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Employer Identification Number 03-0184985

VERMONT STATE EMPLOYEES CREDIT UNION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:VERMONT STATE EMPLOYEES CREDIT UNION
Employer identification number (EIN):03-0184985
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration VERMONT STATE EMPLOYEES CREDIT UNION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationiVermont, VT

Organization Overview

Mission StatementVERMONT STATE EMPLOYEES CREDIT UNION IS A STATE CHARTERED CREDIT UNION PROVIDING FINANCIAL SERVICES TO ITS MEMBERS IN THE STATE OF VERMONT.
Number of Employees225
Number of Volunteers14
Year Formed1947

Organization Governance

Legal DomicileVT
Voting Members - Governing Body11
Voting Members - Independent11

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 66,778
Net unrelated business incomeUSD $ 8,401
Program Service Revenue from prior yearUSD $ 43,664,725
Program Service Revenue from current yearUSD $ 43,588,898
Investment Income from prior yearUSD $ 1,915,815
Investment Income from current yearUSD $ 2,621,056
Other Revenue from prior yearUSD $ 2,789,544
Other Revenue from current yearUSD $ 992,240
Gross receipts from all sourcesUSD $ 47,202,194
Net assets / fund balances at end of fiscal yearUSD $ 0
Net assets / fund balances at beginning of fiscal yearUSD $ 95,315,306
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 993,148,167
Total assets at end of fiscal yearUSD $ 0
Total assets at beginning of fiscal yearUSD $ 1,088,463,473
Revenues less expenses for current yearUSD $ 9,273,600
Revenues less expenses for previous yearUSD $ 13,085,490
Total expenses for current yearUSD $ 37,928,594
Total expenses for previous yearUSD $ 35,284,594
Other expenses in current yearUSD $ 18,050,528
Other expenses in previous yearUSD $ 16,518,510
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 19,226,277
Employee salary and benefits paid in previous yearUSD $ 18,322,735
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 651,789
Grants and similar amounts paid in previous yearUSD $ 443,349
Total revenue in current fiscal yearUSD $ 47,202,194
Total revenue in previous fiscal yearUSD $ 48,370,084
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 992,240
2021-12-31
Total unrelated business incomeUSD $ 81,613
Net unrelated business incomeUSD $ 16,006
Program Service Revenue from prior yearUSD $ 41,472,055
Program Service Revenue from current yearUSD $ 43,664,725
Investment Income from prior yearUSD $ 1,621,033
Investment Income from current yearUSD $ 1,915,815
Other Revenue from prior yearUSD $ 1,916,699
Other Revenue from current yearUSD $ 2,789,544
Gross receipts from all sourcesUSD $ 52,569,666
Net assets / fund balances at end of fiscal yearUSD $ 95,315,306
Net assets / fund balances at beginning of fiscal yearUSD $ 85,512,682
Total liabilities at end of fiscal yearUSD $ 993,148,167
Total liabilities at beginning of fiscal yearUSD $ 899,578,669
Total assets at end of fiscal yearUSD $ 1,088,463,473
Total assets at beginning of fiscal yearUSD $ 985,091,351
Revenues less expenses for current yearUSD $ 13,085,490
Revenues less expenses for previous yearUSD $ 6,681,474
Total expenses for current yearUSD $ 35,284,594
Total expenses for previous yearUSD $ 38,328,313
Other expenses in current yearUSD $ 16,518,510
Other expenses in previous yearUSD $ 21,295,928
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 18,322,735
Employee salary and benefits paid in previous yearUSD $ 16,846,986
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 443,349
Grants and similar amounts paid in previous yearUSD $ 185,399
Total revenue in current fiscal yearUSD $ 48,370,084
Total revenue in previous fiscal yearUSD $ 45,009,787
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 2,789,544
2020-12-31
Total unrelated business incomeUSD $ 57,679
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 39,349,914
Program Service Revenue from current yearUSD $ 41,472,055
Investment Income from prior yearUSD $ 2,200,898
Investment Income from current yearUSD $ 1,621,033
Other Revenue from prior yearUSD $ 1,472,441
Other Revenue from current yearUSD $ 1,916,699
Gross receipts from all sourcesUSD $ 52,052,858
Net assets / fund balances at end of fiscal yearUSD $ 85,512,682
Net assets / fund balances at beginning of fiscal yearUSD $ 77,129,694
Total liabilities at end of fiscal yearUSD $ 899,578,669
Total liabilities at beginning of fiscal yearUSD $ 765,315,935
Total assets at end of fiscal yearUSD $ 985,091,351
Total assets at beginning of fiscal yearUSD $ 842,445,629
Revenues less expenses for current yearUSD $ 6,681,474
Revenues less expenses for previous yearUSD $ 6,299,127
Total expenses for current yearUSD $ 38,328,313
Total expenses for previous yearUSD $ 36,724,126
Other expenses in current yearUSD $ 21,295,928
Other expenses in previous yearUSD $ 20,993,118
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 16,846,986
Employee salary and benefits paid in previous yearUSD $ 15,445,613
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 185,399
Grants and similar amounts paid in previous yearUSD $ 285,395
Total revenue in current fiscal yearUSD $ 45,009,787
Total revenue in previous fiscal yearUSD $ 43,023,253
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,916,699
2019-12-31
Total unrelated business incomeUSD $ 55,226
Net unrelated business incomeUSD $ 15,438
Program Service Revenue from prior yearUSD $ 36,839,712
Program Service Revenue from current yearUSD $ 39,349,914
Investment Income from prior yearUSD $ 1,866,429
Investment Income from current yearUSD $ 2,200,898
Other Revenue from prior yearUSD $ 1,593,321
Other Revenue from current yearUSD $ 1,472,441
Gross receipts from all sourcesUSD $ 43,033,738
Net assets / fund balances at end of fiscal yearUSD $ 77,129,694
Net assets / fund balances at beginning of fiscal yearUSD $ 69,075,228
Total liabilities at end of fiscal yearUSD $ 765,315,935
Total liabilities at beginning of fiscal yearUSD $ 709,139,295
Total assets at end of fiscal yearUSD $ 842,445,629
Total assets at beginning of fiscal yearUSD $ 778,214,523
Revenues less expenses for current yearUSD $ 6,299,127
Revenues less expenses for previous yearUSD $ 5,366,320
Total expenses for current yearUSD $ 36,724,126
Total expenses for previous yearUSD $ 34,933,142
Other expenses in current yearUSD $ 20,993,118
Other expenses in previous yearUSD $ 20,434,464
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 15,445,613
Employee salary and benefits paid in previous yearUSD $ 14,498,678
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 285,395
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 43,023,253
Total revenue in previous fiscal yearUSD $ 40,299,462
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,472,441
2018-12-31
Total unrelated business incomeUSD $ 49,881
Net unrelated business incomeUSD $ 79,167
Program Service Revenue from prior yearUSD $ 33,578,294
Program Service Revenue from current yearUSD $ 36,839,712
Investment Income from prior yearUSD $ 1,125,050
Investment Income from current yearUSD $ 1,866,429
Other Revenue from prior yearUSD $ 1,008,482
Other Revenue from current yearUSD $ 1,593,321
Gross receipts from all sourcesUSD $ 40,608,062
Net assets / fund balances at end of fiscal yearUSD $ 69,075,228
Net assets / fund balances at beginning of fiscal yearUSD $ 64,369,864
Total liabilities at end of fiscal yearUSD $ 709,139,295
Total liabilities at beginning of fiscal yearUSD $ 688,063,757
Total assets at end of fiscal yearUSD $ 778,214,523
Total assets at beginning of fiscal yearUSD $ 752,433,621
Revenues less expenses for current yearUSD $ 5,366,320
Revenues less expenses for previous yearUSD $ 3,152,604
Total expenses for current yearUSD $ 34,933,142
Total expenses for previous yearUSD $ 32,559,222
Other expenses in current yearUSD $ 20,434,464
Other expenses in previous yearUSD $ 18,424,999
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 14,498,678
Employee salary and benefits paid in previous yearUSD $ 14,134,223
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 40,299,462
Total revenue in previous fiscal yearUSD $ 35,711,826
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,593,321
Net unrelated business incomeUSD $ 21,764
Other expenses in current yearUSD $ 20,234,376
Grants and similar amounts paid in current yearUSD $ 200,088
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 30,223,336
Program Service Revenue from current yearUSD $ 33,578,294
Investment Income from prior yearUSD $ 1,321,020
Investment Income from current yearUSD $ 1,125,050
Other Revenue from prior yearUSD $ 649,108
Other Revenue from current yearUSD $ 1,008,482
Gross receipts from all sourcesUSD $ 48,074,662
Net assets / fund balances at end of fiscal yearUSD $ 64,369,864
Net assets / fund balances at beginning of fiscal yearUSD $ 61,512,786
Total liabilities at end of fiscal yearUSD $ 688,063,757
Total liabilities at beginning of fiscal yearUSD $ 655,880,194
Total assets at end of fiscal yearUSD $ 752,433,621
Total assets at beginning of fiscal yearUSD $ 717,392,980
Revenues less expenses for current yearUSD $ 3,152,604
Revenues less expenses for previous yearUSD $ 4,084,186
Total expenses for current yearUSD $ 32,559,222
Total expenses for previous yearUSD $ 28,109,278
Other expenses in current yearUSD $ 18,424,999
Other expenses in previous yearUSD $ 14,993,997
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 14,134,223
Employee salary and benefits paid in previous yearUSD $ 13,115,281
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 35,711,826
Total revenue in previous fiscal yearUSD $ 32,193,464
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 1,008,482
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 28,186,699
Program Service Revenue from current yearUSD $ 30,223,336
Investment Income from prior yearUSD $ 1,271,036
Investment Income from current yearUSD $ 1,321,020
Other Revenue from prior yearUSD $ 495,127
Other Revenue from current yearUSD $ 649,108
Gross receipts from all sourcesUSD $ 49,331,418
Net assets / fund balances at end of fiscal yearUSD $ 61,512,786
Net assets / fund balances at beginning of fiscal yearUSD $ 57,521,165
Total liabilities at end of fiscal yearUSD $ 655,880,194
Total liabilities at beginning of fiscal yearUSD $ 624,227,255
Total assets at end of fiscal yearUSD $ 717,392,980
Total assets at beginning of fiscal yearUSD $ 681,748,420
Revenues less expenses for current yearUSD $ 4,084,186
Revenues less expenses for previous yearUSD $ 2,925,879
Total expenses for current yearUSD $ 28,109,278
Total expenses for previous yearUSD $ 27,026,983
Other expenses in current yearUSD $ 14,993,997
Other expenses in previous yearUSD $ 15,248,667
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 13,115,281
Employee salary and benefits paid in previous yearUSD $ 11,778,316
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 32,193,464
Total revenue in previous fiscal yearUSD $ 29,952,862
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 649,108
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 25,732,074
Program Service Revenue from current yearUSD $ 28,186,699
Investment Income from prior yearUSD $ 1,192,778
Investment Income from current yearUSD $ 1,271,036
Other Revenue from prior yearUSD $ 1,145,636
Other Revenue from current yearUSD $ 495,127
Gross receipts from all sourcesUSD $ 41,104,330
Net assets / fund balances at end of fiscal yearUSD $ 57,521,165
Net assets / fund balances at beginning of fiscal yearUSD $ 54,379,729
Total liabilities at end of fiscal yearUSD $ 624,227,255
Total liabilities at beginning of fiscal yearUSD $ 600,457,547
Total assets at end of fiscal yearUSD $ 681,748,420
Total assets at beginning of fiscal yearUSD $ 654,837,276
Revenues less expenses for current yearUSD $ 2,925,879
Revenues less expenses for previous yearUSD $ 1,833,987
Total expenses for current yearUSD $ 27,026,983
Total expenses for previous yearUSD $ 26,236,501
Other expenses in current yearUSD $ 15,248,667
Other expenses in previous yearUSD $ 14,864,325
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 11,778,316
Employee salary and benefits paid in previous yearUSD $ 11,372,176
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 29,952,862
Total revenue in previous fiscal yearUSD $ 28,070,488
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 495,127

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 030184985

USA Mailing Address
PO BOX 67
MONTPELIER
VT
056010067
Date first seen: 2010-07-09
Date last seen: 2019-07-24
USA Location Address
ONE BAILEY AVE
MONTPELIER
VT
05601
Date first seen: 2007-01-01
Date last seen: 2024-08-31
USA Mailing Address
1 BAILEY AVE
MONTPELIER
VT
056023401
Date first seen: 2012-09-27
Date last seen: 2017-10-06
USA Mailing Address
1 BAILEY AVENUE
MONTPELIER
VT
05602
Date first seen: 2007-01-01
Date last seen: 2024-06-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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