2013-04-17T07:38:08-07:00 2012-12-31 ROBERT ANDERSON & COMPANY PC 138 DODGE ST BEVERLY MA 019151866 990 2012-01-01 042079800 Energy Credit Union ENER 6173251999 156 SPRING STREET WEST ROXBURY MA 02132 PAUL N NOCE 2013-04-17 true Robert Anderson P01462745 9782329300 2012 2016-02-25 16:41:14Z 3271594 false false X N/A CREDIT UNION 11 10 12 10 22442 -71672 0 2881568 2699750 485835 380288 185040 191556 3552443 3271594 0 0 1080711 1053791 0 0 2414177 2216922 3494888 3270713 57555 881 91651687 91069505 75339176 74746525 16312511 16322980 CREDIT UNION false false 626079 MAINTENANCE OF MEMBER SHARE AND DEPOSIT ACCOUNTS AND THE PAYMENT OF INTEREST THERON. NUMBER OF ACCOUNTS IS 9,493. 2699250 MAINTAINING LOAN ACCOUNTS FOR MEMBERS. NUMBER OF ACCOUNTS IS 2,042. 626079 false false false false false false false false true false true false false false true false false false false false false false false false false false false false false true false false false false false false true false false false false false false false false false false false false false false true 2211 0 false 12 true true false false false false false false false false false false X 11 10 true false false false true true false true true false true true false true true true true true true true false X Paul Noce 6173251999 156 SPRING STREET WEST ROXBURY MA 02132 ROBERT TEDESCO 4.00 0.00 X X 0 0 0 PAUL RICHARDSON 4.00 0.00 X X 0 0 0 WILLIAM REYNOLDS 4.00 0.00 X 0 0 0 MARIE PREVETT 40.00 0.00 X X 99634 0 3122 BARBARA KELLEHER 4.00 0.00 X X 0 0 0 WILLIAM GOODWIN 4.00 0.00 X 0 0 0 DIANNE DUHAIME 4.00 0.00 X 0 0 0 DANIEL O'CONNELL 4.00 0.00 X 0 0 0 BERNARD DOHERTY 4.00 0.00 X X 0 0 0 DEBORAH CASNA 4.00 0.00 X 0 0 0 JOSEPH C CARROLL 4.00 0.00 X 0 0 0 JOHN RABAIOLI 40.00 0.00 X 83612 0 2684 PAUL N NOCE 40.00 0.00 X 174007 0 6369 357253 12175 1 false true false DIEBOLD INC PO BOX 643543 PITTSBURGH PA 15264 ATM SERVICES 103741 CONNECTICUT ONLINE COCC 135 DARLING DRIVE AVON PARK SOUTH AVON CT 06001 DATA PROCESSING 231696 2 0 INTEREST ON LOANS 522100 2699750 2699750 2699750 380288 380288 0 0 0 0 0 0 0 SERVICE CHARGES & FEES 900099 33333 33333 OTHER INCOME 900099 135781 135781 ATM FEES 522100 22442 22442 191556 3271594 3249152 22442 0 0 0 0 369428 369428 0 672188 672188 9882 9882 2293 2293 0 0 0 0 0 0 0 0 94007 94007 59073 59073 442110 442110 0 80490 80490 0 0 37491 37491 626079 626079 0 111367 111367 66629 66629 NCUA INSURANCE ASSESSMENT 67977 67977 PROVISION FOR LOAN LOSSES 97777 97777 MISCELLANEOUS EXPENSE 145235 145235 EQUIPMENT MAINTENANCE 260610 260610 128077 128077 3270713 626079 2644634 0 1141482 2918481 27241323 27076158 0 0 923502 816762 0 46890601 44388517 0 129598 114401 3974637 333917 3438815 3640720 10427311 10791238 0 0 0 1459055 1323228 91651687 91069505 307449 865873 111267 108876 74920460 73771776 75339176 74746525 X 16312511 16322980 16312511 16322980 91651687 91069505 X 881 9588 X false true X true false false true 700000 700000 2499139 184808 2314331 257178 105620 151558 518320 43489 474831 3640720 MEMBER SHARES AND DEPOSIT ACCOUNTS 73771776 73771776 X X X false false false PAUL N NOCE 167033 2172 4802 4360 2009 180376 MARIE PREVETT DIRECTOR LOAN X 20000 19939 false true true ROBERTY TEDESCO DIRECTOR LOAN X 3330 2562 false true true WILLIAM REYNOLDS DIRECTOR LOAN X 2 false true true MARIE PREVETT DIRECTOR LOAN X 160000 85014 false true true MARIE PREVETT DIRECTOR LOAN X 16000 8797 false true true MARIE PREVETT DIRECTOR LOAN X 60000 51121 false true true PAUL NOCE OFFICER LOAN X 336000 308418 false true true PAUL NOCE OFFICER LOAN X 80000 70216 false true true PAUL NOCE OFFICER LOAN X 750 750 false true true PAUL NOCE OFFICER LOAN X 19575 18749 false true true DANIEL O'CONNELL DIRECTOR LOAN X 71099 false true true WILLIAM GOODWIN DIRECTOR LOAN X 20414 5998 false true true JOSEPH CARROLL DIRECTOR LOAN X 178000 172029 false true true BERNARD DOHERTY DIRECTOR LOAN X 4000 2068 false true true 816762 WYATTS INC BROTHER IN LAW 30000 CONSULTING SERVICES false Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases CHANGE IN MARKET VALUE DUE TO FAS115 = $9588 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available FINANCIALS ARE AVAILABLE ON NCUA.GOV WEBSITE, POSTED AT THE CREDIT UNION. OTHER INFORMATION IS AVAILABLE UPON REQUEST. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees BOARD APPROVES COMPENSATION BASED UPON PERFORMANCE AND INDUSTY. Form 990, Part VI, Line 15a Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management BOARD APPROVES COMPENSATION BASED UPON PERFORMANCE AND INDUSTY. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts DIRECTORS SIGN OFF THAT THEY HAVE READ AND UNDERSTAND THE CONFLICT ON INTEREST POLICY. Form 990, Part VI, Line 11b Form 990, Part VI, Line 11b: Form 990 Review Process THE FORM 990 WILL BE REVIEWED ONCE COMPLETED. DUE TO TIMING BETWEEN COMPLETION AND FILING DUE DATE, THE REVIEW MAY BE SUBSEQUENT TO FILING. THE BOARDS ACTIONS ARE NOTED IN THE MINUTES. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Persons who meet the requirements of the organization's field of membership who hold at least one share of the capital. Form 990, Part VI, Line 2 Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et PAUL N. NOCE'S BROTHER-IN-LAW IS THE PRESIDENT OF WYATT'S INC. IT CONSULTING @$33,000 PAID DURING 2012.