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Directors Choice Credit Union

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Organization summary might be incomplete or out of date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.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$572k (2023)

Expenses
$330k (2023)

Total Assets
$11.6M (2023)

Total Liabilities
$9.25M (2023)

Source: Form 990 tax filings from 2015 to 2023

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.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$571,912
Expenses
$330,468
Net Income
$241,444
Net Assets
$2,307,170
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $470,406
82.3%
Investment Income $79,320
13.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $22,186
3.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,558,225
Total Liabilities $9,251,055
Net Assets $2,307,170
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Wayne Brasco (Board Member) $0 $0 $0
Eugene M Guarino (Chair) $0 $0 $0
Frank Kerbein (Board Member) $0 $0 $0
Charles Waterman (Board Member) $0 $0 $0
Kelly Deitz (Sec/Treas) $0 $0 $0
Todd Kilmer (Board Member) $0 $0 $0
David Parente (Board Member) $0 $0 $0
Michael Lanotte (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$423,757
Expenses
$273,440
Net Income
$150,317
Net Assets
$2,056,266
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $372,115
87.8%
Investment Income $29,176
6.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $22,466
5.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,872,621
Total Liabilities $9,816,355
Net Assets $2,056,266
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David A Parente (Board Member) $0 $0 $0
Eugene M Guarino (Chair) $0 $0 $0
Lester R Grummons (Board Member) $0 $0 $0
Frank Kerbein (Board Member) $0 $0 $0
Charles Waterman (Board Member) $0 $0 $0
Kelly Deitz (Sec/Treas) $0 $0 $0
Todd Kilmer (Board Member) $0 $0 $0
Michael Lanotte (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$451,468
Expenses
$302,901
Net Income
$148,567
Net Assets
$1,915,409
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $387,722
85.9%
Investment Income $22,814
5.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $40,932
9.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,600,333
Total Liabilities $10,684,924
Net Assets $1,915,409
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David A Parente (Board Member) $0 $0 $0
Eugene M Guarino (Chair) $0 $0 $0
Lester R Grummons (Board Member) $0 $0 $0
Frank Kerbein (Board Member) $0 $0 $0
Charles Waterman (Board Member) $0 $0 $0
Kelly Deitz (Sec/Treas) $0 $0 $0
Todd Kilmer (Board Member) $0 $0 $0
Michael Lanotte (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$459,166
Expenses
$326,978
Net Income
$132,188
Net Assets
$1,766,842
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $401,956
87.5%
Investment Income $39,045
8.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $18,165
4.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,301,899
Total Liabilities $10,535,057
Net Assets $1,766,842
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David A Parente (Board Member) $0 $0 $0
Eugene M Guarino (Chair) $0 $0 $0
Lester R Grummons (Board Member) $0 $0 $0
Frank Kerbein (Board Member) $0 $0 $0
Charles Waterman (Board Member) $0 $0 $0
Kelly Deitz (Sec/Treas) $0 $0 $0
Todd Kilmer (Board Member) $0 $0 $0
Michael Lanotte (President) $0 $0 $0
Chris Caradori (Director/Coo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$422,351
Expenses
$282,793
Net Income
$139,558
Net Assets
$1,634,654
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $353,646
83.7%
Investment Income $52,069
12.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,636
3.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,393,882
Total Liabilities $9,759,228
Net Assets $1,634,654
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Walter J Kent (Vice Chair) $0 $0 $0
David A Parente (Board Member) $0 $0 $0
Lester R Grummons (Board Member) $0 $0 $0
Frank Kerbein (Board Member) $0 $0 $0
Charles Waterman (Board Member) $0 $0 $0
Eugene M Guarino (Chair) $0 $0 $0
Warren Riles (Sec/Treas) $0 $0 $0
Michael Lanotte (President) $0 $0 $0
Chris Caradori (Director/Coo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$352,133
Expenses
$231,429
Net Income
$120,704
Net Assets
$1,495,096
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $272,898
77.5%
Investment Income $38,737
11.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $40,498
11.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,942,910
Total Liabilities $8,447,814
Net Assets $1,495,096
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Walter J Kent (Vice Chair) $0 $0 $0
David A Parente (Board Member) $0 $0 $0
Lester R Grummons (Board Member) $0 $0 $0
Kenneth G Giek (Board Member) $0 $0 $0
Frank Kerbein (Board Member) $0 $0 $0
Charles Waterman (Board Member) $0 $0 $0
Eugene M Guarino (Chair) $0 $0 $0
Warren Riles (Sec/Treas) $0 $0 $0
Michael Lanotte (Executive Director/Preside) $0 $0 $0
Kim Young (Director/Coo (Through 12/17/18)) $0 $68,480 $17,263

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$318,283
Expenses
$210,288
Net Income
$107,995
Net Assets
$1,374,392
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $263,200
82.7%
Investment Income $22,132
7.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $32,951
10.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,579,640
Total Liabilities $8,205,248
Net Assets $1,374,392
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Walter J Kent (Vice Chair) $0 $0 $0
David A Parente (Board Member) $0 $0 $0
Lester R Grummons (Board Member) $0 $0 $0
Kenneth G Giek (Board Member) $0 $0 $0
Frank Kerbein (Board Member) $0 $0 $0
Eugene M Guarino (Chair) $0 $0 $0
Warren Riles (Sec/Treas) $0 $0 $0
Michael Lanotte (Executive Director/President) $0 $0 $0
Kim Young (Director/Coo) $0 $66,810 $13,207

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$386,196
Expenses
$298,805
Net Income
$87,391
Net Assets
$1,266,397
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $246,554
63.8%
Investment Income $14,955
3.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $124,687
32.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $89,080
29.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,331,410
Total Liabilities $7,065,013
Net Assets $1,266,397
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Michael J Cushman (Board Member) $0 $0 $0
Walter J Kent (Vice Chair) $0 $0 $0
David A Parente (Board Member) $0 $0 $0
Lester R Grummons (Board Member) $0 $0 $0
Kenneth G Giek (Board Member) $0 $0 $0
Frank Kerbein (Board Member) $0 $0 $0
Eugene M Guarino (Chair) $0 $0 $0
Warren Riles (Sec/Treas) $0 $0 $0
Bonnie L Mccullough (Executive Director) $0 $0 $0
Michael Lanotte (Executive Director/President) $0 $0 $0
Kim Young (Director/Coo) $0 $65,500 $17,743
Heather Greene (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$397,311
Expenses
$287,029
Net Income
$110,282
Net Assets
$1,179,006
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $214,600
54.0%
Investment Income $15,514
3.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $167,197
42.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $86,359
30.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,154,525
Total Liabilities $5,975,519
Net Assets $1,179,006
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Michael J Cushman (Board Member) $0 $0 $0
Walter J Kent (Vice Chair) $0 $0 $0
David A Parente (Board Member) $0 $0 $0
Lester R Grummons (Board Member) $0 $0 $0
Kenneth G Giek (Board Member) $0 $0 $0
Eugene M Guarino (Chair) $0 $0 $0
Warren Riles (Sec/Treas) $0 $0 $0
Bonnie L Mccullough (Executive Director) $0 $0 $0
Kim Young (Director/Coo) $0 $63,375 $18,966
Heather Greene (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

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.
2013

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.
2012

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.
2011

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.
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

Fiscal Year Ending Dec.
2007

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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