Self-Help Credit Union

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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

1983

Legal Domicile

Principal Officer

Randy Chambers

Phone

9199564400

Tax Period

2024-01-01 to 2024-12-31

Self-Help Credit Union, founded in 1983, is a major nonprofit that reported $102.2M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $25.0M, a strong 24% operating margin.

Mission

Our mission is to create ownership and economic opportunities for all, especially people of color, women, rural residents,low-wealth families and communities. We provide loans to members at reasonable rates and pay competitive rates of interest to members.

Program Service Accomplishments

Program 1

Provided consumer, mortgage, and business loans to members at reasonable rates, with a goal of improving the social or economic conditions of members, especially low-income persons. A total of 3,481 loans were originated in 2024. Provided services and paid competitives rates of interest to members. Total members served 88,916

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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 $0

Program Service Revenue $93,764,916

Investment Income $8,415,960

Other Revenue $0

TOTAL REVENUE $102,180,876

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $77,223,875

TOTAL EXPENSES $77,223,875

Year-over-Year Comparison

	2024	2023	Change
Revenue	$102,180,876	$92,846,991	+0.1%
Expenses	$77,223,875	$63,096,264	+0.2%
Net Income	$24,957,001	$29,750,727	-0.2%

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

Employees

N/A

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

$279,674

Total Directors

$345,809

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Randy Chambers	President of SHCU	0.00	Officer	$0	$41,313	$142,886
Adam Herbage	Application Dev Lead	40.00	Highest	$0	$23,595	$137,951
Martin Eakes	CEODirector	0.00	Officer Director	$0	$35,827	$136,788
Kerri J Smith	Regional President	40.00	Highest	$0	$24,351	$133,136
Brandon Coleman	Asst General Counsel	40.00	Highest	$0	$23,747	$131,988
Ronald Wiley	Regional Director	40.00	Highest	$0	$22,384	$131,929
Sharon L Carlson	Dir Remote Prod Services	40.00	Highest	$0	$14,057	$125,941
Cameron Eagles	Director	40.00	Director	$0	$19,392	$119,623
Juan Coronel	Director	40.00	Director	$0	$18,162	$89,398
Doris Asbury	Director	0.00	Director	$0	$0	$0
Ivan Parra	Director	0.00	Director	$0	$0	$0
Ed Fulbright	Director	0.00	Director	$0	$0	$0
Tessa Petit	Director	0.00	Director	$0	$0	$0
Natalie Williams	Director	0.00	Director	$0	$0	$0
Jackie Mondora	Director	0.00	Director	$0	$0	$0
LaTorrie Geer	Director	0.00	Director	$0	$0	$0
Jose Oliva	Director	0.00	Director	$0	$0	$0
Laura Pichardo-Cruz	Director	0.00	Director	$0	$0	$0
Annie Lord	Director	0.50	Director	$0	$0	$0
Deborah McKetty	Chair	0.00	Officer Director	$0	$0	$0
F David Kearns	Treasurer	0.00	Officer Director	$0	$0	$0
Scott Misner	Secretary	0.00	Officer Director	$0	$0	$0
Thomas King	Vice Chair	0.00	Officer 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	$102,180,876	$77,223,875	$1,979,006,644	$24,957,001
2023	$92,846,991	$63,096,264	$1,759,689,863	$29,750,727
2022	$77,946,111	$49,710,208	$1,812,435,213	$28,235,903
2021	$52,319,101	$40,972,922	$1,341,389,804	$11,346,179
2020	$56,753,400	$50,964,953	$1,280,395,686	$5,788,447
2019	$58,486,696	$41,124,933	$1,100,074,054	$17,361,763
2018	$51,060,936	$35,341,463	$1,011,155,892	$15,719,473