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Passaic Postal Employee 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Organization summary might be incomplete or out of date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.

Summary charts: organization finances over time

Revenue
$24.1k (2017)

Expenses
$31.4k (2017)

Total Assets
$543k (2017)

Total Liabilities
$463k (2017)

Source: Form 990 tax filings from 2013 to 2017

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.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,075
Expenses
$31,387
Net Income
-$7,312
Net Assets
$79,494
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,392
84.7%
Investment Income $2,258
9.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,425
5.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $11,040
35.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $542,913
Total Liabilities $463,419
Net Assets $79,494
Compensation
Key Employees and Officers Compensation Related Other
Gerard Waksmundski (Ceo Board Treasurer) $6,750 $0 $0
Miguel Gonzalez (Board Member Secretary) $4,290 $0 $0
Mary Serino (President) $0 $0 $0
Joseph Sokol (Vice Chairperson/Board) $0 $0 $0
Donald Mcnair (Board Member) $0 $0 $0
John Perzley (Board Member) $0 $0 $0
Michael Sullivan (Board Member) $0 $0 $0
Richard Amos Jr (Chairman/Credit Committe) $0 $0 $0
Richard Dimase (Board Member) $0 $0 $0
Gerald Walis (Teller/Credit Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,023
Expenses
$30,197
Net Income
-$3,174
Net Assets
$86,806
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $22,812
84.4%
Investment Income $2,575
9.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,636
6.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $11,475
38.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $525,317
Total Liabilities $438,511
Net Assets $86,806
Compensation
Key Employees and Officers Compensation Related Other
Gerard Waksmundski (Ceo Board Treasurer) $7,020 $0 $0
Miguel Gonzalez (Board Member Secretary) $2,310 $0 $0
Gerald Walis (Teller/Credit Committee) $2,145 $0 $0
Mary Serino (President) $0 $0 $0
Joseph Sokol (Vice Chairperson/Board) $0 $0 $0
Donald Mcnair (Board Member) $0 $0 $0
John Perzley (Board Member) $0 $0 $0
Michael Sullivan (Board Member) $0 $0 $0
Richard Amos Jr (Chairman/Credit Committe) $0 $0 $0
Richard Dimase (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,758
Expenses
$29,209
Net Income
-$3,451
Net Assets
$89,980
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,283
82.6%
Investment Income $2,992
11.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,483
5.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $11,310
38.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $553,847
Total Liabilities $463,867
Net Assets $89,980
Compensation
Key Employees and Officers Compensation Related Other
Gerard Waksmundski (Ceo Board Treasurer) $7,020 $0 $0
Miguel Gonzalez (Board Member Secretary) $2,310 $0 $0
Gerald Walis (Teller/Credit Committee) $1,980 $0 $0
Joseph Kaczynski (Teller And Board Member) $0 $0 $0
Mary Serino (President) $0 $0 $0
Joseph Sokol (Vice Chairperson/Board) $0 $0 $0
Donald Mcnair (Board Member) $0 $0 $0
John Perzley (Board Member) $0 $0 $0
Michael Sullivan (Board Member) $0 $0 $0
Thaddeus Zajac Jr (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,667
Expenses
$29,939
Net Income
-$2,272
Net Assets
$93,431
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,676
78.3%
Investment Income $4,216
15.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,775
6.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $11,310
37.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $546,235
Total Liabilities $452,804
Net Assets $93,431
Compensation
Key Employees and Officers Compensation Related Other
Gerard Waksmundski (Ceo Board Treasurer) $7,020 $0 $0
Miguel Gonzalez (Board Member Secretary) $2,145 $0 $0
Gerald Walis (Teller/Credit Committee) $2,145 $0 $0
Joseph Kaczynski (Teller And Board Member) $0 $0 $0
Mary Serino (Chairperson And Board Memb) $0 $0 $0
Joseph Sokol (Vice Chairperson/Board) $0 $0 $0
Donald Mcnair (Board Member) $0 $0 $0
John Perzley (Board Member) $0 $0 $0
Michael Sullivan (Board Member) $0 $0 $0
Thaddeus Zajac Jr (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,833
Expenses
$26,625
Net Income
$208
Net Assets
$95,703
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,135
75.0%
Investment Income $5,315
19.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,383
5.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $6,450
24.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $593,388
Total Liabilities $497,685
Net Assets $95,703
Compensation
Key Employees and Officers Compensation Related Other
Gerald Walis (Teller/Credit Committee) $2,475 $0 $0
Gerard Waksmundski (Ceo Board Treasurer) $2,160 $0 $0
Miguel Gonzalez (Board Member Secretary) $1,815 $0 $0
Joseph Kaczynski (Teller And Board Member) $0 $0 $0
Mary Serino (Chairperson And Board Memb) $0 $0 $0
Joseph Sokol (Vice Chairperson/Board) $0 $0 $0
Donald Mcnair (Board Member) $0 $0 $0
John Perzley (Board Member) $0 $0 $0
Michael Sullivan (Board Member) $0 $0 $0
Thaddeus Zajac Jr (Board Member) $0 $0 $0

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.
2005

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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