Catholic Vantage Financial Credit Union

EIN: 381490360

LIVONIA, MI

Total Revenue
$6,157,393
Total Expenses
$5,636,887
Total Assets
$119,070,137
Net Assets
$10,048,589
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
MI
Phone
7344320212
Tax Period
2024-01-01 to 2024-12-31

Catholic Vantage Financial Credit Union, founded in 1953, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $5.6M left a modest 8% surplus.

Mission

Making life better by simplifying financial services through technology and exceptional service.

Program Service Accomplishments

Program 1

THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING SAVINGS, CHECKING, CERTIFICATES AND OTHER. THE TOTAL NUMBER OF MEMBERS AT 12/31/2024 WAS 6,974.

Program 2

THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS INCLUDING REAL ESTATE, CREDIT CARD, VEHICLE AND OTHER. THE TOTAL NUMBER OF LOANS OUTSTANDING AT 12/31/2024 WAS 3,265.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,000,054
Investment Income $1,157,339
Other Revenue $0
TOTAL REVENUE $6,157,393

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,352,183
Fundraising Expenses $0
Other Expenses $3,284,704
TOTAL EXPENSES $5,636,887

Year-over-Year Comparison

2024 2023 Change
Revenue $6,157,393 $5,688,225 +0.1%
Expenses $5,636,887 $4,925,491 +0.1%
Net Income $520,506 $762,734 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
4
Employees
37
Volunteers
4

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
$897,085
Total Directors
5
$256,032
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER BAGAZINSKI CEO 50.00
Officer Director
$226,103 $29,929 $256,032
MICHAEL SCURTO Vice President 45.00
Officer
$131,258 $22,556 $153,814
EMMA TELLER Vice President 50.00
Officer
$107,454 $26,656 $134,110
ROBERT MARCINIAK CFO 45.00
Officer
$120,607 $3,434 $124,041
JOANN PEURACH Vice President 50.00
Officer
$99,797 $22,070 $121,867
ERIC ROTHERT Vice President 45.00
Officer
$104,398 $2,823 $107,221
KEVIN PROST Chairman 5.00
Director
$0 $0 $0
DENISE VAN DER STER Director 1.50
Director
$0 $0 $0
CLEAMON MOORER JR Secretary 1.50
Director
$0 $0 $0
ROBERT STOCKER SR Director 1.50
Director
$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
2024 $6,157,393 $5,636,887 $119,070,137 $520,506
2023 $5,688,225 $4,925,491 $122,391,896 $762,734
2022 $4,797,257 $4,084,543 $131,415,701 $712,714
2021 $4,376,998 $4,079,914 $133,430,747 $297,084
2020 $4,804,314 $3,944,764 $119,674,967 $859,550
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Catholic Vantage Financial Credit Union with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.