SILVERADO CREDIT UNION (EIN 941276845) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

DAN MADRID

Phone

7079652483

Tax Period

2023-01-01 to 2023-12-31

SILVERADO CREDIT UNION, founded in 1979, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $652K, a strong 27% operating margin.

Mission

A COOPERATIVE ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,598,398

Investment Income $797,759

Other Revenue $5,104

TOTAL REVENUE $2,401,261

Expense Breakdown

Grants Paid $500

Salaries & Benefits $771,076

Fundraising Expenses $0

Other Expenses $977,589

TOTAL EXPENSES $1,749,165

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,401,261	$1,862,806	+0.3%
Expenses	$1,749,165	$1,614,975	+0.1%
Net Income	$652,096	$247,831	+1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

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

$98,188

Total Directors

$98,188

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF VENESS	CHAIRMAN	1.00	Director	$0	$0	$0
MICHAEL GRIMES	VICE CHAIRMAN	1.00	Director	$0	$0	$0
SHERRILYN ROTH	SECRETARY	1.00	Director	$0	$0	$0
CURTIS CHURCH	BOARD MEMBER	1.00	Director	$0	$0	$0
GARY GALUSHA	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES KENDRICK	BOARD MEMBER	1.00	Director	$0	$0	$0
DANIEL MADRID	SUPV CMTE CHAIRMAN	1.00	Director	$0	$0	$0
MARK PACINI	SUPV CMTE MEMBER	1.00	Director	$0	$0	$0
AMANDA GRANADOS	SUPV CMTE MEMBER	1.00	Director	$0	$0	$0
MARILYN VAN DOLSON	PRESIDENT/TREASURER	40.00	Officer Director	$89,185	$9,003	$98,188

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	$2,401,261	$1,749,165	$56,458,591	$652,096
2022	$1,862,806	$1,614,975	$62,733,604	$247,831
2021	$1,568,104	$1,590,048	$63,973,981	$-21,944
2020	$1,709,724	$1,640,392	$58,107,908	$69,332
2019	$1,863,292	$1,688,916	$43,852,494	$174,376
2018	$1,865,530	$1,593,079	$45,819,320	$272,451

SILVERADO CREDIT UNION