Pompano Beach, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Pompano Beach City Employees Credit Union, founded in 1956, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024. Expenses of $2.1M left a modest 6% surplus.
Pompano Beach Employees Credit Union is a nonprofit cooperative, financial institution organized to promote thrift and provide credit to members at better rates than those available from other sources.
Interest is charged at market rates to members to provide revenue to pay for the cost of funds.
Fees and charges are assessed to members for financial servicees. These feesgenerate the revenue neccessary to pay the costs to pay for these services.
Earnings from the investments. The excess of funds received from members over the amount loaned to members, as well as accumulated surplus , is invested insecurities allowed by NCUA, and the credit...
Earnings from the investments. The excess of funds received from members over the amount loaned to members, as well as accumulated surplus , is invested insecurities allowed by NCUA, and the credit union's governing documents.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,270,763 | $2,228,264 | +0.0% |
| Expenses | $2,132,319 | $2,008,060 | +0.1% |
| Net Income | $138,444 | $220,204 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Nanette Collette | CEO | 40 |
Officer
Key Emp
Highest
|
$160,536 | $14,117 | $174,653 |
| Catherine Hollingsworth | Branch Manager | 40 |
Highest
|
$115,540 | $18,200 | $133,740 |
| Linda Smith | Loan Officer | 40 |
Highest
|
$112,016 | $8,855 | $120,871 |
| Michael Deberry | President | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Frankie Chevere | Vice President | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Kerry Justice | Treasurer | 5 |
Director
|
$0 | $0 | $0 |
| Mary Pritchard | Secretary | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Robert Brantley | Board Member | 5 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,270,763 | $2,132,319 | $29,776,230 | $138,444 |
| 2023 | $2,228,264 | $2,008,060 | $30,430,640 | $220,204 |
| 2022 | $1,809,184 | $1,485,697 | $30,364,295 | $323,487 |
| 2021 | $1,517,969 | $1,311,738 | $27,603,729 | $206,231 |
| 2020 | $1,489,109 | $1,292,511 | $24,232,635 | $196,598 |
| 2019 | $1,528,400 | $1,140,210 | $21,649,810 | $388,190 |
| 2018 | $1,520,991 | $1,244,311 | $21,651,486 | $276,680 |
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