CHEMCO CREDIT UNION

EIN: 630381523

MC INTOSH, AL

Total Revenue
$276,212
Total Expenses
$173,912
Total Assets
$4,884,459
Net Assets
$956,470
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
AL
Phone
2519443297
Tax Period
2024-01-01 to 2024-12-31

CHEMCO CREDIT UNION, founded in 1953, is a small nonprofit that reported $176K in total revenue in fiscal year 2018. Expenses of $155K left a modest 12% surplus.

Mission

LOANS TO MEMBERS

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $276,212
Investment Income $0
Other Revenue $0
TOTAL REVENUE $276,212

Expense Breakdown

Grants Paid $0
Salaries & Benefits $87,823
Fundraising Expenses $0
Program Expenses $173,912
Other Expenses $86,089
TOTAL EXPENSES $173,912

Year-over-Year Comparison

2024 2023 Change
Revenue $276,212 $248,703 +0.1%
Expenses $173,912 $212,897 -0.2%
Net Income $102,300 $35,806 +1.9%
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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
2
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
1
$55,567
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RHONDA GOLDMAN MANAGER 40.00
Officer
$55,567 $0 $55,567
SEAN WORK PRESIDENT 2.00
Director
$0 $0 $0
LINDSEY TAYLOR VICE PRESIDENT 2.00
Director
$0 $0 $0
HAZEL JOHNSTON SECRETARY TREASURER 2.00
Director
$0 $0 $0
JOE REED JR BOARD MEMBER 2.00
Director
$0 $0 $0
JAMES ANDERSON BOARD MEMBER 2.00
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 No data No data No data No data
2024 $276,212 $173,912 $4,884,459 $102,300
2023 $248,703 $212,897 $5,076,745 $35,806
2022 $184,092 $166,683 $5,809,043 $17,409
2021 $152,298 $158,716 $5,537,215 $-6,418
2020 $156,690 $164,332 $5,299,562 $-7,642
2019 $177,383 $147,726 $4,438,551 $29,657
2018 $175,664 $154,929 $5,112,391 $20,735
Explore More Nonprofits
→Top 100 Nonprofits in Alabama →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CHEMCO CREDIT UNION with other nonprofits in Alabama and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.