Cabot Community Credit Union

EIN: 750887815

Pampa, TX

Total Revenue
$3,017,357
Total Expenses
$2,284,402
Total Assets
$41,994,919
Net Assets
$41,846,933
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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
1931
Legal Domicile
TX
Principal Officer
Carrie Kirkland
Phone
8066550847
Tax Period
2025-01-01 to 2025-12-31

Cabot Community Credit Union, founded in 1931, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2025. The organization ran a surplus of $733K, a strong 24% operating margin.

Mission

To provide all members with competitively priced financial services

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,050,081
Investment Income $454,086
Other Revenue $513,190
TOTAL REVENUE $3,017,357

Expense Breakdown

Grants Paid $0
Salaries & Benefits $608,318
Fundraising Expenses $0
Other Expenses $1,676,084
TOTAL EXPENSES $2,284,402

Year-over-Year Comparison

2025 2024 Change
Revenue $3,017,357 $2,979,567 +0.0%
Expenses $2,284,402 $1,978,305 +0.2%
Net Income $732,955 $1,001,262 -0.3%
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

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Governance

Voting Members
7
Independent Members
7
Employees
11
Volunteers
7

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
5
$130,912
Total Directors
10
$130,912
Key Employees
2
$130,912
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kurt Hirschler Chairman 1.00
Officer Director
$0 $0 $0
Joel Palmateer Vice Chairman 1.00
Officer Director
$0 $0 $0
Melody Oliphant Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Leona Wills Director 1.00
Director
$0 $0 $0
Denise Locknane Director 1.00
Director
$0 $0 $0
James Allen Director 1.00
Director
$0 $0 $0
Susan Ferguson Director 1.00
Director
$0 $0 $0
Jimmye Cole Director 1.00
Director
$0 $0 $0
Debra Howell Former CEO 40.00
Officer Director Key Emp
$68,935 $0 $68,935
Carrie Kirkland CEO 40.00
Officer Director Key Emp
$61,977 $0 $61,977
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 $3,017,357 $2,284,402 $41,994,919 $732,955
2024 $2,979,567 $1,978,305 $39,830,246 $1,001,262
2023 $2,807,809 $1,860,249 $40,203,147 $947,560
2022 $2,096,070 $1,810,511 $39,455,706 $285,559
2021 $2,048,419 $1,208,157 $40,650,695 $840,262
2020 $2,160,159 $1,853,330 $36,606,937 $306,829
2019 $2,290,266 $2,364,472 $33,494,678 $-74,206
2018 $2,254,219 $2,170,258 $32,513,762 $83,961
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