TELCO COMMUNITY CREDIT UNION (EIN 566047874) - 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

1934

Legal Domicile

Principal Officer

DAVID BURNETTE

Phone

8282526458

Tax Period

2023-01-01 to 2023-12-31

TELCO COMMUNITY CREDIT UNION, founded in 1934, is a mid-sized nonprofit that reported $20.5M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.2M, a strong 25% operating margin.

Mission

PROVIDE FINANCIAL SERVICES TO 34,525 MEMBERS

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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 $16,750,303

Investment Income $3,714,339

Other Revenue $0

TOTAL REVENUE $20,464,642

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,704,999

Fundraising Expenses $0

Other Expenses $10,588,659

TOTAL EXPENSES $15,293,658

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,464,642	$16,867,383	+0.2%
Expenses	$15,293,658	$11,709,206	+0.3%
Net Income	$5,170,984	$5,158,177	+0.0%

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

107

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BURNETTE	PRESIDENT CE	45.00	Highest	$240,953	$0	$240,953
WA BYRD	VICE CHAIR	1.00	Director	$0	$0	$0
SHARON CARTER	BOARD DIRECT	1.00	Director	$0	$0	$0
HARRY HANKLA	BOARD DIRECT	1.00	Director	$0	$0	$0
STAN LIVINGSTON	BOARD DIRECT	1.00	Director	$0	$0	$0
RALPH LONG	SECRETARY	1.00	Director	$0	$0	$0
BOB LUX	CHAIRMAN	1.00	Director	$0	$0	$0
BRUCE SISK	BOARD DIRECT	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$20,464,642	$15,293,658	$369,544,000	$5,170,984
2022	$16,867,383	$11,709,206	$359,729,212	$5,158,177
2021	$13,700,591	$10,459,084	$337,573,645	$3,241,507
2020	$12,797,458	$10,254,597	$260,413,667	$2,542,861
2019	$13,019,185	$9,777,727	$198,671,400	$3,241,458
2018	$11,951,480	$8,934,763	$188,718,828	$3,016,717

TELCO COMMUNITY CREDIT UNION