ACCENTRA CREDIT UNION

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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

1930

Legal Domicile

Principal Officer

PAUL KNORR

Phone

5074331829

Tax Period

2023-01-01 to 2023-12-31

ACCENTRA CREDIT UNION, founded in 1930, is a community nonprofit that reported $9.9M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $9.3M left a modest 6% surplus.

Mission

TO CONDUCT THE ORDINARY AND NECESSARY BUSINESS OF A CREDIT UNION INVOLVING THE RECEIVING OF SAVINGS OF MEMBERS AND LENDING MONEY TO MEMBERS FOR PROVIDENT PURPOSES.

Program Service Accomplishments

Program 1

TO PROVIDE LOANS TO MEMBERS AND TO PAY DIVIDENDS ON MEMBER SHARE ACCOUNTS, SHAREDRAFT ACCOUNTS AND CERTIFICATES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,074,664

Investment Income $813,062

Other Revenue $0

TOTAL REVENUE $9,887,726

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,956,781

Fundraising Expenses $0

Other Expenses $4,978,514

TOTAL EXPENSES $9,272,823

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,887,726	$8,387,451	+0.2%
Expenses	$9,272,823	$7,430,806	+0.2%
Net Income	$614,903	$956,645	-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

$553,543

Total Directors

$3,929

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHERI DANKERT	BOARD MEMBER	0.50	Director	$485	$0	$485
MARISA NAGELE	BOARD VICE-CHAIR	0.50	Officer Director	$404	$0	$404
GORDY KUEHNE	BOARD CHAIRMAN	1.00	Officer Director	$378	$0	$378
MATT CIZIK	BOARD MEMBER	0.50	Director	$417	$0	$417
RAYCE HARDY	BOARD MEMBER	0.50	Director	$366	$0	$366
DARRELL INGVALDSON	BOARD MEMBER	0.50	Director	$306	$0	$306
PETER FERRELL	SUP CHAIR	1.00	Officer Director	$761	$0	$761
JIM KRUEGER	SUP MEMBER	0.50	Director	$166	$0	$166
SARA WHITE	BOARD MEMBER	0.50	Director	$344	$0	$344
KIRBY REEPING	SUP MEMBER	0.50	Director	$302	$0	$302
PAUL KNORR	CEO	40.00	Officer	$238,777	$51,004	$289,781
LYNDSEY JOHNSON	CFO	40.00	Officer	$111,181	$9,282	$120,463
BRAD HJELLMING	VP- LENDING	40.00	Officer	$105,916	$35,840	$141,756

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$9,887,726	$9,272,823	$200,358,912	$614,903
2022	$8,387,451	$7,430,806	$198,460,275	$956,645
2021	$8,130,669	$6,096,039	$188,112,891	$2,034,630
2020	$7,162,544	$5,972,419	$167,522,063	$1,190,125
2019	$7,341,236	$6,384,876	$142,245,698	$956,360
2018	$6,896,213	$5,856,832	$139,505,104	$1,039,381