MEMBERS 1ST CREDIT UNION (EIN 030197116) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1957

Legal Domicile

Phone

8022575131

Tax Period

2024-01-01 to 2024-12-31

MEMBERS 1ST CREDIT UNION, founded in 1957, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024.

Mission

CREDIT UNION/NOT FOR PROFIT FINANCIAL INSTITUTION

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,230,796

Investment Income $124,626

Other Revenue $0

TOTAL REVENUE $1,355,422

Expense Breakdown

Grants Paid $0

Salaries & Benefits $431,858

Fundraising Expenses $0

Program Expenses $0

Other Expenses $521,430

TOTAL EXPENSES $1,325,377

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,355,422	$1,335,424	+0.0%
Expenses	$1,325,377	$1,083,431	+0.2%
Net Income	$30,045	$251,993	-0.9%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

2121

Employees

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

$78,083

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EVELYN SIROIS	CEO	45	Officer Highest	$78,083	$0	$78,083
TAMARA GRAY	CHAIR	1	Director	$0	$0	$0
MICHAEL DEL PRIORE	VICE CHAIR	1	Director	$0	$0	$0
MONA WILLIAMS	DIRECTOR	1	Director	$0	$0	$0
JUDITH WISELL	TREASURER	1	Director	$0	$0	$0
EDWARD HOGAN	DIRECTOR	1	Director	$0	$0	$0
LAWRENCE O'NEILL	DIRECTOR	1	Director	$0	$0	$0
BERT WILKINS	DIRECTOR	1	Director	$0	$0	$0
SHERI BOLSTER	SUPERVISORY COMMITTEE CHAIR	1	Director	$0	$0	$0
EDITH HARVEY	SUPERVISORY COMMITTEE MEMBER	1	Director	$0	$0	$0
AMBER DOWNING	SUPERVISORY COMMITTEE MEMBER	1	Director	$0	$0	$0

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
2025	No data	No data	No data	No data
2024	$1,355,422	$1,325,377	$21,181,241	$30,045
2023	$1,335,424	$1,083,431	$17,231,872	$251,993
2022	$923,834	$824,805	$16,999,218	$99,029
2022	$923,834	$824,805	$16,999,218	$99,029
2021	$822,671	$732,693	$18,220,360	$89,978
2020	$883,101	$941,085	$16,938,066	$-57,984
2019	$1,054,855	$1,052,235	$14,865,643	$2,620
2018	$1,070,332	$998,538	$15,831,072	$71,794

MEMBERS 1ST CREDIT UNION