Upper Michigan Community Credit Union (EIN 381611851) - 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

1954

Legal Domicile

Phone

9063873839

Tax Period

2018-01-01 to 2018-12-31

Upper Michigan Community Credit Union, founded in 1954, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2018. The organization ran a surplus of $331K, a strong 19% operating margin.

Mission

To provide high quality financial services to the members, educate members about these services, and promote the credit union philosophy of "People Helping People".

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,353,790

Investment Income $159,325

Other Revenue $224,347

TOTAL REVENUE $1,737,462

Expense Breakdown

Grants Paid $0

Salaries & Benefits $546,289

Fundraising Expenses $0

Other Expenses $860,293

TOTAL EXPENSES $1,406,582

Year-over-Year Comparison

	2018	2017	Change
Revenue	$1,737,462	$1,610,835	+0.1%
Expenses	$1,406,582	$1,356,025	+0.0%
Net Income	$330,880	$254,810	+0.3%

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

$81,170

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Deane Pokela	Chairperson	1.00	Director	$0	$0	$0
Richard Chaltry	Vice Chair	0.00	Director	$0	$0	$0
Michael Mikulich	Treasurer	1.00	Director	$0	$0	$0
Kathy Salow	Secretary	1.00	Director	$0	$0	$0
James Seaberg	Director	1.00	Director	$0	$0	$0
Barbara Hase	Vice Chair	1.00	Director	$0	$0	$0
James Gariepy	Director	0.00	Director	$0	$0	$0
Cynthia Essenburg	Director	1.00	Director	$0	$0	$0
Robert Young	Director	1.00	Director	$0	$0	$0
Terri Willits	Director	0.00	Director	$0	$0	$0
Richard Gatiss	CEO	40.00	Officer	$75,320	$5,850	$81,170

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
2018	$1,737,462	$1,406,582	$37,153,941	$330,880

Upper Michigan Community Credit Union