First Connecticut Credit Union Inc in Wallingford, Connecticut (CT)

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First Connecticut Credit Union Inc
Employer Identification Number (EIN)061005774
Name of OrganizationFirst Connecticut Credit Union Inc
Address159 S Turnpike Rd, Wallingford, CT 06492-4327
ActivitiesLoans or credit reporting, Endowment fund or financial services
SubsectionCredit Union
Ruling Date03/1976
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$35,868,985
Amount of Income$1,592,206
Form 990 Revenue Amount$1,592,206


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$1,592,206
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$1,555,007
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$37,199
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$1,555,633
Compensation of current officers, directors, trustees, and key employees$96,804
Other salaries and wages$526,150
Payroll taxes$54,436
Professional fundraising services$0
Other$878,243
Balance Sheet (for 2011)
Total assets$35,868,985
Total liabilities$32,791,608
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$32,791,608
Total net assets or fund balances$3,077,377
Retained earnings, endowment, accumulated income, or other funds$3,077,377
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralConnecticut State Banking Department Group Return, Group Return260 Constitution Plz, Hartford, CT 06103-1811CT1976-03$0
SubordinateSikorsky Financial Credit Union Inc1000 Oronoque Lane, Stratford, CT 06614-1394CT$131,724,345
SubordinateConnecticut State Employees Credit Union Inc4025 Tampa Road Suite 1203, Oldsmar, FL 34677FL1976-03$24,329,203
SubordinateConnex Credit Union IncPO BOX 477, North Haven, CT 06473-0477CT1976-03$20,376,961
SubordinateState Police Credit Union Inc321 Research Pkwy Ste 202, Meriden, CT 06450-8340CT1976-03$16,177,042
SubordinateMutual Security Credit Union Inc295 Westport Ave, Norwalk, CT 06851-4333CT1976-03$12,168,654
SubordinateDutch Point Credit Union Inc195 Silas Deane Hwy, Wethersfield, CT 06109-1240CT1976-03$11,366,796
SubordinateAchieve Financial Credit Union IncPO BOX 7030, Berlin, CT 06037-7030CT1976-03$7,005,128
SubordinateMembers Credit Union Inc126 Post Road 2nd Floor West, Cos Cob, CT 06807-2701CT1976-03$1,597,060
SubordinateFirst Connecticut Credit Union Inc159 S Turnpike Rd, Wallingford, CT 06492-4327CT1976-03$1,592,206
SubordinateNorthwest Hills Credit Union Inc339 N Elm St, Torrington, CT 06790-4626CT1976-03$1,555,685
SubordinateGreater Norwalk Area Credit Union Inc12 Fitch Street, Norwalk, CT 06855-1333CT1976-03$1,407,192
SubordinateSoundview Financial Credit Union Inc14 Research Dr, Bethel, CT 06801-1040CT1976-03$1,366,945
SubordinateNorwalk Hospital Credit Union Inc31 1/2 Stevens St, Norwalk, CT 06850-3805CT1976-03$1,069,378
SubordinateConnecticut Community Credit Union Inc43 W Broad St, Pawcatuck, CT 06379-1637CT1976-03$982,050
SubordinateStamford Healthcare Credit Union Inc166 West Broad St Ste T 02, Stamford, CT 06902-3652CT1976-03$799,874
SubordinateMetropolitan District Employees Credit Union Inc250 Murphy Rd, Hartford, CT 06114-2107CT1976-03$692,303
SubordinateCommunity Healthcare Credit Union Inc48 Haynes St, Manchester, CT 06040-4111CT1976-03$563,615
SubordinateCommunity Credit Union Of New Milford Inc145c Danbury Rd, New Milford, CT 06776-3436CT1976-03$479,074
SubordinateDanbury Cyanamid Employees Credit Union Inc2 Starr St, Danbury, CT 06810-6928CT1976-03$324,891
Number of affiliated organizations
Connecticut41
Florida1
Total42

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