2014-11-12T09:30:29-06:00 2013-12-31 010242373 MACPAGE LLC 30 LONG CREEK DRIVE SOUTH PORTLAND ME 04106 990 2013-01-01 010216328 EVERGREEN CREDIT UNION EVER 2072215000 225 RIVERSIDE STREET PORTLAND ME 04104 H TUCKER COLE CEO 2072215000 2014-11-07 1 MARK AYERS P00289581 2077745701 X 2013 2015-11-30 17:44:51Z 225 RIVERSIDE STREET PORTLAND ME 04104 10244571 0 X WWW.EVERGREENCREDITUNION.ORG X 1951 ME PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES. 9 9 66 9 25853 -271 0 0 7968253 7707928 1022478 1020623 1397576 1516020 10388307 10244571 0 0 1407534 1075592 3140462 3267520 0 0 0 5234685 4899146 9782681 9242258 605626 1002313 214654282 220406548 197035413 201785366 17618869 18621182 PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES. 0 0 9242258 10218718 THE CREDIT UNION HAS 23,025 MEMBERS AS OF 12/31/2013. MEMBERS HAVE ACCESS TO A WIDE VARIETY OF LOW COST, HIGH QUALITY SERVICES. 9242258 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2969 0 1 66 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X KATE ARCHAMBAULT 2072215000 225 RIVERSIDE STREET PORTLAND ME 04104 CHRISTOPHER DOE TREASURER 1.00 X 0 0 0 KELLIE HARRIS SECRETARY 1.00 X 0 0 0 BRIAN CONGER ASST SECRETARY 1.00 X 0 0 0 RON GRECO VICE CHAIRMAN 1.00 X 0 0 0 DANIEL MCGARVEY CHAIRMAN 1.00 X 0 0 0 JOHN MORNEAULT ASST. TREASURER 1.00 X 0 0 0 DOUGLAS WILSON DIRECTOR 1.00 X 0 0 0 ALEX STONE DIRECTOR 1.00 X 0 0 0 SANDRA LIPSEY DIRECTOR 1.00 X 0 0 0 H TUCKER COLE PRESIDENT & CEO 40.00 X 200256 0 17500 KATHLEEN ARCHAMBAULT CFO & SVP OF INFO. TECH. 40.00 X 138149 0 11484 TIMOTHY VERREAULT SVP, RETAIL BANKING 40.00 X 123865 0 2477 462270 0 31461 3 0 1 0 SYNERGENT PO BOX 1236 PORTLAND ME 04104 DATA/ATM PROCESSING 1014201 IMAGINE BRANDS INC HOWARD LOWELL PO BOX 1038 PORTLAND ME 04104 MARKETING 103837 2 LOAN INCOME FROM MEMBERS 522291 6117722 6117722 FEE INCOME 522291 1590206 1590206 7707928 1020623 1020623 ATM NON-MEMBER FEES 522100 1446310 1420457 25853 MBR INSURANCES CR LIFE/AD&D 522100 62499 62499 OTHER OPERATING INCOME 522100 7211 7211 1516020 10244571 10218718 25853 0 X 1075592 1075592 477007 477007 2029145 2029145 110822 110822 460682 460682 189864 189864 20350 20350 66000 66000 1481392 1481392 173427 173427 619444 619444 417121 417121 19682 19682 307962 307962 72994 72994 PROVISION FOR LOAN LOSS 1140000 1140000 LOAN SERVICE EXPENSE 288674 288674 STABILIZATION EXPENSE 161475 161475 MISC OPERATING EXPENSE 103478 103478 27147 27147 9242258 9242258 0 0 1069637 963137 22994531 18228167 124830050 128036011 8321973 2377447 6221344 5944526 53984582 61767407 5554138 5467300 214654282 220406548 53968 73429 196981445 201711937 197035413 201785366 X 0 0 0 0 17618869 18621182 17618869 18621182 214654282 220406548 1002313 0 X 0 1 X 1 0 1705026 1705026 5678440 1728795 3949645 938507 648652 289855 5944526 CERTIFICATES OF DEPOSIT 41421000 C MORTGAGE-BACKED SECURITIES 13827623 C NCUSIF DEPOSIT 2018436 C TRICORP F C U MEMBER SHARES 400000 C AGENCY SECURITIES 4100348 C 61767407 MEMBER DEPOSITS 201711937 201711937 X X X 0 0 0 H TUCKER COLE PRESIDENT & CEO 200256 0 0 0 0 0 0 0 17500 0 217756 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - MEMBERSHIP IS OBTAINED BY ANYONE MAKING THE MINIMUM REQUIREMENT DEPOSIT IN THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - BOARD OF DIRECTORS IS COMPRISED OF MEMBERS ELECTED BY THE CREDIT UNION MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - CERTAIN ACTIONS OF THE BOARD REQUIRE A VOTE BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11 A FORMAL REVIEW BY THE ENTIRE GOVERNING BODY WAS NOT DEEMED NECESSARY. A FORMAL REVIEW BY THE CEO AND CFO IS PERFORMED. FORM 990, PART VI, SECTION B, LINE 12C IN SIGNING THE CONFLICT OF INTEREST POLICY, OFFICERS AGREE TO DISCLOSE ANY RELATED ITEMS. THE ORGANIZATION IS SMALL AND THEREFORE SENIOR MANAGEMENT IS AWARE OF ALL CONTRACTS WITH THIRD PARTIES. THEREFORE, ANY CONFLICT WOULD BE EASILY IDENTIFIED AND AVOIDED. IF THE BOARD MEMBER WANTED TO PURSUE A BUSINESS RELATIONSHIP THEY WOULD BE REQUIRED TO RESIGN FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE C.E.O. IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD. GOALS ARE SET EACH YEAR AND C.E.O. IS MEASURED BASED ON THESE GOALS. COMPENSATION RANGE IS BASED ON THIRD PARTY VENDOR RANGES FOR SIMILAR INSTITUTIONS. OTHER OFFICERS AND KEY EMPLOYEES ARE REVIEWED BY THEIR SUPERVISOR BASED ON ESTABLISHED CREDIT UNION REVIEW PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND POLICIES OF THE ORGANIZATION ARE MADE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY MONTHLY. FORM 990, PART IX, LINE 11G STUDENT LOAN FEES: PROGRAM SERVICE EXPENSES 12,619. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,619. ATM EXPENSES: PROGRAM SERVICE EXPENSES 670,284. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 670,284. DATA PROCESSING FEES: PROGRAM SERVICE EXPENSES 295,437. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 295,437. PROFESSIONAL & OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 503,052. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 503,052.