MEMBERS PREFERRED CREDIT UNION (EIN 820288866) - 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

1968

Legal Domicile

Principal Officer

GREG JOHNSON

Phone

2085230090

Tax Period

2024-01-01 to 2024-12-31

MEMBERS PREFERRED CREDIT UNION, founded in 1968, is a community nonprofit that reported $5.1M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 28% operating margin.

Mission

TO PROVIDE CO-OPERATIVE FINANCIAL SERVICES TO MEMBERS.

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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 $4,571,860

Investment Income $508,050

Other Revenue $0

TOTAL REVENUE $5,079,910

Expense Breakdown

Grants Paid $0

Salaries & Benefits $895,830

Fundraising Expenses $0

Other Expenses $2,736,355

TOTAL EXPENSES $3,632,185

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,079,910	$4,101,450	+0.2%
Expenses	$3,632,185	$2,723,190	+0.3%
Net Income	$1,447,725	$1,378,260	+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

$284,927

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALVIN STALDER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MAX BOYCE	VICE CHAIR (THRU 7/24)	0.50	Officer Director	$0	$0	$0
LINDA HOWELL	TREASURER	0.50	Officer Director	$0	$0	$0
JOHN VAN DYCK	SECRETARY	0.50	Officer Director	$0	$0	$0
KIRK DOMAN	DIRECTOR	0.50	Director	$0	$0	$0
BRANDON HART	DIRECTOR	0.50	Director	$0	$0	$0
MONTE LAORANGE	DIRECTOR	0.50	Director	$0	$0	$0
GREG JOHNSON	PRESIDENT/CEO	45.00	Officer	$255,963	$28,964	$284,927
JOSHUA JOHNSON	VP OF LENDING	45.00	Highest	$157,575	$27,854	$185,429

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	$5,079,910	$3,632,185	$55,666,230	$1,447,725
2023	$4,101,450	$2,723,190	$50,515,231	$1,378,260
2022	$3,414,497	$2,387,656	$47,386,036	$1,026,841
2021	$2,783,114	$1,693,235	$44,434,469	$1,089,879
2020	$2,725,909	$1,695,653	$39,913,221	$1,030,256
2019	$2,587,271	$1,679,785	$31,928,279	$907,486
2018	$2,120,803	$1,462,010	$28,649,126	$658,793

MEMBERS PREFERRED CREDIT UNION