Melrose Credit Union
Melrose Credit Union reports zero revenue and assets in latest filing.
EIN: 131739819 · Briarwood, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| CEO/Top Officer Pay | $0 |
| Transparency Score | 50/100 |
Is Melrose Credit Union Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Melrose Credit Union
Melrose Credit Union (EIN: 131739819) is a nonprofit organization based in Briarwood, NY. 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 Melrose Credit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Melrose Credit Union with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Melrose Credit Union allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
With $0 in reported revenue and assets, there is no financial basis to analyze executive compensation, as no compensation figures are available.
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 Melrose Credit Union's IRS 990 filings:
- Zero reported revenue and assets, suggesting inactivity or dissolution.
- Lack of financial data prevents any assessment of financial health or efficiency.
Strengths
The following positive indicators were identified for Melrose Credit Union:
- No financial strengths can be identified due to the absence of reported financial activity.
Frequently Asked Questions about Melrose Credit Union
Is Melrose Credit Union a legitimate charity?
Based on AI analysis of IRS 990 filings, Melrose Credit Union (EIN: 131739819) some concerns. Mission Score: 50/100. 2 red flags identified, 1 strength noted.
How does Melrose Credit Union spend its money?
Detailed spending breakdown data is not yet available for Melrose Credit Union. Check back for updated IRS 990 analysis.
Are donations to Melrose Credit Union tax-deductible?
Melrose Credit Union is registered as a tax-exempt nonprofit (EIN: 131739819). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Melrose Credit Union CEO make?
Melrose Credit Union's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
Where is Melrose Credit Union located?
Melrose Credit Union is headquartered in Briarwood, New York and files with the IRS under EIN 131739819.
Is Melrose Credit Union a good charity?
Based on the latest IRS 990 filing showing $0 in revenue and assets, it is not possible to determine if Melrose Credit Union is a 'good charity' as there is no financial activity to evaluate. The organization appears to be inactive or non-operational in the context of a typical charity.
What is Melrose Credit Union's primary program?
The IRS 990 filing does not provide information on specific programs, and with $0 in reported revenue and assets, there is no indication of any active programs being conducted.
How does Melrose Credit Union spend its money?
According to the latest IRS 990, Melrose Credit Union reported $0 in revenue and assets, indicating no spending activity to analyze.
Data Sources and Methodology
This transparency report for Melrose 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.