2024-05-14T10:33:11-07:00 2023-12-31 016421654 Joseph Schiappa CPA 29 Maple Ridge Rd Methuen MA 01844 990 2023-01-01 042495191 Billerica Municipal Employees Credit Uniion BILL 9786672434 365 Boston Road Billerica MA 01821 Paul Morris President 9786672434 2024-05-14 true Paul Morris XXX-XX-XXXX true Joseph L Schiappa CPA P01501987 9787716934 2024-05-14 X 3 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z Phil Loranger 365 Boston Rd Billerica MA 01821 598718 false X N/A X 2012 MA Deposit gathering and lending to members 11 11 3 11 0 0 0 198315 235321 233780 356831 3637 6566 435732 598718 0 0 190259 194602 0 0 154984 160324 345243 354926 90489 243792 19859292 19170141 16339407 15406464 3519885 3763677 Deposit gathering and lending to members false false Members of the credit union are provided loan and deposit services. false false false false false false false false false true false false false true false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false true 0 0 true 3 true false false false false false false X 11 11 true false false false true true true true true false false true true true true true true true true false X Ed Dunton 9786672434 Treasurer Boston Rd Billerica MA 01821 Paul Morris Chairperson/President 3.00 X X 0 0 0 Edward Dunton Treasurer 20.00 X 56652 0 0 Donna McCoy Clerk/Secretary 2.00 X X 0 0 0 Daniel Powderly Director 2.00 X 0 0 0 Olivia Canario Director 2.00 X 0 0 0 Maureen Dunton Director 2.00 X 0 0 0 Mary St George Director 2.00 X 0 0 0 Joseph Devlin Director 2.00 X 0 0 0 Allen Metivier Director 2.00 X 0 0 0 Kevin C Buckley Assistant Treasurer 2.00 X 0 0 0 Glen Magnan Director 2.00 X 0 0 0 Jeanne Teehan Director 2.00 X 0 0 0 56652 0 0 false false false Loan Interest Income 522100 235321 0 235321 235321 356831 0 356831 Miscellaneous Fees & Charges 522100 5223 0 0 5223 Other Income 522100 1343 0 0 1343 6566 598718 0 0 598718 0 0 0 0 164295 0 164295 0 8216 0 8216 0 8317 0 8317 0 13774 0 13774 0 43513 0 43513 0 7736 0 7736 0 19897 0 19897 0 69 0 69 0 3500 0 3500 0 3096 0 3096 0 10132 0 10132 0 Dividends Paid on Shares 58365 0 58365 0 Postage 3697 0 3697 0 Dues & Subscriptions 4327 0 4327 0 State Regulatory Fees 4373 0 4373 0 1619 0 1619 0 354926 0 354926 0 109140 106419 14036155 12521975 101277 22441 5353414 6274288 42922 31000 25176 18598 9675 6578 206709 207440 19859292 19170141 31774 36888 16307633 15369576 16339407 15406464 X 3519885 3763677 3519885 3763677 19859292 19170141 243792 X false true true false 0 25176 18598 6578 6578 Member shares and deposits 15369576 15369576 598718 598718 598718 354926 354926 354926 Mary St George Director Credit Card X 9839 6289 false true true Mary St George Director Personal X 6000 1367 false true true Joseph Devlin Director Auto Loan X 16000 14785 false true true 22441 Pt VI, Line 6 The Credit Union is made up of natural person members. Pt VI, Line 7a The Board of Directors are elected by the general membership at the annual meeting. Pt VI, Line 11b All Board members are invited to review Form 990 before it is submitted. Pt VI, Line 7b Certain decisions such as merging are required to be approved by the members in a vote. Pt VI, Line 12c The Audit Committee monitors all compliance with credit union policies. Pt VI, Line 15a The independent Board of Directors reviews all comparable data & other pertinent information before determining the compensation of its officer and key employees annually. Pt VI, Line 19 Notices are at the credit union office regarding public disclosure information availability. Pt VI, Line 2 The treasurer's wife is a member of the Board of Directors. Pt VI, Line 8a Minutes are recorded of the Board of Directors meetings. Pt VI, Line 8b Minutes are recorded for all committee meetings. Pt VI, Line 15b The independent Board of Directors reviews all comparable data & other pertinent information before determining the compensation of its officer and key employees annually.