BROOKLINE MUNICIPAL CREDIT UNION (EIN 042041245) - 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

1939

Legal Domicile

Principal Officer

PAUL J DEMAIO

Phone

6172329410

Tax Period

2024-01-01 to 2024-12-31

BROOKLINE MUNICIPAL CREDIT UNION, founded in 1939, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $1.4M left a modest 15% surplus.

Mission

CREDIT UNION

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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 $664,691

Investment Income $843,576

Other Revenue $126,956

TOTAL REVENUE $1,635,223

Expense Breakdown

Grants Paid $0

Salaries & Benefits $500,501

Fundraising Expenses $0

Other Expenses $896,021

TOTAL EXPENSES $1,396,522

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,635,223	$1,387,613	+0.2%
Expenses	$1,396,522	$1,178,044	+0.2%
Net Income	$238,701	$209,569	+0.1%

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

$173,404

Total Directors

$3,443

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL J DEMAIO	PRESIDENT AN	40.00	Officer	$126,117	$43,844	$169,961
ELIZABETH A MCDONALD	TREASURER/CL	2.00	Officer Director	$3,025	$418	$3,443
MATTHEW S BARONAS	1ST VICE CHA	2.00	Officer Director	$0	$0	$0
JENNIFER DOPAZO GILBERT	DIRECTOR	2.00	Director	$0	$0	$0
PHILIP J HARRINGTON	2ND VICE CHA	2.00	Officer Director	$0	$0	$0
MARJORIE LALLI	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
FRANCIS M MORONEY	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL C O'LEARY	ASSISTANT TR	2.00	Officer Director	$0	$0	$0
MICHAEL J O'REILLY	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW M PAPPASTERGION	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
2024	$1,635,223	$1,396,522	$46,443,705	$238,701
2023	$1,387,613	$1,178,044	$45,011,748	$209,569
2022	$979,722	$957,842	$46,391,767	$21,880
2021	$945,897	$919,704	$46,577,949	$26,193
2020	$1,109,708	$981,936	$43,698,071	$127,772
2019	$1,225,638	$943,646	$36,994,970	$281,992
2018	$1,341,564	$940,483	$37,395,478	$401,081

BROOKLINE MUNICIPAL CREDIT UNION