CROW WING POWER CREDIT UNION (EIN 411929474) - 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

1999

Legal Domicile

Principal Officer

JOAN WILEMAN

Phone

8006489401

Tax Period

2023-01-01 to 2023-12-31

CROW WING POWER CREDIT UNION, founded in 1999, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $3.3M left a modest 14% surplus.

Mission

CROW WING POWER CREDIT UNION IS AN ORGANIZATION WITH THE MISSION OF PROVIDING LOANS AND SAVINGS PRODUCTS AND SERVICES TO THE MEMBERSHIP GROUP.

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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 $2,977,708

Investment Income $655,001

Other Revenue $153,572

TOTAL REVENUE $3,786,281

Expense Breakdown

Grants Paid $0

Salaries & Benefits $947,538

Fundraising Expenses $0

Other Expenses $2,308,983

TOTAL EXPENSES $3,256,521

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,786,281	$2,513,307	+0.5%
Expenses	$3,256,521	$2,107,908	+0.5%
Net Income	$529,760	$405,399	+0.3%

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

$240,218

Total Directors

$49,065

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DWIGHT THIESSE	DIRECTOR	1.00	Director	$0	$0	$12,944
GERTRUDE ROGGENKAMP	CHAIRMAN	2.00	Officer Director	$0	$0	$13,914
RICHARD LARSON	DIRECTOR	1.00	Director	$0	$0	$8,935
ROBERT KANGAS	DIRECTOR	1.00	Director	$0	$0	$13,272
DIANE VIEHAUSER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
LAURIE HOENIG	SECRETARY	3.00	Officer Director	$0	$0	$0
RUSS NYGREN	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD FRIELER	DIRECTOR	1.00	Director	$0	$0	$0
FREDRICK HAGE	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS BISEK	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA SMITH	VICE PRESIDENT	40.00	Officer	$67,178	$35,352	$102,530
JOAN WILLEMAN	PRESIDENT	40.00	Officer	$93,964	$29,810	$123,774

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	No data	No data	No data	No data
2023	$3,786,281	$3,256,521	$103,088,333	$529,760
2022	$2,513,307	$2,107,908	$107,845,487	$405,399
2021	$2,549,563	$2,113,457	$115,265,048	$436,106
2020	$2,545,667	$2,411,453	$101,026,097	$134,214
2020	$2,545,667	$2,411,453	$101,026,097	$134,214
2019	$2,809,626	$2,371,725	$85,279,576	$437,901
2019	$2,809,626	$2,371,725	$85,279,576	$437,901
2018	$2,497,786	$2,025,516	$82,985,909	$472,270
2018	$2,497,786	$2,025,516	$82,985,909	$472,270

CROW WING POWER CREDIT UNION