PEOPLES CREDIT UNION (EIN 726018551) - 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

1942

Legal Domicile

Principal Officer

JEFFREY BOUILLION

Phone

3373932495

Tax Period

2024-01-01 to 2024-12-31

PEOPLES CREDIT UNION, founded in 1942, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Net assets of $4.6M represent 49 months of operating reserves.

Mission

TO ENCOURAGE THRIFT AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT AT FAIR AND REASONABLE RATES OF INTEREST AND PROVIDING OTHER FINANCIAL SERVICES FOR ITS MEMBERS

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $845,537

Investment Income $268,670

Other Revenue $0

TOTAL REVENUE $1,114,207

Expense Breakdown

Grants Paid $0

Salaries & Benefits $252,002

Fundraising Expenses $0

Program Expenses $887,257

Other Expenses $838,856

TOTAL EXPENSES $1,090,858

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,114,207	$932,202	+0.2%
Expenses	$1,090,858	$887,172	+0.2%
Net Income	$23,349	$45,030	-0.5%

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

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

Total Directors

Key Employees

$67,677

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TINA SIMON	MANAGER	40.00	Key Emp	$67,677	$0	$67,677
RHONDA BROUSSARD	DIRECTOR	0.00	Director	$0	$0	$0
MICHAEL REYNOLDS	DIRECTOR	0.00	Director	$0	$0	$0
JAMES FONTENOT	DIRECTOR	0.00	Director	$0	$0	$0
JARROD GARDINER	DIRECTOR	0.00	Director	$0	$0	$0
JEFFREY BOUILLION	CHAIRMAN	0.00	Officer	$0	$0	$0
KEITH CAHANIN	SECRETARY	0.00	Officer	$0	$0	$0
RYNESS LEBLANC	VICE-CHAIRMAN	0.00	Officer	$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
2024	$1,114,207	$1,090,858	$23,581,145	$23,349
2023	$932,202	$887,172	$24,512,812	$45,030
2022	$717,439	$714,745	$25,739,422	$2,694
2021	$842,980	$701,684	$26,637,248	$141,296
2020	$896,881	$795,193	$25,496,774	$101,688
2019	$835,654	$793,470	$23,560,424	$42,184
2018	$779,524	$709,462	$23,965,575	$70,062

PEOPLES CREDIT UNION