CENTRAL HANNA EMPLOYEES CREDIT UNION (EIN 410836477) - 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

1957

Legal Domicile

Phone

6512153540

Tax Period

2021-01-01 to 2021-08-31

CENTRAL HANNA EMPLOYEES CREDIT UNION, founded in 1957, is a small nonprofit that reported $132K in total revenue in fiscal year 2021. Revenue decreased 9% compared to the prior year. Expenses of $365K exceeded revenue, resulting in a 177% operating deficit.

Mission

This credit union is a cooperative society incorporated for promoting thrift among it's members and creating a course of credit for them at legitimate rates of interest as stated in MN Statute52.01.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $127,926

Investment Income $3,749

Other Revenue $0

TOTAL REVENUE $131,675

Expense Breakdown

Grants Paid $0

Salaries & Benefits $68,819

Fundraising Expenses $0

Program Expenses $76,882

Other Expenses $215,197

TOTAL EXPENSES $364,728

Year-over-Year Comparison

	2021	2020	Change
Revenue	$131,675	$145,327	-0.1%
Expenses	$364,728	$156,445	+1.3%
Net Income	$-233,053	$-11,118	+20.0%

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

Total Directors

Key Employees

$37,541

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sally Baratto	Manager	35	Key Emp	$37,541	$0	$37,541
Jack Thronson	President	1	Director	$0	$0	$0
Rory Aimonetti	Vice-President	1	Director	$0	$0	$0
Cory Thurman	Director	1	Director	$0	$0	$0
Kathleen Bottoms	Director	1	Director	$0	$0	$0
Michael Sanborn	Director	1	Director	$0	$0	$0
James Bozich	Director	1	Director	$0	$0	$0
Patrick Savage	Director	1	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
2021	$131,675	$364,728	No data	$-233,053
2020	$145,326	$156,445	$3,479,763	$-11,119

CENTRAL HANNA EMPLOYEES CREDIT UNION