VENTURA COUNTY CREDIT UNION (EIN 951790568) - 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

1950

Legal Domicile

Principal Officer

LINDA ROSSI

Phone

8054774024

Tax Period

2023-01-01 to 2023-12-31

VENTURA COUNTY CREDIT UNION, founded in 1950, is a mid-sized nonprofit that reported $66.7M in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13.4M, a strong 20% operating margin.

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 $52,048,527

Investment Income $14,613,533

Other Revenue $0

TOTAL REVENUE $66,662,060

Expense Breakdown

Grants Paid $301,653

Salaries & Benefits $19,269,975

Fundraising Expenses $0

Other Expenses $33,693,536

TOTAL EXPENSES $53,265,164

Year-over-Year Comparison

	2023	2022	Change
Revenue	$66,662,060	$50,312,368	+0.3%
Expenses	$53,265,164	$38,747,720	+0.4%
Net Income	$13,396,896	$11,564,648	+0.2%

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

243

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

$2,945,150

Total Directors

$58,980

Key Employees

$1,260,376

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROXANNE OSTREM	CHAIRPERSON	3.00	Director	$11,661	$0	$11,661
MARGO BYRNE	VICE CHAIRPERSON	3.00	Director	$5,756	$0	$5,756
SELFA SAUCEDO	SECRETARY	2.00	Director	$5,739	$0	$5,739
CORY MADDEN	TREASURER	3.00	Director	$6,975	$0	$6,975
SONIA AMEZCUA	BOARD MEMBER	2.00	Director	$5,797	$0	$5,797
SUE TATANGELO	BOARD MEMBER	4.00	Director	$11,114	$0	$11,114
TRIBBITT MARK	BOARD MEMBER	1.00	Director	$6,248	$0	$6,248
KENNETH KAGAN	SUPV CMTE CHAIR	4.00	Director	$0	$0	$0
BRENDA ALLISON	SUPV CMTE MEMBER	2.00	Director	$3,086	$0	$3,086
CHUNG CAM	SUPV CMTE MEMBER	1.00	Director	$2,604	$0	$2,604
SCOTT KOPALD	SUPV CMTE MEMBER	2.00	Director	$0	$0	$0
LINDA ROSSI	PRESIDENT/CEO	40.00	Officer	$730,200	$559,234	$1,289,434
GAVIN BRADLEY	COO	40.00	Officer	$398,948	$53,481	$452,429
LINDA SIM	CFO	40.00	Officer	$425,183	$54,288	$479,471
CHAD RITCHIE	CIO	40.00	Officer	$364,847	$47,145	$411,992
EDMOND SAHAKIAN	CLO	40.00	Officer	$269,378	$42,446	$311,824
BEVERLY ARMENDARIZ	VP, HUMAN RESOURCES	40.00	Key Emp	$231,701	$41,889	$273,590
APRIL REMNANT	VP, DELIVERY SYSTEMS	40.00	Key Emp	$234,845	$44,973	$279,818
CHRISTINA ESTES	VP, MARKETING	40.00	Key Emp	$228,082	$33,375	$261,457
JOHN COOKE	VP, LENDING	40.00	Key Emp	$197,176	$42,814	$239,990
DIANNE CLAPP	VP, RISK MANAGEMENT	40.00	Key Emp	$185,416	$20,105	$205,521
DAVID KANONGATAA	FINANCIAL ADVISOR	40.00	Highest	$378,571	$51,241	$429,812
GINA O'CALLAGHAN	FINANCIAL ADVISOR	40.00	Highest	$353,428	$16,712	$370,140
RODOLFO GUEVARA TORRES	AVP BUSINESS SERVICES	40.00	Highest	$235,708	$26,838	$262,546
SEAN MCCULLOCH	AVP COMMERCIAL LENDING	40.00	Highest	$227,007	$16,599	$243,606
REGINA COTTON	AVP MORTGAGE OPERATIONS	40.00	Highest	$143,398	$31,344	$174,742

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	$66,662,060	$53,265,164	$1,354,835,838	$13,396,896
2022	$50,312,368	$38,747,720	$1,285,662,841	$11,564,648
2021	$41,276,672	$34,663,413	$1,276,134,577	$6,613,259
2020	$44,564,146	$40,216,537	$1,114,149,062	$4,347,609
2019	$49,954,417	$40,610,832	$904,609,226	$9,343,585
2018	$47,412,183	$39,463,738	$862,256,443	$7,948,445

VENTURA COUNTY CREDIT UNION