ALLTRUST CREDIT UNION (EIN 041853650) - 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

1922

Legal Domicile

Principal Officer

SHARON MEDEIROS

Phone

5089949971

Tax Period

2025-01-01 to 2025-12-31

ALLTRUST CREDIT UNION, founded in 1922, is a mid-sized nonprofit that reported $13.7M in total revenue in fiscal year 2025. Revenue decreased 9% compared to the prior year. Expenses of $17.5M exceeded revenue, resulting in a 28% operating deficit.

Mission

CREDIT UNION - THRIFT SERVICES

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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 $11,268,798

Investment Income $2,215,943

Other Revenue $190,390

TOTAL REVENUE $13,675,131

Expense Breakdown

Grants Paid $21,975

Salaries & Benefits $4,570,348

Fundraising Expenses $0

Other Expenses $12,872,626

TOTAL EXPENSES $17,464,949

Year-over-Year Comparison

	2025	2024	Change
Revenue	$13,675,131	$14,999,875	-0.1%
Expenses	$17,464,949	$16,290,560	+0.1%
Net Income	$-3,789,818	$-1,290,685	+1.9%

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

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

$690,791

Total Directors

$16,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES MURPHY	2ND VICE CHAIR	3.00	Officer Director	$0	$0	$0
DAVID S DARMOFAL	DIRECTOR	3.00	Director	$0	$0	$0
KRISTEN SNIEZEK	CHAIR	3.00	Officer Director	$11,500	$0	$11,500
MARK SYLVIA	DIRECTOR	3.00	Director	$0	$0	$0
PAMELA BOURGAULT	1ST VICE CHAIR	3.00	Officer Director	$0	$0	$0
PAUL SYLVIA	DIRECTOR	3.00	Director	$0	$0	$0
RICHARD ELLIS	CLERK/TREASURER	3.00	Officer Director	$5,000	$0	$5,000
CHRISTOPHER HILLER	ASST. CLERK/TREASURER	3.00	Officer Director	$0	$0	$0
JUSTIN BOULEY	DIRECTOR	3.00	Director	$0	$0	$0
CARMEN F SYLVESTER	PRESIDENT & CEO	40.00	Officer	$337,831	$36,236	$374,067
MICHAEL S GAGO	FORMER CHIEF LENDING OFFICER	40.00	Officer	$80,142	$2,292	$82,434
SHARON MEDEIROS	CHIEF FINANCIAL OFFICER	40.00	Officer	$186,015	$31,775	$217,790
KIMBERLY TRAHAN	SR. VICE PRESIDENT HR	40.00	Highest	$156,555	$6,838	$163,393
SHANON DUBOIS	VP, RETAIL LENDING OPERATI	40.00	Highest	$123,449	$29,492	$152,941
STEPHANIE MEDEIROS	VICE PRESIDENT OPERATIONS	40.00	Highest	$126,135	$29,420	$155,555
SUSAN ST PIERRE	VICE PRESIDENT IT	40.00	Highest	$140,001	$20,363	$160,364
SUZANNE CATRAIO	VICE PRESIDENT OF MARKETIN	40.00	Highest	$117,275	$13,215	$130,490

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	$13,675,131	$17,464,949	$293,497,499	$-3,789,818
2024	No data	No data	No data	No data
2023	$14,866,095	$14,935,599	$326,560,591	$-69,504
2022	$12,729,044	$12,437,070	$345,809,637	$291,974
2021	$13,016,630	$11,561,477	$299,264,971	$1,455,153
2020	$13,961,049	$10,932,677	$293,041,975	$3,028,372
2019	$9,994,274	$10,517,585	$251,289,089	$-523,311
2018	$8,514,322	$7,508,588	$221,904,247	$1,005,734

ALLTRUST CREDIT UNION