EIN 04-2206928

Merrimack Valley Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
259
Year formed
1955
Most recent tax filings
2022-12-01
Description
Merrimack Valley Credit Union offers a variety of savings and loan products as a member-owned financial institution, serving the community and partnering with its members to provide excellent member service. Its programs include serving approximately 84,000 members with a wide variety of loan and deposit products.
Total revenues
$47,044,968
2022
Total expenses
$40,390,557
2022
Total assets
$1,350,910,772
2022
Num. employees
259
2022

Program areas at Merrimack Valley Credit Union

Serve approximately 84,000 members offering a wide variety of loan and deposit products.

Grants made by Merrimack Valley Credit Union

GranteeGrant descriptionAmount
EmmausAnnual Sponsorship and General Support$30,000
Cu Kids at HeartGeneral Support$16,000

Personnel at Merrimack Valley Credit Union

NameTitleCompensation
John Howard/ President and Chief Executive Officer$863,175
Michael E ValleyExecutive Vice President and Chief Financial Officer and Chief Operating Officer$375,202
Stephanie LeeVice President Operations$157,067
John MacKenzieVice President Finance$187,981
Glenn PrezzanoVice President Corporate Communication and Community Relations$110,140
...and 27 more key personnel

Financials for Merrimack Valley Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$41,518,840
Investment income and dividends$5,558,049
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-31,921
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$47,044,968

Form 990s for Merrimack Valley Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-05-25990View PDF
2020-122021-11-12990View PDF
2019-122022-01-10990OView PDF
2019-122021-01-13990View PDF
...and 1 more Form 990

Organizations like Merrimack Valley Credit Union

OrganizationLocationRevenue
Golden Plains Credit UnionGarden City, KS$44,194,863
ELGA Credit UnionGrand Blanc, MI$86,734,421
Telcomm Credit UnionSpringfield, MO$13,563,264
University of Illinois Community Credit UnionChampaign, IL$29,419,590
Navigator Credit UnionPascagoula, MS$26,230,497
Azura Credit UnionTopeka, KS$38,277,046
Western Cooperative Credit UnionWilliston, ND$16,661,044
Cooperativa de Ahorro Y Credito San JoseAibonito, PR$15,562,374
Sharon and Crescent United Credit UnionSharon, MA$40,886,511
Armco Credit UnionButler, PA$20,970,795
Data update history
January 23, 2024
Updated personnel
Identified 2 new personnel
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 2, 2024
Used new vendors
Identified 4 new vendors, including , , , and
September 18, 2023
Updated personnel
Identified 16 new personnel
August 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
500 Merrimack St
Lawrence, MA 01843
Metro area
Boston-Cambridge-Newton, MA-NH
Website URL
mvcu.com/ 
Phone
(508) 279-2400
IRS details
EIN
04-2206928
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1955
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
Free account sign-up

Want updates when Merrimack Valley Credit Union has new information, or want to find more organizations like Merrimack Valley Credit Union?

Create free Cause IQ account