DETROIT, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ELECTRICAL WORKERS LOCAL 58 CREDIT UNION, founded in 1955, is a small nonprofit that reported $966K in total revenue in fiscal year 2025. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $197K, a strong 20% operating margin.
PROVIDE FINANCIAL SERVICES AND PRODUCTS TO MEMBERS.
THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING SAVINGS, CHECKING, CERTIFICATES AND OTHER. THE TOTAL NUMBER OF MEMBERS AT 12/31/2025 WAS 1,874.
THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS INCLUDING CREDIT CARD, VEHICLE AND OTHER. THE TOTAL NUMBER OF LOANS OUTSTANDING AT 12/31/2025 WAS 541.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $965,680 | $806,189 | +0.2% |
| Expenses | $768,635 | $655,169 | +0.2% |
| Net Income | $197,045 | $151,020 | +0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JESSICA FOX | CEO | 40.00 |
Officer
|
$142,452 | $46,462 | $188,914 |
| WARREN COKLOW | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| RIC PREUSS | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| JEANNE NYE | Treasurer | 1.00 |
Director
|
$0 | $0 | $0 |
| MARCY MOULIOS | Secretary | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD LOCKMAN | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL COACH | Chairman | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH SCOTT | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $965,680 | $768,635 | $21,052,670 | $197,045 |
| 2024 | $806,189 | $655,169 | $20,582,920 | $151,020 |
| 2023 | $594,495 | $485,614 | $19,797,590 | $108,881 |
| 2022 | $471,202 | $447,338 | $19,588,980 | $23,864 |
| 2021 | $467,567 | $409,932 | $19,841,127 | $57,635 |
| 2020 | $526,430 | $428,223 | $17,817,125 | $98,207 |
| 2019 | $526,540 | $411,023 | $14,912,481 | $115,517 |
| 2018 | $485,051 | $394,584 | $14,709,208 | $90,467 |
Compare ELECTRICAL WORKERS LOCAL 58 CREDIT UNION with other nonprofits in Michigan and across the country.