SHERWIN WILLIAMS EMPLOYEES CREDIT UNION (EIN 361768818) - 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

1936

Legal Domicile

Principal Officer

PETER TZORTZAKIS

Phone

7083330900

Tax Period

2025-01-01 to 2025-12-31

SHERWIN WILLIAMS EMPLOYEES CREDIT UNION, founded in 1936, is a community nonprofit in the Public & Societal Benefit sector that reported $2.1M in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

ILLINOIS STATE CHARTERED CREDIT UNION OPERATED FOR THE THE MUTUAL BENEFIT OF ITS MEMBERS. THE CREDIT UNION MAKES LOANS TO MEMBERS AND PAYS DIVIDENDS TO MEMBERS WITH SHARE DEPOSITS AT A COMPETITIVE RATE OF INTEREST.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,383,135

Investment Income $704,867

Other Revenue $0

TOTAL REVENUE $2,088,002

Expense Breakdown

Grants Paid $0

Salaries & Benefits $584,934

Fundraising Expenses $0

Other Expenses $1,443,465

TOTAL EXPENSES $2,028,399

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,088,002	$1,862,289	+0.1%
Expenses	$2,028,399	$1,784,236	+0.1%
Net Income	$59,603	$78,053	-0.2%

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

$57,308

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY BROOMS	CHAIR	2.00	Officer Director	$0	$0	$0
DEREK DAVIS	TREASURER	2.00	Officer Director	$0	$0	$0
ANGIE HARRIS	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
CHARLENE LEWIS	SECRETARY	2.00	Director	$0	$0	$0
MICHAEL DEMMA	DIRECTOR	2.00	Director	$0	$0	$0
MERYLON NORFLEET	DIRECTOR	2.00	Director	$0	$0	$0
VIOLA CASSAROTTO	DIRECTOR	2.00	Director	$0	$0	$0
L JONES	DIRECTOR	2.00	Director	$0	$0	$0
BERNICE DOTSON	DIRECTOR	2.00	Director	$0	$0	$0
PETER TZORTZAKIS	PRESIDENT	40.00	Officer	$57,308	$0	$57,308

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	$2,088,002	$2,028,399	$40,666,552	$59,603
2024	$1,862,289	$1,784,236	$39,046,348	$78,053
2023	$1,328,549	$1,359,901	$31,177,317	$-31,352
2022	$1,310,628	$1,296,588	$34,516,663	$14,040
2021	$1,500,025	$1,302,105	$36,742,161	$197,920
2020	$1,417,260	$1,323,386	$33,654,535	$93,874
2019	$1,611,222	$1,357,050	$29,677,926	$254,172
2018	$1,488,096	$1,425,020	$30,302,900	$63,076

SHERWIN WILLIAMS EMPLOYEES CREDIT UNION