NORTHEAST SCHOOLS AND HOSPITAL CREDIT UNION (EIN 030259968) - 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

1969

Legal Domicile

Principal Officer

LINN ELKO

Phone

8023341844

Tax Period

2025-01-01 to 2025-12-31

NORTHEAST SCHOOLS AND HOSPITAL CREDIT UNION, founded in 1969, is a small nonprofit that reported $302K in total revenue in fiscal year 2025. Expenses of $338K exceeded revenue, resulting in a 12% operating deficit.

Mission

CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR MEMBERS INCLUDING LOANS AT AFFORDABLE RATES AND ATTRACTIVE RATES ON DEPOSITS

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $278,390

Investment Income $21,440

Other Revenue $1,972

TOTAL REVENUE $301,802

Expense Breakdown

Grants Paid $0

Salaries & Benefits $149,069

Fundraising Expenses $0

Other Expenses $153,784

TOTAL EXPENSES $337,590

Year-over-Year Comparison

	2025	2024	Change
Revenue	$301,802	$307,061	0.0%
Expenses	$337,590	$328,051	+0.0%
Net Income	$-35,788	$-20,990	+0.7%

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

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

$129,049

Total Directors

$81,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINN ELKO	TREASURER	40.00	Officer Director	$81,400	$0	$81,400
BETH BARRY-CORRIVEAU	EMPLOYEE	32.00	Officer	$27,047	$0	$27,047
LINDSAY GARDYNE	EMPLOYEE	32.00	Officer	$20,602	$0	$20,602
SALLY FRAIZE	SECRETARY	2.00	Officer Director	$0	$0	$0
BRIAN GRIMM	PRESIDENT	2.00	Officer Director	$0	$0	$0
JEANETTE JOHNSON	DIRECTOR	2.00	Director	$0	$0	$0
SHARON PARE	VICE PRESIDE	2.00	Director	$0	$0	$0
SHARI LEE RYAN	DIRECTOR	2.00	Director	$0	$0	$0
APRIL TOUCHETTE	DIRECTOR	2.00	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	$301,802	$337,590	$5,555,180	$-35,788
2024	No data	No data	No data	No data
2023	$266,325	$277,189	$5,740,329	$-10,864
2022	$221,955	$223,542	$5,730,427	$-1,587
2021	$236,277	$223,379	$6,266,622	$12,898
2020	$259,331	$259,159	$5,421,252	$172

NORTHEAST SCHOOLS AND HOSPITAL CREDIT UNION