Bellwether Community Credit Union (EIN 020196520) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1921

Legal Domicile

Principal Officer

Jonathan Oglebay

Phone

6036458181

Tax Period

2024-01-01 to 2024-12-31

Bellwether Community Credit Union, founded in 1921, is a mid-sized nonprofit that reported $33.4M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

Operate a state chartered credit union for the benefit of its members.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $29,764,129

Investment Income $3,660,925

Other Revenue $0

TOTAL REVENUE $33,425,054

Expense Breakdown

Grants Paid $100,233

Salaries & Benefits $8,957,052

Fundraising Expenses $0

Other Expenses $11,834,716

TOTAL EXPENSES $32,462,420

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,425,054	$28,724,305	+0.2%
Expenses	$32,462,420	$28,170,924	+0.2%
Net Income	$962,634	$553,381	+0.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

112

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$863,591

Total Directors

Key Employees

$669,512

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gail Garceau	Chairwoman	1.00	Officer Director	$0	$0	$0
Nick Soggu	Vice Chair	1.00	Officer Director	$0	$0	$0
Kate Luczko	Secretary/Treasurer	1.00	Officer Director	$0	$0	$0
Eva L Martel	Director/Supervisory Commi	1.00	Officer Director	$0	$0	$0
John J Gennetti	Director	1.00	Director	$0	$0	$0
Sean O'Kane	Director	1.00	Director	$0	$0	$0
Seth Wall	Director	1.00	Director	$0	$0	$0
Maura Weston	Director	1.00	Director	$0	$0	$0
Len Williams	Director	1.00	Director	$0	$0	$0
Nathan D Saller	President & CEO	45.00	Officer	$449,220	$62,023	$511,243
Jonathan Oglebay	SVP/CFO	45.00	Officer	$179,594	$49,877	$229,471
Matthew Haines	SVP/COO	45.00	Officer	$119,029	$3,848	$122,877
Nancy D Nadeau	Past SVP/CAO	45.00	Key Emp	$654,400	$15,112	$669,512
William Zafirson	SVP/CLO	45.00	Highest	$247,132	$66,522	$313,654
Heather Tancreti	VP/Consumer Lending	45.00	Highest	$169,656	$41,915	$211,571
J Michael Perrella	VP/Business Services	45.00	Highest	$162,608	$34,000	$196,608
Lori Holmes	VP/Marketing	45.00	Highest	$157,352	$38,425	$195,777
Suzanne Beaubien	VP/Retail Services	45.00	Highest	$156,834	$26,372	$183,206

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$33,425,054	$32,462,420	$617,873,989	$962,634
2023	$28,724,305	$28,170,924	$599,439,573	$553,381
2022	$22,612,270	$20,357,881	$594,268,573	$2,254,389
2021	$21,955,180	$17,373,961	$557,690,894	$4,581,219
2020	$21,630,143	$20,533,106	$525,981,629	$1,097,037
2019	$25,125,740	$23,329,979	$529,448,434	$1,795,761
2018	$20,865,060	$19,688,718	$511,843,203	$1,176,342

Bellwether Community Credit Union