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)
OrganizationAssociation
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 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?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 2011)
Total revenue$5,135,857
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$4,840,810
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$350,889
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-55,842
Gross amount from sales of assets other than inventory (Securities / Other)$744,084 / $142,538
Less: cost or other basis and sales expenses (Securities / Other)$741,000 / $201,464
Gain or (loss) (Securities / Other)$3,084 / $-58,926
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 2011)
Total functional expenses$5,534,974
Compensation of current officers, directors, trustees, and key employees$160,479
Other salaries and wages$1,414,552
Payroll taxes$126,647
Professional fundraising services$0
Other$3,833,296
Balance Sheet (for 2011)
Total assets$106,810,764
Total liabilities$83,971,769
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
Other$83,971,769
Total net assets or fund balances$22,838,995
Retained earnings, endowment, accumulated income, or other funds$17,988,995
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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Other organizations in New Hampshire
IdNameAddressStateEstablishedTotal Income
1William Marconi Italian ClubPO BOX 1477, Keene, NH 03431-1477NH1985-05$431,147
2William Shoer & Jennie Smidt Shoer Educational Trust1 Greenleaf Woods Dr Unit 301, Portsmouth, NH 03801-5437NH2007-04$262,437
3Wilmot Community AssociationPO BOX 23, Wilmot, NH 03287-0023NH2003-03$40,529
4Wilton Youth CenterPO BOX 446, Wilton, NH 03086-0446NH1947-01$75,120
5Windy Row Learning CenterPO BOX 43, W Peterboro, NH 03468-0043NH2005-05$59,647
6Winnipesaukee H O G Chapter Inc239 Daniel Webster Hwy, Meredith, NH 03253-5809NH2002-06$2,800
7Wolfeboro Community Television, Wct396 S Main St, Wolfeboro, NH 03894-4414NH2003-05$99,911
8Womens Business Center Inc1555 Lafayette Rd, Portsmouth, NH 03801NH1996-05$259,441
9Womenstrust Inc276 Newport Rd Ste 214, New London, NH 03257-5469NH2004-11$454,712
10Wonderland Thrift Corporation, Wonderland Thrift Shop9 Tamarind Ln, Exeter, NH 03833-4359NH2009-03$303,842
11Woodlands Credit Union730 Main St, Berlin, NH 03570-2431NH1980-05$6,078,321
12Workcampne189 Chas Bancroft Hwy, Litchfield, NH 03052-2491NH2007-11$92,433
13Yellow Taxi ProductionsPO BOX 1515, Nashua, NH 03061-1515NH2003-09$33,788
14Yeshua-The Hope Of Israel713 Chestnut St, Manchester, NH 03104-3002NH1983-03$59,802
15Young Mens Christian Association Camp BelknapPO BOX 1546, Wolfeboro, NH 03894-1546NH1997-10$2,444,598
16Youth Services Bureau306 Union Ave, Laconia, NH 03246-2812NH1993-05$35,002
17Youthstorm Inc70 N Broadway, Salem, NH 03079-2102NH2001-07$67,554
18Ahepa 35 Inc21 Danbury Drive, Merrimack, NH 03054NH2006-12$291,880
19American Youth Circus OrganizationPo Box 96, Temple, NH 03084NH2003-06$66,260
20Ars IncPo Box 84, West Chesterfield, NH 03466NH1980-12$48,086
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$132,358,469
SubordinateSt Marys Bank200 Mcgregor St, Manchester, NH 03102-3753NH1976-11$81,427,290
SubordinateNortheast Credit Union100 Borthwick Ave, Portsmouth, NH 03801-4115NH1976-11$39,886,609
SubordinateTriangle Credit Union33 Franklin St, Nashua, NH 03064-2639NH1976-11$29,572,458
SubordinateBellwether Community Credit Union425 D W Hwy, Manchester, NH 03104-2632NH1980-05$27,037,242
SubordinateGranite State Credit UnionPO BOX 6420, Manchester, NH 03108-6420NH1976-11$17,802,788
SubordinateHoly Rosary Regional Credit Union133 Brock St, Rochester, NH 03867-4404NH1980-05$9,751,201
SubordinateMembers First Credit Union Of Nh44 Bridge St, Manchester, NH 03101-1619NH1980-05$6,598,391
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 Union200 Coos St, Berlin, NH 03570-2825NH1980-05$1,484,061
SubordinateNational Association Of Letter Carriers Branch 72PO BOX 99, Concord, NH 03301NH1980-05$1,351,632
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$223,767
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$75,471
Number of affiliated organizations
New Hampshire19
Total19

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