Century Credit Union (EIN 430704245) - 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

1954

Legal Domicile

Principal Officer

Robert Eike

Phone

3145441818

Tax Period

2023-01-01 to 2023-12-31

Century Credit Union, founded in 1954, is a community nonprofit that reported $7.5M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 26% operating margin.

Mission

To encourage our members to save and provide loans at reasonable rates, while offering competitive 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,014,157

Investment Income $1,852,132

Other Revenue $1,616,716

TOTAL REVENUE $7,483,005

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,756,927

Fundraising Expenses $0

Program Expenses $0

Other Expenses $2,304,650

TOTAL EXPENSES $5,542,265

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,483,005	$5,465,248	+0.4%
Expenses	$5,542,265	$3,867,390	+0.4%
Net Income	$1,940,740	$1,597,858	+0.2%

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

$180,045

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT EIKE	PRESIDENT	40	Key Emp	$180,045	$0	$180,045
WILLIAM SIP	VICE-CHAIRMAN	0	Officer	$0	$0	$0
TERRY BANISTER	SECRETARY	0	Officer	$0	$0	$0
SUE PAULY	BOARD MEMBER	0	Officer	$0	$0	$0
LEO CHIRCO	BOARD MEMBER	0	Officer	$0	$0	$0
Tim McBride	Board Member	0	Officer	$0	$0	$0
Mark Falkner	Chairman of the Board	0	Officer	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$7,483,005	$5,542,265	$146,684,463	$1,940,740
2022	$5,465,248	$3,867,390	$147,352,731	$1,597,858
2021	$5,040,098	$3,626,113	$144,271,305	$1,413,985
2020	$5,178,600	$3,831,115	$131,714,569	$1,347,485
2019	$5,529,766	$3,961,612	$113,770,232	$1,568,154
2018	$4,912,367	$3,649,403	$105,269,832	$1,262,964

Century Credit Union