North Bay Credit Union

EIN: 941214770

Santa Rosa, CA

Total Revenue
$11,534,390
Total Expenses
$13,506,153
Total Assets
$117,149,595
Net Assets
$7,598,231
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
CA
Principal Officer
Chris Call
Phone
7075840384
Tax Period
2024-01-01 to 2024-12-31

North Bay Credit Union, founded in 1948, is a mid-sized nonprofit that reported $11.5M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $13.5M exceeded revenue, resulting in a 17% operating deficit.

Mission

North Bay Credit Union formerly, Sonoma County Grange Credit Union is a non-profit financial cooperative that provides financial services for their members including savings and 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $10,778,774
Investment Income $129,900
Other Revenue $625,716
TOTAL REVENUE $11,534,390

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,027,806
Fundraising Expenses $0
Other Expenses $8,478,347
TOTAL EXPENSES $13,506,153

Year-over-Year Comparison

2024 2023 Change
Revenue $11,534,390 $10,601,574 +0.1%
Expenses $13,506,153 $10,654,283 +0.3%
Net Income $-1,971,763 $-52,709 +36.4%
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

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Governance

Voting Members
7
Independent Members
7
Employees
25
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
0
$0
Total Directors
9
$0
Key Employees
6
$982,917
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Call CEO 040.00
Key Emp Highest
$349,917 $0 $349,917
Robert Goebel Chief Lending Officer 040.00
Key Emp
$155,000 $0 $155,000
Donna Gomes Chief Compliance Officer 040.00
Key Emp
$130,000 $0 $130,000
Nadirah Rashadeen Director of Payments 040.00
Key Emp
$125,000 $0 $125,000
Christopher Rose Director of IT 040.00
Key Emp
$115,000 $0 $115,000
Tonya Dickeson Controller 040.00
Key Emp
$108,000 $0 $108,000
Ned Davis Board Member 001.00
Director
$0 $0 $0
Jeffrey Morgan Board Member 001.00
Director
$0 $0 $0
Ned Davis Board Member 001.00
Director
$0 $0 $0
Kathryn Safford Board Member 001.00
Director
$0 $0 $0
Tami Reid Board Member 001.00
Director
$0 $0 $0
Mara Gordon Vice-Chair 001.00
Director
$0 $0 $0
Bob Muelrath Board Member 001.00
Director
$0 $0 $0
Mike Tramontin Chairman 001.00
Director
$0 $0 $0
Jeffrey Morgan Treasurer 001.00
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 $11,534,390 $13,506,153 $117,149,595 $-1,971,763
2023 $10,601,574 $10,654,283 $120,937,575 $-52,709
2022 $10,151,971 $9,690,023 $112,855,513 $461,948
2021 $9,289,949 $7,578,828 $94,656,550 $1,711,121
2020 $8,377,114 $6,708,436 $87,526,165 $1,668,678
2019 $5,419,420 $4,683,733 $68,252,227 $735,687
2018 $2,641,251 $2,417,008 $55,302,208 $224,243
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