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EIN 01-0203515

Saco Valley Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
36
City
Saco
State
Maine
Year formed
1947
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
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
$8,151,514
2023
Total expenses
$6,609,217
2023
Total assets
$171,420,491
2023
Num. employees
36
2023

Program areas at Saco Valley Credit Union

The Credit Union had 9,125 members as of 12/31/2023. 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$232,611
Benjamin GosselinVice President of Finance$119,671
Kevin FoleyPast Chief Lending Officer$124,744
Paul GosselinTreasurer$0
Timothy NelsonBoard Chairperson$0
...and 3 more key personnel

Financials for Saco Valley Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$6,096,668
Investment income and dividends$857,413
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$1,197,433
Total revenues$8,151,514

Form 990s for Saco Valley Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-01990View PDF
2022-122023-11-07990View PDF
2021-122022-10-31990View PDF
2020-122021-07-13990View PDF
2019-122021-06-08990View PDF
...and 15 more Form 990s

Organizations like Saco Valley Credit Union

OrganizationLocationRevenue
Peopleschoice Credit UnionSaco, ME$19,812,909
Maine State Credit UnionAugusta, ME$24,248,381
University Credit Union (UCU)Orono, ME$24,246,784
Connected Credit UnionAugusta, ME$5,874,203
cPort Credit UnionPortland, ME$26,576,030
Five County Credit UnionBath, ME$23,598,688
Community Credit UnionLewiston, ME$7,357,116
Community First Credit UnionSanta Rosa, CA$36,766,136
Credit Unions Chartered in the State of Michigan - 1099 Wolverine State Credit UnionAlpena, MI$6,150,132
Credit Unions Chartered in the State of Michigan - 43 Country Heritage Credit UnionBuchanan, MI$2,261,922
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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