Skip to main content

Nonprofit · EIN 06-0759505

COMMUNITY CREDIT UNION OF NEW MILFORD INC

Tax-exempt · NEW MILFORD, CT 06776

Financials

$612K$526K2023$716K$566K2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY CREDIT UNION OF NEW MILFORD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$716,055$565,971$150,084$15,353,774$14,123,077$1,230,697
December 31, 2023990$612,292$525,981$86,311$15,155,045$14,074,432$1,080,613
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$711,064
Investment income
$0
Other revenue
$4,991

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$147,180
Salaries, compensation and benefits (total)
$258,765
Professional fundraising fees
$0
Accounting fees
$7,775
Occupancy
$49,387
Depreciation
$8,247
Program services (functional)
$565,971

Balance sheet and other

Total assets, start of year
$15,155,045
Total assets, end of year
$15,353,774
Total liabilities, end of year
$14,123,077
Net assets, end of year
$1,230,697
Gross unrelated business income
$4,991
Gross receipts
$716,055
Employees
4
Year formed
1959
State of legal domicile
CT

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.

NameTitleHours / weekCompensation
JOHN T KMETZ IIICEO
Officer
45$74,458
ELIZABETH DUNNBOARD MEMBER
Trustee or director
2$0
PETER STONEBOARD MEMBER
Trustee or director
2$0
WILLIAM GILLENBOARD MEMBER
Trustee or director
2$0
GEORGE ASSADSecretary
Officer
2$0
KEVIN BROWNTreasurer
Officer
2$0
MARTIN LANDGREBEChairman
Officer
2$0
GARY LUCENTEVICE CHAIR
Officer
2$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
JOHN T KMETZ IIICEO
Officer
45$69,642
ELIZABETH DUNNBOARD MEMBER
Trustee or director
2$0
PETER STONEBOARD MEMBER
Trustee or director
2$0
GARY LUCENTEBOARD MEMBER
Trustee or director
2$0
GEORGE ASSADSecretary
Officer
2$0
KEVIN BROWNVICE CHAIR
Officer
2$0
MARTIN LANDGREBEChairman
Officer
2$0
GEORGE C BUCKBEETreasurer
Officer
2$0

Address and contacts

Address (IRS master file)
145C DANBURY RD, NEW MILFORD, CT 06776-3436
Signed the 990
JOHN T KMETZ III, CEO
Phone
(860) 210-0777
Return prepared by
CT BUSINESS SERVICES LLC

Mission

PROVIDE SAVINGS AND BORROWING THRU MEMBER OWNED FINANCIAL COOPERATIVE.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE SAVINGS AND BORROWING THRU MEMBER OWNED FINANCIAL COOPERATIVE. THE ORGAINZATION OFFERS MEMBERS SAVINGS ACCOUNTS, CHECKING ACCOUNTS, AND LOANS.
    Expenses $565,971 · revenue $711,064

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
06-0759505
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1976
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,353,774
Income (IRS master file)
$716,055

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$716,055$565,971$15,353,774XML
990December 2023$612,292$525,981$15,155,045XML
990December 2022$596,963$513,360$15,400,164IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 06-0759505).

Questions about COMMUNITY CREDIT UNION OF NEW MILFORD INC

What is the EIN of COMMUNITY CREDIT UNION OF NEW MILFORD INC?
The employer identification number (EIN) of COMMUNITY CREDIT UNION OF NEW MILFORD INC is 06-0759505.
Is COMMUNITY CREDIT UNION OF NEW MILFORD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
Are donations to COMMUNITY CREDIT UNION OF NEW MILFORD INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does COMMUNITY CREDIT UNION OF NEW MILFORD INC 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 NEW MILFORD INC 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 COMMUNITY CREDIT UNION OF NEW MILFORD INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of COMMUNITY CREDIT UNION OF NEW MILFORD INC?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $74,458 (JOHN T KMETZ III, CEO).
How much revenue does COMMUNITY CREDIT UNION OF NEW MILFORD INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $716,055, expenses of $565,971 and total assets of $15,353,774 at year end.

Other nonprofits in NEW MILFORD

All nonprofits in NEW MILFORD · Connecticut