Cport Credit Union

Organization Overview

Cport Credit Union is located in Portland, ME. As of 12/2018, Cport Credit Union employed 94 individuals.

For the year ending 12/2018, Cport Credit Union generated $12.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $10.4m during the year ending 12/2018. While expenses have increased by 8.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CREDIT UNION HAS 23,168 MEMBERS AS OF 12/31/2018. MEMBERS HAVE ACCESS TO A WIDE VARIETY OF LOW COST, HIGH QUALITY SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Eugene Ardito
President & CEO
$406,770
Christian Vandyck
Svp/ General Counsel
$110,687
Kelsey Marquis
VP Of Finance
$79,067
James Cloutier
Treasurer
$0
Mark Fernandez
Vice Chairman
$0
Scott Paquet
Chairman
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Synergent
Core Processing And Related Services
$1,065,517
Systems Engineering
Information Tech. Services
$303,582
Malauzai Software Inc
Online Banking Provider
$231,326
Portland Safe
Atm Purchases And Maintenance
$218,819
Landry French Construction
Contractors For New Branch
$1,641,472
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$11,450,617
Investment income $698,719
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$4,279
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,416,693

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