Workmens Circle Credit Union (EIN 586038163) - 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

1950

Legal Domicile

Principal Officer

Chris A Miltiades OfficerDirector

Phone

9123569225

Tax Period

2025-01-01 to 2025-12-31

Workmens Circle Credit Union, founded in 1950, is a community nonprofit in the Public & Societal Benefit sector that reported $7.6M in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.5M, a strong 33% operating margin.

Mission

A credit union serving 1681 members who live or work in Chatham County but do not have another occupational credit union that they may join

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,895,860

Investment Income $734,580

Other Revenue $0

TOTAL REVENUE $7,630,440

Expense Breakdown

Grants Paid $0

Salaries & Benefits $739,544

Fundraising Expenses $0

Program Expenses $5,122,363

Other Expenses $4,382,818

TOTAL EXPENSES $5,122,362

Year-over-Year Comparison

	2025	2024	Change
Revenue	$7,630,440	$6,712,086	+0.1%
Expenses	$5,122,362	$5,349,958	0.0%
Net Income	$2,508,078	$1,362,128	+0.8%

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

N/A

Employees

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
LLOYD GOODMAN	Committee Chairman	0.00	Director	$0	$0	$0
PAUL KULBERSH	Director	0.00	Director	$0	$0	$0
FRED RABHAN	Secretary	0.00	Director	$0	$0	$0
HAROLD YELLIN	Board Chairman	0.00	Director	$0	$0	$0
STEPHEN GREENBERG	Committee Chairman	0.00	Director	$0	$0	$0
GALE HIRSH	Director	0.00	Director	$0	$0	$0
MICHAEL KOODEN	Director	0.00	Director	$0	$0	$0
MICHAEL KARPF	Director	0.00	Director	$0	$0	$0
CHRIS A MILTIADES	President	0.00	Officer Director	$0	$0	$0
FRANK SLOTIN	Director	0.00	Director	$0	$0	$0
MARK S KONTER	DIRECTOR	2.00	Director	$0	$0	$0
DONNA A SMITH	Asst SecretaryEVP	0.00	Officer	$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	$7,630,440	$5,122,362	$135,893,484	$2,508,078
2024	$6,712,086	$5,349,958	$125,874,010	$1,362,128
2023	$5,224,623	$4,596,182	$119,718,974	$628,441
2022	$3,391,934	$1,980,800	$110,795,129	$1,411,134
2021	$2,967,140	$1,501,324	$104,394,807	$1,465,816
2020	$3,086,195	$1,893,019	$93,807,894	$1,193,176
2019	$3,117,586	$1,662,571	$74,605,619	$1,455,015
2018	$2,972,765	$1,432,405	$70,996,116	$1,540,360

Workmens Circle Credit Union