Albany, NY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)NEW YORK CREDIT UNION ASSOCIATION INC, founded in 1917, is a small nonprofit that reported $133K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $157K exceeded revenue, resulting in a 18% operating deficit.
The Chapters of New York Credit Union Association, Inc. represent the grassroots efforts of New York credit unions. The Chapters generate funds from functions such as dinner meetings, education sessions, events, and an annual allocation from the state trade association dues. These funds are expended in the credit union spirit of 'People Helping People' in the form of scholarships, seminars, discussion forums, charitable causes, and community services.
Program service revenue includes Membership Services which encompasses the educational sessions that provide professional training and education for credit union management, employees, and...
Program service revenue includes Membership Services which encompasses the educational sessions that provide professional training and education for credit union management, employees, and volunteers. Community events are also held to promote credit union awareness and membership as well as consumer financial education. Annual meetings for the Chapters are also held for the election of officers. Additionally, dinner meetings and workshops are held to provide speakers on pertinent issues as well as a forum for members to exchange information and discuss regulatory issues.
Golf events and similar social events and activities are held in several Chapters as of means of funding charitable causes within their communities as well as college scholarships for graduating high...
Golf events and similar social events and activities are held in several Chapters as of means of funding charitable causes within their communities as well as college scholarships for graduating high school seniors.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $132,713 | $169,265 | -0.2% |
| Expenses | $156,844 | $121,749 | +0.3% |
| Net Income | $-24,131 | $47,516 | -1.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jody Carpenter | Adirondack Chapter President | 0 |
Director
|
$0 | $0 | $0 |
| Chris Hay | Adirondack Chapter Treasurer | 0 |
Director
|
$0 | $0 | $0 |
| Mike Carter | Capital Chapter President | 0 |
Director
|
$0 | $0 | $0 |
| Alyssa Evanchick | Capital Chapter Treasurer | 0 |
Director
|
$0 | $0 | $0 |
| Kristine Coleman-Jelinek | Catskill-Hudson President | 0 |
Director
|
$0 | $0 | $0 |
| Troy Del Valle | Catskill-Hudson Treasurer | 0 |
Director
|
$0 | $0 | $0 |
| Kaleb Wilson | Central New York Chapter President | 0 |
Director
|
$0 | $0 | $0 |
| Christina Suave | Central New York Chapter Treasurer | 0 |
Director
|
$0 | $0 | $0 |
| Marie Betti | Tri-Chapter WNY Chapter President | 0 |
Director
|
$0 | $0 | $0 |
| Jennifer Gunn | Long Island Chapter President | 0 |
Director
|
$0 | $0 | $0 |
| Patricia Daley | Long Island Chapter Treasurer | 0 |
Director
|
$0 | $0 | $0 |
| Dan Czerniawski | Metropolitan Chapter President | 0 |
Director
|
$0 | $0 | $0 |
| Robin Myers | Metropolitan Chapter Treasurer | 0 |
Director
|
$0 | $0 | $0 |
| Laura Dewey | Rochester Chapter President | 0 |
Director
|
$0 | $0 | $0 |
| Matt Amesbury | Rochester Chapter Treasurer | 0 |
Director
|
$0 | $0 | $0 |
| Mario DeFulvio | Southern Tier Chapter President | 0 |
Director
|
$0 | $0 | $0 |
| Kay Murray | Southern Tier Chapter Treasurer | 0 |
Director
|
$0 | $0 | $0 |
| Nick Mayhew | Utica-Rome Chapter President | 0 |
Director
|
$0 | $0 | $0 |
| Patrick Gallagher | Utica-Rome Chapter Treasurer | 0 |
Director
|
$0 | $0 | $0 |
| Mike Mattone | Westchester-Rockland President | 0 |
Director
|
$0 | $0 | $0 |
| Vincent Dambroso | Westchester-Rockland Chapter Treasurer | 0 |
Director
|
$0 | $0 | $0 |
| Jen Eschenbach | Tri-Chapter WNY Chapter Treasurer | 0 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $132,713 | $156,844 | $338,382 | $-24,131 |
| 2022 | $169,265 | $121,749 | $362,513 | $47,516 |
| 2021 | $164,057 | $180,006 | $314,997 | $-15,949 |
| 2020 | $123,574 | $79,649 | $330,946 | $43,925 |
| 2019 | $217,793 | $199,851 | $287,021 | $17,942 |
Compare NEW YORK CREDIT UNION ASSOCIATION INC with other nonprofits in New York and across the country.