Credit Unions In The State Of California

Organization Overview

Credit Unions In The State Of California is located in Los Angeles, CA. The organization was established in 1964. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Credit Unions In The State Of California employed 159 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Credit Unions In The State Of California is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2021, Credit Unions In The State Of California generated $33.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $28.2m during the year ending 12/2021. While expenses have increased by 13.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NON-PROFIT, STATE CHARTERED, NATURAL PERSON CREDIT UNION, PROVIDE COMPETITVE FINANCIAL SERVICES TO THE MEMBERS OF UNIVERSITY CREDIT UNION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED DEPOSIT AND LOAN ACCOUNTS TO ITS 49,397 MEMBERS. PROVIDED LOW COST SOURCE OF CREDIT AND LOW COST FINANCIAL SERVICES TO MEMBERS. PROVIDED SOURCE FOR MEMBER SAVINGS AND CHECKING ACCOUNT NEEDS.


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Board, Officers & Key Employees

Name (title)Compensation
Tuyo David
President & CEO
$578,603
Nagahashi Estela
Evp & Chief Len
$318,402
Sercu Steven P
Chief Technolog
$294,895
Rizk Serge
CFO
$259,872
Dion Chen Tristan
Chief Marketing
$238,724
Chandra Ashish
Vp, Information
$191,373

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Truhome Solutions Llc
Loan Origination & Servic
$0
Styskal Wiese & Melchione Llp
Legal Services
$0
Zag Interactive Llc
Online Marketing
$0
Brad Copeland
Marketing Consultant
$0
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$24,353,154
Investment income $1,102,021
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $33,672,841

Peer Organizations

Organization NameAssets
California Credit Union
Glendale, CA
$164,391,792
Credit Unions In The State Of California
Sunnyvale, CA
$197,844,755
Educational Employees Credit Union
Fresno, CA
$140,033,802
Oregon Community Credit Union
Eugene, OR
$182,242,816
Provident Credit Union
Redwood City, CA
$114,626,988
Valley Strong Credit Union
Bakersfield, CA
$131,789,936
Technology Credit Union
San Jose, CA
$173,209,130
One Az Credit Union
Phoenix, AZ
$105,409,190
Credit Unions In The State Of California
San Diego, CA
$114,723,458
Premier America Credit Union
Chatsworth, CA
$107,505,968
Vantage West Credit Union
Tucson, AZ
$106,118,675
Altura Credit Union
Riverside, CA
$106,884,732

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