COOPERATIVE CREDIT UNION (EIN 480577273) - 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

1937

Legal Domicile

Principal Officer

LYLE MARTIN

Phone

6202515290

Tax Period

2024-01-01 to 2024-12-31

COOPERATIVE CREDIT UNION, founded in 1937, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $1.0M left a modest 6% surplus.

Mission

TO BE THE FINANCIAL SERVICE LEADER IN OUR COMMUNITY AND MEMBERSHIP AREA

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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 $3,132

Program Service Revenue $814,584

Investment Income $292,841

Other Revenue $5,128

TOTAL REVENUE $1,115,685

Expense Breakdown

Grants Paid $0

Salaries & Benefits $385,434

Fundraising Expenses $0

Other Expenses $660,448

TOTAL EXPENSES $1,045,882

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,115,685	$969,093	+0.2%
Expenses	$1,045,882	$920,816	+0.1%
Net Income	$69,803	$48,277	+0.4%

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

N/A

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

$126,379

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLYDE KASTLER	CHAIRPERSON	1.00	Director	$0	$0	$0
WILLIAM JENKINS	CHAIRPERSON	1.00	Director	$0	$0	$0
DAVID SHANE SIMMONS	VICE CHAIRPERSON	1.00	Director	$0	$0	$0
CHRISTOPHER BOOKTER	BOARD MEMBER	1.00	Director	$0	$0	$0
LYSSA BALLY	BOARD MEMBER	1.00	Director	$0	$0	$0
DANA DENTON	TREASURER	1.00	Director	$0	$0	$0
MICHAEL MCCLELLAN	BOARD MEMBER	1.00	Director	$0	$0	$0
LYLE MARTIN	PRESIDENT	70.00	Officer	$112,057	$14,322	$126,379

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	$1,115,685	$1,045,882	$21,578,013	$69,803
2023	$969,093	$920,816	$22,372,982	$48,277
2022	$893,235	$884,630	$22,035,931	$8,605
2021	$755,183	$743,573	$21,455,261	$11,610
2020	$866,989	$831,991	$19,755,728	$34,998
2019	$1,099,994	$748,298	$17,887,623	$351,696
2018	$1,300,149	$1,767,736	$17,824,415	$-467,587

COOPERATIVE CREDIT UNION