Coosa Valley Credit Union (EIN 580664019) - 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

2017

Legal Domicile

Principal Officer

Andy F Harris President - CEO

Phone

7062358551

Tax Period

2023-01-01 to 2023-12-31

Coosa Valley Credit Union, founded in 2017, is a mid-sized nonprofit that reported $42.5M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $37.8M left a modest 11% surplus.

Mission

Provide savings and lending activities to member owners of the cooperative.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $40,219,842

Investment Income $2,290,433

Other Revenue $36,000

TOTAL REVENUE $42,546,275

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,100,904

Fundraising Expenses $0

Program Expenses $0

Other Expenses $24,683,668

TOTAL EXPENSES $37,784,572

Year-over-Year Comparison

	2023	2022	Change
Revenue	$42,546,275	$34,552,036	+0.2%
Expenses	$37,784,572	$27,431,348	+0.4%
Net Income	$4,761,703	$7,120,688	-0.3%

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

140

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

$3,495,521

Total Directors

$30,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andy F Harris	President/CEO	40	Officer	$626,178	$64,633	$690,811
Guy Chambless	CFO	40	Officer	$318,451	$66,004	$384,455
Saunders Jones III	CLO	40	Officer	$314,905	$56,189	$371,094
A Dawn Harris	COO	40	Officer	$312,872	$27,556	$340,428
Sean G Gauldin	VP of Infomation Technology	40	Officer	$228,637	$24,436	$253,073
Serena L Stevenson	VP HR/Staff Development	40	Officer	$193,561	$31,720	$225,281
Jessica L Newberry	VP of Compliance & Process Development	40	Officer	$185,142	$27,888	$213,030
Sharon R Presley	VP of Operations	40	Officer	$186,860	$25,951	$212,811
Rhonda K Wilson	VP of Indirect Services	40	Officer	$186,127	$20,317	$206,444
Sharon L McAlister	VP of Branch Operations	40	Officer	$188,218	$15,445	$203,663
Stephanie Graves	VP of Marketing	40	Officer	$180,175	$21,259	$201,434
Jacob W Simpson	VP of Continuous Improvement	40	Officer	$184,468	$8,529	$192,997
Sherry D Dunn	Branch Manager	40	Highest	$126,219	$13,109	$139,328
Kimberly R Acrey	Director of Loan Operations	40	Highest	$105,487	$26,235	$131,722
Brett M Hunter	Branch Manager	40	Highest	$115,381	$13,574	$128,955
Dennis G Johnson	Director of Facilities & Maintenance	40	Highest	$117,312	$11,572	$128,884
Robert E Smyth	Internal Communications	40	Highest	$113,531	$11,931	$125,462
Grayson S Bagwell	Branch Manager	40	Highest	$114,981	$10,370	$125,351
Vicki R Thompson	Branch Manager	40	Highest	$106,900	$17,630	$124,530
Mitchell L Sims	Director of Information Systems	40	Highest	$116,012	$6,092	$122,104
David W Hulsey	Branch Manager	40	Highest	$107,716	$10,912	$118,628
Emily H Oyler	Branch Manager	40	Highest	$102,514	$13,041	$115,555
James M Chambers	Accounting Supervisor	40	Highest	$103,863	$11,421	$115,284
Stephanie E Davis	AVP of Operations	40	Highest	$101,784	$11,819	$113,603
Glenn W Williams	Director of Collections	40	Highest	$102,172	$11,207	$113,379
Heather A Lance	Audit Manager	40	Highest	$100,403	$11,717	$112,120
Jennifer A Lipham	Director of Branch Operations - North	40	Highest	$103,977	$7,869	$111,846
Benjamin M Walcher	Programmer Analyst	40	Highest	$101,231	$9,804	$111,035
G Cleveland Hartley	Board Chariman	2	Director	$2,500	$0	$2,500
Kenneth C Duskey	Board Treasurer	2	Director	$2,500	$0	$2,500
Randy Quick	Board Vice Chairman	2	Director	$2,500	$0	$2,500
Richard DiPrima	Board Secretary	1	Director	$2,500	$0	$2,500
Kelly Barnes	Board Member	1	Director	$2,500	$0	$2,500
Chris Brock	Board Member	1	Director	$2,500	$0	$2,500
Matthew Crane	Board Member	1	Director	$2,500	$0	$2,500
Pam Givens	Board Member	1	Director	$2,500	$0	$2,500
Lucian Harris	Board Member	1	Director	$2,500	$0	$2,500
Jenny Shealy	Board Member	1	Director	$2,500	$0	$2,500
Brad Wilson	Board Member	1	Director	$2,500	$0	$2,500
Chad Woods	Board Member	1	Director	$2,500	$0	$2,500

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	No data	No data	No data	No data
2023	$42,546,275	$37,784,572	$633,211,964	$4,761,703
2022	$34,552,036	$27,431,348	$596,907,739	$7,120,688
2021	$27,380,590	$22,037,257	$521,231,072	$5,343,333

Coosa Valley Credit Union