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 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
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 2012)
Total revenue$115,448
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$1,489
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$109,204
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$4,755
Statement of Functional Expenses (for 2012)
Total functional expenses$120,006
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$67,078
Payroll taxes$5,902
Professional fundraising services$0
Balance Sheet (for 2012)
Total assets$3,074,263
Total liabilities$2,348,232
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$726,031
Retained earnings, endowment, accumulated income, or other funds$726,031
Reason for Public Charity Status (for 2012)
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$0
SubordinateSikorsky Financial Credit Union Inc1000 Oronoque Lane, Stratford, CT 06614-1394CT$131,724,345
SubordinateConnecticut State Employees Credit Union Inc4025 Tampa Road Suite 1203, Oldsmar, FL 34677FL1976-03$24,329,203
SubordinateConnex Credit Union IncPO BOX 477, North Haven, CT 06473-0477CT1976-03$20,376,961
SubordinateState Police Credit Union Inc321 Research Pkwy Ste 202, Meriden, CT 06450-8340CT1976-03$16,177,042
SubordinateMutual Security Credit Union Inc295 Westport Ave, Norwalk, CT 06851-4333CT1976-03$12,168,654
SubordinateDutch Point Credit Union Inc195 Silas Deane Hwy, Wethersfield, CT 06109-1240CT1976-03$11,366,796
SubordinateAchieve Financial Credit Union IncPO BOX 7030, Berlin, CT 06037-7030CT1976-03$7,005,128
SubordinateMembers Credit Union Inc126 Post Road 2nd Floor West, Cos Cob, CT 06807-2701CT1976-03$1,597,060
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$1,555,685
SubordinateGreater Norwalk Area Credit Union Inc12 Fitch Street, Norwalk, CT 06855-1333CT1976-03$1,407,192
SubordinateSoundview Financial Credit Union Inc14 Research Dr, Bethel, CT 06801-1040CT1976-03$1,366,945
SubordinateNorwalk Hospital Credit Union Inc31 1/2 Stevens St, Norwalk, CT 06850-3805CT1976-03$1,069,378
SubordinateConnecticut Community Credit Union Inc43 W Broad St, Pawcatuck, CT 06379-1637CT1976-03$982,050
SubordinateStamford Healthcare Credit Union Inc166 West Broad St Ste T 02, Stamford, CT 06902-3652CT1976-03$799,874
SubordinateMetropolitan District Employees Credit Union Inc250 Murphy Rd, Hartford, CT 06114-2107CT1976-03$692,303
SubordinateCommunity Healthcare Credit Union Inc48 Haynes St, Manchester, CT 06040-4111CT1976-03$563,615
SubordinateCommunity Credit Union Of New Milford Inc145c Danbury Rd, New Milford, CT 06776-3436CT1976-03$479,074
SubordinateDanbury Cyanamid Employees Credit Union Inc2 Starr St, Danbury, CT 06810-6928CT1976-03$324,891
Number of affiliated organizations
Total42 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