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CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION

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Public IRS 990 nonprofit record

CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION

EIN 05-0255777 · Public & Societal Benefit (W61Z)

What they do

THE MISSION of THE CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION is to PROVIDE OPPORTUNITY for MEMBERS to SAVE and BORROW for CURRENT and FUTURE NEEDS AT A FINANCIALLY STRONG, MEMBER OWNED COOPERATIVE RESPONSIVE to THEIR EXPANDING FINANCIAL SERVICE NEEDS. THE CREDIT UNION SEEKS to PROVIDE OUTSTANDING SERVICE AT FAIR and FAVORABLE RATES and TERMS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$103.97spent for every $100 of revenueSpending was higher than revenue this year.
$20.95in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $146,814 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $213,636 for BRIAN W DUCHARME (FORMER PRES/). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$3,699,290
Expenses$3,846,104
Annual shortfall $146,814 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$3,699,290
Expenses$3,846,104
Assets$80,578,999
Income$3,699,290
Stocks and bonds$18,795,774
Accounting fees$51,143
Investing fees$150
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
BRIAN W DUCHARMEFORMER PRES/ · 40 hrs/week $213,636Base $192,178 · Other $21,458
STEPHEN P HOGANCHAIRPERSON · 5 hrs/week $7,580
GAIL TOPAKIANCREDIT COMMI · 5 hrs/week $7,460
JOHN R ZOLLI JRSECRETARY · 2 hrs/week $5,380
ANTHONY J VECCHIOCREDIT COMMI · 5 hrs/week $5,250
JOSEPH DILORENZOSUPERVISORY · 3 hrs/week $5,140
JOSEPH A BALDUCCIVICE-CHAIRPE · 2 hrs/week $4,580
MARIA K MANZIASSISTANT TR · 2 hrs/week $4,380
MICHAEL J IGOESUPERVISORY · 3 hrs/week $3,200
BETTE ANN BERKBOARD MEMBER · 1 hrs/week $2,480
ROBERT F STROMSUPERVISORY · 3 hrs/week $2,420
JASON ANDOSCIABOARD MEMBER · 1 hrs/week $2,280

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

BRIAN W DUCHARMEFORMER PRES/

STEPHEN P HOGANCHAIRPERSON

GAIL TOPAKIANCREDIT COMMI

JOHN R ZOLLI JRSECRETARY

ANTHONY J VECCHIOCREDIT COMMI

JOSEPH DILORENZOSUPERVISORY

JOSEPH A BALDUCCIVICE-CHAIRPE

MARIA K MANZIASSISTANT TR

MICHAEL J IGOESUPERVISORY

BETTE ANN BERKBOARD MEMBER

ROBERT F STROMSUPERVISORY

JASON ANDOSCIABOARD MEMBER

DONALD SALVATORE JRBOARD MEMBER

PETER J LECLERCBOARD MEMBER

PATRICIA CRUZBOARD MEMBER

THOMAS M MILEWSKIBOARD MEMBER

JOSEPH MORRISBOARD MEMBER

RICHARD DEGRANDPREBOARD MEMBER

TIMOTHY J DYLPRESIDENT/CE

About this charity

Recognized since
January 1988
Location
1615 PONTIAC AVE, CRANSTON, RI 02920-4491
County
Providence
In care of
TIMOTHY J DYL
Primary officer
TIMOTHY J DYL, PRESIDENT/CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
WADOVICK & COMPANY
NTEE classification
Public & Societal Benefit (W61Z)

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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