WEST VIRGINIA CREDIT UNION LEAGUE (EIN 550404927) - 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

1926

Legal Domicile

Principal Officer

RICH SCHAFFER

Phone

3044854521

Tax Period

2024-01-01 to 2024-12-31

WEST VIRGINIA CREDIT UNION LEAGUE, founded in 1926, is a small nonprofit that reported $803K in total revenue in fiscal year 2024. The organization ran a surplus of $126K, a strong 16% operating margin.

Mission

THIS ORGANIZATION PLANS AND EXPEDITES PROGRAMS AND ACTIVITIES TO OFFER A VARIETY OF TRAINING AND SUPPORT SERVICES TO MEMBER CREDIT UNIONS.

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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 $709,293

Program Service Revenue $30,969

Investment Income $59,660

Other Revenue $3,529

TOTAL REVENUE $803,451

Expense Breakdown

Grants Paid $0

Salaries & Benefits $359,295

Fundraising Expenses $0

Program Expenses $677,932

Other Expenses $318,637

TOTAL EXPENSES $677,932

Year-over-Year Comparison

	2024	2023	Change
Revenue	$803,451	$808,596	0.0%
Expenses	$677,932	$662,824	+0.0%
Net Income	$125,519	$145,772	-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

$113,132

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE TUCKER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MIKE DEAN	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
CINDY DICKEY	SECRETARY	1.00	Officer Director	$0	$0	$0
SHERRY PECK	TREASURER	1.00	Officer Director	$0	$0	$0
LYNNE TEETS	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT WINWOOD	DIRECTOR	1.00	Director	$0	$0	$0
LARRY SLAYTON	DIRECTOR	1.00	Director	$0	$0	$0
KRISTA CHRISTIAN	DIRECTOR	1.00	Director	$0	$0	$0
JOETTA HECK	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD SCHAFFER	PRESIDENT/CEO	40.00	Officer	$113,132	$0	$113,132

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	$803,451	$677,932	$1,624,535	$125,519
2023	$808,596	$662,824	$1,522,548	$145,772
2022	$804,558	$588,618	$1,379,684	$215,940
2021	$795,609	$1,238,745	$1,216,216	$-443,136
2020	$813,317	$734,890	$1,356,711	$78,427
2019	$877,858	$833,263	$1,241,847	$44,595
2018	$865,815	$826,574	$1,272,120	$39,241

WEST VIRGINIA CREDIT UNION LEAGUE