DEPARTMENT OF FINANCIAL INSTITUTION DIV HOOSIER HILLS CREDIT UNION (EIN 351083471) - 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

1933

Legal Domicile

Principal Officer

COLE WATSON

Phone

8122796644

Tax Period

2024-01-01 to 2024-12-31

DEPARTMENT OF FINANCIAL INSTITUTION DIV HOOSIER HILLS CREDIT UNION, founded in 1933, is a mid-sized nonprofit that reported $55.4M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $51.4M left a modest 7% surplus.

Mission

TO PROVIDE SAVINGS AND LOAN PRODUCTS TO MEMBERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $41,235,935

Investment Income $4,769,673

Other Revenue $9,408,786

TOTAL REVENUE $55,414,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,658,327

Fundraising Expenses $0

Other Expenses $32,749,556

TOTAL EXPENSES $51,407,883

Year-over-Year Comparison

	2024	2023	Change
Revenue	$55,414,394	$49,040,925	+0.1%
Expenses	$51,407,883	$44,421,496	+0.2%
Net Income	$4,006,511	$4,619,429	-0.1%

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

Governance

Voting Members

Independent Members

Employees

181

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

$1,579,692

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAY BROWN	BOARD CHAIRMAN	2.00	Officer Director	$0	$0	$0
BRIAN JOHNSON	BOARD VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
JENNIE EDWARDS	BOARD TREASURER	2.00	Officer Director	$0	$0	$0
SALLY GOGEL FISHER	BOARD SECRETARY	2.00	Officer Director	$0	$0	$0
R ALAN CUMMINGS	BOARD DIRECTOR	2.00	Director	$0	$0	$0
CHAD HELMING	BOARD DIRECTOR	2.00	Director	$0	$0	$0
KEITH WILKINSON	BOARD DIRECTOR	2.00	Director	$0	$0	$0
TRAVIS MARKLEY	PRESIDENT/CEO	45.00	Officer	$591,636	$82,926	$674,562
JOE WARD	CHIEF FINANCIAL OFFICER	45.00	Officer	$268,416	$48,543	$316,959
CHARLES KING	EVP CHIEF ADMIN. OFFICER	45.00	Officer	$255,575	$51,132	$306,707
RUSSELL WILKIE	EVP & CHIEF EXP. OFFICER	45.00	Officer	$234,199	$47,265	$281,464
JAMES ALDRIDGE	SVP, TECH. & INNOVATION	45.00	Highest	$214,205	$23,122	$237,327
KATHERINE BEAUCHAMP	SVP, HR & TALENT MGMT	45.00	Highest	$176,375	$35,571	$211,946
STEVEN HAWKINS	SVP, COMMERCIAL SERVICES	45.00	Highest	$220,216	$42,886	$263,102
SARAH SHIELDS	SVP, RISK MANAGEMENT	45.00	Highest	$199,240	$38,016	$237,256
COLEMAN WATSON	SVP, CONTROLLER	45.00	Highest	$168,997	$40,516	$209,513

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	$55,414,394	$51,407,883	$895,281,936	$4,006,511
2023	$49,040,925	$44,421,496	$907,183,968	$4,619,429
2022	$38,853,089	$33,200,619	$884,527,149	$5,652,470
2021	$33,438,671	$28,433,652	$808,986,869	$5,005,019
2020	$32,239,626	$28,177,648	$709,599,931	$4,061,978
2019	$31,275,825	$27,010,551	$609,328,905	$4,265,274
2018	$28,140,830	$24,056,470	$554,200,810	$4,084,360

DEPARTMENT OF FINANCIAL INSTITUTION DIV HOOSIER HILLS CREDIT UNION