HOLY FAMILY MEMORIAL CREDIT UNION (EIN 391041954) - 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

Principal Officer

JOEL STROZEWSKI

Phone

9203202209

Tax Period

2024-01-01 to 2024-12-31

HOLY FAMILY MEMORIAL CREDIT UNION, founded in 1961, is a small nonprofit that reported $767K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $153K, a strong 20% operating margin.

Mission

ADVANCING FINANCIAL HEALTH AND QUALITY OF LIFE FOR MEMBERS WITH PERSONALIZED GUIDANCE AND VALUE-DRIVEN SERVICE.

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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 $496,580

Investment Income $267,633

Other Revenue $2,579

TOTAL REVENUE $766,792

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $300,314

Fundraising Expenses $0

Other Expenses $311,510

TOTAL EXPENSES $613,824

Year-over-Year Comparison

	2024	2023	Change
Revenue	$766,792	$624,470	+0.2%
Expenses	$613,824	$513,799	+0.2%
Net Income	$152,968	$110,671	+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

$95,274

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOEL STROZEWSKI	PRES/CEO	40.00	Officer	$90,060	$5,214	$95,274
JOHN KONICEK	CHAIR	2.00	Officer Director	$0	$0	$0
PATRICK BRANDEL	VICE CHAIR	2.00	Officer Director	$0	$0	$0
KAREN KREPLINE	TREASURER	2.00	Officer Director	$0	$0	$0
REBECCA SCHLEIS	SECCRETARY	2.00	Officer Director	$0	$0	$0
DEREK BROWN	DIRECTOR	1.00	Director	$0	$0	$0
RYAN DOPIRAK	DIRECTOR	1.00	Director	$0	$0	$0
KAY STECKER	DIRECTOR	1.00	Director	$0	$0	$0
EILEEN MANEY	DIRECTOR	1.00	Director	$0	$0	$0
SANDY BROOKS	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	$766,792	$613,824	$17,708,176	$152,968
2023	$624,470	$513,799	$16,839,668	$110,671
2022	$473,046	$412,192	$17,977,082	$60,854
2021	$472,400	$445,418	$18,861,546	$26,982
2020	$501,965	$468,004	$17,317,045	$33,961
2019	$567,456	$505,754	$15,137,570	$61,702
2018	$565,339	$493,075	$15,278,133	$72,264

HOLY FAMILY MEMORIAL CREDIT UNION