1ST VALLEY CREDIT UNION

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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

Martha Ramos

Phone

9098890838

Tax Period

2024-01-01 to 2024-06-30

1ST VALLEY CREDIT UNION, founded in 1951, is a small nonprofit that reported $896K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.8M, a strong 196% operating margin.

Mission

Non-profit, State Chartered Natural Person Credit Union. Provide competitive financial services to the members of 1st Valley Credit Union.

Program Service Accomplishments

Program 1

Provided deposit and loan accounts to 2,888 members. Provided low cost source or credit and low cost financial services to our members. Provided source for member savings and checking account needs.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $571,013

Investment Income $149,984

Other Revenue $175,381

TOTAL REVENUE $896,378

Expense Breakdown

Grants Paid $0

Salaries & Benefits $392,163

Fundraising Expenses $0

Other Expenses $-1,511,770

TOTAL EXPENSES $-857,044

Year-over-Year Comparison

	2024	2023	Change
Revenue	$896,378	$2,035,656	-0.6%
Expenses	$-857,044	$3,403,795	-1.3%
Net Income	$1,753,422	$-1,368,139	-2.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chris Miree	Board Member	0.50	Director	$0	$0	$0
CRAIG SCOTT	BOARD CHAIRMAN	0.50	Director	$0	$0	$0
JANE SNEDDON	BOARD MEMBER	0.50	Director	$0	$0	$0
ELIZABETH CRUZ	BOARD VICECHAIR	0.50	Director	$0	$0	$0
CECILIA ABOYTES	SC MEMBER	0.50	Director	$0	$0	$0
CARL JONES	SC CHAIRPERSON	0.50	Director	$0	$0	$0
LETICIA BRIGGS	BD SECRETARY	0.50	Director	$0	$0	$0
CLAUDIA LOPEZ	SC MEMBER	0.50	Director	$0	$0	$0
ERNEST DOWDY	BOARD TREASURER	0.50	Director	$0	$0	$0
Teresa Martinez	Sr. VP	40.00	Officer	$0	$0	$0
Lisa Daniels	CEO	40.00	Officer	$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	$896,378	$-857,044	No data	$1,753,422
2023	$2,035,656	$3,403,795	$49,454,196	$-1,368,139
2022	$1,408,634	$1,593,788	$47,769,576	$-185,154
2021	$1,567,034	$1,802,391	$51,488,038	$-235,357
2020	$1,582,342	$1,525,086	$48,814,532	$57,256
2019	$1,598,869	$1,438,883	$40,455,803	$159,986
2018	$1,413,297	$1,349,174	$39,478,001	$64,123