CONSOL Employees Credit Union

EIN: 251378255

McMurray, PA

Total Revenue
$104,630
Total Expenses
$138,892
Total Assets
$12,964,013
Net Assets
$12,785,575
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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
1980
Legal Domicile
PA
Principal Officer
Ronald F Melani
Phone
7242993730
Tax Period
2019-01-01 to 2019-12-31

CONSOL Employees Credit Union, founded in 1980, is a small nonprofit that reported $105K in total revenue in fiscal year 2019. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $139K exceeded revenue, resulting in a 33% operating deficit.

Mission

Credit unions are cooperative savings and credit associations incorporated under Act #260 of May 1993, oar Act #183 of Sept. 1961 for the purpose of promoting thrift among its members. Also to create a source of credit for such members at reasonable rates to use and control their own money on a democratic basis in order to improve their own economic and social condition.

Program Service Accomplishments

Program 1

The credit union is a democratically controlled not-for-profit financial cooperative that is owned by, and operated for the benefit of the membership. The mission of the CONSOL Employees Credit Union...

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The credit union is a democratically controlled not-for-profit financial cooperative that is owned by, and operated for the benefit of the membership. The mission of the CONSOL Employees Credit Union is to provide excellent service and to meet the financial needs of its members by furnishing the widest array of possible high quality, low cost, financial products and services and information.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $42,718
Investment Income $47,971
Other Revenue $13,941
TOTAL REVENUE $104,630

Expense Breakdown

Grants Paid $0
Salaries & Benefits $59,828
Fundraising Expenses $0
Program Expenses $0
Other Expenses $79,064
TOTAL EXPENSES $138,892

Year-over-Year Comparison

2019 2018 Change
Revenue $104,630 $518,753 -0.8%
Expenses $138,892 $557,139 -0.8%
Net Income $-34,262 $-38,386 -0.1%
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

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Governance

Voting Members
7
Independent Members
7
Employees
5
Volunteers
10

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jessie Jablonski Vice President 5
Director
$0 $0 $0
Peter Vaughan Director 5
Director
$0 $0 $0
Maria Farneth Director 5
Director
$0 $0 $0
Lorraine Checque Director 5
Director
$0 $0 $0
Jane Young Secretary 5
Officer
$0 $0 $0
Susan Modispacher Treasurer 5
Officer
$0 $0 $0
Matthew Woolensack President 5
Officer
$0 $0 $0
Ronald Melani Manager 40
Highest
$25,000 $0 $25,000
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
2019 $104,630 $138,892 $12,964,013 $-34,262
2018 $518,753 $557,139 $12,647,632 $-38,386
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