ADVANTIS CREDIT UNION (EIN 930251640) - 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

1928

Legal Domicile

Principal Officer

GREG SPEAR

Phone

5037852528

Tax Period

2023-01-01 to 2023-12-31

ADVANTIS CREDIT UNION, founded in 1928, is a mid-sized nonprofit that reported $98.7M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $94.9M left a modest 4% surplus.

Mission

PROVIDING 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $76,968,009

Investment Income $21,712,876

Other Revenue $0

TOTAL REVENUE $98,680,885

Expense Breakdown

Grants Paid $221,721

Salaries & Benefits $33,962,933

Fundraising Expenses $0

Other Expenses $60,704,018

TOTAL EXPENSES $94,888,672

Year-over-Year Comparison

	2023	2022	Change
Revenue	$98,680,885	$76,691,076	+0.3%
Expenses	$94,888,672	$65,042,971	+0.5%
Net Income	$3,792,213	$11,648,105	-0.7%

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

337

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

$3,010,142

Total Directors

$217,022

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TARUM GUDZ	CHAIR	2.00	Officer Director	$18,954	$0	$18,954
AMANDA OWINGS	VICE CHAIR	2.00	Officer Director	$18,537	$0	$18,537
BRYAN SIMS	SECRETARY/TREASURER, RISK & FINANCE COMMITTEE CHAI	2.00	Officer Director	$17,736	$0	$17,736
RENEE HALPERN	DIRECTOR, NOMINATING COMMITTEE CHAIR	2.00	Director	$17,417	$0	$17,417
TAMMY TESKE	DIRECTOR, GOVERNANCE COMMITTEE CHAIR	2.00	Director	$15,982	$0	$15,982
FREDERIC DUPEYROUX	DIRECTOR	2.00	Director	$15,417	$0	$15,417
JAKE JENSEN	DIRECTOR	2.00	Director	$15,417	$0	$15,417
KELLAN DAVIS	AUDIT COMMITTEE MEMBER	2.00	Director	$15,417	$0	$15,417
TRACI ROSSI	DIRECTOR, DEI COMMITTEE CHAIR	2.00	Director	$15,045	$0	$15,045
LIZ SPEER	AUDIT COMMITTEE MEMBER	2.00	Director	$14,255	$0	$14,255
BRANDON LEPLEY	AUDIT COMMITTEE CHAIR	2.00	Director	$14,215	$0	$14,215
WILLIAM KNUTHS	AUDIT COMMITTEE MEMBER	2.00	Director	$13,925	$0	$13,925
ROSS WESCOTT	AUDIT COMMITTEE MEMBER	2.00	Director	$13,417	$0	$13,417
NATHAN MORALES	ASSOCIATE DIRECTOR	2.00	Director	$7,708	$0	$7,708
MONIQUE CLAIBORNE	ASSOCIATE DIRECTOR	2.00	Director	$3,580	$0	$3,580
PATRICK HAGER	DIRECTOR	2.00	Director	$0	$0	$0
JASON WERTS	PRESIDENT/CEO	40.00	Officer	$635,812	$40,924	$676,736
TIMOTHY CLOUSE	SVP / CHIEF TECHNOLOGY OFFICER THRU 10/23	40.00	Officer	$492,461	$33,440	$525,901
GREG SPEAR	SVP / CHIEF FINANCIAL OFFICER	40.00	Officer	$396,024	$34,849	$430,873
KELI MYERS	SVP / CHIEF OPERATING OFFICER	40.00	Officer	$383,102	$39,932	$423,034
CHRISTOPHER GROSHKO	SVP / CHIEF EXPERIENCE OFFICER	40.00	Officer	$364,617	$35,376	$399,993
JOHN NICHOLS	SVP OF MARKETING	40.00	Officer	$266,574	$25,539	$292,113
JENNIFER MCMURRAY	VP OF STRATEGY & ADVOCACY	40.00	Officer	$192,514	$13,751	$206,265
TREVOR HUTCHENS	VP OF LENDING	40.00	Highest	$243,102	$35,152	$278,254
KELLY SONFLIETH	VP OF PEOPLE & CULTURE	40.00	Highest	$245,853	$27,998	$273,851
MARY ELLEN LANZISERA	DIRECTOR OF RISK MANAGEMENT	40.00	Highest	$202,179	$21,953	$224,132
NICOLE WHITE	VP OF DIGITAL BANKING AND REMOTE CHANNELS	40.00	Highest	$200,480	$21,825	$222,305
CHRIS CHARLTON	VP/CONTROLLER	40.00	Highest	$189,166	$27,499	$216,665

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	$98,680,885	$94,888,672	$1,954,971,748	$3,792,213
2022	$76,691,076	$65,042,971	$1,984,758,504	$11,648,105
2021	$72,337,533	$57,136,313	$1,980,374,380	$15,201,220
2020	$76,433,625	$63,018,251	$1,807,081,276	$13,415,374
2019	$68,628,894	$56,906,297	$1,478,812,305	$11,722,597
2018	$67,814,244	$57,001,316	$1,426,868,115	$10,812,928

ADVANTIS CREDIT UNION