Woodlands Credit Union in Berlin, New Hampshire (NH)

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Woodlands Credit Union
Employer Identification Number (EIN)020239894
Name of OrganizationWoodlands Credit Union
Address730 Main St, Berlin, NH 03570-2431
ActivitiesEndowment fund or financial services
SubsectionCredit Union
Ruling Date05/1980
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$50,000,000 to greater
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$106,810,764
Amount of Income$6,078,321
Form 990 Revenue Amount$5,135,857

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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?No
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$5,350,351
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$5,123,212
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$352,646
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net loss from sales of assets other than inventory$-125,507
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $115,053
Less: cost or other basis and sales expenses (Securities / Other)$0 / $240,560
Gain or (loss) (Securities / Other)$0 / $-125,507
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$6,130,101
Compensation of current officers, directors, trustees, and key employees$169,222
Other salaries and wages$1,581,587
Payroll taxes$136,885
Professional fundraising services$0
Balance Sheet (for 2012)
Total assets$0
Total liabilities$0
Total net assets or fund balances$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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11Woodlands Credit Union730 Main St, Berlin, NH 03570-2431NH1980-05$6,078,321
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All affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralState Of New Hampshire Banking Department53 Regional Dr Ste 200, Concord, NH 03301-8500NH1976-11$0
SubordinateService Credit Union2010 Lafayette Rd, Portsmouth, NH 03801-5605NH1976-11$134,481,413
SubordinateSt Marys Bank200 Mcgregor St, Manchester, NH 03102-3753NH1976-11$67,878,663
SubordinateNortheast Credit Union100 Borthwick Ave, Portsmouth, NH 03801-4115NH1976-11$43,524,754
SubordinateBellwether Community Credit Union425 D W Hwy, Manchester, NH 03104-2632NH1980-05$30,100,674
SubordinateTriangle Credit Union33 Franklin St, Nashua, NH 03064-2639NH1976-11$24,199,786
SubordinateGranite State Credit UnionPO BOX 6420, Manchester, NH 03108-6420NH1976-11$18,679,841
SubordinateHoly Rosary Regional Credit UnionPO BOX 2078, Rochester, NH 03866-2078NH1980-05$9,768,837
SubordinateMembers First Credit Union Of Nh44 Bridge St, Manchester, NH 03101-1619NH1980-05$6,403,862
SubordinateWoodlands Credit Union730 Main St, Berlin, NH 03570-2431NH1980-05$6,078,321
SubordinateSeacoast Credit Union887 Lafayette Rd, Hampton, NH 03842-1258NH1976-11$1,876,187
SubordinateGuardian Angel Credit UnionPO BOX 522, Berlin, NH 03570-0522NH1980-05$1,384,710
SubordinateNational Association Of Letter Carriers Branch 72PO BOX 99, Concord, NH 03301NH1980-05$1,268,544
SubordinateUpper Valley Community Credit UnionPO BOX 514, Lebanon, NH 03766-0514NH1980-05$1,199,881
SubordinatePrecision Credit Union7 Optical Ave, Keene, NH 03431-4320NH1980-05$908,816
SubordinateSalmon Falls Community Credit Union15 Penny Ln, Somersworth, NH 03878-1043NH1976-11$337,770
SubordinateSt Joseph Hospital Employees Credit Union172 Kinsley St, Nashua, NH 03060-3648NH1976-11$212,338
SubordinateTimken Aerospace Credit Union336 Mechanic St, Lebanon, NH 03766-2614NH1976-11$177,037
SubordinateFreudenberg-Nok Employees Credit UnionPO BOX 2001, Bristol, NH 03222-2001NH1976-11$62,708
SubordinateWrg Credit Union71 Main St, Danville, NH 03819-3215NH1980-05$0
Number of affiliated organizations
New Hampshire20

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