CRMC EMPLOYEES CU (EIN 237421343) - 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

MATTIE BIVENS

Phone

9123841900

Tax Period

2023-01-01 to 2023-12-31

CRMC EMPLOYEES CU, founded in 1972, is a small nonprofit that reported $141K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $43K, a strong 30% operating margin.

Mission

CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS.

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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 $93,884

Investment Income $46,826

Other Revenue $0

TOTAL REVENUE $140,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,485

Fundraising Expenses $0

Program Expenses $97,871

Other Expenses $40,386

TOTAL EXPENSES $97,871

Year-over-Year Comparison

	2023	2022	Change
Revenue	$140,710	$95,870	+0.5%
Expenses	$97,871	$89,893	+0.1%
Net Income	$42,839	$5,977	+6.2%

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

$57,485

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTIE BIVENS	MANAGER	40.00	Officer	$57,485	$0	$57,485
TERESA CHANEY	BOARD MEMBER	1.00	Director	$0	$0	$0
LAVONDA CRAVEY	BOD MEM/AUDC	1.00	Officer Director	$0	$0	$0
SHONDA DULAP	BOARD SEC/TR	1.00	Director	$0	$0	$0
PEGGY KIRKLAND	BOARD MEMBER	1.00	Director	$0	$0	$0
MEL MCCRANIE	BOARD VICE C	1.00	Director	$0	$0	$0
BRENDA REYNOLDS	BOARD MEMBER	1.00	Director	$0	$0	$0
AMANDA STRICKLAND	BOARD MEMBER	1.00	Director	$0	$0	$0
SHERRY THOMAS	BOARD CHAIRP	1.00	Director	$0	$0	$0
MINDY LOTT	AUDIT COM ME	1.00	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
2023	$140,710	$97,871	$2,889,744	$42,839
2022	$95,870	$89,893	$3,119,808	$5,977
2021	$91,169	$92,190	$3,121,953	$-1,021
2020	$104,199	$79,732	$2,891,321	$24,467
2019	$97,549	$67,249	$2,690,050	$30,300
2018	$87,178	$60,821	$2,536,036	$26,357

CRMC EMPLOYEES CU