Holy Rosary Credit Union
Nonprofit profile at a glance
- EIN
- 440532281
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Kansas City, MO, USA
- Phone
- 8162212734
- Rating confidence
- Limited
- Sector
- Credit Unions
Reported finances
- Revenue
- $5,049,421
- Expenses
- $4,943,666
- Assets
- $42,986,309
- Liabilities
- $39,181,341
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- CAROLE WIGHT (PRESIDENT)
Highest reported compensation
- ANNA-MARIA CONSOR (CHIEF INFORMATION OFFICER): $169,411 total reported compensation
- CAROLE WIGHT (PRESIDENT): $127,206 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hrcu's mission is creating and protecting ownership and economic opportunity for all. The credit union does this by providing responsible financial services and education, lending to individuals, small businesses and nonprofits, developing real estate, and providing fair financial practices.
What it reported doing in 2024
Provides a source of credit to members at a fair and reasonable rate of interest. As of december 31, 2024, there were 3,419 loans outstanding totaling $33,679,493.
Operating model
- Revenue model
- Earned-program. 69% 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 verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 91
- Sustainability: 53
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- 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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 2.1%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 8.7; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.91; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 6%; rating input score 47; 47th percentile among comparable filings
Growth
- Program expense growth: -40.4% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: 16.4% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 9.5% per year; rating input score 100; 57th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 13 of 13 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $169K · 13 people listed · 4 of 6 pay-setting controls reported
- Consistency: 11 of 11 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 42/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- Moderate — Sustainability: Officer compensation ratio scored 47/100.