TEXAS DOW EMPLOYEES CREDIT UNION (EIN 741260543) - 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

1955

Legal Domicile

Principal Officer

ISAAC JOHNSON

Phone

9792485633

Tax Period

2024-01-01 to 2024-12-31

TEXAS DOW EMPLOYEES CREDIT UNION, founded in 1955, is a major nonprofit that reported $357.9M in total revenue in fiscal year 2024.

Mission

INCREASE ECONOMIC WELL-BEING OF OUR MEMBERS THROUGH NOT-FOR-PROFIT, COOPERATIVE FINANCIAL SERVICES.

🔒

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 $303,568,991

Investment Income $19,219,070

Other Revenue $35,154,285

TOTAL REVENUE $357,942,346

Expense Breakdown

Grants Paid $665,000

Salaries & Benefits $98,067,869

Fundraising Expenses $0

Other Expenses $252,580,160

TOTAL EXPENSES $351,313,029

Year-over-Year Comparison

	2024	2023	Change
Revenue	$357,942,346	$348,738,510	+0.0%
Expenses	$351,313,029	$315,843,296	+0.1%
Net Income	$6,629,317	$32,895,214	-0.8%

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

1070

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

$2,535,416

Total Directors

$1,570,328

Key Employees

$4,567,089

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM CHIBIB	BOD MEMBER	2.50	Director	$75,500	$0	$75,500
DANIEL L BUCHE	BOD VICE CHAIRPERSON	2.50	Director	$73,340	$0	$73,340
DAVID SIKORA	BOD MEMBER	5.00	Director	$481,000	$0	$481,000
EDWARD L ZINGLEMAN	BOD TREASURER	2.50	Director	$66,249	$0	$66,249
ELIZABETH RICHMOND KILLINGER	BOD MEMBER	2.50	Director	$89,500	$0	$89,500
GREGORY MONTANA	BOD MEMBER	2.50	Director	$110,542	$0	$110,542
IRAK ULISES ROSAS	BOD MEMBER	2.50	Director	$16,000	$0	$16,000
JACK M ANTONINI	HOLDINGS BOARD MEMBER	1.00	Director	$21,687	$0	$21,687
LAVONNE BURKE	BOD MEMBER	2.50	Director	$66,500	$0	$66,500
LYNDEN B ROSE	BOD MEMBER	2.50	Director	$90,500	$0	$90,500
PEGGY MILTENBERGER	BOD MEMBER	2.50	Director	$143,500	$0	$143,500
ROBERT B BALDWIN III	HOLDINGS BOARD MEMBER	1.00	Director	$23,773	$0	$23,773
ROLAND K HENDRICKS	BOD CHAIRPERSON	2.50	Director	$96,237	$0	$96,237
JEFFREY R HARDER	BOD MEMBER	2.50	Director	$6,000	$0	$6,000
DICK SMITH	BOD MEMBER	2.50	Director	$120,000	$0	$120,000
FRANK COE	BOD MEMBER	2.50	Director	$90,000	$0	$90,000
ISAAC JOHNSON	PRESIDENT AND CHIEF EXECUTIVE OFFICER	40.00	Officer	$1,151,863	$584,617	$1,736,480
JASON SCHNEIDER	CHIEF FINANCE OFFICER	40.00	Officer	$531,318	$267,618	$798,936
JOSE DELGADO	CHIEF BANKING OFFICER	40.00	Key Emp	$785,012	$36,137	$821,149
ASHISH CHOPRA	CHIEF INFORMATION AND TECHNOLOGY OFFICER	40.00	Key Emp	$536,836	$112,741	$649,577
MICHAEL MASSEY	HOLDINGS PRESIDENT AND SVP TDECU	1.00	Key Emp	$496,659	$246,554	$743,213
QIARA SUGGS	CHIEF HUMAN CAPITAL OFFICER	40.00	Key Emp	$455,928	$238,984	$694,912
APARNA DAVE	CHIEF LEGAL OFFICER	40.00	Key Emp	$423,637	$133,219	$556,856
SHEILUDIS MOYETT	CHIEF MARKETING AND DIGITAL OFFICER	40.00	Key Emp	$406,569	$219,529	$626,098
JOSHUA BRIAN	CHIEF GROWTH OFFICER	40.00	Key Emp	$350,978	$124,306	$475,284
ANTHONY WARDEN	SVP - MEMBER EXPERIENCE	40.00	Highest	$387,501	$198,706	$586,207
SETH PAYNE	VP - ASSOCIATE GENERAL COUNSEL - LITIGATION	40.00	Highest	$343,975	$56,097	$400,072
JANET PRUITT	CHIEF AUDIT OFFICER	40.00	Highest	$361,413	$66,629	$428,042
BRANDY PHILLIPS	SVP - OPERATIONS	40.00	Highest	$333,325	$147,176	$480,501
PAUL WATSON	SVP - COMMERCIAL LENDING	40.00	Highest	$342,449	$107,647	$450,096

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	$357,942,346	$351,313,029	$4,768,473,410	$6,629,317
2023	$348,738,510	$315,843,296	$4,690,360,790	$32,895,214
2022	$305,738,994	$271,712,823	$4,701,048,632	$34,026,171
2021	$289,213,501	$230,353,112	$4,542,030,485	$58,860,389
2020	$275,897,727	$245,395,267	$4,100,727,242	$30,502,460
2019	$249,289,906	$223,922,268	$3,609,955,686	$25,367,638
2018	$218,948,213	$183,663,255	$3,269,360,348	$35,284,958

TEXAS DOW EMPLOYEES CREDIT UNION