WES CREDIT UNION INC (EIN 340796042) - 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

1954

Legal Domicile

Principal Officer

Steve Simone

Phone

4409426981

Tax Period

2025-01-01 to 2025-12-31

WES CREDIT UNION INC, founded in 1954, is a small nonprofit that reported $591K in total revenue in fiscal year 2025. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $110K, a strong 19% operating margin.

Mission

WES Credit Union, Inc. is a financial institution cooperative organized to provide loan and deposit products and services for its member owners.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $255,367

Investment Income $335,304

Other Revenue $0

TOTAL REVENUE $590,671

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,554

Fundraising Expenses $0

Program Expenses $420,005

Other Expenses $302,331

TOTAL EXPENSES $480,885

Year-over-Year Comparison

	2025	2024	Change
Revenue	$590,671	$473,358	+0.2%
Expenses	$480,885	$412,565	+0.2%
Net Income	$109,786	$60,793	+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

Total Directors

Key Employees

$69,152

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve Simone	Chief Executive Officer	40	Key Emp Highest	$66,752	$2,400	$69,152
Michelle Augusta	President of the Board	1	Director	$0	$0	$0
Kathleen Rini	Vice President of the Board	1	Director	$0	$0	$0
Carol Staska	Treasurer of the Board	1	Director	$0	$0	$0
Rita Martin	Secretary of the Board	1	Director	$0	$0	$0
Janice Conley	Director	1	Director	$0	$0	$0
James Lovich	Director	1	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	$590,671	$480,885	$13,861,101	$109,786
2024	$473,358	$412,565	$14,046,755	$60,793
2023	$412,160	$403,193	$14,065,230	$8,967
2022	$352,520	$389,926	$15,663,133	$-37,406
2021	$342,063	$344,627	$15,447,692	$-2,564
2020	$411,664	$386,662	$14,097,192	$25,002
2019	$426,662	$370,388	$12,777,013	$56,274
2018	$403,456	$377,724	$12,332,238	$25,732

WES CREDIT UNION INC