LAUHOFF EMPLOYEES CREDIT UNION (EIN 376041409) - 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

1948

Legal Domicile

Principal Officer

STEVE FORD

Phone

2174429005

Tax Period

2019-01-01 to 2019-12-31

LAUHOFF EMPLOYEES CREDIT UNION, founded in 1948, is a small nonprofit that reported $233K in total revenue in fiscal year 2019. Revenue decreased 17% compared to the prior year. Expenses of $397K exceeded revenue, resulting in a 70% operating deficit.

Mission

LAUHOFF CREDIT UNION PROVIDES MEMBERS WITH LOW INTEREST LOANS WITH A GOOD RATE OF RETURN ON SAVINGS. EFFECTIVE AT THE CLOSE OF BUSINESS ON 10/31/2019 THE CREDIT UNION MERGED WITH LANDMARK CREDIT UNION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $174,002

Investment Income $32,575

Other Revenue $26,212

TOTAL REVENUE $232,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $188,709

Fundraising Expenses $0

Other Expenses $207,910

TOTAL EXPENSES $396,619

Year-over-Year Comparison

	2019	2018	Change
Revenue	$232,789	$281,711	-0.2%
Expenses	$396,619	$313,196	+0.3%
Net Income	$-163,830	$-31,485	+4.2%

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

$132,453

Total Directors

$132,453

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REX RICHARDS	CHAIRPERSON	1.00	Director	$0	$0	$0
ROBERT MARK	VICE-CHAIRPERSON	1.00	Director	$0	$0	$0
NANCY STRUBINGER	SECRETARY	1.00	Director	$0	$0	$0
DAVID BARNES	DIRECTOR	1.00	Director	$0	$0	$0
JEFF HAUN	DIRECTOR	1.00	Director	$0	$0	$0
MARK WARD	DIRECTOR	1.00	Director	$0	$0	$0
SHERRY TYSER	DIRECTOR	1.00	Director	$0	$0	$0
DENISE WARD	PRESIDENT/TREASURER	40.00	Officer Director	$132,453	$0	$132,453

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
2019	$232,789	$396,619	No data	$-163,830
2018	$281,711	$313,196	$4,836,605	$-31,485

LAUHOFF EMPLOYEES CREDIT UNION