TRMC EMPLOYEES CREDIT UNION

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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

1966

Legal Domicile

Principal Officer

DARA C HARRELL

Phone

8032558517

Tax Period

2020-01-01 to 2020-12-31

TRMC EMPLOYEES CREDIT UNION, founded in 1966, is a small nonprofit that reported $132K in total revenue in fiscal year 2020. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $228K exceeded revenue, resulting in a 73% operating deficit.

Mission

STATE CHARTERED CREDIT UNION

Program Service Accomplishments

Program 1

Expenses: $225,316

DURING THE YEAR THE CREDIT UNION SERVED ITS MEMBERS BY PROVIDING LOANS AT REASONABLE RATES. IT ALSO ACCEPTED DEPOSITS AND PAID REASONABLE RATES OF INTEREST ON THOSE DEPOSITS.

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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 $104,590

Investment Income $2,458

Other Revenue $24,521

TOTAL REVENUE $131,569

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,882

Fundraising Expenses $0

Program Expenses $225,316

Other Expenses $222,968

TOTAL EXPENSES $227,850

Year-over-Year Comparison

	2020	2019	Change
Revenue	$131,569	$418,214	-0.7%
Expenses	$227,850	$580,811	-0.6%
Net Income	$-96,281	$-162,597	-0.4%

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

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
REBECCA BURROWS	BOARD MEMBER	N/A	Director	$0	$0	$0
LINDA FELDER	VICE CHAIRMA	N/A	Director	$0	$0	$0
SANDRA MICHELLE GREEN	SECRETARY/TR	N/A	Director	$0	$0	$0
HENRY MILLER	CHAIRPERSON	N/A	Director	$0	$0	$0
CHRIS PELZER	BOARD MEMBER	N/A	Director	$0	$0	$0
DARA C HARRELL	CFO	40.00	Officer	$0	$0	$0
KEISHA WATSON	MANAGER	N/A	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	$131,569	$227,850	No data	$-96,281
2019	$418,214	$580,811	$5,030,143	$-162,597
2018	$687,252	$556,423	$5,671,875	$130,829