Indiana Credit Union League Inc

EIN: 350408785

Indianapolis, IN

Total Revenue
$3,124,736
Total Expenses
$3,220,121
Total Assets
$11,299,253
Net Assets
$10,005,478
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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
IN
Phone
3175945300
Tax Period
2023-01-01 to 2023-12-31

Indiana Credit Union League Inc, founded in 1935, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $10.0M represent 38 months of operating reserves.

Mission

To Provide Services to Member Credit Unions.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,997,278
Program Service Revenue $789,888
Investment Income $337,570
Other Revenue $0
TOTAL REVENUE $3,124,736

Expense Breakdown

Grants Paid $5,361
Salaries & Benefits $2,082,632
Fundraising Expenses $0
Program Expenses $0
Other Expenses $1,132,128
TOTAL EXPENSES $3,220,121

Year-over-Year Comparison

2023 2022 Change
Revenue $3,124,736 $2,838,757 +0.1%
Expenses $3,220,121 $3,183,183 +0.0%
Net Income $-95,385 $-344,426 -0.7%
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
9
Independent Members
9
Employees
12
Volunteers
102

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
7
$1,186,099
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A BOARD SECRETARY (BEG 10/27/23) 1.0
Officer Director
$0 $0 $0
N/A BOARD TREASURER (BEG 10/27/23) 1.0
Officer Director
$0 $0 $0
N/A VICE CHAIRMAN (BEG 10/27/23) 1.0
Officer Director
$0 $0 $0
N/A CHAIRMAN (BEG 10/27/23) 1.0
Officer Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A EVP LEAGUE SERVICES & ADVOCACY 50.0
Officer
$227,267 $36,846 $264,113
N/A PRESIDENT/CEO 50.0
Officer
$643,650 $38,384 $682,034
N/A SVP/CFO 25.0
Officer
$0 $27,550 $239,952
N/A VP LEAGUE & REG. ANALYSIS 50.0
Highest
$157,419 $22,799 $180,218
N/A VP-COMMUNICATIONS 50.0
Highest
$115,394 $9,847 $125,241
N/A Sr Consultant 40.0
Highest
$106,259 $8,650 $114,909
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 $3,124,736 $3,220,121 $11,299,253 $-95,385
2022 $2,838,757 $3,183,183 $10,589,237 $-344,426
2021 $3,384,464 $2,965,959 $12,146,566 $418,505
2020 $2,549,983 $2,841,146 $12,101,052 $-291,163
2019 $3,713,047 $3,118,739 $11,210,725 $594,308
2018 $2,474,960 $2,998,505 $11,605,679 $-523,545
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