TRAVIS CREDIT UNION (EIN 941242831) - 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

KEVIN MILLER

Phone

7074691755

Tax Period

2023-01-01 to 2023-12-31

TRAVIS CREDIT UNION, founded in 1951, is a major nonprofit that reported $230.8M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $201.1M left a modest 13% surplus.

Mission

A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS 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 $207,077,368

Investment Income $23,105,084

Other Revenue $609,010

TOTAL REVENUE $230,791,462

Expense Breakdown

Grants Paid $60,000

Salaries & Benefits $69,007,304

Fundraising Expenses $0

Other Expenses $132,021,277

TOTAL EXPENSES $201,088,581

Year-over-Year Comparison

	2023	2022	Change
Revenue	$230,791,462	$193,300,043	+0.2%
Expenses	$201,088,581	$162,759,745	+0.2%
Net Income	$29,702,881	$30,540,298	0.0%

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

796

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

$1,941,398

Total Directors

$11,709

Key Employees

$2,338,809

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH ASPLING	BOARD CHAIR	6.00	Director	$0	$0	$0
KEVIN BURKE	BOARD VICE CHAIR	4.00	Director	$1,021	$0	$1,021
MARY COBURN	BOARD SECRETARY	4.00	Director	$630	$0	$630
DOUGLAS BEAUMONT	BOARD TREASURER	4.00	Director	$630	$0	$630
TIM MURRILL	BOARD MEMBER	4.00	Director	$630	$0	$630
LEONARD AUGUSTINE	BOARD MEMBER	4.00	Director	$630	$0	$630
BRIAN HOWELL	BOARD MEMBER	4.00	Director	$630	$0	$630
JAMES P KIRKLEY	BOARD MEMBER	4.00	Director	$1,833	$0	$1,833
RICHARD WORD	BOARD MEMBER	4.00	Director	$630	$0	$630
TIMOTHY TRUESDALE	SUPV CMTE CHAIRPERSON	4.00	Director	$1,148	$0	$1,148
KARI MULHOLLAND	SUPV CMTE MEMBER	4.00	Director	$1,894	$0	$1,894
JOHANNA BENKER	SUPV CMTE MEMBER	4.00	Director	$2,033	$0	$2,033
KEVIN MILLER	PRESIDENT/CEO	40.00	Officer	$908,743	$499,707	$1,408,450
IVAN JONES	SVP, CHIEF FINANCIAL OFFICER	40.00	Officer	$451,771	$81,177	$532,948
MICHAEL JOSEPH LEVY	SVP, GENERAL COUNSEL	40.00	Key Emp	$343,392	$131,981	$475,373
SCOTT A NICHOLS	SVP, CHIEF INFORMATION OFFICER	40.00	Key Emp	$324,566	$149,203	$473,769
CATHERINE A JOHNSON-KOMINS	SVP, CHIEF PEOPLE OFFICER	40.00	Key Emp	$290,344	$112,640	$402,984
DOUGLAS G MARSHALL	SVP, CHIEF MARKETING OFFICER	40.00	Key Emp	$279,446	$131,490	$410,936
REVATI X RAO	SVP, CHIEF LENDING OFFICER	40.00	Key Emp	$260,814	$52,176	$312,990
ERIK C WAKEFIELD	SVP, OPERATIONS	40.00	Key Emp	$230,662	$32,095	$262,757
DENA M ROTHMANN	MANAGING VP, RETAIL & BRANCH BANKING	40.00	Highest	$439,850	$35,485	$475,335
ARIC N KOSHIYAMA	WEALTH ADVISOR	40.00	Highest	$417,278	$29,761	$447,039
MATTHEW PROSNESKI	VP, RETAIL OPERATIONS	40.00	Highest	$313,273	$44,273	$357,546
GRANT D KARSAS	VP, DIGITAL SERVICES	40.00	Highest	$281,502	$21,112	$302,614
CYNTHIA MCGUIRE	VP, LENDING OPERATIONS	40.00	Highest	$279,108	$37,000	$316,108

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	$230,791,462	$201,088,581	$4,934,431,346	$29,702,881
2022	$193,300,043	$162,759,745	$4,698,766,675	$30,540,298
2021	$194,928,518	$138,446,735	$4,695,813,134	$56,481,783
2020	$186,675,750	$150,368,373	$4,253,827,937	$36,307,377
2019	$180,779,315	$150,351,665	$3,365,005,976	$30,427,650
2018	$160,042,468	$133,490,117	$3,121,393,060	$26,552,351

TRAVIS CREDIT UNION