OREGONIANS CREDIT UNION

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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

1936

Legal Domicile

Principal Officer

MILTON LAUNIUS

Phone

5032395336

Tax Period

2023-01-01 to 2023-12-31

OREGONIANS CREDIT UNION, founded in 1936, is a mid-sized nonprofit that reported $16.0M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 18% operating margin.

Mission

THE CREDIT UNION ENCOURAGES THRIFT AMONG ITS MEMBERS, PROVIDES CREDIT AT FAIR AND REASONABLE RATES OF INTEREST, AND PROVIDES AN OPPORTUNITY FOR MEMBERS TO USE AND CONTROL THEIR OWN MONEY IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION.

Program Service Accomplishments

Program 1

Expenses: $13,111,680 Revenue: $15,971,238

THE CREDIT UNION PROVIDED LOW COST RETAIL FINANCIAL SERVICES TO MORE THAN 19,524 MEMBER/OWNERS THROUGH SEVEN BRANCHES LOCATED IN 13 OREGON COUNTIES AND HUNDREDS OF ATMS AND SHARED BRANCH LOCATIONS...

THE CREDIT UNION PROVIDED LOW COST RETAIL FINANCIAL SERVICES TO MORE THAN 19,524 MEMBER/OWNERS THROUGH SEVEN BRANCHES LOCATED IN 13 OREGON COUNTIES AND HUNDREDS OF ATMS AND SHARED BRANCH LOCATIONS WITH OTHER CREDIT UNIONS. SERVICES INCLUDE SAVINGS AND DEPOSIT ACCOUNTS; CONSUMER, MORTGAGE, CREDIT CARD AND SMALL BUSINESS 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $11,417,071

Investment Income $4,537,844

Other Revenue $16,323

TOTAL REVENUE $15,971,238

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,926,651

Fundraising Expenses $0

Program Expenses $13,111,680

Other Expenses $7,185,029

TOTAL EXPENSES $13,111,680

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,971,238	$11,837,006	+0.3%
Expenses	$13,111,680	$10,328,132	+0.3%
Net Income	$2,859,558	$1,508,874	+0.9%

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

105

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

$562,535

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MILTON LAUNIUS	CEO	55.00	Officer	$317,015	$70,667	$387,682
SCOTT WETZLER	CFO	45.00	Officer	$165,862	$8,991	$174,853
MARIAN GRIFFITHS	Director	1.00	Director	$0	$0	$0
BRIAN MILLER	Director	2.00	Director	$0	$0	$0
JEFF COFFMAN	Chairman	2.00	Director	$0	$0	$0
ALICIA ANDERSON	VICE CHAIR	1.00	Director	$0	$0	$0
JIM MCBRIDE	Director	1.00	Director	$0	$0	$0
TRISH ROLIN	Director	1.00	Director	$0	$0	$0
PAUL DAWSON	Secretary	1.00	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	$15,971,238	$13,111,680	$347,757,503	$2,859,558
2022	$11,837,006	$10,328,132	$381,324,647	$1,508,874
2021	$10,903,249	$10,092,730	$383,927,608	$810,519
2020	$11,231,821	$10,919,937	$346,335,540	$311,884
2020	$11,231,821	$10,919,937	$346,335,540	$311,884
2019	$12,661,641	$10,064,130	$301,162,791	$2,597,511
2018	$11,582,457	$10,025,077	$304,043,707	$1,557,380