CO-OP TOLEDO CREDIT UNION INC

EIN: 344428192

Maumee, OH

Total Revenue
$398,887
Total Expenses
$382,906
Total Assets
N/A
Net Assets
N/A
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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
1967
Legal Domicile
OH
Phone
4198653600
Tax Period
2018-01-01 to 2018-12-31

CO-OP TOLEDO CREDIT UNION INC, founded in 1967, is a small nonprofit that reported $399K in total revenue in fiscal year 2018. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $383K left a modest 4% surplus.

Mission

Co-Op Toledo Credit Union, Inc. is a financial institution cooperative organized to provide loan and deposit products and services to the 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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $348,931
Investment Income $49,956
Other Revenue $0
TOTAL REVENUE $398,887

Expense Breakdown

Grants Paid $0
Salaries & Benefits $137,124
Fundraising Expenses $0
Program Expenses $343,060
Other Expenses $245,782
TOTAL EXPENSES $382,906

Year-over-Year Comparison

2018 2017 Change
Revenue $398,887 $652,607 -0.4%
Expenses $382,906 $849,863 -0.5%
Net Income $15,981 $-197,256 -1.1%
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
6
Employees
6
Volunteers
6

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
1
$55,510
Total Directors
7
$55,510
Key Employees
1
$55,510
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thomas Archambeau President of Board 1
Director
$0 $0 $0
Polly Laffartha Secretary of Board 1
Director
$0 $0 $0
Bob Lutman Director 1
Director
$0 $0 $0
Edwin Packer Director 1
Director
$0 $0 $0
Glenda Katz Director 1
Director
$0 $0 $0
Ruth Ashford Director 1
Director
$0 $0 $0
Jennifer Segura Treasurer of Board / Chief Executive Officer 40
Officer Director Key Emp Highest
$50,510 $5,000 $55,510
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
2018 $398,887 $382,906 No data $15,981
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