EAST CHICAGO FIREMAN'S CREDIT UNION (EIN 356028949) - 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

1938

Legal Domicile

Phone

2193976921

Tax Period

2023-01-01 to 2023-12-31

EAST CHICAGO FIREMAN'S CREDIT UNION, founded in 1938, is a micro nonprofit that reported $15K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $34K exceeded revenue, resulting in a 131% operating deficit.

Mission

SAVINGS AND LOANS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,555

Investment Income $11,066

Other Revenue $231

TOTAL REVENUE $14,852

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,948

Fundraising Expenses $0

Program Expenses $0

Other Expenses $24,424

TOTAL EXPENSES $34,372

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,852	$17,824	-0.2%
Expenses	$34,372	$24,386	+0.4%
Net Income	$-19,520	$-6,562	+2.0%

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

152

Independent Members

N/A

Employees

Volunteers

N/A

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

$6,500

Total Directors

Key Employees

$9,030

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOANNE DEYOUNG	MANAGER	5	Officer Key Emp	$6,500	$0	$6,500
CAROLINE DEYOUNG	ASSISTANT	5	Key Emp	$2,530	$0	$2,530
JESSE BECERRA	BOARD TREASURER	0	Officer	$0	$0	$0
EUGENE NOWACKI	BOARD PRESIDENT	0	Officer	$0	$0	$0
JOSEPH VILLEGAS	BOARD MEMBER	0	Officer	$0	$0	$0
OSCAR QUIROGA	BOARD SECRETARY	0	Officer	$0	$0	$0
JOANNE DEYOUNG	BOARD VICE PRESIDENT	0	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
2023	$14,852	$34,372	$774,948	$-19,520
2022	$17,824	$24,386	$1,028,342	$-6,562
2021	$23,743	$25,443	$1,065,803	$-1,700

EAST CHICAGO FIREMAN'S CREDIT UNION