WALTHAM MUNICIPAL EMPLOYEES CU (EIN 042281295) - 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

1949

Legal Domicile

Principal Officer

MICHAEL J DAVIS

Phone

7817369915

Tax Period

2019-01-01 to 2019-12-31

WALTHAM MUNICIPAL EMPLOYEES CU, founded in 1949, is a small nonprofit that reported $253K in total revenue in fiscal year 2019. The organization ran a surplus of $49K, a strong 19% operating margin.

Mission

CREDIT UNION MAINTENANCE OF MEMBERS ACCOUNTS

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $113,587

Investment Income $138,280

Other Revenue $1,222

TOTAL REVENUE $253,089

Expense Breakdown

Grants Paid $0

Salaries & Benefits $142,585

Fundraising Expenses $0

Program Expenses $9,972

Other Expenses $58,193

TOTAL EXPENSES $204,207

Year-over-Year Comparison

	2019	2018	Change
Revenue	$253,089	$234,828	+0.1%
Expenses	$204,207	$223,501	-0.1%
Net Income	$48,882	$11,327	+3.3%

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

N/A

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

$85,612

Total Directors

$85,612

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILFRED J PETIPAS	CHAIRMAN	N/A	Officer Director	$0	$0	$0
MICHAEL J DAVIS	TREASURER	25.00	Officer Director	$45,079	$0	$45,079
WILLIAM R MACDONALD	ASST TREASURER	10.00	Officer Director	$27,103	$0	$27,103
BARRY P SULLIVAN	CLERKLOAN OFFICER	5.000	Officer Director	$13,430	$0	$13,430
DENNIS QUINN	DIRECTOR	N/A	Director	$0	$0	$0
STEPHEN P MAHONEY	DIRECTOR	N/A	Director	$0	$0	$0
CHARLIE BASTARACHE	DIRECTOR	N/A	Director	$0	$0	$0
JEAN MACKENZIE	DIRECTOR	N/A	Director	$0	$0	$0
JOHN E CRONIN	VICE PRESIDENT	N/A	Officer 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
2019	$253,089	$204,207	$8,588,518	$48,882
2018	$234,828	$223,501	$8,758,650	$11,327

WALTHAM MUNICIPAL EMPLOYEES CU