2024-07-30T09:35:04-05:00 2023-12-31 010448675 OUELLETTE & ASSOCIATES PA 1111 LISBON STREET LEWISTON ME 04240 990 2023-01-01 010261000 SABATTUS REGIONAL CREDIT UNION SABA 2073756538 PO BOX 250 SABATTUS ME 04280 TIFFINY STEWART CEO/PRESIDENT 2073756538 2024-07-08 1 0 MICHAEL R DUNN CPA P00340711 2077860328 2024-07-08 2023 2024-08-08 14:25:15Z X TIFFINY STEWART PO BOX 250 SABATTUS ME 04280 3459425 0 X WWW.SRCU4U.COM X FINANCIAL INSTITUTION 1957 ME TO PROVIDE FINANCIAL SERVICES TO IT'S MEMBERS 7 7 18 0 28557 32534 0 0 2221376 2370201 466292 1023821 64993 65403 2752661 3459425 0 0 0 0 1118493 1242962 0 0 0 1272585 1845831 2391078 3088793 361583 370632 75562261 73835312 68941544 66843963 6620717 6991349 THE SABATTUS REGIONAL CREDIT UNION IS A STRONG, REGIONAL, MEMBER-OWNED ORGANIZATION WHOSE PURPOSE IS TO BECOME THE PRIMARY FINANCIAL INSTITUTION FOR THEIR GROWING FAMILY OF MEMBERS, PROVIDING A WIDE VARIETY OF QUALITY AND PERSONALIZED SERVICES IN AN EFFICIENT MANNER. 0 0 3062408 3430868 PROVIDE FINANCIAL SERVICES TO IT'S MEMBERS 3062408 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1141 0 1 18 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 X SABATTUS REGIONAL CREDIT UNION 2073756538 PO BOX 250 SABATTUS ME 04280 THEODORE SMITH CHAIRPERSON 1.00 X X 0 0 0 TIFFINY STEWART PRESIDENT/CEO/TREASURER 40.00 X X 130062 0 27779 MARK DUQUETTE VICE-CHAIRPERSON 1.00 X X 0 0 0 RUBEN CORNELIUS SECRETARY 1.00 X X 0 0 0 SUZAN BOULEY DIRECTOR 1.00 X 0 0 0 RICHARD LACOMBE DIRECTOR 1.00 X 0 0 0 JP MITCHELL DIRECTOR 1.00 X 0 0 0 130062 0 27779 1 0 1 0 0 FINANCIAL INSTITUTION 522100 2370201 2341644 28557 2370201 1023821 1023821 65403 0 65403 65403 65403 3459425 3430868 28557 0 157841 810870 88486 114170 71595 55571 24675 DIVIDENDS 686828 PROFESSIONAL & OUTSIDE 557565 OFFICE OPERATIONS 257813 DEPRECIATION EXPENSE 116181 147198 3088793 2727590 3188590 41810005 39718005 29153037 29054154 2374970 1672191 803017 702779 735122 744861 333490 426923 75562261 73835312 140799 234073 68800745 66609890 68941544 66843963 X 0 0 1800000 1800000 4820717 5191349 6620717 6991349 75562261 73835312 370632 0 X 0 0 0 147454 147454 1622522 1124924 497598 604994 547267 57727 702779 MEMBER SHARE & SAVINGS ACCOUNTS 66609890 66609890 0 0 0 TIFFINY STEWART PRESIDENT/CEO/TREASURER 123841 0 6221 0 0 0 18759 0 9020 0 157841 0 0 0 FORM 990, PART I, LINE 7B: AMENDED RETURN TO INCLUDE CU INSURANCE SOLUTIONS LLC K-1 INCOME TO UBIT RETURN THAT WAS RECEIVED AFTER ORIGINAL 990-T WAS SUBMITTED. ONLY CHANGE TO 990 WAS PART I, LINE 7B. ALL OTHER CHANGES WERE MADE TO 990-T. Form 990, Part VI, Section A, line 6 THE ORGANIZATION IS A CREDIT UNION WHICH IS OWNED BY ITS MEMBERS. Form 990, Part VI, Section A, line 7a THE MEMBERS OF THE CREDIT UNION ELECT THE MEMBERS OF THE GOVERNING BODY (BOARD OF DIRECTORS) AT ITS ANNUAL MEETING. Form 990, Part VI, Section A, line 7b SOME DECISIONS MADE BY THE GOVERNING BODY (BOARD OF DIRECTORS) MAY NEED APPROVAL BY THE CREDIT UNION'S MEMBERS. EXAMPLES ARE A MERGER, CHANGE FROM STATE OF FEDERAL CHARTER AND ELECTION OF NEW BOARD MEMBERS. SOME OF THESE EXAMPLES ARE PART OF TITLE 9B OF THE BUREAU OF FINANCIAL INSTITUTIONS AND PART OF THE ORGANIZATIONS BYLAWS. Form 990, Part VI, Section A, line 8b THE SUPERVISORY COMMITTEE KEEP MINUTES OF THEIR MEETINGS BUT DOES NOT HAVE THE AUTHORITY TO ACT OF BEHALF OF THE GOVERNING BODY (BOARD OF DIRECTORS). Form 990, Part VI, Section B, line 11b THE GOVERNING BODY (BOARD OF DIRECTORS) APPROVES THE FORM 990 TO THE SENIOR MANAGEMENT OF THE CREDIT UNION. Form 990, Part VI, Section B, line 12c THE CREDIT UNION REVIEWS CONFLICTS OF INTEREST ON AN ANNUAL BASIS. Form 990, Part VI, Section C, line 18 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part VI, Section C, line 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.