ARK VALLEY CREDIT UNION (EIN 480668113) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1955

Legal Domicile

Principal Officer

KIM ANNELER

Phone

6204428210

Tax Period

2024-01-01 to 2024-12-31

ARK VALLEY CREDIT UNION, founded in 1955, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $678K, a strong 20% operating margin.

Mission

TO PROVIDE HIGH QUALITY FINANCIAL SERVICES FOR OUR MEMBERS/OWNERS, ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,814,490

Investment Income $488,316

Other Revenue $18,436

TOTAL REVENUE $3,321,242

Expense Breakdown

Grants Paid $0

Salaries & Benefits $988,911

Fundraising Expenses $0

Other Expenses $1,654,067

TOTAL EXPENSES $2,642,978

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,321,242	$2,694,909	+0.2%
Expenses	$2,642,978	$2,124,288	+0.2%
Net Income	$678,264	$570,621	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$145,677

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MITCH REICHLE	CHAIRMAN	1.00	Director	$0	$0	$0
STEVE BOWER	VICE CHAIRMAN	1.00	Director	$0	$0	$0
BARRY THOMPSON	SECRETARY	1.00	Director	$0	$0	$0
SHERI QUICK	TREASURER	1.00	Director	$0	$0	$0
MARK MCCASLIN	DIRECTOR	1.00	Director	$0	$0	$0
WALTER SANDERS	DIRECTOR	1.00	Director	$0	$0	$0
MARY SCHMIDT	DIRECTOR	1.00	Director	$0	$0	$0
KIM ANNELER	PRESIDENT/CEO	40.00	Officer	$136,950	$8,727	$145,677

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	$3,321,242	$2,642,978	$54,967,303	$678,264
2023	$2,694,909	$2,124,288	$55,615,224	$570,621
2022	$2,311,141	$2,082,495	$49,527,356	$228,646
2021	$2,220,758	$1,907,687	$48,199,689	$313,071
2020	$2,437,032	$1,933,548	$43,953,037	$503,484
2019	$2,477,439	$2,075,044	$37,918,745	$402,395
2018	$2,282,285	$1,934,607	$37,175,510	$347,678

ARK VALLEY CREDIT UNION