NATIONAL ASSOCIATION OF FEDERALLY- INSURED CREDIT UNIONS (EIN 952642719) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1967

Legal Domicile

Principal Officer

JIM NUSSLE

Phone

7035224770

Tax Period

2024-01-01 to 2024-01-31

NATIONAL ASSOCIATION OF FEDERAL CREDIT UNIONS INC, founded in 1967, is a mid-sized nonprofit that reported $17.9M in total revenue in fiscal year 2018. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $16.7M left a modest 7% surplus.

Mission

TO STRENGTHEN CREDIT UNIONS BY PROVIDING THE BEST FEDERAL ADVOCACY, EDUCATION AND COMPLIANCE ASSISTANCE IN THE INDUSTRY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$24,843,212	-1.0%
Expenses	N/A	$23,429,637	-1.0%
Net Income	N/A	$1,413,575	N/A

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

N/A

Volunteers

N/A

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
GARY A GRINNELL	CHAIR	10.00	Officer Director	$0	$0	$0
BRIAN T SCHOOLS	VICE CHAIR	10.00	Officer Director	$0	$0	$0
KAREN C HARBIN	TREASURER	5.00	Officer Director	$0	$0	$0
LONNIE NICHOLSON	SECRETARY	5.00	Officer Director	$0	$0	$0
MELANIE KENNEDY	DIRECTOR	1.00	Director	$0	$0	$0
FRANK MANCINI	DIRECTOR	1.00	Director	$0	$0	$0
KAREN ROSALES	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE SHERRODD	DIRECTOR	1.00	Director	$0	$0	$0
KEITH SULTEMEIER	DIRECTOR	1.00	Director	$0	$0	$0
ELI VAZQUEZ	DIRECTOR	1.00	Director	$0	$0	$0
WHITNEY ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
B DANIEL BERGER	PRESIDENT/CEO	40.00	Officer	$0	$0	$0
ANTHONY DEMANGONE	EVP/COO	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	No data	No data	No data	No data
2023	$24,843,212	$23,429,637	$32,647,025	$1,413,575
2022	$21,551,977	$19,826,935	$33,547,313	$1,725,042
2021	$18,837,903	$17,132,837	$31,185,033	$1,705,066
2020	$16,494,713	$15,718,873	$28,427,503	$775,840
2019	$19,387,813	$18,466,082	$28,576,772	$921,731
2018	$17,917,832	$16,708,973	$25,464,600	$1,208,859

NATIONAL ASSOCIATION OF FEDERALLY- INSURED CREDIT UNIONS