C & O UNITED CREDIT UNION (EIN 610925915) - 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

1929

Legal Domicile

Principal Officer

JUDY HESTER

Phone

8593313447

Tax Period

2020-01-01 to 2020-12-31

C & O UNITED CREDIT UNION, founded in 1929, is a small nonprofit that reported $605K in total revenue in fiscal year 2020. Revenue decreased 20% compared to the prior year. Net assets of $1.9M represent 38 months of operating reserves.

Mission

C & O UNITED CREDIT UNION IS A NON-PROFIT, MEMBER OWNED FINANCIAL INSTITUTION. OUR MISSION IS TO PROVIDE FINANCIAL SERVICES AT A REASONABLE COST. SIGNIFICANT ACTIVITIES ARE MAKING LOANS TO AND HOLD DEPOSIT ACCOUNT FOR OUR MEMBERS. WE OFFER COMMONLY REQUESTED SERVICES TOO.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $411,292

Investment Income $193,277

Other Revenue $0

TOTAL REVENUE $604,569

Expense Breakdown

Grants Paid $0

Salaries & Benefits $256,172

Fundraising Expenses $0

Program Expenses $0

Other Expenses $333,315

TOTAL EXPENSES $589,487

Year-over-Year Comparison

	2020	2019	Change
Revenue	$604,569	$754,622	-0.2%
Expenses	$589,487	$693,060	-0.1%
Net Income	$15,082	$61,562	-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

Employees

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

$51,243

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE COOPER	CEO	50	Officer	$51,243	$0	$51,243
JEFF POHLMAN	CHAIRPERSON	2.50	Director	$0	$0	$0
WILLIAM NEU	VICE CHAIRPERSON	1.50	Director	$0	$0	$0
MARY ALEXANDER	SECRETARY	1.50	Director	$0	$0	$0
STEVE MONTGOMERY	TREASURER	1.50	Director	$0	$0	$0
CHRIS BRYANT	DIRECTOR	0.75	Director	$0	$0	$0
ANGELA TUBESING	DIRECTOR	0.75	Director	$0	$0	$0
BRANDON HAMILTON	DIRECTOR	0.75	Director	$0	$0	$0
BRYAN BISHOP	SUPERVISORY COMMITTEE	0.75	Director	$0	$0	$0
BILL HOWARD	SUPERVISORY COMMITTEE	1.50	Director	$0	$0	$0
DYAN PRICE	SUPERVISORY COMMITTEE	0.75	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
2020	$604,569	$589,487	$19,325,920	$15,082
2019	$754,622	$693,060	$17,263,469	$61,562
2018	$719,103	$631,164	$16,113,825	$87,939

C & O UNITED CREDIT UNION