PREMIER SOURCE CREDIT UNION (EIN 042444639) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1941

Legal Domicile

Principal Officer

BONNIE J RAYMOND

Phone

4135252002

Tax Period

2018-01-01 to 2018-12-31

PREMIER SOURCE CREDIT UNION, founded in 1941, is a community nonprofit in the Public & Societal Benefit sector that reported $3.2M in total revenue in fiscal year 2018. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $3.1M left a modest 3% surplus.

Mission

CREDIT UNION - THRIFT SERVICES

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,640,570

Investment Income $543,148

Other Revenue $32,582

TOTAL REVENUE $3,216,300

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $1,238,298

Fundraising Expenses $0

Other Expenses $1,872,949

TOTAL EXPENSES $3,113,247

Year-over-Year Comparison

	2018	2017	Change
Revenue	$3,216,300	$2,922,187	+0.1%
Expenses	$3,113,247	$3,051,761	+0.0%
Net Income	$103,053	$-129,574	-1.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$149,267

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD GRABIEC	CHAIRMAN	3.00	Officer Director	$0	$0	$0
GEORGE REICH	VICE CHAIRMAN	3.00	Officer Director	$0	$0	$0
SANDRA WOODROW	CLERK	3.00	Officer Director	$0	$0	$0
BARBARA CHAREST	DIRECTOR	3.00	Director	$0	$0	$0
PAUL FEDERICI	DIRECTOR	3.00	Director	$0	$0	$0
JOSEPH FRANCISCO	DIRECTOR	3.00	Director	$0	$0	$0
SUSAN GOULET	DIRECTOR	3.00	Director	$0	$0	$0
JUDY JACKSON	DIRECTOR	3.00	Director	$0	$0	$0
DAVID KRUGER	DIRECTOR	3.00	Director	$0	$0	$0
DOUG MELLIS	DIRECTOR	3.00	Director	$0	$0	$0
ANDREW NETHERWOOD	DIRECTOR	3.00	Director	$0	$0	$0
MADHU SHAH	DIRECTOR	3.00	Director	$0	$0	$0
BONNIE RAYMOND	C.E.O.	40.00	Officer	$134,245	$15,022	$149,267

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
2018	$3,216,300	$3,113,247	$62,230,796	$103,053

PREMIER SOURCE CREDIT UNION