COLUMBIA CREDIT UNION (EIN 436041840) - 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

1935

Principal Officer

JENNIFER HEATH

Phone

5732562500

Tax Period

2023-01-01 to 2023-12-31

COLUMBIA CREDIT UNION, founded in 1935, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $333K, a strong 18% operating margin.

Mission

TO SERVE THE FINANCIAL NEEDS OF OUR MEMBERS IN A SOUND, COMPETITIVE STRUCTURE WHILE MAINTAINING A REALISTIC ATTITUDE TOWARD FUTURE GROWTH.

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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 $1,254,507

Investment Income $323,127

Other Revenue $271,690

TOTAL REVENUE $1,849,324

Expense Breakdown

Grants Paid $0

Salaries & Benefits $800,441

Fundraising Expenses $0

Other Expenses $715,671

TOTAL EXPENSES $1,516,112

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,849,324	$1,358,036	+0.4%
Expenses	$1,516,112	$1,208,418	+0.3%
Net Income	$333,212	$149,618	+1.2%

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

N/A

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

$766,330

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER HEATH	CREDIT UNION	40.00	Officer	$196,450	$433,170	$629,620
JENNIFER ARCHULETA	VP OF OPERAT	40.00	Officer	$96,372	$40,338	$136,710
BOBBY CHICK	TREASURER	1.00	Director	$0	$0	$0
RICHARD COLE	CHAIR	1.00	Director	$0	$0	$0
ANDREA HARTGROVE	SECRETARY	1.00	Director	$0	$0	$0
DEVEN LAVERE	VICE CHAIR	1.00	Director	$0	$0	$0
SUSIE SAPP	BOARD MEMBER	1.00	Director	$0	$0	$0
JANEL TWEHOUS	BOARD MEMBER	1.00	Director	$0	$0	$0
KEITH WILSON	BOARD MEMBER	1.00	Director	$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
2024	No data	No data	No data	No data
2023	$1,849,324	$1,516,112	$31,581,377	$333,212
2022	$1,358,036	$1,208,418	$31,397,115	$149,618
2021	$1,470,678	$1,278,359	$30,844,857	$192,319
2020	$1,307,602	$1,193,125	$27,660,726	$114,477
2019	$1,225,199	$1,031,267	$22,731,285	$193,932
2018	$1,051,151	$870,889	$22,001,745	$180,262

COLUMBIA CREDIT UNION