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New London Municipal Employees Credit Union Inc

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$114k (2020)

Expenses
$142k (2020)

Total Assets
$3.23M (2020)

Total Liabilities
$2.6M (2020)

Source: Form 990 tax filings from 2011 to 2020

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$113,511
Expenses
$141,823
Net Income
-$28,312
Net Assets
$634,802
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,050
0.9%
Investment Income $109,365
96.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,096
2.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $90,410
63.7%
Assets/Debt
Total Assets $3,232,846
Total Liabilities $2,598,044
Net Assets $634,802
Compensation
Key Employees and Officers Compensation Related Other
Barbara Paul (Treasurer) $0 $0 $0
Maureen Farrell (Director) $0 $0 $0
Daniel Pabon (Director) $0 $0 $0
Joseph Nott Jr (Director) $0 $0 $0
Mark Topliff (President) $0 $0 $0
Michael Tranchida (Vice President) $0 $0 $0
Donna Rinehart (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$138,717
Expenses
$137,958
Net Income
$759
Net Assets
$663,115
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,123
0.8%
Investment Income $130,872
94.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,722
4.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $90,019
65.3%
Assets/Debt
Total Assets $3,218,935
Total Liabilities $2,555,820
Net Assets $663,115
Compensation
Key Employees and Officers Compensation Related Other
Barbara Paul (Treasurer) $0 $4,822 $0
Maureen Farrell (Director) $0 $0 $0
Donna Rinehart (Director) $0 $0 $0
Hope Mathis (Director) $0 $0 $0
Mark Topliff (President) $0 $0 $0
Michael Tranchida (Vice President) $0 $0 $0
Paige Walton (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$123,241
Expenses
$136,691
Net Income
-$13,450
Net Assets
$662,356
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $701
0.6%
Investment Income $116,314
94.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,226
5.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $91,666
67.1%
Assets/Debt
Total Assets $3,031,993
Total Liabilities $2,369,637
Net Assets $662,356
Compensation
Key Employees and Officers Compensation Related Other
Barbara Paul (Treasurer) $12,109 $0 $0
Matthew Condon (President) $0 $0 $0
Mark Topliff (Vice President) $0 $0 $0
Margaret Cherrick (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$111,325
Expenses
$133,514
Net Income
-$22,189
Net Assets
$675,806
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $807
0.7%
Investment Income $105,936
95.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,582
4.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $88,019
65.9%
Assets/Debt
Total Assets $2,915,375
Total Liabilities $2,239,569
Net Assets $675,806
Compensation
Key Employees and Officers Compensation Related Other
Barbara Paul (Treasurer) $8,783 $0 $0
Matthew Condon (President) $0 $0 $0
Mark Topliff (Vice President) $0 $0 $0
Margaret Cherrick (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$115,294
Expenses
$129,785
Net Income
-$14,491
Net Assets
$697,995
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $992
0.9%
Investment Income $109,408
94.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,894
4.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $78,889
60.8%
Assets/Debt
Total Assets $2,939,555
Total Liabilities $2,241,560
Net Assets $697,995
Compensation
Key Employees and Officers Compensation Related Other
Barbara Paul (Treasurer) $12,781 $0 $0
Matthew Condon (President) $0 $0 $0
Mark Topliff (Vice President) $0 $0 $0
Margaret Cherrick (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$115,423
Expenses
$114,541
Net Income
$882
Net Assets
$712,486
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $706
0.6%
Investment Income $109,707
95.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,010
4.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $71,442
62.4%
Assets/Debt
Total Assets $2,988,292
Total Liabilities $2,275,806
Net Assets $712,486
Compensation
Key Employees and Officers Compensation Related Other
Barbara Paul (Treasurer) $13,589 $0 $0
Matthew Condon (President) $0 $0 $0
Mark Topliff (Vice President) $0 $0 $0
Margaret Cherrick (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$110,773
Expenses
$95,052
Net Income
$15,721
Net Assets
$711,604
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $847
0.8%
Investment Income $105,183
95.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,743
4.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $79,598
83.7%
Assets/Debt
Total Assets $3,015,547
Total Liabilities $2,303,943
Net Assets $711,604
Compensation
Key Employees and Officers Compensation Related Other
Barbara Paul (Treasurer) $22,353 $0 $0
Matthew Condon (President) $0 $0 $0
Mark Topliff (Vice President) $0 $0 $0
Margaret Cherrick (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$101,356
Expenses
$131,504
Net Income
-$30,148
Net Assets
$695,883
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,147
1.1%
Investment Income $94,736
93.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,473
5.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $73,011
55.5%
Assets/Debt
Total Assets $3,181,529
Total Liabilities $2,485,646
Net Assets $695,883
Compensation
Key Employees and Officers Compensation Related Other
Barbara Paul (Treasurer/Ceo) $45,624 $0 $0
Matthew Condon (President) $0 $0 $0
Mark Topliff (Vice President) $0 $0 $0
Margaret Cherrick (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$115,448
Expenses
$120,006
Net Income
-$4,558
Net Assets
$726,031
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,489
1.3%
Investment Income $109,204
94.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,755
4.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $67,078
55.9%
Assets/Debt
Total Assets $3,074,263
Total Liabilities $2,348,232
Net Assets $726,031

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$130,023
Expenses
$208,037
Net Income
-$78,014
Net Assets
$730,590
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,052
1.6%
Investment Income $124,014
95.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,957
3.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $68,769
33.1%
Assets/Debt
Total Assets $2,972,327
Total Liabilities $2,241,737
Net Assets $730,590

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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