196 MIDDLETOWN AREA SCHOOLS CREDIT UNION

EIN: 310622053

Middletown, OH

Total Revenue
$663,369
Total Expenses
$505,272
Total Assets
$10,801,850
Net Assets
$1,610,552
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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
1937
Legal Domicile
OH
Principal Officer
Martha Morgan
Phone
5134222392
Tax Period
2025-01-01 to 2025-12-31

196 MIDDLETOWN AREA SCHOOLS CREDIT UNION, founded in 1937, is a small nonprofit that reported $663K in total revenue in fiscal year 2025. The organization ran a surplus of $158K, a strong 24% operating margin.

Mission

We are people helping people, rooted in our communities, empowering our employees to help our members achieve financial success.

Program Service Accomplishments

Program 1

The credit union services their 1,009 members by providing deposit services including share and club accounts, share draft accounts and share certificates. The members have access to home banking...

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The credit union services their 1,009 members by providing deposit services including share and club accounts, share draft accounts and share certificates. The members have access to home banking, debit cards, credit cards and ATMs.

Program 2

Loan products offered by the credit union includes new and used vehicle loans, recreational vehicle loans, share secured loans, unsecured loans and credit cards, The credit union granted 232 loans in...

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Loan products offered by the credit union includes new and used vehicle loans, recreational vehicle loans, share secured loans, unsecured loans and credit cards, The credit union granted 232 loans in 2025 totaling $3,586,460 at competitive rates. Loans increased 25.59% in 2025.

Program 3

The credit union paid dividends on the 1,288 share accounts and share certificate accounts held by the credit union's 1,009 members. Shares increased 5.41% in 2025.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $513,536
Investment Income $149,833
Other Revenue $0
TOTAL REVENUE $663,369

Expense Breakdown

Grants Paid $0
Salaries & Benefits $176,754
Fundraising Expenses $0
Program Expenses $0
Other Expenses $328,518
TOTAL EXPENSES $505,272

Year-over-Year Comparison

2025 2024 Change
Revenue $663,369 $661,055 +0.0%
Expenses $505,272 $471,091 +0.1%
Net Income $158,097 $189,964 -0.2%
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

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Governance

Voting Members
7
Independent Members
3
Employees
6
Volunteers
7

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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cecil R Barger Director 0.50
Director
$0 $0 $0
Shirley Chaputa Director 0.50
Director
$0 $0 $0
Linda Jester Director 0.50
Director
$0 $0 $0
Terry Snelling Director 0.50
Director
$0 $0 $0
Mary A Gast Director-Secretary 0.50
Officer Director
$0 $0 $0
James J Stiver Director/Vice President 0.50
Officer Director
$0 $0 $0
Martha Morgan Director President 0.50
Officer Director
$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
2025 $663,369 $505,272 $10,801,850 $158,097
2024 $661,055 $471,091 $10,193,948 $189,964
2023 $652,471 $502,637 $9,807,841 $149,834
2022 $404,301 $350,624 $9,398,111 $53,677
2021 $355,100 $376,909 $11,020,574 $-21,809
2020 $391,503 $415,398 $9,328,886 $-23,895
2019 $449,701 $429,888 $8,279,801 $19,813
2018 $470,989 $377,619 $7,829,480 $93,370
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