ALABAMA TEACHERS CREDIT UNION (EIN 636046132) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1959

Legal Domicile

Principal Officer

JEFF NAPPER

Phone

2565437040

Tax Period

2023-01-01 to 2023-12-31

ALABAMA TEACHERS CREDIT UNION, founded in 1959, is a mid-sized nonprofit that reported $16.1M in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.6M, a strong 16% operating margin.

Mission

COOPERATIVE CREDIT UNION

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $28,308,124

Investment Income $0

Other Revenue $0

TOTAL REVENUE $28,308,124

Expense Breakdown

Grants Paid $134,865

Salaries & Benefits $8,675,744

Fundraising Expenses $0

Program Expenses $24,087,717

Other Expenses $15,277,108

TOTAL EXPENSES $24,087,717

Year-over-Year Comparison

	2023	2022	Change
Revenue	$28,308,124	$23,248,388	+0.2%
Expenses	$24,087,717	$18,657,736	+0.3%
Net Income	$4,220,407	$4,590,652	-0.1%

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

109

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

$1,678,139

Total Directors

$3,814

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR MARTHA LAVENDER	BOARD CHAIRPERSON	1.00	Director	$0	$0	$0
CHUCK RODEN	BOARD MEMBER THRU FEB 2023	1.00	Director	$0	$0	$0
SONNY KIRBY	BOARD VICE CHAIRPERSON	1.00	Director	$0	$0	$0
DR TONY J CATANZARO	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH SAWYER	BOARD SECRETARY/TREASURER	1.00	Director	$0	$0	$0
JOAN LEE	SUPERVISORY COMMITTEE THRU FEB 2023	1.00	Director	$0	$0	$0
DR RONALD T MOSLEY	SUPERVISORY COMMITTEE CHAIR	1.00	Director	$0	$1,267	$1,267
TONY REDDICK	BOARD MEMBER	1.00	Director	$0	$262	$262
EMILY H MILLS	BOARD MEMBER	1.00	Director	$0	$0	$0
DANNY L GOLDEN	SUPERVISORY COMMITTEE MBR	1.00	Director	$0	$2,285	$2,285
RONALD W BILL LOWMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
SABRINA BEVIS	SUPERVISORY COMMITTEE MBR	1.00	Director	$0	$0	$0
RON SUMMERALL	PRESIDENT/CEO	40.00	Officer	$1,421,257	$33,903	$1,455,160
JEFF NAPPER	VICE-PRESIDENT/CFO	40.00	Officer	$196,617	$26,362	$222,979
GINA CHAMBERS	VICE PRESIDENT	40.00	Highest	$156,352	$32,362	$188,714
JD HOLT	FINANCIAL ADVISOR	40.00	Highest	$433,988	$59,178	$493,166
JOEY CLARK	VICE PRESIDENT	40.00	Highest	$126,098	$30,386	$156,484
MIKE SELF	VICE PRESIDENT	40.00	Highest	$172,251	$41,997	$214,248

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
2024	No data	No data	No data	No data
2023	$28,308,124	$24,087,717	$531,369,874	$4,220,407
2022	$23,248,388	$18,657,736	$479,200,439	$4,590,652
2021	$19,350,763	$16,092,963	$477,477,278	$3,257,800
2020	$17,953,564	$15,451,117	$415,803,086	$2,502,447
2019	$18,074,007	$14,948,285	$343,754,148	$3,125,722
2018	$16,132,685	$13,488,181	$302,815,886	$2,644,504

ALABAMA TEACHERS CREDIT UNION