ALBANY, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW YORK CREDIT UNION ASSOCIATION INC, founded in 1917, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Net assets of $24.2M represent 105 months of operating reserves.
(PART I, LINE 1) FOR MISSION DESCRIPTION.
THE NEW YORK CREDIT UNION ASSOCIATION, INC. ("THE ASSOCIATION") HAS WORKED "TO SERVE AND SUPPORT CREDIT UNIONS" SINCE 1917. AS THE TRADE ASSOCIATION FOR APPROXIMATELY 300 NOT-FOR-PROFIT, MEMBER-OWNED...
THE NEW YORK CREDIT UNION ASSOCIATION, INC. ("THE ASSOCIATION") HAS WORKED "TO SERVE AND SUPPORT CREDIT UNIONS" SINCE 1917. AS THE TRADE ASSOCIATION FOR APPROXIMATELY 300 NOT-FOR-PROFIT, MEMBER-OWNED CREDIT UNIONS IN NEW YORK, THE ASSOCIATION PROMOTES THE HEALTH AND WELL BEING OF THE CREDIT UNION MOVEMENT AT THE NATIONAL, STATE AND LOCAL LEVEL. THE ASSOCIATION UNIFIES CREDIT UNIONS AND PROMOTES THEIR MUTUAL WELFARE, WHILE ALSO MAINTAINING CONTACTS WITH SIMILAR ORGANIZATIONS IN OTHER STATES. EDUCATIONAL SEMINARS AND PROGRAMS PROVIDE MEMBER CREDIT UNIONS WITH ANOTHER SOURCE OF INFORMATION. THESE PROGRAMS, AVAILABLE TO ALL MEMBER CREDIT UNIONS, ARE EDUCATIONAL IN NATURE, PROVIDING INFORMATION TO CREDIT UNIONS ON ISSUES IMPACTING THE CREDIT UNION MOVEMENT. MEMBER CREDIT UNIONS ARE KEPT ABREAST OF CURRENT ISSUES, LAWS, AND REGULATIONS AS WELL AS BUSINESS AND CONSUMER TRENDS RELEVANT TO CREDIT UNIONS. NYCUA'S FULL-TIME COMPLIANCE STAFF ANSWERS QUESTIONS AND WORKS WITH CREDIT UNIONS ON ISSUES THAT IMPACT THEM DAILY WHILE AT THE SAME TIME SERVING AS A LIAISON BETWEEN CREDIT UNIONS AND MANY REGULATORY AGENCIES SUCH AS THE NATIONAL CREDIT UNION ADMINISTRATION AND THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES. NYCUA ACTS AS AN ADVOCATE FOR LEGISLATION IN SUPPORT OF CREDIT UNIONS AND CONSUMERS IN GENERAL AT BOTH STATE AND NATIONAL LEVEL LAWMAKERS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,770,541 | $2,645,524 | +0.0% |
| Expenses | $3,020,573 | $2,939,245 | +0.0% |
| Net Income | $-250,032 | $-293,721 | -0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ERIC HEPKINS | CHAIR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAGGIE POPE | VICE CHAIR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| A RYAN ROBERTS | TREASURER | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| GARRETT GIZOWSKI | SECRETARY | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAURIE BAKER | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| MARIE BETTI | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| VICKY BURDICK | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| BRAD CALHOUN | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| BRIAN MAY | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| KEVIN MIETLICKI | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| KEITH STONE | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| JOHNATHAN ROBERTS | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| ROBYN YOUNG | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM J MELLIN | PRESIDENT/CEO | 17.50 |
Officer
|
$278,852 | $13,060 | $570,764 |
| EDWARD KOVALEFSKY | CHIEF FINANCIAL OFFICER | 7.00 |
Officer
|
$42,534 | $1,406 | $214,078 |
| GREGORY MASTRANGELO | CHIEF TECHNOLOGY OFFICER | 8.75 |
Highest
|
$46,851 | $7,699 | $195,102 |
| CHRISTOPHER PAJAK | VP OF MEMBER RELATIONS | 35.00 |
Highest
|
$179,521 | $7,768 | $187,289 |
| LORI MAYER | DIRECTOR OF HUMAN RESOURCE | 8.75 |
Highest
|
$33,566 | $7,827 | $142,091 |
| BARBARA DELAFAYETTE | CONTROLLER | 17.50 |
Highest
|
$60,022 | $8,920 | $128,963 |
| LAURIE MOORE | DIRECTOR OF EXECUTIVE AFFA | 17.50 |
Highest
|
$58,226 | $7,162 | $123,614 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $2,770,541 | $3,020,573 | $26,947,499 | $-250,032 |
| 2022 | $2,645,524 | $2,939,245 | $26,165,892 | $-293,721 |
| 2021 | $2,081,668 | $2,232,664 | $26,477,770 | $-150,996 |
| 2020 | $2,857,361 | $2,589,098 | $25,292,098 | $268,263 |
| 2019 | $3,281,324 | $3,216,640 | $25,308,872 | $64,684 |
| 2018 | $3,324,238 | $3,105,330 | $23,963,436 | $218,908 |
Compare NEW YORK CREDIT UNION ASSOCIATION INC with other nonprofits in New York and across the country.