COMMUNITY CREDIT UNION OF NEW MILFORD IN (EIN 060759505) - 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

1959

Legal Domicile

Phone

8602100777

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY CREDIT UNION OF NEW MILFORD IN, founded in 1959, is a small nonprofit that reported $612K in total revenue in fiscal year 2023. Expenses of $526K left a modest 14% surplus.

Mission

PROVIDE SAVINGS AND BORROWING THRU MEMBER OWNED FINANCIAL COOPERATIVE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $606,607

Investment Income $0

Other Revenue $5,685

TOTAL REVENUE $612,292

Expense Breakdown

Grants Paid $0

Salaries & Benefits $233,743

Fundraising Expenses $0

Program Expenses $513,360

Other Expenses $292,238

TOTAL EXPENSES $525,981

Year-over-Year Comparison

	2023	2022	Change
Revenue	$612,292	$596,963	+0.0%
Expenses	$525,981	$513,360	+0.0%
Net Income	$86,311	$83,603	+0.0%

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

N/A

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

$69,642

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN T KMETZ III	CEO	45.00	Officer	$69,642	$0	$69,642
ELIZABETH DUNN	BOARD MEMBER	2.00	Director	$0	$0	$0
PETER STONE	BOARD MEMBER	2.00	Director	$0	$0	$0
GARY LUCENTE	BOARD MEMBER	2.00	Director	$0	$0	$0
GEORGE ASSAD	Secretary	2.00	Officer	$0	$0	$0
KEVIN BROWN	VICE CHAIR	2.00	Officer	$0	$0	$0
MARTIN LANDGREBE	Chairman	2.00	Officer	$0	$0	$0
GEORGE C BUCKBEE	Treasurer	2.00	Officer	$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	No data	No data	No data	No data
2023	$612,292	$525,981	$15,155,045	$86,311
2022	$596,963	$513,360	$15,400,164	$83,603
2021	$506,833	$521,404	$15,513,759	$-14,571
2020	$587,200	$563,026	$15,396,124	$24,174
2019	$646,414	$580,174	$12,492,715	$66,240
2018	$614,245	$551,349	$13,145,320	$62,896

COMMUNITY CREDIT UNION OF NEW MILFORD IN