Nonprofit · EIN 04-2207787
COMMUNITY CREDIT UNION OF LYNN
Tax-exempt · LYNN, MA 01901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $10,530,274 | $11,577,745 | -$1,047,471 | $181,306,806 | $170,316,694 | $10,990,112 |
| December 31, 2024 | 990 | $9,895,182 | $11,074,083 | -$1,178,901 | $169,146,711 | $158,097,340 | $11,049,371 |
| December 31, 2023 | 990 | $9,172,273 | $9,066,697 | $105,576 | $157,375,837 | $145,110,655 | $12,265,182 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $8,262,121
- Investment income
- $2,268,153
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $278,323
- Other salaries and wages
- $2,246,185
- Salaries, compensation and benefits (total)
- $3,074,373
- Professional fundraising fees
- $0
- Legal fees
- $97,214
- Accounting fees
- $531,330
- Occupancy
- $569,640
- Travel
- $35,061
- Program services (functional)
- $4,132,865
- Management and general (functional)
- $7,444,880
Balance sheet and other
- Total assets, start of year
- $169,146,711
- Total assets, end of year
- $181,306,806
- Total liabilities, end of year
- $170,316,694
- Net assets, end of year
- $10,990,112
- Land, buildings and equipment
- $2,917,790
- Publicly traded securities
- $27,059,654
- Gross receipts
- $10,530,274
- Employees
- 35
- Year formed
- 1955
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICHOLAS SARANTOPOULOS | CEO Trustee or director, Officer | 40 | $278,323 |
| JOHN DEMAKES | DIRECTOR Trustee or director | – | $0 |
| EMANUEL FRANGIADAKIS | DIRECTOR Trustee or director | – | $0 |
| JEREMY HMURA | DIRECTOR Trustee or director | – | $0 |
| PETER KATSOS | DIRECTOR Trustee or director | – | $0 |
| THOMAS LDEMAKES | DIRECTOR Trustee or director | – | $0 |
| PASQUALE LAFRAZIA | CFO Trustee or director, Officer | – | $0 |
| WILLIAM MANTZOUKAS | DIRECTOR Trustee or director | – | $0 |
| JOHN MEKLIS | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICHOLAS SARANTOPOULOS | PRESIDENT/CE Trustee or director, Officer | 40 | $246,168 |
| JOHN DEMAKES | DIRECTOR Trustee or director | – | $0 |
| JEREMY HMURA | DIRECTOR Trustee or director | – | $0 |
| PETER KATSOS | DIRECTOR Trustee or director | – | $0 |
| THOMAS LDEMAKES | DIRECTOR Trustee or director | – | $0 |
| PASQUALE LAFRAZIA | CFO Trustee or director, Officer | – | $0 |
| WILLIAM MANTZOUKAS | DIRECTOR Trustee or director | – | $0 |
| JOHN MEKLIS | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICHOLAS SARANTOPOULOS | PRESIDENT/CE Trustee or director, Officer | 40 | $231,992 |
| WILLIAM BOORAS | DIRECTOR Trustee or director | – | $0 |
| JOHN DEMAKES | DIRECTOR Trustee or director | – | $0 |
| GEORGE GIANARIKAS | DIRECTOR Trustee or director | – | $0 |
| JEREMY HMURA | DIRECTOR Trustee or director | – | $0 |
| PETER KATSOS | DIRECTOR Trustee or director | – | $0 |
| THOMAS LDEMAKES | DIRECTOR Trustee or director | – | $0 |
| WILLIAM MANTZOUKAS | DIRECTOR Trustee or director | – | $0 |
| JOHN MEKLIS | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 1 ANDREW ST, LYNN, MA 01901-1101
- Principal officer (990 for 2025)
- NICHOLAS SARANTOPOULOS, 1 ANDREW STREET, PEABODY, MA 01960
- Signed the 990
- NICHOLAS SARANTOPOULOS, CEO
- Phone
- (781) 598-0820
- Website
- WWW.MYCCU.ORG
- Return prepared by
- DEMAKIS INC CPA
Mission
CREDIT UNION MEMBER SERVICE/THRIFT
Program accomplishments
- MAINTENANCE OF MEMBER SHARE AND DEPOSIT ACCOUNTS AND THE PAYMENT OF INTEREST THEREONExpenses $4,132,865
- MAINTENANCE OF MEMBER SHARE AND DEPOSIT ACCOUNTS AND THE PAYMENT OF INTEREST THEREON
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2207787
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1956
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $181,306,806
- Income (IRS master file)
- $10,530,274
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $10,530,274 | $11,577,745 | $181,306,806 | XML |
| 990 | December 2024 | $9,895,182 | $11,074,083 | $169,146,711 | XML |
| 990 | December 2023 | $9,172,273 | $9,066,697 | $157,375,837 | XML |
| 990 | December 2022 | $6,221,241 | $6,621,336 | $150,226,990 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2207787).
Questions about COMMUNITY CREDIT UNION OF LYNN
- What is the EIN of COMMUNITY CREDIT UNION OF LYNN?
- The employer identification number (EIN) of COMMUNITY CREDIT UNION OF LYNN is 04-2207787.
- Is COMMUNITY CREDIT UNION OF LYNN tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1956.
- Are donations to COMMUNITY CREDIT UNION OF LYNN tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does COMMUNITY CREDIT UNION OF LYNN file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMUNITY CREDIT UNION OF LYNN due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY CREDIT UNION OF LYNN last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of COMMUNITY CREDIT UNION OF LYNN?
- The 990 for the year ended December 31, 2025 names NICHOLAS SARANTOPOULOS.
- Who are the officers and directors of COMMUNITY CREDIT UNION OF LYNN?
- The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $278,323 (NICHOLAS SARANTOPOULOS, CEO).
- How much revenue does COMMUNITY CREDIT UNION OF LYNN have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $10,530,274, expenses of $11,577,745 and total assets of $181,306,806 at year end.
Other nonprofits in LYNN
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- LYNN COMMUNITY HEALTH INC EIN 04-2525066 · last filed 990 for 2025
- GREATER LYNN SENIOR SERVICES INC EIN 04-2581129 · last filed 990 for 2025
- CENTERBOARD INC EIN 04-3019658 · last filed 990 for 2025
- LEO INC EIN 04-2378885 · last filed 990 for 2025
- ALL CARE VNA OF GREATER LYNN INC EIN 04-2214847 · last filed 990 for 2024
- ALL CARE HOSPICE INC EIN 35-2231860 · last filed 990 for 2024
- ASPIRE DEVELOPMENTAL SERVICES INC EIN 04-2204289 · last filed 990 for 2025