Skip to content
ProPublica Donate
ProPublica Donate

Billerica Municipal Employees Credit Union

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

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
$599k (2023)

Expenses
$355k (2023)

Total Assets
$19.2M (2023)

Total Liabilities
$15.4M (2023)

Source: Form 990 tax filings from 2011 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
$598,718
Expenses
$354,926
Net Income
$243,792
Net Assets
$3,763,677
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $235,321
39.3%
Investment Income $356,831
59.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,566
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $164,295
46.3%
Assets/Debt
Total Assets $19,170,141
Total Liabilities $15,406,464
Net Assets $3,763,677
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Edward Dunton (Treasurer) $56,652 $0 $0
Paul Morris (Chairperson/President) $0 $0 $0
Donna Mc Coy (Clerk/Secretary) $0 $0 $0
Daniel Powderly (Director) $0 $0 $0
Olivia Canario (Director) $0 $0 $0
Maureen Dunton (Director) $0 $0 $0
Mary St George (Director) $0 $0 $0
Joseph Devlin (Director) $0 $0 $0
Allen Metivier (Director) $0 $0 $0
Kevin C Buckley (Assistant Treasurer) $0 $0 $0
Glen Magnan (Director) $0 $0 $0
Jeanne Teehan (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$435,732
Expenses
$345,243
Net Income
$90,489
Net Assets
$3,519,885
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $198,315
45.5%
Investment Income $233,780
53.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,637
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $160,822
46.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,859,292
Total Liabilities $16,339,407
Net Assets $3,519,885
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Edward Dunton (Treasurer) $54,808 $0 $0
Phil Loranger (Chairperson/President) $0 $0 $0
Donna Mc Coy (Clerk/Secretary) $0 $0 $0
Daniel Powderly (Asst Clerk) $0 $0 $0
Olivia Canario (Director) $0 $0 $0
Maureen Dunton (Director) $0 $0 $0
Mary St George (Director) $0 $0 $0
George Galinos (Director) $0 $0 $0
Allen Metivier (Director) $0 $0 $0
Kevin C Buckley (Assistant Treasurer) $0 $0 $0
Paul Morris (Vice Chairperson) $0 $0 $0
Jeanne Teehan (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$366,785
Expenses
$339,944
Net Income
$26,841
Net Assets
$3,429,396
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $178,853
48.8%
Investment Income $182,052
49.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,880
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $51,168
15.1%
Professional Fundraising Fees $0
Other Salaries and Wages $101,048
29.7%
Assets/Debt
Total Assets $19,892,840
Total Liabilities $16,463,444
Net Assets $3,429,396
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Edward Dunton (Treasurer) $58,168 $0 $0
Phil Loranger (Chairperson/President) $0 $0 $0
Donna Mc Coy (Clerk/Secretary) $0 $0 $0
Daniel Powderly (Asst Clerk) $0 $0 $0
Olivia Canario (Director) $0 $0 $0
Maureen Dunton (Director) $0 $0 $0
Mary St George (Director) $0 $0 $0
George Galinos (Director) $0 $0 $0
Allen Metivier (Director) $0 $0 $0
Kevin C Buckley (Assistant Treasurer) $0 $0 $0
Paul Morris (Vice Chairperson) $0 $0 $0
Jeanne Teehan (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$400,715
Expenses
$329,328
Net Income
$71,387
Net Assets
$3,402,555
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $186,416
46.5%
Investment Income $208,414
52.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,885
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $51,168
15.5%
Professional Fundraising Fees $0
Other Salaries and Wages $97,391
29.6%
Assets/Debt
Total Assets $17,556,685
Total Liabilities $14,154,130
Net Assets $3,402,555
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Edward Dunton (Treasurer) $51,168 $0 $0
Phil Loranger (Chairperson/President) $0 $0 $0
Donna Mc Coy (Clerk/Secretary) $0 $0 $0
Daniel Powderly (Asst Clerk) $0 $0 $0
Olivia Canario (Director) $0 $0 $0
Maureen Dunton (Director) $0 $0 $0
Mary St George (Director) $0 $0 $0
George Galinos (Director) $0 $0 $0
Allen Metivier (Director) $0 $0 $0
Kevin C Buckley (Assistant Treasurer) $0 $0 $0
Paul Morris (Vice Chairperson) $0 $0 $0
Jeanne Teehan (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$427,273
Expenses
$304,538
Net Income
$122,735
Net Assets
$3,331,168
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $189,931
44.5%
Investment Income $231,835
54.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,507
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $141,440
46.4%
Assets/Debt
Total Assets $15,867,565
Total Liabilities $12,536,397
Net Assets $3,331,168
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Phil Loranger (Chairperson/President) $0 $0 $0
Edward Dunton (Treasurer) $0 $48,204 $0
Donna Mc Coy (Clerk/Secretary) $0 $0 $0
Daniel Powderly (Asst Clerk) $0 $0 $0
Nancy Doyle (Director) $0 $0 $0
Maureen Dunton (Director) $0 $0 $0
Mary St George (Director) $0 $0 $0
George Galinos (Director) $0 $0 $0
Allen Metivier (Director) $0 $0 $0
Kevin C Buckley (Assistant Treasurer) $0 $0 $0
Paul Morris (Vice Chairperson) $0 $0 $0
Denise Salemme (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$391,529
Expenses
$284,909
Net Income
$106,620
Net Assets
$3,208,433
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $154,115
39.4%
Investment Income $225,963
57.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,451
2.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $137,280
48.2%
Assets/Debt
Total Assets $14,844,738
Total Liabilities $11,636,305
Net Assets $3,208,433
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Edward Dutton (Treasurer) $45,996 $0 $0
Phil Loranger (Chairperson/President) $0 $0 $0
Donna Mc Coy (Clerk/Secretary) $0 $0 $0
Daniel Powderly (Asst Clerk) $0 $0 $0
Nancy Doyle (Director) $0 $0 $0
Maureen Dunton (Director) $0 $0 $0
Mary St George (Director) $0 $0 $0
George Galinos (Director) $0 $0 $0
Allen Metivier (Director) $0 $0 $0
Kevin C Buckley (Assistant Treasurer) $0 $0 $0
Paul Morris (Vice Chairperson) $0 $0 $0
Denise Salemme (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$320,578
Expenses
$313,540
Net Income
$7,038
Net Assets
$3,101,813
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $148,748
46.4%
Investment Income $168,029
52.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,801
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $145,588
46.4%
Assets/Debt
Total Assets $14,318,104
Total Liabilities $11,216,291
Net Assets $3,101,813
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Edward Dutton (Treasurer) $45,996 $0 $0
Phil Loranger (Chairperson/President) $0 $0 $0
Susan Jacobs (Clerk/Secretary) $0 $0 $0
Daniel Powderly (Asst Clerk) $0 $0 $0
Nancy Doyle (Director) $0 $0 $0
Maureen Dunton (Director) $0 $0 $0
Michael Haines (Director) $0 $0 $0
George Galinos (Director) $0 $0 $0
Allen Metivier (Director) $0 $0 $0
Kevin C Buckley (Assistant Treasurer) $0 $0 $0
Paul Morris (Vice Chairperson) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$304,670
Expenses
$293,871
Net Income
$10,799
Net Assets
$3,094,775
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $143,384
47.1%
Investment Income $157,116
51.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,170
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $24,000
8.2%
Professional Fundraising Fees $0
Other Salaries and Wages $118,356
40.3%
Assets/Debt
Total Assets $14,179,798
Total Liabilities $11,085,023
Net Assets $3,094,775
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Edward Dunton (Treasurer) $43,056 $0 $0
Phil Loranger (Chairperson/President) $0 $0 $0
Anthony Iovanna (Vice Chairperson) $0 $0 $0
Susan Jacobs (Clerk/Secretary) $0 $0 $0
Daniel Powderly (Asst Clerk) $0 $0 $0
Nancy Doyle (Director) $0 $0 $0
Maureen Dunton (Director) $0 $0 $0
Michael Haines (Director) $0 $0 $0
George Galinos (Director) $0 $0 $0
Allen Metivier (Director) $0 $0 $0
Kevin C Buckley (Director) $0 $0 $0
Paul Morris (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$284,963
Expenses
$278,616
Net Income
$6,347
Net Assets
$3,083,976
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $136,571
47.9%
Investment Income $144,733
50.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,659
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $42,388
15.2%
Professional Fundraising Fees $0
Other Salaries and Wages $96,815
34.7%
Assets/Debt
Total Assets $14,170,827
Total Liabilities $11,086,851
Net Assets $3,083,976
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Edward Dunton (Treasurer) $42,388 $0 $0
Phil Loranger (Chairperson/President) $0 $0 $0
Anthony Iovanna (Vice Chairperson) $0 $0 $0
Susan Jacobs (Clerk/Secretary) $0 $0 $0
Daniel Powderly (Asst Clerk) $0 $0 $0
Nancy Doyle (Director) $0 $0 $0
Maureen Dunton (Director) $0 $0 $0
Michael Haines (Director) $0 $0 $0
George Galinos (Director) $0 $0 $0
Allen Metivier (Director) $0 $0 $0
Kevin C Buckley (Director) $0 $0 $0
Paul Morris (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$271,917
Expenses
$288,222
Net Income
-$16,305
Net Assets
$3,077,629
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $133,041
48.9%
Investment Income $136,198
50.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,678
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $40,678
14.1%
Professional Fundraising Fees $0
Other Salaries and Wages $93,222
32.3%
Assets/Debt
Total Assets $13,492,962
Total Liabilities $10,415,333
Net Assets $3,077,629
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Phil Loranger (Chairperson/President) $0 $0 $0
Anthony Iovanna (Vice Chairperson) $0 $0 $0
Susan Jacobs (Clerk/Secretary) $0 $0 $0
Daniel Powderly (Asst Clerk) $0 $0 $0
Nancy Doyle (Director) $0 $0 $0
Maureen Dunton (Director) $0 $0 $0
Michael Haines (Director) $0 $0 $0
George Galinos (Director) $0 $0 $0
Allen Metivier (Director) $0 $0 $0
Kevin C Buckley (Director) $0 $0 $0
Paul Morris (Director) $0 $0 $0
Edward Dunton (Treasurer) $0 $40,678 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$271,274
Expenses
$307,225
Net Income
-$35,951
Net Assets
$3,093,934
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $128,619
47.4%
Investment Income $140,292
51.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,363
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $131,258
42.7%
Assets/Debt
Total Assets $13,322,483
Total Liabilities $10,228,549
Net Assets $3,093,934
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Edward Dunton (Treasurer) $39,965 $0 $0
James F Callahan (Chairperson/President) $0 $0 $0
Edward V O'mahoney (Vice Chairperson) $0 $0 $0
Susan Jacobs (Director) $0 $0 $0
Anthony Iovanna (Clerk/Secretary) $0 $0 $0
Thomas Conway Iii (Director) $0 $0 $0
Maureen Dunton (Director) $0 $0 $0
Michael Haines (Director) $0 $0 $0
Philip Loranger (Director) $0 $0 $0
Daniel Powderly (Director) $0 $0 $0
Kevin C Buckley (Director) $0 $0 $0
P George Galinos (Director) $0 $0 $0
James Callahan (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$310,171
Expenses
$268,945
Net Income
$41,226
Net Assets
$3,129,885
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $143,398
46.2%
Investment Income $163,596
52.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,177
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $35,985
13.4%
Professional Fundraising Fees $0
Other Salaries and Wages $83,609
31.1%
Assets/Debt
Total Assets $12,426,501
Total Liabilities $9,296,616
Net Assets $3,129,885

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$320,025
Expenses
$343,683
Net Income
-$23,658
Net Assets
$3,088,659
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $157,518
49.2%
Investment Income $159,897
50.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,610
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $34,278
10.0%
Professional Fundraising Fees $0
Other Salaries and Wages $102,081
29.7%
Assets/Debt
Total Assets $12,514,400
Total Liabilities $9,425,741
Net Assets $3,088,659

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

Fiscal Year Ending Dec.
2006

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

Fiscal Year Ending Dec.
2004

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »