CREDIT UNIONS CHARTERED IN THE 115 LINCOLN PARK COMMUNITY CREDIT UNION (EIN 381710394) - 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

1936

Legal Domicile

Principal Officer

CRYSTAL HENNIG

Phone

3133892300

Tax Period

2024-01-01 to 2024-12-31

CREDIT UNIONS CHARTERED IN THE 115 LINCOLN PARK COMMUNITY CREDIT UNION, founded in 1936, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2024. The organization ran a surplus of $533K, a strong 21% operating margin.

Mission

TO PROMOTE SAVINGS AMONG OUR MEMBERS, PROVIDE CREDIT FOR PRODUCTIVE PURPOSES AND DELIVER SECURE TECHNOLOGICALLY ADVANCED SERVICES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $918,071

Investment Income $1,570,320

Other Revenue $0

TOTAL REVENUE $2,488,391

Expense Breakdown

Grants Paid $0

Salaries & Benefits $537,261

Fundraising Expenses $0

Other Expenses $1,418,148

TOTAL EXPENSES $1,955,409

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,488,391	$2,305,109	+0.1%
Expenses	$1,955,409	$1,700,109	+0.2%
Net Income	$532,982	$605,000	-0.1%

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

$119,902

Total Directors

$119,902

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRYSTAL HENNIG	CEO	40.00	Officer Director	$109,263	$10,639	$119,902
MATTHEW KAMINSKI	Director	1.00	Director	$0	$0	$0
PATRICIA LULKO	Director	1.00	Director	$0	$0	$0
THOMAS KARNES	Chairman	1.00	Director	$0	$0	$0
ROBERT STEELE	Director	1.00	Director	$0	$0	$0
SCOTT LAVIS	Director	1.00	Director	$0	$0	$0
DENNIS ANDERSON	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
2024	$2,488,391	$1,955,409	$63,492,002	$532,982
2023	$2,305,109	$1,700,109	$63,630,384	$605,000
2022	$2,035,321	$1,580,113	$65,158,400	$455,208
2021	$1,731,708	$1,625,683	$70,449,889	$106,025
2020	$1,792,571	$1,728,472	$67,224,435	$64,099
2019	$1,828,134	$1,729,215	$54,191,785	$98,919
2018	$1,887,371	$1,724,424	$52,662,632	$162,947

CREDIT UNIONS CHARTERED IN THE 115 LINCOLN PARK COMMUNITY CREDIT UNION