Education Credit Union

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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

1935

Legal Domicile

Phone

8063587777

Tax Period

2025-01-01 to 2025-12-31

Education Credit Union, founded in 1935, is a mid-sized nonprofit that reported $43.5M in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $40.4M left a modest 7% surplus.

Mission

To be the preferred financial services provider for our membership

Program Service Accomplishments

Program 1

ECU offers its members federally isured certificates of deposit at competitive rates.

Program 2

ECU offers share and deposit products that include savings, checking, health savings, and money market accounts.

Program 3

ECU offers IRA products that are federally insured up to $250,000 per depositor, at competitive rates

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $27,966,708

Investment Income $4,071,555

Other Revenue $11,444,024

TOTAL REVENUE $43,482,287

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,265,229

Fundraising Expenses $0

Other Expenses $27,090,210

TOTAL EXPENSES $40,355,439

Year-over-Year Comparison

	2025	2024	Change
Revenue	$43,482,287	$39,847,189	+0.1%
Expenses	$40,355,439	$41,557,873	0.0%
Net Income	$3,126,848	$-1,710,684	-2.8%

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

206

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

Total Directors

Key Employees

$2,632,710

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Linda Purdy	Chairman	1.00	Officer Director	$0	$0	$0
Steve West	Vice Chair	1.00	Officer Director	$0	$0	$0
Quince Cogburn	Treasurer	1.00	Officer Director	$0	$0	$0
Bionca Tomlinson	Director	1.00	Director	$0	$0	$0
Jimmy Marrs	Director	1.00	Director	$0	$0	$0
Kent Hargis	Director	1.00	Director	$0	$0	$0
Mark Snyder	Director	1.00	Director	$0	$0	$0
Duane Chapman	Director	1.00	Director	$0	$0	$0
Daniel Coward	Director	1.00	Director	$0	$0	$0
Marcus Smith	CEO	40.00	Key Emp	$928,878	$48,268	$977,146
Claudia Burkett	President - Canyon	40.00	Key Emp	$432,526	$31,623	$464,149
Jen Ufford	SVP Member Exp	40.00	Key Emp	$156,485	$24,412	$180,897
Michelle Wilson	SVP of HR	1.00	Key Emp	$181,916	$19,378	$201,294
Adrian Aleandre	SVP of Lending	40.00	Key Emp	$181,916	$19,378	$201,294
Amy Hamilton	VP Lending	40.00	Key Emp	$151,977	$22,296	$174,273
Ty Cox	CFO	40.00	Key Emp	$179,768	$20,142	$199,910
William Glass	COO	40.00	Key Emp	$204,832	$28,915	$233,747
Johnny Harris	SVP of Learning & Dev.	40.00	Highest	$124,934	$19,611	$144,545
Matthew Stuart	Mortgage Loan Org	40.00	Highest	$123,079	$20,752	$143,831
Elizabeth Ashe	VP Special Projects	40.00	Highest	$120,232	$20,889	$141,121
Joseph Cowden	Direcor of IT	40.00	Highest	$110,459	$19,473	$129,932
Brittnie Aguirre	Mortgage Manager	40.00	Highest	$109,140	$19,390	$128,530

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
2025	$43,482,287	$40,355,439	$476,791,783	$3,126,848
2024	$39,847,189	$41,557,873	$467,761,389	$-1,710,684
2023	$37,228,551	$36,435,953	$477,792,609	$792,598
2022	$29,329,321	$26,581,499	$421,777,858	$2,747,822
2021	$24,947,784	$20,987,764	$372,921,593	$3,960,020
2020	$22,720,383	$20,709,413	$330,438,723	$2,010,970
2019	$22,634,978	$19,952,663	$278,059,406	$2,682,315
2018	$20,795,991	$18,954,260	$258,385,037	$1,841,731