382 AKRON MUNICIPAL EMPLOYEES CREDIT UNION (EIN 340922936) - 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

1940

Legal Domicile

Principal Officer

Rose Bartlolmucci

Phone

3303752020

Tax Period

2020-01-01 to 2020-12-31

382 AKRON MUNICIPAL EMPLOYEES CREDIT UNION, founded in 1940, is a small nonprofit that reported $189K in total revenue in fiscal year 2020. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $284K exceeded revenue, resulting in a 50% operating deficit.

Mission

Akron Municipal Employees 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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $137,881

Investment Income $45,732

Other Revenue $5,063

TOTAL REVENUE $188,676

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,785

Fundraising Expenses $0

Program Expenses $0

Other Expenses $168,313

TOTAL EXPENSES $283,686

Year-over-Year Comparison

	2020	2019	Change
Revenue	$188,676	$294,151	-0.4%
Expenses	$283,686	$302,950	-0.1%
Net Income	$-95,010	$-8,799	+9.8%

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

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Anthony White	President of Board	Director	$0	$0	$0
Chuck Heimbaugh	Vice President of Board	Director	$0	$0	$0
Chris Partis	Secretary of Board	Director	$0	$0	$0
Michael Wheeler	Treasurer of Board	Director	$0	$0	$0
Roy Ferguson	Director	Director	$0	$0	$0
Michael Williams	Director	Director	$0	$0	$0
Redgi Price	Director	Director	$0	$0	$0
Theresa Kline	Director	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
2020	$188,676	$283,686	$6,409,184	$-95,010
2019	$294,151	$302,950	$6,445,707	$-8,799
2018	$284,340	$263,392	$6,161,703	$20,948

382 AKRON MUNICIPAL EMPLOYEES CREDIT UNION