2011-11-09T10:58:31-08:00 2010-12-31 Macdonald Page & Co LLC 30 Long Creek Dr South Portland ME 04106 990 2010-01-01 010216328 EVERGREEN CREDIT UNION EVER 2072215000 225 RIVERSIDE STREET PORTLAND ME 04104 Tucker Cole 2011-11-09 Mark Ayers 2077745701 X 2010 2016-03-07 17:11:31Z 11489139 false false X www.evergreencreditunion.org Provide members with savings and loan services. 9 9 63 13 103928 -33813 0 11660907 9744221 500799 558865 1020380 1186053 13182086 11489139 0 3658860 2696681 3031591 2847630 0 0 7167460 5017412 13857911 10561723 -675825 927416 208099696 208837986 192974331 192785205 15125365 16052781 Provide members with savings and loan services. false false 10561723 9744221 The credit union has 23,214 members as of 12/31/2010. Members have access to a wide variety of low cost, high quality services. 10561723 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 4090 0 false 63 true true true false false false 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 false true false true true true true true false false X KATE ARCHAMBAULT 2072215000 225 RIVERSIDE STREET PORTLAND ME 04104 WILLIAM DESENA 1.00 X 0 0 0 ROBERT DORR 1.00 X 0 0 0 KELLIE HARRIS 1.00 X 0 0 0 KATE ARCHAMBAULT 40.00 X 109285 0 8743 JOHN MORNEAULT 1.00 X 0 0 0 H TUCKER COLE 40.00 X 159517 0 16500 ERIC GIGUERE 1.00 X 0 0 0 DOUGLAS WILSON 1.00 X 0 0 0 DAVID HASKELL 1.00 X 0 0 0 DANIEL MCGARVEY 1.00 X 0 0 0 CHRISTOPHER DOE 1.00 X 0 0 0 BERTRAND BOLDUC 0.00 0 0 0 ARNOLD HERRICK 1.00 X 0 0 0 268802 25243 2 false true false SYSTEMS ENGINEERING INC 120 EXCHANGE STREET PORTLAND ME 04101 IT SUPPORT 101475 SYNERGENT PO BOX 1236 PORTLAND ME 04104 DATA PROCESSOR 889563 MASSMUTUAL FINANCIAL GROUP PO BOX 94483 CHICAGO IL 606752483 LIFE INSURANCE 122139 IMAGINE BRANDS INC 225 RIVERSIDE STREET PORTLAND ME 04104 MARKETING 108942 HARVARD PILGRIM HEALTHCARE PO BOX 970050 BOSTON MA 022970050 HEALTH INSURANCE 457056 6 0 LOAN INCOME FROM MEMBERS 7959527 7959527 FEE INCOME 1784694 1784694 9744221 558865 558865 0 0 0 0 0 0 0 OTHER OPERATING INCOME 1082125 1082125 INSURANCES CR LIFE/AD&D 35959 35959 GAP 28805 28805 39164 39164 1186053 11489139 11385211 103928 0 0 0 2696681 2696681 294045 294045 0 1953139 1953139 0 600446 600446 0 0 0 0 0 0 0 0 179418 179418 709402 709402 0 0 388314 388314 0 0 20060 20060 0 0 378559 378559 0 Provision for loan losses 1275000 1275000 profesional and outside servic 1148424 1148424 NCUSIF STABALIZATION EXPENSE 255821 255821 MISC OPERATING EXPENSE 333383 333383 LOAN SERVICE EXPENSE 286275 286275 42756 42756 10561723 10561723 0 0 2329863 2315234 19634000 22630269 0 0 0 0 161613970 144990178 0 0 8651635 2003354 6952671 6648281 0 14763746 26732896 0 0 2805446 5521128 208099696 208837986 207981 215408 192766350 192569797 192974331 192785205 X 15125365 16052781 15125365 16052781 208099696 208837986 927416 X false true true X false false 1705026 1705026 5678440 2003354 3675086 16070 16070 1252099 1252099 6648281 26732896 member deposits 192569797 192569797 X X X false false false H TUCKER COLE 159517 16500 176017 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 11 Form 990, Part VI, Line 11: 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 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.