L A ELECTRICAL WORKERS CREDIT UNION (EIN 951847819) - 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

1953

Legal Domicile

Principal Officer

SHAWN MCDONALD

Phone

6264409284

Tax Period

2023-01-01 to 2023-12-31

L A ELECTRICAL WORKERS CREDIT UNION, founded in 1953, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $345K, a strong 16% operating margin.

Mission

TO PROMOTE THRIFT, HONESTY, INTEGRITY, BUSINESS METHODS, AND THE SPIRIT OF SERVICE 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 $935,297

Investment Income $1,213,835

Other Revenue $27,914

TOTAL REVENUE $2,177,046

Expense Breakdown

Grants Paid $0

Salaries & Benefits $760,267

Fundraising Expenses $0

Other Expenses $1,071,420

TOTAL EXPENSES $1,831,687

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,177,046	$1,377,207	+0.6%
Expenses	$1,831,687	$1,709,966	+0.1%
Net Income	$345,359	$-332,759	-2.0%

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

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

$378,800

Total Directors

$226,091

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAWN MCDONALD	CEO/TREASURER	40.00	Officer Director	$155,088	$71,003	$226,091
CITLALI CASTILLO	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT CORONA	PRESIDENT/CHAIR	1.00	Officer Director	$0	$0	$0
SHOMARI DAVIS	SECRETARY	1.00	Officer Director	$0	$0	$0
MARC GREENFIELD	ASSISTANT TREASURER	1.00	Officer Director	$0	$0	$0
LADISLAO ORTIZ	DIRECTOR	1.00	Director	$0	$0	$0
GARY TOMLIN	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
STACY JURADO	EXECUTIVE VICE PRESIDENT	40.00	Officer	$120,600	$32,109	$152,709

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	$2,177,046	$1,831,687	$56,036,555	$345,359
2022	$1,377,207	$1,709,966	$56,960,621	$-332,759
2021	$898,409	$1,312,566	$55,072,681	$-414,157
2020	$1,018,553	$1,083,885	$41,202,442	$-65,332
2019	$1,160,713	$1,102,192	$41,137,293	$58,521
2018	$1,119,047	$1,184,468	$42,802,479	$-65,421

L A ELECTRICAL WORKERS CREDIT UNION