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EIN 01-0409063

Connected Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
25
City
Augusta
State
Maine
Year formed
1967
Most recent tax filings
2023-12-01
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
$5,874,203
2024
Total expenses
$4,797,137
2024
Total assets
$118,978,136
2024
Num. employees
25
2024

Program areas at Connected Credit Union

The Credit Union has 8,186 members as of 12/31/23. Members have access to a wide variety of low cost, high quality services.

Personnel at Connected Credit Union

NameTitleCompensation
Cathy BondChief Executive Officer$131,771
Kelley WathenChief Financial Officer$96,795
Lynn StrattonVise - President Lending$198,321
Richard LachancePast Chief Executive Officer Thru December$159,308
Patricia SugaChairman Effective June$0
...and 2 more key personnel

Financials for Connected Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$3,238,510
Investment income and dividends$1,286,235
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,860
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,351,318
Total revenues$5,874,203

Form 990s for Connected Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-12990View PDF
2022-122023-05-11990View PDF
2021-122022-04-28990View PDF
2020-122022-07-18990OView PDF
2019-122021-09-27990OView PDF
...and 12 more Form 990s

Organizations like Connected Credit Union

OrganizationLocationRevenue
Saco Valley Credit UnionSaco, ME$6,289,921
Peopleschoice Credit UnionSaco, ME$16,021,690
Maine State Credit UnionAugusta, ME$24,248,381
University Credit Union (UCU)Orono, ME$21,065,584
cPort Credit UnionPortland, ME$26,576,030
Five County Credit UnionBath, ME$19,031,105
Community Credit UnionLewiston, ME$7,357,116
Iron County Community Credit UnionHurley, WI$2,454,870
West Metro Schools Credit UnionHopkins, MN$1,884,691
Credit Unions Chartered in the State of Michigan - 225 Michigan Legacy Credit UnionWyandotte, MI$11,520,985
Data update history
September 21, 2024
Updated personnel
Identified 1 new personnel
August 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 1 new personnel
June 25, 2023
Updated personnel
Identified 12 new personnel
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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