FIRST CHOICE COMMUNITY CREDIT UNION (EIN 620207975) - 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

CARISA CHITWOOD

Phone

8656370112

Tax Period

2025-01-01 to 2025-12-31

FIRST CHOICE COMMUNITY CREDIT UNION, founded in 1934, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2025. Expenses of $2.4M left a modest 11% surplus.

Mission

STATE CHARTERED CREDIT UNION MUTUALLY OWNED BY OUR 3,608 MEMBERS, TO PROMOTE THRIFT, ISSUE SHARES AND MAINTAIN ACCOUNTS, AND MAKE LOANS TO OUR MEMBERS. FUNDS NOT NEEDED FOR LIQUIDITY OR FOR LOANS ARE TEMPORARILY INVESTED.

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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 $2,678,925

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,678,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $807,743

Fundraising Expenses $0

Program Expenses $2,373,131

Other Expenses $1,353,493

TOTAL EXPENSES $2,373,131

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,678,925	$2,484,685	+0.1%
Expenses	$2,373,131	$1,975,888	+0.2%
Net Income	$305,794	$508,797	-0.4%

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

$145,954

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARISA CHITWOOD	CEO	40.00	Officer	$135,544	$10,410	$145,954
JOHN RETINGER	BOARD MEMBER	1.00	Director	$0	$0	$0
JASON MURRELL	BOARD MEMBER	1.00	Director	$0	$0	$0
JASON HAGGARD	BOARD MEMBER	1.00	Director	$0	$0	$0
BRENDA DEPOILLY	BOARD MEMBER	1.00	Director	$0	$0	$0
TIM FORD	BOARD MEMBER	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	$2,678,925	$2,373,131	$48,756,598	$305,794
2024	$2,484,685	$1,975,888	$48,717,901	$508,797
2023	$2,086,607	$1,738,858	$46,743,763	$347,749
2022	$2,083,179	$1,683,245	$49,131,715	$399,934
2021	$1,528,915	$1,597,066	$47,507,286	$-68,151
2020	$1,656,543	$1,643,336	$43,942,979	$13,207
2019	$1,834,349	$1,743,639	$37,059,488	$90,710
2018	$1,751,745	$1,669,786	$36,221,658	$81,959

FIRST CHOICE COMMUNITY CREDIT UNION