PEOPLES CHOICE CREDIT UNION (EIN 390958562) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1940

Legal Domicile

Principal Officer

MATHEW SCHEWE

Phone

9524650976

Tax Period

2021-01-01 to 2021-08-31

PEOPLES CHOICE CREDIT UNION, founded in 1940, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2021. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $1.6M exceeded revenue, resulting in a 35% operating deficit.

Mission

THE MISSION OF PEOPLES CHOICE CREDIT UNION IS TO SERVE THE NEEDS OF OUR MEMBERS BY OFFERING FINANCIAL SERVICES AT COMPETITIVE RATES, WHILE MAINTAINING OUR LONG TERM FINANCIAL STABILITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,161,225

Investment Income $12,477

Other Revenue $3,658

TOTAL REVENUE $1,177,360

Expense Breakdown

Grants Paid $0

Salaries & Benefits $522,775

Fundraising Expenses $0

Other Expenses $1,065,717

TOTAL EXPENSES $1,588,492

Year-over-Year Comparison

	2021	2020	Change
Revenue	$1,177,360	$2,062,428	-0.4%
Expenses	$1,588,492	$2,160,985	-0.3%
Net Income	$-411,132	$-98,557	+3.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$117,254

Total Directors

$6,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KERRY ELLENBECKER	EXEC VP	40.00	Officer	$74,612	$2,464	$77,076
MARY HENRICHS	CEO	40.00	Officer	$34,228	$1,800	$36,028
THOMAS JUDNIC	CHAIR	2.00	Officer Director	$1,200	$0	$1,200
BRIAN WILSON	SECRETARY	3.00	Officer Director	$1,200	$0	$1,200
ALLISON RANUM	DIRECTOR	2.00	Director	$900	$0	$900
DAVID MILLER	VICE CHAIR	2.00	Officer Director	$875	$0	$875
JAMES STOKES	TREASURER	2.00	Officer Director	$875	$0	$875
DANIEL KOWALCZYK	DIRECTOR	2.00	Director	$750	$0	$750
CATHERINE LEIFELD	DIRECTOR	2.00	Director	$450	$0	$450

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
2021	$1,177,360	$1,588,492	No data	$-411,132
2020	$2,062,428	$2,160,985	$46,658,803	$-98,557
2019	$2,094,769	$1,992,645	$39,978,426	$102,124
2018	$1,806,986	$1,706,918	$35,699,870	$100,068

PEOPLES CHOICE CREDIT UNION