Auto-Owners Associates Credit Union (EIN 386053685) - 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

Legal Domicile

Principal Officer

BRANDON BIDDINGER

Phone

5173231370

Tax Period

2024-01-01 to 2024-12-31

Auto-Owners Associates Credit Union is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $802K, a strong 45% operating margin.

Mission

TO ENCOURAGE THRIFT AMONG ITS MEMBERS, PROVIDE A VARIETY OF FINANCIAL SERVICES TO ITS MEMBERS AND PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION.

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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 $652,737

Investment Income $1,126,847

Other Revenue $0

TOTAL REVENUE $1,779,584

Expense Breakdown

Grants Paid $0

Salaries & Benefits $236,270

Fundraising Expenses $0

Other Expenses $741,364

TOTAL EXPENSES $977,634

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,779,584	$1,433,030	+0.2%
Expenses	$977,634	$1,072,046	-0.1%
Net Income	$801,950	$360,984	+1.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY CHICK	Secretary	1.00	Director	$0	$0	$0
KARL RECKER	Director	1.00	Director	$0	$0	$0
DIANA RIDDLE	Director	1.00	Director	$0	$0	$0
DAVID LUEDERS	Chairman	1.00	Director	$0	$0	$0
TREVOR MAHONEY	Treasurer	1.00	Director	$0	$0	$0
MICHAELA BARNETT	Director	1.00	Director	$0	$0	$0
MITCHELL LEE	Treasurer	1.00	Director	$0	$0	$0
BRANDON BIDDINGER	CEO	40.00	Officer	$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	$1,779,584	$977,634	$41,765,855	$801,950
2023	$1,433,030	$1,072,046	$44,057,972	$360,984
2022	$1,042,987	$722,154	$45,463,210	$320,833
2021	$989,604	$743,594	$45,899,560	$246,010
2020	$1,047,711	$753,437	$40,775,682	$294,274
2019	$1,174,115	$779,891	$35,272,373	$394,224
2018	$1,113,210	$764,924	$33,945,870	$348,286

Auto-Owners Associates Credit Union