Nonprofit · EIN 04-2495191
BILLERICA MUNICIPAL EMPLOYEES CREDIT UNION
Tax-exempt · BILLERICA, MA 01821
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $836,165 | $683,595 | $152,570 | $24,105,822 | $20,026,416 | $4,079,406 |
| December 31, 2024 | 990 | $663,870 | $502,710 | $161,160 | $22,051,205 | $18,126,368 | $3,924,837 |
| December 31, 2023 | 990 | $598,718 | $354,926 | $243,792 | $19,170,141 | $15,406,464 | $3,763,677 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $318,544
- Investment income
- $512,344
- Other revenue
- $5,277
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $157,736
- Salaries, compensation and benefits (total)
- $189,967
- Professional fundraising fees
- $0
- Accounting fees
- $33,174
- Occupancy
- $86
- Depreciation
- $5,118
- Fundraising (functional)
- $683,595
Balance sheet and other
- Total assets, start of year
- $22,051,205
- Total assets, end of year
- $24,105,822
- Total liabilities, end of year
- $20,026,416
- Net assets, end of year
- $4,079,406
- Land, buildings and equipment
- $8,259
- Net assets without donor restrictions
- $4,079,406
- Gross receipts
- $836,165
- Employees
- 3
- Volunteers
- 11
- Year formed
- 2012
- 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 | From related orgs |
|---|---|---|---|---|
| Edward Dunton | Treasurer Officer | 12 | $0 | $40,541 |
| Paul Morris | Chairperson/President Trustee or director, Officer | 3 | $0 | $0 |
| Donna McCoy | Clerk/Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Daniel Powderly | Director Trustee or director | 2 | $0 | $0 |
| Olivia Canario | Director Trustee or director | 2 | $0 | $0 |
| Maureen Dunton | Director Trustee or director | 2 | $0 | $0 |
| Mary St George | Vice Chairperson Trustee or director | 2 | $0 | $0 |
| Joseph Devlin | Director Trustee or director | 2 | $0 | $0 |
| Allen Metivier | Director Trustee or director | 2 | $0 | $0 |
| Kevin C Buckley | Assistant Treasurer Trustee or director | 2 | $0 | $0 |
| Glen Magnan | Director Trustee or director | 2 | $0 | $0 |
| Jeanne Teehan | Director Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Edward Dunton | Treasurer Officer | 12 | $59,956 |
| Paul Morris | Chairperson/President Trustee or director, Officer | 3 | $0 |
| Donna McCoy | Clerk/Secretary Trustee or director, Officer | 2 | $0 |
| Daniel Powderly | Director Trustee or director | 2 | $0 |
| Olivia Canario | Director Trustee or director | 2 | $0 |
| Maureen Dunton | Director Trustee or director | 2 | $0 |
| Mary St George | Vice Chairperson Trustee or director | 2 | $0 |
| Joseph Devlin | Director Trustee or director | 2 | $0 |
| Allen Metivier | Director Trustee or director | 2 | $0 |
| Kevin C Buckley | Assistant Treasurer Trustee or director | 2 | $0 |
| Glen Magnan | Director Trustee or director | 2 | $0 |
| Jeanne Teehan | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Edward Dunton | Treasurer Officer | 20 | $56,652 |
| Paul Morris | Chairperson/President Trustee or director, Officer | 3 | $0 |
| Donna McCoy | Clerk/Secretary Trustee or director, Officer | 2 | $0 |
| Daniel Powderly | Director Trustee or director | 2 | $0 |
| Olivia Canario | Director Trustee or director | 2 | $0 |
| Maureen Dunton | Director Trustee or director | 2 | $0 |
| Mary St George | Director Trustee or director | 2 | $0 |
| Joseph Devlin | Director Trustee or director | 2 | $0 |
| Allen Metivier | Director Trustee or director | 2 | $0 |
| Kevin C Buckley | Assistant Treasurer Trustee or director | 2 | $0 |
| Glen Magnan | Director Trustee or director | 2 | $0 |
| Jeanne Teehan | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 365 BOSTON RD STE 107, BILLERICA, MA 01821-1892
- Principal officer (990 for 2025)
- Paul Morris, 365 Boston Rd, Billerica, MA 01821
- Signed the 990
- Paul Morris, President
- Phone
- (978) 667-2434
- Return prepared by
- Joseph Schiappa CPA
Mission
Deposit gathering and lending to members
Program accomplishments
- Members of the credit union are provided loan and deposit services.
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
- 04-2495191
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1979
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $24,105,822
- Income (IRS master file)
- $836,165
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $836,165 | $683,595 | $24,105,822 | IRS |
| 990 | December 2024 | $663,870 | $502,710 | $22,051,205 | IRS |
| 990 | December 2023 | $598,718 | $354,926 | $19,170,141 | XML |
| 990 | December 2022 | $435,732 | $345,243 | $19,859,292 | 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 04-2495191).
Questions about BILLERICA MUNICIPAL EMPLOYEES CREDIT UNION
- What is the EIN of BILLERICA MUNICIPAL EMPLOYEES CREDIT UNION?
- The employer identification number (EIN) of BILLERICA MUNICIPAL EMPLOYEES CREDIT UNION is 04-2495191.
- Is BILLERICA MUNICIPAL EMPLOYEES CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1979.
- Are donations to BILLERICA MUNICIPAL EMPLOYEES CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BILLERICA MUNICIPAL EMPLOYEES 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 BILLERICA MUNICIPAL EMPLOYEES CREDIT UNION 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 BILLERICA MUNICIPAL EMPLOYEES CREDIT UNION 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 BILLERICA MUNICIPAL EMPLOYEES CREDIT UNION?
- The 990 for the year ended December 31, 2025 names Paul Morris.
- Who are the officers and directors of BILLERICA MUNICIPAL EMPLOYEES CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does BILLERICA MUNICIPAL EMPLOYEES CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $836,165, expenses of $683,595 and total assets of $24,105,822 at year end.
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