Newport News Municipal Employees Credit Union in Newport News, Virginia (VA)

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Newport News Municipal Employees Credit Union
Employer Identification Number (EIN)540580175
Name of OrganizationNewport News Municipal Employees Credit Union
Address502 Operations Dr, Newport News, VA 23602-6989
ActivitiesCredit union, Other services or benefits to members or employees, Loans or credit reporting
SubsectionOther Mutual Corp. or Assoc.
Ruling Date03/1984
FoundationAll organizations except 501(c)(3)
Tax Period12/2012
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$42,948,674
Amount of Income$1,797,221
Form 990 Revenue Amount$1,797,221


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
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 2012)
Total revenue$1,797,221
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$348,482
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$68,527
Gross amount from sales of assets other than inventory (Securities / Other)$68,527 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0
Gain or (loss) (Securities / Other)$68,527 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$1,380,212
Statement of Functional Expenses (for 2012)
Total functional expenses$1,778,577
Compensation of current officers, directors, trustees, and key employees$325,429
Other salaries and wages$0
Payroll taxes$47,155
Professional fundraising services$0
Other$1,405,993
Balance Sheet (for 2012)
Total assets$42,948,674
Total liabilities$39,110,354
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$39,110,354
Total net assets or fund balances$3,838,320
Retained earnings, endowment, accumulated income, or other funds$3,838,320
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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Other organizations in Virginia
IdNameAddressStateEstablishedTotal Income
1Newmarket & Affiliates Group Insurance Plan Trust330 South Fourth Street, Richmond, VA 23219VA2001-08$0
2Newport Community Action CommitteePO BOX 92, Newport, VA 24128VA1999-08$0
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4Newport News Court Appointed Special Advocates Inc230 25th St, Newport News, VA 23607-4402VA2002-07$156,372
5Newport News General & Nonsectarian Hospital Assoc Inc608 Denbigh Blvd Ste 800, Newport News, VA 23608-4487VA1937-08$17,719,364
6Newport News Green Foundation IncSte 301, Newport News, VA 23606VA2000-09$146,368
7Newport News Japanese School Inc12000 Canon Blvd, Newport News, VA 23606-4201VA1994-06$137,619
8Newport News Lodge No 1119 Loyal Order Of Moose, 1119 Newport New Lodge L O O M2307 60th St, Hampton, VA 23661-1301VA1935-08$1,873,238
9Newport News Medical SocietyPo Box 6252, Newport News, VA 23606VA1997-11$11,381
10Newport News Medical Society Alliance Inc312 Woodroof Rd, Newport News, VA 23606-2212VA1999-04$36,905
11Newport News Municipal Employees Credit Union502 Operations Dr, Newport News, VA 23602-6989VA1984-03$1,797,221
12Newport News Occasions Inc700 Town Center Dr Suite 320, Newport News, VA 23606VA1988-01$14,500
13Newport News Police Pipe And Drum Corps LtdPO BOX 828, Newport News, VA 23607-0828VA2006-06$34,000
14Newport News Public Art Foundation735 Thimble Shoals Blvd, Newport News, VA 23606-4255VA2002-09$296,610
15Newport Volunteer Fire Dept IncPO BOX 122, Newport, VA 24128-0122VA2002-12$91,707
16Newsoms Volunteer Fire Department IncorporatedPO BOX 209, Newsoms, VA 23874-0209VA1976-07$71,024
17Newton Lee Elementary School Pto Incorporated43335 Glouchester Pkwy, Ashburn, VA 20147-3194VA2006-09$179,493
18The Nature Generation3434 Washington Blvd 2nd Fl Ac 2021, Arlington, VA 22201-4508VA2005-07$354,757
19Northrop Grumman Foundation2980 Fairview Park Dr, Falls Church, VA 22042-4511VA1956-01$37,984,122
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20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralConsolidated Credit Unions Of Virginia Group Return1300 E Main St Ste 800, Richmond, VA 23219-3630VA1984-03$301,082,787
SubordinateVirginia CuPO BOX 90010, Richmond, VA 23225-9010VA1984-03$173,733,599
SubordinateBay Port Cu11820 Fountain Way Ste 400, Newport News, VA 23606-4478VA1984-03$68,543,981
SubordinateDupont Community CuPO BOX 1365, Waynesboro, VA 22980-0923VA1984-03$42,561,972
SubordinateDominion Cu701 E Cary St, Richmond, VA 23219-3927VA1984-03$33,097,863
SubordinateUniversity Of Virginia Community Credit Union Inc3300 Berkmar Dr, Charlottesvle, VA 22901-1491VA1984-03$31,694,585
SubordinateMartinsville Dupont Credit UnionPO BOX 2158, Martinsville, VA 24113-2158VA1984-03$10,881,727
SubordinateConsolidated Credit Unions Of Virginia, Beacon Cu6320 Logans Ln, Lynchburg, VA 24502-4292VA1984-03$7,614,789
SubordinateNorthern Star Credit Union5100 George Washington Hwy, Portsmouth, VA 23702-2604VA1984-03$5,970,779
SubordinateRichmond Postal Cu1601 Ownby Ln, Richmond, VA 23220-1318VA1984-03$4,495,959
SubordinatePiedmont Credit Union366 Piney Forest Rd, Danville, VA 24540-4122VA1984-03$3,415,306
SubordinateConsolidated Credit Unions Of Virginia, Newsome Park Elementary Pta4200 Marshall Avenue, Newport News, VA 23605VA1984-03$3,066,526
SubordinateWeccu Cu347 N Court Ave, Covington, VA 24426-1203VA1984-03$2,412,902
SubordinateHampton Roads Educators Cu2130 Cunningham Dr, Hampton, VA 23666-2502VA1984-03$1,879,689
SubordinateNewport News Municipal Employees Credit Union502 Operations Dr, Newport News, VA 23602-6989VA1984-03$1,797,221
SubordinatePfd Firefighters Cu3209 Cedar Ln, Portsmouth, VA 23703-4101VA1984-03$1,391,687
SubordinateOdu Cu2701 Hampton Blvd, Norfolk, VA 23517-1009VA1984-03$1,314,637
SubordinateLoudoun Cu801 Sycolin Rd Se Ste 101, Leesburg, VA 20175-5686VA1984-04$1,286,757
SubordinatePrime Care Cu600 Gresham Dr, Norfolk, VA 23507-1904VA1984-03$1,139,941
SubordinateVirginia United Methodist Cu10330 Staples Mill Rd, Glen Allen, VA 23060-3251VA$1,127,922
Number of affiliated organizations
Virginia55
Total55

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