EDINBURG TEACHERS CREDIT UNION (EIN 741279052) - 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

1955

Legal Domicile

Principal Officer

MARY CARPENTER

Phone

9562593511

Tax Period

2024-01-01 to 2024-12-31

EDINBURG TEACHERS CREDIT UNION, founded in 1955, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2024. Expenses of $3.0M left a modest 13% surplus.

Mission

FINANCIAL INSTITUTION PROVIDES BASIC FINANCIAL SERVICES TO MEMBERS IN THE FORM OF CHECKING, SAVINGS AND CERTIFICATE ACCOUNTS, IRAS, AND LOANS (SIGNATURE AND VEHICLE). THE CREDIT UNION ALSO PROVIDES CONVENIENCE SERVICES SUCH AS ONLINE BANKING, TELEPHONE BANKING, MONEY ORDERS AND TRAVELER'S CHECKS.

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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 $1,821,797

Investment Income $1,573,210

Other Revenue $0

TOTAL REVENUE $3,395,007

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,484,200

Fundraising Expenses $0

Other Expenses $1,484,003

TOTAL EXPENSES $2,968,203

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,395,007	$3,397,260	0.0%
Expenses	$2,968,203	$2,948,570	+0.0%
Net Income	$426,804	$448,690	0.0%

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

$297,230

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY CARPENTER	CEO	40.00	Officer	$197,360	$0	$197,360
LAURA VAZQUEZ	CFO	40.00	Officer	$99,870	$0	$99,870
OFELIA ABREGO	VICE CHAIRPE	1.00	Director	$0	$0	$0
JULIE GARZA	TREASURER	1.00	Director	$0	$0	$0
MARIA E OVALLE	SECRETARY	1.00	Director	$0	$0	$0
FRANCIS ROCHA	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT TAMEZ	CHAIRPERSON	1.00	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	$3,395,007	$2,968,203	$90,206,871	$426,804
2023	$3,397,260	$2,948,570	$92,086,437	$448,690
2022	$3,580,886	$3,164,922	$96,360,161	$415,964
2021	$1,675,871	$4,246,009	$103,589,464	$-2,570,138
2020	$3,381,659	$2,688,937	$106,218,445	$692,722
2019	$3,616,683	$2,841,599	$97,357,781	$775,084
2018	$3,359,762	$2,685,450	$94,867,540	$674,312

EDINBURG TEACHERS CREDIT UNION