People's Credit Union (EIN 050198580) - 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

Sean Daly

Phone

4018468930

Tax Period

2025-01-01 to 2025-12-31

People's Credit Union, founded in 1922, is a mid-sized nonprofit that reported $39.1M in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $37.4M left a modest 4% surplus.

Mission

State chartered 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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $36,446,210

Investment Income $2,653,413

Other Revenue $0

TOTAL REVENUE $39,099,623

Expense Breakdown

Grants Paid $220,182

Salaries & Benefits $11,633,957

Fundraising Expenses $0

Other Expenses $25,496,479

TOTAL EXPENSES $37,350,618

Year-over-Year Comparison

	2025	2024	Change
Revenue	$39,099,623	$34,998,828	+0.1%
Expenses	$37,350,618	$34,532,228	+0.1%
Net Income	$1,749,005	$466,600	+2.7%

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

140

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

$807,939

Total Directors

$126,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Christopher S Ottiano MD	Board Chair	2.00	Officer Director	$14,800	$0	$14,800
Edward T Lopes Jr	Board Vice-Chair	2.00	Officer Director	$12,400	$0	$12,400
Thomas Vignali	Board Treasurer	2.00	Officer Director	$12,800	$0	$12,800
Toni Lyn McGowan	Board Secretary	2.00	Officer Director	$12,800	$0	$12,800
Alyson Adkins	Board Member	2.00	Director	$10,400	$0	$10,400
Timothy J DelGiudice	Board Member	2.00	Director	$10,000	$0	$10,000
William L Douglas Jr	Board Member	2.00	Director	$10,800	$0	$10,800
Terri Marcucci Fitch	Board Member	2.00	Director	$10,800	$0	$10,800
Steven Kozlowski	Board Member	2.00	Director	$10,800	$0	$10,800
Frank Newsome	Board Member	2.00	Director	$10,400	$0	$10,400
John Trifero	Board Member	2.00	Director	$10,400	$0	$10,400
Sean Daly	Head of People's Credit Union	40.00	Officer	$480,497	$10,500	$490,997
Patricia Carlin	Head of Finance & Risk	40.00	Officer	$256,033	$8,109	$264,142
William DeWitt	Head of Member Delivery & Marketing	40.00	Highest	$259,367	$40,868	$300,235
Timothy Jermain	Head of Lending	40.00	Highest	$262,751	$29,145	$291,896
Karen Parent	Head of Human Resources & Talent	40.00	Highest	$205,117	$36,302	$241,419
Christopher Eden	Head of Information Security & Tech.	40.00	Highest	$180,661	$15,455	$196,116
Terri Raymond	Head of Retail	40.00	Highest	$189,012	$18,528	$207,540

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	$39,099,623	$37,350,618	$807,987,071	$1,749,005
2024	No data	No data	No data	No data
2023	$30,263,370	$28,807,587	$717,003,402	$1,455,783
2022	$26,116,724	$21,364,433	$687,852,954	$4,752,291
2021	$25,020,386	$19,033,530	$619,991,757	$5,986,856
2020	$25,441,248	$20,540,862	$554,490,757	$4,900,386
2019	$26,121,137	$21,381,623	$516,867,627	$4,739,514
2018	$23,966,390	$19,994,853	$494,106,435	$3,971,537

People's Credit Union