FIRST PRIORITY CREDIT UNION (EIN 750778427) - 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

1930

Legal Domicile

Phone

3256924089

Tax Period

2025-01-01 to 2025-12-31

FIRST PRIORITY CREDIT UNION, founded in 1930, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2025. The organization ran a surplus of $292K, a strong 26% operating margin.

Mission

COOPERATIVE PROVIDER OF CREDIT UNION SERVICES SUCH AS SAVINGS ACCOUNTS AND CONSUMER LOANS

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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 $593,506

Investment Income $523,861

Other Revenue $0

TOTAL REVENUE $1,117,367

Expense Breakdown

Grants Paid $0

Salaries & Benefits $230,125

Fundraising Expenses $0

Other Expenses $594,867

TOTAL EXPENSES $824,992

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,117,367	$1,086,536	+0.0%
Expenses	$824,992	$772,097	+0.1%
Net Income	$292,375	$314,439	-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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHIL FORREST	Director	1.00	Director	$0	$0	$0
JESSIE FICKEL	Director	1.00	Director	$0	$0	$0
STEVEN WILLIAMSON	Chairman	1.00	Officer Director	$0	$0	$0
VAN LIGON	Director	1.00	Director	$0	$0	$0
ERIC MYERS	Director	1.00	Director	$0	$0	$0
JOYCE KIMZEY	Vice Chairman	1.00	Officer Director	$0	$0	$0
JULIE ALLBRIGHT	Director	1.00	Director	$0	$0	$0
TONY LEET	Secretary	1.00	Officer Director	$0	$0	$0
JON HOLDREN	Director	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
2025	$1,117,367	$824,992	$21,550,500	$292,375
2024	No data	No data	No data	No data
2023	$942,857	$723,966	$20,898,324	$218,891
2022	$640,069	$569,797	$20,660,144	$70,272
2021	$655,623	$559,008	$20,646,166	$96,615
2020	$691,816	$540,089	$18,660,365	$151,727
2019	$657,393	$572,541	$16,274,160	$84,852
2018	$631,406	$553,113	$15,814,597	$78,293

FIRST PRIORITY CREDIT UNION