IDAHO UNITED CREDIT UNION (EIN 820343410) - 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

1978

Legal Domicile

Principal Officer

NICK MCGHEE

Phone

2083882138

Tax Period

2023-01-01 to 2023-12-31

IDAHO UNITED CREDIT UNION, founded in 1978, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $662K, a strong 19% operating margin.

Mission

TO OPERATE WITHOUT PROFIT AND TO PROVIDE RESERVE FUNDS FOR LOANS TO MEMBERS AT REASONABLE 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,155,433

Investment Income $249,023

Other Revenue $0

TOTAL REVENUE $3,404,456

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,090,705

Fundraising Expenses $0

Other Expenses $1,652,010

TOTAL EXPENSES $2,742,715

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,404,456	$2,772,421	+0.2%
Expenses	$2,742,715	$1,953,103	+0.4%
Net Income	$661,741	$819,318	-0.2%

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

$148,055

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICK MCGHEE	PRESIDENT/CE	40.00	Officer	$112,148	$35,907	$148,055
CAMILLE CEGNAR	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD HAHN	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
JASON HUSZAR	BOARD MEMBER	1.00	Director	$0	$0	$0
RONALD MEYERS	VICE CHAIRPE	1.00	Officer Director	$0	$0	$0
BRITTANY NIXON	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE POLITO	TREASURER	1.00	Officer Director	$0	$0	$0
MELODY SANFORD	SECRETARY	1.00	Officer 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
2024	No data	No data	No data	No data
2023	$3,404,456	$2,742,715	$64,587,189	$661,741
2022	$2,772,421	$1,953,103	$55,583,381	$819,318
2021	$2,306,698	$1,705,579	$48,454,365	$601,119
2020	$2,174,054	$1,854,626	$41,255,992	$319,428
2019	$2,070,581	$1,888,097	$37,046,204	$182,484
2018	$2,038,294	$1,715,533	$36,109,044	$322,761

IDAHO UNITED CREDIT UNION