California Credit Union League
- Assets
- $29.5m
- Revenue
- $7.6m
- Investments
- $142.3k
- Employees
- 13
- Location
- Ontario, CA
- Founding
- 06/1952
- Data as of
- 12/2021
- EIN
- 94-0357265
Organization Overview
California Credit Union League is located in Ontario, CA. The organization was established in 1952. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, California Credit Union League employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Credit Union League is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, California Credit Union League generated $7.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $6.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CREDIT UNIONS WITH ADVOCACY, EDUCATION, INFORMATION AND LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY: EXECUTE AN AGGRESSIVE, COMPREHENSIVE ADVOCACY PLAN THAT INCREASES AWARENESS AND SUPPORT OF CREDIT UNIONS AMONG CONSUMERS AND POLICY MAKERS, AND ENHANCES THE LEGISLATIVE AND REGULATORY ENVIRONMENT FOR CREDIT UNIONS.
INFORMATION: PRODUCE PROACTIVE INFORMATION FOR AND ABOUT CREDIT UNIONS IN A MANNER THAT POSITIONS US AS A PRIMARY RESOURCE FOR CREDIT UNIONS,POLICYMAKERS, MEDIA, CONSUMER GROUPS AND OTHER INTERESTED PARTIES.
EDUCATION: DELIVER QUALITY, FINANCIALLY SELF-SUPPORTING EDUCATION PROGRAMS THAT ENABLE CREDIT UNIONS TO EFFECTIVELY AND EFFICIENTLY NAVIGATE THE FINANCIAL SERVICES LANDSCAPE.
LEADERSHIP: CHAMPION THE VITALITY OF CREDIT UNIONS BY TAKING A LEADERSHIP ROLE, REGIONALLY AND NATIONALLY, IN PROMOTING COOPERATION BETWEEN CREDIT UNIONS AND RELATED ORGANIZATIONS AND IN CULTIVATING INDUSTRY LEADERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Dykstra President/ceo | Officer | 30 | $1,042,751 |
Robert Arnould SVP Advocacy | Officer | 40 | $244,561 |
Jeremy Empol Lobbyist & VP Federal Govt Affairs | Officer | 40 | $178,553 |
Robert Wilson VP State Govt Affairs | 40 | $137,270 | |
Richard Stanton VP Media Relations & Data Analysis | 32 | $131,637 | |
Lisa Deschaine-Quaranta VP Of Regulatory Advocacy And Compliance | 40 | $130,033 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Plexcity A Cooperative Association Administrative | 12/30/15 | $617,413 |
California League Service Corporation Administrative | 12/30/15 | $1,689,785 |
Kadesh & Associates Llc Consulting | 12/30/15 | $108,000 |
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 | $268,079 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $268,079 |
| Total Program Service Revenue | $6,533,712 |
| Investment income | -$463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $259,561 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,558,766 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,195 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,374,662 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,903 |
| Pension plan accruals and contributions | $221,029 |
| Other employee benefits | $166,246 |
| Payroll taxes | $121,192 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $94,930 |
| Fees for services: Accounting | $11,665 |
| Fees for services: Lobbying | $157,992 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,652,574 |
| Advertising and promotion | $150 |
| Office expenses | $41,879 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $290,128 |
| Travel | $48,904 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,200 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,957 |
| Insurance | $21,473 |
| All other expenses | $75,000 |
| Total functional expenses | $6,575,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,718,323 |
| Savings and temporary cash investments | $5,382,421 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,502,772 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $379,378 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $180,854 |
| Net Land, buildings, and equipment | $20,578 |
| Investments—publicly traded securities | $6,029,516 |
| Investments—other securities | $142,270 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,175,216 |
| Total assets | $29,531,328 |
| Accounts payable and accrued expenses | $3,712,251 |
| Grants payable | $0 |
| Deferred revenue | $3,102,713 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,347,015 |
| Total liabilities | $8,161,979 |
| Net assets without donor restrictions | $17,932,130 |
| Net assets with donor restrictions | $3,437,219 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $29,531,328 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that California Credit Union League has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Credit Unions In The State Of California Hollywood, CA PURPOSE: PARTNERS FOR ADVOCACY PROGRAM SPONSORSHIP | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
County Supervisors Assn Of Ca Sacramento, CA | $13,363,882 | $9,936,201 |
Howard Jarvis Taxpayers Association Laguna Niguel, CA | $8,742,676 | $7,848,620 |
California Credit Union League Ontario, CA | $29,531,328 | $7,558,766 |
California Municipal Utilities Association Sacramento, CA | $1,438,040 | $3,988,972 |
American Water Works Association Rancho Cucamonga, CA | $2,909,374 | $2,878,062 |
California Taxpayers Association Sacramento, CA | $1,627,545 | $1,678,404 |
Rural Water Association Of Arizona Apache Junction, AZ | $676,168 | $1,021,732 |
California Association Of Councils Of Goverments Sacramento, CA | $380,054 | $767,142 |
Association Of Asian American Investment Managers San Francisco, CA | $0 | $817,109 |
Redondo Beach Travel And Tourism Redondo Beach, CA | $332,946 | $638,594 |
Merchant Acquirers Committee Inc Sacramento, CA | $674,073 | $665,838 |
Nacm Northwest Co Portland, OR | $4,183,756 | $761,145 |