Nonprofit · EIN 04-2314232
QUINCY CREDIT UNION
Tax-exempt · QUINCY, MA 02169
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $32,183,871 | $28,674,666 | $3,509,205 | $693,345,692 | $623,628,340 | $69,717,352 |
| December 31, 2023 | 990 | $31,740,273 | $25,058,979 | $6,681,294 | $712,234,801 | $649,640,423 | $62,594,378 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $26,465,964
- Investment income
- $5,327,767
- Net rental income
- $390,140
- Other revenue
- $390,140
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $9,931,626
- Compensation of officers, directors and key employees
- $900,302
- Other salaries and wages
- $5,423,115
- Salaries, compensation and benefits (total)
- $8,563,596
- Professional fundraising fees
- $0
- Accounting fees
- $115,472
- Depreciation
- $687,129
Balance sheet and other
- Total assets, start of year
- $712,234,801
- Total assets, end of year
- $693,345,692
- Total liabilities, end of year
- $623,628,340
- Net assets, end of year
- $69,717,352
- Land, buildings and equipment
- $13,337,226
- Publicly traded securities
- $182,303,947
- Net assets without donor restrictions
- $69,717,352
- Gross receipts
- $32,183,871
- Employees
- 103
- Volunteers
- 14
- Year formed
- 1937
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| John Miller | CEO Officer, Highest-paid employee | 40 | $622,281 | $62,299 |
| Denise Fillis | CFO / Treasurer Officer | 40 | $258,005 | $64,288 |
| Steven Kunkel | Chief Operations Officer Key employee | 40 | $276,016 | $37,653 |
| Matthew Lindblom | Chief Technology Officer Key employee | 40 | $251,015 | $33,151 |
| Sean Dunn | CLO Key employee | 40 | $224,137 | $46,659 |
| Paul Keenan | Chairman Trustee or director, Officer | 5 | $10,008 | $2,329 |
| Michael Conners | Clerk Trustee or director, Officer | 5 | $10,008 | $1,856 |
| Stewart Steele | Director Trustee or director | 2 | $0 | $8,955 |
| John Scribi | Director Trustee or director | 2 | $0 | $3,939 |
| Ernest Arienti | Vice Chairman Trustee or director | 2 | $0 | $3,581 |
| William Barron | Director Trustee or director | 2 | $0 | $1,859 |
| Harold Goodwin | Director Trustee or director | 2 | $0 | $1,856 |
| William Phelan | Director Trustee or director | 2 | $0 | $1,856 |
| Michael Hobin | Director Trustee or director | 2 | $0 | $1,856 |
| Michael Granahan | Director Trustee or director | 2 | $0 | $1,856 |
4 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Robert Hanna | Director Trustee or director | 2 | $0 | $1,856 |
| John Barber | Director Trustee or director | 2 | $0 | $1,856 |
| Paul Daley | Director Trustee or director | 2 | $0 | $1,856 |
| Paul O'Connell | Asst Treasurer Trustee or director | 2 | $0 | $1,856 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| John Miller | CEO Officer, Highest-paid employee | 40 | $499,388 | $57,732 |
| Denise Fillis | CFO / Treasurer Officer | 40 | $217,572 | $57,256 |
| Sean Dunn | CLO Key employee | 40 | $197,139 | $44,458 |
| Matthew Lindblom | Chief Technology Officer Key employee | 40 | $201,132 | $29,496 |
| Steven Kunkel | Chief Operations Officer Key employee | 40 | $154,904 | $22,325 |
| Harold Goodwin | Clerk Trustee or director, Officer | 5 | $10,008 | $84 |
| William Phelan | Chairman Trustee or director, Officer | 5 | $10,008 | $84 |
| Stewart Steele | Director Trustee or director | 2 | $0 | $8,928 |
| William Barron | Director Trustee or director | 2 | $0 | $84 |
| Michael Hobin | Director Trustee or director | 2 | $0 | $84 |
| Ernest Arienti | Director Trustee or director | 2 | $0 | $84 |
| Paul Keenan | Vice Chairman Trustee or director | 2 | $0 | $84 |
| John Scribi | Director Trustee or director | 2 | $0 | $84 |
| Michael Granahan | Director Trustee or director | 2 | $0 | $84 |
| Robert Hanna | Director Trustee or director | 2 | $0 | $84 |
| John Barber | Director Trustee or director | 2 | $0 | $84 |
| Paul Daley | Director Trustee or director | 2 | $0 | $84 |
| Paul O'Connell | Director Trustee or director | 2 | $0 | $84 |
| Michael Conners | Asst. Treasurer Trustee or director | 2 | $0 | $84 |
Address and contacts
- Address (IRS master file)
- 100 QUINCY AVE, QUINCY, MA 02169-6714
- In care of
- % CHRISTINE TOBIN
- Principal officer (990 for 2024)
- John Miller, 100 Quincy Ave, Quincy, MA 02169
- Signed the 990
- Denise Fillis, CFO
- Phone
- (617) 479-5558
- Website
- www.qcu.org
Mission
Provide our members the best financial services possible in order to successfully satisfy their financial needs and requirements.
Program accomplishments
- Dividends and Insurance paid to and for our members.Expenses $9,931,626
- Loan servicing expenses and outside services.Expenses $5,008,902
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 | Not 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
- 04-2314232
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1941
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $693,345,692
- Income (IRS master file)
- $32,183,871
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $32,183,871 | $28,674,666 | $693,345,692 | IRS |
| 990 | December 2023 | $31,740,273 | $25,058,979 | $712,234,801 | XML |
| 990 | December 2022 | $23,310,386 | $18,310,153 | $710,026,576 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 04-2314232).
Questions about QUINCY CREDIT UNION
- What is the EIN of QUINCY CREDIT UNION?
- The employer identification number (EIN) of QUINCY CREDIT UNION is 04-2314232.
- Is QUINCY CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1941.
- Are donations to QUINCY CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does QUINCY CREDIT UNION 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 QUINCY CREDIT UNION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did QUINCY CREDIT UNION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of QUINCY CREDIT UNION?
- The 990 for the year ended December 31, 2024 names John Miller.
- Who are the officers and directors of QUINCY CREDIT UNION?
- The 990 for the year ended December 31, 2024 lists 19 people; 7 received compensation from the organization, the highest $622,281 (John Miller, CEO).
- How much revenue does QUINCY CREDIT UNION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $32,183,871, expenses of $28,674,666 and total assets of $693,345,692 at year end.
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