RIVER TO RIVER CREDIT UNION (EIN 237209589) - 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

1972

Legal Domicile

Principal Officer

STEVEN SANDERS

Phone

6186588312

Tax Period

2024-01-01 to 2024-12-31

RIVER TO RIVER CREDIT UNION, founded in 1972, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $611K, a strong 40% operating margin.

Mission

RIVER TO RIVER CREDIT UNION IS A MEMBER OWNED FINANCIAL INSTITUTION DEDICATED TO PROVIDING A WIDE RANGE OF PRODUCTS AND SERVICES IN A FRIENDLY ATMOSPHERE WHILE MAINTAINING LONG TERM FINANCIAL STABILITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,066,884

Investment Income $448,449

Other Revenue $0

TOTAL REVENUE $1,515,333

Expense Breakdown

Grants Paid $0

Salaries & Benefits $348,232

Fundraising Expenses $0

Other Expenses $556,037

TOTAL EXPENSES $904,269

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,515,333	$1,216,594	+0.2%
Expenses	$904,269	$815,074	+0.1%
Net Income	$611,064	$401,520	+0.5%

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

$103,330

Total Directors

$103,330

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY MCGILL	CHAIRMAN	0.50	Director	$0	$0	$0
KENNETH WIGGS	VICE CHAIRMAN	0.50	Director	$0	$0	$0
SHEILA REICHERT	TREASURER	0.50	Director	$0	$0	$0
BETTY HEATON	SECRETARY	0.50	Director	$0	$0	$0
HALEY PERZEE	DIRECTOR/SUPERVISORY COMMI	0.50	Director	$0	$0	$0
JEANNIE HOUSEWRIGHT	DIRECTOR/SUPERVISORY COMMI	0.50	Director	$0	$0	$0
JAMES BAILEY	DIRECTOR/SUPERVISORY COMMI	0.50	Director	$0	$0	$0
JEFF DENNISON	DIRECTOR	0.50	Director	$0	$0	$0
STEVEN SANDERS	PRESIDENT/CEO	40.00	Officer Director	$103,330	$0	$103,330

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	$1,515,333	$904,269	$26,722,239	$611,064
2023	$1,216,594	$815,074	$25,683,854	$401,520
2022	$856,264	$708,900	$26,885,610	$147,364
2021	$795,583	$660,671	$26,266,190	$134,912
2020	$827,659	$647,846	$23,420,972	$179,813
2019	$892,692	$739,940	$19,691,395	$152,752
2018	$831,952	$686,593	$18,064,102	$145,359

RIVER TO RIVER CREDIT UNION