2013-11-13T07:02:46-08:00 2012-12-31 Macpage LLC 30 Long Creek Dr South Portland ME 04106 990 2012-01-01 010216328 EVERGREEN CREDIT UNION EVER 2072215000 225 RIVERSIDE STREET PORTLAND ME 04104 H TUCKER COLE 2013-11-13 true Mark Ayers P00289581 2077745701 X 2012 2016-02-24 21:20:13Z 10395539 false false X www.evergreencreditunion.org X ME Provide members with savings and loan services. 9 9 62 11 80422 -61315 0 8828137 7968253 916349 1022478 1262274 1397576 11006760 10388307 0 1979427 1407534 3040780 3140462 0 0 5026091 5234685 10046298 9782681 960462 605626 207020000 214654282 190006757 197035413 17013243 17618869 Provide members with savings and loan services. false false 9782681 10295117 The credit union has 22,945 members as of 12/31/2012. Members have access to a wide variety of low cost, high quality services. 9782681 false false false false false false false false false false true true false false true false false true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false true 3322 0 true 62 true true false false false false false false false false false false X 9 9 false false false false true true true true true false false false true true true true true true true false X KATE ARCHAMBAULT 2072215000 225 RIVERSIDE STREET PORTLAND ME 04104 DOUGLAS WILSON 1.00 0.00 X 0 0 0 JOHN MORNEAULT 1.00 0.00 X 0 0 0 DANIEL MCGARVEY 1.00 0.00 X 0 0 0 Tom McBrierty 1.00 0.00 X 0 0 0 Ron Greco 1.00 0.00 X 0 0 0 Alex Stone 1.00 0.00 X 0 0 0 ROBERT DORR 1.00 0.00 X 0 0 0 WILLIAM DESENA 1.00 0.00 X 0 0 0 Brian Conger 1.00 0.00 X 0 0 0 KELLIE HARRIS 1.00 0.00 X 0 0 0 CHRISTOPHER DOE 1.00 0.00 X 0 0 0 Timothy Verreault 40.00 0.00 X 113871 0 1937 Kathleen ARCHAMBAULT 40.00 0.00 X 127525 0 10202 H TUCKER COLE 40.00 0.00 X 206472 0 17000 447868 29139 3 false true false SYSTEMS ENGINEERING INC 120 EXCHANGE STREET PORTLAND ME 04101 IT SUPPORT 192197 SYNERGENT PO BOX 1236 PORTLAND ME 04104 DATA/ATM PROCESSOR 999945 IMAGINE BRANDS INC 225 RIVERSIDE STREET PORTLAND ME 04104 MARKETING 113802 3 0 LOAN INCOME FROM MEMBERS 6346107 6346107 FEE INCOME 1622146 1622146 7968253 1009710 1009710 0 0 0 20000 7232 12768 12768 12768 0 0 0 OTHER OPERATING INCOME 1317154 1317154 INSURANCES CR LIFE/AD&D 34178 34178 ATM NON-MEMBER FEES 21422 21422 24822 24822 1397576 10388307 10295117 80422 12768 X 0 0 0 1407534 1407534 477007 477007 0 1972357 1972357 106560 106560 402768 402768 181770 181770 0 6443 6443 0 0 0 0 1282273 1282273 220940 220940 678502 678502 0 0 410781 410781 0 0 29220 29220 0 0 346555 346555 72627 72627 MISC OPERATING EXPENSE 111805 111805 STABILIZATION EXPENSE 186173 186173 LOAN SERVICE EXPENSE 210223 210223 Provision for loan losses 1650000 1650000 29143 29143 9782681 9782681 0 0 1712775 1069637 23421677 22994531 0 0 0 0 129575237 124830050 0 0 8460407 2239063 6339878 6221344 0 40489537 53984582 0 0 5480896 5554138 207020000 214654282 121747 53968 189885010 196981445 190006757 197035413 X 17013243 17618869 17013243 17618869 207020000 214654282 605626 X false true X true false 1705026 1705026 5678440 1574158 4104282 9949 9286 663 1066992 655619 411373 6221344 53984582 member deposits 196981445 196981445 X X X false false false H TUCKER COLE 206472 17000 223472 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available 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 VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees 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, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts 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, Line 11b Form 990, Part VI, Line 11b: Form 990 Review Process 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, Line 7b Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Certain actions of the board require a vote by the membership. Form 990, Part VI, Line 7a Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Board of directors is comprised of members elected by the credit union members. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Membership is obtained by anyone making the minimum requirement deposit in the credit union.