EDUCATIONAL COMMUNITY CREDIT UNION (EIN 436041095) - 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

1938

Legal Domicile

Principal Officer

ROBERT HERREN

Phone

4178310534

Tax Period

2024-01-01 to 2024-12-31

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.

Mission

ACTIVITY: A NOT-FOR-PROFIT COOPERATIVE INCORPORATED AND OPERATING UNDER MISSOURI STATUTES. MISSION: TO PROMOTE THRIFT WITH MEMBER'S INTEREST IN MIND AND LOAN TO MEMBERS FOR ONLY PROVIDENT AND PRODUCTIVE PURPOSES. WE ACCOMPLISH THIS BY PROVIDING FINANCIAL EDUCATION AND TRAINING TO ALL CURRENT AND POTENTIAL MEMBERS. FINANCIAL SERVICES OFFERED ARE COMPETITIVELY PRICED WITH AN EMPHASIS ON LOW FEES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,516,992

Investment Income $491,231

Other Revenue $0

TOTAL REVENUE $4,008,223

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,648,412

Fundraising Expenses $0

Other Expenses $1,929,816

TOTAL EXPENSES $3,578,228

Year-over-Year Comparison

	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%

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

$573,495

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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

EDUCATIONAL COMMUNITY CREDIT UNION