W — Public & Societal BenefitEIN: 043414490· Ruling Year: 1999

Tremont Credit Union

Boston, Massachusetts

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 9 peers in Public & Societal Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.56×
Peer Median11.38×
💰
$14.0M
Total Revenue
📊
$14.1M
Total Expenses
🏦
$21.9M
Net Assets
📋
$239.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+25.3%
Year-over-year change (2022 → 2023)
Net Margin
-0.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.56
Net assets divided by total expenses
Liabilities-to-Assets
91.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$13,953,932↑25%$14,056,144↑32%$261,134,842↑2%
2022$11,136,951↑12%$10,636,902↑14%$255,114,045↑4%
2021$9,907,662↑8%$9,307,134↑4%$244,401,139↑2%
2020$9,193,968↓10%$8,940,771↓1%$240,451,967↑18%
2019$10,236,397↑10%$9,006,691↑12%$203,534,916↑10%
2018$9,292,143↑9%$8,071,440↑9%$184,787,616↑6%
2017$8,534,778↑15%$7,406,001↑17%$174,387,317↑1%
2016$7,443,648↑4%$6,329,457↓2%$172,309,492↑1%
2015$7,134,194$6,455,042↓5%$170,799,175↑3%
2014$7,126,060↑4%$6,805,968↓3%$166,209,146↑1%
2013$6,823,944↓7%$7,005,711↓4%$164,407,259↑2%
2012$7,343,956↓9%$7,325,476↓14%$161,825,820↓2%
2011$8,063,153$8,506,754$164,591,584

Frequently Asked Questions

What does Tremont Credit Union do?▼

Tremont Credit Union is a public & societal benefit nonprofit organization based in Massachusetts. It is classified under NTEE code W60 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Tremont Credit Union financially healthy?▼

Based on our 9-metric Financial Health Score model, Tremont Credit Union has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Tremont Credit Union generate?▼

Tremont Credit Union reports $14.3M in annual revenue and holds $260.4M in total assets, based on IRS filings.

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