St Joseph Hospital Employees Credit Union
St Joseph Hospital Employees Credit Union reports zero revenue and assets in latest filings, contradicting historical multi-million dollar operations.
EIN: 20316037 · Nashua, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $232K |
| Net Assets | $611K |
| Transparency Score | 10/100 |
Is St Joseph Hospital Employees Credit Union Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About St Joseph Hospital Employees Credit Union
St Joseph Hospital Employees Credit Union (EIN: 20316037) is a nonprofit organization based in Nashua, NH. 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 St Joseph Hospital Employees Credit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Joseph Hospital Employees Credit Union is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $227K |
| Total Expenses | $232K |
| Surplus / Deficit | $-4,461 |
| Total Assets | $6.1M |
| Total Liabilities | $5.5M |
| Net Assets | $611K |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 89.9% |
| Months of Reserves | 314.4 months |
Financial Health Grade: C
In 2015, St Joseph Hospital Employees Credit Union reported a deficit of $4K with expenses exceeding revenue, holds 314.4 months of operating reserves (strong position), has a debt-to-asset ratio of 89.9% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), St Joseph Hospital Employees Credit Union's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +6.8% | -1.9% | -8.5% |
| 2014 | +0.1% | +1.8% | +6.0% |
| 2013 | -5.1% | +0.3% | +6.3% |
| 2012 | -0.9% | -2.2% | -1.3% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates St Joseph Hospital Employees Credit Union with a Mission Score of 10 out of 100 (Very Poor). 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, St Joseph Hospital Employees Credit Union allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 89.9%.
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all available filings, suggesting either a fully volunteer leadership or that compensation is not categorized under 'officer compensation' in the 990 forms, which could obscure true executive costs.
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 St Joseph Hospital Employees Credit Union's IRS 990 filings:
- Latest filings report $0 revenue and assets, contradicting historical data.
- Consistent operational deficit in historical filings (e.g., $231,515 expenses vs. $227,054 revenue in 2015).
- Lack of NTEE code for proper categorization.
- Unclear current operational status due to inconsistent financial reporting.
Strengths
The following positive indicators were identified for St Joseph Hospital Employees Credit Union:
- Historically maintained multi-million dollar assets (e.g., $6,064,792 in 2015) relative to its revenue, indicating some financial stability in the past.
Frequently Asked Questions about St Joseph Hospital Employees Credit Union
Is St Joseph Hospital Employees Credit Union a legitimate charity?
Based on AI analysis of IRS 990 filings, St Joseph Hospital Employees Credit Union (EIN: 20316037) significant concerns. Mission Score: 10/100. 4 red flags identified, 1 strength noted.
How does St Joseph Hospital Employees Credit Union spend its money?
Detailed spending breakdown data is not yet available for St Joseph Hospital Employees Credit Union. Check back for updated IRS 990 analysis.
Are donations to St Joseph Hospital Employees Credit Union tax-deductible?
St Joseph Hospital Employees Credit Union is registered as a tax-exempt nonprofit (EIN: 20316037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is St Joseph Hospital Employees Credit Union located?
St Joseph Hospital Employees Credit Union is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20316037.
How many years of IRS 990 filings does St Joseph Hospital Employees Credit Union have?
St Joseph Hospital Employees Credit Union has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why do the latest filings show $0 revenue and assets when historical filings show significant financial activity?
The discrepancy between the latest filings reporting $0 revenue and assets and historical filings showing hundreds of thousands in revenue and millions in assets is a critical question that needs clarification from the organization to understand its current operational status and financial health.
Is St Joseph Hospital Employees Credit Union still operational?
The latest filings reporting $0 revenue and assets suggest the organization may no longer be operational or has significantly changed its reporting, making its current operational status unclear.
How does the organization cover its expenses if revenue consistently falls short, as seen in historical data (e.g., $231,515 expenses vs. $227,054 revenue in 2015)?
Historically, the organization operated with a slight deficit, with expenses exceeding revenue. This would typically be covered by drawing down on reserves or other financial mechanisms, but the current $0 reporting makes this impossible to assess.
Filing History
IRS 990 filing history for St Joseph Hospital Employees Credit Union showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), St Joseph Hospital Employees Credit Union's revenue has grown by 0.5%, moving from $226K to $227K. Total assets increased by 1.7% over the same period, from $6.0M to $6.1M. Total functional expenses fell by 2.1%, from $236K to $232K. In its most recent filing year (2015), St Joseph Hospital Employees Credit Union reported a deficit of $4K, with expenses exceeding revenue. The organization holds $5.5M in liabilities against $6.1M in assets (debt-to-asset ratio: 89.9%), resulting in net assets of $611K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $227K | $232K | $6.1M | $5.5M | — | View 990 |
| 2014 | $213K | $236K | $6.6M | $6.0M | — | View 990 |
| 2013 | $212K | $232K | $6.3M | $5.6M | — | View 990 |
| 2012 | $224K | $231K | $5.9M | $5.2M | — | View 990 |
| 2011 | $226K | $236K | $6.0M | $5.3M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $227K, expenses of $232K, and assets of $6.1M (revenue +6.8% year-over-year).
- 2014: Revenue of $213K, expenses of $236K, and assets of $6.6M (revenue +0.1% year-over-year).
- 2013: Revenue of $212K, expenses of $232K, and assets of $6.3M (revenue -5.1% year-over-year).
- 2012: Revenue of $224K, expenses of $231K, and assets of $5.9M (revenue -0.9% year-over-year).
- 2011: Revenue of $226K, expenses of $236K, and assets of $6.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Joseph Hospital Employees Credit Union:
Data Sources and Methodology
This transparency report for St Joseph Hospital Employees 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.