New Hampshire Postal Credit Union
New Hampshire Postal Credit Union shows strong revenue growth and asset stability with no reported officer compensation.
EIN: 20219109 · Manchester, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $58,488,005 |
| Net Assets | $11.7M |
| Transparency Score | 80/100 |
Is New Hampshire Postal Credit Union Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Postal Credit Union directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Postal Credit Union
New Hampshire Postal Credit Union (EIN: 20219109) is a nonprofit organization based in Manchester, NH. The organization reported total revenue of $2.9M and total assets of $58.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Postal Credit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Postal Credit Union is a mid-size nonprofit that has been operating for 46 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $58.5M |
| Total Liabilities | $46.8M |
| Net Assets | $11.7M |
| Operating Margin | 44.5% |
| Debt-to-Asset Ratio | 80.0% |
| Months of Reserves | 433.1 months |
Financial Health Grade: A
In 2023, New Hampshire Postal Credit Union reported a surplus of $1.3M with revenue exceeding expenses, holds 433.1 months of operating reserves (strong position), has a debt-to-asset ratio of 80.0% (high leverage).
Financial Trends
Over 9 years of filings (2011–2023), New Hampshire Postal Credit Union's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +109.8% | +47.9% | -0.7% |
| 2022 | +26.1% | +20.0% | +4.3% |
| 2021 | -8.1% | -16.1% | +28.1% |
| 2016 | +0.9% | +3.6% | +5.4% |
| 2015 | -1.9% | -0.4% | +9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Hampshire Postal Credit Union with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, New Hampshire Postal Credit Union allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 80.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this asset size ($58,488,005) and suggests a volunteer-led or differently structured leadership compensation model.
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 New Hampshire Postal Credit Union's IRS 990 filings:
- Lack of NTEE code makes mission classification difficult for a typical nonprofit analysis.
- Consistent 0% officer compensation is unusual and warrants further investigation into leadership compensation structure.
Strengths
The following positive indicators were identified for New Hampshire Postal Credit Union:
- Strong and consistent asset growth over the past decade, reaching $58,488,005 in 2023.
- Significant revenue increase in the latest period (2023) to $2,919,431, indicating robust financial activity.
- Consistent reporting of 0% officer compensation, suggesting efficient use of resources in this area.
- Stable financial operations with liabilities ($46,782,382) well-covered by assets ($58,488,005).
Frequently Asked Questions about New Hampshire Postal Credit Union
Is New Hampshire Postal Credit Union a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Postal Credit Union (EIN: 20219109) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does New Hampshire Postal Credit Union spend its money?
New Hampshire Postal Credit Union directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Hampshire Postal Credit Union tax-deductible?
New Hampshire Postal Credit Union is registered as a tax-exempt nonprofit (EIN: 20219109). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Hampshire Postal Credit Union CEO make?
New Hampshire Postal Credit Union's highest-compensated officer earns $58,488,005 annually. The organization reported $2.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is New Hampshire Postal Credit Union located?
New Hampshire Postal Credit Union is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20219109.
How many years of IRS 990 filings does New Hampshire Postal Credit Union have?
New Hampshire Postal Credit Union has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.9M in total revenue.
Is New Hampshire Postal Credit Union a good charity?
As a credit union, it functions as a member-owned financial institution rather than a traditional public charity. Its 'goodness' should be evaluated based on its service to members and financial stability, which appears strong with $58,488,005 in assets and consistent operations. It is not structured to receive charitable donations in the same way a typical nonprofit would.
Why is officer compensation reported as 0%?
The consistent reporting of 0% for officer compensation across all nine filings is highly unusual for an organization of this size. It suggests that the leadership may be entirely volunteer-based, compensated through other means not reported in this section, or that the credit union's specific structure allows for this reporting.
What are the primary 'programs' of this organization?
As a credit union, its primary 'programs' are providing financial services such as savings accounts, loans, and other banking services to its members. The expenses of $1,620,489 in 2023 would largely cover the operational costs associated with delivering these services.
How has the organization's financial health changed over time?
The organization has shown consistent asset growth from $36,393,792 in 2011 to $58,488,005 in 2023. Revenue has fluctuated but saw a significant jump from $1,391,502 in 2022 to $2,919,431 in 2023, indicating a strong recent performance and overall financial stability.
Filing History
IRS 990 filing history for New Hampshire Postal Credit Union showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), New Hampshire Postal Credit Union's revenue has grown by 109.9%, moving from $1.4M to $2.9M. Total assets increased by 60.7% over the same period, from $36.4M to $58.5M. Total functional expenses rose by 33.3%, from $1.2M to $1.6M. In its most recent filing year (2023), New Hampshire Postal Credit Union reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $46.8M in liabilities against $58.5M in assets (debt-to-asset ratio: 80.0%), resulting in net assets of $11.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $1.6M | $58.5M | $46.8M | — | View 990 |
| 2022 | $1.4M | $1.1M | $58.9M | $48.6M | — | — |
| 2021 | $1.1M | $913K | $56.5M | $46.6M | — | View 990 |
| 2016 | $1.2M | $1.1M | $44.1M | $35.5M | — | View 990 |
| 2015 | $1.2M | $1.1M | $41.8M | $33.3M | — | View 990 |
| 2014 | $1.2M | $1.1M | $38.3M | $29.9M | — | View 990 |
| 2013 | $1.3M | $1.2M | $37.8M | $29.6M | — | View 990 |
| 2012 | $1.4M | $1.2M | $37.1M | $28.9M | — | View 990 |
| 2011 | $1.4M | $1.2M | $36.4M | $28.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $1.6M, and assets of $58.5M (revenue +109.8% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.1M, and assets of $58.9M (revenue +26.1% year-over-year).
- 2021: Revenue of $1.1M, expenses of $913K, and assets of $56.5M (revenue -8.1% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $44.1M (revenue +0.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $41.8M (revenue -1.9% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $38.3M (revenue -4.4% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.2M, and assets of $37.8M (revenue -6.1% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.2M, and assets of $37.1M (revenue -2.8% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.2M, and assets of $36.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Postal Credit Union:
Data Sources and Methodology
This transparency report for New Hampshire Postal 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.