NEW Credit Union (EIN 396050513) - 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

1962

Legal Domicile

Principal Officer

Lisa Gilligan

Phone

9208482793

Tax Period

2025-01-01 to 2025-12-31

NEW Credit Union, founded in 1962, is a community nonprofit that reported $8.3M in total revenue in fiscal year 2025. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.1M, a strong 26% operating margin.

Mission

Member owned financial cooperative. The mission is to provide

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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 $6,043,192

Investment Income $2,216,258

Other Revenue $0

TOTAL REVENUE $8,259,450

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,232,951

Fundraising Expenses $0

Program Expenses $863,439

Other Expenses $3,917,595

TOTAL EXPENSES $6,150,546

Year-over-Year Comparison

	2025	2024	Change
Revenue	$8,259,450	$7,178,383	+0.2%
Expenses	$6,150,546	$5,679,676	+0.1%
Net Income	$2,108,904	$1,498,707	+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

N/A

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

$143,768

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA GILLIGAN	CEOPresident	40.00	Key Emp	$143,768	$0	$143,768
WILLIAM KAMKE	Chair	0.50	Officer Director	$0	$0	$0
KEN HARTER	Vice Chair	0.50	Officer Director	$0	$0	$0
TAMMY STEFFECK	Treasurer	0.50	Officer Director	$0	$0	$0
TAMMIE MCCARTHY	Secretary	0.50	Officer Director	$0	$0	$0
DIANE LAPLANT	Director	0.50	Director	$0	$0	$0
JEFF BEHNKE	Director	0.50	Director	$0	$0	$0
GINA CRAMER	Director	0.50	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
2025	$8,259,450	$6,150,546	$165,152,191	$2,108,904
2024	$7,178,383	$5,679,676	$151,042,811	$1,498,707
2023	$5,749,291	$5,211,345	$150,380,477	$537,946
2022	$4,944,491	$4,383,453	$157,501,597	$561,038
2021	$4,687,266	$4,316,001	$155,392,942	$371,265
2020	$5,022,973	$4,217,155	$139,521,368	$805,818
2019	$5,046,512	$4,488,696	$112,768,490	$557,816
2018	$4,764,158	$4,074,770	$103,140,873	$689,388

NEW Credit Union