AIM CREDIT UNION (EIN 420329305) - 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

1933

Legal Domicile

Principal Officer

MIKE MORONEY

Phone

5635853737

Tax Period

2023-01-01 to 2023-12-31

AIM CREDIT UNION, founded in 1933, is a community nonprofit that reported $8.9M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $7.9M left a modest 11% surplus.

Mission

TO DELIVER EXCEPTIONAL SERVICE AND PERSONALIZED FINANCIAL SOLUTIONS THAT HELP OUR MEMBERS ACHIEVE THEIR GOALS.

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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 $7,500

Program Service Revenue $7,141,375

Investment Income $1,722,921

Other Revenue $24,860

TOTAL REVENUE $8,896,656

Expense Breakdown

Grants Paid $25,100

Salaries & Benefits $2,232,936

Fundraising Expenses $0

Other Expenses $5,641,980

TOTAL EXPENSES $7,900,016

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,896,656	$6,668,128	+0.3%
Expenses	$7,900,016	$5,579,019	+0.4%
Net Income	$996,640	$1,089,109	-0.1%

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

$334,825

Total Directors

$334,825

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE MORONEY	PRESIDENT /	50.00	Officer Director	$244,762	$90,063	$334,825
JACK SCHUMACHER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JEFF EDDY	VICE CHAIR	0.50	Officer Director	$0	$0	$0
BECKY JENKINS	SECRETARY	0.50	Officer Director	$0	$0	$0
ELIZABETH MILLER	DIRECTOR/AUD	0.50	Director	$0	$0	$0
MARK ARTHOFER	DIRECTOR	0.50	Director	$0	$0	$0
VINCE COPELAND	DIRECTOR	0.50	Director	$0	$0	$0
SANDY EVEN	DIRECTOR	0.50	Director	$0	$0	$0
SHELLEY FITZGERALD	DIRECTOR	0.50	Director	$0	$0	$0
JOESPH KUBESHESKI	DIRECTOR	0.50	Director	$0	$0	$0
JEREMY WULFEKHULE	DIRECTOR	0.50	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
2024	No data	No data	No data	No data
2023	$8,896,656	$7,900,016	$184,858,645	$996,640
2022	$6,668,128	$5,579,019	$162,420,940	$1,089,109
2021	$6,087,437	$5,208,020	$165,623,209	$879,417
2020	$6,802,780	$5,607,455	$152,417,916	$1,195,325
2019	$6,635,693	$5,748,630	$130,498,519	$887,063
2018	$6,125,739	$4,881,848	$125,633,587	$1,243,891

AIM CREDIT UNION