VANTAGE CREDIT UNION (EIN 430739854) - 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

Principal Officer

ERIC ACREE

Phone

3142980055

Tax Period

2023-01-01 to 2023-12-31

VANTAGE CREDIT UNION, founded in 1957, is a mid-sized nonprofit that reported $67.4M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

ENHANCING YOUR LIFE, STRENGTHENING OUR COMMUNITY

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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 $59,965,348

Investment Income $7,321,490

Other Revenue $109,184

TOTAL REVENUE $67,396,022

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $24,680,295

Fundraising Expenses $0

Other Expenses $47,140,229

TOTAL EXPENSES $71,830,524

Year-over-Year Comparison

	2023	2022	Change
Revenue	$67,396,022	$54,325,428	+0.2%
Expenses	$71,830,524	$52,625,526	+0.4%
Net Income	$-4,434,502	$1,699,902	-3.6%

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

324

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

$3,909,234

Total Directors

$12,289

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR JERRY EICHHOLZ	CHAIRMAN	1.00	Director	$690	$0	$690
DANIEL DOLAN	VICE CHAIRMAN	1.00	Director	$9,312	$0	$9,312
MARK RUDOLPH	SECRETARY/TREASURER	1.00	Director	$1,364	$0	$1,364
TONI MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
LINDA CERIOTTI	DIRECTOR	1.00	Director	$0	$0	$0
DR BARBARA EVANS-CUNNINGHAM	DIRECTOR	1.00	Director	$923	$0	$923
BOB KLUGE	DIRECTOR	1.00	Director	$0	$0	$0
ERIC ACREE	PRESIDENT & CEO	40.00	Officer	$647,139	$837,724	$1,484,863
DOUGLAS RUCKMAN	CHIEF FINANCIAL OFFICER	40.00	Officer	$324,757	$107,903	$432,660
JOHN HOPKINS	CHIEF RISK OFFICER	40.00	Officer	$302,945	$281,475	$584,420
MICHAEL GATRELL	CHIEF GROWTH & REV OFFICER/PRES CUSO OPS	40.00	Officer	$393,985	$755,622	$1,149,607
DANIEL JONES TERM 2223	CHIEF INFORMATION OFFICER	40.00	Officer	$47,847	$8,989	$56,836
JONATHAN BROADFIELD	INFORMATION SECURITY OFFICER	40.00	Officer	$155,290	$45,558	$200,848
CHRISTOPHER SMITH	DIRECTOR - MORTGAGE SOLUTIONS	40.00	Highest	$241,803	$39,604	$281,407
HANS SMITH	SENIOR FINANCIAL CONSULTANT	40.00	Highest	$166,635	$18,411	$185,046
AMANDA BARCLIFF	SENIOR FINANCIAL CONSULTANT	40.00	Highest	$158,841	$33,438	$192,279
BETTY LEWIS	CONTROLLER	40.00	Highest	$144,715	$20,176	$164,891
CHRISTOPHER REED	ACI NETWORK ENGINEER	40.00	Highest	$154,814	$9,289	$164,103

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	$67,396,022	$71,830,524	$1,198,376,782	$-4,434,502
2022	$54,325,428	$52,625,526	$1,166,332,861	$1,699,902
2021	$52,226,652	$52,865,494	$1,110,070,441	$-638,842
2020	$49,748,283	$49,715,949	$1,011,766,016	$32,334
2019	$51,719,890	$48,818,312	$876,362,450	$2,901,578
2018	$56,423,711	$50,528,833	$849,218,056	$5,894,878

VANTAGE CREDIT UNION