WASHINGTON, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WORLD COUNCIL OF CREDIT UNIONS INC, founded in 1970, is a mid-sized nonprofit that reported $14.6M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $14.1M left a modest 3% surplus.
TO PROMOTE MORE EQUITABLE AND RESILIENT COMMUNITIES THROUGH FINANCIAL INCLUSION POWERED BY CREDIT UNIONS AND FINANCIAL COOPERATIVES.
DEVELOPMENT WORLD COUNCIL OF CREDIT UNIONS (WOCCU) WORKS TO ADVANCE FINANCIAL INCLUSION THROUGH THE CREDIT UNION AND COOPERATIVE MODEL BY ENGAGING IN INTERNATIONAL ADVOCACY, DEVELOPMENT, EDUCATION...
DEVELOPMENT WORLD COUNCIL OF CREDIT UNIONS (WOCCU) WORKS TO ADVANCE FINANCIAL INCLUSION THROUGH THE CREDIT UNION AND COOPERATIVE MODEL BY ENGAGING IN INTERNATIONAL ADVOCACY, DEVELOPMENT, EDUCATION AND NETWORKING THAT EMPOWERS UNDERSERVED POPULATIONS, AND PROMOTES MORE EQUITABLE AND RESILIENT COMMUNITIES.SINCE 1971, THE WORLD COUNCIL OF CREDIT UNIONS (WOCCU) HAS BEEN A LEADER OF THE GLOBAL CREDIT UNION MOVEMENT BRINGING ACCESS TO AFFORDABLE FINANCIAL SERVICES TO INDIVIDUALS IN DEVELOPING COUNTRIES. WOCCU IS THE GLOBAL LEADING VOICE FOR CREDIT UNIONS. MORE RECENTLY, WOCCU HAS PROVEN CAPABILITIES IN FINANCIAL INCLUSION, SERVING REMOTE AND RURAL AREAS, SUPPORTING COMMUNITIES AT RISK, ADVANCING WOMEN'S ENTREPRENEURSHIP AND ECONOMIC EMPOWERMENT, PROMOTING INCLUSIVE MARKET SYSTEMS, AND ENCOURAGING ENABLING REGULATORY SYSTEMS. RESTRUCTURING AFTER DISASTERS, ESTABLISHING NEW CREDIT UNION SYSTEMS, AND ENCOURAGING LEGISLATIVE REFORM/REGULATORY SYSTEM DEVELOPMENT.IN ADDITION TO OFFERING INNOVATIVE TECHNOLOGY SOLUTIONS, WOCCU'S TECHNICAL ASSISTANCE PROGRAMS EQUIP CREDIT UNIONS AND OTHER TYPES OF FINANCIAL COOPERATIVES WITH THE TOOLS AND TECHNIQUES NECESSARY TO STRENGTHEN THEIR FINANCIAL MANAGEMENT AND DELIVER FAIRLY PRICED FINANCIAL SERVICES TO UNDERSERVED COMMUNITIES.
WOCCU PROVIDES THE FOLLOWING TYPES OF ACTIVITIES:- ADVOCACY FOR CREDIT UNIONS AND OTHER FINANCIAL COOPERATIVES IN FRONT OF INTERNATIONAL STANDARD SETTING BODIES- CONNECTS ALL CREDIT UNIONS TO THE...
WOCCU PROVIDES THE FOLLOWING TYPES OF ACTIVITIES:- ADVOCACY FOR CREDIT UNIONS AND OTHER FINANCIAL COOPERATIVES IN FRONT OF INTERNATIONAL STANDARD SETTING BODIES- CONNECTS ALL CREDIT UNIONS TO THE GLOBAL MOVEMENT THROUGH BOTH FACE-TO-FACE AND VIRTUAL ENGAGEMENT AND NETWORKING. - INVESTS IN LEARNING OPPORTUNITIES FOR CREDIT UNION PROFESSIONALS, WITH AN EMPHASIS ON EMPOWERING YOUTH AND WOMEN- IMPLEMENTS PROJECTS THAT REACH UNDERSERVED POPULATIONS, WITH A FOCUS ON WOMEN, YOUTH, MIGRANTS AND RURAL PROJECTIONS. - PROMOTES SHARED DIGITAL PLATFORMS AND SOLUTIONS THAT ADDRESS COMMON CREDIT UNION CHALLENGES
WOCCU'S ANNUAL WORLD CREDIT UNION CONFERENCE ACTIVITIES SUPPORT:- RAISING AWARENESS OF CREDIT UNIONS AND FINANCIAL COOPERATIVES- FACILITATING THE GLOBAL EXCHANGE OF INFORMATION AND IDEAS- ADVOCATING...
WOCCU'S ANNUAL WORLD CREDIT UNION CONFERENCE ACTIVITIES SUPPORT:- RAISING AWARENESS OF CREDIT UNIONS AND FINANCIAL COOPERATIVES- FACILITATING THE GLOBAL EXCHANGE OF INFORMATION AND IDEAS- ADVOCATING TO IMPROVE LEGISLATION AND REGULATION INTERNATIONALLY- BRING TOGETHER CREDIT UNION LEADERS FOR NETWORKING - PROVIDING EDUCATION ON INDUSTRY-RELATED ISSUES
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $14,623,375 | $16,081,976 | -0.1% |
| Expenses | $14,122,909 | $14,669,103 | 0.0% |
| Net Income | $500,466 | $1,412,873 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DALLAS BERGL | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DIANA DYKSTRA | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERIN MENDEZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE OTOTO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GRACE BADILLA LOPEZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HELENE MCMANUS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF GUTHRIE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH REMY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH THOMAS | US ADVOCACY AD HOC COMMITT | 1.00 |
Director
|
$0 | $0 | $0 |
| LINDA BOWYER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MANFRED ALFONSO DASENBROCK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL LAWRENCE | VICE CHAIR/SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RAFAL MATUSIAK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| YOUNSIK KIM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELISSA MCCARTER LABORDE | CEO | 40.00 |
Officer
|
$475,646 | $68,367 | $544,013 |
| PAUL TREINEN | EXECUTIVE VP | 40.00 |
Officer
|
$167,469 | $32,978 | $200,447 |
| UKEME FALADE | CFO | 40.00 |
Officer
|
$232,221 | $23,290 | $255,511 |
| ANDREW PRICE | GENERAL COUNSEL/VP OF ADVOCACY | 40.00 |
Key Emp
|
$208,575 | $50,466 | $259,041 |
| ANGELINA TRACY | VP OF STRATEGIC GROWTH/PARTNERSHIPS | 40.00 |
Key Emp
|
$174,615 | $45,498 | $220,113 |
| EWA SIERZYNSKA | CHIEF OF PARTY | 40.00 |
Highest
|
$137,905 | $35,553 | $173,458 |
| MELISSA VARNADO | HEAD OF OPERATIONS/COMPLIANCE | 40.00 |
Highest
|
$134,311 | $13,505 | $147,816 |
| MICHAEL REUTER | PRESIDENT WORLDWIDE FOUNDATION | 40.00 |
Highest
|
$135,893 | $12,046 | $147,939 |
| OSCAR GUZMAN | CHIEF OF PARTY | 40.00 |
Highest
|
$224,075 | $22,435 | $246,510 |
| PANYA MONFORD | ASST GENERAL COUNSEL OF ADVOCACY | 40.00 |
Highest
|
$151,751 | $16,007 | $167,758 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $14,623,375 | $14,122,909 | $6,896,519 | $500,466 |
| 2022 | $16,081,976 | $14,669,103 | $6,129,835 | $1,412,873 |
| 2021 | $12,974,167 | $11,234,507 | $4,821,097 | $1,739,660 |
| 2020 | $9,938,429 | $8,966,242 | $4,798,810 | $972,187 |
| 2019 | $11,576,897 | $11,118,351 | $4,276,415 | $458,546 |
| 2018 | $10,264,860 | $9,695,483 | $3,795,109 | $569,377 |
Compare WORLD COUNCIL OF CREDIT UNIONS INC with other nonprofits in District of Columbia and across the country.