LEYDEN CREDIT UNION (EIN 362443815) - 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

1955

Legal Domicile

Principal Officer

MARY ANN E PUSATERI

Phone

8476973281

Tax Period

2021-01-01 to 2021-12-31

LEYDEN CREDIT UNION, founded in 1955, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2018. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $561K, a strong 21% operating margin.

Mission

WORKING TO IMPROVE OUR MEMBERS FINANCIAL WELL BEING BY PROVIDING LOANS, SAVINGS ACCOUNTS AND OTHER FINANCIAL INSTITUTION SERVICES IN A FRIENDLY AND PROFESSIONAL MANNER.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $539,064

Investment Income $257,683

Other Revenue $134,571

TOTAL REVENUE $931,318

Expense Breakdown

Grants Paid $0

Salaries & Benefits $402,920

Fundraising Expenses $0

Other Expenses $458,245

TOTAL EXPENSES $861,165

Year-over-Year Comparison

	2021	2020	Change
Revenue	$931,318	$2,212,422	-0.6%
Expenses	$861,165	$2,138,821	-0.6%
Net Income	$70,153	$73,601	0.0%

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

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

$63,431

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID LUKAS	PRESIDENT/CEO	40.00	Officer	$53,365	$10,066	$63,431
ROBERT HJELMGREN	CHAIRMAN	0.50	Officer	$0	$0	$0
GLORIA MURAWASKA	BOARD MEMBER	0.50	Director	$0	$0	$0
GEORGE DUFFEY	BOARD MEMBER	0.50	Director	$0	$0	$0
ANN MARIE SCURTO	BOARD MEMBER	0.50	Director	$0	$0	$0
DAVE OLSON	BOARD MEMBER	0.50	Director	$0	$0	$0
VALERIE IGNOFFO	BOARD MEMBER	0.50	Director	$0	$0	$0
JOSEPH THOMAS JR	BOARD MEMBER	0.50	Director	$0	$0	$0
EUGENE MC CORMACK	BOARD MEMBER	0.50	Director	$0	$0	$0
CAROLE KONETZKI	SECRETARY	0.50	Officer	$0	$0	$0
MARLENE RICCHIO	BOARD MEMBER	0.50	Director	$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
2021	$931,318	$861,165	No data	$70,153
2020	$2,212,422	$2,138,821	$97,555,124	$73,601
2019	$2,753,958	$2,182,045	$85,735,028	$571,913
2018	$2,713,796	$2,153,106	$85,178,777	$560,690

LEYDEN CREDIT UNION