SOOPER CREDIT UNION (EIN 840419976) - 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

1951

Legal Domicile

Principal Officer

DANIEL KESTER

Phone

3034275005

Tax Period

2023-01-01 to 2023-12-31

SOOPER CREDIT UNION, founded in 1951, is a mid-sized nonprofit that reported $42.6M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.8M, a strong 18% operating margin.

Mission

TO IMPROVE OUR COMMUNITIES' QUALITY OF LIFE BY ENHANCING OUR MEMBERS' FINANCIAL WELL-BEING.

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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 $40,714,713

Investment Income $1,840,409

Other Revenue $15,612

TOTAL REVENUE $42,570,734

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,875,911

Fundraising Expenses $0

Other Expenses $21,880,768

TOTAL EXPENSES $34,756,679

Year-over-Year Comparison

	2023	2022	Change
Revenue	$42,570,734	$32,901,529	+0.3%
Expenses	$34,756,679	$23,726,735	+0.5%
Net Income	$7,814,055	$9,174,794	-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

N/A

Employees

173

Volunteers

N/A

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

$2,474,540

Total Directors

$99,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM WILLIAMSON	CHAIRPERSON/DIRECTOR	6.00	Officer Director	$18,000	$0	$18,000
ALMA VAZQUEZ-HERNANDEZ	DIRECTOR	3.00	Director	$9,000	$0	$9,000
BOB BRUHN	TREASURER (UNTIL 05/23)	3.00	Officer Director	$4,500	$0	$4,500
DONETTA DAVIDSON	DIRECTOR	3.00	Director	$9,000	$0	$9,000
FLOSSIE O'LEARY	VICE CHAIR	3.00	Officer Director	$9,000	$0	$9,000
JOHN BODNAR	SECRETARY/DIRECTOR	3.00	Officer Director	$9,000	$0	$9,000
LYNN SIERRAS-KRONE	DIRECTOR	3.00	Director	$9,000	$0	$9,000
MIKE DOSS	DIRECTOR	3.00	Officer Director	$9,000	$0	$9,000
PRESTON BRANAUGH	DIRECTOR	3.00	Director	$9,000	$0	$9,000
ROGER CAMPBELL	DIRECTOR	3.00	Director	$5,250	$0	$5,250
TONY DAYMIL	DIRECTOR	3.00	Director	$9,000	$0	$9,000
CARRIE LANGGARD	CEO/PRESIDENT	40.00	Officer	$503,694	$29,807	$533,501
CHARLIE EMANUEL	CFO	40.00	Officer	$268,408	$19,862	$288,270
CHERISE MEANY	VP OF MARKETING	40.00	Officer	$135,760	$18,176	$153,936
GARY ROBBINS	CHIEF LENDING OFFICER	40.00	Officer	$277,704	$37,099	$314,803
JOSH HENDERSON	VP IT	40.00	Officer	$177,012	$35,491	$212,503
MIRANDA LOTT	SVP OF HR	40.00	Officer	$195,121	$17,598	$212,719
NATHAN ROGERS	CHIEF STRATEGY OFFICER	40.00	Officer	$259,585	$26,852	$286,437
TERRI RHOADES	VP BUSINESS SERVICES	40.00	Officer	$119,267	$8,466	$127,733
DIANE ARTHUR	VP OF FINANCE	40.00	Officer	$66,357	$6,702	$73,059
IAIN MCHENRY	SVP OF LENDING	40.00	Officer	$70,178	$8,866	$79,044
KENDRA GALLOWAY	VP OF PROCESS & PARTNER INNOVATION	40.00	Officer	$138,641	$4,394	$143,035
SUZANNE CARRICK	PRODUCT STRATEGIST	40.00	Highest	$107,210	$11,630	$118,840
DOMINGO LORA-MENDOZA	AVP OF MEMBER EXPERIENCE	40.00	Highest	$128,251	$17,235	$145,486
SARAH ORTIZ	EXECUTIVE BUSINESS PARTNER	40.00	Highest	$104,578	$14,070	$118,648

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	$42,570,734	$34,756,679	$664,866,439	$7,814,055
2022	$32,901,529	$23,726,735	$632,073,960	$9,174,794
2021	$25,522,076	$19,465,362	$541,418,878	$6,056,714
2020	$22,056,098	$19,628,495	$477,256,074	$2,427,603
2019	$22,607,217	$19,268,546	$414,152,437	$3,338,671
2018	$20,177,076	$16,876,573	$388,076,989	$3,300,503

SOOPER CREDIT UNION