FIRST CENTRAL CREDIT UNION (EIN 741137995) - 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

1937

Legal Domicile

Principal Officer

JO BETSY TYLER

Phone

2547769333

Tax Period

2024-01-01 to 2024-12-31

FIRST CENTRAL CREDIT UNION, founded in 1937, is a mid-sized nonprofit that reported $16.2M in total revenue in fiscal year 2024. Expenses of $14.6M left a modest 10% surplus.

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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 $13,765,277

Investment Income $1,900,237

Other Revenue $545,866

TOTAL REVENUE $16,211,380

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,526,815

Fundraising Expenses $0

Program Expenses $0

Other Expenses $10,079,748

TOTAL EXPENSES $14,606,563

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,211,380	$15,479,340	+0.0%
Expenses	$14,606,563	$11,738,290	+0.2%
Net Income	$1,604,817	$3,741,050	-0.6%

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

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

$362,849

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JO BETSY TYLER	PRESIDENT/CEO	40	Officer	$347,628	$15,221	$362,849
SHELLI McCOY	CHIEF RETAIL OFFICER	40	Highest	$147,445	$16,383	$163,828
RACHAEL BOSSE	SENIOR LENDING MANAGER	40	Highest	$140,337	$16,341	$156,678
ORLANDO RODRIGUEZ JR	SENIOR ACCOUNTING AND IT MANAGER	40	Highest	$130,886	$15,466	$146,352
LINDA GUNN	SENIOR HR & TRAINING MANAGER	40	Highest	$101,514	$14,158	$115,672
NICHOLAS COOK	SENIOR IT MANAGER	40	Highest	$100,484	$14,115	$114,599
LORI ALAMBAR	CHAIRMAN	1	Director	$0	$0	$0
VICKI DECKARD	VICE-CHAIRMAN	1	Director	$0	$0	$0
CHERYL GRAVES	SECRETARY/TREASURER	1	Director	$0	$0	$0
ELIO SMYTHE	DIRECTOR	1	Director	$0	$0	$0
DAN DENT	DIRECTOR	1	Director	$0	$0	$0
JOSHUA REYES	DIRECTOR	1	Director	$0	$0	$0
GLENN WILLIAMSON	DIRECTOR	1	Director	$0	$0	$0
LORI DELEON	DIRECTOR	1	Director	$0	$0	$0
ASIA HOWARD	DIRECTOR	1	Director	$0	$0	$0
RONNIE JONES	DIRECTOR	1	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
2024	$16,211,380	$14,606,563	$168,623,164	$1,604,817
2023	$15,479,340	$11,738,290	$166,079,617	$3,741,050
2022	$11,296,325	$9,450,076	$148,590,492	$1,846,249
2021	$12,212,863	$9,860,833	$142,192,635	$2,352,030
2021	$12,212,863	$9,860,833	$142,192,635	$2,352,030
2020	$10,064,237	$7,841,684	$122,786,509	$2,222,553

FIRST CENTRAL CREDIT UNION