1368 Code Credit Union

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

9 people listed

DAVID S RUTHERFORD (PRESIDENT/CEO/TREASURER): $406,074 total reported compensation
CRAIG M BALLANTINE (SVP OPERATIONS/IT): $174,124 total reported compensation
MADISON Y MESSINGER (SVP FINANCE/ADMINISTRATION): $166,215 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

To passionately deliver a comprehensive range of exceptional services to our members and to improve our members' financial lives.

Provide financial services to its members.

Revenue model: Earned-program. 87% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 85.7%; rating input score 86; 16th percentile among comparable filings
Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 9.7%; rating input score 57; 57th percentile among comparable filings
Total-asset coverage ratio: 17.67; rating input score 92; 92nd percentile among comparable filings
Liabilities to assets ratio: 0.88; rating input score 8; 8th percentile among comparable filings
Officer compensation ratio: 7.5%; rating input score 39; 39th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 4.9% per year; rating input score 100; 40th percentile among comparable filings
Asset growth: 4.1% per year; rating input score 100; 27th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 6 of 7 board members independent · 8 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $406K · 9 people listed · 3 of 6 pay-setting controls reported
Consistency: 13 of 13 current checks pass
Schedules: 3 filed schedules · includes executive pay
Filing history: 15 filing years from 2010 to 2025
Contacts: How to reach this organization
Money network: 3 filed money-flow records
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.
Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Signals prioritize questions for review. They are not findings of misconduct.

Review — Sustainability: Operating margin scored 57/100.
Review — Accountability: Governance controls: Other executive compensation review process not reported.
High — Sustainability: Liabilities to assets ratio scored 8/100.
Moderate — Sustainability: Officer compensation ratio scored 39/100.