TALERIS CREDIT UNION INC (EIN 340153040) - 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

1935

Legal Domicile

Principal Officer

ROBIN THOMAS

Phone

2167392300

Tax Period

2023-01-01 to 2023-12-31

TALERIS CREDIT UNION INC, founded in 1935, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2023. Net assets of $7.3M represent 28 months of operating reserves.

Mission

TO PROVIDE LENDING, SAVINGS AND OTHER FINANCIAL SERVICES TO ITS QUALIFYING 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 $2,401,909

Investment Income $447,379

Other Revenue $314,312

TOTAL REVENUE $3,163,600

Expense Breakdown

Grants Paid $275

Salaries & Benefits $1,407,597

Fundraising Expenses $0

Other Expenses $1,481,721

TOTAL EXPENSES $3,143,786

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,163,600	$2,944,690	+0.1%
Expenses	$3,143,786	$2,819,292	+0.1%
Net Income	$19,814	$125,398	-0.8%

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

$492,275

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBIN THOMAS	PRESIDENT &	40.00	Officer	$203,780	$53,198	$256,978
KRISTEN KILFOYLE	VP LENDING/B	40.00	Officer	$99,072	$34,081	$133,153
RICK ZIMMERMAN	DIRECTOR OF	40.00	Officer	$78,221	$23,923	$102,144
MARY BRUMBAUGH	TREASURER	3.00	Director	$0	$0	$0
BEN CARNAHAN	BOARD VICE C	3.00	Director	$0	$0	$0
JEFF CLAWSON	SECRETARY	3.00	Director	$0	$0	$0
MICHAEL GILDENMEISTER	DIRECTOR	3.00	Director	$0	$0	$0
MICHAEL HOLDEN	DIRECTOR	3.00	Director	$0	$0	$0
HARRY KATZENMEYER	DIRECTOR	3.00	Director	$0	$0	$0
DON SALSBURY	BOARD CHAIR	3.00	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
2024	No data	No data	No data	No data
2023	$3,163,600	$3,143,786	$68,952,077	$19,814
2022	$2,944,690	$2,819,292	$72,461,509	$125,398
2021	$2,735,176	$2,842,317	$76,150,785	$-107,141
2020	$2,697,754	$3,150,355	$67,933,857	$-452,601
2019	$3,208,798	$3,419,007	$62,704,097	$-210,209
2018	$3,314,576	$4,581,103	$70,484,954	$-1,266,527

TALERIS CREDIT UNION INC