CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION (EIN 740842651) - 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

1931

Legal Domicile

Principal Officer

ELMA SCHWING

Phone

3618885871

Tax Period

2023-01-01 to 2023-12-31

CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION, founded in 1931, is a small nonprofit that reported $985K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $276K, a strong 28% operating margin.

Mission

TO ENCOURAGE THRIFT AMOUNT MEMBERS, PROVIDING CREDIT AT FAIR AND REASONABLE RATES, AND PROVIDING AN OPPORTUNITY FOR MEMBERS TO IMPROVE THEIR ECONOMIC CONDITION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $753,336

Investment Income $231,287

Other Revenue $0

TOTAL REVENUE $984,623

Expense Breakdown

Grants Paid $0

Salaries & Benefits $349,908

Fundraising Expenses $0

Program Expenses $708,935

Other Expenses $359,027

TOTAL EXPENSES $708,935

Year-over-Year Comparison

	2023	2022	Change
Revenue	$984,623	$851,349	+0.2%
Expenses	$708,935	$692,172	+0.0%
Net Income	$275,688	$159,177	+0.7%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD TORRES	BOARD CHAIR	0.50	Officer Director	$0	$0	$0
PAUL TERRAZAS	VICE CHAIR	0.50	Officer Director	$0	$0	$0
ROGELIO REYNA	SECRETARY	0.50	Officer Director	$0	$0	$0
RUDY DOMINGUEZ	TREASURER	0.50	Officer Director	$0	$0	$0
ROBERT LERMA JR	BOARD MEMBER	0.50	Director	$0	$0	$0
MATTHEW BARRETT	BOARD MEMBER	0.50	Director	$0	$0	$0
JOSE R GARCIA	BOARD MEMBER	0.50	Director	$0	$0	$0
JOHN A GARCIA	BOARD MEMBER	0.50	Director	$0	$0	$0
ELMA SCHWING	MANAGER/CEO	40.00	Highest	$135,225	$0	$135,225

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	$984,623	$708,935	$15,546,616	$275,688
2022	$851,349	$692,172	$15,474,830	$159,177
2021	$803,360	$791,406	$15,408,468	$11,954
2020	$766,560	$723,727	$16,457,500	$42,833
2019	$866,092	$841,520	$15,306,238	$24,572
2018	$816,568	$774,313	$14,697,169	$42,255

CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION