OMNI COMMUNITY CREDIT UNION (EIN 381401260) - 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

1966

Legal Domicile

Principal Officer

MARK CRAMER

Phone

2694411400

Tax Period

2023-01-01 to 2023-12-31

OMNI COMMUNITY CREDIT UNION, founded in 1966, is a mid-sized nonprofit that reported $37.1M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $7.2M, a strong 20% operating margin.

Mission

TO ENCOURAGE THRIFT AMONG ITS MEMBERS, PROVIDE A VARIETY OF FINANCIAL SERVICES TO ITS MEMBERS, AND PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,500,000

Program Service Revenue $30,799,362

Investment Income $4,565,225

Other Revenue $253,550

TOTAL REVENUE $37,118,137

Expense Breakdown

Grants Paid $49,880

Salaries & Benefits $11,290,513

Fundraising Expenses $0

Other Expenses $18,531,539

TOTAL EXPENSES $29,871,932

Year-over-Year Comparison

	2023	2022	Change
Revenue	$37,118,137	$31,956,998	+0.2%
Expenses	$29,871,932	$24,768,408	+0.2%
Net Income	$7,246,205	$7,188,590	+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

195

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

$1,717,118

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROGER DAVIS	CHAIRPERSON	2.00	Director	$0	$0	$0
ROBERT LAMBERT	VICE CHAIRPERSON	2.00	Director	$0	$0	$0
RICHARD TOBIAS	DIRECTOR	2.00	Director	$0	$0	$0
ROBIN WHITLOCK	DIRECTOR	2.00	Director	$0	$0	$0
MIKE WOOD	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM WOODWARD	SECRETARY/TREASURER	2.00	Director	$0	$0	$0
ANNA FRANCE	DIRECTOR	2.00	Director	$0	$0	$0
THEODORE K PARSONS JR	CEO - RETIRED NOV 2023	75.00	Officer	$1,056,583	$38,412	$1,094,995
MARK CRAMER	CFO, CEO EFF. NOV 2023	55.00	Officer	$288,504	$79,555	$368,059
DEBI SOUTHWORTH	CFO	55.00	Officer	$214,883	$39,181	$254,064
CHRIS OVERBEEK	CMO	55.00	Highest	$185,795	$57,812	$243,607
SCOTT JOHNSTON	CTO	55.00	Highest	$253,879	$27,362	$281,241
PATRICE NEFF	CHRO	55.00	Highest	$181,725	$34,621	$216,346
DOMINIC TOCCI	SOFTWARE ENGINEER	40.00	Highest	$173,680	$13,400	$187,080
JOEL PYRAD	ENTERPRISE ARCHITEC	40.00	Highest	$141,486	$30,718	$172,204

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
2024	No data	No data	No data	No data
2023	$37,118,137	$29,871,932	$586,743,175	$7,246,205
2022	$31,956,998	$24,768,408	$598,685,081	$7,188,590
2021	$32,361,303	$24,767,477	$607,076,427	$7,593,826
2020	$31,910,142	$27,406,198	$534,820,638	$4,503,944
2019	$28,665,231	$24,647,360	$423,253,328	$4,017,871
2018	$26,910,193	$23,005,257	$405,073,362	$3,904,936

OMNI COMMUNITY CREDIT UNION