PREFERRED CREDIT UNION

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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

1968

Legal Domicile

Principal Officer

JOHN YEOMANS

Phone

6169429630

Tax Period

2025-01-01 to 2025-12-31

PREFERRED CREDIT UNION, founded in 1968, is a mid-sized nonprofit that reported $20.1M in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.4M, a strong 17% operating margin.

Mission

PROVIDE FINANCIAL SERVICES AND PRODUCTS TO MEMBERS.

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 12/31/2025 WAS 23,514.

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 12/31/2025 WAS 19,478.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $15,794,132

Investment Income $4,342,267

Other Revenue $0

TOTAL REVENUE $20,136,399

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,360,044

Fundraising Expenses $0

Other Expenses $10,369,427

TOTAL EXPENSES $16,729,471

Year-over-Year Comparison

	2025	2024	Change
Revenue	$20,136,399	$18,475,658	+0.1%
Expenses	$16,729,471	$15,678,436	+0.1%
Net Income	$3,406,928	$2,797,222	+0.2%

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

$1,198,920

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN YEOMANS	CEO	40.00	Officer	$331,266	$29,150	$360,416
BEV VANDER WELL	CFO	40.00	Officer	$180,941	$17,885	$198,826
BRYAN KAYLOR	COO	40.00	Officer	$161,280	$26,393	$187,673
CHRISTINE PRATT	Vice President	40.00	Officer	$143,013	$25,590	$168,603
DOROTHY LINTON	Vice President	40.00	Officer	$137,019	$17,516	$154,535
RHONDA HARRINGTON	Vice President	40.00	Officer	$110,016	$18,851	$128,867
RUSSELL HERMAN	Chairman	0.00	Director	$0	$0	$0
YVONNE ALLES	Director	0.00	Director	$0	$0	$0
GAYLEN DEMAREST	Treasurer	0.00	Director	$0	$0	$0
FREDERICK BARTLING	Secretary	0.00	Director	$0	$0	$0
THOMAS POWERS	Director	0.00	Director	$0	$0	$0
VICKI BROWN	Director	0.00	Director	$0	$0	$0
FRED GRADISHER	Director	0.00	Director	$0	$0	$0
MEREDITH ANDERSON	Director	1.00	Director	$0	$0	$0
KEEGAN DANIEL	Director	1.00	Director	$0	$0	$0
PETER HERMAN	Director	1.00	Director	$0	$0	$0
CYNTHIA MC COMBS	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
2025	$20,136,399	$16,729,471	$307,825,900	$3,406,928
2024	$18,475,658	$15,678,436	$289,414,543	$2,797,222
2023	$15,755,243	$12,971,096	$268,549,688	$2,784,147
2022	$13,405,718	$10,625,196	$259,754,679	$2,780,522
2021	$12,104,204	$9,832,169	$256,758,284	$2,272,035
2020	$11,490,837	$10,278,993	$221,706,455	$1,211,844
2019	$11,868,278	$9,595,139	$179,278,471	$2,273,139
2018	$11,044,848	$9,018,605	$169,072,057	$2,026,243