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Employer Identification Number 01-0203515

SACO VALLEY CREDIT UNION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:SACO VALLEY CREDIT UNION
Employer identification number (EIN):01-0203515
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration SACO VALLEY CREDIT UNION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementPROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES.
Number of Employees27
Number of Volunteers0
Year Formed1947

Organization Governance

Legal DomicileME
Voting Members - Governing Body7
Voting Members - Independent7

Organization Financials

2024-12-31
Total unrelated business incomeUSD $ 23,669
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 6,096,668
Program Service Revenue from current yearUSD $ 7,268,177
Investment Income from prior yearUSD $ 857,413
Investment Income from current yearUSD $ 1,138,808
Other Revenue from prior yearUSD $ 1,197,433
Other Revenue from current yearUSD $ 1,246,451
Gross receipts from all sourcesUSD $ 9,653,436
Net assets / fund balances at end of fiscal yearUSD $ 18,561,800
Net assets / fund balances at beginning of fiscal yearUSD $ 17,264,263
Total liabilities at end of fiscal yearUSD $ 164,185,294
Total liabilities at beginning of fiscal yearUSD $ 154,156,228
Total assets at end of fiscal yearUSD $ 182,747,094
Total assets at beginning of fiscal yearUSD $ 171,420,491
Revenues less expenses for current yearUSD $ 1,297,537
Revenues less expenses for previous yearUSD $ 1,542,297
Total expenses for current yearUSD $ 8,355,899
Total expenses for previous yearUSD $ 6,609,217
Other expenses in current yearUSD $ 2,476,788
Other expenses in previous yearUSD $ 2,454,955
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,748,637
Employee salary and benefits paid in previous yearUSD $ 2,303,881
Benefits paid to or for members in current yearUSD $ 3,130,474
Benefits paid to or for members in previous yearUSD $ 1,850,381
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 9,653,436
Total revenue in previous fiscal yearUSD $ 8,151,514
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,246,451
2023-12-31
Total unrelated business incomeUSD $ 25,611
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 4,789,402
Program Service Revenue from current yearUSD $ 6,096,668
Investment Income from prior yearUSD $ 336,764
Investment Income from current yearUSD $ 857,413
Other Revenue from prior yearUSD $ 1,163,755
Other Revenue from current yearUSD $ 1,197,433
Gross receipts from all sourcesUSD $ 8,151,514
Net assets / fund balances at end of fiscal yearUSD $ 17,264,263
Net assets / fund balances at beginning of fiscal yearUSD $ 15,721,966
Total liabilities at end of fiscal yearUSD $ 154,156,228
Total liabilities at beginning of fiscal yearUSD $ 151,390,308
Total assets at end of fiscal yearUSD $ 171,420,491
Total assets at beginning of fiscal yearUSD $ 167,112,274
Revenues less expenses for current yearUSD $ 1,542,297
Revenues less expenses for previous yearUSD $ 977,090
Total expenses for current yearUSD $ 6,609,217
Total expenses for previous yearUSD $ 5,312,831
Other expenses in current yearUSD $ 2,454,955
Other expenses in previous yearUSD $ 2,308,817
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,303,881
Employee salary and benefits paid in previous yearUSD $ 2,063,364
Benefits paid to or for members in current yearUSD $ 1,850,381
Benefits paid to or for members in previous yearUSD $ 940,650
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 8,151,514
Total revenue in previous fiscal yearUSD $ 6,289,921
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,197,433
2022-12-31
Total unrelated business incomeUSD $ 29,787
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 4,329,004
Program Service Revenue from current yearUSD $ 4,789,402
Investment Income from prior yearUSD $ 45,142
Investment Income from current yearUSD $ 336,764
Other Revenue from prior yearUSD $ 1,065,382
Other Revenue from current yearUSD $ 1,163,755
Gross receipts from all sourcesUSD $ 6,289,921
Net assets / fund balances at end of fiscal yearUSD $ 15,721,966
Net assets / fund balances at beginning of fiscal yearUSD $ 14,744,876
Total liabilities at end of fiscal yearUSD $ 151,390,308
Total liabilities at beginning of fiscal yearUSD $ 148,978,342
Total assets at end of fiscal yearUSD $ 167,112,274
Total assets at beginning of fiscal yearUSD $ 163,723,218
Revenues less expenses for current yearUSD $ 977,090
Revenues less expenses for previous yearUSD $ 534,712
Total expenses for current yearUSD $ 5,312,831
Total expenses for previous yearUSD $ 4,904,816
Other expenses in current yearUSD $ 2,308,817
Other expenses in previous yearUSD $ 1,942,546
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,063,364
Employee salary and benefits paid in previous yearUSD $ 2,023,661
Benefits paid to or for members in current yearUSD $ 940,650
Benefits paid to or for members in previous yearUSD $ 938,609
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 6,289,921
Total revenue in previous fiscal yearUSD $ 5,439,528
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,163,755
2021-12-31
Total unrelated business incomeUSD $ 31,062
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 4,243,289
Program Service Revenue from current yearUSD $ 4,329,004
Investment Income from prior yearUSD $ -192,487
Investment Income from current yearUSD $ 45,142
Other Revenue from prior yearUSD $ 942,116
Other Revenue from current yearUSD $ 1,065,382
Gross receipts from all sourcesUSD $ 5,439,528
Net assets / fund balances at end of fiscal yearUSD $ 14,744,876
Net assets / fund balances at beginning of fiscal yearUSD $ 14,210,164
Total liabilities at end of fiscal yearUSD $ 148,978,342
Total liabilities at beginning of fiscal yearUSD $ 130,130,376
Total assets at end of fiscal yearUSD $ 163,723,218
Total assets at beginning of fiscal yearUSD $ 144,340,540
Revenues less expenses for current yearUSD $ 534,712
Revenues less expenses for previous yearUSD $ 106,568
Total expenses for current yearUSD $ 4,904,816
Total expenses for previous yearUSD $ 4,886,350
Other expenses in current yearUSD $ 1,942,546
Other expenses in previous yearUSD $ 1,943,146
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,023,661
Employee salary and benefits paid in previous yearUSD $ 1,829,173
Benefits paid to or for members in current yearUSD $ 938,609
Benefits paid to or for members in previous yearUSD $ 1,114,031
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 5,439,528
Total revenue in previous fiscal yearUSD $ 4,992,918
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,065,382
2020-12-31
Total unrelated business incomeUSD $ 36,523
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 4,156,188
Program Service Revenue from current yearUSD $ 4,243,289
Investment Income from prior yearUSD $ 615,390
Investment Income from current yearUSD $ -192,487
Other Revenue from prior yearUSD $ 949,201
Other Revenue from current yearUSD $ 942,116
Gross receipts from all sourcesUSD $ 5,392,119
Net assets / fund balances at end of fiscal yearUSD $ 14,210,164
Net assets / fund balances at beginning of fiscal yearUSD $ 13,716,461
Total liabilities at end of fiscal yearUSD $ 130,130,376
Total liabilities at beginning of fiscal yearUSD $ 114,647,549
Total assets at end of fiscal yearUSD $ 144,340,540
Total assets at beginning of fiscal yearUSD $ 128,364,010
Revenues less expenses for current yearUSD $ 106,568
Revenues less expenses for previous yearUSD $ 1,034,374
Total expenses for current yearUSD $ 4,886,350
Total expenses for previous yearUSD $ 4,686,405
Other expenses in current yearUSD $ 1,943,146
Other expenses in previous yearUSD $ 1,820,378
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,829,173
Employee salary and benefits paid in previous yearUSD $ 1,782,442
Benefits paid to or for members in current yearUSD $ 1,114,031
Benefits paid to or for members in previous yearUSD $ 1,083,585
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 4,992,918
Total revenue in previous fiscal yearUSD $ 5,720,779
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 942,116
2019-12-31
Total unrelated business incomeUSD $ 40,712
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,819,463
Program Service Revenue from current yearUSD $ 4,156,188
Investment Income from prior yearUSD $ 524,294
Investment Income from current yearUSD $ 615,390
Other Revenue from prior yearUSD $ 929,811
Other Revenue from current yearUSD $ 949,201
Gross receipts from all sourcesUSD $ 5,746,496
Net assets / fund balances at end of fiscal yearUSD $ 13,716,461
Net assets / fund balances at beginning of fiscal yearUSD $ 12,740,864
Total liabilities at end of fiscal yearUSD $ 114,647,549
Total liabilities at beginning of fiscal yearUSD $ 105,318,854
Total assets at end of fiscal yearUSD $ 128,364,010
Total assets at beginning of fiscal yearUSD $ 118,059,718
Revenues less expenses for current yearUSD $ 1,034,374
Revenues less expenses for previous yearUSD $ 981,419
Total expenses for current yearUSD $ 4,686,405
Total expenses for previous yearUSD $ 4,292,149
Other expenses in current yearUSD $ 1,820,378
Other expenses in previous yearUSD $ 1,634,580
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,782,442
Employee salary and benefits paid in previous yearUSD $ 1,794,965
Benefits paid to or for members in current yearUSD $ 1,083,585
Benefits paid to or for members in previous yearUSD $ 862,604
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 5,720,779
Total revenue in previous fiscal yearUSD $ 5,273,568
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 949,201
2018-12-31
Total unrelated business incomeUSD $ 82,937
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,706,473
Program Service Revenue from current yearUSD $ 3,819,463
Investment Income from prior yearUSD $ 284,875
Investment Income from current yearUSD $ 524,294
Other Revenue from prior yearUSD $ 782,902
Other Revenue from current yearUSD $ 929,811
Gross receipts from all sourcesUSD $ 5,273,568
Net assets / fund balances at end of fiscal yearUSD $ 12,740,864
Net assets / fund balances at beginning of fiscal yearUSD $ 11,803,113
Total liabilities at end of fiscal yearUSD $ 105,318,854
Total liabilities at beginning of fiscal yearUSD $ 101,475,871
Total assets at end of fiscal yearUSD $ 118,059,718
Total assets at beginning of fiscal yearUSD $ 113,278,984
Revenues less expenses for current yearUSD $ 981,419
Revenues less expenses for previous yearUSD $ 725,701
Total expenses for current yearUSD $ 4,292,149
Total expenses for previous yearUSD $ 4,048,549
Other expenses in current yearUSD $ 1,634,580
Other expenses in previous yearUSD $ 1,563,937
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,794,965
Employee salary and benefits paid in previous yearUSD $ 1,722,233
Benefits paid to or for members in current yearUSD $ 862,604
Benefits paid to or for members in previous yearUSD $ 762,379
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 5,273,568
Total revenue in previous fiscal yearUSD $ 4,774,250
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 929,811
2017-12-31
Total unrelated business incomeUSD $ 55,578
Net unrelated business incomeUSD $ -6,508
Program Service Revenue from prior yearUSD $ 3,634,481
Program Service Revenue from current yearUSD $ 3,706,473
Investment Income from prior yearUSD $ 224,992
Investment Income from current yearUSD $ 284,875
Other Revenue from prior yearUSD $ 765,010
Other Revenue from current yearUSD $ 782,902
Gross receipts from all sourcesUSD $ 4,865,814
Net assets / fund balances at end of fiscal yearUSD $ 11,803,113
Net assets / fund balances at beginning of fiscal yearUSD $ 11,059,285
Total liabilities at end of fiscal yearUSD $ 101,475,871
Total liabilities at beginning of fiscal yearUSD $ 97,675,566
Total assets at end of fiscal yearUSD $ 113,278,984
Total assets at beginning of fiscal yearUSD $ 108,734,851
Revenues less expenses for current yearUSD $ 725,701
Revenues less expenses for previous yearUSD $ 712,173
Total expenses for current yearUSD $ 4,048,549
Total expenses for previous yearUSD $ 3,912,310
Other expenses in current yearUSD $ 1,563,937
Other expenses in previous yearUSD $ 1,606,760
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,722,233
Employee salary and benefits paid in previous yearUSD $ 1,574,820
Benefits paid to or for members in current yearUSD $ 762,379
Benefits paid to or for members in previous yearUSD $ 730,730
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 4,774,250
Total revenue in previous fiscal yearUSD $ 4,624,483
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 782,902
2016-12-31
Total unrelated business incomeUSD $ 40,626
Net unrelated business incomeUSD $ -23,059
Program Service Revenue from prior yearUSD $ 3,603,846
Program Service Revenue from current yearUSD $ 3,634,481
Investment Income from prior yearUSD $ 178,619
Investment Income from current yearUSD $ 224,992
Other Revenue from prior yearUSD $ 753,951
Other Revenue from current yearUSD $ 765,010
Gross receipts from all sourcesUSD $ 4,804,468
Net assets / fund balances at end of fiscal yearUSD $ 11,059,285
Net assets / fund balances at beginning of fiscal yearUSD $ 10,286,712
Total liabilities at end of fiscal yearUSD $ 97,675,566
Total liabilities at beginning of fiscal yearUSD $ 93,774,481
Total assets at end of fiscal yearUSD $ 108,734,851
Total assets at beginning of fiscal yearUSD $ 104,061,193
Revenues less expenses for current yearUSD $ 712,173
Revenues less expenses for previous yearUSD $ 795,579
Total expenses for current yearUSD $ 3,912,310
Total expenses for previous yearUSD $ 3,740,837
Other expenses in current yearUSD $ 1,606,760
Other expenses in previous yearUSD $ 1,524,675
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,574,820
Employee salary and benefits paid in previous yearUSD $ 1,470,718
Benefits paid to or for members in current yearUSD $ 730,730
Benefits paid to or for members in previous yearUSD $ 745,444
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 4,624,483
Total revenue in previous fiscal yearUSD $ 4,536,416
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 765,010

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 010203515

USA Location Address
312 MAIN ST
SACO
ME
04072
Date first seen: 2007-01-01
Date last seen: 2025-12-31
USA Location Address
PO BOX 740
SACO
ME
040720740
Date first seen: 2011-06-17
Date last seen: 2024-06-16
401k Sponsor USA Address
PO BOX 740
SACO
ME
040720740
Date first seen: 2025-06-04
Date last seen: 2025-06-04

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The following companies are located in the same ZIP code areas:

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