New London Municipal Employees Credit Union Inc in New London, Connecticut (CT)

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New London Municipal Employees Credit Union Inc
Employer Identification Number (EIN)066065050
Name of OrganizationNew London Municipal Employees Credit Union Inc
Address111 Union Street, New London, CT 06320-6634
ActivitiesLoans or credit reporting, Endowment fund or financial services
SubsectionCredit Union
Ruling Date03/1976
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$3,074,263
Amount of Income$115,448
Form 990 Revenue Amount$115,448

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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$130,023
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$2,052
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$124,014
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$3,957
Statement of Functional Expenses (for 2011)
Total functional expenses$208,037
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$68,769
Payroll taxes$6,046
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$2,972,327
Total liabilities$2,241,737
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$730,590
Retained earnings, endowment, accumulated income, or other funds$730,590
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralConnecticut State Banking Department Group Return, Group Return260 Constitution Plz, Hartford, CT 06103-1811CT1976-03$160,263,163
SubordinateConnecticut State Employees Credit Union Inc84 Wadsworth St, Hartford, CT 06106-1716CT1976-03$26,952,947
SubordinateConnex Credit Union IncPO BOX 477, North Haven, CT 06473-0477CT1976-03$21,762,886
SubordinateMutual Security Credit Union IncPO BOX 2489, Shelton, CT 06484-1489CT1976-03$12,983,003
SubordinateDutch Point Credit Union Inc195 Silas Deane Hwy, Wethersfield, CT 06109-1240CT1976-03$9,324,075
SubordinateAchieve Financial Credit Union Inc279 New Britain Road, Berlin, CT 06037-1395CT1976-03$7,050,677
SubordinateFirst Connecticut Credit Union Inc159 S Turnpike Rd, Wallingford, CT 06492-4327CT1976-03$1,592,206
SubordinateNorthwest Hills Credit Union Inc339 N Elm St, Torrington, CT 06790-4626CT1976-03$1,534,810
SubordinateGreater Norwalk Area Credit Union Inc12 Fitch Street, Norwalk, CT 06855-1333CT1976-03$1,407,192
SubordinateConnecticut Community Credit Union Inc43 W Broad St, Pawcatuck, CT 06379-1637CT1976-03$1,054,180
SubordinateMetropolitan District Employees Credit Union IncPO BOX 1348, Hartford, CT 06143-1348CT1976-03$708,348
SubordinateCommunity Credit Union Of New Milford Inc145c Danbury Rd, New Milford, CT 06776-3436CT1976-03$560,802
SubordinateCommunity Healthcare Credit Union Inc48 Haynes St, Manchester, CT 06040-4111CT1976-03$469,345
SubordinateDanbury Cyanamid Employees Credit Union Inc2 Starr St, Danbury, CT 06810-6928CT1976-03$375,484
SubordinateHartford Postal Employees Credit Union Inc20 Western Blvd, Glastonbury, CT 06033-1248CT1976-03$319,389
SubordinateNew Haven Firefighters Credit Union IncPO BOX 413, New Haven, CT 06513-0413CT1976-03$309,170
SubordinateRegional Water Authority Employees Credit Union Inc90 Sargent Dr, New Haven, CT 06511-5918CT1976-03$186,103
SubordinateChh Credit Union Inc540 Litchfield St, Torrington, CT 06790-6679CT1976-03$134,253
SubordinateNew London Municipal Employees Credit Union Inc111 Union Street, New London, CT 06320-6634CT1976-03$115,448
SubordinateEast Haven Municipal Employees Credit Union Inc250 Main St, East Haven, CT 06512-3004CT1976-03$76,882
Number of affiliated organizations
Total28 is not associated with, endorsed by, or sponsored by New London Municipal Employees Credit Union Inc and has no official or unofficial affiliation with New London Municipal Employees Credit Union Inc