The Catholic Credit Union (EIN 340879491) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1956

Legal Domicile

Principal Officer

George Leonard

Phone

4409332524

Tax Period

2024-01-01 to 2024-12-31

The Catholic Credit Union, founded in 1956, is a small nonprofit that reported $471K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $415K left a modest 12% surplus.

Mission

To provide quality financial services to 1283 members who share a common bond and to serve the financial health of the members.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $369,666

Investment Income $99,678

Other Revenue $1,407

TOTAL REVENUE $470,751

Expense Breakdown

Grants Paid $0

Salaries & Benefits $131,089

Fundraising Expenses $0

Program Expenses $304,757

Other Expenses $109,914

TOTAL EXPENSES $414,671

Year-over-Year Comparison

	2024	2023	Change
Revenue	$470,751	$424,498	+0.1%
Expenses	$414,671	$401,148	+0.0%
Net Income	$56,080	$23,350	+1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$49,883

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ellen Hill	Manager	30.00	Key Emp	$49,883	$0	$49,883
George Skuggen	Director	1.50	Director	$0	$0	$0
James Barilla	Director	1.50	Director	$0	$0	$0
Alan Szarek	Director	1.50	Director	$0	$0	$0
George Leonard	President	2.00	Officer	$0	$0	$0
Mike Morway	Treasurer	3.00	Officer	$0	$0	$0
John Rumancik	Secretary	1.50	Officer	$0	$0	$0
Mike Albenese	Vice President	2.00	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
2025	No data	No data	No data	No data
2024	$470,751	$414,671	$10,892,176	$56,080
2023	$424,498	$401,148	$11,280,326	$23,350
2022	$365,326	$331,353	$13,147,109	$33,973
2021	$321,702	$279,231	$13,260,101	$42,471
2021	$321,702	$296,560	$13,242,772	$25,142
2020	$365,863	$340,971	$11,679,129	$24,892
2019	$392,247	$355,140	$9,460,092	$37,107
2018	$380,956	$320,915	$10,245,793	$60,041

The Catholic Credit Union