KANKAKEE, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)KANKAKEE FEDERATION OF TEACHERS CREDIT UNION, founded in 1956, is a small nonprofit that reported $499K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $482K left a modest 3% surplus.
AS A SMALL AND SUCCESSFUL CREDIT UNION COMMITTED TO TEACHERS HELPING TEACHERS, THE KANKAKEE FEDERATION OF TEACHERS CREDIT UNION HAS AS ITS MISSION TO PROVIDE SOUND, STABLE, AND SECURE FINANCIAL SERVICES TO ITS PRESENT AND FUTURE MEMBERS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $499,359 | $409,049 | +0.2% |
| Expenses | $482,498 | $376,475 | +0.3% |
| Net Income | $16,861 | $32,574 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARION JACKSON JR | CHAIR | 12.00 |
Officer
Director
|
$23,297 | $0 | $23,297 |
| PATRICIA GEEL | ASSISTANT TREASURER | 10.00 |
Officer
Director
|
$26,500 | $0 | $26,500 |
| RUTH HATCHER | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER CONN | PRESIDENT/TREASURER | 12.00 |
Officer
Director
|
$32,907 | $0 | $32,907 |
| OACHIA IRVIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DIANA LOPEZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW RUSEK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PENNY SYLVESTER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JASON WORDEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $499,359 | $482,498 | $10,492,276 | $16,861 |
| 2023 | $409,049 | $376,475 | $9,561,901 | $32,574 |
| 2022 | $329,519 | $314,587 | $9,355,728 | $14,932 |
| 2021 | $327,882 | $285,035 | $9,322,023 | $42,847 |
| 2020 | $280,806 | $268,644 | $9,191,504 | $12,162 |
| 2019 | $325,151 | $357,047 | $9,061,761 | $-31,896 |
| 2018 | $284,471 | $275,095 | $8,853,199 | $9,376 |
Compare KANKAKEE FEDERATION OF TEACHERS CREDIT UNION with other nonprofits in Illinois and across the country.