CHRISTIAN COMMUNITY CREDIT UNION (EIN 951981100) - 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

1957

Legal Domicile

Principal Officer

BLAIR KORSCHUN

Phone

8003472228

Tax Period

2023-01-01 to 2023-12-31

CHRISTIAN COMMUNITY CREDIT UNION, founded in 1957, is a mid-sized nonprofit that reported $40.1M in total revenue in fiscal year 2023. Expenses of $35.0M left a modest 13% surplus.

Mission

THE CREDIT UNION IS OPERATED FOR THE PURPOSE OF PROMOTING THRIFT, PROVIDING CREDIT AT REASONABLE RATES, AND PROVIDING OTHER FINANCIAL SERVICES TO 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 $33,944,170

Investment Income $6,174,139

Other Revenue $0

TOTAL REVENUE $40,118,309

Expense Breakdown

Grants Paid $278,041

Salaries & Benefits $14,906,410

Fundraising Expenses $0

Other Expenses $19,778,651

TOTAL EXPENSES $34,963,102

Year-over-Year Comparison

	2023	2022	Change
Revenue	$40,118,309	$38,274,101	+0.0%
Expenses	$34,963,102	$29,725,533	+0.2%
Net Income	$5,155,207	$8,548,568	-0.4%

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

136

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

$2,065,837

Total Directors

$1,033,855

Key Employees

$1,655,181

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STUART BLAIR KORSCHUN	PRESIDENT/CEO	40.00	Officer Director	$918,286	$87,804	$1,006,090
MICHAEL PATE	FORMER VICE CHAIR	1.00	Officer Director	$4,834	$0	$4,834
MARK BARGAEHR	DIRECTOR	1.00	Director	$1,846	$0	$1,846
DALE TORRY	CHAIR	1.00	Officer Director	$5,629	$0	$5,629
JEFF SALLADIN	VICE CHAIR	1.00	Officer Director	$5,023	$0	$5,023
DOROTHY KIM	TREASURER	1.00	Officer Director	$5,739	$0	$5,739
RICK BEE	SECRETARY	1.00	Officer Director	$4,694	$0	$4,694
MARJORIE HUGHES	EVP/COO	40.00	Officer	$508,653	$51,597	$560,250
JASON THOMAS	SVP/CFO	40.00	Officer	$391,417	$82,161	$473,578
DAVID SOUTH	SVP/HUMAN RESOURCES	40.00	Key Emp	$407,543	$46,031	$453,574
MICHAEL POIRIER	SVP/CLO	40.00	Key Emp	$368,262	$70,659	$438,921
AARON CAID	SVP/CMO	40.00	Key Emp	$330,742	$77,539	$408,281
JOHN SILVIS	SVP/CTO	40.00	Key Emp	$289,076	$65,329	$354,405
TIM LAWRENCE	VP/MDG GROUP, SALES	40.00	Highest	$221,031	$53,407	$274,438
CHARLANDA ALLEN	VP/SALES & SERVICE	40.00	Highest	$168,420	$44,047	$212,467
HAMID SAMADOFF	VP/ACCOUNTING	40.00	Highest	$161,155	$41,679	$202,834
DONNA ESSE	VP/ELECTRONIC SERVICES	40.00	Highest	$168,525	$23,203	$191,728
RONA FORD	VP/MDG OPERATIONS	40.00	Highest	$164,891	$25,189	$190,080
JOHN WALLING	FORMER CEO	0.00		$154,899	$0	$154,899

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	$40,118,309	$34,963,102	$850,313,437	$5,155,207
2022	$38,274,101	$29,725,533	$880,133,266	$8,548,568
2021	$28,670,725	$27,823,294	$862,846,782	$847,431
2020	$29,147,112	$26,466,800	$802,306,584	$2,680,312
2019	$31,832,851	$27,108,792	$694,332,444	$4,724,059
2018	$30,577,661	$25,165,706	$656,919,996	$5,411,955

CHRISTIAN COMMUNITY CREDIT UNION