NEW LONDON MUNICIPAL CREDIT UNION (EIN 066065050) - 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

1963

Legal Domicile

Principal Officer

MELISSA ROBINSON

Phone

8604471585

Tax Period

2020-01-01 to 2020-12-31

NEW LONDON MUNICIPAL CREDIT UNION, founded in 1963, is a small nonprofit that reported $114K in total revenue in fiscal year 2020. Revenue decreased 18% compared to the prior year. Expenses of $142K exceeded revenue, resulting in a 25% operating deficit.

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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,050

Investment Income $109,365

Other Revenue $3,096

TOTAL REVENUE $113,511

Expense Breakdown

Grants Paid $0

Salaries & Benefits $97,985

Fundraising Expenses $0

Other Expenses $43,838

TOTAL EXPENSES $141,823

Year-over-Year Comparison

	2020	2019	Change
Revenue	$113,511	$138,717	-0.2%
Expenses	$141,823	$137,958	+0.0%
Net Income	$-28,312	$759	-38.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA PAUL	TREASURER	10.00	Officer Director	$0	$0	$0
MAUREEN FARRELL	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL PABON	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH NOTT JR	DIRECTOR	2.00	Director	$0	$0	$0
MARK TOPLIFF	PRESIDENT	2.00	Officer	$0	$0	$0
MICHAEL TRANCHIDA	VICE PRESIDENT	2.00	Officer	$0	$0	$0
DONNA RINEHART	SECRETARY	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
2020	$113,511	$141,823	$3,232,846	$-28,312
2019	$138,717	$137,958	$3,218,935	$759
2018	$123,241	$136,691	$3,031,993	$-13,450

NEW LONDON MUNICIPAL CREDIT UNION