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EIN 01-0213357

Downeast Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
103
City
Baileyville
State
Maine
Year formed
2006
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Downeast Credit Union provides financial services to credit union members through the extension of loans and the housing of deposits. These services include but are not limited to, the procurement of financial services.
Total revenues
$16,106,826
2023
Total expenses
$15,058,388
2023
Total assets
$271,299,377
2023
Num. employees
103
2023

Program areas at Downeast Credit Union

The procurement of financial services including, but not limited to, the extension of loans and the housing of deposits for members.

Personnel at Downeast Credit Union

NameTitleCompensation
Joseph MosesPresident and Chief Executive Officer$123,767
Fleming MatthewChief Financial Officer$184,182
Hamilton JillVice President Accounting$161,205
Tomah BetteSenior Vice President of Internal Operations$154,245
Sherrard ChristopherIt Director$141,623
...and 9 more key personnel

Financials for Downeast Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$13,914,136
Investment income and dividends$725,409
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$1,467,281
Total revenues$16,106,826

Form 990s for Downeast Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-09990View PDF
2022-122023-08-21990View PDF
2021-122022-06-21990View PDF
2020-122021-06-30990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s
Data update history
October 1, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 1, 2023
Updated personnel
Identified 2 new personnel
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 9, 2023
Used new vendors
Identified 1 new vendor, including
May 24, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
Memberships
General information
Address
PO Box 130
Baileyville, ME 04694
County
Washington County, ME
Website URL
downeastcu.com/ 
Phone
(800) 427-1223
IRS details
EIN
01-0213357
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2006
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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