EIN 05-0255777

Cme Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
13
Year formed
1946
Most recent tax filings
2023-12-01
Description
Cme Credit Union's mission is to provide members with opportunities to save and borrow for their current and future financial needs through a financially strong, member-owned cooperative that is responsive to expanding service needs. In 2022, Cme Credit Union issued 640 new loans, amounting to 27,439,975 in total with a total interest income of 1,755,776. Additionally, they paid interest on savings accounts and certificates of deposit that totaled 252,071.
Also known as...
Cranston Municipal Employees Credit Union
Total revenues
$3,235,714
2023
20192020202120222023$1m$3m
Total expenses
$3,007,878
2023
20192020202120222023$1m$3m
Total assets
$83,595,085
2023
20192020202120222023$50m$70m$90m
Num. employees
13
2023
2019202020212022202301020

Program areas at Cme Credit Union

Interest was paid to members with savings accounts and certificates of deposit during 2023 which totaled 800,855.
During 2023, the Credit Union issued 646 new loans totaling 33,774,182. Total interest income on loans issued to members was 2,177,188.

Personnel at Cme Credit Union

NameTitleCompensation
Brian W DucharmeTreasurer and President and Chief Executive Officer$192,178
Joseph DilorenzoSupervisory$3,630
Maria K ManziAssistant TR$4,635
Michael J IgoeSupervisory$1,630
Joseph A BalducciVice - Chairperson$4,365
...and 6 more key personnel

Financials for Cme Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$2,343,943
Investment income and dividends$633,771
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$257,780
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$220
Total revenues$3,235,714

Form 990s for Cme Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990View PDF
2022-122023-11-14990View PDF
2021-122022-05-16990View PDF
2020-122021-06-30990View PDF
2019-122020-12-17990View PDF
...and 11 more Form 990s
Data update history
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 24, 2024
Updated personnel
Identified 3 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 16, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unions
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
1615 Pontiac Ave
Cranston, RI 02920
Metro area
Providence-Warwick, RI-MA
County
Providence County, RI
Website URL
cmecreditunion.org/ 
Phone
(401) 463-3010
IRS details
EIN
05-0255777
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1946
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
Independent
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