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EIN 01-6028792

University Credit Union (UCU)

IRS 501(c) type
501(c)(14)
Num. employees
107
City
Orono
State
Maine
Year formed
1967
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
University Credit Union is a unique financial solution for students, employees and alumni of Maine's University System, as well as their family members. They are a local, not-for-profit financial institution focused on serving their members.
Related structure
UCU is a child organization, under an unknown parent.
Total revenues
$24,246,784
2023
Total expenses
$22,460,398
2023
Total assets
$480,026,796
2023
Num. employees
107
2023

Program areas at UCU

The Credit Union has 28,766 members as of 12/31/2023. Members have access to a wide variety of low cost, high quality services.

Grants made by UCU

GranteeGrant descriptionAmount
University of Maine FoundationCharitable Support$20,000
University of Maine SystemCharitable Support$12,000

Personnel at UCU

NameTitleCompensation
Ouellette Renee DPresident and Chief Executive Officer$351,591
Bob WilliamsChief Financial Officer
Beck StephanieVice President of Marketing$139,289
Young StaceyVice President of Member Services - Thru Nov$119,184
Rucker KyleMortgage Origination Manager$125,263
...and 18 more key personnel

Financials for UCU

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$22,392,736
Investment income and dividends$1,729,836
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-4,818
Net gain from sale of non-inventory assets$129,030
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$24,246,784

Form 990s for UCU

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-09990View PDF
2022-122023-08-22990View PDF
2021-122022-06-16990View PDF
2020-122021-06-30990View PDF
2019-122020-10-16990View PDF
...and 11 more Form 990s
Data update history
October 23, 2024
Used new vendors
Identified 1 new vendor, including
October 15, 2023
Updated personnel
Identified 5 new personnel
October 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 28, 2023
Used new vendors
Identified 2 new vendors, including , and
August 1, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
15 Main St
Orono, ME 04473
Metro area
Bangor, ME
County
Penobscot County, ME
Website URL
ucumaine.com/ 
Phone
(800) 696-8628
Facebook page
UCUMaine 
Twitter profile
@ucu_maine 
IRS details
EIN
01-6028792
Fiscal year end
December
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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