Calcite Credit Union (EIN 381710121) - 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

1961

Legal Domicile

Phone

9897344130

Tax Period

2022-01-01 to 2022-12-31

Calcite Credit Union, founded in 1961, is a community nonprofit that reported $5.0M in total revenue in fiscal year 2022. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.2M, a strong 24% operating margin.

Mission

Provide financial services and products to members.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,059,783

Investment Income $958,869

Other Revenue $0

TOTAL REVENUE $5,018,652

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,482,268

Fundraising Expenses $0

Other Expenses $2,320,483

TOTAL EXPENSES $3,802,751

Year-over-Year Comparison

	2022	2021	Change
Revenue	$5,018,652	$4,259,260	+0.2%
Expenses	$3,802,751	$3,367,855	+0.1%
Net Income	$1,215,901	$891,405	+0.4%

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

$634,733

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Barbara Mills	CEO	40.00	Officer	$446,088	$40,286	$486,374
Gary Altman	COO	40.00	Officer	$109,687	$38,672	$148,359
Anne M Wirgau	Vice President	1.00	Director	$0	$0	$0
Joseph Hefele	Treasurer	1.00	Director	$0	$0	$0
Melissa Goodrich	Director	1.00	Director	$0	$0	$0
Mark Karsten	Secretary	1.00	Director	$0	$0	$0
Dennis Lyk	Director	1.00	Director	$0	$0	$0
Scott McLennan	Chairperson	1.00	Director	$0	$0	$0
Gloria Adrian	Director	1.00	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
2022	$5,018,652	$3,802,751	$126,826,466	$1,215,901
2021	$4,259,260	$3,367,855	$120,869,904	$891,405
2020	$3,941,903	$3,092,103	$99,822,942	$849,800
2019	$3,914,279	$2,945,378	$82,151,047	$968,901
2018	$3,649,035	$2,768,819	$77,266,557	$880,216

Calcite Credit Union