NATIONAL OILWELL VARCO EMPLOYEES CREDIT UNION (EIN 756027993) - 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

1953

Legal Domicile

Principal Officer

Stacey Adams

Phone

7132441164

Tax Period

2020-01-01 to 2020-12-31

Mission

Statement 1 National Oilwell Varco Employees Credit Union was a cooperative thrift institution incorporated under the provisions of the Texas Credit Union Act for the purpose of encouraging thrift among the credit union members and providing credit at a fair and reasonable rate. National Oilwell Varco Employees Credit Union was a member of the National Credit Union Administration Insurance Fund. The Credit Union was open to employees of National Oilwell Varco, Inc. living and/or working in the United States and Canada, their family members, and retirees. The Credit Union offered products and Services in two primary areas: share (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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	$449,810	-1.0%
Expenses	N/A	$233,236	-1.0%
Net Income	N/A	$216,574	N/A

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

$89,410

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stacey Adams	President Manager	40.00	Officer	$87,859	$1,551	$89,410
Michael Fine	Chairman	2.0	Director	$0	$0	$0
Betty June Hernandez	Vice Chairman	1.00	Director	$0	$0	$0
Edward L Corvin	Treasurer	1.0	Director	$0	$0	$0
Cassandra Chiaro	Secretary	3.0	Director	$0	$0	$0
Vincent J Gillespie	Director	1.0	Director	$0	$0	$0
Karyn E Kramer	Director	1.0	Director	$0	$0	$0
Kimberly A Hebert	Director	1.0	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
2020	No data	No data	No data	No data
2019	$449,810	$233,236	$14,084,266	$216,574
2018	$387,533	$167,108	$15,059,502	$220,425

NATIONAL OILWELL VARCO EMPLOYEES CREDIT UNION