Community Credit Union
Community Credit Union consistently generates revenue surpluses and shows steady asset growth.
EIN: 10206603 · Lewiston, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $3.0M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $5.7M |
| Transparency Score | 70/100 |
Is Community Credit Union Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Credit Union directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Community Credit Union
Community Credit Union (EIN: 10206603) is a nonprofit organization based in Lewiston, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Credit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Credit Union is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$202K |
| Total Assets | $50.7M |
| Total Liabilities | $45.0M |
| Net Assets | $5.7M |
| Operating Margin | 6.3% |
| Debt-to-Asset Ratio | 88.8% |
| Months of Reserves | 201.4 months |
Financial Health Grade: A
In 2016, Community Credit Union reported a surplus of $202K with revenue exceeding expenses, holds 201.4 months of operating reserves (strong position), has a debt-to-asset ratio of 88.8% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Community Credit Union's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +6.8% | +2.4% | +7.3% |
| 2015 | -0.7% | +6.5% | +5.5% |
| 2014 | +3.5% | +1.2% | +1.1% |
| 2013 | +1.6% | +2.4% | +2.8% |
| 2012 | -3.3% | -3.5% | -0.3% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Credit Union with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Community Credit Union allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $202K, with revenue exceeding expenses.
- Debt-to-asset ratio: 88.8%.
Executive Compensation Analysis
The reported 0% officer compensation across all filings is unusual for an organization of this size with assets exceeding $50 million, suggesting executive compensation may be categorized differently or that the organization relies heavily on volunteer leadership for its top positions.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Community Credit Union's IRS 990 filings:
- Lack of detailed expense breakdown for program, admin, and fundraising
- Unusual 0% officer compensation reported across all filings, potentially obscuring executive pay
Strengths
The following positive indicators were identified for Community Credit Union:
- Consistent revenue exceeding expenses, indicating financial stability (e.g., $3,220,647 revenue vs. $3,018,602 expenses in 2016)
- Steady growth in assets over time, from $43,223,378 in 2011 to $50,674,532 in 2016
- Positive net assets (Assets minus Liabilities) consistently maintained across all reported periods
Frequently Asked Questions about Community Credit Union
Is Community Credit Union a legitimate charity?
Community Credit Union (EIN: 10206603) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 70/100. It has 6 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Community Credit Union spend its money?
Community Credit Union directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Community Credit Union tax-deductible?
Community Credit Union is registered as a tax-exempt nonprofit (EIN: 10206603). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Community Credit Union CEO make?
Community Credit Union's highest-compensated officer earns $50 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Community Credit Union's spending goes to programs?
Community Credit Union directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Community Credit Union located?
Community Credit Union is headquartered in Lewiston, Maine and files with the IRS under EIN 10206603.
How many years of IRS 990 filings does Community Credit Union have?
Community Credit Union has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
How does Community Credit Union manage to report 0% officer compensation?
The filings consistently show 0% officer compensation. This could mean that executive roles are filled by volunteers, or compensation is reported under other expense lines, which would require further investigation for clarity.
What are the primary sources of Community Credit Union's revenue?
The provided data only shows total revenue figures, such as $3,220,647 in 2016. A detailed breakdown of revenue sources (e.g., interest income, fees) is not available in the provided summary.
What is the specific breakdown of Community Credit Union's expenses?
The provided data only shows total expenses, for example, $3,018,602 in 2016. A detailed breakdown into program, administrative, and fundraising costs is not available, making it difficult to precisely assess spending efficiency.
Filing History
IRS 990 filing history for Community Credit Union showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Community Credit Union's revenue has grown by 8%, moving from $3.0M to $3.2M. Total assets increased by 17.2% over the same period, from $43.2M to $50.7M. Total functional expenses rose by 9.1%, from $2.8M to $3.0M. In its most recent filing year (2016), Community Credit Union reported a surplus of $202K, with revenue exceeding expenses. The organization holds $45.0M in liabilities against $50.7M in assets (debt-to-asset ratio: 88.8%), resulting in net assets of $5.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $3.2M | $3.0M | $50.7M | $45.0M | — | View 990 |
| 2015 | $3.0M | $2.9M | $47.2M | $41.8M | — | View 990 |
| 2014 | $3.0M | $2.8M | $44.8M | $39.5M | — | View 990 |
| 2013 | $2.9M | $2.7M | $44.3M | $39.3M | — | View 990 |
| 2012 | $2.9M | $2.7M | $43.1M | $38.4M | — | View 990 |
| 2011 | $3.0M | $2.8M | $43.2M | $38.8M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $3.2M, expenses of $3.0M, and assets of $50.7M (revenue +6.8% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.9M, and assets of $47.2M (revenue -0.7% year-over-year).
- 2014: Revenue of $3.0M, expenses of $2.8M, and assets of $44.8M (revenue +3.5% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.7M, and assets of $44.3M (revenue +1.6% year-over-year).
- 2012: Revenue of $2.9M, expenses of $2.7M, and assets of $43.1M (revenue -3.3% year-over-year).
- 2011: Revenue of $3.0M, expenses of $2.8M, and assets of $43.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Credit Union:
Data Sources and Methodology
This transparency report for Community Credit Union is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.