PLANITES CREDIT UNION (EIN 366057472) - 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

DANNY VALKANOS

Phone

3126536371

Tax Period

2025-01-01 to 2025-12-31

PLANITES CREDIT UNION, founded in 1955, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2025. Expenses of $2.0M left a modest 9% surplus.

Mission

THE CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE A SAFE, CONVENIENT PLACE TO SAVE AND BORROW AT REASONABLE RATES OF INTEREST. THE CREDIT UNION EXISTS TO BENEFIT MEMBERS, NOT TO MAKE A PROFIT.

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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 $1,433,807

Investment Income $775,235

Other Revenue $0

TOTAL REVENUE $2,209,042

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,019,029

Other Expenses $2,019,029

TOTAL EXPENSES $2,019,029

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,209,042	$2,053,005	+0.1%
Expenses	$2,019,029	$1,960,755	+0.0%
Net Income	$190,013	$92,250	+1.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES BURDA	CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
THOMAS LUBBEN	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
SUSAN GAJDA	SECRETARY	1.00	Officer Director	$0	$0	$0
GABRIELLE RUIZ	TREASURER	1.00	Officer Director	$0	$0	$0
JOE DANAHY	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS LODICO	DIRECTOR	1.00	Director	$0	$0	$0
JEN CERNAK	DIRECTOR	1.00	Director	$0	$0	$0
JOHN KOSKY	DIRECTOR	1.00	Director	$0	$0	$0
DAN GIERKE	DIRECTOR	1.00	Director	$0	$0	$0
WIL MATTHEWS	DIRECTOR	1.00	Director	$0	$0	$0
KAREN NUNN	DIRECTOR	1.00	Director	$0	$0	$0
KRISTINE BARCHARD	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT MAJERUS	DIRECTOR	1.00	Director	$0	$0	$0
DANNY VALKANOS	PRESIDENT	40.00	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
2025	$2,209,042	$2,019,029	$37,970,781	$190,013
2024	$2,053,005	$1,960,755	$37,285,245	$92,250
2023	$1,821,773	$1,749,004	$37,372,838	$72,769
2022	$1,440,647	$1,360,700	$36,545,836	$79,947
2021	$1,485,511	$1,399,603	$38,342,122	$85,908
2020	$1,487,267	$1,419,020	$39,811,852	$68,247
2019	$1,589,738	$1,450,005	$32,216,535	$139,733
2018	$1,457,375	$1,359,880	$31,611,294	$97,495

PLANITES CREDIT UNION