MOTOR CITY CO-OP CREDIT UNION (EIN 381422002) - 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

STEVEN ANDREWS

Phone

5862288484

Tax Period

2019-01-01 to 2019-12-31

MOTOR CITY CO-OP CREDIT UNION, founded in 1948, is a community nonprofit that reported $6.7M in total revenue in fiscal year 2019. Revenue decreased 5% compared to the prior year. Expenses of $7.8M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROVIDE FINANCIAL SERVICES TO MEMBER OWNERS WITH A COMMON BOND.

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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 $5,887,364

Investment Income $835,435

Other Revenue $0

TOTAL REVENUE $6,722,799

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,024,824

Fundraising Expenses $0

Other Expenses $4,814,898

TOTAL EXPENSES $7,839,722

Year-over-Year Comparison

	2019	2018	Change
Revenue	$6,722,799	$7,113,323	-0.1%
Expenses	$7,839,722	$7,050,640	+0.1%
Net Income	$-1,116,923	$62,683	-18.8%

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

$315,386

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLY REGENER	CHAIRPERSON	2.00	Director	$0	$0	$0
ROBERT HOJNACKI	VICE CHAIRPERSON	2.00	Director	$0	$0	$0
JEFFREY MALACKO	SECRETARY	2.00	Director	$0	$0	$0
FRANCES MELLEN	TREASURER	2.00	Director	$0	$0	$0
MARK TUTTLE	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL RIDDOCK	DIRECTOR	2.00	Director	$0	$0	$0
SAMUEL BELZER	DIRECTOR	2.00	Director	$0	$0	$0
STEVEN ANDREWS	PRESIDENT/CEO	40.00	Officer	$192,477	$11,557	$204,034
KENNETH ZUKOWSKI	EVP/CFO	40.00	Officer	$98,353	$12,999	$111,352

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	$6,722,799	$7,839,722	$142,150,982	$-1,116,923
2018	$7,113,323	$7,050,640	$141,869,524	$62,683

MOTOR CITY CO-OP CREDIT UNION