POST OFFICE CREDIT UNION OF MARYLAND INC (EIN 520237444) - 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

1929

Legal Domicile

Principal Officer

Joseph Amellio

Phone

4107275469

Tax Period

2023-01-01 to 2023-12-31

POST OFFICE CREDIT UNION OF MARYLAND INC, founded in 1929, is a small nonprofit that reported $664K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.2M exceeded revenue, resulting in a 76% operating deficit.

Mission

State Chartered Credit Union offering financial services for U. S. Postal employees and their families that live or work in Maryland

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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 $417,985

Investment Income $131,378

Other Revenue $114,453

TOTAL REVENUE $663,816

Expense Breakdown

Grants Paid $0

Salaries & Benefits $432,450

Fundraising Expenses $0

Program Expenses $0

Other Expenses $735,886

TOTAL EXPENSES $1,168,336

Year-over-Year Comparison

	2023	2022	Change
Revenue	$663,816	$610,602	+0.1%
Expenses	$1,168,336	$1,059,465	+0.1%
Net Income	$-504,520	$-448,863	+0.1%

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

$107,000

Total Directors

$7,270

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph Amellio	President/CEO	40	Officer Highest	$107,000	$0	$107,000
Thomas Keefe	Secretary/Treasurer	1	Director	$4,910	$0	$4,910
Lawrence Schultz Jr	Board member	1	Director	$735	$0	$735
Ronald Bailey	Chairperson	1	Director	$470	$0	$470
David Brignac	Vice Chairperson	1	Director	$450	$0	$450
Roger Evans	Board Member	1	Director	$445	$0	$445
Blanche Evans	Board member	1	Director	$210	$0	$210
Michael Thomas	Board Member	1	Director	$50	$0	$50

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$663,816	$1,168,336	$29,313,870	$-504,520
2022	$610,602	$1,059,465	$32,370,622	$-448,863
2021	$632,384	$940,142	$33,224,793	$-307,758
2020	$758,266	$931,851	$32,544,577	$-173,585
2019	$936,356	$1,012,268	$30,943,806	$-75,912
2018	$800,990	$913,111	$30,914,361	$-112,121

POST OFFICE CREDIT UNION OF MARYLAND INC