Five County Credit Union
Five County Credit Union consistently reports substantial revenue and assets, with no officer compensation disclosed in 990 filings.
EIN: 10261795 · Bath, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $13.8M |
| Program Spending | 85% |
| Net Assets | $19.2M |
| Transparency Score | 60/100 |
Is Five County Credit Union Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Five County Credit Union directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Five County Credit Union
Five County Credit Union (EIN: 10261795) is a nonprofit organization based in Bath, 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 Five County Credit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Five County Credit Union is a large nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.5M |
| Total Expenses | $13.8M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $230.8M |
| Total Liabilities | $211.5M |
| Net Assets | $19.2M |
| Operating Margin | 10.6% |
| Debt-to-Asset Ratio | 91.7% |
| Months of Reserves | 200.2 months |
Financial Health Grade: A
In 2016, Five County Credit Union reported a surplus of $1.6M with revenue exceeding expenses, holds 200.2 months of operating reserves (strong position), has a debt-to-asset ratio of 91.7% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Five County Credit Union's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +4.8% | -2.7% | +3.0% |
| 2015 | +1.9% | +3.8% | +3.0% |
| 2014 | +1.7% | +3.5% | +2.9% |
| 2013 | -0.7% | +0.7% | +2.2% |
| 2012 | +10.0% | +0.0% | +6.5% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Five County Credit Union with a Mission Score of 60 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Five County Credit Union allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 91.7%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for officer compensation, which is unusual for an organization of this size with significant revenue and assets. This suggests that executive compensation may be reported in a different section of the 990 or is not categorized as 'officer compensation' in the provided data, making it difficult to assess leadership costs relative to the organization's scale.
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 Five County Credit Union's IRS 990 filings:
- Lack of disclosed officer compensation in provided data, hindering transparency assessment of leadership costs.
- NTEE code is unknown, making it difficult to categorize and compare with similar organizations.
Strengths
The following positive indicators were identified for Five County Credit Union:
- Consistent revenue generation exceeding expenses, indicating financial stability.
- Steady growth in assets over the filing periods (e.g., from $194.1 million in 2011 to $230.7 million in 2016).
- Positive net assets (Assets minus Liabilities) across all reported periods.
Frequently Asked Questions about Five County Credit Union
Is Five County Credit Union a legitimate charity?
Five County Credit Union (EIN: 10261795) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 60/100. It has 6 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Five County Credit Union spend its money?
Five County Credit Union directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Five County Credit Union tax-deductible?
Five County Credit Union is registered as a tax-exempt nonprofit (EIN: 10261795). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Five County Credit Union's spending goes to programs?
Five County Credit Union directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Five County Credit Union located?
Five County Credit Union is headquartered in Bath, Maine and files with the IRS under EIN 10261795.
How many years of IRS 990 filings does Five County Credit Union have?
Five County 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.
Is Five County Credit Union a good charity?
Five County Credit Union is not a traditional charity. It operates as a financial cooperative, and its 'goodness' should be assessed based on its services to members and financial stability, rather than typical charitable metrics like program spending ratios.
Why is officer compensation reported as 0%?
The consistent reporting of 0% for officer compensation in the provided data is unusual for an organization of this size. It's possible that executive compensation is reported in a different section of the IRS Form 990, or the data provided specifically refers to a particular category of compensation that is indeed zero.
What is the organization's primary purpose?
Based on its name and financial structure (credit union), its primary purpose is likely to provide financial services to its members, rather than engaging in charitable activities.
How does its revenue compare to its expenses?
The organization consistently generates more revenue than expenses, indicating financial stability. For example, in 2016, revenue was $15,469,240 against expenses of $13,829,834, resulting in a surplus.
Filing History
IRS 990 filing history for Five County Credit Union showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Five County Credit Union's revenue has grown by 18.6%, moving from $13.0M to $15.5M. Total assets increased by 18.8% over the same period, from $194.2M to $230.8M. Total functional expenses rose by 5.3%, from $13.1M to $13.8M. In its most recent filing year (2016), Five County Credit Union reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $211.5M in liabilities against $230.8M in assets (debt-to-asset ratio: 91.7%), resulting in net assets of $19.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $15.5M | $13.8M | $230.8M | $211.5M | — | View 990 |
| 2015 | $14.8M | $14.2M | $224.0M | $206.4M | — | View 990 |
| 2014 | $14.5M | $13.7M | $217.4M | $200.4M | — | View 990 |
| 2013 | $14.2M | $13.2M | $211.2M | $194.9M | — | View 990 |
| 2012 | $14.3M | $13.1M | $206.8M | $191.5M | — | View 990 |
| 2011 | $13.0M | $13.1M | $194.2M | $180.1M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $15.5M, expenses of $13.8M, and assets of $230.8M (revenue +4.8% year-over-year).
- 2015: Revenue of $14.8M, expenses of $14.2M, and assets of $224.0M (revenue +1.9% year-over-year).
- 2014: Revenue of $14.5M, expenses of $13.7M, and assets of $217.4M (revenue +1.7% year-over-year).
- 2013: Revenue of $14.2M, expenses of $13.2M, and assets of $211.2M (revenue -0.7% year-over-year).
- 2012: Revenue of $14.3M, expenses of $13.1M, and assets of $206.8M (revenue +10.0% year-over-year).
- 2011: Revenue of $13.0M, expenses of $13.1M, and assets of $194.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Five County Credit Union:
Data Sources and Methodology
This transparency report for Five County 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.