MUNICIPAL EMPLOYEES CREDIT UNION OF OKC (EIN 730366010) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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

Financial Trends

Organization Details

Formation Year

1934

Legal Domicile

Principal Officer

TROY HOOBLER

Phone

4058135500

Tax Period

2024-01-01 to 2024-12-31

MUNICIPAL EMPLOYEES CREDIT UNION OF OKC, founded in 1934, is a community nonprofit that reported $9.2M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

MUNICIPAL EMPLOYEES CREDIT UNION OF OKC PROVIDES PRUDENT AND PRODUCTIVE FINANCIAL SERVICES TO OUR MEMBERSHIP WHILE MAINTAINING A SOUND FINANCIAL INSTITUTION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,893,446

Investment Income $1,305,260

Other Revenue $2,035,618

TOTAL REVENUE $9,234,324

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,233,540

Fundraising Expenses $0

Other Expenses $5,750,696

TOTAL EXPENSES $8,984,236

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,234,324	$8,215,604	+0.1%
Expenses	$8,984,236	$8,297,476	+0.1%
Net Income	$250,088	$-81,872	-4.1%

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

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

$389,797

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILEY WILLIAMS	CHAIRMAN	0.50	Director	$0	$0	$0
DEXTER NELSON	VICE CHAIRMAN	0.50	Director	$0	$0	$0
JOEVAN BULLARD	BOARD TREASURER	0.50	Director	$0	$0	$0
JOSE HERNANDEZ	BOARD SECRETARY	0.50	Director	$0	$0	$0
RENITA CRUMP	BOARD MEMBER	0.50	Director	$0	$0	$0
TOMMY FOSKIN	BOARD MEMBER	0.50	Director	$0	$0	$0
RANDY SCOTT	BOARD MEMBER	0.50	Director	$0	$0	$0
WB SMITH	BOARD MEMBER	0.50	Director	$0	$0	$0
LASHAWN THOMPSON	BOARD MEMBER	0.50	Director	$0	$0	$0
JOHN CUMMINGS	PRESIDENT/CEO	40.00	Officer	$210,710	$16,129	$226,839
JE'NEIL TORRES	SR. VICE PRESIDENT OF FINANCE	40.00	Officer	$146,508	$16,450	$162,958
ADONA HATFIELD	VICE PRESIDENT OF COMPLIANCE	40.00	Highest	$130,489	$11,923	$142,412

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	$9,234,324	$8,984,236	$165,063,363	$250,088
2023	$8,215,604	$8,297,476	$162,292,328	$-81,872
2022	$7,876,374	$8,638,172	$165,134,391	$-761,798
2021	$8,320,796	$7,333,394	$171,090,229	$987,402
2020	$8,421,074	$7,548,327	$162,391,234	$872,747
2019	$8,885,113	$8,736,392	$154,164,642	$148,721
2018	$9,179,323	$8,401,535	$153,464,404	$777,788

MUNICIPAL EMPLOYEES CREDIT UNION OF OKC