SPRINGFIELD, MO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)EDUCATIONAL COMMUNITY CREDIT UNION, founded in 1938, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2024. Expenses of $3.6M left a modest 11% surplus.
WE ARE A FINANCIAL COOPERATIVE PROVIDING SAVINGS & LOAN PRODUCTS AND ANCILLARY SERVICES TO OUR CURRENT MEMBERS, AS WELL AS FINANCIAL EDUCATION TO OUR ENTIRE FIELD OF MEMBERSHIP. APPROVED FIELD OF MEMBERSHIP: 1) ANY CURRENT OR RETIRED FACULTY OR STAFF MEMBER OF ANY EDUCATIONAL INSTITUTION, PUBLIC LIBRARY, OR ANY EDUCATIONALLY SPONSORED OR AFFILIATED ORGANIZATION OF SUCH PERSONS, OR ANY STUDENT OF ELEMENTARY, SECONDARY, OR HIGHEREDUCATIONAL LEVEL LOCATED WITHIN THE FOLLOWING COUNTIES IN MISSOURI: BARRY, BARTON, CEDAR, CHRISTIAN, DADE, DALLAS, DOUGLAS, GREENE, HOWELL, JASPER,LACLEDE, LAWRENCE, MCDONALD, NEWTON, OREGON, OZARK, POLK, SHANNON, TANEY, TEXAS, VERNON, WEBSTER AND WRIGHT. 2) ANY EDUCATIONAL ALUMNI IN THE AFOREMENTIONED COUNTIES. 3) ANY FAMILY MEMBER OF A PERSON ELIGIBLE TO JOIN THIS CREDIT UNION. 4) ANY EMPLOYEE OF THIS CREDIT UNION.
MEMBER BENEFITS INCLUDING DIVIDEND ON MEMBER SAVINGS, INTEREST ON MEMBER CERTIFICATES OF DEPOSIT, AND NCUSIF SHARE GUARANTEE INSURANCE BACKED BY THE U.S. TREASURY, SAME AS FDIC INSURANCE FOR BANKS...
MEMBER BENEFITS INCLUDING DIVIDEND ON MEMBER SAVINGS, INTEREST ON MEMBER CERTIFICATES OF DEPOSIT, AND NCUSIF SHARE GUARANTEE INSURANCE BACKED BY THE U.S. TREASURY, SAME AS FDIC INSURANCE FOR BANKS. TOTAL MEMBERS SERVED IS 8,508. PRESENTED CREDIT UNION IDEALS OF SAVING FOR A RAINY DAY AND LOANS FOR ONLY PROVIDENT AND PRODUCTIVE PURPOSES TO CURRENT AND POTENTIAL MEMBERS AT BACK-TO-SCHOOL TEACHER'S TRAINING MEETINGS, SCHOOL FUNCTIONS, AND THROUGH OTHER ADVERTISING CAMPAIGNS. SIGNED UP 186 NEW MEMBERS IN 2024 AS A RESULT OF THESE VARIOUS CAMPAIGNS.
MEMBER LOAN SERVICING COSTS INCLUDE REVIEWING LOAN APPLICATIONS FOR COMPLETENESS THROUGH CREDIT BUREAU CHECKS, VERIFYING INCOME THROUGH CURRENT EMPLOYER, RETIREMENT, DISABILITY, OR DIVORCE BENEFITS...
MEMBER LOAN SERVICING COSTS INCLUDE REVIEWING LOAN APPLICATIONS FOR COMPLETENESS THROUGH CREDIT BUREAU CHECKS, VERIFYING INCOME THROUGH CURRENT EMPLOYER, RETIREMENT, DISABILITY, OR DIVORCE BENEFITS. PERFORM DEBT RATIO CALCULATION AND ADVISE MEMBERS ON POTENTIAL OF OVER-EXTENDING THEIR DEBT, WHICH COULD LEAD TO POSSIBLE REPOSESSION OR BANKRUPTCY. ADDITIONALLY, THERE IS THE COST OF MAKING THE LOAN, (LOAN OFFICER TIME, LABOR, & SUPPLIES), AND COLLECTING THE LOAN, (COLLECTOR'S LABOR, COLLECTION/REPO AGENTS, & ATTORNEY FEES).
EDUCATE MEMBERS THROUGH VARIOUS ADVERTISING THAT PROMOTES OUR MISSION OF ALWAYS SAVING FOR A RAINY DAY, AND BORROWING FOR PRODUCTIVE PURPOSES.INCLUDES EXPENSE FOR QUARTERLY NEWSLETTERS, TV ADS...
EDUCATE MEMBERS THROUGH VARIOUS ADVERTISING THAT PROMOTES OUR MISSION OF ALWAYS SAVING FOR A RAINY DAY, AND BORROWING FOR PRODUCTIVE PURPOSES.INCLUDES EXPENSE FOR QUARTERLY NEWSLETTERS, TV ADS, ANNUAL MEMBERSHIP MEETING, MEMBER RECOGNITION/AWARDS (STUDENT SCHOLARSHIP, TEACHER RECOGNITION AWARDS), AND MEMBERSHIP PROMOTIONAL MATERIALS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,008,223 | $3,942,363 | +0.0% |
| Expenses | $3,578,228 | $3,395,759 | +0.1% |
| Net Income | $429,995 | $546,604 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JEFFREY BARBER | CHAIRPERSON | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| STEVEN K VERHEYEN | VICE-CHAIR | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| CYNTHIA BARNETT | SECRETARY / TREAS | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| CHRIS HESHER | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| VICKI MATTOCKS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| BRAD AKERS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| TERRY WINTON | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| JAMES L EDWARDS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ENOCH MORRIS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ROBERT HERREN | PRESIDENT | 40.00 |
Officer
|
$114,510 | $16,081 | $130,591 |
| JOEL D KAUFLIN | OFFICER | 40.00 |
Officer
|
$105,832 | $10,009 | $115,841 |
| ERIC LUMLEY | OFFICER | 40.00 |
Officer
|
$97,126 | $14,029 | $111,155 |
| JOSHUA D DOLEN | OFFICER | 40.00 |
Officer
|
$97,719 | $7,913 | $105,632 |
| ANITA H COOKE | VICE PRESIDENT | 40.00 |
Officer
|
$93,414 | $16,862 | $110,276 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $4,008,223 | $3,578,228 | $75,273,628 | $429,995 |
| 2023 | $3,942,363 | $3,395,759 | $77,011,618 | $546,604 |
| 2022 | $3,696,570 | $3,285,359 | $82,641,514 | $411,211 |
| 2021 | $3,367,496 | $2,773,700 | $78,561,230 | $593,796 |
| 2020 | $2,518,844 | $2,487,012 | $69,332,181 | $31,832 |
| 2019 | $2,772,107 | $2,674,927 | $62,292,652 | $97,180 |
| 2018 | $2,801,268 | $2,565,327 | $62,482,462 | $235,941 |
Compare EDUCATIONAL COMMUNITY CREDIT UNION with other nonprofits in Missouri and across the country.