PARIS HI-WAY CREDIT UNION

EIN: 376032003

PARIS, IL

Total Revenue
$453,578
Total Expenses
$416,668
Total Assets
$10,796,604
Net Assets
$1,668,762
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
IL
Principal Officer
JILL COOMBES
Phone
2174631772
Tax Period
2025-01-01 to 2025-12-31

PARIS HI-WAY CREDIT UNION, founded in 1955, is a small nonprofit that reported $339K in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $57K, a strong 17% operating margin.

Mission

THE PARIS HI-WAY CREDIT UNION IS A NOT-FOR-PROFIT MEMBER OWNED FINANCIAL ORGANIZATION. WE ARE DEDICATED TO PROVIDING CONVENIENT FINANCIAL SERVICES TO OUR MEMBERS THAT WILL ASSURE RATES AND TERMS THAT ARE COMPETITIVE WITH OTHER FINANCIAL INSTITUTIONS, WHILE MAINTAINING FINANCIAL STABILITY.TO ASSIST OUR MEMBERS IN THE MANAGEMENT OF THEIR 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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $291,093
Investment Income $162,485
Other Revenue $0
TOTAL REVENUE $453,578

Expense Breakdown

Grants Paid $0
Salaries & Benefits $101,958
Fundraising Expenses $0
Other Expenses $314,710
TOTAL EXPENSES $416,668

Year-over-Year Comparison

2025 2024 Change
Revenue $453,578 $416,742 +0.1%
Expenses $416,668 $388,079 +0.1%
Net Income $36,910 $28,663 +0.3%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
3
Volunteers
N/A

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
6
$92,095
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILL COOMBES President 37.50
Officer
$80,221 $0 $80,221
BRENDA BIGGS Vice President 37.50
Officer
$11,874 $0 $11,874
BRIAN HOGAN BOARD MEMBER 0.25
Director
$0 $0 $0
EURNIE GARVER BOARD MEMBER 0.25
Director
$0 $0 $0
MICHELLE LUNGER BOARD MEMBER 0.25
Director
$0 $0 $0
AMY WOODARD Treasurer 0.25
Director
$0 $0 $0
DOUGLAS CARY BOARD MEMBER 0.25
Director
$0 $0 $0
MICHAEL YOUNG BOARD MEMBER 0.25
Director
$0 $0 $0
KENSIL GARNETT Chairman 0.25
Officer
$0 $0 $0
JUSTIN CEARLOCK Vice Chairman 0.25
Officer
$0 $0 $0
KEVIN KNOEPFEL Secretary 0.25
Officer
$0 $0 $0
ROBERT HODGSON BOARD MEMBER 0.25
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 $453,578 $416,668 $10,796,604 $36,910
2024 $416,742 $388,079 $10,521,352 $28,663
2023 $355,523 $323,499 $10,375,148 $32,024
2022 $329,814 $246,516 $11,412,867 $83,298
2021 $350,661 $272,574 $11,496,813 $78,087
2020 $351,585 $303,117 $10,035,036 $48,468
2019 $360,500 $315,854 $9,206,524 $44,646
2018 $338,653 $281,358 $8,824,155 $57,295
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