ARSENAL CREDIT UNION

EIN: 430663009

ARNOLD, MO

Total Revenue
$26,708,236
Total Expenses
$25,882,276
Total Assets
$397,124,196
Net Assets
$27,533,341
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
MO
Principal Officer
LINDA ALLEN
Phone
3149626363
Tax Period
2023-01-01 to 2023-12-31

ARSENAL CREDIT UNION, founded in 1948, is a mid-sized nonprofit that reported $26.7M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $25.9M left a modest 3% surplus.

Mission

TO PROMOTE THRIFT AMONG ITS MEMBERS BY AFFORDING THEM AN OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS; TO CREATE FOR THEM A SOURCE OF CREDIT AT FAIR AND REASONABLE RATES OF INTEREST; TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY FOR THEIR MUTUAL BENEFIT; TO EDUCATE MEMBERS IN THE PRUDENT USE OF MONEY AND CREDIT; TO OPERATE IN THE SPIRIT OF COOPERATION AND NOT FOR PROFIT; TO IMPROVE THE COMMUNITY IN WHICH IT OPERATES; AND TO PROVIDE OTHER FISCAL AND FINANCIAL SERVICES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,000
Program Service Revenue $24,490,423
Investment Income $2,137,735
Other Revenue $71,078
TOTAL REVENUE $26,708,236

Expense Breakdown

Grants Paid $10,000
Salaries & Benefits $7,948,542
Fundraising Expenses $0
Other Expenses $17,923,734
TOTAL EXPENSES $25,882,276

Year-over-Year Comparison

2023 2022 Change
Revenue $26,708,236 $21,467,724 +0.2%
Expenses $25,882,276 $17,844,423 +0.5%
Net Income $825,960 $3,623,301 -0.8%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
119
Volunteers
14

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
8
$1,847,131
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY DIERKS CHAIRMAN 2.00
Director
$0 $0 $0
BOB KILLION VICE CHAIRMAN 2.00
Director
$0 $0 $0
JUANITA NOVOTNY TREASURER 2.00
Director
$0 $0 $0
KEITH EMERY SECRETARY 2.00
Director
$0 $0 $0
ADAM THURAU DIRECTOR 2.00
Director
$0 $0 $0
PEGGY HABERBERGER DIRECTOR 2.00
Director
$0 $0 $0
EDWARD FITZHENRY DIRECTOR 2.00
Director
$0 $0 $0
LINDA ALLEN PRESIDENT 40.00
Officer
$343,036 $99,450 $442,486
JEAN CAPRIGLIONE VP BRANCH OPERATIONS 40.00
Officer
$112,248 $14,343 $126,591
GREG CLARKE SVP TECHNOLOGY & RISK MANAGEMENT 40.00
Officer
$147,487 $36,266 $183,753
LORI CRUTCHLEY EVP 40.00
Officer
$243,953 $73,131 $317,084
CASSANDRA HENDRIXSON SVP FINANCIAL SERVICES DELIVERY 40.00
Officer
$185,076 $32,389 $217,465
MICHAEL HUDSON SVP COMMERCIAL LENDING 40.00
Officer
$176,452 $20,360 $196,812
JESSICA ROYCE SVP FINANCE & COLLECTIONS 40.00
Officer
$160,718 $47,896 $208,614
SHANE WECKER VP CONSUMER LENDING 40.00
Officer
$136,620 $17,706 $154,326
DANIEL OSORIO IT MANAGER 40.00
Highest
$104,692 $34,513 $139,205
ROLAND SPIES VP COMMERCIAL LENDING 40.00
Highest
$126,027 $7,814 $133,841
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 $26,708,236 $25,882,276 $397,124,196 $825,960
2022 $21,467,724 $17,844,423 $383,430,662 $3,623,301
2021 $18,878,245 $14,617,620 $349,876,786 $4,260,625
2020 $16,839,072 $14,444,276 $313,669,494 $2,394,796
2019 $15,837,755 $13,072,233 $258,490,153 $2,765,522
2018 $13,961,421 $11,912,465 $234,369,784 $2,048,956
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