TAYLORVILLE COMMUNITY CREDIT UNION (EIN 370765209) - 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

1956

Legal Domicile

Principal Officer

WILLIAM PERKINS

Phone

2178249658

Tax Period

2024-01-01 to 2024-12-31

TAYLORVILLE COMMUNITY CREDIT UNION, founded in 1956, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $729K, a strong 16% operating margin.

Mission

TO ENCOURAGE THRIFT AMONG ITS MEMBERS, TO CREATE A SOURCE OF CREDIT AT A REASONABLE RATE OF INTEREST, AND TO PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO USE AND CONTROL THEIR OWN MONEY IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,323,136

Investment Income $168,692

Other Revenue $1,223

TOTAL REVENUE $4,493,051

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,575,166

Fundraising Expenses $0

Other Expenses $2,188,415

TOTAL EXPENSES $3,763,581

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,493,051	$3,984,242	+0.1%
Expenses	$3,763,581	$3,366,164	+0.1%
Net Income	$729,470	$618,078	+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

$698,372

Total Directors

$203,264

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VANCE FRALEY	BOARD CHAIR	1.00	Director	$0	$0	$0
KIMBERLY SPARKS	BOARD VICE CHAIR	1.00	Director	$0	$0	$0
S DOUG RUDDOCK	DIRECTOR	1.00	Director	$0	$0	$0
DUANE STOCK	DIRECTOR	1.00	Director	$0	$0	$0
JAMES HARRISON	DIRECTOR	1.00	Director	$0	$0	$0
W THOMAS BELLEGANTE	SECRETARY	1.00	Director	$0	$0	$0
JAMES DOWDY	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM H PERKINS	PRESIDENT/CEO/TREASURER	40.00	Officer Director	$188,269	$14,995	$203,264
CONSUELA FRANCE	VP OF LENDING/MARKETING	40.00	Officer	$84,714	$4,511	$89,225
PAUL SCHMITZ	DIRECTOR	1.00	Director	$0	$0	$0
GLENDA S FENTON	BRANCH MANAGER	40.00	Officer	$70,554	$4,940	$75,494
JOSHUA J MADDALENO	BRANCH MANAGER/COLLECTIONS OFFICER	40.00	Officer	$115,358	$5,862	$121,220
ANDREW RYBOLT	CHIEF FINANCIAL OFFICER	40.00	Officer	$73,414	$10,402	$83,816
ALBERT STUPEK	VP/BRANCH MANAGER	40.00	Officer	$113,074	$12,279	$125,353

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	No data	No data	No data	No data
2024	$4,493,051	$3,763,581	$84,384,837	$729,470
2023	$3,984,242	$3,366,164	$85,735,304	$618,078
2022	$3,813,489	$2,858,344	$82,627,272	$955,145
2021	$3,556,899	$2,783,992	$83,741,710	$772,907
2020	$3,299,654	$2,903,259	$75,791,171	$396,395
2019	$3,080,313	$2,751,511	$61,668,254	$328,802
2018	$2,669,616	$2,152,647	$55,876,342	$516,969

TAYLORVILLE COMMUNITY CREDIT UNION