocationRevenue
University Credit Union (UCU)Orono, ME$21,065,584
Peopleschoice Credit UnionSaco, ME$16,021,690
Maine State Credit UnionAugusta, ME$24,248,381
cPort Credit UnionPortland, ME$26,576,030
Connected Credit UnionAugusta, ME$4,668,287
Five County Credit UnionBath, ME$19,031,105
Community Credit UnionLewiston, ME$6,012,945
Credit Unions Chartered in the State of Michigan - 1102 Motor City Co-Op CRDT UnClinton Township, MI$6,722,799
Tacoma Longshoremen Credit UnionTacoma, WA$2,687,551
Credit Unions Chartered in the State of Michigan - 225 Michigan Legacy Credit UnionWyandotte, MI$11,520,985
Data update history
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
August 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 1 new personnel
July 21, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 21, 2022
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
PO Box 740 312 Main St
Saco, ME 04072
Metro area
Portland-South Portland, ME
County
York County, ME
Website URL
sacovalley.org/ 
Phone
(207) 282-6169
IRS details
EIN
01-0203515
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1947
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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