MEMBERS FIRST CREDIT UNION (EIN 741142836) - 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

1938

Legal Domicile

Principal Officer

PAUL BESSE

Phone

3619916178

Tax Period

2024-01-01 to 2024-12-31

MEMBERS FIRST CREDIT UNION, founded in 1938, is a community nonprofit that reported $9.5M in total revenue in fiscal year 2024. The organization ran a surplus of $2.4M, a strong 25% operating margin.

Mission

PROVIDE FINANCIAL SERVICES TO OUR MEMBER/OWNERS.

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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 $7,221,422

Investment Income $2,306,873

Other Revenue $0

TOTAL REVENUE $9,528,295

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,717,703

Fundraising Expenses $0

Program Expenses $7,161,544

Other Expenses $4,443,841

TOTAL EXPENSES $7,161,544

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,528,295	$9,038,151	+0.1%
Expenses	$7,161,544	$6,387,846	+0.1%
Net Income	$2,366,751	$2,650,305	-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

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

$329,530

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUTHER HIGHT	CHAIRMAN	1.00	Director	$0	$0	$0
CURTIS REEVES	VICE-CHAIRMAN	1.00	Director	$0	$0	$0
RAY ALMAGUER	SECRETARY/TREASURER	1.00	Director	$0	$0	$0
MANUEL ESQUIVEL III	DIRECTOR	1.00	Director	$0	$0	$0
SABRA MORLAN	DIRECTOR	1.00	Director	$0	$0	$0
SAM SHORES	DIRECTOR	1.00	Director	$0	$0	$0
MARK KULWICKI	DIRECTOR	1.00	Director	$0	$0	$0
WANDA MUESSEL	CEO	40.00	Officer	$210,512	$0	$210,512
PAUL BESSE	CFO	40.00	Officer	$119,018	$0	$119,018

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	$9,528,295	$7,161,544	$180,767,268	$2,366,751
2023	$9,038,151	$6,387,846	$175,245,593	$2,650,305
2022	$7,706,314	$5,022,619	$173,689,389	$2,683,695
2021	$7,108,713	$4,476,194	$171,256,140	$2,632,519
2020	$6,696,514	$4,436,674	$151,740,735	$2,259,840
2019	$7,192,820	$4,693,350	$130,672,860	$2,499,470
2018	$6,874,634	$5,183,324	$127,660,981	$1,691,310

MEMBERS FIRST CREDIT UNION