2025-02-16T14:19:25-06:00 2024-12-31 043106490 RANDALL BENNETT & CO PC 76 MERRIMACK ST 20 HAVERHILL MA 018306246 990 2024-01-01 041564245 LYNN TEACHERS CREDIT UNION LYNN 7815924936 33 NORTH COMMON STREET LYNN MA 019024311 ROGER O POOR TREASURER 7815924936 2025-02-14 1 0 RANDALL BENNETT P00482673 9783778802 2025-02-14 2024 2025-03-06 01:10:19Z ROGER O POOR 33 NORTH COMMON STREET LYNN MA 019024311 297195 0 X WWW.LYNNTEACHERSCU.ORG X 1935 MA FINANCIAL INSTITUTION FOR MEMBERS 1 11 0 0 158360 0 0 0 127529 158360 114066 138835 0 0 241595 297195 0 0 17977 35322 95053 99369 0 0 0 117981 100731 231011 235422 10584 61773 5017698 4869740 4133335 3893547 884363 976193 LYNN TEACHERS CREDIT UNION IS A CORPORATION PROVIDING FINANCIAL SERVICES TO THE TEACHERS AND EMPLOYEES OF THE LYNN SCHOOL DEPARTMENT. 0 0 35322 PROVIDED SAVINGS PROGRAMS FOR MEMBERS. PROVIDED LOANS FOR MEMBERS. CONSULTED WITH MEMBERS ABOUT FINANCIAL MATTERS. 35322 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 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1 11 1 0 0 0 1 1 0 1 1 0 0 1 0 0 1 0 0 0 X ADELE POLIZZOTTI 7815924936 33 NORTH COMMON ST LYNN MA 019024311 X WARREN WHITE PRES/CEO/AUDIT/INVEST 1.00 X X 0 0 0 ROGER O POOR TREAS/LOAN OFFICER 15.00 X X 15600 0 0 MAURA DURGIN-SCULLY CHAIR AUDIT/ INVEST 1.00 X 0 0 0 JAMES RIDLEY SECURITY/AUDIT/INVEST 1.00 X 0 0 0 CHRISTY N OFILOS VP 1.00 X X 0 0 0 KATHLEEN BOGART SECRETARY 1.00 X X 0 0 0 RICHARD MYLETTE AUDIT/INVEST 1.00 X 0 0 0 DORINE BRANSFIELD CREDIT CHAIR 1.00 X 0 0 0 CHRISOPHER WARREN CREDIT 1.00 X 0 0 0 ADELE POLIZZOTTI MANAGER 30.00 X 76031 0 0 ADOLPH GRACIALE DIRECTOR 1.00 X 0 0 0 GARY MOLEA CREDIT 1.00 X 0 0 0 91631 0 0 0 0 0 0 0 INTEREST ON LOANS 522100 155169 155169 MEMBERSHIP DUES 561000 3191 3191 158360 138835 138835 297195 0 158360 138835 35322 35322 91631 91631 3000 3000 4738 4738 24019 24019 9981 9981 15526 15526 2596 2596 1683 1683 9243 9243 ASSOC DUES/EXAMINATION 26451 26451 PROF & OUTSIDE SERVICES 7335 7335 COLLECTION EXPENSE/SECU 2163 2163 LOAN SERVICING EXP 1734 1734 235422 35322 200100 0 1 3609309 3101078 175383 171353 1180149 1547095 5680 5114 47176 45100 5017698 4869740 69749 71826 4063586 3821721 4133335 3893547 X 0 0 78555 78555 805808 897638 884363 976193 5017698 4869740 61773 0 X X 0 0 0 0 SHARES 3821721 3821721 KATHLEEN BOGART DIRECTOR HOME IMPROVEMENT X 40000 29797 0 1 1 RICHARD D MYLETTE DIRECTOR HOME IMPROVEMENT X 20000 19266 0 1 1 ADELE POLIZZOTTI MANAGER HOME IMPROVEMENT X 10000 10000 0 1 1 MAURA D SCULLY DIRECTOR USED AUTO X 22500 20562 0 1 1 MAURA D SCULLY DIRECTOR HOME IMPROVEMENT X 12000 6344 0 1 1 MAURA D SCULLY DIRECTOR HOME IMPROVEMENT X 7400 4617 0 1 1 CHRIS WARREN DIRECTOR HOME IMPROVEMENT X 25500 20099 0 1 1 ADOLPH GRACIALE DIRECTOR HOME IMPROVEMENT X 40000 16879 0 1 1 ADOLPH GRACIALE DIRECTOR PERSONAL X 28400 28400 0 1 1 DIRECTOR PERSONAL X 0 1 1 MAURA D SCULLY DIRECTOR PERSONAL X 8500 8500 0 1 1 MAURA D SCULLY DIRECTOR HOME IMPROVEMENT X 7000 6889 0 0 0 171353 ADELE POLIZZOTTI MANAGER LOAN 0 LINE 2B ALL FEDERAL EMPLOYMENT TAXES WERE FILED TIMELY. LINE 1C ORGANIZATION COMPLIED WITH BACKUP WITHHOLDING RULES, HOWEVER, NO PAYMENTS WERE REPORTABLE FOR VENDORS. GAMING WINNINGS ARE NOT APPLICABLE TO THIS ORGANIZATION. SECTION A LINE 8A MONTHLY BOARD OF DIRECTORS MEETINGS AND ANNUAL MEETINGS ARE DOCUMENTED. SECTION A LINE 8B THE AUDIT/SUPERVISORY COMMITTEE AND CREDIT COMMITTEE BOTH DOCUMENT THEIR MONTHLY MEETINGS. SECTION B LINE 14 ORGANIZATION HAS WRITTEN RETENTION AND DESTRUCTION POLICIES IN EFFECT. FORM 990, PART VI, SECTION A, LINE 2 A FATHER AND DAUGHTER ARE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ORGANIZATION HAS MEMBERS THAT MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B COPY OF THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS AT ITS MAY MEETING. SECTION C LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE ORGANIZATION OFFICE FOR THE PUBLIC TO REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING ORGANIZATION MADE ITS GOVERNING DOCUMENTS, COMFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC AT ITS OFFICE. LINE 2B EACH YEAR AN INDEPENDENT AUDITOR PERFORMS AN AUDIT OF THE FINANCIAL STATEMENTS OF THE ORGANIZATION.